708 Third Avenue

708 Third Avenue has about 359,000 square feet of floor area in total, including 348,000 square feet of office and 11,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

City records list 1931 as the year built. The building is 35 floors tall.

City records list 153-163 East 44th Street and 702-708 Third Avenue on the same tax lot (BBL 1012990033) as 708 Third Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

708 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 708 Third Avenue, New York, NY 10017, in Grand Central.

The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 21.05 and a maximum commercial FAR of 15 for this lot.

The closest subway station to 708 Third Avenue is Grand Central-42 St (the 4, 5, 6, 7 and S trains), about 700 feet away in a straight line, roughly 3 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), 7 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.

The NYC Department of Finance's 2026/27 assessment roll lists 708 THIRD AVENUE ASSOCIATES, LLC as the owner of record of 708 Third Avenue (BBL 1012990033). 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.

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 708 Third Avenue. One public company reports the address as its principal executive office: TELADOC HEALTH, INC. (TDOC). One investment manager files 13F holdings reports from the address: Rubric Capital Management LP. Private companies do not file with the SEC, so the full list of tenants is longer, and a company can also report a building it owns.

708 Third Avenue last sold in May 2007 for $74.2 million, according to the deed recorded with the city. CLEMONS PROPERTIES PARTNERS, LP sold it to 708 THIRD AVENUE ASSOCIATES, LLC. That comes to about $206 per square foot of floor area. The deed is ACRIS document 2007051500650002 (BBL 1012990033) 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.

708 Third Avenue reported an ENERGY STAR score of 89 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 89 earns an A. 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 kBtu per square foot, less than half the national median of 130.5 for a similar property. Its greenhouse gas emissions were about 2,375 metric tons of CO2e (6 kg per square foot).

At its 2024 energy use, 708 Third Avenue comes to about 1,722 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 3,000 tons for 2024 to 2029 (57% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,058 tons and the same energy use counts as about 1,113 tons, about 55 tons over, or an estimated $15,000 a year unless the building cuts its emissions. 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.

In the 12 months to October 2026, the Department of Buildings issued first permits for 12 jobs at 708 Third Avenue. In the last two years, interior work was permitted on 9 floors (floors 1, 5, 9, 11, 14, 17, 18, 20 and 34 and the cellar). The newest build-out, on floor 18, was first permitted in September 2026 (construction, mechanical, sprinklers; filed cost estimate $176,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1012990033. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $47.7 million for 708 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 $5.17 million a year, roughly $14.40 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012990033 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 708 Third Avenue at $110.8 million ($17.4 million of it land) and its assessed value at $49.9 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 7% from 2022/23 ($103.5 million) to 2026/27.

Owners registered 9 storefronts at 708 Third Avenue for December 31, 2025, the newest annual filing the city has published, and 1 of them stood vacant that day. A year earlier, none of 9 did. 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.

No space at 708 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.