New York City  »  10011  »  W 15th St  »  450 W 15th St

Milk Studios Building - 450 West 15th Street, New York, NY 10011 - Property report

Also known as: 447-459 W 14th St

Property image for Milk Studios Building - 450 West 15th Street, New York, NY 10011
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Property type

Office with Commercial 7-19 Stories (O6)

Year built

1936

Lot sq. ft.

34,188

Sale price

$591,800,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Building name
Milk Studios Building
Primary address
Milk Studios Building - 450 West 15th Street
Alternate address(es)
444-454 W 15th St
447-459 W 14th St
ZIP code
10011
Neighborhood
Meatpacking District
Borough
Manhattan
Block & lot
00712-0001

Owner

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Building
Property type
Office with Commercial 7-19 Stories (O6)
Building sq. ft.
281,361
Building dimensions
150 ft x 207 ft
Buildings on lot
1
Stories
8
Year built
1936
Last altered
2012
Building material
Sales
Sale date
05/22/2019
Sale price
$591,800,000
Tax
Tax year
2026-2027
Property tax
$6,035,024
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
151.11 ft x 206.5 ft
Lot sq. ft.
34,188

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
95 /100.  Biker's Paradise
School district
2
Community district
4
Closest police station
0.42 Miles
Closest fire station
0.53 Miles

View more such as transportation, nearby schools and risk designations.

Ownership information for Milk Studios Building - 450 West 15th Street, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for Milk Studios Building - 450 West 15th Street, New York, NY 10011

Sale date Sale price Buyer name Seller name
05/22/2019 $591,800,000 XXXXX XXXX XXXXXXXXXXX XXX XXXXXXXXX XXX XXXX XXXX XXXXXX X X.
12/21/2012 $284,429,880 XXXXXXXXX XXX XXXX XXXX XXXXXX X X. XX XXXXXXX XXXX XXXXX, XXX
01/15/2008 $161,000,000 XX XXXXXXX XXXX XXXXX, XXX XXX XXXX XXXXXX X X X

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/13/2023 - R
10/03/2023 - D
Assignment, Mortgage
(2023101200230001)
XXXXXXXX XXXXXXXX XXXXXX XXX XXXXXXXX XXXXXXX XXXXXX XXXX XXX
09/03/2024 - R
06/06/2023 - D
NYC Real Property Transfer Tax
(2024090300524001)
XXXXXXX XX XXX XXXXXXXXX XXXXXXXX XXX XXX XXXXX XXXXX XXX
08/09/2023 - R
02/05/2021 - D
Assignment, Mortgage
(2023080800981001)
XXXX XXXX XXX XXXXXX XXX XXXXXXXX XXXXXXXX XXXXXX XXX
08/03/2023 - R
02/05/2021 - D
Agreement
(2023080200882001)
XXXXXXXX XXXXXXXX XXXXXX XXX XXXXXXXX XXX XXXXXX XXX
02/09/2021 - R
11/13/2020 - D
Agreement
(2021020401083001)
XXXXXXXX XXX XXXXXX XXX XXXXXXXX XXXXXXXX XXXXXX XXX
02/04/2021 - R
11/13/2020 - D
Agreement
(2021020200229001)
XXXXXXXX XXXXXXX XXXXXX XXXX XXX XXXXXXXX XXX XXXXXX XXX
01/27/2021 - R
11/13/2020 - D
Agreement
(2021012200954001)
XXX XXXXXXXXX X XXX XXXXXXXX XXXXXXX XXXXXX XXXX XXX
08/06/2019 - R
06/13/2019 - D
Agreement
(2019073100455001)
XXX XXXXXXXXXX XX XXXXXXXXXXXXXX XXXXXXXXX XXXXXXX XXXXXX XXX
05/28/2019 - R UCC3 Termination
(2019052800357003)
XXXXXXXXX XXX XXXX XXXX XXXXXX X X XXXXXXXX XXXXXXXX XXXXXXXXXXXX
05/28/2019 - R
05/22/2019 - D
Satisfaction of Mortgage
(2019052800357002)
XXXXXXXXX XXX XXXX XXXX XXXXXX X X XXXXXXXX XXXXXXXX XXXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Milk Studios Building - 450 West 15th Street, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$6,035,024
Municipal exemptions
Recent tax assessments
Market value
$123,628,000
Assessed value
$55,632,600

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $127,555,600 $57,400,000 $57,400,000 10.848% $6,226,752 $6,226,752 -1.53%
2024/25 $131,573,000 $59,207,850 $58,756,966 10.762% $6,323,425 $6,323,425 +1.27%
2023/24 $131,411,000 $59,134,950 $58,952,951 10.592% $6,244,297 $6,244,297 +2.36%
2022/23 $127,333,000 $57,299,850 $57,299,850 10.646% $6,100,142 $6,100,142 +1.51%
2021/22 $124,173,000 $55,877,850 $55,877,850 10.755% $6,009,663 $6,009,663 +5.36%
2020/21 $132,861,000 $59,787,450 $53,337,870 10.694% $5,703,952 $5,703,952 +12.74%
2019/20 $131,555,000 $59,199,750 $48,015,810 10.537% $5,059,426 $5,059,426 +14.63%
2018/19 $126,650,000 $56,992,500 $41,979,281 10.514% $4,413,702 $4,413,702 +17.33%
2017/18 $109,558,000 $49,301,100 $35,778,639 10.514% $3,761,766 $3,761,766 +17.83%
2016/17 $92,019,000 $41,408,550 $30,191,889 10.574% $3,192,490 $3,192,490 +16.76%

Permit information for Milk Studios Building - 450 West 15th Street, New York, NY

Filing date Job type Job status Job description Initial cost
04/21/2026 Alteration
10/23/2025 Alteration
04/23/2025 Alteration
03/14/2025 Alteration
02/01/2025 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/23/2024 Earcx-failure to submit eer none
04/25/2023 Lblvio-low pressure boiler boiler required
04/25/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
2

Subway & traffic

Closest station
8th Ave & 14th St at NW Corner
Station lines
A-C-E-L
Distance (miles)
0.289

Access the detailed traffic volume map for Milk Studios Building - 450 West 15th Street, New York, NY 10011 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Frequently asked questions

What is the year built for Milk Studios Building - 450 West 15th Street, New York, NY 10011?

The development at Milk Studios Building - 450 West 15th Street, New York, NY 10011 was built in 1936.

What is the market value of Milk Studios Building - 450 West 15th Street, New York, NY 10011?

The current market value of Milk Studios Building - 450 West 15th Street, New York, NY 10011 is $123,628,000.

What is the total square footage of Milk Studios Building - 450 West 15th Street, New York, NY 10011?

Milk Studios Building - 450 West 15th Street, New York, NY 10011 has a total of 281,361 square feet.

What is the price per square foot for this property?

$2,103 per square foot is the price for Milk Studios Building - 450 West 15th Street, New York, NY 10011.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 30.

Disclaimer

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