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Holiday Inn New York City - Times Square - 585 8th Avenue, New York, NY 10018 - Property report

Also known as: 306 W 39th St

Property image for Holiday Inn New York City - Times Square - 585 8th Avenue, New York, NY 10018
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Property type

Limited Service - Many Affiliated with National Chain (H3)

Year built

2013

Lot sq. ft.

7,402

Sale price

$19,250,000

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
Holiday Inn New York City - Times Square
Primary address
Holiday Inn New York City - Times Square - 585 8th Avenue
Alternate address(es)
306 W 39th St
585-587 8th Ave
ZIP code
10018
Neighborhood
Garment District
Borough
Manhattan
Block & lot
00762-0038

Owner

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Building
Property type
Limited Service - Many Affiliated with National Chain (H3)
Building sq. ft.
103,133
Building dimensions
49.33 ft x 125 ft
Buildings on lot
1
Stories
35
Year built
2013
Building material
Sales
Sale date
04/30/2012
Sale price
$19,250,000
Tax
Tax year
2026-2027
Property tax
$1,931,044
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
49.33 ft x 125 ft
Lot sq. ft.
7,402

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
89 /100.  Very Bikeable
School district
2
Community district
4
Closest police station
0.15 Miles
Closest fire station
0.14 Miles

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

Ownership

Ownership information for Holiday Inn New York City - Times Square - 585 8th Avenue, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

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

Sales history for Holiday Inn New York City - Times Square - 585 8th Avenue, New York, NY 10018

Sale date Sale price Buyer name Seller name
04/30/2012 $19,250,000 XXXX XXXXXXX XXX X XXXXXX XXXXXX XXXXXXXXXX XXX
06/28/2006 $20,025,000 X XXXXXX XXXXXX XXXXXXXXXX XXX XXXX X XXXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
07/22/2024 - R Initial UCC1
(2024072200429001)		 XXXX XXXXXXXX XXX XXXXXXXX XXXX XX XXX XXXX XXXXXX
12/11/2018 - R
12/06/2018 - D		 Sundry Miscellaneous
(2018120700405001)		 XXXX XXXXXXXX XXX
11/21/2018 - R
11/16/2018 - D		 Sundry Miscellaneous
(2018111900502001)		 XXXX XXXXXXXX XXX
08/25/2017 - R Initial UCC1
(2017082200235004)		 XXXX XXXXXXXX XXX XXXXXXXX XXXX XX XXX XXXX XXXXXX
08/25/2017 - R
08/18/2017 - D		 Assignment of Leases and Rents
(2017082200235003)		 XXXX XXXXXXXX XXX XXXXXXXX XXXX XX XXX XXXX XXXXXX
08/25/2017 - R
08/18/2017 - D		 Agreement
(2017082200235002)		 XXXX XXXXXXXX XXX XXXXXXXX XXXX XX XXX XXXX XXXXXX
08/25/2017 - R
08/18/2017 - D		 Mortgage
(2017082200235001)		 XXXX XXXXXXXX XXX XXXXXXXX XXXX XX XXX XXXX XXXXXX
10/30/2015 - R UCC3 Termination
(2015103000135003)		 XXXX XXXXXXXX XXX XXXX XXXXX XXXXXX
10/30/2015 - R UCC3 Termination
(2015103000135002)		 XXXX XXXXXXXX XXX XXXX XXXXX XXXXXX
10/30/2015 - R UCC3 Termination
(2015103000135001)		 XXXX XXXXXXXX XXX XXXX XXXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Holiday Inn New York City - Times Square - 585 8th Avenue, 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
$1,931,044
Municipal exemptions
Recent tax assessments
Market value
$42,524,000
Assessed value
$19,135,800

More about New York City property taxes

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 $42,162,000 $18,972,900 $17,041,770 10.848% $1,848,691 $1,848,691 -1.66%
2024/25 $41,563,000 $18,703,350 $17,467,190 10.762% $1,879,819 $1,879,819 +7.58%
2023/24 $36,659,000 $16,496,550 $16,496,550 10.592% $1,747,315 $1,747,315 +4.57%
2022/23 $34,880,000 $15,696,000 $15,696,000 10.646% $1,670,996 $1,670,996 +1.28%
2021/22 $34,089,000 $15,340,050 $15,340,050 10.755% $1,649,822 $1,649,822 -29.24%
2020/21 $49,318,000 $22,193,100 $21,803,820 10.694% $2,331,701 $2,331,701 +4.54%
2019/20 $48,438,000 $21,797,100 $21,167,880 10.537% $2,230,460 $2,230,460 +6.20%
2018/19 $48,990,000 $22,045,500 $19,975,260 10.514% $2,100,199 $2,100,199 +3.90%
2017/18 $54,462,000 $24,507,900 $19,225,620 10.514% $2,021,382 $2,021,382 +9.66%
2016/17 $47,842,000 $21,528,900 $17,431,920 10.574% $1,843,251 $1,843,251 +47.42%
Permits

Permit information for Holiday Inn New York City - Times Square - 585 8th Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
11/17/2022 Alteration
02/15/2019 Alteration type 2
01/15/2019 Alteration type 2
12/23/2018 Alteration
11/22/2017 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
04/22/2023 Earcx-failure to submit eer none
04/29/2021 Egrade-failure to post energy grade/score none
03/01/2021 E-elevator elevatorrequired

*Most recent DOB violations on record for this property.

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
8th Ave & 40th St at SW Corner
Station lines
A-C-E-N-Q-R-S-1-2-3-7
Distance (miles)
0.062
View subway map

Access the detailed traffic volume map for Holiday Inn New York City - Times Square - 585 8th Avenue, New York, NY 10018 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

Neighbors for Holiday Inn New York City - Times Square - 585 8th Avenue, New York, NY

330 W 39th St, New York 510 9th Ave, New York 520 9th Ave, New York 331 W 38th St, New York 589 8th Ave, New York 352 W 39th St, New York 341 W 38th St, New York 338 W 39th St, New York 354 W 39th St, New York 522 9th Ave, New York 333 W 38th St, New York 318 W 39th St, New York 351 W 38th St, New York 310 W 39th St, New York 316 W 39th St, New York 575 8th Ave, New York 325 W 38th St, New York 506 9th Ave, New York

Nearby ZIP codes for Holiday Inn New York City - Times Square - 585 8th Avenue, New York, NY

10001, New York City, NY 10011, New York City, NY 10016, New York City, NY 10019, New York City, NY 10020, New York City, NY 10036, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10119, New York City, NY 10165, New York City, NY 10167, New York City, NY 10169, New York City, NY 10170, New York City, NY 10173, New York City, NY 10174, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for Holiday Inn New York City - Times Square - 585 8th Avenue, New York, NY 10018?

The development at Holiday Inn New York City - Times Square - 585 8th Avenue, New York, NY 10018 was built in 2013.

What is the market value of Holiday Inn New York City - Times Square - 585 8th Avenue, New York, NY 10018?

The current market value of Holiday Inn New York City - Times Square - 585 8th Avenue, New York, NY 10018 is $42,524,000.

What is the total square footage of Holiday Inn New York City - Times Square - 585 8th Avenue, New York, NY 10018?

Holiday Inn New York City - Times Square - 585 8th Avenue, New York, NY 10018 has a total of 103,133 square feet.

What is the price per square foot for this property?

$186 per square foot is the price for Holiday Inn New York City - Times Square - 585 8th Avenue, New York, NY 10018.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 271.

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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