Office building · Midtown, Manhattan

560 Lexington Avenue

New York, NY 10022

560 Lexington Avenue is a 22-floor office building in Midtown, Manhattan, built in 1980, with about 342,000 square feet of office space according to city records.

Also at 111-121 East 50th Street and 558-564 Lexington Avenue.

Office space
342K SF
Floors
22
Year built
1980
Zoning
C6-6

Office space next to its nearest neighbors

  1. 345 Park Avenue1 min walk1.5M SF
  2. 575 Lexington Avenue2 min walk500K SF
  3. General Electric Building1 min walk443K SF
  4. 560 Lexington AvenueThis building342K SF

The 117th largest of the 351 office buildings we track in Midtown. Compare it with 6 neighbors

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Compared with its neighbors

How 560 Lexington Avenue compares

Next to the 6 nearest large office buildings, all within a 2 minute walk, 560 Lexington Avenue ranks 6th of 7 by office floor area. It went up in 1980; the median neighbor dates from 1967. Its estimated property tax, about $16.32 a square foot of floor area before abatements, is below the neighbors' median of $20.87.

560 Lexington Avenue and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
560 Lexington AvenueThis building342K SF221980$16.32
General Electric Building, 566 Lexington Avenue1 min walk443K SF501931$12.36
345 Park Avenue1 min walk1.5M SF441969$29.04
575 Lexington Avenue2 min walk500K SF341958$14.63
299 Park Avenue2 min walk1.0M SF421966$22.83
600 Lexington Avenue2 min walk264K SF351983$19.32
320 Park Avenue2 min walk638K SF331994$22.42
The 117th 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). 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 addresses
111-121 East 50th Street; 558-564 Lexington Avenue
ZIP code
10022
Building type
Office building (city class O4)
Total floor area
345,743 SF
Commercial floor area
345,743 SF
Office
342,243 SF
Retail
3,500 SF
Height
22 floors
Average floor
About 15,700 SF (floor area divided by floors)
Year built
1980
Last major alteration
2014
Lot area
17,350 SF
Zoning district
C6-6
Built FAR
19.93
Max commercial FAR
15
Tax lot (BBL)
1013050013

Nearest subway

  • 51 St1 min walk · Accessible station · connects to Lexington Av/53 St
  • 5 Av/53 St5 min walk · Not accessible
  • Grand Central-42 St8 min walk · Accessible station

Nearby large buildings

All 37 large office buildings on Lexington Avenue

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. 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 2 storefronts at 560 Lexington 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 2021.

Storefronts registered for December 31, 2025
2
Vacant that day
1
Share vacant across Midtown
14.3%
Share vacant along Lexington Avenue
11.2%
Share vacant citywide
9.2%

Vacant on December 31, by year

  • 20190 of 2
  • 20200 of 2
  • 20211 of 2
  • 20221 of 2
  • 20231 of 2
  • 20241 of 2
  • 20251 of 2

Bars show the share of the lot's registered storefronts that stood vacant.

Own or lease out a storefront at 560 Lexington Avenue? Listing it is free, and it is matched against every active requirement for retail space in Midtown the day it goes up.

Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. 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 2025 filing was due June 1, 2026, 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 560 LEXCO LLC as the owner of record. For tax year 2026/27 the city values 560 Lexington Avenue at $116.6 million and assesses it at $52.5 million. After phase-ins and exemptions its taxable value is $52 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 $5.64 million a year before abatements, roughly $16.32 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
560 LEXCO LLC
Tax class
Class 4 (commercial and industrial)
City market value
$116,590,000
Land market value
$19,600,000
Assessed value
$52,465,500
Taxable value (phased in)
$52,018,470
Estimated yearly tax
About $5.64 million
Tax per SF of floor area
About $16.32

City market value by tax year

  • 2022/23$110.8 million
  • 2023/24$116.3 million
  • 2024/25$117 million
  • 2025/26$117.3 million
  • 2026/27$116.6 million

Market value rose 5% from 2022/23 ($110.8 million) to 2026/27.

How Midtown compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of itHow NYC commercial property tax works

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How to find who owns any NYC building

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 2026-10-16; 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 energy benchmarking (Local Law 84)

Energy score, grade and emissions

560 Lexington Avenue reported an ENERGY STAR score of 79 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a B (70 to 84). Its site energy use came to 47.6 kBtu per square foot, 36% below the national median of 74.6 for a similar property. Its greenhouse gas emissions were about 1,663 metric tons of CO2e (4.98 kg per square foot).

ENERGY STAR score (2024)
79 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Office
Site energy use intensity
47.6 kBtu/SF
National median for the type
74.6 kBtu/SF
Greenhouse gas emissions
1,663 t CO2e
Emissions per SF
4.98 kg CO2e
Floor area in the filing
333,848 SF
ENERGY STAR certified
2015, 2016, 2018, 2021

ENERGY STAR score by year

  • 202278 (B)
  • 202379 (B)
  • 202479 (B)

Energy sources in 2024

  • Electricity78%
  • District steam22%

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 2026-10-16; 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, 560 Lexington Avenue comes to about 1,210 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 2,544 tons for 2024 to 2029 (48% of the limit), so it would owe no penalty. From 2030 the limit drops to 911 tons and the same energy use counts as about 678 tons, still under the limit.

