Industrial condominium · Meatpacking, Manhattan
99 Tenth Avenue
New York, NY 10011
99 Tenth Avenue is an 11-floor industrial condominium in the Meatpacking District, Manhattan, built in 1917, with about 189,000 square feet of industrial and storage space according to city records.
Also at 46-62 Eleventh Avenue, 97-111 Tenth Avenue, 501-521 West 16th Street and 500-526 West 17th Street.
- Industrial and storage space
- 189K SF
- Floors
- 11
- Year built
- 1917
- Zoning
- M1-5
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Compared with its neighbors
How 99 Tenth Avenue compares
Next to the 6 nearest large industrial and storage buildings, all within a 17 minute walk, 99 Tenth Avenue ranks 2nd of 7 by industrial and storage floor area. It went up in 1917; the median neighbor dates from 1920. Its estimated property tax, about $9.97 a square foot of floor area before abatements, is above the neighbors' median of $7.68.
| Building | Industrial and storage space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 99 Tenth Avenue | 189K SF | 11 | 1917 | $9.97 | n/a |
| 525 West 20th Street | 95K SF | 9 | 1913 | $5.09 | n/a |
| 510 West 21st Street | 123K SF | 8 | 1928 | $6.99 | Dec 2021, $95.2M |
| 524 West 23rd Street | 128K SF | 10 | 1931 | $7.57 | Dec 2021, $132M |
| 510 West 27th Street | 40K SF | 6 | 1910 | $8.02 | n/a |
| 302 Eleventh Avenue | 213K SF | 9 | 1913 | $7.79 | Dec 2021, $234M |
| 155 West 29th Street | 140K SF | 17 | 2022 | $10.32 | 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
- Other addresses
- 46-62 Eleventh Avenue; 97-111 Tenth Avenue; 501-521 West 16th Street; 500-526 West 17th Street
- ZIP code
- 10011
- Building type
- Industrial condominium (city class RI)
- Total floor area
- 708,000 SF
- Commercial floor area
- 708,000 SF
- Office
- 519,000 SF
- Industrial and storage
- 189,000 SF
- Height
- 11 floors
- Year built
- 1917
- Lot area
- 59,093 SF
- Zoning district
- M1-5
- Built FAR
- 11.98
- Max commercial FAR
- 5
- Tax lot (BBL)
- 1006887501
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 Department of Finance records
Owner, property tax and assessed value
99 Tenth Avenue is a condominium of 2 tax lots. ABLE EMPIRE GROUP, L.P., one of 2 owners of record on the roll, owns the units that make up 87% of its market value. For tax year 2026/27 the city values 99 Tenth Avenue at $155.3 million and assesses it at $69.9 million. After phase-ins and exemptions its taxable value is $65.1 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 $7.06 million a year before abatements, roughly $9.97 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.
- Largest unit owner
- ABLE EMPIRE GROUP, L.P. (87% of market value)
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $155,312,527
- Land market value
- $27,284,000
- Assessed value
- $69,890,637
- Taxable value (phased in)
- $65,056,995
- Estimated yearly tax
- About $7.06 million
- Tax per SF of floor area
- About $9.97
- Condominium tax lots
- 2
- Owners of record
- 2
City market value by tax year
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How to find who owns any NYC buildingSource: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll, summed over 2 condominium tax lots; 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 energy benchmarking (Local Law 84)
Energy use and emissions
99 Tenth Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (too much of the floor area is classed as other uses), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 79.1 kBtu per square foot, 2.1 times the national median of 37.9 for a similar property. Its greenhouse gas emissions were about 3,916 metric tons of CO2e (7.86 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Mixed Use Property
- Site energy use intensity
- 79.1 kBtu/SF
- National median for the type
- 37.9 kBtu/SF
- Greenhouse gas emissions
- 3,916 t CO2e
- Emissions per SF
- 7.86 kg CO2e
- Floor area in the filing
- 498,449 SF
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.
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 1 job at 99 Tenth Avenue. In the last two years, interior work was permitted on 4 floors (floors 1 to 4 and the cellar). The newest build-out, on the cellar, was first permitted in November 2025 (structural; filed cost estimate $40,000).
- New jobs, last 12 months
- 1
- Initial permits, last 12 months
- 1
- Newest job first permitted
- November 2025
- Interior build-outs, last 24 months
- 2
- Floors with interior work, last 24 months
- 1 to 4, cellar
Recent build-outs
New jobs by year
Build-outs across the Meatpacking DistrictWhere 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.
No industrial and storage space listed in the Meatpacking District yet
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Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
How much is commercial rent in NYC? Per square foot, by borough
What NYC office, retail and industrial buildings collect per square foot in each borough, from the city's own filings, with the monthly math and the costs on top of rent.
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Questions about 99 Tenth Avenue
How big is 99 Tenth Avenue?
99 Tenth Avenue has about 708,000 square feet of floor area in total, including 519,000 square feet of office and 189,000 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 99 Tenth Avenue built?
City records list 1917 as the year built. The building is 11 floors tall.
What other addresses does 99 Tenth Avenue have?
City records list 46-62 Eleventh Avenue, 97-111 Tenth Avenue, 501-521 West 16th Street and 500-526 West 17th Street on the same tax lot (BBL 1006887501) as 99 Tenth Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 99 Tenth Avenue?
99 Tenth Avenue is in ZIP code 10011, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 99 Tenth Avenue, New York, NY 10011, in the Meatpacking District.
What is the zoning at 99 Tenth Avenue?
The lot is in the M1-5 zoning district. PLUTO lists a built floor area ratio (FAR) of 11.98 and a maximum commercial FAR of 5 for this lot.
What subway station is closest to 99 Tenth Avenue?
The closest subway station to 99 Tenth Avenue is 14 St (the A, C, E and L trains, connected to 8 Av), about 0.4 miles away in a straight line, roughly 8 minutes on foot. The MTA lists it as an accessible station. Also nearby: 23 St (the C and E trains), 10 min walk; 18 St (the 1 train), 11 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 99 Tenth Avenue?
99 Tenth Avenue is a condominium of 2 tax lots. ABLE EMPIRE GROUP, L.P., one of 2 owners of record on the roll, owns the units that make up 87% of its market value. That is from the NYC Department of Finance's 2026/27 assessment roll (BBL 1006887501). Deeds and mortgages for each unit are public in ACRIS, the city's property records system.
Does 99 Tenth Avenue have an energy grade?
99 Tenth Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (too much of the floor area is classed as other uses), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 79.1 kBtu per square foot, 2.1 times the national median of 37.9 for a similar property. Its greenhouse gas emissions were about 3,916 metric tons of CO2e (7.86 kg per square foot).
Is there construction at 99 Tenth Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 1 job at 99 Tenth Avenue. In the last two years, interior work was permitted on 4 floors (floors 1 to 4 and the cellar). The newest build-out, on the cellar, was first permitted in November 2025 (structural; filed cost estimate $40,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1006887501. 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 99 Tenth Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $65.1 million for 99 Tenth Avenue (the sum of its 2 condominium tax lots). At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $7.06 million a year, roughly $9.97 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1006887501 show the actual bill.
What is the assessed value of 99 Tenth Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 99 Tenth Avenue at $155.3 million ($27.3 million of it land) and its assessed value at $69.9 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 22% from 2022/23 ($127 million) to 2026/27.
Is there industrial and storage space for lease at 99 Tenth Avenue?
No space at 99 Tenth 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.
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Meatpacking
Transit hubs in the Meatpacking District
- A C E L at 14 St-8 Av