Office building · Garment District, Manhattan
461 Eighth Avenue
New York, NY 10001
461 Eighth Avenue is a 24-floor office building in the Garment District, Manhattan, built in 1917, with about 592,000 square feet of office space according to city records.
Also at 461-479 Eighth Avenue, 5 Penn Plaza, 301-303 West 33rd Street and 300-302 West 34th Street.
- Office space
- 592K SF
- Floors
- 24
- Year built
- 1917
- Zoning
- C6-4
The 10th largest of the 155 office buildings we track in the Garment District. Compare it with 6 neighbors
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Compared with its neighbors
How 461 Eighth Avenue compares
Next to the 6 nearest large office buildings, all within a 2 minute walk, 461 Eighth Avenue ranks 2nd of 7 by office floor area. Built in 1917, it is the oldest of them. Its estimated property tax, about $14.42 a square foot of floor area before abatements, is above the neighbors' median of $11.26.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 461 Eighth Avenue | 592K SF | 24 | 1917 | $14.42 |
| 494 Eighth Avenue | 106K SF | 23 | 1928 | $11.02 |
| 260 West 35th Street | 61K SF | 14 | 1924 | $8.91 |
| 330 West 34th Street | 618K SF | 18 | 1926 | $14.83 |
| 501 Eighth Avenue | 257K SF | 25 | 1930 | $11.26 |
| 315 West 35th Street | 58K SF | 14 | 1927 | $11.85 |
| Moynihan Train Hall, 441 Eighth Avenue | 293K SF | 5 | 1934 | 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
- Other addresses
- 461-479 Eighth Avenue; 5 Penn Plaza; 301-303 West 33rd Street; 300-302 West 34th Street
- ZIP code
- 10001
- Building type
- Office building (city class O4)
- Total floor area
- 611,625 SF
- Commercial floor area
- 611,625 SF
- Office
- 592,425 SF
- Retail
- 15,000 SF
- Industrial and storage
- 4,200 SF
- Height
- 24 floors
- Average floor
- About 25,500 SF (floor area divided by floors)
- Year built
- 1917
- Last major alteration
- 1983
- Lot area
- 23,601 SF
- Zoning district
- C6-4
- Built FAR
- 25.92
- Max commercial FAR
- 10
- Tax lot (BBL)
- 1007570031
Nearest subway
- 34 St-Penn Station
- 34 St-Penn Station
- 28 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 storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered 4 storefronts at 461 Eighth Avenue 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 the Garment District
- 13.7%
- Share vacant along Eighth Avenue
- 16.1%
- Share vacant citywide
- 9.2%
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, 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 5 PENN PLAZA LLC as the owner of record. For tax year 2026/27 the city values 461 Eighth Avenue at $180.7 million and assesses it at $81.3 million. After phase-ins and exemptions its taxable value is $81.3 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 $8.82 million a year before abatements, roughly $14.42 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
- 5 PENN PLAZA LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $180,692,000
- Land market value
- $31,000,000
- Assessed value
- $81,311,400
- Estimated yearly tax
- About $8.82 million
- Tax per SF of floor area
- About $14.42
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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SEC filings (EDGAR)
Companies with offices here
One public company and one investment manager give 461 Eighth Avenue as their office address in SEC filings.
Public company
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
461 Eighth Avenue reported an ENERGY STAR score of 77 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 68.2 kBtu per square foot, 33% below the national median of 101.8 for a similar property. Its greenhouse gas emissions were about 4,049 metric tons of CO2e (6.19 kg per square foot).
- ENERGY STAR score (2024)
- 77 of 100
- Grade this score earns (Local Law 33)
- B (70 to 84)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 68.2 kBtu/SF
- National median for the type
- 101.8 kBtu/SF
- Greenhouse gas emissions
- 4,049 t CO2e
- Emissions per SF
- 6.19 kg CO2e
- Floor area in the filing
- 654,067 SF
- ENERGY STAR certified
- 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2020, 2021
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 2026-10-16; 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, 461 Eighth Avenue comes to about 3,225 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 4,958 tons for 2024 to 2029 (65% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,754 tons and the same energy use counts as about 2,082 tons, about 327 tons over, or an estimated $88,000 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 4,958 t CO2e
- Estimated emissions
- 3,225 t CO2e
- Under the limit by
- 1,733 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 1,754 t CO2e
- Estimated emissions
- 2,082 t CO2e
- Over the limit by
- 327 t CO2e
- Estimated penalty a year
- $88,000
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 644,567 SF; Retail Store 9,500 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.