Period
2024 to 2029
Emissions limit
2,544 t CO2e
Estimated emissions
1,210 t CO2e
Under the limit by
1,334 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
911 t CO2e
Estimated emissions
678 t CO2e
Under the limit by
232 t CO2e
Estimated penalty a year
None

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Food Sales 1,512 SF; Office 330,652 SF; Food Service 1,684 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.

How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.

Own or manage 560 Lexington Avenue? 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 9 jobs at 560 Lexington Avenue. In the last two years, interior work was permitted on 12 floors (floors 1 to 3, 6, 7, 12 to 15 and 17 to 19). The newest build-out, on floor 7, was first permitted in October 2026 (construction, mechanical; filed cost estimate $1.1 million).

New jobs, last 12 months
9
Initial permits, last 12 months
40
Newest job first permitted
October 2026
Interior build-outs, last 24 months
14
Floors with interior work, last 24 months
1 to 3, 6, 7, 12 to 15 and 17 to 19
Facade and sidewalk jobs, last 24 months
3

Recent build-outs

  • Floor 7October 2026Construction, Mechanical; est. $1.1 million
  • Floor 3August 2026Construction, Plumbing, Sprinklers; est. $98,000
  • Floor 18July 2026Construction, Mechanical, Plumbing, Sprinklers; est. $424,000
  • Floors 12 to 14July 2026Construction, Mechanical, Plumbing, Sprinklers, Structural; est. $2.6 million
  • Floor 6June 2026Construction, Mechanical, Plumbing, Sprinklers; est. $331,000
  • Floor 1May 2026Construction, Plumbing; est. $30,000; signed off

The newest 6 of 14 in the last 24 months.

New jobs by year

  • 20210
  • 20227
  • 20231
  • 20240
  • 202510
  • 2026 to date8

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). 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.

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Questions about 560 Lexington Avenue

How big is 560 Lexington Avenue?

560 Lexington Avenue has about 346,000 square feet of floor area in total, including 342,000 square feet of office and 4,000 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 560 Lexington Avenue built?

City records list 1980 as the year built, with a major alteration recorded in 2014. The building is 22 floors tall.

What other addresses does 560 Lexington Avenue have?

City records list 111-121 East 50th Street and 558-564 Lexington Avenue on the same tax lot (BBL 1013050013) as 560 Lexington Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 560 Lexington Avenue?

560 Lexington Avenue is in ZIP code 10022, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 560 Lexington Avenue, New York, NY 10022, in Midtown.

What is the zoning at 560 Lexington Avenue?

The lot is in the C6-6 zoning district. PLUTO lists a built floor area ratio (FAR) of 19.93 and a maximum commercial FAR of 15 for this lot.

What subway station is closest to 560 Lexington Avenue?

The closest subway station to 560 Lexington Avenue is 51 St (the 6, E and F trains, connected to Lexington Av/53 St), about 200 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as an accessible station. Also nearby: 5 Av/53 St (the E and F trains), 5 min walk; Grand Central-42 St (the 4, 5, 6, 7 and S trains), 8 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 560 Lexington Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists 560 LEXCO LLC as the owner of record of 560 Lexington Avenue (BBL 1013050013). 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.

What is the energy grade of 560 Lexington Avenue?

560 Lexington Avenue reported an ENERGY STAR score of 79 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 79 earns a B. 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 47.6 kBtu per square foot, 36% below the national median of 74.6 for a similar property. Its greenhouse gas emissions were about 1,663 metric tons of CO2e (4.98 kg per square foot).

Does 560 Lexington Avenue meet Local Law 97?

At its 2024 energy use, 560 Lexington Avenue comes to about 1,210 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 2,544 tons for 2024 to 2029 (48% of the limit), so it would owe no penalty. From 2030 the limit drops to 911 tons and the same energy use counts as about 678 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.

Is there construction at 560 Lexington Avenue?

In the 12 months to October 2026, the Department of Buildings issued first permits for 9 jobs at 560 Lexington Avenue. In the last two years, interior work was permitted on 12 floors (floors 1 to 3, 6, 7, 12 to 15 and 17 to 19). The newest build-out, on floor 7, was first permitted in October 2026 (construction, mechanical; filed cost estimate $1.1 million). These are the Department of Buildings' DOB NOW work permits for tax lot 1013050013. 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 560 Lexington Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $52 million for 560 Lexington Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $5.64 million a year, roughly $16.32 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1013050013 show the actual bill.

What is the assessed value of 560 Lexington Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 560 Lexington Avenue at $116.6 million ($19.6 million of it land) and its assessed value at $52.5 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 5% from 2022/23 ($110.8 million) to 2026/27.

Are there vacant storefronts at 560 Lexington Avenue?

Owners registered 2 storefronts at 560 Lexington 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 2021. 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.

Is there office space for lease at 560 Lexington Avenue?

No space at 560 Lexington 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.

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