Office building with commercial space · Upper East Side, Manhattan
409 East 60th Street
New York, NY 10022
409 East 60th Street is a 5-floor office building with commercial space in the Upper East Side, Manhattan, built in 1930, with about 35,000 square feet of office space according to city records.
Also at 415 East 60th Street.
- Office space
- 35K SF
- Floors
- 5
- Year built
- 1930
- Zoning
- C6-3
The 18th largest of the 18 office buildings we track in the Upper East Side. Compare it with 6 neighbors
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Compared with its neighbors
How 409 East 60th Street compares
Next to the 6 nearest large office buildings, all within a 6 minute walk, 409 East 60th Street is the smallest by office floor area. It went up in 1930; the median neighbor dates from 1965. Its estimated property tax, about $28.14 a square foot of floor area before abatements, is above the neighbors' median of $13.32.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 409 East 60th Street | 35K SF | 5 | 1930 | $28.14 | May 2011, $24M |
| 407 East 61st Street | 39K SF | 7 | 1928 | Exempt | n/a |
| 323 East 61st Street | 50K SF | 6 | 2019 | Exempt | n/a |
| 321 East 61st Street | 79K SF | 7 | 2017 | Exempt | n/a |
| 306 East 61st Street | 61K SF | 7 | 1901 | $11.71 | Feb 2018, $47M |
| 315 East 62nd Street | 63K SF | 6 | 1930 | $14.77 | Sep 2007, $31.3M |
| 222 East 59th Street | 38K SF | 5 | 2001 | $13.32 | 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 address
- 415 East 60th Street
- ZIP code
- 10022
- Building type
- Office building with commercial space (city class O5)
- Total floor area
- 49,500 SF
- Commercial floor area
- 35,045 SF
- Office
- 35,045 SF
- Height
- 5 floors
- Average floor
- About 9,900 SF (floor area divided by floors)
- Year built
- 1930
- Last major alteration
- 2011
- Lot area
- 10,042 SF
- Zoning district
- C6-3
- Built FAR
- 4.93
- Max commercial FAR
- 6
- Tax lot (BBL)
- 1014550008
Nearest subway
- Roosevelt Island
- Lexington Av/59 St
- Lexington Av/63 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; addresses from the Property Address Directory (PAD) 26b; 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 STEEL EAST 60, LLC - LIMITED LIABILITY C OMPANY as the owner of record. For tax year 2026/27 the city values 409 East 60th Street at $31.4 million and assesses it at $14.1 million. After phase-ins and exemptions its taxable value is $12.8 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 $1.39 million a year before abatements, roughly $28.14 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
- STEEL EAST 60, LLC - LIMITED LIABILITY C OMPANY
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $31,414,000
- Land market value
- $2,008,000
- Assessed value
- $14,136,300
- Taxable value (phased in)
- $12,840,460
- Estimated yearly tax
- About $1.39 million
- Tax per SF of floor area
- About $28.14
City market value by tax year
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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NYC property records (ACRIS)
Sales history
409 East 60th Street last sold in May 2011 for $24 million, according to the deed recorded with the city. THE ROCKEFELLER UNIVERSITY sold it to STEEL EAST 60, LLC - LIMITED LIABILITY COMPANY. That comes to about $485 per square foot of floor area.
- Last sale (deed date)
- May 18, 2011
- Price
- $24,000,000
- Price per SF of floor area
- About $485
- Seller
- THE ROCKEFELLER UNIVERSITY
- Buyer
- STEEL EAST 60, LLC - LIMITED LIABILITY COMPANY
- Deed recorded
- May 31, 2011
- ACRIS document
- 2011052600035001
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-08; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out.
NYC energy benchmarking (Local Law 84)
Energy use and emissions
409 East 60th Street's 2023 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 425.2 kBtu per square foot, 10.1 times the national median of 41.9 for a similar property. Its greenhouse gas emissions were about 2,274 metric tons of CO2e (45.9 kg per square foot).
