Office building with commercial space · Midtown, Manhattan

Goelet Building

608 Fifth Avenue, New York, NY 10020

The Goelet Building (608 Fifth Avenue) is an 11-floor office building with commercial space in Midtown, Manhattan, built in 1932, with about 84,000 square feet of office space according to city records.

Also at 606-608 Fifth Avenue and 2-6 West 49th Street.

Office space
84K SF
Floors
11
Year built
1932
Zoning
C5-3

The 255th largest of the 315 office buildings we track in Midtown. Compare it with 6 neighbors

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Compared with its neighbors

How the Goelet Building compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, the Goelet Building ranks 5th of 7 by office floor area. It went up in 1932; the median neighbor dates from 1929. Its estimated property tax, about $33.80 a square foot of floor area before abatements, is above the neighbors' median of $27.85.

The Goelet Building and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
Goelet Building, 608 Fifth AvenueThis building84K SF111932$33.80n/a
Manufacturers Hanover Trust Building, 600 Fifth Avenue1 min walk314K SF281952$18.65Feb 2011, $165M
610 Fifth Avenue1 min walk150K SF91933$32.18n/a
592 Fifth Avenue1 min walk50K SF111911$30.66n/a
6 West 48th Street1 min walk56K SF121918$20.70Nov 2023, $34.7M
609 Fifth Avenue1 min walk98K SF141925$37.20n/a
590 Fifth Avenue1 min walk87K SF181987$25.05Nov 2007, $90M
The 255th largest of the 315 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); 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 50,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Building name
Goelet Building
Other addresses
606-608 Fifth Avenue; 2-6 West 49th Street
ZIP code
10020
Building type
Office building with commercial space (city class O6)
Total floor area
127,558 SF
Commercial floor area
127,558 SF
Office
83,548 SF
Retail
44,010 SF
Height
11 floors
Average floor
About 11,600 SF (floor area divided by floors)
Year built
1932
Last major alteration
2011
Lot area
13,150 SF
Zoning district
C5-3
Built FAR
9.7
Max commercial FAR
15
Landmark status
Individual and interior landmark
Tax lot (BBL)
1012640040

Nearest subway

  • 47-50 Sts-Rockefeller Ctr3 min walk · Accessible station
  • 5 Av/53 St4 min walk · Not accessible
  • 51 St7 min walk · Accessible station · connects to Lexington Av/53 St

Nearby large buildings

All 101 large office buildings on Fifth Avenue

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; 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 2026-10-02. 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

The Department of Finance lists 608 COMPANY, LLC as the owner of record. For tax year 2026/27 the city values the Goelet Building at $88.3 million and assesses it at $39.7 million. After phase-ins and exemptions its taxable value is $39.7 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 $4.31 million a year before abatements, roughly $33.80 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
608 COMPANY, LLC
Tax class
Class 4 (commercial and industrial)
City market value
$88,326,000
Land market value
$16,600,000
Assessed value
$39,746,700
Estimated yearly tax
About $4.31 million
Tax per SF of floor area
About $33.80

City market value by tax year

  • 2022/23$118.1 million
  • 2023/24$127 million
  • 2024/25$113.4 million
  • 2025/26$115.1 million
  • 2026/27$88.3 million

Market value fell 25% from 2022/23 ($118.1 million) to 2026/27.

How Midtown compares: property tax per SF across NYC neighborhoods

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 2026-10-02; 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

The Goelet Building reported an ENERGY STAR score of 70 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 65.1 kBtu per square foot, 25% below the national median of 87.1 for a similar property. Its greenhouse gas emissions were about 837 metric tons of CO2e (6.04 kg per square foot).

ENERGY STAR score (2024)
70 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Office
Site energy use intensity
65.1 kBtu/SF
National median for the type
87.1 kBtu/SF
Greenhouse gas emissions
837 t CO2e
Emissions per SF
6.04 kg CO2e
Floor area in the filing
138,593 SF

Energy sources in 2024

  • Electricity54%
  • District steam46%

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 12 jobs at the Goelet Building. In the last two years, interior work was permitted on 3 floors (floors 5, 6 and 9). The newest build-out, on floor 6, was first permitted in August 2026 (construction, mechanical, plumbing, sprinklers; filed cost estimate $308,000).

