Commercial condominium · Flatiron, Manhattan

590 Avenue of the Americas

New York, NY 10011

590 Avenue of the Americas is a 16-floor commercial condominium in Flatiron, Manhattan, built in 1988, with about 50,000 square feet of office space according to city records.

Also at 56-64 West 17th Street.

Office space
50K SF
Floors
16
Year built
1988
Zoning
C6-2A

The 72nd largest of the 75 office buildings we track in Flatiron. Compare it with 6 neighbors

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Compared with its neighbors

How 590 Avenue of the Americas compares

Next to the 6 nearest large office buildings, all within a 2 minute walk, 590 Avenue of the Americas is the smallest by office floor area. Built in 1988, it is the newest of them. Its estimated property tax, about $0.15 a square foot of floor area before abatements, is below the neighbors' median of $11.35.

590 Avenue of the Americas and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
590 Avenue of the AmericasThis building50K SF161988$0.15
50 West 17th Street1 min walk67K SF121911$11.51
47 West 17th Street1 min walk165K SF121907$10.58
26 West 17th Street1 min walk101K SF121908$9.17
620 Avenue of the Americas2 min walk211K SF71900$18.60
18 West 18th Street2 min walk158K SF111904$11.19
615 Avenue of the Americas2 min walk77K SF51877$31.33
The 72nd largest of the 75 office buildings we track in Flatiron: 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 50,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other address
56-64 West 17th Street
ZIP code
10011
Building type
Commercial condominium (city class RC)
Total floor area
144,461 SF
Commercial floor area
144,461 SF
Office
50,046 SF
Height
16 floors
Year built
1988
Lot area
19,209 SF
Zoning district
C6-2A
Built FAR
7.52
Max commercial FAR
6
Tax lot (BBL)
1008187501

Nearest subway

  • 14 St1 min walk · Accessible station · connects to 6 Av
  • 18 St4 min walk · Not accessible
  • 23 St6 min walk · Not accessible

Nearby large buildings

All 57 large office buildings on Avenue of the Americas

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 Department of Finance records

Owner, property tax and assessed value

590 Avenue of the Americas is a condominium of 2 tax lots. NEW YORK CITY SCHOOL CONSTRUCTION AUTHOR ITY, one of 2 owners of record on the roll, owns the units that make up 67% of its market value. For tax year 2026/27 the city values 590 Avenue of the Americas at $67.1 million and assesses it at $30.2 million. After phase-ins and exemptions its taxable value is $197,434; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $21,418 a year before abatements, roughly $0.15 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.

Largest unit owner
NEW YORK CITY SCHOOL CONSTRUCTION AUTHOR ITY (67% of market value)
Tax class
Class 4 (commercial and industrial)
City market value
$67,139,160
Land market value
$12,400,000
Assessed value
$30,212,622
Exemptions
$30,015,188
Estimated yearly tax
About $21,418
Tax per SF of floor area
About $0.15
Condominium tax lots
2
Owners of record
2

City market value by tax year

  • 2022/23$60.1 million
  • 2023/24$64.1 million
  • 2024/25$65.8 million
  • 2025/26$67.4 million
  • 2026/27$67.1 million

Market value rose 12% from 2022/23 ($60.1 million) to 2026/27.

How Flatiron compares: property tax per SF across NYC neighborhoods

Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll, summed over 2 condominium tax lots; 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 energy benchmarking (Local Law 84)

Energy score, grade and emissions

590 Avenue of the Americas reported an ENERGY STAR score of 38 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 66.1 kBtu per square foot, 14% above the national median of 57.9 for a similar property. Its greenhouse gas emissions were about 1,059 metric tons of CO2e (6.09 kg per square foot).

