Retail building · Hudson Yards, Manhattan
547 West 27th Street
New York, NY 10001
547 West 27th Street is a 6-floor retail building in Hudson Yards, Manhattan, built in 1900, with about 97,000 square feet of retail space according to city records.
Also at 547-553 West 27th Street and 548-552 West 28th Street.
- Retail space
- 97K SF
- Floors
- 6
- Year built
- 1900
- Zoning
- C6-3
No space at 547 West 27th Street is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once.
Compared with its neighbors
How 547 West 27th Street compares
Next to the 6 nearest large retail buildings, all within a 17 minute walk, 547 West 27th Street ranks 4th of 7 by retail floor area. It went up in 1900; the median neighbor dates from 1905. Its estimated property tax, about $12.43 a square foot of floor area before abatements, is below the neighbors' median of $16.47.
| Building | Retail space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 547 West 27th Street | 97K SF | 6 | 1900 | $12.43 | Jun 2026, $38.2M |
| 519 West 26th Street | 125K SF | 4 | 1911 | $15.30 | n/a |
| 223 West 34th Street | 61K SF | 4 | 2010 | $55.74 | n/a |
| 144 West 34th Street | 78K SF | 3 | 1900 | $30.47 | Jun 2015, $355M |
| 441 Seventh Avenue | 2.2M SF | 19 | 1930 | $7.34 | n/a |
| 19 Ninth Avenue | 59K SF | 5 | 1889 | $17.64 | n/a |
| 695 Avenue of the Americas | 125K SF | 5 | 1889 | $11.86 | n/a |
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 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 547-553 West 27th Street; 548-552 West 28th Street
- ZIP code
- 10001
- Building type
- Retail building (city class K2)
- Total floor area
- 97,200 SF
- Commercial floor area
- 97,200 SF
- Retail
- 97,200 SF
- Height
- 6 floors
- Average floor
- About 16,200 SF (floor area divided by floors)
- Year built
- 1900
- Last major alteration
- 2003
- Lot area
- 17,275 SF
- Zoning district
- C6-3
- Built FAR
- 5.63
- Max commercial FAR
- 6
- Historic district
- West Chelsea Historic District
- Tax lot (BBL)
- 1006990005
Nearest subway
- 34 St-Hudson Yards
- 23 St
- 34 St-Penn Station
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-02. 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 547 West 27th Street for December 31, 2024, the newest annual filing the city has published, and 1 of them stood vacant that day.
- Storefronts registered for December 31, 2024
- 6
- Vacant that day
- 1
- Share vacant here
- 16.7%
- Share vacant across Hudson Yards
- 26.7%
- Share vacant along West 27th Street
- 24.0%
- Share vacant citywide
- 8.7%
Vacant on December 31, by year
Own or lease out a storefront at 547 West 27th Street? Listing it is free, and it is matched against every active requirement for retail space in Hudson Yards the day it goes up.
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-02. 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, as the owners filed them. The 2024 filing was due June 3, 2025, 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
The Department of Finance lists MARINERS GATE, LLC as the owner of record. For tax year 2026/27 the city values 547 West 27th Street at $26.5 million and assesses it at $11.9 million. After phase-ins and exemptions its taxable value is $11.1 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 $1.21 million a year before abatements, roughly $12.43 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
- MARINERS GATE, LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $26,540,000
- Land market value
- $4,000,000
- Assessed value
- $11,943,000
- Taxable value (phased in)
- $11,136,870
- Estimated yearly tax
- About $1.21 million
- Tax per SF of floor area
- About $12.43
City market value by tax year
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 2026-10-02; 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.
NYC property records (ACRIS)
Sales history
547 West 27th Street last sold in June 2026 for $38.2 million, according to the deed recorded with the city. MARINERS GATE, LLC sold it to MW TOLERO HOLDING CORP.. That comes to about $393 per square foot of floor area.
- Last sale (deed date)
- June 18, 2026
- Price
- $38,200,000
- Price per SF of floor area
- About $393
- Seller
- MARINERS GATE, LLC
- Buyer
- MW TOLERO HOLDING CORP.
- Deed recorded
- June 25, 2026
- ACRIS document
- 2026062300510001
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-02; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
547 West 27th Street reported an ENERGY STAR score of 41 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a D (under 55). Its site energy use came to 79.9 kBtu per square foot, 11% above the national median of 72 for a similar property. Its greenhouse gas emissions were about 780 metric tons of CO2e (8.02 kg per square foot).
