Office building · Upper West Side, Manhattan

515 West 57th Street

New York, NY 10019

515 West 57th Street is a 3-floor office building in the Upper West Side, Manhattan, built in 1910, with about 46,000 square feet of office space according to city records.

Also at 513-519 West 57th Street and 508-516 West 58th Street.

Office space
46K SF
Floors
3
Year built
1910
Zoning
M1-5

Office space next to its nearest neighbors

  1. 521 West 57th Street1 min walk368K SF
  2. 515 West 57th StreetThis building46K SF
  3. 514 West 57th Street1 min walk37K SF

The 16th largest of the 20 office buildings we track in the Upper West Side. Compare it with 6 neighbors

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Compared with its neighbors

How 515 West 57th Street compares

Next to the 6 nearest large office buildings, all within a 3 minute walk, 515 West 57th Street ranks 6th of 7 by office floor area. Built in 1910, it is the oldest of them. Its estimated property tax, about $11.24 a square foot of floor area before abatements, is below the neighbors' median of $12.01.

515 West 57th Street and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
515 West 57th StreetThis building46K SF31910$11.24
521 West 57th Street1 min walk368K SF101927$12.01
514 West 57th Street1 min walk37K SF61940$12.19
524 West 57th Street1 min walk52K SF81912$9.86
513 West 56th Street1 min walk186K SF101984$12.01
555 West 57th Street2 min walk581K SF202005$15.53
600 West 58th Street3 min walk67K SF102015$8.71
The 16th largest of the 20 office buildings we track in the Upper West Side: 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

Other addresses
513-519 West 57th Street; 508-516 West 58th Street
ZIP code
10019
Building type
Office building (city class O2)
Total floor area
46,000 SF
Commercial floor area
46,000 SF
Office
46,000 SF
Height
3 floors
Average floor
About 15,300 SF (floor area divided by floors)
Year built
1910
Lot area
21,000 SF
Zoning district
M1-5
Built FAR
2.19
Max commercial FAR
5
Tax lot (BBL)
1010860024

Nearest subway

  • 59 St-Columbus Circle8 min walk · Accessible station
  • 66 St-Lincoln Center9 min walk · Accessible station
  • 50 St11 min walk · Partly accessible

Nearby large buildings

All 24 large office buildings on West 57th Street

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

Owner, property tax and assessed value

The Department of Finance lists 513-519 WEST 57TH STREET as the owner of record. For tax year 2026/27 the city values 515 West 57th Street at $11.9 million and assesses it at $5.37 million. After phase-ins and exemptions its taxable value is $4.77 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 $517,215 a year before abatements, roughly $11.24 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
513-519 WEST 57TH STREET
Tax class
Class 4 (commercial and industrial)
City market value
$11,934,000
Land market value
$2,730,000
Assessed value
$5,370,300
Taxable value (phased in)
$4,767,840
Estimated yearly tax
About $517,215
Tax per SF of floor area
About $11.24

City market value by tax year

  • 2022/23$9.74 million
  • 2023/24$10.3 million
  • 2024/25$10.4 million
  • 2025/26$10.6 million
  • 2026/27$11.9 million

Market value rose 23% from 2022/23 ($9.74 million) to 2026/27.

How the Upper West Side compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of it

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 2026-10-08; 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.

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NYC energy benchmarking (Local Law 84)

Energy use and emissions

515 West 57th Street's 2022 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 56.3 kBtu per square foot, 8% above the national median of 52 for a similar property. Its greenhouse gas emissions were about 189 metric tons of CO2e (4.1 kg per square foot).

ENERGY STAR score (2022)
None given
Property type (Portfolio Manager)
Other - Entertainment/Public Assembly
Site energy use intensity
56.3 kBtu/SF
National median for the type
52 kBtu/SF
Greenhouse gas emissions
189 t CO2e
Emissions per SF
4.1 kg CO2e
Floor area in the filing
45,990 SF

Energy sources in 2022

  • Electricity63%
  • Natural gas37%

Share of the energy used on site, as filed.

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 (2022 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 2022 energy use, 515 West 57th Street comes to about 189 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 454 tons for 2024 to 2029 (42% of the limit), so it would owe no penalty. From 2030 the limit drops to 136 tons and the same energy use counts as about 120 tons, still under the limit.

Period
2024 to 2029
Emissions limit
454 t CO2e
Estimated emissions
189 t CO2e
Under the limit by
265 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
136 t CO2e
Estimated emissions
120 t CO2e
Under the limit by
16 t CO2e
Estimated penalty a year
None

Estimated from the owner's 2022 Local Law 84 filing, which reports energy by source and floor area by use: Other - Entertainment/Public Assembly 45,990 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.

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Questions about 515 West 57th Street

How big is 515 West 57th Street?

515 West 57th Street has about 46,000 square feet of floor area in total, including 46,000 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 515 West 57th Street built?

City records list 1910 as the year built. The building is 3 floors tall.

What other addresses does 515 West 57th Street have?

City records list 513-519 West 57th Street and 508-516 West 58th Street on the same tax lot (BBL 1010860024) as 515 West 57th Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 515 West 57th Street?

515 West 57th Street is in ZIP code 10019, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 515 West 57th Street, New York, NY 10019, in the Upper West Side.

What is the zoning at 515 West 57th Street?

The lot is in the M1-5 zoning district. PLUTO lists a built floor area ratio (FAR) of 2.19 and a maximum commercial FAR of 5 for this lot.

What subway station is closest to 515 West 57th Street?

The closest subway station to 515 West 57th Street is 59 St-Columbus Circle (the 1, A, B, C and D trains), about 0.4 miles away in a straight line, roughly 8 minutes on foot. The MTA lists it as an accessible station. Also nearby: 66 St-Lincoln Center (the 1 train), 9 min walk; 50 St (the C and E trains), 11 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 515 West 57th Street?

The NYC Department of Finance's 2026/27 assessment roll lists 513-519 WEST 57TH STREET as the owner of record of 515 West 57th Street (BBL 1010860024). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

Does 515 West 57th Street have an energy grade?

515 West 57th Street's 2022 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 56.3 kBtu per square foot, 8% above the national median of 52 for a similar property. Its greenhouse gas emissions were about 189 metric tons of CO2e (4.1 kg per square foot).

Does 515 West 57th Street meet Local Law 97?

At its 2022 energy use, 515 West 57th Street comes to about 189 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 454 tons for 2024 to 2029 (42% of the limit), so it would owe no penalty. From 2030 the limit drops to 136 tons and the same energy use counts as about 120 tons, still under the limit. This is an estimate from the owner's 2022 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.

What are the property taxes at 515 West 57th Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $4.77 million for 515 West 57th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $517,215 a year, roughly $11.24 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1010860024 show the actual bill.

What is the assessed value of 515 West 57th Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 515 West 57th Street at $11.9 million ($2.73 million of it land) and its assessed value at $5.37 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 23% from 2022/23 ($9.74 million) to 2026/27.

Is there office space for lease at 515 West 57th Street?

No space at 515 West 57th 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.

2,180 buildings from city records

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