Commercial condominium · Midtown South, Manhattan
355 Fifth Avenue
New York, NY 10016
355 Fifth Avenue is a 13-floor commercial condominium in Midtown South, Manhattan, built in 1913, with about 118,000 square feet of office space according to city records.
Also at 19 East 34th Street, 16 East 35th Street, 365 Fifth Avenue, 188 Madison Avenue and 1 more.
- Office space
- 118K SF
- Floors
- 13
- Year built
- 1913
- Zoning
- C5-2
The 61st largest of the 184 office buildings we track in Midtown South. Compare it with 6 neighbors
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Compared with its neighbors
How 355 Fifth Avenue compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 355 Fifth Avenue ranks 4th of 7 by office floor area. It went up in 1913; the median neighbor dates from 1918. Its estimated property tax, about $3.80 a square foot of floor area before abatements, is below the neighbors' median of $13.73.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 355 Fifth Avenue | 118K SF | 13 | 1913 | $3.80 | n/a |
| 349 Fifth Avenue | 41K SF | 8 | 1904 | $17.24 | Dec 2009, $18.6M |
| 200 Madison Avenue | 564K SF | 26 | 1926 | $13.82 | n/a |
| 178 Madison Avenue | 218K SF | 24 | 1927 | $22.04 | Jul 2008, $146M |
| 15 East 33rd Street | 327K SF | 21 | 1925 | $10.74 | n/a |
| 341 Fifth Avenue | 97K SF | 16 | 1907 | $13.65 | n/a |
| 185 Madison Avenue | 75K SF | 16 | 1911 | $11.46 | n/a |
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); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 19 East 34th Street; 16 East 35th Street; 365 Fifth Avenue; 188 Madison Avenue; 198 Madison Avenue
- ZIP code
- 10016
- Building type
- Commercial condominium (city class RC)
- Total floor area
- 885,162 SF
- Commercial floor area
- 885,162 SF
- Office
- 118,267 SF
- Height
- 13 floors
- Year built
- 1913
- Lot area
- 82,950 SF
- Zoning district
- C5-2
- Built FAR
- 10.67
- Max commercial FAR
- 10
- Landmark status
- Individual landmark
- Tax lot (BBL)
- 1008647502
Nearest subway
- 33 St
- 34 St-Herald Sq
- 28 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. 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 Department of Finance records
Owner, property tax and assessed value
355 Fifth Avenue is a condominium of 6 tax lots. DORMITORY AUTHORITYOF THE STATE OF NEW Y ORK (the Dormitory Authority of the State of New York), one of 4 owners of record on the roll, owns the units that make up 56% of its market value. For tax year 2026/27 the city values 355 Fifth Avenue at $267.8 million and assesses it at $120.5 million. After phase-ins and exemptions its taxable value is $31 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 $3.37 million a year before abatements, roughly $3.80 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.
- Largest unit owner
- DORMITORY AUTHORITYOF THE STATE OF NEW Y ORK (56% of market value)
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $267,761,350
- Land market value
- $37,844,000
- Assessed value
- $120,492,608
- Taxable value (phased in)
- $118,211,158
- Exemptions
- $87,172,172
- Estimated yearly tax
- About $3.37 million
- Tax per SF of floor area
- About $3.80
- Condominium tax lots
- 6
- Owners of record
- 4
City market value by tax year
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How to find who owns any NYC buildingSource: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll, summed over 6 condominium tax lots; owner names as the roll records them, which cuts some long names short), pulled 2026-10-16; 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.
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NYC energy benchmarking (Local Law 84)
Energy use and emissions
355 Fifth Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 78.3 kBtu per square foot, about the same as the national median of 76.4 for a similar property. Its greenhouse gas emissions were about 6,558 metric tons of CO2e (7.95 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- College/University
- Site energy use intensity
- 78.3 kBtu/SF
- National median for the type
- 76.4 kBtu/SF
- Greenhouse gas emissions
- 6,558 t CO2e
- Emissions per SF
- 7.95 kg CO2e
- Floor area in the filing
- 885,162 SF
Energy sources in 2024
Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-16; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.