- ENERGY STAR score (2024)
- 41 of 100
- Grade this score earns (Local Law 33)
- D (under 55)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 79.9 kBtu/SF
- National median for the type
- 72 kBtu/SF
- Greenhouse gas emissions
- 780 t CO2e
- Emissions per SF
- 8.02 kg CO2e
- Floor area in the filing
- 97,180 SF
ENERGY STAR score by year
Energy sources in 2024
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 2026-10-02; 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.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 547 West 27th Street in the 12 months to September 2026; the last one was first permitted in September 2025. In the last two years, interior work was permitted on 3 floors (floors 1, 2 and 4). The newest build-out, on floor 1, was first permitted in September 2025 (construction; filed cost estimate $5,000).
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- September 2025
- Interior build-outs, last 24 months
- 5
- Floors with interior work, last 24 months
- 1, 2 and 4
Recent build-outs
New jobs by year
Build-outs across Hudson YardsWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-02 (permits issued through 2026-09-30). 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.
Landmarks Preservation Commission records
Architecture and history
547 West 27th Street was designed by William Higginson and built in 1899-1900 in the American Round Arch style. It stands in the West Chelsea Historic District, so exterior changes and new signage go through the Landmarks Preservation Commission.
- Architect
- William Higginson
- Constructed
- 1899-1900
- Style
- American Round Arch
- Primary material
- Brick
- Built as
- Factory
Source: NYC Landmarks Preservation Commission, Individual Landmark and Historic District Building Database on NYC Open Data, pulled 2026-10-02. A designation can cover part of a lot, such as a facade or a lobby interior.
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Questions about 547 West 27th Street
How big is 547 West 27th Street?
547 West 27th Street has about 97,000 square feet of floor area in total, including 97,000 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 547 West 27th Street built?
The Landmarks Preservation Commission's building records date 547 West 27th Street to 1899-1900, designed by William Higginson. The building is 6 floors tall.
Who designed 547 West 27th Street?
William Higginson, according to the Landmarks Preservation Commission's building records, which list the style as American Round Arch and its original use as a factory.
What other addresses does 547 West 27th Street have?
City records list 547-553 West 27th Street and 548-552 West 28th Street on the same tax lot (BBL 1006990005) as 547 West 27th Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 547 West 27th Street?
547 West 27th Street is in ZIP code 10001, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 547 West 27th Street, New York, NY 10001, in Hudson Yards.
What is the zoning at 547 West 27th Street?
The lot is in the C6-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 5.63 and a maximum commercial FAR of 6 for this lot. It is inside the West Chelsea Historic District, so exterior changes go through the Landmarks Preservation Commission.
What subway station is closest to 547 West 27th Street?
The closest subway station to 547 West 27th Street is 34 St-Hudson Yards (the 7 train), about 0.3 miles away in a straight line, roughly 7 minutes on foot. The MTA lists it as an accessible station. Also nearby: 23 St (the C and E trains), 10 min walk; 34 St-Penn Station (the A, C and E trains), 12 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 547 West 27th Street?
The NYC Department of Finance's 2026/27 assessment roll lists MARINERS GATE, LLC as the owner of record of 547 West 27th Street (BBL 1006990005). 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.
When was 547 West 27th Street last sold?
547 West 27th Street last sold in June 2026 for $38.2 million, according to the deed recorded with the city. MARINERS GATE, LLC sold it to MW TOLERO HOLDING CORP.. That comes to about $393 per square foot of floor area. The deed is ACRIS document 2026062300510001 (BBL 1006990005) 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.
What is the energy grade of 547 West 27th Street?
547 West 27th Street reported an ENERGY STAR score of 41 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 41 earns a D. 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 79.9 kBtu per square foot, 11% above the national median of 72 for a similar property. Its greenhouse gas emissions were about 780 metric tons of CO2e (8.02 kg per square foot).
Is there construction at 547 West 27th Street?
The Department of Buildings issued no permits for new jobs at 547 West 27th Street in the 12 months to September 2026; the last one was first permitted in September 2025. In the last two years, interior work was permitted on 3 floors (floors 1, 2 and 4). The newest build-out, on floor 1, was first permitted in September 2025 (construction; filed cost estimate $5,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1006990005. 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 547 West 27th Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $11.1 million for 547 West 27th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.21 million a year, roughly $12.43 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1006990005 show the actual bill.
What is the assessed value of 547 West 27th Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 547 West 27th Street at $26.5 million ($4 million of it land) and its assessed value at $11.9 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 25% from 2022/23 ($21.3 million) to 2026/27.
Are there vacant storefronts at 547 West 27th Street?
Owners registered 6 storefronts at 547 West 27th Street for December 31, 2024, the newest annual filing the city has published, and 1 of them stood vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2024 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.
Is there retail space for lease at 547 West 27th Street?
No space at 547 West 27th 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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Hudson Yards
Transit hubs in Hudson Yards
- 7 at 34 St-Hudson Yards
- A C E at 34 St-Penn Station