Office building · Midtown, Manhattan

One Dag Hammarskjöld Plaza

885 Second Avenue, New York, NY 10017

One Dag Hammarskjöld Plaza (885 Second Avenue) is a 48-floor office building in Midtown, Manhattan, built in 1971, with about 704,000 square feet of office space according to city records.

Also at 1 Dag Hammarskjold Plaza, 227-245 East 47th Street, 248-260 East 48th Street and 883-899 Second Avenue.

Office space
704K SF
Floors
48
Year built
1971
Zoning
C1-9

Office space next to its nearest neighbors

  1. One Dag Hammarskjöld PlazaThis building704K SF
  2. 757 Third Avenue1 min walk382K SF
  3. 305 East 47th Street1 min walk125K SF
  4. 866 Second Avenue1 min walk71K SF

The 50th largest of the 351 office buildings we track in Midtown. Compare it with 6 neighbors

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Compared with its neighbors

How One Dag Hammarskjöld Plaza compares

Next to the 6 nearest large office buildings, all within a 2 minute walk, One Dag Hammarskjöld Plaza is the largest by office floor area. It went up in 1971; the median neighbor dates from 1967. Its estimated property tax, about $15.59 a square foot of floor area before abatements, is above the neighbors' median of $13.91.

One Dag Hammarskjöld Plaza and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
One Dag Hammarskjöld Plaza, 885 Second AvenueThis building704K SF481971$15.59Jun 2026, $265M
866 Second Avenue1 min walk71K SF151970$2.22n/a
757 Third Avenue1 min walk382K SF261964$17.30Oct 2025, $173M
305 East 47th Street1 min walk125K SF141928$3.46n/a
767 Third Avenue2 min walk286K SF401980$14.56Dec 2024, $88M
305 East 46th Street2 min walk154K SF161928$25.54Nov 2019, $147M
747 Third Avenue2 min walk399K SF391971$13.26n/a
The 50th largest of the 351 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 35,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Building name
One Dag Hammarskjöld Plaza
Other addresses
1 Dag Hammarskjold Plaza; 227-245 East 47th Street; 248-260 East 48th Street; 883-899 Second Avenue
ZIP code
10017
Building type
Office building (city class O4)
Total floor area
805,467 SF
Commercial floor area
805,467 SF
Office
704,001 SF
Retail
16,300 SF
Industrial and storage
20,000 SF
Height
48 floors
Average floor
About 16,800 SF (floor area divided by floors)
Year built
1971
Last major alteration
2004
Lot area
40,820 SF
Zoning district
C1-9
Built FAR
19.73
Max commercial FAR
2
Tax lot (BBL)
1013210022

Nearest subway

  • 51 St5 min walk · Accessible station · connects to Lexington Av/53 St
  • Grand Central-42 St7 min walk · Accessible station
  • 5 Av/53 St11 min walk · Not accessible

Nearby large buildings

All 10 large office buildings on Second Avenue

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; building name checked against Wikipedia, One Dag Hammarskjöld Plaza; 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 one storefront at One Dag Hammarskjöld Plaza for December 31, 2025, the newest annual filing the city has published, and it stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2019.

Storefronts registered for December 31, 2025
1
Vacant that day
1
Share vacant across Midtown
14.3%
Share vacant along Second Avenue
9.8%
Share vacant citywide
9.2%

Vacant on December 31, by year

  • 20191 of 1
  • 20201 of 1
  • 20211 of 1
  • 20221 of 1
  • 20231 of 1
  • 20241 of 1
  • 20251 of 1

Bars show the share of the lot's registered storefronts that stood vacant.

