Office condominium · Hell's Kitchen, Manhattan
362 West 54th Street
New York, NY 10019
362 West 54th Street is an office condominium in Hell's Kitchen, Manhattan, with about 45,000 square feet of office space according to city records.
- Office space
- 45K SF
- Floors
- n/a
- Year built
- n/a
- Lot area
- 0 SF
The 16th largest of the 18 office buildings we track in Hell's Kitchen. Compare it with 6 neighbors
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Compared with its neighbors
How 362 West 54th Street compares
Next to the 6 nearest large office buildings, all within a 4 minute walk, 362 West 54th Street ranks 5th of 7 by office floor area. Its estimated property tax, about $10.09 a square foot of floor area before abatements, is below the neighbors' median of $14.35.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 362 West 54th Street | 45K SF | n/a | n/a | $10.09 | n/a |
| 354 West 54th Street | 197K SF | 5 | 1997 | Exempt | n/a |
| 355 West 52nd Street | 44K SF | 8 | 1910 | $14.92 | Jun 2022, $47.4M |
| 333 West 52nd Street | 80K SF | 14 | 1928 | $8.08 | n/a |
| 429 West 53rd Street | 38K SF | 6 | 1910 | $14.35 | Apr 2007, $15M |
| 423 West 55th Street | 245K SF | 12 | 1915 | $10.53 | n/a |
| 250 West 55th Street | 820K SF | 40 | 2008 | $31.55 | 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
- ZIP code
- 10019
- Building type
- Office condominium (city class RB)
- Total floor area
- 44,913 SF
- Commercial floor area
- 44,913 SF
- Office
- 44,913 SF
- Lot area
- 0 SF
- Built FAR
- 0
- Tax lot (BBL)
- 1010441304
Nearest subway
- 50 St
- 50 St
- 59 St-Columbus Circle
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. 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
The Department of Finance lists HOUSING WORKS LIRIO HOUSING DEVELOPMENT FUND CORPO as the owner of record. For tax year 2026/27 the city values 362 West 54th Street at $9.29 million and assesses it at $4.18 million. After phase-ins and exemptions its taxable value is $4.18 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 $453,292 a year before abatements, roughly $10.09 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
- HOUSING WORKS LIRIO HOUSING DEVELOPMENT FUND CORPO
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $9,285,722
- Land market value
- $1,456,591
- Assessed value
- $4,178,575
- Estimated yearly tax
- About $453,292
- Tax per SF of floor area
- About $10.09
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 2026-10-08; 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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Questions about 362 West 54th Street
How big is 362 West 54th Street?
362 West 54th Street has about 45,000 square feet of floor area in total, including 45,000 square feet of office, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
What is the ZIP code of 362 West 54th Street?
362 West 54th Street is in ZIP code 10019, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 362 West 54th Street, New York, NY 10019, in Hell's Kitchen.
What subway station is closest to 362 West 54th Street?
The closest subway station to 362 West 54th Street is 50 St (the C and E trains), about 0.2 miles away in a straight line, roughly 4 minutes on foot. The MTA lists it as partly accessible. Also nearby: 50 St (the 1 train), 6 min walk; 59 St-Columbus Circle (the 1, A, B, C and D trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 362 West 54th Street?
The NYC Department of Finance's 2026/27 assessment roll lists HOUSING WORKS LIRIO HOUSING DEVELOPMENT FUND CORPO as the owner of record of 362 West 54th Street (BBL 1010441304). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
What are the property taxes at 362 West 54th Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $4.18 million for 362 West 54th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $453,292 a year, roughly $10.09 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1010441304 show the actual bill.
What is the assessed value of 362 West 54th Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 362 West 54th Street at $9.29 million ($1.46 million of it land) and its assessed value at $4.18 million, the 45% of market value the city assesses for Class 4 property.
Is there office space for lease at 362 West 54th Street?
No space at 362 West 54th 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.
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Hell's Kitchen
Transit hubs in Hell's Kitchen
- C E at 50 St
- 1 at 50 St
- A C E at 42 St-Port Authority