Warehouse · Hudson Yards, Manhattan
501 Tenth Avenue
New York, NY 10018
501 Tenth Avenue is a 7-floor warehouse in Hudson Yards, Manhattan, built in 1930, with about 193,000 square feet of industrial and storage space according to city records.
Also at 501-519 Tenth Avenue, 501-503 West 38th Street and 500-510 West 39th Street.
- Industrial and storage space
- 193K SF
- Floors
- 7
- Year built
- 1930
- Zoning
- C2-8
The 2nd largest of the 4 industrial and storage buildings we track in Hudson Yards. Compare it with 6 neighbors
No space at 501 Tenth Avenue is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once. Nothing free right now? Get tenant alerts for Hudson Yards and hear the moment a tenant posts a requirement there. Manage or lease this building? Claim this page.
Print a one-page profile of this building for a tour book or a client proposal.
Compared with its neighbors
How 501 Tenth Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 7 minute walk, 501 Tenth Avenue ranks 2nd of 7 by industrial and storage floor area. It went up in 1930; the median neighbor dates from 1922. Its estimated property tax, about $11.28 a square foot of floor area before abatements, is above the neighbors' median of $7.31.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 501 Tenth Avenue | 193K SF | 7 | 1930 | $11.28 | Dec 2010, $40.5M (3 lots) |
| 463 Tenth Avenue | 44K SF | 6 | 1911 | $14.98 | Dec 2025, $52M |
| 543 West 43rd Street | 157K SF | 7 | 1920 | $7.31 | Dec 2021, $149M |
| 329 West 36th Street | 103K SF | 12 | 1924 | $4.68 | n/a |
| 571 Eleventh Avenue | 783K SF | 8 | 1962 | $5.51 | n/a |
| 306 West 38th Street | 69K SF | 16 | 1927 | $10.10 | n/a |
| 536 West 46th Street | 46K SF | 5 | 1910 | Exempt | 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 addresses
- 501-519 Tenth Avenue; 501-503 West 38th Street; 500-510 West 39th Street
- ZIP code
- 10018
- Building type
- Warehouse (city class E9)
- Total floor area
- 203,400 SF
- Commercial floor area
- 203,400 SF
- Office
- 10,000 SF
- Industrial and storage
- 193,400 SF
- Height
- 7 floors
- Average floor
- About 29,100 SF (floor area divided by floors)
- Year built
- 1930
- Last major alteration
- 2006
- Lot area
- 32,262 SF
- Zoning district
- C2-8
- Built FAR
- 6.3
- Max commercial FAR
- 2
- Tax lot (BBL)
- 1007100029
Nearest subway
- 34 St-Hudson Yards
- 42 St-Port Authority Bus Terminal
- 34 St-Penn Station
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 Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists 500 LINCOLN OWNER LLC as the owner of record. For tax year 2026/27 the city values 501 Tenth Avenue at $50.5 million and assesses it at $22.7 million. After phase-ins and exemptions its taxable value is $21.1 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 $2.29 million a year before abatements, roughly $11.28 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
- 500 LINCOLN OWNER LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $50,536,000
- Land market value
- $3,871,000
- Assessed value
- $22,741,200
- Taxable value (phased in)
- $21,144,150
- Estimated yearly tax
- About $2.29 million
- Tax per SF of floor area
- About $11.28
City market value by tax year
Manage or lease this building? Claim this page. Requests are reviewed by hand.
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.
Own or manage 501 Tenth Avenue? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
NYC property records (ACRIS)
Sales history
501 Tenth Avenue last sold in December 2010 in a $40.5 million sale that covered 3 tax lots, this one among them, according to the deed recorded with the city. HOWARD INTERNATIONAL CORP. sold it to 500 LINCOLN LLC.
- Last sale (deed date)
- December 10, 2010
- Combined price
- $40,500,000 for 3 tax lots
- Seller
- HOWARD INTERNATIONAL CORP.
- Buyer
- 500 LINCOLN LLC
- Deed recorded
- January 10, 2011
- ACRIS document
- 2010121501039002
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; 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; a price for several tax lots is the combined price, not this building's alone.
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 9 jobs at 501 Tenth Avenue. In the last two years, interior work was permitted on 6 floors (floors 1 to 6, the cellar and the penthouse). The newest build-out, on floors 2 and 3, was first permitted in May 2026 (construction; filed cost estimate $177,000).
