Self-storage building · Hell's Kitchen, Manhattan
622 West 51st Street
New York, NY 10019
622 West 51st Street is an 8-floor self-storage building in Hell's Kitchen, Manhattan, built in 2019, with about 126,000 square feet of industrial and storage space according to city records.
Also at 622-632 West 51st Street.
- Industrial and storage space
- 126K SF
- Floors
- 8
- Year built
- 2019
- Zoning
- M2-4
The 5th largest of the 12 industrial and storage buildings we track in Hell's Kitchen. Compare it with 6 neighbors
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Compared with its neighbors
How 622 West 51st Street compares
Next to the 6 nearest large industrial and storage buildings, all within a 6 minute walk, 622 West 51st Street ranks 2nd of 7 by industrial and storage floor area. It went up in 2019; the median neighbor dates from 1973. Its estimated property tax, about $12.93 a square foot of floor area before abatements, is above the neighbors' median of $7.35.
| Building | Industrial and storage space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 622 West 51st Street | 126K SF | 8 | 2019 | $12.93 |
| 631 West 51st Street | 36K SF | 4 | 1946 | $12.82 |
| 660 Joe Dimaggio Highway | 236K SF | 2 | 2001 | $1.89 |
| 607 West 47th Street | 52K SF | 6 | 2020 | $16.06 |
| 620 West 47th Street | 35K SF | 8 | 1911 | Exempt |
| 609 West 46th Street | 121K SF | 14 | 2025 | $0.98 |
| 536 West 46th Street | 46K SF | 5 | 1910 | Exempt |
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 address
- 622-632 West 51st Street
- ZIP code
- 10019
- Building type
- Self-storage building (city class E7)
- Total floor area
- 143,449 SF
- Commercial floor area
- 143,449 SF
- Office
- 16,989 SF
- Industrial and storage
- 126,460 SF
- Height
- 8 floors
- Average floor
- About 17,900 SF (floor area divided by floors)
- Year built
- 2019
- Lot area
- 25,150 SF
- Zoning district
- M2-4
- Built FAR
- 5.7
- Max commercial FAR
- 5
- Tax lot (BBL)
- 1010980048
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 JAFROG REALTY, LLC as the owner of record. For tax year 2026/27 the city values 622 West 51st Street at $39.5 million and assesses it at $17.8 million. After phase-ins and exemptions its taxable value is $17.1 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 $1.86 million a year before abatements, roughly $12.93 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
- JAFROG REALTY, LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $39,475,000
- Land market value
- $6,203,000
- Assessed value
- $17,763,750
- Taxable value (phased in)
- $17,100,930
- Estimated yearly tax
- About $1.86 million
- Tax per SF of floor area
- About $12.93
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.
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NYC energy benchmarking (Local Law 84)
Energy use and emissions
622 West 51st Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), 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 11.1 kBtu per square foot, 47% below the national median of 20.9 for a similar property. Its greenhouse gas emissions were about 162 metric tons of CO2e (1.08 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Self-Storage Facility
- Site energy use intensity
- 11.1 kBtu/SF
- National median for the type
- 20.9 kBtu/SF
- Greenhouse gas emissions
- 162 t CO2e
- Emissions per SF
- 1.08 kg CO2e
- Floor area in the filing
- 151,027 SF
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), 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.
Local Law 97 of 2019, estimated
Local Law 97 emissions limit
At its 2024 energy use, 622 West 51st Street comes to about 126 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 643 tons for 2024 to 2029 (20% of the limit), so it would owe no penalty. From 2030 the limit drops to 92 tons and the same energy use counts as about 76 tons, still under the limit.
- Period
- 2024 to 2029
- Emissions limit
- 643 t CO2e
- Estimated emissions
- 126 t CO2e
- Under the limit by
- 517 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 92 t CO2e
- Estimated emissions
- 76 t CO2e
- Under the limit by
- 16 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: Self-Storage Facility 151,027 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.
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Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
How much is commercial rent in NYC? Per square foot, by borough
What NYC office, retail and industrial buildings collect per square foot in each borough, from the city's own filings, with the monthly math and the costs on top of rent.
What does $/SF/yr mean? How to calculate rent per square foot
$/SF/yr is a year's rent for one square foot. How to turn it into a monthly bill, spot a monthly quote, and see what the rate leaves out before you compare spaces.
Tenant rep broker or going direct? Leasing in NYC
Should you hire a tenant rep broker or deal with landlords directly? Who pays commissions in NYC, what a tenant rep does, and how to choose one.
Questions about 622 West 51st Street
How big is 622 West 51st Street?
622 West 51st Street has about 143,000 square feet of floor area in total, including 17,000 square feet of office and 126,000 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 622 West 51st Street built?
City records list 2019 as the year built. The building is 8 floors tall.
What other addresses does 622 West 51st Street have?
City records list 622-632 West 51st Street on the same tax lot (BBL 1010980048) as 622 West 51st Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 622 West 51st Street?
622 West 51st 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 622 West 51st Street, New York, NY 10019, in Hell's Kitchen.
What is the zoning at 622 West 51st Street?
The lot is in the M2-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 5.7 and a maximum commercial FAR of 5 for this lot.
What subway station is closest to 622 West 51st Street?
The closest subway station to 622 West 51st Street is 50 St (the C and E trains), about 0.6 miles away in a straight line, roughly 12 minutes on foot. The MTA lists it as partly accessible. Also nearby: 50 St (the 1 train), 14 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), 15 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 622 West 51st Street?
The NYC Department of Finance's 2026/27 assessment roll lists JAFROG REALTY, LLC as the owner of record of 622 West 51st Street (BBL 1010980048). 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.
Does 622 West 51st Street have an energy grade?
622 West 51st Street's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), 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 11.1 kBtu per square foot, 47% below the national median of 20.9 for a similar property. Its greenhouse gas emissions were about 162 metric tons of CO2e (1.08 kg per square foot).
Does 622 West 51st Street meet Local Law 97?
At its 2024 energy use, 622 West 51st Street comes to about 126 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 643 tons for 2024 to 2029 (20% of the limit), so it would owe no penalty. From 2030 the limit drops to 92 tons and the same energy use counts as about 76 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.
What are the property taxes at 622 West 51st Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $17.1 million for 622 West 51st Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.86 million a year, roughly $12.93 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1010980048 show the actual bill.
What is the assessed value of 622 West 51st Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 622 West 51st Street at $39.5 million ($6.2 million of it land) and its assessed value at $17.8 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 13% from 2022/23 ($34.9 million) to 2026/27.
Is there industrial and storage space for lease at 622 West 51st Street?
No space at 622 West 51st 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