Commercial condominium · Hudson Yards, Manhattan
Five Manhattan West
450 West 33rd Street, New York, NY 10001
Five Manhattan West (450 West 33rd Street) is a 14-floor commercial condominium in Hudson Yards, Manhattan, built in 1969, with about 1.3 million square feet of office space according to city records.
Also at 5 Manhattan West, 368-404 Tenth Avenue and 446-450 West 33rd Street.
- Office space
- 1.3M SF
- Floors
- 14
- Year built
- 1969
- Zoning
- C6-4
The 7th 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 Five Manhattan West compares
Next to the 6 nearest large office buildings, all within a 2 minute walk, Five Manhattan West ranks 4th of 7 by office floor area. It went up in 1969; the median neighbor dates from 1971. Its estimated property tax, about $21.86 a square foot of floor area before abatements, is above the neighbors' median of $10.77.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| Five Manhattan West, 450 West 33rd Street | 1.3M SF | 14 | 1969 | $21.86 |
| 442 West 31st Street | 112K SF | 12 | 1918 | $7.88 |
| 424 West 33rd Street | 167K SF | 13 | 1913 | $13.65 |
| 460 West 34th Street | 509K SF | 19 | 1927 | $24.03 |
| 500 West 33rd Street | 2.3M SF | 68 | 2015 | Exempt |
| 2 Manhattan West | 1.8M SF | 60 | 2020 | $0.31 |
| 50 Hudson Yards, 427 Tenth Avenue | 2.5M SF | 58 | 2019 | Exempt |
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
- Five Manhattan West
- Other addresses
- 5 Manhattan West; 368-404 Tenth Avenue; 446-450 West 33rd Street
- ZIP code
- 10001
- Building type
- Commercial condominium (city class RC)
- Total floor area
- 1,438,273 SF
- Commercial floor area
- 1,438,273 SF
- Office
- 1,281,169 SF
- Retail
- 157,104 SF
- Height
- 14 floors
- Average floor
- About 102,700 SF (floor area divided by floors)
- Year built
- 1969
- Lot area
- 134,932 SF
- Zoning district
- C6-4
- Built FAR
- 10.66
- Max commercial FAR
- 10
- Tax lot (BBL)
- 1007297507
Nearest subway
- 34 St-Hudson Yards
- 34 St-Penn Station
- 34 St-Penn Station
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, Five Manhattan West; 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 11 storefronts at Five Manhattan West for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day.
- Storefronts registered for December 31, 2025
- 11
- Vacant that day
- 0
- Share vacant here
- 0.0%
- Share vacant across Hudson Yards
- 32.0%
- Share vacant along West 33rd Street
- 10.9%
- Share vacant citywide
- 9.2%
- Condominium tax lots that filed
- 2
Vacant on December 31, by year
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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, summed over the condominium's unit lots that filed, 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
Five Manhattan West is a condominium of 2 tax lots. 450 PARTNERS LLC, one of 2 owners of record on the roll, owns the units that make up 89% of its market value. For tax year 2026/27 the city values Five Manhattan West at $684.8 million and assesses it at $308.1 million. After phase-ins and exemptions its taxable value is $289.8 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 $31.4 million a year before abatements, roughly $21.86 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.
- Largest unit owner
- 450 PARTNERS LLC (89% of market value)
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $684,750,000
- Land market value
- $10,800,000
- Assessed value
- $308,137,500
- Taxable value (phased in)
- $289,783,436
- Estimated yearly tax
- About $31.4 million
- Tax per SF of floor area
- About $21.86
- Condominium tax lots
- 2
- Owners of record
- 2
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, summed over 2 condominium tax lots; 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 450 West 33rd Street 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 score, grade and emissions
Five Manhattan West reported an ENERGY STAR score of 72 out of 100 for 2024 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 91.2 kBtu per square foot, 23% below the national median of 119.2 for a similar property. Its greenhouse gas emissions were about 14,618 metric tons of CO2e (9.11 kg per square foot).