NYC Department of Buildings permits
Work permits and build-outs
In the 12 months to October 2026, the Department of Buildings issued first permits for 2 jobs at 355 Fifth Avenue. In the last two years, interior work was permitted on 6 floors (floors 8 to 13). The newest build-out, on floors 9 to 11 and 13, was first permitted in December 2025 (construction; filed cost estimate $174,000).
- New jobs, last 12 months
- 2
- Initial permits, last 12 months
- 2
- Newest job first permitted
- December 2025
- Interior build-outs, last 24 months
- 3
- Floors with interior work, last 24 months
- 8 to 13
Recent build-outs
New jobs by year
Build-outs across Midtown SouthWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). 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.
Landmarks Preservation Commission records
Architecture and history
The Landmarks Preservation Commission designated B. Altman & Co. Department Store, on this tax lot, a New York City landmark on March 12, 1985.
- Landmark on this lot
- B. Altman & Co. Department Store: individual landmark, designated March 12, 1985 (LP-01274)
Source: NYC Landmarks Preservation Commission, Individual Landmark Sites on NYC Open Data, pulled 2026-10-16. A designation can cover part of a lot, such as a facade or a lobby interior.
No office space listed in Midtown South yet
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Before you sign
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Questions about 355 Fifth Avenue
How big is 355 Fifth Avenue?
355 Fifth Avenue has about 885,000 square feet of floor area in total, including 118,000 square feet of office, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 355 Fifth Avenue built?
City records list 1913 as the year built. The building is 13 floors tall.
Is 355 Fifth Avenue a New York City landmark?
The tax lot at 355 Fifth Avenue includes B. Altman & Co. Department Store, an individual landmark designated March 12, 1985 (LP-01274). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Landmarks Preservation Commission.
What other addresses does 355 Fifth Avenue have?
City records list 19 East 34th Street, 16 East 35th Street, 365 Fifth Avenue, 188 Madison Avenue and 198 Madison Avenue on the same tax lot (BBL 1008647502) as 355 Fifth Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 355 Fifth Avenue?
355 Fifth Avenue is in ZIP code 10016, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 355 Fifth Avenue, New York, NY 10016, in Midtown South.
What is the zoning at 355 Fifth Avenue?
The lot is in the C5-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 10.67 and a maximum commercial FAR of 10 for this lot.
What subway station is closest to 355 Fifth Avenue?
The closest subway station to 355 Fifth Avenue is 33 St (the 6 train), about 950 feet away in a straight line, roughly 4 minutes on foot. Also nearby: 34 St-Herald Sq (the B, D, F, M, N, Q, R and W trains), 5 min walk; 28 St (the R and W trains), 7 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 355 Fifth Avenue?
355 Fifth Avenue is a condominium of 6 tax lots. DORMITORY AUTHORITYOF THE STATE OF NEW Y ORK (the Dormitory Authority of the State of New York), one of 4 owners of record on the roll, owns the units that make up 56% of its market value. That is from the NYC Department of Finance's 2026/27 assessment roll (BBL 1008647502). Deeds and mortgages for each unit are public in ACRIS, the city's property records system.
Does 355 Fifth Avenue have an energy grade?
355 Fifth Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 78.3 kBtu per square foot, about the same as the national median of 76.4 for a similar property. Its greenhouse gas emissions were about 6,558 metric tons of CO2e (7.95 kg per square foot).
Is there construction at 355 Fifth Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 2 jobs at 355 Fifth Avenue. In the last two years, interior work was permitted on 6 floors (floors 8 to 13). The newest build-out, on floors 9 to 11 and 13, was first permitted in December 2025 (construction; filed cost estimate $174,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008647502. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
What are the property taxes at 355 Fifth Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $31 million for 355 Fifth Avenue (the sum of its 6 condominium tax lots). At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $3.37 million a year, roughly $3.80 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008647502 show the actual bill.
What is the assessed value of 355 Fifth Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 355 Fifth Avenue at $267.8 million ($37.8 million of it land) and its assessed value at $120.5 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 13% from 2022/23 ($238 million) to 2026/27.
Is there office space for lease at 355 Fifth Avenue?
No space at 355 Fifth Avenue 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.
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Midtown South
Transit hubs in Midtown South
- R W at 28 St
- 6 at 28 St
- F M at 23 St