Office building · Midtown, Manhattan
Lever House
390 Park Avenue, New York, NY 10022
Lever House (390 Park Avenue) is a 22-floor office building in Midtown, Manhattan, built in 1952, with about 239,000 square feet of office space according to city records.
Also at 51-67 East 53rd Street, 62-80 East 54th Street and 380-398 Park Avenue.
- Office space
- 239K SF
- Floors
- 22
- Year built
- 1952
- Zoning
- C5-3
The 151st largest of the 351 office buildings we track in Midtown. Compare it with 6 neighbors
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Compared with its neighbors
How Lever House compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, Lever House ranks 3rd of 7 by office floor area. It went up in 1952; the median neighbor dates from 1968. Its estimated property tax, about $41.13 a square foot of floor area before abatements, is above the neighbors' median of $25.93.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| Lever House, 390 Park Avenue | 239K SF | 22 | 1952 | $41.13 | n/a |
| 43 East 53rd Street | 113K SF | 20 | 1990 | $29.06 | Jul 2022, $103M |
| 400 Park Avenue | 147K SF | 21 | 1957 | $28.30 | n/a |
| 59 East 54th Street | 40K SF | 9 | 1923 | $8.67 | n/a |
| DuMont Building, 515 Madison Avenue | 323K SF | 42 | 1931 | $11.13 | n/a |
| 527 Madison Avenue | 183K SF | 25 | 1985 | $26.75 | Sep 2008, $225M |
| 57 East 52nd Street | 1.0M SF | 40 | 1980 | $25.11 | 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
- Building name
- Lever House
- Other addresses
- 51-67 East 53rd Street; 62-80 East 54th Street; 380-398 Park Avenue
- ZIP code
- 10022
- Building type
- Office building (city class O4)
- Total floor area
- 262,945 SF
- Commercial floor area
- 262,945 SF
- Office
- 238,776 SF
- Retail
- 4,500 SF
- Industrial and storage
- 640 SF
- Height
- 22 floors
- Average floor
- About 12,000 SF (floor area divided by floors)
- Year built
- 1952
- Last major alteration
- 2021
- Lot area
- 34,844 SF
- Zoning district
- C5-3
- Built FAR
- 7.55
- Max commercial FAR
- 15
- Landmark status
- Individual landmark
- Tax lot (BBL)
- 1012890036
Nearest subway
- 5 Av/53 St
- 51 St
- 59 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; building name from the NYC Landmarks Preservation Commission (below); 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 one storefront at Lever House for December 31, 2025, the newest annual filing the city has published, and it was not vacant that day.
- Storefronts registered for December 31, 2025
- 1
- Vacant that day
- 0
- Share vacant across Midtown
- 14.3%
- Share vacant along Park Avenue
- 11.5%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Need a storefront in Midtown? Get matchedNYC storefront vacancy report
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 390 TOWER ASSOCIATES, LLC as the owner of record. For tax year 2026/27 the city values Lever House at $221.5 million and assesses it at $99.7 million. After phase-ins and exemptions its taxable value is $99.7 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 $10.8 million a year before abatements, roughly $41.13 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
- 390 TOWER ASSOCIATES, LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $221,541,000
- Land market value
- $30,300,000
- Assessed value
- $99,693,450
- Estimated yearly tax
- About $10.8 million
- Tax per SF of floor area
- About $41.13
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.
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SEC filings (EDGAR)
Companies with offices here
One investment manager gives 390 Park Avenue as its office address in SEC filings.
Investment manager
Source: U.S. Securities and Exchange Commission, EDGAR, Financial Statement Data Sets (2025 Q4 to 2026 Q3) and Form 13F Data Sets (through August 2026), pulled 2026-10-24; names as filed. The address is the one each company reports to the SEC. This is not a tenant roster: private companies and most smaller firms do not file with the SEC, a company can report a building it owns, and an address can trail a move by a quarter. Care-of addresses, blank check companies and asset-backed issuers are left out.
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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 9 jobs at Lever House. In the last two years, interior work was permitted on 15 floors (floors 4 to 10 and 14 to 21). The newest build-out, on floors 19 to 21, was first permitted in June 2026 (construction, mechanical, plumbing, sprinklers, structural; filed cost estimate $11 million).