- ENERGY STAR score (2023)
- None given
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 425.2 kBtu/SF
- National median for the type
- 41.9 kBtu/SF
- Greenhouse gas emissions
- 2,274 t CO2e
- Emissions per SF
- 45.9 kg CO2e
- Floor area in the filing
- 49,500 SF
Energy sources in 2023
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 (2023 filing), pulled 2026-10-08; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.
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 4 jobs at 409 East 60th Street. In the last two years, interior work was permitted on one floor (floor 2). The newest build-out, on floor 2, was first permitted in October 2026 (mechanical; filed cost estimate $550,000). A sidewalk shed permit here is active until January 4, 2027.
- New jobs, last 12 months
- 4
- Initial permits, last 12 months
- 4
- Newest job first permitted
- October 2026
- Interior build-outs, last 24 months
- 2
- Floors with interior work, last 24 months
- 2
- Facade and sidewalk jobs, last 24 months
- 1
- Sidewalk shed permit
- Active until Jan 4, 2027
Recent build-outs
New jobs by year
Build-outs across the Upper East SideWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-08 (permits issued through 2026-10-06). 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.
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Questions about 409 East 60th Street
How big is 409 East 60th Street?
409 East 60th Street has about 50,000 square feet of floor area in total, including 35,000 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 409 East 60th Street built?
City records list 1930 as the year built, with a major alteration recorded in 2011. The building is 5 floors tall.
What other addresses does 409 East 60th Street have?
City records list 415 East 60th Street on the same tax lot (BBL 1014550008) as 409 East 60th Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 409 East 60th Street?
409 East 60th Street is in ZIP code 10022, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 409 East 60th Street, New York, NY 10022, in the Upper East Side.
What is the zoning at 409 East 60th Street?
The lot is in the C6-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 4.93 and a maximum commercial FAR of 6 for this lot.
What subway station is closest to 409 East 60th Street?
The closest subway station to 409 East 60th Street is Roosevelt Island (the M train), about 0.4 miles away in a straight line, roughly 8 minutes on foot. The MTA lists it as an accessible station. Also nearby: Lexington Av/59 St (the N, R, W, 4, 5 and 6 trains, connected to 59 St), 8 min walk; Lexington Av/63 St (the M and Q trains), 9 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 409 East 60th Street?
The NYC Department of Finance's 2026/27 assessment roll lists STEEL EAST 60, LLC - LIMITED LIABILITY C OMPANY as the owner of record of 409 East 60th Street (BBL 1014550008). 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.
When was 409 East 60th Street last sold?
409 East 60th Street last sold in May 2011 for $24 million, according to the deed recorded with the city. THE ROCKEFELLER UNIVERSITY sold it to STEEL EAST 60, LLC - LIMITED LIABILITY COMPANY. That comes to about $485 per square foot of floor area. The deed is ACRIS document 2011052600035001 (BBL 1014550008) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.
Does 409 East 60th Street have an energy grade?
409 East 60th Street's 2023 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 425.2 kBtu per square foot, 10.1 times the national median of 41.9 for a similar property. Its greenhouse gas emissions were about 2,274 metric tons of CO2e (45.9 kg per square foot).
Is there construction at 409 East 60th Street?
In the 12 months to October 2026, the Department of Buildings issued first permits for 4 jobs at 409 East 60th Street. In the last two years, interior work was permitted on one floor (floor 2). The newest build-out, on floor 2, was first permitted in October 2026 (mechanical; filed cost estimate $550,000). A sidewalk shed permit here is active until January 4, 2027. These are the Department of Buildings' DOB NOW work permits for tax lot 1014550008. 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 409 East 60th Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $12.8 million for 409 East 60th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.39 million a year, roughly $28.14 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1014550008 show the actual bill.
What is the assessed value of 409 East 60th Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 409 East 60th Street at $31.4 million ($2.01 million of it land) and its assessed value at $14.1 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 8% from 2022/23 ($29.2 million) to 2026/27.
Is there office space for lease at 409 East 60th Street?
No space at 409 East 60th 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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