Office building · Hudson Yards, Manhattan

50 Hudson Yards

427 Tenth Avenue, New York, NY 10001

50 Hudson Yards (427 Tenth Avenue) is a 58-floor office building in Hudson Yards, Manhattan, built in 2019, with about 2.5 million square feet of office space according to city records.

Also at 10-20 Hudson Boulevard East, 50 Hudson Yards, 413-427 Tenth Avenue, 501-523 West 33rd Street and 1 more.

Office space
2.5M SF
Floors
58
Year built
2019
Zoning
C6-4

Office space next to its nearest neighbors

  1. 50 Hudson YardsThis building2.5M SF
  2. 500 West 33rd Street2 min walk2.3M SF
  3. The Spiral1 min walk2.2M SF
  4. 460 West 34th Street1 min walk509K SF

The largest of the 27 office buildings we track in Hudson Yards. Compare it with 6 neighbors

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Compared with its neighbors

How 50 Hudson Yards compares

Next to the 6 nearest large office buildings, all within a 2 minute walk, 50 Hudson Yards is the largest by office floor area. It went up in 2019; the median neighbor dates from 2015. Its property tax is fully exempt on the city's assessment roll.

50 Hudson Yards and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
50 Hudson Yards, 427 Tenth AvenueThis building2.5M SF582019Exempt
The Spiral, 527 West 34th Street1 min walk2.2M SF662018Exempt
460 West 34th Street1 min walk509K SF191927$24.03
500 West 33rd Street2 min walk2.3M SF682015Exempt
55 Hudson Yards, 380 Eleventh Avenue2 min walk1.1M SF512015Exempt
514 West 36th Street2 min walk1.1M SF502025Exempt
Five Manhattan West, 450 West 33rd Street2 min walk1.3M SF141969$21.86
The largest of the 27 office buildings we track in Hudson Yards: see the full list

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). 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
50 Hudson Yards
Other addresses
10-20 Hudson Boulevard East; 50 Hudson Yards; 413-427 Tenth Avenue; 501-523 West 33rd Street; 500-520 West 34th Street
ZIP code
10001
Building type
Office building (city class O4)
Total floor area
2,521,850 SF
Commercial floor area
2,521,850 SF
Office
2,503,144 SF
Retail
18,706 SF
Height
58 floors
Average floor
About 43,500 SF (floor area divided by floors)
Year built
2019
Lot area
69,125 SF
Zoning district
C6-4
Built FAR
36.48
Max commercial FAR
10
Tax lot (BBL)
1007050039

Nearest subway

  • 34 St-Hudson Yards3 min walk · Accessible station
  • 34 St-Penn Station8 min walk · Accessible station
  • 34 St-Penn Station11 min walk · Accessible station

Nearby large buildings

All 13 large office buildings on Tenth Avenue

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; building name checked against Wikipedia, 50 Hudson Yards; 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 4 storefronts at 50 Hudson Yards for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day.

Storefronts registered for December 31, 2025
4
Vacant that day
0
Share vacant across Hudson Yards
32.0%
Share vacant along Tenth Avenue
9.9%
Share vacant citywide
9.2%

Vacant on December 31, by year

  • 2019None registered
  • 2020None registered
  • 2021None registered
  • 2022None registered
  • 20230 of 4
  • 20240 of 4
  • 20250 of 4

Bars show the share of the lot's registered storefronts that stood vacant.

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 50 HYMC OWNER LLC as the owner of record. For tax year 2026/27 the city values 50 Hudson Yards at $1.6 billion and assesses it at $718.9 million. Exemptions on the roll cover the whole taxable value, which is common for government, nonprofit and payment-in-lieu-of-taxes properties.

Owner of record
50 HYMC OWNER LLC
Tax class
Class 4 (commercial and industrial)
City market value
$1,597,490,000
Land market value
$48,388,000
Assessed value
$718,870,500
Exemptions
$718,870,500
Estimated yearly tax
Fully exempt on the roll

City market value by tax year

  • 2022/23$48.4 million
  • 2023/24$1.15 billion
  • 2024/25$1.46 billion
  • 2025/26$1.55 billion
  • 2026/27$1.6 billion

Market value rose 3201% from 2022/23 ($48.4 million) to 2026/27.

How Hudson Yards compares: property tax per SF across NYC neighborhoodsHow NYC commercial property tax works, and why some towers show $0

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How to find who owns any NYC building

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 2026-10-16. Exempt properties can still owe charges or payments in lieu of taxes that the roll does not show.

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SEC filings (EDGAR)

Companies with offices here

3 public companies and 4 investment managers and funds give 427 Tenth Avenue as their office address in SEC filings.

Public companies

Principal executive office on their latest 10-K or 10-Q

  • BLACKROCK, INC. (BLK)10-Q, Aug 2026
  • BLACKROCK MONTICELLO DEBT REAL ESTATE INVESTMENT TRUST10-Q, Aug 2026
  • BLACKROCK PRIVATE CREDIT FUND10-Q, Aug 2026

Investment managers and funds

Office address on their latest 13F holdings report

  • Cinctive Capital Management LP13F, Aug 2026
  • Diameter Capital Partners LP13F, Aug 2026
  • XTX EXECUTION SERVICES LLC13F, Aug 2026
  • XTX MARKETS LLC13F, Aug 2026

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 score, grade and emissions

50 Hudson Yards reported an ENERGY STAR score of 76 out of 100 for 2023 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a B (70 to 84). Its site energy use came to 51.8 kBtu per square foot, 32% below the national median of 76.3 for a similar property. Its greenhouse gas emissions were about 14,275 metric tons of CO2e (4.8 kg per square foot).

