New York City  »  10001  »  W 28th St  »  229 W 28th St

Caxton Building - 229 West 28th Street, New York, NY 10001 - Property report

Also known as: 229 W 28th St

Property image for Caxton Building - 229 West 28th Street, New York, NY 10001
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Property type

Office with Commercial 7-19 Stories (O6)

Year built

1917

Lot sq. ft.

12,135

Sale price

$35,150,000

General information

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Address
Building name
Caxton Building
Primary address
Caxton Building - 229 West 28th Street
Alternate address(es)
229-239 W 28th St
ZIP code
10001
Neighborhood
Chelsea
Borough
Manhattan
Block & lot
00778-0020

Owner

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Building
Property type
Office with Commercial 7-19 Stories (O6)
Building sq. ft.
156,500
Building dimensions
124.17 ft x 90 ft
Buildings on lot
1
Stories
12
Year built
1917
Building material
Sales
Sale date
01/18/2024
Sale price
$35,150,000
Tax
Tax year
2026-2027
Property tax
$2,152,913
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
124.17 ft x 98.75 ft
Lot sq. ft.
12,135

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
95 /100.  Biker's Paradise
School district
2
Community district
5
Closest police station
0.38 Miles
Closest fire station
0.16 Miles

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

Units for Caxton Building - 229 West 28th Street, New York, NY

Ownership information for Caxton Building - 229 West 28th 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 Caxton Building - 229 West 28th Street, New York, NY 10001

Sale date Sale price Buyer name Seller name
01/18/2024 $35,150,000 XXXXX XXXXXX XXX XXXXX XX XXX XXX
03/03/2014 $81,500,000 XXXXX XX XXX XXX XXX XXXX XXXX XXXXX XXX
05/30/2007 $48,116,000 XXX XXXX XXXX XXXXX XXX XXX XXXX XXXX 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
01/31/2024 - R
01/18/2024 - D
Termination of Assign of L&R
(2024012600010005)
XXXXX XX XXX XXX XXXXX XXXXXX XXX
01/31/2024 - R
01/18/2024 - D
Satisfaction of Mortgage
(2024012600010004)
XXXXX XX XXX XXX XXXXX XXXXXX XXX
01/31/2024 - R
01/18/2024 - D
Deed
(2024012600010003)
XXXXX XX XXX XXX XXXXX XXXXXX XXX
01/31/2024 - R
01/18/2024 - D
Asgn of Asgn of L&R
(2024012600010002)
XXXXXX XXXXXXX XXXXXXXXXXX XXXXX XXXXXX XXX
01/31/2024 - R
01/18/2024 - D
Assignment, Mortgage
(2024012600010001)
XXXXXX XXXXXXX XXXXXXXXXXX XXXXX XXXXXX XXX
02/03/2021 - R
10/29/2020 - D
License
(2021012901236001)
XXXXX XX XXX XXX XXX XXXX XXXX XXXXXX XXXXX XXX
07/14/2020 - R
07/06/2020 - D
Termination of Lease or Memo
(2020070700791004)
XXX XXXX XXXX XXXXXX XXXXX XXX XXXXX XX XXX XXX
07/14/2020 - R
07/06/2020 - D
Termination of Agreement
(2020070700791003)
XXX XXXXXX XXXXXXXXXX XXX XXXXX XX XXX XXX
07/14/2020 - R
07/06/2020 - D
Easement
(2020070700791002)
XXX XXXXXX XXXXXXXXXX XXX XXXXX XX XXX XXX
07/14/2020 - R
06/24/2019 - D
Sundry Miscellaneous
(2020070700791001)
XXXXXX XXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Caxton Building - 229 West 28th 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
$2,152,913
Municipal exemptions
Recent tax assessments
Market value
$44,520,000
Assessed value
$20,034,000

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 $44,095,000 $19,842,750 $19,636,380 10.848% $2,130,155 $2,130,155 +0.91%
2024/25 $43,590,000 $19,615,500 $19,615,500 10.762% $2,111,020 $2,111,020 +1.32%
2023/24 $43,841,000 $19,728,450 $19,670,576 10.592% $2,083,507 $2,083,507 +1.96%
2022/23 $44,467,000 $20,010,150 $19,194,748 10.646% $2,043,473 $2,043,473 +4.21%
2021/22 $42,189,000 $18,985,050 $18,232,887 10.755% $1,960,947 $1,960,947 +10.38%
2020/21 $44,004,000 $19,801,800 $16,612,869 10.694% $1,776,580 $1,776,580 +13.81%
2019/20 $43,117,000 $19,402,650 $14,814,499 10.537% $1,561,004 $1,561,004 +14.49%
2018/19 $37,830,000 $17,023,500 $12,967,740 10.514% $1,363,428 $1,363,428 +14.88%
2017/18 $33,041,000 $14,868,450 $11,287,620 10.514% $1,186,780 $1,186,780 +11.12%
2016/17 $25,861,000 $11,637,450 $10,100,520 10.574% $1,068,029 $1,068,029 +11.80%

Permit information for Caxton Building - 229 West 28th Street, New York, NY

Filing date Job type Job status Job description Initial cost
08/03/2026 Alteration CO
06/26/2026 Alteration
06/26/2026 Alteration
01/15/2026 Alteration CO
01/15/2026 Alteration CO

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
10/04/2023 Aeuhaz1-fail to certify class 1 none
09/06/2019 Acc1-(other BLDGS types) - elevator affirmation of correction
09/06/2019 Acc1-(other BLDGS types) - elevator affirmation of correction

*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

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
6

Subway & traffic

Closest station
7th Ave & 28th St at NW Corner
Station lines
1
Distance (miles)
0.08

Access the detailed traffic volume map for Caxton Building - 229 West 28th Street, New York, NY 10001 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 Caxton Building - 229 West 28th Street, New York, NY 10001?

The development at Caxton Building - 229 West 28th Street, New York, NY 10001 was built in 1917.

What is the market value of Caxton Building - 229 West 28th Street, New York, NY 10001?

The current market value of Caxton Building - 229 West 28th Street, New York, NY 10001 is $44,520,000.

What is the total square footage of Caxton Building - 229 West 28th Street, New York, NY 10001?

Caxton Building - 229 West 28th Street, New York, NY 10001 has a total of 156,500 square feet.

What is the price per square foot for this property?

$224 per square foot is the price for Caxton Building - 229 West 28th Street, New York, NY 10001.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 10.

How many active listings does Caxton Building - 229 West 28th Street, New York, NY 10001 have?

This address has 5 active listing(s).

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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