Office building · Midtown, Manhattan
Manufacturers Hanover Trust Building
600 Fifth Avenue, New York, NY 10020
The Manufacturers Hanover Trust Building (600 Fifth Avenue) is a 28-floor office building in Midtown, Manhattan, built in 1952, with about 314,000 square feet of office space according to city records.
Also at 1-7 West 48th Street.
- Office space
- 314K SF
- Floors
- 28
- Year built
- 1952
- Zoning
- C5-3
The 124th largest of the 351 office buildings we track in Midtown. Compare it with 6 neighbors
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Compared with its neighbors
How the Manufacturers Hanover Trust Building compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, the Manufacturers Hanover Trust Building ranks 2nd of 7 by office floor area. It went up in 1952; the median neighbor dates from 1922. Its estimated property tax, about $18.65 a square foot of floor area before abatements, is below the neighbors' median of $27.85.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| Manufacturers Hanover Trust Building, 600 Fifth Avenue | 314K SF | 28 | 1952 | $18.65 | Feb 2011, $165M |
| Goelet Building, 608 Fifth Avenue | 84K SF | 11 | 1932 | $33.80 | n/a |
| 592 Fifth Avenue | 50K SF | 11 | 1911 | $30.66 | n/a |
| 6 West 48th Street | 56K SF | 12 | 1918 | $20.70 | Nov 2023, $34.7M |
| 590 Fifth Avenue | 87K SF | 18 | 1987 | $25.05 | Nov 2007, $90M |
| Scribner Building, 597 Fifth Avenue | 39K SF | 12 | 1913 | $42.27 | Mar 2026, $54M |
| 580 Fifth Avenue | 353K SF | 32 | 1927 | $22.25 | n/a |
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
- Building name
- Manufacturers Hanover Trust Building
- Other address
- 1-7 West 48th Street
- ZIP code
- 10020
- Building type
- Office building (city class O4)
- Total floor area
- 389,438 SF
- Commercial floor area
- 389,438 SF
- Office
- 313,588 SF
- Retail
- 64,886 SF
- Industrial and storage
- 10,964 SF
- Height
- 28 floors
- Average floor
- About 13,900 SF (floor area divided by floors)
- Year built (tax records)
- 1949
- Lot area
- 19,875 SF
- Zoning district
- C5-3
- Built FAR
- 19.59
- Max commercial FAR
- 15
- Landmark status
- Individual landmark
- Tax lot (BBL)
- 1012640030
Nearest subway
- 47-50 Sts-Rockefeller Ctr
- 5 Av/53 St
- 5 Av
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; building name from the NYC Landmarks Preservation Commission (below); 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 11 storefronts at the Manufacturers Hanover Trust Building for December 31, 2025, the newest annual filing the city has published, and 2 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2022.
- Storefronts registered for December 31, 2025
- 11
- Vacant that day
- 2
- Share vacant here
- 18.2%
- Share vacant across Midtown
- 14.3%
- Share vacant along Fifth Avenue
- 14.0%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Own or lease out a storefront at 600 Fifth 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 RCPI 600 FIFTH HOLDINGS, L.L.C. as the owner of record. For tax year 2026/27 the city values the Manufacturers Hanover Trust Building at $155.5 million and assesses it at $70 million. After phase-ins and exemptions its taxable value is $66.9 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 $7.26 million a year before abatements, roughly $18.65 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
- RCPI 600 FIFTH HOLDINGS, L.L.C.
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $155,506,000
- Land market value
- $33,800,000
- Assessed value
- $69,977,700
- Taxable value (phased in)
- $66,940,200
- Estimated yearly tax
- About $7.26 million
- Tax per SF of floor area
- About $18.65
City market value by tax year
Manage or lease this building? Claim this page. Requests are reviewed by hand.
How to find who owns any NYC buildingSource: 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.
Own or manage 600 Fifth Avenue? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
NYC property records (ACRIS)
Sales history
The Manufacturers Hanover Trust Building last sold in February 2011 for $165 million, according to the deed recorded with the city. COLLEGIATE ASSET MANAGEMENT CORP. sold it to RCPI 600 FIFTH HOLDINGS, L.L.C.. That comes to about $424 per square foot of floor area.
