Office building with commercial space · Midtown, Manhattan

55 West 47th Street

New York, NY 10036

55 West 47th Street is a 13-floor office building with commercial space in Midtown, Manhattan, built in 1963, with about 49,000 square feet of office space according to city records.

Also at 49-55 West 47th Street.

Office space
49K SF
Floors
13
Year built
1963
Zoning
C6-4.5

Office space next to its nearest neighbors

  1. 64 West 48th Street1 min walk99K SF
  2. 67 West 47th Street1 min walk68K SF
  3. 55 West 47th StreetThis building49K SF

The 317th largest of the 351 office buildings we track in Midtown. Compare it with 6 neighbors

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Compared with its neighbors

How 55 West 47th Street compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 55 West 47th Street is the smallest by office floor area. It went up in 1963; the median neighbor dates from 1926. Its estimated property tax, about $13.14 a square foot of floor area before abatements, is below the neighbors' median of $14.18.

55 West 47th Street and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
55 West 47th StreetThis building49K SF131963$13.14Apr 2008, $85M
67 West 47th Street1 min walk68K SF161928$11.44n/a
64 West 48th Street1 min walk99K SF171926$14.40Mar 2008, $54.5M
48 West 48th Street1 min walk109K SF161926$14.07n/a
62 West 47th Street1 min walk107K SF161926$32.33n/a
1212 Avenue of the Americas1 min walk232K SF231964$14.29n/a
37 West 47th Street1 min walk81K SF171925$11.68n/a
The 317th 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 address
49-55 West 47th Street
ZIP code
10036
Building type
Office building with commercial space (city class O6)
Total floor area
76,380 SF
Commercial floor area
65,692 SF
Office
49,462 SF
Retail
16,230 SF
Height
13 floors
Average floor
About 5,900 SF (floor area divided by floors)
Year built
1963
Apartments
10
Lot area
8,803 SF
Zoning district
C6-4.5
Built FAR
8.68
Max commercial FAR
12
Tax lot (BBL)
1012630007

Nearest subway

  • 47-50 Sts-Rockefeller Ctr1 min walk · Accessible station
  • 49 St4 min walk · Partly accessible
  • 5 Av6 min walk · Not accessible · connects to 42 St-Bryant Pk

Nearby large buildings

All 18 large office buildings on West 47th 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 REAL EVERGREEN INTERNATIONAL, INC. as the owner of record. For tax year 2026/27 the city values 55 West 47th Street at $22.8 million and assesses it at $10.3 million. After phase-ins and exemptions its taxable value is $9.25 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 million a year before abatements, roughly $13.14 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
REAL EVERGREEN INTERNATIONAL, INC.
Tax class
Class 4 (commercial and industrial)
City market value
$22,797,000
Land market value
$11,600,000
Assessed value
$10,258,650
Taxable value (phased in)
$9,253,350
Estimated yearly tax
About $1 million
Tax per SF of floor area
About $13.14

City market value by tax year

  • 2022/23$18.3 million
  • 2023/24$18.7 million
  • 2024/25$20.1 million
  • 2025/26$22.9 million
  • 2026/27$22.8 million

Market value rose 24% from 2022/23 ($18.3 million) to 2026/27.

How Midtown 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 property records (ACRIS)

Sales history

55 West 47th Street last sold in April 2008 for $85 million, according to the deed recorded with the city. 4947 ASSOCIATES L.P. and 55 WEST JEWELRY, L.P. sold it to REAL EVERGREEN INTERNATIONAL, INC. and WO YEE HING REALTY CORP. That comes to about $1,113 per square foot of floor area.

Last sale (deed date)
April 1, 2008
Price
$85,000,000
Price per SF of floor area
About $1,113
Seller
4947 ASSOCIATES L.P. and 55 WEST JEWELRY, L.P.
Buyer
REAL EVERGREEN INTERNATIONAL, INC. and WO YEE HING REALTY CORP
Deed recorded
April 14, 2008
ACRIS document
2008041100234001
All 82 building sales in Midtown since 2016

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-08; 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

55 West 47th Street reported an ENERGY STAR score of 58 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a C (55 to 69). Its site energy use came to 71.8 kBtu per square foot, 10% below the national median of 80 for a similar property. Its greenhouse gas emissions were about 563 metric tons of CO2e (6.89 kg per square foot).

ENERGY STAR score (2024)
58 of 100
Grade this score earns (Local Law 33)
C (55 to 69)
Property type (Portfolio Manager)
Office
Site energy use intensity
71.8 kBtu/SF
National median for the type
80 kBtu/SF
Greenhouse gas emissions
563 t CO2e
Emissions per SF
6.89 kg CO2e
Floor area in the filing
81,726 SF

ENERGY STAR score by year

  • 202259 (C)
  • 202360 (C)
  • 202458 (C)

Energy sources in 2024

  • Electricity69%
  • Natural gas31%

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.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 55 West 47th Street comes to about 440 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 619 tons for 2024 to 2029 (71% of the limit), so it would owe no penalty. From 2030 the limit drops to 220 tons and the same energy use counts as about 268 tons, about 48 tons over, or an estimated $13,000 a year unless the building cuts its emissions.