Own or lease out a storefront at 885 Second Avenue? Listing it is free, and it is matched against every active requirement for retail space in Midtown 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 885 SECOND AVENUE OWNER LLC as the owner of record. For tax year 2026/27 the city values One Dag Hammarskjöld Plaza at $257.2 million and assesses it at $115.7 million. After phase-ins and exemptions its taxable value is $115.7 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 $12.6 million a year before abatements, roughly $15.59 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
885 SECOND AVENUE OWNER LLC
Tax class
Class 4 (commercial and industrial)
City market value
$257,199,000
Land market value
$73,500,000
Assessed value
$115,739,550
Estimated yearly tax
About $12.6 million
Tax per SF of floor area
About $15.59

City market value by tax year

  • 2022/23$259.2 million
  • 2023/24$260.1 million
  • 2024/25$261.5 million
  • 2025/26$263.9 million
  • 2026/27$257.2 million

Market value fell 1% from 2022/23 ($259.2 million) to 2026/27.

How Midtown compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of itHow NYC commercial property tax works

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How to find who owns any NYC building

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 2026-10-16; 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 property records (ACRIS)

Sales history

One Dag Hammarskjöld Plaza last sold in June 2026 for $265.3 million, according to the deed recorded with the city. 885 SECOND AVENUE OWNER LLC sold it to ONE DAG OWNER LP. That comes to about $329 per square foot of floor area.

Last sale (deed date)
June 5, 2026
Price
$265,250,000
Price per SF of floor area
About $329
Seller
885 SECOND AVENUE OWNER LLC
Buyer
ONE DAG OWNER LP
Deed recorded
June 18, 2026
ACRIS document
2026061500729001

Recorded sales

All 82 building sales in Midtown since 2016

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.

SEC filings (EDGAR)

Companies with offices here

One public company gives 885 Second Avenue as its office address in SEC filings.

Public company

Principal executive office on their latest 10-K or 10-Q

  • SAKER AVIATION SERVICES, INC. (SKAS)10-Q, Aug 2026

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.

Have space to sublease at 885 Second Avenue? List it free and we match it against every active requirement.

NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

One Dag Hammarskjöld Plaza reported an ENERGY STAR score of 86 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns an A (85 or higher). Its site energy use came to 64.6 kBtu per square foot, 42% below the national median of 111.1 for a similar property. Its greenhouse gas emissions were about 4,344 metric tons of CO2e (5.63 kg per square foot).

ENERGY STAR score (2024)
86 of 100
Grade this score earns (Local Law 33)
A (85 or higher)
Property type (Portfolio Manager)
Office
Site energy use intensity
64.6 kBtu/SF
National median for the type
111.1 kBtu/SF
Greenhouse gas emissions
4,344 t CO2e
Emissions per SF
5.63 kg CO2e
Floor area in the filing
771,118 SF
ENERGY STAR certified
2016, 2019, 2020, 2021, 2022, 2023, 2024, 2025

ENERGY STAR score by year

  • 202281 (B)
  • 202383 (B)
  • 202486 (A)

Energy sources in 2024

  • District steam57%
  • Electricity43%

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 2026-10-16; 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 October 2026, the Department of Buildings issued first permits for 8 jobs at One Dag Hammarskjöld Plaza. In the last two years, interior work was permitted on 6 floors (floors 1, 2, 5, 11, 31 and 35, the cellar and the sub-cellar). The newest build-out, on floor 35, was first permitted in June 2026 (mechanical; filed cost estimate $75,000).

New jobs, last 12 months
8
Initial permits, last 12 months
20
Newest job first permitted
July 2026
Interior build-outs, last 24 months
10
Floors with interior work, last 24 months
1, 2, 5, 11, 31 and 35, cellar, sub-cellar
Facade and sidewalk jobs, last 24 months
4

Recent build-outs

  • Floor 35June 2026Mechanical; est. $75,000; signed off
  • Floor 31April 2026Construction, Mechanical, Sprinklers; est. $207,000
  • Floor 11January 2026Mechanical; est. $30,000; signed off
  • Floor 1October 2025Construction, Mechanical, Plumbing, Sprinklers, Structural; est. $1.6 million
  • Floors 1 and 2, cellarOctober 2025Construction, Mechanical, Standpipe, Structural; est. $500,000; signed off
  • Cellar, sub-cellarSeptember 2025Construction, Mechanical, Plumbing, Sprinklers, Standpipe, Structural; est. $2.8 million

The newest 6 of 10 in the last 24 months.