- Last sale (deed date)
- February 2, 2011
- Price
- $165,000,000
- Price per SF of floor area
- About $424
- Seller
- COLLEGIATE ASSET MANAGEMENT CORP.
- Buyer
- RCPI 600 FIFTH HOLDINGS, L.L.C.
- Deed recorded
- February 22, 2011
- ACRIS document
- 2011020700861001
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; 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.
SEC filings (EDGAR)
Companies with offices here
2 investment managers and funds give 600 Fifth Avenue as their office address in SEC filings.
Investment managers and funds
Source: U.S. Securities and Exchange Commission, EDGAR, Financial Statement Data Sets (2025 Q4 to 2026 Q3) and Form 13F Data Sets (through August 2026), pulled 2026-10-24; names as filed. The address is the one each company reports to the SEC. This is not a tenant roster: private companies and most smaller firms do not file with the SEC, a company can report a building it owns, and an address can trail a move by a quarter. Care-of addresses, blank check companies and asset-backed issuers are left out.
Have space to sublease at 600 Fifth Avenue? List it free and we match it against every active requirement.
NYC energy benchmarking (Local Law 84)
Energy use and emissions
The Manufacturers Hanover Trust Building's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (a campus of several buildings cannot get a score), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 87.9 kBtu per square foot, 76% above the national median of 49.9 for a similar property. Its greenhouse gas emissions were about 71,221 metric tons of CO2e (8.84 kg per square foot). The filing covers 6 tax lots together, so these figures are for the whole property.
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 87.9 kBtu/SF
- National median for the type
- 49.9 kBtu/SF
- Greenhouse gas emissions
- 71,221 t CO2e
- Emissions per SF
- 8.84 kg CO2e
- Floor area in the filing
- 8,053,115 SF
- Tax lots in the filing
- 6
Energy sources in 2024
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, one filing for 6 tax lots), 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.
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 4 jobs at the Manufacturers Hanover Trust Building. In the last two years, interior work was permitted on 6 floors (floors 1, 10, 16, 19, 21 and 26, the cellar and the underground). The newest build-out, on floor 19, was first permitted in February 2026 (construction, mechanical, plumbing, sprinklers; filed cost estimate $320,000).
- New jobs, last 12 months
- 4
- Initial permits, last 12 months
- 9
- Newest job first permitted
- April 2026
- Interior build-outs, last 24 months
- 9
- Floors with interior work, last 24 months
- 1, 10, 16, 19, 21 and 26, cellar, underground
- Facade and sidewalk jobs, last 24 months
- 3
Recent build-outs
New jobs by year
Build-outs across MidtownWhere NYC offices are being built out
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.
Landmarks Preservation Commission records
Architecture and history
The Manufacturers Hanover Trust Building was designed by Carson & Lundin and built in 1950-1952. The Landmarks Preservation Commission designated it (as the Manufacturers Hanover Trust Company Building) a New York City landmark on April 23, 1985.
- Architect
- Carson & Lundin
- Constructed
- 1950-1952
- Primary material
- Limestone
- Built as
- Office building
- City landmark
- Manufacturers Hanover Trust Company Building: individual landmark, designated April 23, 1985 (LP-01447)
Source: NYC Landmarks Preservation Commission, Designated and Calendared Buildings and Sites and Individual Landmark and Historic District Building Database on NYC Open Data, pulled 2026-10-16. A designation can cover part of a lot, such as a facade or a lobby interior.
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Questions about Manufacturers Hanover Trust Building
How big is the Manufacturers Hanover Trust Building?
The Manufacturers Hanover Trust Building has about 389,000 square feet of floor area in total, including 314,000 square feet of office, 65,000 square feet of retail and 11,000 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.
When was the Manufacturers Hanover Trust Building built?
The Landmarks Preservation Commission's building records date the Manufacturers Hanover Trust Building to 1950-1952, designed by Carson & Lundin. City tax records list 1949 as the year built. The building is 28 floors tall.
