Commercial condominium · Midtown, Manhattan

530 Fifth Avenue

New York, NY 10036

530 Fifth Avenue is a 26-floor commercial condominium in Midtown, Manhattan, built in 1957, with about 387,000 square feet of office space according to city records.

Also at 530-544 Fifth Avenue and 1-5 West 44th Street.

Office space
387K SF
Floors
26
Year built
1957
Zoning
C5-3

Office space next to its nearest neighbors

  1. 530 Fifth AvenueThis building387K SF
  2. 522 Fifth Avenue1 min walk371K SF
  3. 2 West 45th Street1 min walk98K SF
  4. 15 West 44th Street1 min walk48K SF

The 99th largest of the 351 office buildings we track in Midtown. Compare it with 6 neighbors

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Compared with its neighbors

How 530 Fifth Avenue compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 530 Fifth Avenue is the largest by office floor area. It went up in 1957; the median neighbor dates from 1917. Its estimated property tax, about $18.02 a square foot of floor area before abatements, is above the neighbors' median of $16.83.

530 Fifth Avenue and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
530 Fifth AvenueThis building387K SF261957$18.02n/a
2 West 45th Street1 min walk98K SF161910$15.57n/a
15 West 44th Street1 min walk48K SF121914$13.92May 2017, $68M
522 Fifth Avenue1 min walk371K SF231919$20.40n/a
546 Fifth Avenue1 min walk176K SF221989$16.16n/a
19 West 44th Street1 min walk222K SF161916$19.87Jun 2026, $108M
531 Fifth Avenue1 min walk321K SF361927$17.50Mar 2006, $116M
The 99th largest of the 351 office buildings we track in Midtown: 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); 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
530-544 Fifth Avenue; 1-5 West 44th Street
ZIP code
10036
Building type
Commercial condominium (city class RC)
Total floor area
446,678 SF
Commercial floor area
446,678 SF
Office
386,839 SF
Retail
59,839 SF
Height
26 floors
Average floor
About 17,200 SF (floor area divided by floors)
Year built
1957
Lot area
27,614 SF
Zoning district
C5-3
Built FAR
16.18
Max commercial FAR
15
Tax lot (BBL)
1012607503

Nearest subway

  • 5 Av3 min walk · Not accessible · connects to 42 St-Bryant Pk
  • Grand Central-42 St4 min walk · Accessible station
  • 47-50 Sts-Rockefeller Ctr5 min walk · Accessible station

Nearby large buildings

All 115 large office buildings on Fifth Avenue

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 storefront registry (Local Law 157)

Storefronts and vacancy

Owners registered 6 storefronts at 530 Fifth Avenue for December 31, 2025, the newest annual filing the city has published, and 1 of them stood vacant that day. A year earlier, none of 5 did.

Storefronts registered for December 31, 2025
6
Vacant that day
1
Share vacant here
16.7%
Share vacant across Midtown
14.3%
Share vacant along Fifth Avenue
14.0%
Share vacant citywide
9.2%
Condominium tax lots that filed
2

Vacant on December 31, by year

  • 20191 of 6
  • 20200 of 6
  • 20210 of 1
  • 20220 of 1
  • 20231 of 5
  • 20240 of 5
  • 20251 of 6

Bars show the share of the lot's registered storefronts that stood vacant.

Own or lease out a storefront at 530 Fifth Avenue? Listing it is free, and it is matched against every active requirement for retail space in Midtown the day it goes up.

Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, summed over the condominium's unit lots that filed, as the owners filed them. The 2025 filing was due June 1, 2026, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.

NYC Department of Finance records

Owner, property tax and assessed value

530 Fifth Avenue is a condominium of 3 tax lots. RXR 530 FIFTH OFFICE OWNER, LLC, one of 2 owners of record on the roll, owns the units that make up 77% of its market value. For tax year 2026/27 the city values 530 Fifth Avenue at $168.4 million and assesses it at $75.8 million. After phase-ins and exemptions its taxable value is $74.2 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 $8.05 million a year before abatements, roughly $18.02 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.