New jobs by year

  • 202112
  • 202222
  • 20239
  • 20249
  • 20259
  • 2026 to date8

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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Questions about One Dag Hammarskjöld Plaza

How big is One Dag Hammarskjöld Plaza?

One Dag Hammarskjöld Plaza has about 805,000 square feet of floor area in total, including 704,000 square feet of office, 16,000 square feet of retail and 20,000 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 One Dag Hammarskjöld Plaza built?

City records list 1971 as the year built, with a major alteration recorded in 2004. The building is 48 floors tall.

What is the address of One Dag Hammarskjöld Plaza?

One Dag Hammarskjöld Plaza is at 885 Second Avenue in Midtown, Manhattan. City records list 1 Dag Hammarskjold Plaza, 227-245 East 47th Street, 248-260 East 48th Street and 883-899 Second Avenue on the same tax lot (BBL 1013210022). A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 885 Second Avenue?

885 Second 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. One Dag Hammarskjöld Plaza is at 885 Second Avenue, New York, NY 10017, in Midtown.

What is the zoning at One Dag Hammarskjöld Plaza?

The lot is in the C1-9 zoning district. PLUTO lists a built floor area ratio (FAR) of 19.73 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to One Dag Hammarskjöld Plaza?

The closest subway station to One Dag Hammarskjöld Plaza is 51 St (the 6, E and F trains, connected to Lexington Av/53 St), about 0.3 miles away in a straight line, roughly 5 minutes on foot. The MTA lists it as an accessible station. Also nearby: Grand Central-42 St (the 4, 5, 6, 7 and S trains), 7 min walk; 5 Av/53 St (the E and F trains), 11 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns One Dag Hammarskjöld Plaza?

The NYC Department of Finance's 2026/27 assessment roll lists 885 SECOND AVENUE OWNER LLC as the owner of record of One Dag Hammarskjöld Plaza (BBL 1013210022). 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.

Who are the tenants at One Dag Hammarskjöld Plaza?

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at One Dag Hammarskjöld Plaza. One public company reports the address as its principal executive office: SAKER AVIATION SERVICES, INC. (SKAS). 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.

When was One Dag Hammarskjöld Plaza last sold?

One Dag Hammarskjöld Plaza last sold in June 2026 for $265.3 million, according to the deed recorded with the city. 885 SECOND AVENUE OWNER LLC sold it to ONE DAG OWNER LP. That comes to about $329 per square foot of floor area. The deed is ACRIS document 2026061500729001 (BBL 1013210022) 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.

What is the energy grade of One Dag Hammarskjöld Plaza?

One Dag Hammarskjöld Plaza reported an ENERGY STAR score of 86 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 86 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 64.6 kBtu per square foot, 42% below the national median of 111.1 for a similar property. Its greenhouse gas emissions were about 4,344 metric tons of CO2e (5.63 kg per square foot).

Is there construction at One Dag Hammarskjöld Plaza?

In the 12 months to October 2026, the Department of Buildings issued first permits for 8 jobs at One Dag Hammarskjöld Plaza. In the last two years, interior work was permitted on 6 floors (floors 1, 2, 5, 11, 31 and 35, the cellar and the sub-cellar). The newest build-out, on floor 35, was first permitted in June 2026 (mechanical; filed cost estimate $75,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1013210022. 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 One Dag Hammarskjöld Plaza?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $115.7 million for One Dag Hammarskjöld Plaza. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $12.6 million a year, roughly $15.59 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1013210022 show the actual bill.

What is the assessed value of One Dag Hammarskjöld Plaza?

For tax year 2026/27, the NYC Department of Finance puts the market value of One Dag Hammarskjöld Plaza at $257.2 million ($73.5 million of it land) and its assessed value at $115.7 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 1% from 2022/23 ($259.2 million) to 2026/27.

Are there vacant storefronts at One Dag Hammarskjöld Plaza?

Owners registered one storefront at One Dag Hammarskjöld Plaza for December 31, 2025, the newest annual filing the city has published, and it stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2019. 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 One Dag Hammarskjöld Plaza?

No space at 885 Second 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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