Office building · Midtown, Manhattan

695 Lexington Avenue

New York, NY 10022

695 Lexington Avenue is a 20-floor office building in Midtown, Manhattan, built in 1931, with about 96,000 square feet of office space according to city records.

Also at 136 East 57th Street and 691-695 Lexington Avenue.

Office space
96K SF
Floors
20
Year built
1931
Zoning
C5-2

The 245th largest of the 315 office buildings we track in Midtown. Compare it with 6 neighbors

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Compared with its neighbors

How 695 Lexington Avenue compares

Next to the 6 nearest large office buildings, all within a 2 minute walk, 695 Lexington Avenue ranks 5th of 7 by office floor area. It went up in 1931; the median neighbor dates from 1972. Its estimated property tax, about $12.89 a square foot of floor area before abatements, is below the neighbors' median of $16.49.

695 Lexington Avenue and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
695 Lexington AvenueThis building96K SF201931$12.89n/a
145 East 57th Street1 min walk54K SF131926$16.48Oct 2016, $62.8M
950 Third Avenue1 min walk308K SF321977$11.60Mar 2012, $15.8M
135 East 57th Street1 min walk267K SF321987$19.99n/a
150 East 58th Street1 min walk346K SF391968$16.50n/a
126 East 56th Street2 min walk172K SF331982$21.07Apr 2023, $113M
155 East 55th Street2 min walk60K SF131961$7.17Jun 2021, $47M
The 245th 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

Other addresses
136 East 57th Street; 691-695 Lexington Avenue
ZIP code
10022
Building type
Office building (city class O4)
Total floor area
102,917 SF
Commercial floor area
102,917 SF
Office
96,107 SF
Retail
6,810 SF
Height
20 floors
Average floor
About 5,100 SF (floor area divided by floors)
Year built
1931
Last major alteration
1987
Lot area
5,041 SF
Zoning district
C5-2
Built FAR
20.42
Max commercial FAR
10
Tax lot (BBL)
1013110050

Nearest subway

  • 59 St3 min walk · Not accessible · connects to Lexington Av/59 St
  • Lexington Av/53 St4 min walk · Accessible station · connects to 51 St
  • Lexington Av/63 St6 min walk · Accessible station

Nearby large buildings

All 35 large office buildings on Lexington Avenue

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; 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 136 PROP CO LLC as the owner of record. For tax year 2026/27 the city values 695 Lexington Avenue at $29.7 million and assesses it at $13.4 million. After phase-ins and exemptions its taxable value is $12.2 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 $1.33 million a year before abatements, roughly $12.89 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
136 PROP CO LLC
Tax class
Class 4 (commercial and industrial)
City market value
$29,732,000
Land market value
$8,800,000
Assessed value
$13,379,400
Taxable value (phased in)
$12,227,284
Estimated yearly tax
About $1.33 million
Tax per SF of floor area
About $12.89

City market value by tax year

  • 2022/23$23.2 million
  • 2023/24$24.6 million
  • 2024/25$26.3 million
  • 2025/26$28.6 million
  • 2026/27$29.7 million

Market value rose 28% from 2022/23 ($23.2 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

695 Lexington Avenue reported an ENERGY STAR score of 82 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 34.4 kBtu per square foot, 39% below the national median of 56.1 for a similar property. Its greenhouse gas emissions were about 407 metric tons of CO2e (3.95 kg per square foot).

ENERGY STAR score (2024)
82 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Office
Site energy use intensity
34.4 kBtu/SF
National median for the type
56.1 kBtu/SF
Greenhouse gas emissions
407 t CO2e
Emissions per SF
3.95 kg CO2e
Floor area in the filing
102,917 SF

ENERGY STAR score by year

  • 202370 (B)
  • 202482 (B)

Energy sources in 2024

  • Electricity100%

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 2 jobs at 695 Lexington Avenue. In the last two years, interior work was permitted on 19 floors (floors 1 to 19, the cellar and the penthouse). The newest build-out, on floors 1 to 19, the cellar and the penthouse, was first permitted in September 2026 (construction; filed cost estimate $1.2 million).

New jobs, last 12 months
2
Initial permits, last 12 months
2
Newest job first permitted
September 2026
Interior build-outs, last 24 months
2
Floors with interior work, last 24 months
1 to 19, cellar, penthouse

Recent build-outs

  • Floors 1 to 19, cellar, penthouseSeptember 2026Construction; est. $1.2 million
  • Floors 6, 9 and 13May 2026Construction; est. $989,000

New jobs by year

  • 20218
  • 20220
  • 20230
  • 20240
  • 20250
  • 2026 to date2

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.

Office space nearby in Midtown

Nothing is listed nearby yet. The labeled examples below show how a space appears; they are not on the market.

What a requirement here looks like

No live requirements for office space in Midtown yet. These labeled examples show what tenants post. List a space in 695 Lexington Avenue and we match it against every new one automatically.

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Questions about 695 Lexington Avenue

How big is 695 Lexington Avenue?

695 Lexington Avenue has about 103,000 square feet of floor area in total, including 96,000 square feet of office and 7,000 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 695 Lexington Avenue built?

City records list 1931 as the year built, with a major alteration recorded in 1987. The building is 20 floors tall.

What other addresses does 695 Lexington Avenue have?

City records list 136 East 57th Street and 691-695 Lexington Avenue on the same tax lot (BBL 1013110050) as 695 Lexington Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 695 Lexington Avenue?

695 Lexington Avenue is in ZIP code 10022, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 695 Lexington Avenue, New York, NY 10022, in Midtown.

What is the zoning at 695 Lexington Avenue?

The lot is in the C5-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 20.42 and a maximum commercial FAR of 10 for this lot.

What subway station is closest to 695 Lexington Avenue?

The closest subway station to 695 Lexington Avenue is 59 St (the 4, 5, 6, N, R and W trains, connected to Lexington Av/59 St), about 750 feet away in a straight line, roughly 3 minutes on foot. Also nearby: Lexington Av/53 St (the E, F and 6 trains, connected to 51 St), 4 min walk; Lexington Av/63 St (the M and Q trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 695 Lexington Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists 136 PROP CO LLC as the owner of record of 695 Lexington Avenue (BBL 1013110050). 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 695 Lexington Avenue?

695 Lexington Avenue reported an ENERGY STAR score of 82 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 82 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 34.4 kBtu per square foot, 39% below the national median of 56.1 for a similar property. Its greenhouse gas emissions were about 407 metric tons of CO2e (3.95 kg per square foot).

Is there construction at 695 Lexington Avenue?

In the 12 months to September 2026, the Department of Buildings issued first permits for 2 jobs at 695 Lexington Avenue. In the last two years, interior work was permitted on 19 floors (floors 1 to 19, the cellar and the penthouse). The newest build-out, on floors 1 to 19, the cellar and the penthouse, was first permitted in September 2026 (construction; filed cost estimate $1.2 million). These are the Department of Buildings' DOB NOW work permits for tax lot 1013110050. 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 695 Lexington Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $12.2 million for 695 Lexington Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.33 million a year, roughly $12.89 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1013110050 show the actual bill.

What is the assessed value of 695 Lexington Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 695 Lexington Avenue at $29.7 million ($8.8 million of it land) and its assessed value at $13.4 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 28% from 2022/23 ($23.2 million) to 2026/27.

Is there office space for lease at 695 Lexington Avenue?

No space at 695 Lexington 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.

1,677 buildings from city records

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