Office building with commercial space · Midtown, Manhattan
979 Third Avenue
New York, NY 10022
979 Third Avenue is a 17-floor office building with commercial space in Midtown, Manhattan, built in 1963, with about 518,000 square feet of office space according to city records.
Also at 201-213 East 58th Street, 206-216 East 59th Street and 971-979 Third Avenue.
- Office space
- 518K SF
- Floors
- 17
- Year built
- 1963
- Zoning
- R8B
The 78th largest of the 351 office buildings we track in Midtown. Compare it with 6 neighbors
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Compared with its neighbors
How 979 Third Avenue compares
Next to the 6 nearest large office buildings, all within a 3 minute walk, 979 Third Avenue is the largest by office floor area. It went up in 1963; the median neighbor dates from 1964. Its estimated property tax, about $19.08 a square foot of floor area before abatements, is above the neighbors' median of $13.34.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 979 Third Avenue | 518K SF | 17 | 1963 | $19.08 | n/a |
| 222 East 59th Street | 38K SF | 5 | 2001 | $13.32 | n/a |
| 150 East 58th Street | 346K SF | 39 | 1968 | $16.50 | n/a |
| 950 Third Avenue | 308K SF | 32 | 1977 | $11.60 | Mar 2012, $15.8M |
| 145 East 57th Street | 54K SF | 13 | 1926 | $16.48 | Oct 2016, $62.8M |
| 165 East 56th Street | 46K SF | 8 | 1958 | $4.64 | May 2026, $39M |
| 155 East 56th Street | 41K SF | 6 | 1960 | $13.36 | Apr 2010, $12M |
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
- Other addresses
- 201-213 East 58th Street; 206-216 East 59th Street; 971-979 Third Avenue
- ZIP code
- 10022
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 579,779 SF
- Commercial floor area
- 579,779 SF
- Office
- 518,279 SF
- Retail
- 12,500 SF
- Industrial and storage
- 10,000 SF
- Height
- 17 floors
- Average floor
- About 34,100 SF (floor area divided by floors)
- Year built
- 1963
- Lot area
- 34,495 SF
- Zoning district
- R8B
- Built FAR
- 16.81
- Tax lot (BBL)
- 1013320001
Nearest subway
- Lexington Av/59 St
- Lexington Av/63 St
- Lexington Av/53 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; 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 7 storefronts at 979 Third Avenue for December 31, 2025, the newest annual filing the city has published, and 1 of them 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
- 7
- Vacant that day
- 1
- Share vacant here
- 14.3%
- Share vacant across Midtown
- 14.3%
- Share vacant along Third Avenue
- 14.6%
- Share vacant citywide
- 9.2%
Vacant on December 31, by year
Own or lease out a storefront at 979 Third 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 D&D BUILDING COMPANY LLC as the owner of record. For tax year 2026/27 the city values 979 Third Avenue at $226.7 million and assesses it at $102 million. After phase-ins and exemptions its taxable value is $102 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 $11.1 million a year before abatements, roughly $19.08 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
- D&D BUILDING COMPANY LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $226,672,000
- Land market value
- $90,200,000
- Assessed value
- $102,002,400
- Taxable value (phased in)
- $102,000,480
- Estimated yearly tax
- About $11.1 million
- Tax per SF of floor area
- About $19.08
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 979 Third Avenue? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
979 Third Avenue reported an ENERGY STAR score of 79 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 71.3 kBtu per square foot, 36% below the national median of 110.7 for a similar property. Its greenhouse gas emissions were about 3,513 metric tons of CO2e (6.06 kg per square foot).
- ENERGY STAR score (2024)
- 79 of 100
- Grade this score earns (Local Law 33)
- B (70 to 84)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 71.3 kBtu/SF
- National median for the type
- 110.7 kBtu/SF
- Greenhouse gas emissions
- 3,513 t CO2e
- Emissions per SF
- 6.06 kg CO2e
- Floor area in the filing
- 579,779 SF
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 2026-10-16; 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 3 jobs at 979 Third Avenue. In the last two years, interior work was permitted on 4 floors (floors 2, 5, 6 and 11). The newest build-out, on floor 2, was first permitted in January 2026 (construction; filed cost estimate $350,000). A sidewalk shed permit here is active until January 2, 2027.
- New jobs, last 12 months
- 3
- Initial permits, last 12 months
- 3
- Newest job first permitted
- January 2026
- Interior build-outs, last 24 months
- 5
- Floors with interior work, last 24 months
- 2, 5, 6 and 11
- Facade and sidewalk jobs, last 24 months
- 1
- Sidewalk shed permit
- Active until Jan 2, 2027
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 979 Third Avenue
How big is 979 Third Avenue?
979 Third Avenue has about 580,000 square feet of floor area in total, including 518,000 square feet of office, 13,000 square feet of retail and 10,000 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 979 Third Avenue built?
City records list 1963 as the year built. The building is 17 floors tall.
What other addresses does 979 Third Avenue have?
City records list 201-213 East 58th Street, 206-216 East 59th Street and 971-979 Third Avenue on the same tax lot (BBL 1013320001) as 979 Third Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 979 Third Avenue?
979 Third 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 979 Third Avenue, New York, NY 10022, in Midtown.
What is the zoning at 979 Third Avenue?
The lot is in the R8B zoning district. PLUTO lists a built floor area ratio (FAR) of 16.81 for this lot.
What subway station is closest to 979 Third Avenue?
The closest subway station to 979 Third Avenue is Lexington Av/59 St (the N, R, W, 4, 5 and 6 trains, connected to 59 St), about 700 feet away in a straight line, roughly 3 minutes on foot. Also nearby: Lexington Av/63 St (the M and Q trains), 5 min walk; Lexington Av/53 St (the E, F and 6 trains, connected to 51 St), 6 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 979 Third Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists D&D BUILDING COMPANY LLC as the owner of record of 979 Third Avenue (BBL 1013320001). 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 979 Third Avenue?
979 Third Avenue reported an ENERGY STAR score of 79 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 79 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 71.3 kBtu per square foot, 36% below the national median of 110.7 for a similar property. Its greenhouse gas emissions were about 3,513 metric tons of CO2e (6.06 kg per square foot).
Is there construction at 979 Third Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 3 jobs at 979 Third Avenue. In the last two years, interior work was permitted on 4 floors (floors 2, 5, 6 and 11). The newest build-out, on floor 2, was first permitted in January 2026 (construction; filed cost estimate $350,000). A sidewalk shed permit here is active until January 2, 2027. These are the Department of Buildings' DOB NOW work permits for tax lot 1013320001. 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 979 Third Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $102 million for 979 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 $11.1 million a year, roughly $19.08 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1013320001 show the actual bill.
What is the assessed value of 979 Third Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 979 Third Avenue at $226.7 million ($90.2 million of it land) and its assessed value at $102 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 9% from 2022/23 ($248.9 million) to 2026/27.
Are there vacant storefronts at 979 Third Avenue?
Owners registered 7 storefronts at 979 Third Avenue for December 31, 2025, the newest annual filing the city has published, and 1 of them 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 979 Third Avenue?
No space at 979 Third 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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