ENERGY STAR score (2024)
38 of 100
Grade this score earns (Local Law 33)
D (under 55)
Property type (Portfolio Manager)
K-12 School
Site energy use intensity
66.1 kBtu/SF
National median for the type
57.9 kBtu/SF
Greenhouse gas emissions
1,059 t CO2e
Emissions per SF
6.09 kg CO2e
Floor area in the filing
173,968 SF

ENERGY STAR score by year

  • 202229 (D)
  • 202336 (D)
  • 202438 (D)

Energy sources in 2024

  • Electricity63%
  • Natural gas37%

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 2026-10-02; 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

In the 12 months to September 2026, the Department of Buildings issued first permits for 2 jobs at 590 Avenue of the Americas. In the last two years, interior work was permitted on the cellar. The newest build-out, on the cellar and the open space, was first permitted in December 2025 (construction; filed cost estimate $733,000).

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

Recent build-outs

  • Cellar, open spaceDecember 2025Construction; est. $733,000

New jobs by year

  • 20211
  • 20221
  • 20230
  • 20244
  • 20252
  • 2026 to date0

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.

Office space nearby in Flatiron

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 Flatiron yet. These labeled examples show what tenants post. List a space in 590 Avenue of the Americas and we match it against every new one automatically.

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Questions about 590 Avenue of the Americas

How big is 590 Avenue of the Americas?

590 Avenue of the Americas has about 144,000 square feet of floor area in total, including 50,000 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 590 Avenue of the Americas built?

City records list 1988 as the year built. The building is 16 floors tall.

What other addresses does 590 Avenue of the Americas have?

City records list 56-64 West 17th Street on the same tax lot (BBL 1008187501) as 590 Avenue of the Americas. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 590 Avenue of the Americas?

590 Avenue of the Americas is in ZIP code 10011, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 590 Avenue of the Americas, New York, NY 10011, in Flatiron.

What is the zoning at 590 Avenue of the Americas?

The lot is in the C6-2A zoning district. PLUTO lists a built floor area ratio (FAR) of 7.52 and a maximum commercial FAR of 6 for this lot.

What subway station is closest to 590 Avenue of the Americas?

The closest subway station to 590 Avenue of the Americas is 14 St (the 1, 2, 3, F, M and L trains, connected to 6 Av), about 350 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as an accessible station. Also nearby: 18 St (the 1 train), 4 min walk; 23 St (the F and M trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 590 Avenue of the Americas?

590 Avenue of the Americas is a condominium of 2 tax lots. NEW YORK CITY SCHOOL CONSTRUCTION AUTHOR ITY, one of 2 owners of record on the roll, owns the units that make up 67% of its market value. That is from the NYC Department of Finance's 2026/27 assessment roll (BBL 1008187501). Deeds and mortgages for each unit are public in ACRIS, the city's property records system.

What is the energy grade of 590 Avenue of the Americas?

590 Avenue of the Americas reported an ENERGY STAR score of 38 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 38 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 66.1 kBtu per square foot, 14% above the national median of 57.9 for a similar property. Its greenhouse gas emissions were about 1,059 metric tons of CO2e (6.09 kg per square foot).

Is there construction at 590 Avenue of the Americas?

In the 12 months to September 2026, the Department of Buildings issued first permits for 2 jobs at 590 Avenue of the Americas. In the last two years, interior work was permitted on the cellar. The newest build-out, on the cellar and the open space, was first permitted in December 2025 (construction; filed cost estimate $733,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008187501. 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 590 Avenue of the Americas?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $197,434 for 590 Avenue of the Americas (the sum of its 2 condominium tax lots). At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $21,418 a year, roughly $0.15 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008187501 show the actual bill.

What is the assessed value of 590 Avenue of the Americas?

For tax year 2026/27, the NYC Department of Finance puts the market value of 590 Avenue of the Americas at $67.1 million ($12.4 million of it land) and its assessed value at $30.2 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 12% from 2022/23 ($60.1 million) to 2026/27.

Is there office space for lease at 590 Avenue of the Americas?

No space at 590 Avenue of the Americas 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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