Office building with commercial space · Hell's Kitchen, Manhattan
429 West 53rd Street
New York, NY 10019
429 West 53rd Street is a 6-floor office building with commercial space in Hell's Kitchen, Manhattan, built in 1910, with about 38,000 square feet of office space according to city records.
Also at 429-431 West 53rd Street.
- Office space
- 38K SF
- Floors
- 6
- Year built
- 1910
- Zoning
- C6-2
The 18th largest of the 18 office buildings we track in Hell's Kitchen. Compare it with 6 neighbors
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Compared with its neighbors
How 429 West 53rd Street compares
Next to the 6 nearest large office buildings, all within a 4 minute walk, 429 West 53rd Street is the smallest by office floor area. It went up in 1910; the median neighbor dates from 1928. Its estimated property tax, about $14.35 a square foot of floor area before abatements, is above the neighbors' median of $10.53.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 429 West 53rd Street | 38K SF | 6 | 1910 | $14.35 | Apr 2007, $15M |
| 423 West 55th Street | 245K SF | 12 | 1915 | $10.53 | n/a |
| 362 West 54th Street | 45K SF | n/a | n/a | $10.09 | n/a |
| 355 West 52nd Street | 44K SF | 8 | 1910 | $14.92 | Jun 2022, $47.4M |
| 354 West 54th Street | 197K SF | 5 | 1997 | Exempt | n/a |
| 333 West 52nd Street | 80K SF | 14 | 1928 | $8.08 | n/a |
| 513 West 56th Street | 186K SF | 10 | 1984 | $12.01 | 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
- 429-431 West 53rd Street
- ZIP code
- 10019
- Building type
- Office building with commercial space (city class O5)
- Total floor area
- 45,775 SF
- Commercial floor area
- 45,775 SF
- Office
- 38,458 SF
- Industrial and storage
- 3,117 SF
- Height
- 6 floors
- Average floor
- About 7,600 SF (floor area divided by floors)
- Year built
- 1910
- Last major alteration
- 2009
- Lot area
- 7,475 SF
- Zoning district
- C6-2
- Built FAR
- 6.12
- Max commercial FAR
- 6
- Tax lot (BBL)
- 1010630015
Nearest subway
- 50 St
- 59 St-Columbus Circle
- 50 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 429 WEST 53RD STREET LLC as the owner of record. For tax year 2026/27 the city values 429 West 53rd Street at $14 million and assesses it at $6.28 million. After phase-ins and exemptions its taxable value is $6.06 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 $657,073 a year before abatements, roughly $14.35 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
- 429 WEST 53RD STREET LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $13,966,000
- Land market value
- $1,310,000
- Assessed value
- $6,284,700
- Taxable value (phased in)
- $6,057,090
- Estimated yearly tax
- About $657,073
- Tax per SF of floor area
- About $14.35
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.
Own or manage 429 West 53rd Street? List a space here free and we match it against every active requirement.
NYC property records (ACRIS)
Sales history
429 West 53rd Street last sold in April 2007 for $15 million, according to the deed recorded with the city. 159 EMMUT PROPERTIES, LLC sold it to 429 WEST 53RD STREET LLC.
- Last sale (deed date)
- April 9, 2007
- Price
- $15,000,000
- Seller
- 159 EMMUT PROPERTIES, LLC
- Buyer
- 429 WEST 53RD STREET LLC
- Deed recorded
- April 27, 2007
- ACRIS document
- 2007041400104001
Recorded sales
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 score, grade and emissions
429 West 53rd Street reported an ENERGY STAR score of 39 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a D (under 55). Its site energy use came to 61.4 kBtu per square foot, 14% above the national median of 53.9 for a similar property. Its greenhouse gas emissions were about 238 metric tons of CO2e (5.79 kg per square foot).
- ENERGY STAR score (2024)
- 39 of 100
- Grade this score earns (Local Law 33)
- D (under 55)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 61.4 kBtu/SF
- National median for the type
- 53.9 kBtu/SF
- Greenhouse gas emissions
- 238 t CO2e
- Emissions per SF
- 5.79 kg CO2e
- Floor area in the filing
- 45,976 SF
ENERGY STAR score by year
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 2026-10-08; 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.
