Office building with commercial space · Meatpacking, Manhattan
404 West 15th Street
New York, NY 10011
404 West 15th Street is a 9-floor office building with commercial space in the Meatpacking District, Manhattan, built in 2016, with about 123,000 square feet of office space according to city records.
Also at 404-406 West 15th Street.
- Office space
- 123K SF
- Floors
- 9
- Year built
- 2016
- Zoning
- M1-5
The 9th 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 404 West 15th Street compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 404 West 15th Street ranks 3rd of 7 by office floor area. It went up in 2016; the median neighbor dates from 1936. Its estimated property tax, about $21.62 a square foot of floor area before abatements, is below the neighbors' median of $26.51.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 404 West 15th Street | 123K SF | 9 | 2016 | $21.62 | n/a |
| 61 Ninth Avenue | 129K SF | 9 | 2016 | $25.06 | n/a |
| 412 West 15th Street | 107K SF | 18 | 2010 | $33.76 | n/a |
| 47 Ninth Avenue | 39K SF | 4 | 1923 | $55.14 | Dec 2005, $34.5M |
| 422 West 15th Street | 111K SF | 7 | 1950 | $24.27 | n/a |
| Chelsea Market, 75 Ninth Avenue | 987K SF | 8 | 1905 | $21.75 | Mar 2018, $2.4B |
| 418 West 14th Street | 39K SF | 6 | 1900 | $27.96 | Nov 2013, $94M |
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 address
- 404-406 West 15th Street
- ZIP code
- 10011
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 122,962 SF
- Commercial floor area
- 122,962 SF
- Office
- 122,962 SF
- Height
- 9 floors
- Average floor
- About 13,700 SF (floor area divided by floors)
- Year built
- 2016
- Lot area
- 4,450 SF
- Zoning district
- M1-5
- Built FAR
- 27.63
- Max commercial FAR
- 5
- Tax lot (BBL)
- 1007120038
Nearest subway
- 8 Av
- 14 St
- 18 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
The Department of Finance lists G.D.C.L. HOLDINGS LLC as the owner of record. For tax year 2026/27 the city values 404 West 15th Street at $58.2 million and assesses it at $26.2 million. After phase-ins and exemptions its taxable value is $24.5 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 $2.66 million a year before abatements, roughly $21.62 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
- G.D.C.L. HOLDINGS LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $58,193,000
- Land market value
- $744,000
- Assessed value
- $26,186,850
- Taxable value (phased in)
- $24,511,320
- Estimated yearly tax
- About $2.66 million
- Tax per SF of floor area
- About $21.62
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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NYC energy benchmarking (Local Law 84)
Energy use and emissions
404 West 15th Street'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 156.5 kBtu per square foot, 3.0 times the national median of 51.9 for a similar property. Its greenhouse gas emissions were about 1,872 metric tons of CO2e (12.02 kg per square foot). The filing covers 2 tax lots together, so these figures are for the whole property.
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Other - Technology/Science
- Site energy use intensity
- 156.5 kBtu/SF
- National median for the type
- 51.9 kBtu/SF
- Greenhouse gas emissions
- 1,872 t CO2e
- Emissions per SF
- 12.02 kg CO2e
- Floor area in the filing
- 155,754 SF
- Tax lots in the filing
- 2
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, one filing for 2 tax lots), 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, 404 West 15th Street comes to about 1,589 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 3,696 tons for 2024 to 2029 (43% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,566 tons and the same energy use counts as about 1,195 tons, still under the limit.
- Period
- 2024 to 2029
- Emissions limit
- 3,696 t CO2e
- Estimated emissions
- 1,589 t CO2e
- Under the limit by
- 2,107 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 1,566 t CO2e
- Estimated emissions
- 1,195 t CO2e
- Under the limit by
- 371 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: Other - Technology/Science 126,743 SF; Office 782 SF; Other - Restaurant/Bar 28,229 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. The filing covers 2 tax lots together, so these figures are for the whole property.
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.
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Before you sign
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Questions about 404 West 15th Street
How big is 404 West 15th Street?
404 West 15th Street has about 123,000 square feet of floor area in total, including 123,000 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 404 West 15th Street built?
City records list 2016 as the year built. The building is 9 floors tall.
What other addresses does 404 West 15th Street have?
City records list 404-406 West 15th Street on the same tax lot (BBL 1007120038) as 404 West 15th Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 404 West 15th Street?
404 West 15th Street is in ZIP code 10011, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 404 West 15th Street, New York, NY 10011, in the Meatpacking District.
What is the zoning at 404 West 15th Street?
The lot is in the M1-5 zoning district. PLUTO lists a built floor area ratio (FAR) of 27.63 and a maximum commercial FAR of 5 for this lot.
What subway station is closest to 404 West 15th Street?
The closest subway station to 404 West 15th Street is 8 Av (the L, A, C and E trains, connected to 14 St), about 0.2 miles away in a straight line, roughly 4 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), 8 min walk; 18 St (the 1 train), 8 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 404 West 15th Street?
The NYC Department of Finance's 2026/27 assessment roll lists G.D.C.L. HOLDINGS LLC as the owner of record of 404 West 15th Street (BBL 1007120038). 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.
Does 404 West 15th Street have an energy grade?
404 West 15th Street'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 156.5 kBtu per square foot, 3.0 times the national median of 51.9 for a similar property. Its greenhouse gas emissions were about 1,872 metric tons of CO2e (12.02 kg per square foot). The filing covers 2 tax lots together, so these figures are for the whole property.
Does 404 West 15th Street meet Local Law 97?
At its 2024 energy use, 404 West 15th Street comes to about 1,589 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 3,696 tons for 2024 to 2029 (43% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,566 tons and the same energy use counts as about 1,195 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.
What are the property taxes at 404 West 15th Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $24.5 million for 404 West 15th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $2.66 million a year, roughly $21.62 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1007120038 show the actual bill.
What is the assessed value of 404 West 15th Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 404 West 15th Street at $58.2 million ($744,000 of it land) and its assessed value at $26.2 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 29% from 2022/23 ($45.2 million) to 2026/27.
Is there office space for lease at 404 West 15th Street?
No space at 404 West 15th 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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Meatpacking
Transit hubs in the Meatpacking District
- A C E L at 14 St-8 Av