- New jobs, last 12 months
- 9
- Initial permits, last 12 months
- 9
- Newest job first permitted
- July 2026
- Interior build-outs, last 24 months
- 3
- Floors with interior work, last 24 months
- 1 to 6, cellar, penthouse
- Facade and sidewalk jobs, last 24 months
- 1
Recent build-outs
New jobs by year
Build-outs across Hudson YardsWhere 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.
No industrial and storage space listed in Hudson Yards yet
Own or broker space at 501 Tenth Avenue? List it free: it shows on this page and is matched against every active requirement the day it goes up.
Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
How much is commercial rent in NYC? Per square foot, by borough
What NYC office, retail and industrial buildings collect per square foot in each borough, from the city's own filings, with the monthly math and the costs on top of rent.
What does $/SF/yr mean? How to calculate rent per square foot
$/SF/yr is a year's rent for one square foot. How to turn it into a monthly bill, spot a monthly quote, and see what the rate leaves out before you compare spaces.
Tenant rep broker or going direct? Leasing in NYC
Should you hire a tenant rep broker or deal with landlords directly? Who pays commissions in NYC, what a tenant rep does, and how to choose one.
Questions about 501 Tenth Avenue
How big is 501 Tenth Avenue?
501 Tenth Avenue has about 203,000 square feet of floor area in total, including 10,000 square feet of office and 193,000 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 501 Tenth Avenue built?
City records list 1930 as the year built, with a major alteration recorded in 2006. The building is 7 floors tall.
What other addresses does 501 Tenth Avenue have?
City records list 501-519 Tenth Avenue, 501-503 West 38th Street and 500-510 West 39th Street on the same tax lot (BBL 1007100029) as 501 Tenth Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 501 Tenth Avenue?
501 Tenth Avenue is in ZIP code 10018, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 501 Tenth Avenue, New York, NY 10018, in Hudson Yards.
What is the zoning at 501 Tenth Avenue?
The lot is in the C2-8 zoning district. PLUTO lists a built floor area ratio (FAR) of 6.3 and a maximum commercial FAR of 2 for this lot.
What subway station is closest to 501 Tenth Avenue?
The closest subway station to 501 Tenth Avenue is 34 St-Hudson Yards (the 7 train), about 0.3 miles away in a straight line, roughly 5 minutes on foot. The MTA lists it as an accessible station. Also nearby: 42 St-Port Authority Bus Terminal (the A, C, E, 1, 2, 3, 7, N, Q, R, W and S trains, connected to Times Sq-42 St), 8 min walk; 34 St-Penn Station (the A, C and E trains), 9 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 501 Tenth Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists 500 LINCOLN OWNER LLC as the owner of record of 501 Tenth Avenue (BBL 1007100029). 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 501 Tenth Avenue last sold?
501 Tenth Avenue last sold in December 2010 in a $40.5 million sale that covered 3 tax lots, this one among them, according to the deed recorded with the city. HOWARD INTERNATIONAL CORP. sold it to 500 LINCOLN LLC. The deed is ACRIS document 2010121501039002 (BBL 1007100029) 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.
Is there construction at 501 Tenth Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 9 jobs at 501 Tenth Avenue. In the last two years, interior work was permitted on 6 floors (floors 1 to 6, the cellar and the penthouse). The newest build-out, on floors 2 and 3, was first permitted in May 2026 (construction; filed cost estimate $177,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1007100029. 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 501 Tenth Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $21.1 million for 501 Tenth Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $2.29 million a year, roughly $11.28 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1007100029 show the actual bill.
What is the assessed value of 501 Tenth Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 501 Tenth Avenue at $50.5 million ($3.87 million of it land) and its assessed value at $22.7 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 19% from 2022/23 ($42.5 million) to 2026/27.
Is there industrial and storage space for lease at 501 Tenth Avenue?
No space at 501 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.
2,723 buildings from city records
Look up another building
Size, owner of record and property tax, plus the last sale and energy grade where the city has them, for every large office, retail and industrial building we track. Type any address on the lot (like 350 Fifth Avenue), a building name, a street or a neighborhood.
Hudson Yards
Transit hubs in Hudson Yards
- 7 at 34 St-Hudson Yards
- A C E at 34 St-Penn Station