Warehouse · Hudson Yards, Manhattan
510 West 27th Street
New York, NY 10001
510 West 27th Street is a 6-floor warehouse in Hudson Yards, Manhattan, built in 1910, with about 40,000 square feet of industrial and storage space according to city records.
Also at 510-514 West 27th Street.
- Industrial and storage space
- 40K SF
- Floors
- 6
- Year built
- 1910
- Zoning
- M1-5
The 4th largest of the 4 industrial and storage buildings we track in Hudson Yards. Compare it with 6 neighbors
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Compared with its neighbors
How 510 West 27th Street compares
Next to the 6 nearest large industrial and storage buildings, all within a 10 minute walk, 510 West 27th Street is the smallest by industrial and storage floor area. Built in 1910, it is the oldest of them. Its estimated property tax, about $8.02 a square foot of floor area before abatements, is close to the neighbors' median of $7.68.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 510 West 27th Street | 40K SF | 6 | 1910 | $8.02 | n/a |
| 302 Eleventh Avenue | 213K SF | 9 | 1913 | $7.79 | Dec 2021, $234M |
| 524 West 23rd Street | 128K SF | 10 | 1931 | $7.57 | Dec 2021, $132M |
| 510 West 21st Street | 123K SF | 8 | 1928 | $6.99 | Dec 2021, $95.2M |
| 525 West 20th Street | 95K SF | 9 | 1913 | $5.09 | n/a |
| 463 Tenth Avenue | 44K SF | 6 | 1911 | $14.98 | Dec 2025, $52M |
| 99 Tenth Avenue | 189K SF | 11 | 1917 | $9.97 | 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
- 510-514 West 27th Street
- ZIP code
- 10001
- Building type
- Warehouse (city class E1)
- Total floor area
- 40,000 SF
- Commercial floor area
- 40,000 SF
- Industrial and storage
- 40,000 SF
- Height
- 6 floors
- Average floor
- About 6,700 SF (floor area divided by floors)
- Year built
- 1910
- Last major alteration
- 1989
- Lot area
- 7,406 SF
- Zoning district
- M1-5
- Built FAR
- 5.4
- Max commercial FAR
- 5
- Historic district
- West Chelsea Historic District
- Tax lot (BBL)
- 1006980044
Nearest subway
- 34 St-Hudson Yards
- 23 St
- 34 St-Penn Station
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
Property tax and assessed value
For tax year 2026/27 the city values 510 West 27th Street at $7.59 million and assesses it at $3.41 million. After phase-ins and exemptions its taxable value is $2.96 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 $320,789 a year before abatements, roughly $8.02 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.
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $7,588,000
- Land market value
- $837,000
- Assessed value
- $3,414,600
- Taxable value (phased in)
- $2,957,130
- Estimated yearly tax
- About $320,789
- Tax per SF of floor area
- About $8.02
City market value by tax year
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll), 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 510 West 27th Street? List a space here free and we match it against every active requirement.
NYC energy benchmarking (Local Law 84)
Energy use and emissions
510 West 27th Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 29.4 kBtu per square foot. Its greenhouse gas emissions were about 83.9 metric tons of CO2e (1.96 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Manufacturing/Industrial Plant
- Site energy use intensity
- 29.4 kBtu/SF
- Greenhouse gas emissions
- 83.9 t CO2e
- Emissions per SF
- 1.96 kg CO2e
- Floor area in the filing
- 42,800 SF
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.
Local Law 97 of 2019, estimated
Local Law 97 emissions limit
At its 2024 energy use, 510 West 27th Street comes to about 76 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 324 tons for 2024 to 2029 (23% of the limit), so it would owe no penalty. From 2030 the limit drops to 61 tons and the same energy use counts as about 64 tons, about 3 tons over, or an estimated $900 a year unless the building cuts its emissions.