- ENERGY STAR score (2024)
- 72 of 100
- Grade this score earns (Local Law 33)
- B (70 to 84)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 91.2 kBtu/SF
- National median for the type
- 119.2 kBtu/SF
- Greenhouse gas emissions
- 14,618 t CO2e
- Emissions per SF
- 9.11 kg CO2e
- Floor area in the filing
- 1,604,716 SF
- ENERGY STAR certified
- 2010, 2017, 2018, 2019, 2020, 2021
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. 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, Five Manhattan West comes to about 10,647 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 14,314 tons for 2024 to 2029 (74% of the limit), so it would owe no penalty. From 2030 the limit drops to 5,150 tons and the same energy use counts as about 6,291 tons, about 1,141 tons over, or an estimated $306,000 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 14,314 t CO2e
- Estimated emissions
- 10,647 t CO2e
- Under the limit by
- 3,666 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 5,150 t CO2e
- Estimated emissions
- 6,291 t CO2e
- Over the limit by
- 1,141 t CO2e
- Estimated penalty a year
- $306,000
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Other - Entertainment/Public Assembly 26,321 SF; Office 1,443,006 SF; Data Center 28,240 SF; Other - Restaurant/Bar 39,191 SF; Bank Branch 7,713 SF; Supermarket/Grocery Store 60,245 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.
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Before you sign
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Questions about Five Manhattan West
How big is Five Manhattan West?
Five Manhattan West has about 1.4 million square feet of floor area in total, including 1.3 million square feet of office and 157,000 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 Five Manhattan West built?
City records list 1969 as the year built. The building is 14 floors tall.
What is the address of Five Manhattan West?
Five Manhattan West is at 450 West 33rd Street in Hudson Yards, Manhattan. City records list 5 Manhattan West, 368-404 Tenth Avenue and 446-450 West 33rd Street on the same tax lot (BBL 1007297507). A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 450 West 33rd Street?
450 West 33rd Street is in ZIP code 10001, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. Five Manhattan West is at 450 West 33rd Street, New York, NY 10001, in Hudson Yards.
What is the zoning at Five Manhattan West?
The lot is in the C6-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 10.66 and a maximum commercial FAR of 10 for this lot.
What subway station is closest to Five Manhattan West?
The closest subway station to Five Manhattan West is 34 St-Hudson Yards (the 7 train), about 0.2 miles away in a straight line, roughly 5 minutes on foot. The MTA lists it as an accessible station. Also nearby: 34 St-Penn Station (the A, C and E trains), 6 min walk; 34 St-Penn Station (the 1, 2 and 3 trains), 10 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns Five Manhattan West?
Five Manhattan West is a condominium of 2 tax lots. 450 PARTNERS LLC, one of 2 owners of record on the roll, owns the units that make up 89% of its market value. That is from the NYC Department of Finance's 2026/27 assessment roll (BBL 1007297507). Deeds and mortgages for each unit are public in ACRIS, the city's property records system.
Who are the tenants at Five Manhattan West?
Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at Five Manhattan West. One investment manager files 13F holdings reports from the address: Betterment 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 Five Manhattan West?
Five Manhattan West reported an ENERGY STAR score of 72 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 72 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 91.2 kBtu per square foot, 23% below the national median of 119.2 for a similar property. Its greenhouse gas emissions were about 14,618 metric tons of CO2e (9.11 kg per square foot).
Does Five Manhattan West meet Local Law 97?
At its 2024 energy use, Five Manhattan West comes to about 10,647 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 14,314 tons for 2024 to 2029 (74% of the limit), so it would owe no penalty. From 2030 the limit drops to 5,150 tons and the same energy use counts as about 6,291 tons, about 1,141 tons over, or an estimated $306,000 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.
What are the property taxes at Five Manhattan West?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $289.8 million for Five Manhattan West (the sum of its 2 condominium tax lots). At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $31.4 million a year, roughly $21.86 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1007297507 show the actual bill.
What is the assessed value of Five Manhattan West?
For tax year 2026/27, the NYC Department of Finance puts the market value of Five Manhattan West at $684.8 million ($10.8 million of it land) and its assessed value at $308.1 million, the 45% of market value the city assesses for Class 4 property. The city's market value held steady from 2025/26 to 2026/27.
Are there vacant storefronts at Five Manhattan West?
Owners registered 11 storefronts at Five Manhattan West 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 Five Manhattan West?
No space at 450 West 33rd 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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Hudson Yards
Transit hubs in Hudson Yards
- 7 at 34 St-Hudson Yards
- A C E at 34 St-Penn Station