Office building · Hudson Yards, Manhattan

514 West 36th Street

New York, NY

514 West 36th Street is a 50-floor office building in Hudson Yards, Manhattan, built in 2025, with about 1.1 million square feet of office space according to city records.

Office space
1.1M SF
Floors
50
Year built
2025
Zoning
C6-4

Office space next to its nearest neighbors

  1. The Spiral1 min walk2.2M SF
  2. 514 West 36th StreetThis building1.1M SF
  3. 469 Tenth Avenue1 min walk223K SF
  4. 481 Tenth Avenue1 min walk64K SF

The 9th 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 514 West 36th Street compares

Next to the 6 nearest large office buildings, all within a 3 minute walk, 514 West 36th Street ranks 3rd of 7 by office floor area. Built in 2025, it is the newest of them. Its property tax is fully exempt on the city's assessment roll.

514 West 36th Street and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
514 West 36th StreetThis building1.1M SF502025Exempt
469 Tenth Avenue1 min walk223K SF141915$11.04
The Spiral, 527 West 34th Street1 min walk2.2M SF662018Exempt
481 Tenth Avenue1 min walk64K SF61900$11.27
400 Eleventh Avenue2 min walk419K SF142018$8.24
50 Hudson Yards, 427 Tenth Avenue2 min walk2.5M SF582019Exempt
460 West 34th Street3 min walk509K SF191927$24.03
The 9th largest of the 27 office buildings we track in Hudson Yards: see the full list

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

ZIP code
10001 (PLUTO); 10018 (Finance roll)
Building type
Office building (city class O4)
Total floor area
1,071,274 SF
Commercial floor area
1,071,274 SF
Office
1,071,274 SF
Height
50 floors
Average floor
About 21,400 SF (floor area divided by floors)
Year built
2025
Lot area
40,681 SF
Zoning district
C6-4
Built FAR
26.33
Max commercial FAR
10
Tax lot (BBL)
1007070020

Nearest subway

  • 34 St-Hudson Yards3 min walk · Accessible station
  • 34 St-Penn Station8 min walk · Accessible station
  • 42 St-Port Authority Bus Terminal10 min walk · Accessible station · connects to Times Sq-42 St

Nearby large buildings

All 39 large office buildings on West 36th Street

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; 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 70HY PROPERTY OWNER LLC as the owner of record. For tax year 2026/27 the city values 514 West 36th Street at $34.5 million and assesses it at $15.5 million. Exemptions on the roll cover the whole taxable value, which is common for government, nonprofit and payment-in-lieu-of-taxes properties.

Owner of record
70HY PROPERTY OWNER LLC
Tax class
Class 4 (commercial and industrial)
City market value
$34,498,000
Land market value
$34,498,000
Assessed value
$15,524,100
Exemptions
$15,524,100
Estimated yearly tax
Fully exempt on the roll

City market value by tax year

  • 2022/23$11.1 million
  • 2023/24$33.5 million
  • 2024/25$34.5 million
  • 2025/26$34.5 million
  • 2026/27$34.5 million

Market value rose 210% from 2022/23 ($11.1 million) to 2026/27.

How Hudson Yards compares: property tax per SF across NYC neighborhoodsHow NYC commercial property tax works, and why some towers show $0

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How to find who owns any NYC building

Source: 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. Exempt properties can still owe charges or payments in lieu of taxes that the roll does not show.

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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 10 jobs at 514 West 36th Street. In the last two years, interior work was permitted on 51 floors (floors 1 to 51, the cellar, the ground floor and the underground). The newest build-out, on floors 1 to 51, the cellar, the ground floor, the roof and the underground, was first permitted in February 2025 (construction, mechanical, plumbing, sprinklers, standpipe, structural, scaffold, neighbor protection, support of excavation, foundation, earth work, curb cut; filed cost estimate $57 million). A sidewalk shed permit here is active until January 29, 2027.

New jobs, last 12 months
10
Initial permits, last 12 months
22
Newest job first permitted
September 2026
Interior build-outs, last 24 months
1
Floors with interior work, last 24 months
1 to 51, cellar, ground floor, underground
Facade and sidewalk jobs, last 24 months
11
Sidewalk shed permit
Active until Jan 29, 2027

Recent build-outs

  • Floors 1 to 51, cellar, ground floor, roof, undergroundFebruary 2025Construction, Mechanical, Plumbing, Sprinklers, Standpipe, Structural, Scaffold, Neighbor protection, Support of Excavation, Foundation, Earth Work, Curb Cut; est. $57 million

New jobs by year

  • 20210
  • 20220
  • 20231
  • 20240
  • 20252
  • 2026 to date10

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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Questions about 514 West 36th Street

How big is 514 West 36th Street?

514 West 36th Street has about 1.1 million square feet of floor area in total, including 1.1 million square feet of office, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

When was 514 West 36th Street built?

City records list 2025 as the year built. The building is 50 floors tall.

What is the ZIP code of 514 West 36th Street?

City records give two ZIP codes for this tax lot: 10001 in NYC PLUTO 26v2 and 10018 on the Department of Finance's assessment roll. Some large New York buildings have a ZIP code of their own beside the area's, so check with the building's management which one it uses before you rely on either.

What is the zoning at 514 West 36th Street?

The lot is in the C6-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 26.33 and a maximum commercial FAR of 10 for this lot.

What subway station is closest to 514 West 36th Street?

The closest subway station to 514 West 36th Street is 34 St-Hudson Yards (the 7 train), about 700 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), 8 min walk; 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), 10 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 514 West 36th Street?

The NYC Department of Finance's 2026/27 assessment roll lists 70HY PROPERTY OWNER LLC as the owner of record of 514 West 36th Street (BBL 1007070020). 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.

Is there construction at 514 West 36th Street?

In the 12 months to October 2026, the Department of Buildings issued first permits for 10 jobs at 514 West 36th Street. In the last two years, interior work was permitted on 51 floors (floors 1 to 51, the cellar, the ground floor and the underground). The newest build-out, on floors 1 to 51, the cellar, the ground floor, the roof and the underground, was first permitted in February 2025 (construction, mechanical, plumbing, sprinklers, standpipe, structural, scaffold, neighbor protection, support of excavation, foundation, earth work, curb cut; filed cost estimate $57 million). A sidewalk shed permit here is active until January 29, 2027. These are the Department of Buildings' DOB NOW work permits for tax lot 1007070020. 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 514 West 36th Street?

The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of 514 West 36th Street, so there is no property tax on the roll to estimate. That is common for government, nonprofit and payment-in-lieu-of-taxes (PILOT) properties. The city's property tax records for BBL 1007070020 show what is actually billed.

What is the assessed value of 514 West 36th Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 514 West 36th Street at $34.5 million ($34.5 million of it land) and its assessed value at $15.5 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 210% from 2022/23 ($11.1 million) to 2026/27.

Is there office space for lease at 514 West 36th Street?

No space at 514 West 36th 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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