Office building · Grand Central, Manhattan
675 Third Avenue
New York, NY 10017
675 Third Avenue is a 31-floor office building in Grand Central, Manhattan, built in 1966, with about 279,000 square feet of office space according to city records.
Also at 201-203 East 42nd Street, 202 East 43rd Street and 661-677 Third Avenue.
- Office space
- 279K SF
- Floors
- 31
- Year built
- 1966
- Zoning
- C5-3
The 38th largest of the 83 office buildings we track in Grand Central. Compare it with 6 neighbors
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Compared with its neighbors
How 675 Third Avenue compares
Next to the 6 nearest large office buildings, all within a 2 minute walk, 675 Third Avenue ranks 6th of 7 by office floor area. Built in 1966, it is the newest of them. Its estimated property tax, about $14.08 a square foot of floor area before abatements, is below the neighbors' median of $15.99.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 675 Third Avenue | 279K SF | 31 | 1966 | $14.08 | Apr 2025, $100M |
| 666 Third Avenue | 633K SF | 32 | 1952 | $22.05 | n/a |
| 685 Third Avenue | 534K SF | 27 | 1960 | $18.06 | Oct 2017, $468M |
| 211 East 43rd Street | 160K SF | 24 | 1928 | $13.89 | n/a |
| 655 Third Avenue | 360K SF | 28 | 1958 | $15.53 | n/a |
| Socony-Mobil Building, 150 East 42nd Street | 1.2M SF | 42 | 1956 | $15.99 | n/a |
| Chrysler Building, 395 Lexington Avenue | 992K SF | 77 | 1930 | Exempt | 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
- 201-203 East 42nd Street; 202 East 43rd Street; 661-677 Third Avenue
- ZIP code
- 10017
- Building type
- Office building (city class O4)
- Total floor area
- 289,356 SF
- Commercial floor area
- 289,356 SF
- Office
- 279,338 SF
- Retail
- 10,018 SF
- Height
- 31 floors
- Average floor
- About 9,300 SF (floor area divided by floors)
- Year built
- 1966
- Last major alteration
- 2025
- Lot area
- 18,578 SF
- Zoning district
- C5-3
- Built FAR
- 15.58
- Max commercial FAR
- 15
- Tax lot (BBL)
- 1013160001
Nearest subway
- Grand Central-42 St
- 51 St
- 5 Av
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 storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered 2 storefronts at 675 Third Avenue for December 31, 2025, the newest annual filing the city has published, and 1 of them stood vacant that day.
- Storefronts registered for December 31, 2025
- 2
- Vacant that day
- 1
- Share vacant across Grand Central
- 19.7%
- Share vacant along Third Avenue
- 14.6%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Own or lease out a storefront at 675 Third Avenue? Listing it is free, and it is matched against every active requirement for retail space in Grand Central 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 675 THIRD OWNER LLC as the owner of record. For tax year 2026/27 the city values 675 Third Avenue at $83.6 million and assesses it at $37.6 million. After phase-ins and exemptions its taxable value is $37.5 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 $4.07 million a year before abatements, roughly $14.08 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
- 675 THIRD OWNER LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $83,556,000
- Land market value
- $26,500,000
- Assessed value
- $37,600,200
- Taxable value (phased in)
- $37,548,516
- Estimated yearly tax
- About $4.07 million
- Tax per SF of floor area
- About $14.08
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 675 Third 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
675 Third Avenue last sold in April 2025 for $100.3 million, according to the deed recorded with the city. DOLP 675 PROPERTIES II LLC sold it to 675 THIRD OWNER LLC. That comes to about $346 per square foot of floor area.
- Last sale (deed date)
- April 1, 2025
- Price
- $100,250,000
- Price per SF of floor area
- About $346
- Seller
- DOLP 675 PROPERTIES II LLC
- Buyer
- 675 THIRD OWNER LLC
- Deed recorded
- April 16, 2025
- ACRIS document
- 2025041100218011
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.
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 5 jobs at 675 Third Avenue. In the last two years, interior work was permitted on 31 floors (floors 1 to 31 and the cellar). The newest build-out, on floors 1 to 3, 14, 15 and 20 to 22 and the cellar, was first permitted in June 2026 (construction, plumbing, sprinklers, standpipe; filed cost estimate $44 million). A sidewalk shed permit here is active until April 1, 2027.
- New jobs, last 12 months
- 5
- Initial permits, last 12 months
- 14
- Newest job first permitted
- July 2026
- Interior build-outs, last 24 months
- 2
- Floors with interior work, last 24 months
- 1 to 31, cellar
- Facade and sidewalk jobs, last 24 months
- 3
- Sidewalk shed permit
- Active until Apr 1, 2027
Recent build-outs
New jobs by year
Build-outs across Grand CentralWhere 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 Grand Central yet
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Questions about 675 Third Avenue
How big is 675 Third Avenue?
675 Third Avenue has about 289,000 square feet of floor area in total, including 279,000 square feet of office and 10,000 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 675 Third Avenue built?
City records list 1966 as the year built, with a major alteration recorded in 2025. The building is 31 floors tall.
What other addresses does 675 Third Avenue have?
City records list 201-203 East 42nd Street, 202 East 43rd Street and 661-677 Third Avenue on the same tax lot (BBL 1013160001) as 675 Third Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 675 Third Avenue?
675 Third Avenue is in ZIP code 10017, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 675 Third Avenue, New York, NY 10017, in Grand Central.
What is the zoning at 675 Third Avenue?
The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 15.58 and a maximum commercial FAR of 15 for this lot.
What subway station is closest to 675 Third Avenue?
The closest subway station to 675 Third Avenue is Grand Central-42 St (the 4, 5, 6, 7 and S trains), about 600 feet away in a straight line, roughly 2 minutes on foot. The MTA lists it as an accessible station. Also nearby: 51 St (the 6, E and F trains, connected to Lexington Av/53 St), 9 min walk; 5 Av (the 7, B, D, F and M trains, connected to 42 St-Bryant Pk), 9 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 675 Third Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists 675 THIRD OWNER LLC as the owner of record of 675 Third Avenue (BBL 1013160001). 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 675 Third Avenue last sold?
675 Third Avenue last sold in April 2025 for $100.3 million, according to the deed recorded with the city. DOLP 675 PROPERTIES II LLC sold it to 675 THIRD OWNER LLC. That comes to about $346 per square foot of floor area. The deed is ACRIS document 2025041100218011 (BBL 1013160001) 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 675 Third Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 5 jobs at 675 Third Avenue. In the last two years, interior work was permitted on 31 floors (floors 1 to 31 and the cellar). The newest build-out, on floors 1 to 3, 14, 15 and 20 to 22 and the cellar, was first permitted in June 2026 (construction, plumbing, sprinklers, standpipe; filed cost estimate $44 million). A sidewalk shed permit here is active until April 1, 2027. These are the Department of Buildings' DOB NOW work permits for tax lot 1013160001. 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 675 Third Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $37.5 million for 675 Third Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $4.07 million a year, roughly $14.08 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1013160001 show the actual bill.
What is the assessed value of 675 Third Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 675 Third Avenue at $83.6 million ($26.5 million of it land) and its assessed value at $37.6 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 13% from 2022/23 ($95.5 million) to 2026/27.
Are there vacant storefronts at 675 Third Avenue?
Owners registered 2 storefronts at 675 Third Avenue for December 31, 2025, the newest annual filing the city has published, and 1 of them stood vacant that day. 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 675 Third Avenue?
No space at 675 Third 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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