Largest unit owner
RXR 530 FIFTH OFFICE OWNER, LLC (77% of market value)
Tax class
Class 4 (commercial and industrial)
City market value
$168,374,000
Land market value
$47,400,000
Assessed value
$75,768,300
Taxable value (phased in)
$74,201,577
Estimated yearly tax
About $8.05 million
Tax per SF of floor area
About $18.02
Condominium tax lots
3
Owners of record
2

City market value by tax year

  • 2022/23$163.2 million
  • 2023/24$173.4 million
  • 2024/25$178.5 million
  • 2025/26$182.6 million
  • 2026/27$168.4 million

Market value rose 3% from 2022/23 ($163.2 million) to 2026/27.

How Midtown compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of itHow NYC commercial property tax works

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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, summed over 3 condominium tax lots; 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

5 investment managers and funds give 530 Fifth Avenue as their office address in SEC filings.

Investment managers and funds

Office address on their latest 13F holdings report

  • Arbiter Partners Capital Management LLC13F, Aug 2026
  • Broken Clock Management, L.L.C.13F, Aug 2026
  • DELTEC ASSET MANAGEMENT LLC13F, Jul 2026
  • GENERAL AMERICAN INVESTORS CO INC13F, Jul 2026
  • Arbiter Partners QP, LP13F, Aug 2026

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 score, grade and emissions

530 Fifth Avenue reported an ENERGY STAR score of 84 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a B (70 to 84). Its site energy use came to 60.6 kBtu per square foot, 43% below the national median of 106.7 for a similar property. Its greenhouse gas emissions were about 2,808 metric tons of CO2e (5.72 kg per square foot).

ENERGY STAR score (2024)
84 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Office
Site energy use intensity
60.6 kBtu/SF
National median for the type
106.7 kBtu/SF
Greenhouse gas emissions
2,808 t CO2e
Emissions per SF
5.72 kg CO2e
Floor area in the filing
491,003 SF
ENERGY STAR certified
2017, 2018, 2023, 2024, 2025

Energy sources in 2024

  • Electricity57%
  • District steam43%

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 (2024 filing), 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. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 530 Fifth Avenue comes to about 2,017 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 3,839 tons for 2024 to 2029 (53% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,375 tons and the same energy use counts as about 1,274 tons, still under the limit.

Period
2024 to 2029
Emissions limit
3,839 t CO2e
Estimated emissions
2,017 t CO2e
Under the limit by
1,823 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
1,375 t CO2e
Estimated emissions
1,274 t CO2e
Under the limit by
101 t CO2e
Estimated penalty a year
None

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Food Sales 25,326 SF; Office 417,254 SF; Financial Office 11,733 SF; Retail Store 36,690 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.

How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.

Own or manage 530 Fifth Avenue? List a space here free and we match it against every active requirement.

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 530 Fifth Avenue. In the last two years, interior work was permitted on 18 floors (floors 1 to 12, 14, 15, 17, 18, 20 and 24). The newest build-out, on floors 5 and 6, was first permitted in September 2026 (construction, mechanical, plumbing, sprinklers, structural; filed cost estimate $7.4 million).

New jobs, last 12 months
9
Initial permits, last 12 months
16
Newest job first permitted
September 2026
Interior build-outs, last 24 months
14
Floors with interior work, last 24 months
1 to 12, 14, 15, 17, 18, 20 and 24

Recent build-outs

  • Floors 5 and 6September 2026Construction, Mechanical, Plumbing, Sprinklers, Structural; est. $7.4 million
  • Floor 1July 2026Construction; est. $15,000
  • Floors 3 to 12, 14, 15, 17 and 20July 2026Mechanical; est. $405,000
  • Floor 5March 2026Construction, Sprinklers; 2 jobs; est. $286,000
  • Floor 6March 2026Sprinklers; est. $7,000; signed off
  • Floor 17January 2026Mechanical; est. $10,000

The newest 6 of 14 in the last 24 months.

