Want · Office
Law firm relocation near Grand Central
Posted by a tenant rep broker · Legal
- Where
- Grand Central, Midtown
- Size
- 7,000 to 10,000 SF
- Budget
- to $110/SF
- Move in
- May 2027
24/7 accessADA accessible
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Office building with commercial space · Grand Central, Manhattan
9 East 37th Street
New York, NY 10016
9 East 37th Street is a 12-floor office building with commercial space in Grand Central, Manhattan, built in 1920, with about 59,000 square feet of office space according to city records.
Also at 9-11 East 37th Street.
- Office space
- 59K SF
- Floors
- 12
- Year built
- 1920
- Zoning
- C5-2
The 78th largest of the 80 office buildings we track in Grand Central. Compare it with 6 neighbors
No space at 9 East 37th Street is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once.
Compared with its neighbors
How 9 East 37th Street compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 9 East 37th Street is the smallest by office floor area. It went up in 1920; the median neighbor dates from 1919. Its estimated property tax, about $8.40 a square foot of floor area before abatements, is below the neighbors' median of $12.83.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 9 East 37th Street | 59K SF | 12 | 1920 | $8.40 | n/a |
| 232 Madison Avenue | 108K SF | 16 | 1925 | $14.16 | n/a |
| 14 East 38th Street | 64K SF | 14 | 1923 | $6.97 | n/a |
| 415 Fifth Avenue | 246K SF | 11 | 1912 | $14.58 | Jun 2010, $140M |
| 240 Madison Avenue | 68K SF | 14 | 1925 | $5.98 | n/a |
| 411 Fifth Avenue | 106K SF | 11 | 1915 | $11.50 | n/a |
| Tiffany & Co. Building, 397 Fifth Avenue | 138K SF | 9 | 1906 | $22.41 | Mar 2004, $42M |
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 address
- 9-11 East 37th Street
- ZIP code
- 10016
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 62,000 SF
- Commercial floor area
- 62,000 SF
- Office
- 58,500 SF
- Retail
- 3,500 SF
- Height
- 12 floors
- Average floor
- About 5,200 SF (floor area divided by floors)
- Year built
- 1920
- Last major alteration
- 1989
- Lot area
- 5,311 SF
- Zoning district
- C5-2
- Built FAR
- 11.67
- Max commercial FAR
- 10
- Tax lot (BBL)
- 1008670009
Nearest subway
- Grand Central-42 St
- 5 Av
- 33 St
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 937 REALTY as the owner of record. For tax year 2026/27 the city values 9 East 37th Street at $11.2 million and assesses it at $5.02 million. After phase-ins and exemptions its taxable value is $4.8 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 $520,857 a year before abatements, roughly $8.40 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
- 937 REALTY
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $11,165,000
- Land market value
- $4,360,000
- Assessed value
- $5,024,250
- Taxable value (phased in)
- $4,801,410
- Estimated yearly tax
- About $520,857
- Tax per SF of floor area
- About $8.40
City market value by tax year
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
9 East 37th Street reported an ENERGY STAR score of 75 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 60 kBtu per square foot, 31% below the national median of 87.1 for a similar property. Its greenhouse gas emissions were about 341 metric tons of CO2e (5.5 kg per square foot).
- ENERGY STAR score (2024)
- 75 of 100
- Grade this score earns (Local Law 33)
- B (70 to 84)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 60 kBtu/SF
- National median for the type
- 87.1 kBtu/SF
- Greenhouse gas emissions
- 341 t CO2e
- Emissions per SF
- 5.5 kg CO2e
- Floor area in the filing
- 60,958 SF
- ENERGY STAR certified
- 2015, 2016, 2017, 2023
ENERGY STAR score by year
Energy sources in 2024
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 1 job at 9 East 37th Street. In the last two years, interior work was permitted on 2 floors (floors 5 and 7). The newest build-out, on floor 5, was first permitted in December 2025 (construction, mechanical, plumbing, sprinklers; filed cost estimate $450,000).
- New jobs, last 12 months
- 1
- Initial permits, last 12 months
- 4
- Newest job first permitted
- December 2025
- Interior build-outs, last 24 months
- 3
- Floors with interior work, last 24 months
- 5 and 7
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 2026-10-02 (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.
What a requirement here looks like
No live requirements for office space in Grand Central yet. These labeled examples show what tenants post. List a space in 9 East 37th Street and we match it against every new one automatically.
Before you sign
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Questions about 9 East 37th Street
How big is 9 East 37th Street?
9 East 37th Street has about 62,000 square feet of floor area in total, including 59,000 square feet of office and 4,000 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 9 East 37th Street built?
City records list 1920 as the year built, with a major alteration recorded in 1989. The building is 12 floors tall.
What other addresses does 9 East 37th Street have?
City records list 9-11 East 37th Street on the same tax lot (BBL 1008670009) as 9 East 37th Street. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 9 East 37th Street?
9 East 37th Street is in ZIP code 10016, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 9 East 37th Street, New York, NY 10016, in Grand Central.
What is the zoning at 9 East 37th Street?
The lot is in the C5-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 11.67 and a maximum commercial FAR of 10 for this lot.
What subway station is closest to 9 East 37th Street?
The closest subway station to 9 East 37th Street is Grand Central-42 St (the 4, 5, 6, 7 and S trains), about 0.2 miles away in a straight line, roughly 5 minutes on foot. The MTA lists it as an accessible station. Also nearby: 5 Av (the 7, B, D, F and M trains, connected to 42 St-Bryant Pk), 5 min walk; 33 St (the 6 train), 6 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 9 East 37th Street?
The NYC Department of Finance's 2026/27 assessment roll lists 937 REALTY as the owner of record of 9 East 37th Street (BBL 1008670009). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
What is the energy grade of 9 East 37th Street?
9 East 37th Street reported an ENERGY STAR score of 75 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 75 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 60 kBtu per square foot, 31% below the national median of 87.1 for a similar property. Its greenhouse gas emissions were about 341 metric tons of CO2e (5.5 kg per square foot).
Is there construction at 9 East 37th Street?
In the 12 months to September 2026, the Department of Buildings issued first permits for 1 job at 9 East 37th Street. In the last two years, interior work was permitted on 2 floors (floors 5 and 7). The newest build-out, on floor 5, was first permitted in December 2025 (construction, mechanical, plumbing, sprinklers; filed cost estimate $450,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008670009. 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 9 East 37th Street?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $4.8 million for 9 East 37th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $520,857 a year, roughly $8.40 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008670009 show the actual bill.
What is the assessed value of 9 East 37th Street?
For tax year 2026/27, the NYC Department of Finance puts the market value of 9 East 37th Street at $11.2 million ($4.36 million of it land) and its assessed value at $5.02 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 13% from 2022/23 ($9.86 million) to 2026/27.
Is there office space for lease at 9 East 37th Street?
No space at 9 East 37th Street 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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