Office building with commercial space · Meatpacking, Manhattan
40 Tenth Avenue
New York, NY 10014
40 Tenth Avenue is a 12-floor office building with commercial space in the Meatpacking District, Manhattan, built in 2017, with about 101,000 square feet of office space according to city records.
Also at 40-56 Tenth Avenue, 449-455 West 13th Street and 458-460 West 14th Street.
- Office space
- 101K SF
- Floors
- 12
- Year built
- 2017
- Zoning
- M1-5
The 12th largest of the 23 office buildings we track in the Meatpacking District. Compare it with 6 neighbors
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Compared with its neighbors
How 40 Tenth Avenue compares
Next to the 6 nearest large office buildings, all within a 2 minute walk, 40 Tenth Avenue ranks 3rd of 7 by office floor area. Built in 2017, it is the newest of them. Its estimated property tax, about $34.26 a square foot of floor area before abatements, is above the neighbors' median of $24.41.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 40 Tenth Avenue | 101K SF | 12 | 2017 | $34.26 | n/a |
| 450 West 14th Street | 93K SF | 15 | 1934 | $18.47 | n/a |
| 860 Washington Street | 90K SF | 10 | 2016 | $24.54 | Dec 2020, $80M |
| 428 West 14th Street | 43K SF | 5 | 1887 | $30.00 | Apr 2019, $130M |
| 444 West 15th Street | 155K SF | 8 | 1936 | $21.45 | May 2019, $592M |
| 418 West 14th Street | 39K SF | 6 | 1900 | $27.96 | Nov 2013, $94M |
| 422 West 15th Street | 111K SF | 7 | 1950 | $24.27 | 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
- 40-56 Tenth Avenue; 449-455 West 13th Street; 458-460 West 14th Street
- ZIP code
- 10014
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 131,297 SF
- Commercial floor area
- 131,297 SF
- Office
- 100,809 SF
- Retail
- 30,488 SF
- Height
- 12 floors
- Average floor
- About 10,900 SF (floor area divided by floors)
- Year built
- 2017
- Lot area
- 23,541 SF
- Zoning district
- M1-5
- Built FAR
- 5.58
- Max commercial FAR
- 5
- Tax lot (BBL)
- 1006460001
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
The Department of Finance lists 40-56 TENTH OWNER LLC as the owner of record. For tax year 2026/27 the city values 40 Tenth Avenue at $100 million and assesses it at $45 million. After phase-ins and exemptions its taxable value is $41.5 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 $4.5 million a year before abatements, roughly $34.26 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
- 40-56 TENTH OWNER LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $100,018,000
- Land market value
- $2,744,000
- Assessed value
- $45,008,100
- Taxable value (phased in)
- $41,462,610
- Estimated yearly tax
- About $4.5 million
- Tax per SF of floor area
- About $34.26
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 40 Tenth 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 energy benchmarking (Local Law 84)
Energy use and emissions
40 Tenth Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (too much of the floor area is classed as other uses), 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 139.4 kBtu per square foot, 2.8 times the national median of 50.2 for a similar property. Its greenhouse gas emissions were about 1,985 metric tons of CO2e (13.67 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 139.4 kBtu/SF
- National median for the type
- 50.2 kBtu/SF
- Greenhouse gas emissions
- 1,985 t CO2e
- Emissions per SF
- 13.67 kg CO2e
- Floor area in the filing
- 145,162 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.
Local Law 97 of 2019, estimated
Local Law 97 emissions limit
At its 2024 energy use, 40 Tenth Avenue comes to about 1,538 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,741 tons for 2024 to 2029 (88% of the limit), so it would owe no penalty. From 2030 the limit drops to 620 tons and the same energy use counts as about 919 tons, about 299 tons over, or an estimated $80,000 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 1,741 t CO2e
- Estimated emissions
- 1,538 t CO2e
- Under the limit by
- 203 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 620 t CO2e
- Estimated emissions
- 919 t CO2e
- Over the limit by
- 299 t CO2e
- Estimated penalty a year
- $80,000
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 105,678 SF; Other - Restaurant/Bar 39,484 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 40 Tenth 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 2 jobs at 40 Tenth Avenue. In the last two years, interior work was permitted on the ground floor. The newest build-out, on the ground floor, was first permitted in January 2026 (construction; filed cost estimate $5,000).