- Period
- 2024 to 2029
- Emissions limit
- 324 t CO2e
- Estimated emissions
- 76 t CO2e
- Under the limit by
- 249 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 61 t CO2e
- Estimated emissions
- 64 t CO2e
- Over the limit by
- 3 t CO2e
- Estimated penalty a year
- $900
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Manufacturing/Industrial Plant 42,800 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 510 West 27th 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 510 West 27th Street in the 12 months to October 2026; the last one was first permitted in June 2022. A sidewalk shed permit here is active until November 12, 2026.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- June 2022
- Interior build-outs, last 24 months
- 0
- Sidewalk shed permit
- Active until Nov 12, 2026
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 2026-10-08 (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.
Landmarks Preservation Commission records
Architecture and history
510 West 27th Street was designed by W. W. Pearse and built in 1909-1910 in the Vernacular style. It stands in the West Chelsea Historic District, so exterior changes and new signage go through the Landmarks Preservation Commission.
- Architect
- W. W. Pearse
- Constructed
- 1909-1910
- Style
- Vernacular
- Primary material
- Brick
- Built as
- Warehouse
Source: NYC Landmarks Preservation Commission, Individual Landmark and Historic District Building Database on NYC Open Data, pulled 2026-10-08. A designation can cover part of a lot, such as a facade or a lobby interior.
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Questions about 510 West 27th Street
How big is 510 West 27th Street?
510 West 27th Street has about 40,000 square feet of floor area in total, including 40,000 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 510 West 27th Street built?
The Landmarks Preservation Commission's building records date 510 West 27th Street to 1909-1910, designed by W. W. Pearse. The building is 6 floors tall.
Who designed 510 West 27th Street?
W. W. Pearse, according to the Landmarks Preservation Commission's building records, which list the style as Vernacular and its original use as a warehouse.
What other addresses does 510 West 27th Street have?
City records list 510-514 West 27th Street on the same tax lot (BBL 1006980044) as 510 West 27th Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 510 West 27th Street?
510 West 27th 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. The full mailing address is 510 West 27th Street, New York, NY 10001, in Hudson Yards.
What is the zoning at 510 West 27th Street?
The lot is in the M1-5 zoning district. PLUTO lists a built floor area ratio (FAR) of 5.4 and a maximum commercial FAR of 5 for this lot. It is inside the West Chelsea Historic District, so exterior changes go through the Landmarks Preservation Commission.
What subway station is closest to 510 West 27th Street?
The closest subway station to 510 West 27th Street is 34 St-Hudson Yards (the 7 train), about 0.4 miles away in a straight line, roughly 8 minutes on foot. The MTA lists it as an accessible station. Also nearby: 23 St (the C and E trains), 8 min walk; 34 St-Penn Station (the A, C and E trains), 11 min walk. Walking times are straight-line estimates; the street route is longer.
Does 510 West 27th Street have an energy grade?
510 West 27th Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 29.4 kBtu per square foot. Its greenhouse gas emissions were about 83.9 metric tons of CO2e (1.96 kg per square foot).
Does 510 West 27th Street meet Local Law 97?
At its 2024 energy use, 510 West 27th Street comes to about 76 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 324 tons for 2024 to 2029 (23% of the limit), so it would owe no penalty. From 2030 the limit drops to 61 tons and the same energy use counts as about 64 tons, about 3 tons over, or an estimated $900 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 510 West 27th Street?
The Department of Buildings issued no permits for new jobs at 510 West 27th Street in the 12 months to October 2026; the last one was first permitted in June 2022. A sidewalk shed permit here is active until November 12, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1006980044. 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 510 West 27th Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $2.96 million for 510 West 27th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $320,789 a year, roughly $8.02 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1006980044 show the actual bill.
What is the assessed value of 510 West 27th Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 510 West 27th Street at $7.59 million ($837,000 of it land) and its assessed value at $3.41 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 38% from 2022/23 ($5.51 million) to 2026/27.
Is there industrial and storage space for lease at 510 West 27th Street?
No space at 510 West 27th 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