Professional building · Murray Hill, Manhattan

55 East 34th Street

New York, NY 10016

55 East 34th Street is a 6-floor professional building in Murray Hill, Manhattan, built in 1951, with about 44,000 square feet of office space according to city records.

Also at 55-59 East 34th Street.

Office space: 44K SF
Floors: 6
Year built: 1951
Zoning: C5-2

Office space next to its nearest neighbors

Madison Belmont Building1 min walk202K SF
185 Madison Avenue1 min walk75K SF
55 East 34th StreetThis building44K SF

The 25th largest of the 27 office buildings we track in Murray Hill. Compare it with 6 neighbors

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Compared with its neighbors

How 55 East 34th Street compares

Next to the 6 nearest large office buildings, all within a 2 minute walk, 55 East 34th Street is the smallest by office floor area. It went up in 1951; the median neighbor dates from 1925. Its property tax is fully exempt on the city's assessment roll.

55 East 34th Street and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
Building	Office space	Floors	Built	Tax / SF	Last sale
55 East 34th StreetThis building	44K SF	6	1951	Exempt	n/a
185 Madison Avenue1 min walk	75K SF	16	1911	$11.46	n/a
Madison Belmont Building, 183 Madison Avenue1 min walk	202K SF	17	1925	$15.16	Aug 2018, $220M
33 East 33rd Street1 min walk	115K SF	12	1914	$11.44	n/a
169 Madison Avenue1 min walk	106K SF	16	1926	$13.24	n/a
3 Park Avenue2 min walk	592K SF	42	1977	$6.89	n/a
178 Madison Avenue2 min walk	218K SF	24	1927	$22.04	Jul 2008, $146M

The 25th largest of the 27 office buildings we track in Murray Hill: 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 address: 55-59 East 34th Street
ZIP code: 10016
Building type: Professional building (city class O7)
Total floor area: 44,100 SF
Commercial floor area: 44,100 SF
Office: 44,100 SF
Height: 6 floors
Average floor: About 7,400 SF (floor area divided by floors)
Year built: 1951
Last major alteration: 1989
Lot area: 7,350 SF
Zoning district: C5-2
Built FAR: 6
Max commercial FAR: 10
Tax lot (BBL): 1008640032

Nearest subway

33 St2 min walk · Not accessible
28 St7 min walk · Partly accessible
34 St-Herald Sq7 min walk · Accessible station

Nearby large buildings

30 East 33rd Street85K SF office · 12 floors · 2 min walk
2 Park Avenue797K SF office · 25 floors · 2 min walk
161 Madison Avenue58K SF office · 12 floors · 2 min walk
200 Madison Avenue564K SF office · 26 floors · 2 min walk
31 East 32nd Street49K SF office · 12 floors · 2 min walk
15 East 33rd Street327K SF office · 21 floors · 2 min walk
355 Fifth Avenue118K SF office · 13 floors · 2 min walk
1 Park Avenue38K SF office · 18 floors · 2 min walk

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

Property tax and assessed value

For tax year 2026/27 the city values 55 East 34th Street at $14.4 million and assesses it at $6.48 million. Exemptions on the roll cover the whole taxable value, which is common for government, nonprofit and payment-in-lieu-of-taxes properties.

Tax class: Class 4 (commercial and industrial)
City market value: $14,402,000
Land market value: $3,700,000
Assessed value: $6,480,900
Exemptions: $6,480,900
Estimated yearly tax: Fully exempt on the roll

City market value by tax year

2022/23$14 million
2023/24$14.1 million
2024/25$14.4 million
2025/26$14.6 million
2026/27$14.4 million

Market value rose 3% from 2022/23 ($14 million) to 2026/27.

How Murray Hill compares: property tax per SF across NYC neighborhoods

Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll), pulled 2026-10-08. Exempt properties can still owe charges or payments in lieu of taxes that the roll does not show.

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NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

55 East 34th Street reported an ENERGY STAR score of 46 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 90.9 kBtu per square foot, about the same as the national median of 88.5 for a similar property. Its greenhouse gas emissions were about 444 metric tons of CO2e (9.18 kg per square foot).

ENERGY STAR score (2024): 46 of 100
Grade this score earns (Local Law 33): D (under 55)
Property type (Portfolio Manager): Medical Office
Site energy use intensity: 90.9 kBtu/SF
National median for the type: 88.5 kBtu/SF
Greenhouse gas emissions: 444 t CO2e
Emissions per SF: 9.18 kg CO2e
Floor area in the filing: 48,355 SF

ENERGY STAR score by year

202245 (D)
202351 (D)
202446 (D)

Energy sources in 2024

Electricity70%
Fuel oil21%
Natural gas9%

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 2026-10-08; 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

In the 12 months to October 2026, the Department of Buildings issued first permits for 2 jobs at 55 East 34th Street. A sidewalk shed permit here is active until November 3, 2026.

New jobs, last 12 months: 2
Initial permits, last 12 months: 2
Newest job first permitted: July 2026
Interior build-outs, last 24 months: 0
Facade and sidewalk jobs, last 24 months: 2
Sidewalk shed permit: Active until Nov 3, 2026

New jobs by year

20213
20223
20231
20240
20250
2026 to date2

Build-outs across Murray Hill Where NYC offices are being built out

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-08 (permits issued through 2026-10-06). 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.

Before you sign

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Questions about 55 East 34th Street

How big is 55 East 34th Street?

55 East 34th Street has about 44,000 square feet of floor area in total, including 44,000 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 55 East 34th Street built?

City records list 1951 as the year built, with a major alteration recorded in 1989. The building is 6 floors tall.

What other addresses does 55 East 34th Street have?

City records list 55-59 East 34th Street on the same tax lot (BBL 1008640032) as 55 East 34th Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 55 East 34th Street?

55 East 34th Street is in ZIP code 10016, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 55 East 34th Street, New York, NY 10016, in Murray Hill.

What is the zoning at 55 East 34th Street?

The lot is in the C5-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 6 and a maximum commercial FAR of 10 for this lot.

What subway station is closest to 55 East 34th Street?

The closest subway station to 55 East 34th Street is 33 St (the 6 train), about 550 feet away in a straight line, roughly 2 minutes on foot. Also nearby: 28 St (the 6 train), 7 min walk; 34 St-Herald Sq (the B, D, F, M, N, Q, R and W trains), 7 min walk. Walking times are straight-line estimates; the street route is longer.

What is the energy grade of 55 East 34th Street?

55 East 34th Street reported an ENERGY STAR score of 46 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 46 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 90.9 kBtu per square foot, about the same as the national median of 88.5 for a similar property. Its greenhouse gas emissions were about 444 metric tons of CO2e (9.18 kg per square foot).

Is there construction at 55 East 34th Street?

In the 12 months to October 2026, the Department of Buildings issued first permits for 2 jobs at 55 East 34th Street. A sidewalk shed permit here is active until November 3, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1008640032. 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 55 East 34th Street?

The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of 55 East 34th 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 1008640032 show what is actually billed.

What is the assessed value of 55 East 34th Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 55 East 34th Street at $14.4 million ($3.7 million of it land) and its assessed value at $6.48 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 3% from 2022/23 ($14 million) to 2026/27.

Is there office space for lease at 55 East 34th Street?

No space at 55 East 34th 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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Murray Hill

Transit hubs in Murray Hill

6 at 33 St
4 5 6 7 S at Grand Central