Own or manage 461 Eighth Avenue? List a space here free and we match it against every active requirement.
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 12 jobs at 461 Eighth Avenue. In the last two years, interior work was permitted on 14 floors (floors 1, 3 to 6, 8, 10, 12 to 16, 22 and 23, the ground floor and the roof terrace). The newest build-out, on floors 22 and 23, was first permitted in September 2026 (mechanical; filed cost estimate $375,000).
- New jobs, last 12 months
- 12
- Initial permits, last 12 months
- 33
- Newest job first permitted
- September 2026
- Interior build-outs, last 24 months
- 20
- Floors with interior work, last 24 months
- 1, 3 to 6, 8, 10, 12 to 16, 22 and 23, ground floor, roof terrace
- Facade and sidewalk jobs, last 24 months
- 1
Recent build-outs
New jobs by year
Build-outs across the Garment DistrictWhere NYC offices are being built out
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.
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Before you sign
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Questions about 461 Eighth Avenue
How big is 461 Eighth Avenue?
461 Eighth Avenue has about 612,000 square feet of floor area in total, including 592,000 square feet of office, 15,000 square feet of retail and 4,000 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 461 Eighth Avenue built?
City records list 1917 as the year built, with a major alteration recorded in 1983. The building is 24 floors tall.
What other addresses does 461 Eighth Avenue have?
City records list 461-479 Eighth Avenue, 5 Penn Plaza, 301-303 West 33rd Street and 300-302 West 34th Street on the same tax lot (BBL 1007570031) as 461 Eighth Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 461 Eighth Avenue?
461 Eighth 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. The full mailing address is 461 Eighth Avenue, New York, NY 10001, in the Garment District.
What is the zoning at 461 Eighth Avenue?
The lot is in the C6-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 25.92 and a maximum commercial FAR of 10 for this lot.
What subway station is closest to 461 Eighth Avenue?
The closest subway station to 461 Eighth Avenue is 34 St-Penn Station (the A, C and E trains), about 200 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as an accessible station. Also nearby: 34 St-Penn Station (the 1, 2 and 3 trains), 4 min walk; 28 St (the 1 train), 7 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 461 Eighth Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists 5 PENN PLAZA LLC as the owner of record of 461 Eighth Avenue (BBL 1007570031). 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 461 Eighth Avenue?
Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 461 Eighth Avenue. One public company reports the address as its principal executive office: ACCUSTEM SCIENCES INC. (ACUT). One investment manager files 13F holdings reports from the address: RAFFLES ASSOCIATES LP. 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 461 Eighth Avenue?
461 Eighth Avenue reported an ENERGY STAR score of 77 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 77 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 68.2 kBtu per square foot, 33% below the national median of 101.8 for a similar property. Its greenhouse gas emissions were about 4,049 metric tons of CO2e (6.19 kg per square foot).
Does 461 Eighth Avenue meet Local Law 97?
At its 2024 energy use, 461 Eighth Avenue comes to about 3,225 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 4,958 tons for 2024 to 2029 (65% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,754 tons and the same energy use counts as about 2,082 tons, about 327 tons over, or an estimated $88,000 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.
Is there construction at 461 Eighth Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 12 jobs at 461 Eighth Avenue. In the last two years, interior work was permitted on 14 floors (floors 1, 3 to 6, 8, 10, 12 to 16, 22 and 23, the ground floor and the roof terrace). The newest build-out, on floors 22 and 23, was first permitted in September 2026 (mechanical; filed cost estimate $375,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1007570031. 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 461 Eighth Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $81.3 million for 461 Eighth Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $8.82 million a year, roughly $14.42 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1007570031 show the actual bill.
What is the assessed value of 461 Eighth Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 461 Eighth Avenue at $180.7 million ($31 million of it land) and its assessed value at $81.3 million, the 45% of market value the city assesses for Class 4 property. The city's market value held steady from 2022/23 to 2026/27.
Are there vacant storefronts at 461 Eighth Avenue?
Owners registered 4 storefronts at 461 Eighth Avenue 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 461 Eighth Avenue?
No space at 461 Eighth 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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Garment District
Transit hubs in the Garment District
- B D F M N Q R W at 34 St-Herald Sq
- 1 2 3 at 34 St-Penn Station