Who designed the Manufacturers Hanover Trust Building?
Carson & Lundin, according to the Landmarks Preservation Commission's building records and its original use as an office building.
Is the Manufacturers Hanover Trust Building a New York City landmark?
Yes. The Landmarks Preservation Commission designated the Manufacturers Hanover Trust Company Building an individual landmark on April 23, 1985 (LP-01447). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Commission.
What is the address of the Manufacturers Hanover Trust Building?
The Manufacturers Hanover Trust Building is at 600 Fifth Avenue in Midtown, Manhattan. City records list 1-7 West 48th Street on the same tax lot (BBL 1012640030). A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 600 Fifth Avenue?
600 Fifth Avenue is in ZIP code 10020, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The Manufacturers Hanover Trust Building is at 600 Fifth Avenue, New York, NY 10020, in Midtown.
What is the zoning at the Manufacturers Hanover Trust Building?
The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 19.59 and a maximum commercial FAR of 15 for this lot.
What subway station is closest to the Manufacturers Hanover Trust Building?
The closest subway station to the Manufacturers Hanover Trust Building is 47-50 Sts-Rockefeller Ctr (the B, D, F and M trains), about 850 feet away in a straight line, roughly 3 minutes on foot. The MTA lists it as an accessible station. Also nearby: 5 Av/53 St (the E and F trains), 5 min walk; 5 Av (the 7, B, D, F and M trains, connected to 42 St-Bryant Pk), 7 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns the Manufacturers Hanover Trust Building?
The NYC Department of Finance's 2026/27 assessment roll lists RCPI 600 FIFTH HOLDINGS, L.L.C. as the owner of record of the Manufacturers Hanover Trust Building (BBL 1012640030). 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.
Who are the tenants at the Manufacturers Hanover Trust Building?
Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at the Manufacturers Hanover Trust Building. 2 investment managers and funds file 13F holdings reports from the address: Bridgewater Advisors Inc. and Electrum Group LLC. 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.
When was the Manufacturers Hanover Trust Building last sold?
The Manufacturers Hanover Trust Building last sold in February 2011 for $165 million, according to the deed recorded with the city. COLLEGIATE ASSET MANAGEMENT CORP. sold it to RCPI 600 FIFTH HOLDINGS, L.L.C.. That comes to about $424 per square foot of floor area. The deed is ACRIS document 2011020700861001 (BBL 1012640030) 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.
Does the Manufacturers Hanover Trust Building have an energy grade?
The Manufacturers Hanover Trust Building's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (a campus of several buildings cannot get a score), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 87.9 kBtu per square foot, 76% above the national median of 49.9 for a similar property. Its greenhouse gas emissions were about 71,221 metric tons of CO2e (8.84 kg per square foot). The filing covers 6 tax lots together, so these figures are for the whole property.
Is there construction at the Manufacturers Hanover Trust Building?
In the 12 months to October 2026, the Department of Buildings issued first permits for 4 jobs at the Manufacturers Hanover Trust Building. In the last two years, interior work was permitted on 6 floors (floors 1, 10, 16, 19, 21 and 26, the cellar and the underground). The newest build-out, on floor 19, was first permitted in February 2026 (construction, mechanical, plumbing, sprinklers; filed cost estimate $320,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1012640030. 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 the Manufacturers Hanover Trust Building?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $66.9 million for the Manufacturers Hanover Trust Building. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $7.26 million a year, roughly $18.65 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012640030 show the actual bill.
What is the assessed value of the Manufacturers Hanover Trust Building?
For tax year 2026/27, the NYC Department of Finance puts the market value of the Manufacturers Hanover Trust Building at $155.5 million ($33.8 million of it land) and its assessed value at $70 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 3% from 2022/23 ($150.4 million) to 2026/27.
Are there vacant storefronts at the Manufacturers Hanover Trust Building?
Owners registered 11 storefronts at the Manufacturers Hanover Trust Building for December 31, 2025, the newest annual filing the city has published, and 2 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2022. 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 the Manufacturers Hanover Trust Building?
No space at 600 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.
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