- New jobs, last 12 months
- 9
- Initial permits, last 12 months
- 16
- Newest job first permitted
- July 2026
- Interior build-outs, last 24 months
- 8
- Floors with interior work, last 24 months
- 4 to 10 and 14 to 21
Recent build-outs
New jobs by year
Build-outs across MidtownWhere 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
Lever House was designed by Skidmore, Owings & Merrill (Gordon Bunshaft) and built in 1950-1952 in the International Style. The Landmarks Preservation Commission designated it a New York City landmark on November 9, 1982.
- Architect
- Skidmore, Owings & Merrill (Gordon Bunshaft)
- Constructed
- 1950-1952
- Style
- International Style
- Primary material
- Steel frame
- Built as
- Office building
- City landmark
- Lever House: individual landmark, designated November 9, 1982 (LP-01277)
Source: NYC Landmarks Preservation Commission, Individual Landmark Sites and Individual Landmark and Historic District Building Database on NYC Open Data, pulled 2026-10-16. A designation can cover part of a lot, such as a facade or a lobby interior.
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Next door, in the Upper East Side
783 Madison 4th Floor
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Questions about Lever House
How big is Lever House?
Lever House has about 263,000 square feet of floor area in total, including 239,000 square feet of office, 5,000 square feet of retail and 1,000 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was Lever House built?
The Landmarks Preservation Commission's building records date Lever House to 1950-1952, designed by Skidmore, Owings & Merrill (Gordon Bunshaft). The building is 22 floors tall.
Who designed Lever House?
Skidmore, Owings & Merrill (Gordon Bunshaft), according to the Landmarks Preservation Commission's building records, which list the style as International Style and its original use as an office building.
Is Lever House a New York City landmark?
Yes. The Landmarks Preservation Commission designated Lever House an individual landmark on November 9, 1982 (LP-01277). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Commission.
What is the address of Lever House?
Lever House is at 390 Park Avenue in Midtown, Manhattan. City records list 51-67 East 53rd Street, 62-80 East 54th Street and 380-398 Park Avenue on the same tax lot (BBL 1012890036). A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 390 Park Avenue?
390 Park Avenue is in ZIP code 10022, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. Lever House is at 390 Park Avenue, New York, NY 10022, in Midtown.
What is the zoning at Lever House?
The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 7.55 and a maximum commercial FAR of 15 for this lot.
What subway station is closest to Lever House?
The closest subway station to Lever House is 5 Av/53 St (the E and F trains), about 700 feet away in a straight line, roughly 3 minutes on foot. Also nearby: 51 St (the 6, E and F trains, connected to Lexington Av/53 St), 4 min walk; 59 St (the 4, 5, 6, N, R and W trains, connected to Lexington Av/59 St), 7 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns Lever House?
The NYC Department of Finance's 2026/27 assessment roll lists 390 TOWER ASSOCIATES, LLC as the owner of record of Lever House (BBL 1012890036). 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.
Who are the tenants at Lever House?
Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at Lever House. One investment manager files 13F holdings reports from the address: Greenland Capital Management LP. Private companies do not file with the SEC, so the full list of tenants is longer, and a company can also report a building it owns.
Is there construction at Lever House?
In the 12 months to October 2026, the Department of Buildings issued first permits for 9 jobs at Lever House. In the last two years, interior work was permitted on 15 floors (floors 4 to 10 and 14 to 21). The newest build-out, on floors 19 to 21, was first permitted in June 2026 (construction, mechanical, plumbing, sprinklers, structural; filed cost estimate $11 million). These are the Department of Buildings' DOB NOW work permits for tax lot 1012890036. 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 Lever House?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $99.7 million for Lever House. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $10.8 million a year, roughly $41.13 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012890036 show the actual bill.
What is the assessed value of Lever House?
For tax year 2026/27, the NYC Department of Finance puts the market value of Lever House at $221.5 million ($30.3 million of it land) and its assessed value at $99.7 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 38% from 2022/23 ($160.4 million) to 2026/27.
Are there vacant storefronts at Lever House?
Owners registered one storefront at Lever House for December 31, 2025, the newest annual filing the city has published, and it was not vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.
Is there office space for lease at Lever House?
No space at 390 Park Avenue is listed on Leasemark right now. Nearby on Leasemark: office space for lease at 783 Madison 4th Floor in the Upper East Side (994 SF, $66.40/SF/yr). 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
Transit hubs in Midtown
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