ENERGY STAR score (2023)
76 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Office
Site energy use intensity
51.8 kBtu/SF
National median for the type
76.3 kBtu/SF
Greenhouse gas emissions
14,275 t CO2e
Emissions per SF
4.8 kg CO2e
Floor area in the filing
2,944,455 SF

Energy sources in 2023

  • Electricity73%
  • Natural gas27%

Share of the energy used on site, as filed.

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 2026-10-16; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.

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 40 jobs at 50 Hudson Yards. In the last two years, interior work was permitted on 31 floors (floors 1, 9, 11, 14, 15, 18, 21 to 28, 30, 31, 33, 34, 40 to 44, 46, 47, 49 and 51 to 55 and the sub-cellar). The newest build-out, on floor 47, was first permitted in August 2026 (construction, mechanical; filed cost estimate $375,000).

New jobs, last 12 months
40
Initial permits, last 12 months
74
Newest job first permitted
October 2026
Interior build-outs, last 24 months
28
Floors with interior work, last 24 months
1, 9, 11, 14, 15, 18, 21 to 28, 30, 31, 33, 34, 40 to 44, 46, 47, 49 and 51 to 55, sub-cellar

Recent build-outs

  • Floor 47August 2026Construction, Mechanical; 2 jobs; est. $375,000
  • Floors 30, 33 and 34August 2026Structural; est. $1.8 million
  • Floors 14 and 15June 2026Construction, Mechanical, Sprinklers; 2 jobs; est. $821,000
  • Floor 49April 2026Construction, Mechanical, Plumbing, Sprinklers; 6 jobs; est. $1.3 million
  • Floors 30, 33 and 34March 2026Construction, Mechanical, Plumbing, Sprinklers, Standpipe; 3 jobs; est. $21 million
  • Floor 31February 2026Construction, Mechanical, Plumbing, Sprinklers; 3 jobs; est. $2.1 million; signed off

The newest 6 of 28 in the last 24 months.

New jobs by year

  • 202150
  • 202257
  • 202341
  • 202426
  • 202543
  • 2026 to date23

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 Hudson Yards yet

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Questions about 50 Hudson Yards

How big is 50 Hudson Yards?

50 Hudson Yards has about 2.5 million square feet of floor area in total, including 2.5 million square feet of office and 19,000 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 50 Hudson Yards built?

City records list 2019 as the year built. The building is 58 floors tall.

What is the address of 50 Hudson Yards?

50 Hudson Yards is at 427 Tenth Avenue in Hudson Yards, Manhattan. City records list 10-20 Hudson Boulevard East, 50 Hudson Yards, 413-427 Tenth Avenue, 501-523 West 33rd Street and 500-520 West 34th Street on the same tax lot (BBL 1007050039). A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 427 Tenth Avenue?

427 Tenth Avenue is in ZIP code 10001, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. 50 Hudson Yards is at 427 Tenth Avenue, New York, NY 10001, in Hudson Yards.

What is the zoning at 50 Hudson Yards?

The lot is in the C6-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 36.48 and a maximum commercial FAR of 10 for this lot.

What subway station is closest to 50 Hudson Yards?

The closest subway station to 50 Hudson Yards is 34 St-Hudson Yards (the 7 train), about 700 feet away in a straight line, roughly 3 minutes on foot. The MTA lists it as an accessible station. Also nearby: 34 St-Penn Station (the A, C and E trains), 8 min walk; 34 St-Penn Station (the 1, 2 and 3 trains), 11 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 50 Hudson Yards?

The NYC Department of Finance's 2026/27 assessment roll lists 50 HYMC OWNER LLC as the owner of record of 50 Hudson Yards (BBL 1007050039). 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 50 Hudson Yards?

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 50 Hudson Yards. 3 public companies report the address as their principal executive office: BLACKROCK, INC. (BLK); BLACKROCK MONTICELLO DEBT REAL ESTATE INVESTMENT TRUST; and BLACKROCK PRIVATE CREDIT FUND. 4 investment managers and funds file 13F holdings reports from the address, including Cinctive Capital Management LP, Diameter Capital Partners LP and XTX EXECUTION SERVICES LLC. 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.

What is the energy grade of 50 Hudson Yards?

50 Hudson Yards reported an ENERGY STAR score of 76 for calendar year 2023 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 76 earns a B. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 51.8 kBtu per square foot, 32% below the national median of 76.3 for a similar property. Its greenhouse gas emissions were about 14,275 metric tons of CO2e (4.8 kg per square foot).

Is there construction at 50 Hudson Yards?

In the 12 months to October 2026, the Department of Buildings issued first permits for 40 jobs at 50 Hudson Yards. In the last two years, interior work was permitted on 31 floors (floors 1, 9, 11, 14, 15, 18, 21 to 28, 30, 31, 33, 34, 40 to 44, 46, 47, 49 and 51 to 55 and the sub-cellar). The newest build-out, on floor 47, was first permitted in August 2026 (construction, mechanical; filed cost estimate $375,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1007050039. 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 50 Hudson Yards?

The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of 50 Hudson Yards, so there is no property tax on the roll to estimate. That is common for government, nonprofit and payment-in-lieu-of-taxes (PILOT) properties. The city's property tax records for BBL 1007050039 show what is actually billed.

What is the assessed value of 50 Hudson Yards?

For tax year 2026/27, the NYC Department of Finance puts the market value of 50 Hudson Yards at $1.6 billion ($48.4 million of it land) and its assessed value at $718.9 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 3201% from 2022/23 ($48.4 million) to 2026/27.

Are there vacant storefronts at 50 Hudson Yards?

Owners registered 4 storefronts at 50 Hudson Yards for December 31, 2025, the newest annual filing the city has published, and none stood 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 50 Hudson Yards?

No space at 427 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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