Period
2024 to 2029
Emissions limit
619 t CO2e
Estimated emissions
440 t CO2e
Under the limit by
180 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
220 t CO2e
Estimated emissions
268 t CO2e
Over the limit by
48 t CO2e
Estimated penalty a year
$13,000

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 81,726 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.

Own or manage 55 West 47th Street? 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 1 job at 55 West 47th Street. In the last two years, interior work was permitted on 12 floors (floors 2 to 13). The newest build-out, on floors 3 to 13 and the facade, was first permitted in November 2025 (construction, structural; filed cost estimate $80,000).

New jobs, last 12 months
1
Initial permits, last 12 months
4
Newest job first permitted
November 2025
Interior build-outs, last 24 months
2
Floors with interior work, last 24 months
2 to 13
Facade and sidewalk jobs, last 24 months
1

Recent build-outs

  • Floors 3 to 13, facadeNovember 2025Construction, Structural; est. $80,000; signed off
  • Floor 2September 2025Construction, Mechanical; est. $49,000; signed off

New jobs by year

  • 20210
  • 20220
  • 20230
  • 20241
  • 20253
  • 2026 to date0

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.

Office space nearby in Midtown

Nothing is listed nearby yet. The labeled examples below show how a space appears; they are not on the market.

What a requirement here looks like

No live requirements for office space in Midtown yet. These labeled examples show what tenants post. List a space in 55 West 47th Street and we match it against every new one automatically.

Before you sign

Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.

All guides

Questions about 55 West 47th Street

How big is 55 West 47th Street?

55 West 47th Street has about 76,000 square feet of floor area in total, including 49,000 square feet of office and 16,000 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 55 West 47th Street built?

City records list 1963 as the year built. The building is 13 floors tall.

What other addresses does 55 West 47th Street have?

City records list 49-55 West 47th Street on the same tax lot (BBL 1012630007) as 55 West 47th Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 55 West 47th Street?

55 West 47th Street 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 55 West 47th Street, New York, NY 10036, in Midtown.

What is the zoning at 55 West 47th Street?

The lot is in the C6-4.5 zoning district. PLUTO lists a built floor area ratio (FAR) of 8.68 and a maximum commercial FAR of 12 for this lot.

What subway station is closest to 55 West 47th Street?

The closest subway station to 55 West 47th Street is 47-50 Sts-Rockefeller Ctr (the B, D, F and M trains), about 300 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as an accessible station. Also nearby: 49 St (the N, R and W trains), 4 min walk; 5 Av (the 7, B, D, F and M trains, connected to 42 St-Bryant Pk), 6 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 55 West 47th Street?

The NYC Department of Finance's 2026/27 assessment roll lists REAL EVERGREEN INTERNATIONAL, INC. as the owner of record of 55 West 47th Street (BBL 1012630007). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

When was 55 West 47th Street last sold?

55 West 47th Street last sold in April 2008 for $85 million, according to the deed recorded with the city. 4947 ASSOCIATES L.P. and 55 WEST JEWELRY, L.P. sold it to REAL EVERGREEN INTERNATIONAL, INC. and WO YEE HING REALTY CORP. That comes to about $1,113 per square foot of floor area. The deed is ACRIS document 2008041100234001 (BBL 1012630007) 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 55 West 47th Street?

55 West 47th Street reported an ENERGY STAR score of 58 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 58 earns a C. 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 71.8 kBtu per square foot, 10% below the national median of 80 for a similar property. Its greenhouse gas emissions were about 563 metric tons of CO2e (6.89 kg per square foot).

Does 55 West 47th Street meet Local Law 97?

At its 2024 energy use, 55 West 47th Street comes to about 440 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 619 tons for 2024 to 2029 (71% of the limit), so it would owe no penalty. From 2030 the limit drops to 220 tons and the same energy use counts as about 268 tons, about 48 tons over, or an estimated $13,000 a year unless the building cuts its emissions. 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 55 West 47th Street?

In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 55 West 47th Street. In the last two years, interior work was permitted on 12 floors (floors 2 to 13). The newest build-out, on floors 3 to 13 and the facade, was first permitted in November 2025 (construction, structural; filed cost estimate $80,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1012630007. 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 West 47th Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $9.25 million for 55 West 47th 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 million a year, roughly $13.14 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012630007 show the actual bill.

What is the assessed value of 55 West 47th Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 55 West 47th Street at $22.8 million ($11.6 million of it land) and its assessed value at $10.3 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 24% from 2022/23 ($18.3 million) to 2026/27.

Is there office space for lease at 55 West 47th Street?

No space at 55 West 47th 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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