Office building · Garment District, Manhattan
512 Seventh Avenue
New York, NY 10018
512 Seventh Avenue is a 45-floor office building in the Garment District, Manhattan, built in 1930, with about 544,000 square feet of office space according to city records.
Also at 508-518 Seventh Avenue and 200-212 West 38th Street.
- Office space
- 544K SF
- Floors
- 45
- Year built
- 1930
- Zoning
- M1-9A/R12
The 12th 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 512 Seventh Avenue compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 512 Seventh Avenue ranks 3rd of 7 by office floor area. Built in 1930, it is the newest of them. Its estimated property tax, about $13.20 a square foot of floor area before abatements, is above the neighbors' median of $11.50.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 512 Seventh Avenue | 544K SF | 45 | 1930 | $13.20 |
| 500 Seventh Avenue | 587K SF | 17 | 1921 | $12.43 |
| 209 West 38th Street | 136K SF | 12 | 1910 | $5.05 |
| 230 West 38th Street | 123K SF | 17 | 1923 | $4.96 |
| 530 Seventh Avenue | 394K SF | 30 | 1929 | $14.14 |
| 501 Seventh Avenue | 415K SF | 17 | 1923 | $10.56 |
| 498 Seventh Avenue | 725K SF | 24 | 1920 | $18.20 |
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
- 508-518 Seventh Avenue; 200-212 West 38th Street
- ZIP code
- 10018
- Building type
- Office building (city class O4)
- Total floor area
- 553,748 SF
- Commercial floor area
- 553,748 SF
- Office
- 543,748 SF
- Retail
- 10,000 SF
- Height
- 45 floors
- Average floor
- About 12,300 SF (floor area divided by floors)
- Year built
- 1930
- Last major alteration
- 2000
- Lot area
- 13,937 SF
- Zoning district
- M1-9A/R12
- Built FAR
- 39.73
- Max commercial FAR
- 15
- Tax lot (BBL)
- 1007870044
Nearest subway
- Times Sq-42 St
- 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; 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 SEVENTH AVENUE as the owner of record. For tax year 2026/27 the city values 512 Seventh Avenue at $154.9 million and assesses it at $69.7 million. After phase-ins and exemptions its taxable value is $67.4 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 $7.31 million a year before abatements, roughly $13.20 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 SEVENTH AVENUE
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $154,868,000
- Land market value
- $7,317,000
- Assessed value
- $69,690,600
- Taxable value (phased in)
- $67,373,950
- Estimated yearly tax
- About $7.31 million
- Tax per SF of floor area
- About $13.20
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 gives 512 Seventh Avenue as its office address in SEC filings.
Public company
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 use and emissions
512 Seventh Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (a campus of several buildings cannot get a score), 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 63.7 kBtu per square foot, about the same as the national median of 61.1 for a similar property. Its greenhouse gas emissions were about 7,722 metric tons of CO2e (6.05 kg per square foot). The filing covers 2 tax lots together, so these figures are for the whole property.
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 63.7 kBtu/SF
- National median for the type
- 61.1 kBtu/SF
- Greenhouse gas emissions
- 7,722 t CO2e
- Emissions per SF
- 6.05 kg CO2e
- Floor area in the filing
- 1,275,808 SF
- Tax lots in the filing
- 2
ENERGY STAR score by year
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, one filing for 2 tax lots), 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.
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 1 job at 512 Seventh Avenue. In the last two years, interior work was permitted on 3 floors (floors 13, 35 and 42). The newest build-out, on floor 35, was first permitted in January 2025 (construction, mechanical, plumbing, sprinklers; filed cost estimate $947,000). A sidewalk shed permit here is active until November 10, 2026.
- New jobs, last 12 months
- 1
- Initial permits, last 12 months
- 1
- Newest job first permitted
- February 2026
- Interior build-outs, last 24 months
- 3
- Floors with interior work, last 24 months
- 13, 35 and 42
- Facade and sidewalk jobs, last 24 months
- 1
- Sidewalk shed permit
- Active until Nov 10, 2026
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.
No office space listed in the Garment District yet
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Before you sign
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Questions about 512 Seventh Avenue
How big is 512 Seventh Avenue?
512 Seventh Avenue has about 554,000 square feet of floor area in total, including 544,000 square feet of office and 10,000 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 512 Seventh Avenue built?
City records list 1930 as the year built, with a major alteration recorded in 2000. The building is 45 floors tall.
What other addresses does 512 Seventh Avenue have?
City records list 508-518 Seventh Avenue and 200-212 West 38th Street on the same tax lot (BBL 1007870044) as 512 Seventh Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 512 Seventh Avenue?
512 Seventh 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 512 Seventh Avenue, New York, NY 10018, in the Garment District.
What is the zoning at 512 Seventh Avenue?
The lot is in the M1-9A/R12 zoning district. PLUTO lists a built floor area ratio (FAR) of 39.73 and a maximum commercial FAR of 15 for this lot.
What subway station is closest to 512 Seventh Avenue?
The closest subway station to 512 Seventh Avenue is Times Sq-42 St (the 1, 2, 3, 7, N, Q, R, W, S, A, C and E trains, connected to 42 St-Port Authority Bus Terminal), about 850 feet away in a straight line, roughly 3 minutes on foot. The MTA lists it as an accessible station. Also nearby: 34 St-Penn Station (the A, C and E trains), 5 min walk; 34 St-Penn Station (the 1, 2 and 3 trains), 5 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 512 Seventh Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists 500 SEVENTH AVENUE as the owner of record of 512 Seventh Avenue (BBL 1007870044). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
Who are the tenants at 512 Seventh Avenue?
Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 512 Seventh Avenue. One public company reports the address as its principal executive office: G III APPAREL GROUP LTD (GIII). 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.
Does 512 Seventh Avenue have an energy grade?
512 Seventh Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (a campus of several buildings cannot get a score), 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 63.7 kBtu per square foot, about the same as the national median of 61.1 for a similar property. Its greenhouse gas emissions were about 7,722 metric tons of CO2e (6.05 kg per square foot). The filing covers 2 tax lots together, so these figures are for the whole property.
Is there construction at 512 Seventh Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 512 Seventh Avenue. In the last two years, interior work was permitted on 3 floors (floors 13, 35 and 42). The newest build-out, on floor 35, was first permitted in January 2025 (construction, mechanical, plumbing, sprinklers; filed cost estimate $947,000). A sidewalk shed permit here is active until November 10, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1007870044. 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 512 Seventh Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $67.4 million for 512 Seventh Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $7.31 million a year, roughly $13.20 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1007870044 show the actual bill.
What is the assessed value of 512 Seventh Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 512 Seventh Avenue at $154.9 million ($7.32 million of it land) and its assessed value at $69.7 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 11% from 2022/23 ($139.9 million) to 2026/27.
Is there office space for lease at 512 Seventh Avenue?
No space at 512 Seventh 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