Local Law 97 of 2019, estimated
Local Law 97 emissions limit
At its 2024 energy use, 429 West 53rd Street comes to about 187 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 332 tons for 2024 to 2029 (56% of the limit), so it would owe no penalty. From 2030 the limit drops to 112 tons and the same energy use counts as about 116 tons, about 4 tons over, or an estimated $1,200 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 332 t CO2e
- Estimated emissions
- 187 t CO2e
- Under the limit by
- 145 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 112 t CO2e
- Estimated emissions
- 116 t CO2e
- Over the limit by
- 4 t CO2e
- Estimated penalty a year
- $1,200
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 41,053 SF; Parking 4,923 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.
Own or manage 429 West 53rd Street? List a space here free and we match it against every active requirement.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 429 West 53rd Street in the 12 months to October 2026; the last one was first permitted in September 2021.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- September 2021
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across Hell's KitchenWhere 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 429 West 53rd Street
How big is 429 West 53rd Street?
429 West 53rd Street has about 46,000 square feet of floor area in total, including 38,000 square feet of office and 3,000 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 429 West 53rd Street built?
City records list 1910 as the year built, with a major alteration recorded in 2009. The building is 6 floors tall.
What other addresses does 429 West 53rd Street have?
City records list 429-431 West 53rd Street on the same tax lot (BBL 1010630015) as 429 West 53rd Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 429 West 53rd Street?
429 West 53rd Street is in ZIP code 10019, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 429 West 53rd Street, New York, NY 10019, in Hell's Kitchen.
What is the zoning at 429 West 53rd Street?
The lot is in the C6-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 6.12 and a maximum commercial FAR of 6 for this lot.
What subway station is closest to 429 West 53rd Street?
The closest subway station to 429 West 53rd Street is 50 St (the C and E trains), about 0.3 miles away in a straight line, roughly 6 minutes on foot. The MTA lists it as partly accessible. Also nearby: 59 St-Columbus Circle (the 1, A, B, C and D trains), 8 min walk; 50 St (the 1 train), 8 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 429 West 53rd Street?
The NYC Department of Finance's 2026/27 assessment roll lists 429 WEST 53RD STREET LLC as the owner of record of 429 West 53rd Street (BBL 1010630015). 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 429 West 53rd Street last sold?
429 West 53rd Street last sold in April 2007 for $15 million, according to the deed recorded with the city. 159 EMMUT PROPERTIES, LLC sold it to 429 WEST 53RD STREET LLC. The deed is ACRIS document 2007041400104001 (BBL 1010630015) 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.
What is the energy grade of 429 West 53rd Street?
429 West 53rd Street reported an ENERGY STAR score of 39 for calendar year 2024 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 39 earns a D. 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 61.4 kBtu per square foot, 14% above the national median of 53.9 for a similar property. Its greenhouse gas emissions were about 238 metric tons of CO2e (5.79 kg per square foot).
Does 429 West 53rd Street meet Local Law 97?
At its 2024 energy use, 429 West 53rd Street comes to about 187 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 332 tons for 2024 to 2029 (56% of the limit), so it would owe no penalty. From 2030 the limit drops to 112 tons and the same energy use counts as about 116 tons, about 4 tons over, or an estimated $1,200 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 429 West 53rd Street?
The Department of Buildings issued no permits for new jobs at 429 West 53rd Street in the 12 months to October 2026; the last one was first permitted in September 2021. These are the Department of Buildings' DOB NOW work permits for tax lot 1010630015. 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 429 West 53rd Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $6.06 million for 429 West 53rd Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $657,073 a year, roughly $14.35 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1010630015 show the actual bill.
What is the assessed value of 429 West 53rd Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 429 West 53rd Street at $14 million ($1.31 million of it land) and its assessed value at $6.28 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 11% from 2022/23 ($15.8 million) to 2026/27.
Is there office space for lease at 429 West 53rd Street?
No space at 429 West 53rd 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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Hell's Kitchen
Transit hubs in Hell's Kitchen
- C E at 50 St
- 1 at 50 St
- A C E at 42 St-Port Authority