Office building · Murray Hill, Manhattan
355 Lexington Avenue
New York, NY
355 Lexington Avenue is a 22-floor office building in Murray Hill, Manhattan, built in 1958, with about 209,000 square feet of office space according to city records.
Also at 133-139 East 40th Street and 355-361 Lexington Avenue.
- Office space
- 209K SF
- Floors
- 22
- Year built
- 1958
- Zoning
- C5-3
The 13th largest of the 27 office buildings we track in Murray Hill. Compare it with 6 neighbors
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Compared with its neighbors
How 355 Lexington Avenue compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 355 Lexington Avenue ranks 4th of 7 by office floor area. It went up in 1958; the median neighbor dates from 1933. Its estimated property tax, about $11.76 a square foot of floor area before abatements, is below the neighbors' median of $14.54.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 355 Lexington Avenue | 209K SF | 22 | 1958 | $11.76 | n/a |
| 363 Lexington Avenue | 109K SF | 27 | 1937 | $21.79 | Mar 2004, $46M |
| 349 Lexington Avenue | 66K SF | 15 | 1925 | $12.43 | n/a |
| 622 Third Avenue | 960K SF | 41 | 1974 | $14.16 | n/a |
| 354 Lexington Avenue | 226K SF | 24 | 1959 | $14.93 | Nov 2024, $65.5M |
| 348 Lexington Avenue | 44K SF | 11 | 1923 | $11.69 | n/a |
| 364 Lexington Avenue | 233K SF | 26 | 1930 | $17.46 | Dec 2018, $190M |
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
- 133-139 East 40th Street; 355-361 Lexington Avenue
- ZIP code
- 10016 (PLUTO); 10017 (Finance roll)
- Building type
- Office building (city class O4)
- Total floor area
- 225,000 SF
- Commercial floor area
- 225,000 SF
- Office
- 209,000 SF
- Retail
- 16,000 SF
- Height
- 22 floors
- Average floor
- About 10,200 SF (floor area divided by floors)
- Year built
- 1958
- Lot area
- 14,044 SF
- Zoning district
- C5-3
- Built FAR
- 16.02
- Max commercial FAR
- 15
- Tax lot (BBL)
- 1012950023
Nearest subway
- Grand Central-42 St
- 5 Av
- 33 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 storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered 2 storefronts at 355 Lexington Avenue for December 31, 2025, the newest annual filing the city has published, and 1 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2022.
- Storefronts registered for December 31, 2025
- 2
- Vacant that day
- 1
- Share vacant across Murray Hill
- 15.5%
- Share vacant along Lexington Avenue
- 11.2%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Own or lease out a storefront at 355 Lexington Avenue? Listing it is free, and it is matched against every active requirement for retail space in Murray Hill the day it goes up.
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. 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 2025 filing was due June 1, 2026, 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
Owner, property tax and assessed value
The Department of Finance lists 355 LEXINGTON LLC as the owner of record. For tax year 2026/27 the city values 355 Lexington Avenue at $59.9 million and assesses it at $27 million. After phase-ins and exemptions its taxable value is $24.4 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 $2.65 million a year before abatements, roughly $11.76 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.
- Owner of record
- 355 LEXINGTON LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $59,904,000
- Land market value
- $16,200,000
- Assessed value
- $26,956,800
- Taxable value (phased in)
- $24,394,770
- Estimated yearly tax
- About $2.65 million
- Tax per SF of floor area
- About $11.76
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; 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.
Own or manage 355 Lexington Avenue? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
355 Lexington Avenue reported an ENERGY STAR score of 88 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns an A (85 or higher). Its site energy use came to 37.7 kBtu per square foot, 49% below the national median of 73.8 for a similar property. Its greenhouse gas emissions were about 984 metric tons of CO2e (3.88 kg per square foot).
- ENERGY STAR score (2024)
- 88 of 100
- Grade this score earns (Local Law 33)
- A (85 or higher)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 37.7 kBtu/SF
- National median for the type
- 73.8 kBtu/SF
- Greenhouse gas emissions
- 984 t CO2e
- Emissions per SF
- 3.88 kg CO2e
- Floor area in the filing
- 253,733 SF
- ENERGY STAR certified
- 2015, 2016, 2018, 2019, 2021
ENERGY STAR score by year
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. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.
Local Law 97 of 2019, estimated
Local Law 97 emissions limit
At its 2024 energy use, 355 Lexington Avenue comes to about 714 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,942 tons for 2024 to 2029 (37% of the limit), so it would owe no penalty. From 2030 the limit drops to 700 tons and the same energy use counts as about 408 tons, still under the limit.