New jobs, last 12 months
12
Initial permits, last 12 months
12
Newest job first permitted
August 2026
Interior build-outs, last 24 months
3
Floors with interior work, last 24 months
5, 6 and 9
Facade and sidewalk jobs, last 24 months
2

Recent build-outs

  • Floor 6August 2026Construction, Mechanical, Plumbing, Sprinklers; 4 jobs; est. $308,000
  • Floor 5May 2026Construction, Mechanical, Plumbing, Sprinklers; 5 jobs; est. $374,000
  • Floor 9August 2025Construction, Mechanical, Plumbing, Sprinklers; 4 jobs; est. $99,000

New jobs by year

  • 202127
  • 202222
  • 20238
  • 202410
  • 20256
  • 2026 to date9

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.

Landmarks Preservation Commission records

Architecture and history

The Goelet Building was designed by Victor L. S. Hafner, Edward Hall Faile (engineer) and built in 1930-1932 in the Art Deco style. The Landmarks Preservation Commission designated it a New York City landmark on January 14, 1992. The Commission also designated part of its interior an interior landmark on January 14, 1992.

Architect
Victor L. S. Hafner, Edward Hall Faile (engineer)
Constructed
1930-1932
Style
Art Deco
Primary material
Steel frame
Built as
Office building
City landmark
Goelet Building: individual landmark, designated January 14, 1992 (LP-01810)
City landmark
Goelet Building (Interior): interior landmark, designated January 14, 1992 (LP-01811)

Source: NYC Landmarks Preservation Commission, Individual Landmark Sites, Designated and Calendared Buildings and Sites and Individual Landmark and Historic District Building Database on NYC Open Data, pulled 2026-10-02. A designation can cover part of a lot, such as a facade or a lobby interior.

Office space nearby in Midtown

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Questions about Goelet Building

How big is the Goelet Building?

The Goelet Building has about 128,000 square feet of floor area in total, including 84,000 square feet of office and 44,000 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 the Goelet Building built?

The Landmarks Preservation Commission's building records date the Goelet Building to 1930-1932, designed by Victor L. S. Hafner, Edward Hall Faile (engineer). The building is 11 floors tall.

Who designed the Goelet Building?

Victor L. S. Hafner, Edward Hall Faile (engineer), according to the Landmarks Preservation Commission's building records, which list the style as Art Deco and its original use as an office building.

Is the Goelet Building a New York City landmark?

Yes. The Landmarks Preservation Commission designated the Goelet Building an individual landmark on January 14, 1992 (LP-01810). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Commission.

What is the address of the Goelet Building?

The Goelet Building is at 608 Fifth Avenue in Midtown, Manhattan. City records list 606-608 Fifth Avenue and 2-6 West 49th Street on the same tax lot (BBL 1012640040). A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 608 Fifth Avenue?

608 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 Goelet Building is at 608 Fifth Avenue, New York, NY 10020, in Midtown.

What is the zoning at the Goelet Building?

The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 9.7 and a maximum commercial FAR of 15 for this lot.

What subway station is closest to the Goelet Building?

The closest subway station to the Goelet Building is 47-50 Sts-Rockefeller Ctr (the B, D, F and M trains), about 900 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), 4 min walk; 51 St (the 6, E and F trains, connected to Lexington Av/53 St), 7 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns the Goelet Building?

The NYC Department of Finance's 2026/27 assessment roll lists 608 COMPANY, LLC as the owner of record of the Goelet Building (BBL 1012640040). 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 the Goelet Building?

The Goelet Building reported an ENERGY STAR score of 70 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 70 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 65.1 kBtu per square foot, 25% below the national median of 87.1 for a similar property. Its greenhouse gas emissions were about 837 metric tons of CO2e (6.04 kg per square foot).

Is there construction at the Goelet Building?

In the 12 months to September 2026, the Department of Buildings issued first permits for 12 jobs at the Goelet Building. In the last two years, interior work was permitted on 3 floors (floors 5, 6 and 9). The newest build-out, on floor 6, was first permitted in August 2026 (construction, mechanical, plumbing, sprinklers; filed cost estimate $308,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1012640040. 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 Goelet Building?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $39.7 million for the Goelet Building. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $4.31 million a year, roughly $33.80 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012640040 show the actual bill.

What is the assessed value of the Goelet Building?

For tax year 2026/27, the NYC Department of Finance puts the market value of the Goelet Building at $88.3 million ($16.6 million of it land) and its assessed value at $39.7 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 25% from 2022/23 ($118.1 million) to 2026/27.

Is there office space for lease at the Goelet Building?

No space at 608 Fifth Avenue 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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