Office building · Midtown, Manhattan
745 Seventh Avenue
New York, NY 10019
745 Seventh Avenue is a 32-floor office building in Midtown, Manhattan, built in 1999, with about 1 million square feet of office space according to city records.
Also known as the Barclays Building and the Lehman Brothers Building. Also at 745-759 Seventh Avenue, 141-169 West 49th Street and 136-168 West 50th Street.
- Office space
- 1.0M SF
- Floors
- 32
- Year built
- 1999
- Zoning
- C6-7T
The 29th largest of the 351 office buildings we track in Midtown. Compare it with 6 neighbors
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Compared with its neighbors
How 745 Seventh Avenue compares
Next to the 6 nearest large office buildings, all within a 2 minute walk, 745 Seventh Avenue ranks 3rd of 7 by office floor area. Built in 1999, it is the newest of them. Its estimated property tax, about $20.87 a square foot of floor area before abatements, is close to the neighbors' median of $20.38.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 745 Seventh Avenue | 1.0M SF | 32 | 1999 | $20.87 | n/a |
| 729 Seventh Avenue | 152K SF | 15 | 1915 | $19.72 | n/a |
| 135 West 50th Street | 781K SF | 23 | 1963 | $21.04 | Dec 2019, $285M |
| 750 Seventh Avenue | 533K SF | 34 | 1988 | $18.89 | May 2011, $485M (2 lots) |
| 721 Seventh Avenue | 45K SF | 13 | 1920 | $13.63 | Dec 2009, $22.9M |
| 1251 Avenue of the Americas | 1.8M SF | 54 | 1970 | $30.07 | n/a |
| 1221 Avenue of the Americas | 2.4M SF | 51 | 1971 | $22.70 | 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
- Also known as
- Barclays Building; Lehman Brothers Building
- Other addresses
- 745-759 Seventh Avenue; 141-169 West 49th Street; 136-168 West 50th Street
- ZIP code
- 10019
- Building type
- Office building (city class O4)
- Total floor area
- 1,020,000 SF
- Commercial floor area
- 1,020,000 SF
- Office
- 1,009,629 SF
- Retail
- 10,371 SF
- Height
- 32 floors
- Average floor
- About 31,900 SF (floor area divided by floors)
- Year built
- 1999
- Lot area
- 62,459 SF
- Zoning district
- C6-7T
- Built FAR
- 16.33
- Max commercial FAR
- 14
- Tax lot (BBL)
- 1010020001
Nearest subway
- 49 St
- 50 St
- 47-50 Sts-Rockefeller Ctr
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; other names checked against Wikipedia, 745 Seventh Avenue; 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 US REAL ESTATE HOLDINGS NO.1 LIMITED as the owner of record. For tax year 2026/27 the city values 745 Seventh Avenue at $441.8 million and assesses it at $198.8 million. After phase-ins and exemptions its taxable value is $196.2 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 $21.3 million a year before abatements, roughly $20.87 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
- US REAL ESTATE HOLDINGS NO.1 LIMITED
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $441,829,000
- Land market value
- $102,969,000
- Assessed value
- $198,823,050
- Taxable value (phased in)
- $196,226,610
- Estimated yearly tax
- About $21.3 million
- Tax per SF of floor area
- About $20.87
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 745 Seventh Avenue? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
SEC filings (EDGAR)
Companies with offices here
One investment manager gives 745 Seventh Avenue as its office address in SEC filings.
Investment manager
Source: U.S. Securities and Exchange Commission, EDGAR, Financial Statement Data Sets (2025 Q4 to 2026 Q3) and Form 13F Data Sets (through August 2026), pulled 2026-10-24; names as filed. The address is the one each company reports to the SEC. This is not a tenant roster: private companies and most smaller firms do not file with the SEC, a company can report a building it owns, and an address can trail a move by a quarter. Care-of addresses, blank check companies and asset-backed issuers are left out.
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NYC energy benchmarking (Local Law 84)
Energy use and emissions
745 Seventh Avenue'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.
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Other
- Floor area in the filing
- 1,049,811 SF
ENERGY STAR score by year
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.
