553 Fifth Avenue

553 Fifth Avenue has about 206,000 square feet of floor area in total, including 170,000 square feet of office, 37,000 square feet of retail and 0 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

City records list 1955 as the year built, with a major alteration recorded in 1994. The building is 19 floors tall.

City records list 2 East 46th Street and 553-561 Fifth Avenue on the same tax lot (BBL 1012810069) as 553 Fifth Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

553 Fifth Avenue is in ZIP code 10017, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 553 Fifth Avenue, New York, NY 10017, in Midtown.

The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 14.56 and a maximum commercial FAR of 15 for this lot.

The closest subway station to 553 Fifth Avenue is Grand Central-42 St (the 4, 5, 6, 7 and S trains), about 0.2 miles away in a straight line, roughly 4 minutes on foot. The MTA lists it as an accessible station. Also nearby: 5 Av (the 7, B, D, F and M trains, connected to 42 St-Bryant Pk), 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.

The NYC Department of Finance's 2026/27 assessment roll lists 555 FIFTH AVENUE OWNER LLC as the owner of record of 553 Fifth Avenue (BBL 1012810069). 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.

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 553 Fifth Avenue. One public company reports the address as its principal executive office: SPARTA COMMERCIAL SERVICES, INC. (SRCO). 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.

553 Fifth Avenue reported an ENERGY STAR score of 57 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 57 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 57.3 kBtu per square foot, 9% below the national median of 63 for a similar property. Its greenhouse gas emissions were about 1,444 metric tons of CO2e (5.93 kg per square foot).

At its 2024 energy use, 553 Fifth Avenue comes to about 1,049 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 1,850 tons for 2024 to 2029 (57% of the limit), so it would owe no penalty. From 2030 the limit drops to 636 tons and the same energy use counts as about 594 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.

The Department of Buildings issued no permits for new jobs at 553 Fifth Avenue in the 12 months to October 2026; the last one was first permitted in October 2025. These are the Department of Buildings' DOB NOW work permits for tax lot 1012810069. 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 $32.6 million for 553 Fifth Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $3.54 million a year, roughly $17.16 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012810069 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 553 Fifth Avenue at $81.6 million ($15.6 million of it land) and its assessed value at $36.7 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 36% from 2022/23 ($60.1 million) to 2026/27.

Owners registered 4 storefronts at 553 Fifth Avenue for December 31, 2025, the newest annual filing the city has published, and 1 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2020. 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.

No space at 553 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.