New jobs by year

  • 202110
  • 202213
  • 202312
  • 202411
  • 202515
  • 2026 to date8

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 530 Fifth Avenue

How big is 530 Fifth Avenue?

530 Fifth Avenue has about 447,000 square feet of floor area in total, including 387,000 square feet of office and 60,000 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 530 Fifth Avenue built?

City records list 1957 as the year built. The building is 26 floors tall.

What other addresses does 530 Fifth Avenue have?

City records list 530-544 Fifth Avenue and 1-5 West 44th Street on the same tax lot (BBL 1012607503) as 530 Fifth Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 530 Fifth Avenue?

530 Fifth Avenue is in ZIP code 10036, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 530 Fifth Avenue, New York, NY 10036, in Midtown.

What is the zoning at 530 Fifth Avenue?

The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 16.18 and a maximum commercial FAR of 15 for this lot.

What subway station is closest to 530 Fifth Avenue?

The closest subway station to 530 Fifth Avenue is 5 Av (the 7, B, D, F and M trains, connected to 42 St-Bryant Pk), about 700 feet away in a straight line, roughly 3 minutes on foot. Also nearby: Grand Central-42 St (the 4, 5, 6, 7 and S trains), 4 min walk; 47-50 Sts-Rockefeller Ctr (the B, D, F and M trains), 5 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 530 Fifth Avenue?

530 Fifth Avenue is a condominium of 3 tax lots. RXR 530 FIFTH OFFICE OWNER, LLC, one of 2 owners of record on the roll, owns the units that make up 77% of its market value. That is from the NYC Department of Finance's 2026/27 assessment roll (BBL 1012607503). Deeds and mortgages for each unit are public in ACRIS, the city's property records system.

Who are the tenants at 530 Fifth Avenue?

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 530 Fifth Avenue. 5 investment managers and funds file 13F holdings reports from the address, including Arbiter Partners Capital Management LLC; Broken Clock Management, L.L.C.; and DELTEC ASSET MANAGEMENT LLC. 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.

What is the energy grade of 530 Fifth Avenue?

530 Fifth Avenue reported an ENERGY STAR score of 84 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 84 earns a B. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 60.6 kBtu per square foot, 43% below the national median of 106.7 for a similar property. Its greenhouse gas emissions were about 2,808 metric tons of CO2e (5.72 kg per square foot).

Does 530 Fifth Avenue meet Local Law 97?

At its 2024 energy use, 530 Fifth Avenue comes to about 2,017 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 3,839 tons for 2024 to 2029 (53% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,375 tons and the same energy use counts as about 1,274 tons, still under the limit. 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 530 Fifth Avenue?

In the 12 months to October 2026, the Department of Buildings issued first permits for 9 jobs at 530 Fifth Avenue. In the last two years, interior work was permitted on 18 floors (floors 1 to 12, 14, 15, 17, 18, 20 and 24). The newest build-out, on floors 5 and 6, was first permitted in September 2026 (construction, mechanical, plumbing, sprinklers, structural; filed cost estimate $7.4 million). These are the Department of Buildings' DOB NOW work permits for tax lot 1012607503. 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 530 Fifth Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $74.2 million for 530 Fifth Avenue (the sum of its 3 condominium tax lots). At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $8.05 million a year, roughly $18.02 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012607503 show the actual bill.

What is the assessed value of 530 Fifth Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 530 Fifth Avenue at $168.4 million ($47.4 million of it land) and its assessed value at $75.8 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 3% from 2022/23 ($163.2 million) to 2026/27.

Are there vacant storefronts at 530 Fifth Avenue?

Owners registered 6 storefronts at 530 Fifth Avenue for December 31, 2025, the newest annual filing the city has published, and 1 of them stood vacant that day. A year earlier, none of 5 did. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2025 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.

Is there office space for lease at 530 Fifth Avenue?

No space at 530 Fifth Avenue is listed on Leasemark right now. Nearby on Leasemark: office space for lease at 783 Madison 4th Floor in the Upper East Side (994 SF, $66.40/SF/yr). 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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