- New jobs, last 12 months
- 2
- Initial permits, last 12 months
- 2
- Newest job first permitted
- January 2026
- Interior build-outs, last 24 months
- 1
- Floors with interior work, last 24 months
- Ground floor
- Facade and sidewalk jobs, last 24 months
- 1
Recent build-outs
New jobs by year
Build-outs across the Meatpacking DistrictWhere 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 the Meatpacking District yet
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Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
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Questions about 40 Tenth Avenue
How big is 40 Tenth Avenue?
40 Tenth Avenue has about 131,000 square feet of floor area in total, including 101,000 square feet of office and 30,000 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 40 Tenth Avenue built?
City records list 2017 as the year built. The building is 12 floors tall.
What other addresses does 40 Tenth Avenue have?
City records list 40-56 Tenth Avenue, 449-455 West 13th Street and 458-460 West 14th Street on the same tax lot (BBL 1006460001) as 40 Tenth Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 40 Tenth Avenue?
40 Tenth Avenue is in ZIP code 10014, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 40 Tenth Avenue, New York, NY 10014, in the Meatpacking District.
What is the zoning at 40 Tenth Avenue?
The lot is in the M1-5 zoning district. PLUTO lists a built floor area ratio (FAR) of 5.58 and a maximum commercial FAR of 5 for this lot.
What subway station is closest to 40 Tenth Avenue?
The closest subway station to 40 Tenth Avenue is 8 Av (the L, A, C and E trains, connected to 14 St), about 0.3 miles away in a straight line, roughly 6 minutes on foot. The MTA lists it as an accessible station. Also nearby: 14 St (the 1, 2, 3, F, M and L trains, connected to 6 Av), 10 min walk; 18 St (the 1 train), 11 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 40 Tenth Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists 40-56 TENTH OWNER LLC as the owner of record of 40 Tenth Avenue (BBL 1006460001). 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 40 Tenth Avenue?
Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 40 Tenth Avenue. One investment manager files 13F holdings reports from the address: RTW INVESTMENTS, 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.
Does 40 Tenth Avenue have an energy grade?
40 Tenth Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (too much of the floor area is classed as other uses), 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 139.4 kBtu per square foot, 2.8 times the national median of 50.2 for a similar property. Its greenhouse gas emissions were about 1,985 metric tons of CO2e (13.67 kg per square foot).
Does 40 Tenth Avenue meet Local Law 97?
At its 2024 energy use, 40 Tenth Avenue comes to about 1,538 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,741 tons for 2024 to 2029 (88% of the limit), so it would owe no penalty. From 2030 the limit drops to 620 tons and the same energy use counts as about 919 tons, about 299 tons over, or an estimated $80,000 a year unless the building cuts its emissions. 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 40 Tenth Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 2 jobs at 40 Tenth Avenue. In the last two years, interior work was permitted on the ground floor. The newest build-out, on the ground floor, was first permitted in January 2026 (construction; filed cost estimate $5,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1006460001. 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 40 Tenth Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $41.5 million for 40 Tenth Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $4.5 million a year, roughly $34.26 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1006460001 show the actual bill.
What is the assessed value of 40 Tenth Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 40 Tenth Avenue at $100 million ($2.74 million of it land) and its assessed value at $45 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 23% from 2022/23 ($81.2 million) to 2026/27.
Is there office space for lease at 40 Tenth Avenue?
No space at 40 Tenth 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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Meatpacking
Transit hubs in the Meatpacking District
- A C E L at 14 St-8 Av