- Period
- 2024 to 2029
- Emissions limit
- 1,942 t CO2e
- Estimated emissions
- 714 t CO2e
- Under the limit by
- 1,227 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 700 t CO2e
- Estimated emissions
- 408 t CO2e
- Under the limit by
- 292 t CO2e
- Estimated penalty a year
- None
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 225,795 SF; Financial Office 21,078 SF; Retail Store 6,860 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.
Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.
How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.
Own or manage 355 Lexington Avenue? List a space here free and we match it against every active requirement.
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 13 jobs at 355 Lexington Avenue. In the last two years, interior work was permitted on 26 floors (floors 1 to 26, the cellar, the mezzanine and the sub-cellar). The newest build-out, on floors 1 to 26, was first permitted in September 2026 (structural; filed cost estimate $20,000). A sidewalk shed permit here is active until March 16, 2027.
- New jobs, last 12 months
- 13
- Initial permits, last 12 months
- 28
- Newest job first permitted
- September 2026
- Interior build-outs, last 24 months
- 4
- Floors with interior work, last 24 months
- 1 to 26, cellar, mezzanine, sub-cellar
- Facade and sidewalk jobs, last 24 months
- 6
- Sidewalk shed permit
- Active until Mar 16, 2027
Recent build-outs
New jobs by year
Build-outs across Murray HillWhere 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.
No office space listed in Murray Hill yet
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Questions about 355 Lexington Avenue
How big is 355 Lexington Avenue?
355 Lexington Avenue has about 225,000 square feet of floor area in total, including 209,000 square feet of office and 16,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 355 Lexington Avenue built?
City records list 1958 as the year built. The building is 22 floors tall.
What other addresses does 355 Lexington Avenue have?
City records list 133-139 East 40th Street and 355-361 Lexington Avenue on the same tax lot (BBL 1012950023) as 355 Lexington Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 355 Lexington Avenue?
City records give two ZIP codes for this tax lot: 10016 in NYC PLUTO 26v2 and 10017 on the Department of Finance's assessment roll. Some large New York buildings have a ZIP code of their own beside the area's, so check with the building's management which one it uses before you rely on either.
What is the zoning at 355 Lexington Avenue?
The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 16.02 and a maximum commercial FAR of 15 for this lot.
What subway station is closest to 355 Lexington Avenue?
The closest subway station to 355 Lexington Avenue is Grand Central-42 St (the 4, 5, 6, 7 and S trains), about 500 feet away in a straight line, roughly 2 minutes on foot. The MTA lists it as an accessible station. Also nearby: 5 Av (the 7, B, D, F and M trains, connected to 42 St-Bryant Pk), 8 min walk; 33 St (the 6 train), 8 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 355 Lexington Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists 355 LEXINGTON LLC as the owner of record of 355 Lexington Avenue (BBL 1012950023). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
What is the energy grade of 355 Lexington Avenue?
355 Lexington Avenue reported an ENERGY STAR score of 88 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 88 earns an A. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 37.7 kBtu per square foot, 49% below the national median of 73.8 for a similar property. Its greenhouse gas emissions were about 984 metric tons of CO2e (3.88 kg per square foot).
Does 355 Lexington Avenue meet Local Law 97?
At its 2024 energy use, 355 Lexington Avenue comes to about 714 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,942 tons for 2024 to 2029 (37% of the limit), so it would owe no penalty. From 2030 the limit drops to 700 tons and the same energy use counts as about 408 tons, still under the limit. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.
Is there construction at 355 Lexington Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 13 jobs at 355 Lexington Avenue. In the last two years, interior work was permitted on 26 floors (floors 1 to 26, the cellar, the mezzanine and the sub-cellar). The newest build-out, on floors 1 to 26, was first permitted in September 2026 (structural; filed cost estimate $20,000). A sidewalk shed permit here is active until March 16, 2027. These are the Department of Buildings' DOB NOW work permits for tax lot 1012950023. 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 Lexington Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $24.4 million for 355 Lexington Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $2.65 million a year, roughly $11.76 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012950023 show the actual bill.
What is the assessed value of 355 Lexington Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 355 Lexington Avenue at $59.9 million ($16.2 million of it land) and its assessed value at $27 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 20% from 2022/23 ($49.8 million) to 2026/27.
Are there vacant storefronts at 355 Lexington Avenue?
Owners registered 2 storefronts at 355 Lexington Avenue for December 31, 2025, the newest annual filing the city has published, and 1 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2022. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2025 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.
Is there office space for lease at 355 Lexington Avenue?
No space at 355 Lexington 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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Murray Hill
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