Office building · Hell's Kitchen, Manhattan
601 West 50th Street
New York, NY 10019
601 West 50th Street is a 6-floor office building in Hell's Kitchen, Manhattan, built in 1940, with about 104,000 square feet of office space according to city records.
Also at 703-709 Eleventh Avenue and 601-603 West 50th Street.
- Office space
- 104K SF
- Floors
- 6
- Year built
- 1940
- Zoning
- M2-4
The 10th largest of the 18 office buildings we track in Hell's Kitchen. Compare it with 6 neighbors
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Compared with its neighbors
How 601 West 50th Street compares
Next to the 6 nearest large office buildings, all within a 5 minute walk, 601 West 50th Street ranks 5th of 7 by office floor area. Built in 1940, it is the newest of them. Its estimated property tax, about $10.40 a square foot of floor area before abatements, is below the neighbors' median of $12.16.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 601 West 50th Street | 104K SF | 6 | 1940 | $10.40 | Sep 2026, $60M (2 lots) |
| 609 West 51st Street | 122K SF | 7 | 1924 | $11.64 | n/a |
| 514 West 49th Street | 102K SF | 4 | 1920 | Exempt | n/a |
| 636 Eleventh Avenue | 530K SF | 11 | 1917 | $19.51 | Apr 2005, $95M |
| 787 Eleventh Avenue | 370K SF | 10 | 1929 | $18.66 | n/a |
| 619 West 54th Street | 320K SF | 10 | 1900 | $9.80 | Oct 2012, $112M |
| 535 West 45th Street | 93K SF | 11 | 1930 | $12.16 | 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
- Other addresses
- 703-709 Eleventh Avenue; 601-603 West 50th Street
- ZIP code
- 10019
- Building type
- Office building (city class O2)
- Total floor area
- 103,788 SF
- Commercial floor area
- 103,788 SF
- Office
- 103,788 SF
- Height
- 6 floors
- Average floor
- About 17,300 SF (floor area divided by floors)
- Year built
- 1940
- Last major alteration
- 2023
- Lot area
- 17,573 SF
- Zoning district
- M2-4
- Built FAR
- 5.91
- Max commercial FAR
- 5
- Tax lot (BBL)
- 1010980029
Nearest subway
- 50 St
- 50 St
- 42 St-Port Authority Bus Terminal
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 Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists BCAL 707 PROPERTY LLC as the owner of record. For tax year 2026/27 the city values 601 West 50th Street at $24.4 million and assesses it at $11 million. After phase-ins and exemptions its taxable value is $9.95 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 $1.08 million a year before abatements, roughly $10.40 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
- BCAL 707 PROPERTY LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $24,385,000
- Land market value
- $3,040,000
- Assessed value
- $10,973,250
- Taxable value (phased in)
- $9,949,680
- Estimated yearly tax
- About $1.08 million
- Tax per SF of floor area
- About $10.40
City market value by tax year
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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 601 West 50th Street? 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
601 West 50th Street last sold in September 2026 in a $60 million sale that covered 2 tax lots, this one among them, according to the deed recorded with the city. The seller of record was BCAL 707 PROPERTY LLC.
- Last sale (deed date)
- September 9, 2026
- Combined price
- $60,000,000 for 2 tax lots
- Seller
- BCAL 707 PROPERTY LLC
- Deed recorded
- September 16, 2026
- ACRIS document
- 2026091400232001
Recorded sales
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; a price for several tax lots is the combined price, not this building's alone.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 601 West 50th Street in the 12 months to October 2026; the last one was first permitted in February 2023.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- February 2023
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across Hell's KitchenWhere 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.
No office space listed in Hell's Kitchen yet
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Questions about 601 West 50th Street
How big is 601 West 50th Street?
601 West 50th Street has about 104,000 square feet of floor area in total, including 104,000 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 601 West 50th Street built?
City records list 1940 as the year built, with a major alteration recorded in 2023. The building is 6 floors tall.
What other addresses does 601 West 50th Street have?
City records list 703-709 Eleventh Avenue and 601-603 West 50th Street on the same tax lot (BBL 1010980029) as 601 West 50th Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 601 West 50th Street?
601 West 50th Street is in ZIP code 10019, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 601 West 50th Street, New York, NY 10019, in Hell's Kitchen.
What is the zoning at 601 West 50th Street?
The lot is in the M2-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 5.91 and a maximum commercial FAR of 5 for this lot.
What subway station is closest to 601 West 50th Street?
The closest subway station to 601 West 50th Street is 50 St (the C and E trains), about 0.5 miles away in a straight line, roughly 11 minutes on foot. The MTA lists it as partly accessible. Also nearby: 50 St (the 1 train), 13 min walk; 42 St-Port Authority Bus Terminal (the A, C, E, 1, 2, 3, 7, N, Q, R, W and S trains, connected to Times Sq-42 St), 14 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 601 West 50th Street?
The NYC Department of Finance's 2026/27 assessment roll lists BCAL 707 PROPERTY LLC as the owner of record of 601 West 50th Street (BBL 1010980029). 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.
When was 601 West 50th Street last sold?
601 West 50th Street last sold in September 2026 in a $60 million sale that covered 2 tax lots, this one among them, according to the deed recorded with the city. The seller of record was BCAL 707 PROPERTY LLC. The deed is ACRIS document 2026091400232001 (BBL 1010980029) 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.
Is there construction at 601 West 50th Street?
The Department of Buildings issued no permits for new jobs at 601 West 50th Street in the 12 months to October 2026; the last one was first permitted in February 2023. These are the Department of Buildings' DOB NOW work permits for tax lot 1010980029. 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 601 West 50th Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $9.95 million for 601 West 50th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.08 million a year, roughly $10.40 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1010980029 show the actual bill.
What is the assessed value of 601 West 50th Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 601 West 50th Street at $24.4 million ($3.04 million of it land) and its assessed value at $11 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 14% from 2022/23 ($21.3 million) to 2026/27.
Is there office space for lease at 601 West 50th Street?
No space at 601 West 50th 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.
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Hell's Kitchen
Transit hubs in Hell's Kitchen
- C E at 50 St
- 1 at 50 St
- A C E at 42 St-Port Authority