Hedge fund, Hudson Yards or Plaza
Posted by a tenant rep broker · Finance
- Where
- Hudson Yards, Midtown
- Size
- 15,000 to 22,000 SF
- Budget
- to $140/SF
- Move in
- Jul 2027
Office building with commercial space · Hudson Yards, Manhattan
New York, NY 10001
350 West 31st Street is an 8-floor office building with commercial space in Hudson Yards, Manhattan, built in 1924, with about 55,000 square feet of office space according to city records.
Also at 350-356 West 31st Street.
The 25th largest of the 25 office buildings we track in Hudson Yards. Compare it with 6 neighbors
No space at 350 West 31st Street is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once.
Compared with its neighbors
Next to the 6 nearest large office buildings, all within a 3 minute walk, 350 West 31st Street is the smallest by office floor area. Built in 1924, it is the oldest of them. Its estimated property tax, about $6.19 a square foot of floor area before abatements, is below the neighbors' median of $8.80.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 350 West 31st Street | 55K SF | 8 | 1924 | $6.19 |
| 362 Ninth Avenue | 317K SF | 16 | 1931 | $15.66 |
| Moynihan Train Hall, 441 Eighth Avenue | 293K SF | 5 | 1934 | Exempt |
| 2 Manhattan West | 1.8M SF | 60 | 2020 | $0.31 |
| 330 West 34th Street | 618K SF | 18 | 1926 | $14.83 |
| 254 West 31st Street | 59K SF | 15 | 1926 | $8.80 |
| 259 West 30th Street | 86K SF | 17 | 1928 | $7.56 |
Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area). Large means at least 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-02. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.
NYC storefront registry (Local Law 157)
Owners registered one storefront at 350 West 31st Street for December 31, 2024, the newest annual filing the city has published, and it stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2021.
Own or lease out a storefront at 350 West 31st Street? Listing it is free, and it is matched against every active requirement for retail space in Hudson Yards the day it goes up.
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-02. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2024 filing was due June 3, 2025, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.
NYC Department of Finance records
The Department of Finance lists APWU LOCAL 10 BLDG CORP as the owner of record. For tax year 2026/27 the city values 350 West 31st Street at $8.18 million and assesses it at $3.68 million. After phase-ins and exemptions its taxable value is $3.61 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $391,260 a year before abatements, roughly $6.19 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-02; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.
NYC Department of Buildings permits
The Department of Buildings issued no permits for new jobs at 350 West 31st Street in the 12 months to September 2026; the last one was first permitted in October 2024. In the last two years, interior work was permitted on the cellar. The newest build-out, on the cellar and the open space, was first permitted in October 2024 (construction, boiler; filed cost estimate $125,000).
Build-outs across Hudson YardsWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-02 (permits issued through 2026-09-30). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
Nothing is listed nearby yet. The labeled examples below show how a space appears; they are not on the market.
No live requirements for office space in Hudson Yards yet. These labeled examples show what tenants post. List a space in 350 West 31st Street and we match it against every new one automatically.
Posted by a tenant rep broker · Finance
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350 West 31st Street has about 63,000 square feet of floor area in total, including 55,000 square feet of office and 8,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
City records list 1924 as the year built, with a major alteration recorded in 1989. The building is 8 floors tall.
City records list 350-356 West 31st Street on the same tax lot (BBL 1007540068) as 350 West 31st Street. A space listed on Leasemark at any of these addresses shows up on this page.
350 West 31st Street is in ZIP code 10001, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 350 West 31st Street, New York, NY 10001, in Hudson Yards.
The lot is in the C6-3X zoning district. PLUTO lists a built floor area ratio (FAR) of 8 and a maximum commercial FAR of 6 for this lot.
The closest subway station to 350 West 31st Street is 34 St-Penn Station (the A, C and E trains), about 0.2 miles away in a straight line, roughly 4 minutes on foot. The MTA lists it as an accessible station. Also nearby: 34 St-Penn Station (the 1, 2 and 3 trains), 6 min walk; 28 St (the 1 train), 6 min walk. Walking times are straight-line estimates; the street route is longer.
The NYC Department of Finance's 2026/27 assessment roll lists APWU LOCAL 10 BLDG CORP as the owner of record of 350 West 31st Street (BBL 1007540068). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
The Department of Buildings issued no permits for new jobs at 350 West 31st Street in the 12 months to September 2026; the last one was first permitted in October 2024. In the last two years, interior work was permitted on the cellar. The newest build-out, on the cellar and the open space, was first permitted in October 2024 (construction, boiler; filed cost estimate $125,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1007540068. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
The Department of Finance's 2026/27 assessment roll lists a taxable value of $3.61 million for 350 West 31st Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $391,260 a year, roughly $6.19 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1007540068 show the actual bill.
For tax year 2026/27, the NYC Department of Finance puts the market value of 350 West 31st Street at $8.18 million ($1.58 million of it land) and its assessed value at $3.68 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 13% from 2022/23 ($9.42 million) to 2026/27.
Owners registered one storefront at 350 West 31st Street for December 31, 2024, the newest annual filing the city has published, and it stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2021. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2024 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.
No space at 350 West 31st Street is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.
1,677 buildings from city records
Size, owner of record and property tax, plus the last sale and energy grade where the city has them, for every large office, retail and industrial building we track. Type any address on the lot (like 350 Fifth Avenue), a building name, a street or a neighborhood.