541 West 21st Street

541 West 21st Street has about 55,000 square feet of floor area in total, including 48,000 square feet of office and 7,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

City records list 1915 as the year built, with a major alteration recorded in 2019. The building is 8 floors tall.

City records list 541-545 West 21st Street on the same tax lot (BBL 1006930010) as 541 West 21st Street. A space listed on Leasemark at any of these addresses shows up on this page.

541 West 21st Street is in ZIP code 10011, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 541 West 21st Street, New York, NY 10011, in Chelsea.

The lot is in the M1-5 zoning district. PLUTO lists a built floor area ratio (FAR) of 7.39 and a maximum commercial FAR of 5 for this lot.

The closest subway station to 541 West 21st Street is 23 St (the C and E trains), about 0.5 miles away in a straight line, roughly 10 minutes on foot. Also nearby: 14 St (the A, C, E and L trains, connected to 8 Av), 11 min walk; 23 St (the 1 train), 13 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists 541 W 21 CAPITAL LLC as the owner of record of 541 West 21st Street (BBL 1006930010). 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.

541 West 21st Street last sold in December 2025 for $46.2 million, according to the deed recorded with the city. The buyer of record was 541 W 21 CAPITAL LLC. That comes to about $838 per square foot of floor area. The deed is ACRIS document 2026010800381009 (BBL 1006930010) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.

541 West 21st Street's 2022 Local Law 84 benchmarking filing got no ENERGY STAR 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 8.7 kBtu per square foot, less than half the national median of 41.6 for a similar property. Its greenhouse gas emissions were about 42.3 metric tons of CO2e (0.7 kg per square foot).

At its 2022 energy use, 541 West 21st Street comes to about 42 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 433 tons for 2024 to 2029 (10% of the limit), so it would owe no penalty. From 2030 the limit drops to 154 tons and the same energy use counts as about 21 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.

The Department of Buildings issued no permits for new jobs at 541 West 21st Street in the 12 months to October 2026; the last one was first permitted in November 2021. These are the Department of Buildings' DOB NOW work permits for tax lot 1006930010. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $10.4 million for 541 West 21st Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.13 million a year, roughly $20.41 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1006930010 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 541 West 21st Street at $24.7 million ($1.46 million of it land) and its assessed value at $11.1 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 18% from 2022/23 ($21 million) to 2026/27.

No space at 541 West 21st 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.