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 26 jobs at 745 Seventh Avenue. In the last two years, interior work was permitted on 16 floors (floors 1 to 4, 8, 10, 11, 13 to 20 and 22, the cellar, the ground floor and the mezzanine). The newest build-out, on floor 11, the mezzanine and the roof, was first permitted in August 2026 (construction, structural; filed cost estimate $8.4 million). A sidewalk shed permit here is active until November 9, 2026.
- New jobs, last 12 months
- 26
- Initial permits, last 12 months
- 87
- Newest job first permitted
- September 2026
- Interior build-outs, last 24 months
- 15
- Floors with interior work, last 24 months
- 1 to 4, 8, 10, 11, 13 to 20 and 22, cellar, ground floor, mezzanine
- Facade and sidewalk jobs, last 24 months
- 7
- Sidewalk shed permit
- Active until Nov 9, 2026
Recent build-outs
New jobs by year
Build-outs across MidtownWhere 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.
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Next door, in the Upper East Side
783 Madison 4th Floor
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Questions about 745 Seventh Avenue
What is the address of the Barclays Building?
The Barclays Building is at 745 Seventh Avenue, New York, NY 10019, in Midtown. It is also known as the Lehman Brothers Building.
How big is 745 Seventh Avenue?
745 Seventh Avenue has about 1 million square feet of floor area in total, including 1 million 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 745 Seventh Avenue built?
City records list 1999 as the year built. The building is 32 floors tall.
What other addresses does 745 Seventh Avenue have?
City records list 745-759 Seventh Avenue, 141-169 West 49th Street and 136-168 West 50th Street on the same tax lot (BBL 1010020001) as 745 Seventh Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 745 Seventh Avenue?
745 Seventh Avenue 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 745 Seventh Avenue, New York, NY 10019, in Midtown.
What is the zoning at 745 Seventh Avenue?
The lot is in the C6-7T zoning district. PLUTO lists a built floor area ratio (FAR) of 16.33 and a maximum commercial FAR of 14 for this lot.
What subway station is closest to 745 Seventh Avenue?
The closest subway station to 745 Seventh Avenue is 49 St (the N, R and W trains), about 400 feet away in a straight line, roughly 2 minutes on foot. The MTA lists it as partly accessible. Also nearby: 50 St (the 1 train), 2 min walk; 47-50 Sts-Rockefeller Ctr (the B, D, F and M trains), 3 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 745 Seventh Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists US REAL ESTATE HOLDINGS NO.1 LIMITED as the owner of record of 745 Seventh Avenue (BBL 1010020001). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
Who are the tenants at 745 Seventh Avenue?
Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 745 Seventh Avenue. One investment manager files 13F holdings reports from the address: BARCLAYS CAPITAL INC.. 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.
Does 745 Seventh Avenue have an energy grade?
745 Seventh Avenue'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.
Is there construction at 745 Seventh Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 26 jobs at 745 Seventh Avenue. In the last two years, interior work was permitted on 16 floors (floors 1 to 4, 8, 10, 11, 13 to 20 and 22, the cellar, the ground floor and the mezzanine). The newest build-out, on floor 11, the mezzanine and the roof, was first permitted in August 2026 (construction, structural; filed cost estimate $8.4 million). A sidewalk shed permit here is active until November 9, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1010020001. 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 745 Seventh Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $196.2 million for 745 Seventh Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $21.3 million a year, roughly $20.87 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1010020001 show the actual bill.
What is the assessed value of 745 Seventh Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 745 Seventh Avenue at $441.8 million ($103 million of it land) and its assessed value at $198.8 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 7% from 2022/23 ($477.6 million) to 2026/27.
Is there office space for lease at 745 Seventh Avenue?
No space at 745 Seventh Avenue is listed on Leasemark right now. Nearby on Leasemark: office space for lease at 783 Madison 4th Floor in the Upper East Side (994 SF, $66.40/SF/yr). 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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