| Building name | Gimbels Administration Building |
| Primary address | Gimbels Administration Building - 116 West 32nd Street |
| Secondary address | 119-123 W 31st St |
| Neighborhood | Chelsea |
| Zip code | 10001 |
| Borough | Manhattan |
| Block & lot | 00807-0028 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 06/07/2016 |
| Purchase price | $349,707 |
| Tax class | Register |
| Estimated property tax | $2,367,289 |
| Lot sqft | 13,989 |
| Lot dimensions | |
| Building class | Office with Commercial 7-19 Stories (O6)
|
| Building sqft | 221,227 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 16 |
| Year built | 1912 |
| Year last altered | 1982 |
| School district | 2 |
| Community district | 5 |
| Closest police station | 0.42 Miles |
| Closest fire station | 0.05 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
You will find all alternate addresses for the property in this section.
This Office with Commercial 7-19 Stories (O6) located at Gimbels Administration Building - 116 West 32nd Street, New York, NY 10001 has a total of 221,227 square feet.
What is the year built & the current market value of Gimbels Administration Building - 116 West 32nd Street, New York, NY 10001?Gimbels Administration Building - 116 West 32nd Street, New York, NY 10001 was built in 1912 and has a current tax assessor's market value of $47,656,000.
How many commercial spaces does this building have?This building has 10 commercial spaces available for lease.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
Create a free account to view the complete sales history for 116 West 32nd Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 06/07/2016 | $349,707 | Register | Register |
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for Gimbels Administration Building - Gimbels Administration Building - 116 West 32nd Street, New York, NY 10001. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $2,181,027 |
| Estimated property tax: | $2,367,289 |
| Tax assessor's market value: | $47,656,000 |
| Assessed value: | $21,445,200 |
Here's the assessment & property tax history for 116 West 32nd Street, New York, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $47,656,000 | $21,445,200 | $20,105,340 | 10.848% | $2,181,027 | $2,181,027 | +0.45% |
| 2024/25 | $47,343,000 | $21,304,350 | $20,174,730 | 10.762% | $2,171,204 | $2,171,204 | +0.51% |
| 2023/24 | $46,706,000 | $21,017,700 | $20,394,000 | 10.592% | $2,160,132 | $2,160,132 | +1.13% |
| 2022/23 | $50,663,000 | $22,798,350 | $20,064,260 | 10.646% | $2,136,041 | $2,136,041 | +24.25% |
| 2021/22 | $35,521,000 | $15,984,450 | $15,984,450 | 10.755% | $1,719,128 | $1,719,128 | -20.31% |
The complete history of permits filed for 116 West 32nd Street, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.
Check out recently sold homes in Manhattan and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | 6th Ave & 32nd St at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | B-D-F-M-N-Q-R | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.058 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 6 Av/W 31 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | M5 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.06 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for Gimbels Administration Building - Gimbels Administration Building - 116 West 32nd Street, New York, NY 10001.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 875 6th Ave, New York | 214,349 | 06/30/2023 | $92,500,000 |
| 142 W 31st St, New York | 10,000 | ||
| 100 W 33rd St, New York | 1,105,991 | 11/01/2017 | $28,050,000 |
| 401 7th Ave, New York | 76,230 | ||
| 429 7th Ave, New York | 5,829 | 12/06/2019 | $35,000,000 |
| 124 W 31st St, New York | 01/29/2002 | ||
| 120 W 31st St, New York | 32,540 | 06/25/1996 | |
| 133 W 31st St, New York | 10,990 | 05/26/2005 | $940,660 |
| 143 W 31st St, New York | 7,517 | ||
| 148 W 31st St, New York | 12/19/2025 | $260,000,000 | |
| 138 W 32nd St, New York | 2,935 | 04/08/2015 | |
| 425 7th Ave, New York | 4,373 | 11/06/2025 | $30,000,000 |
| 144 W 32nd St, New York | 1,962 | ||
| 421 7th Ave, New York | 67,114 | 10/01/2014 | $35,658,069 |
| 116 W 31st St, New York | 49,286 | 04/29/2016 | $73,910,680 |
| 142 W 32nd St, New York | 2,940 | 04/08/2015 | |
| 371 7th Ave, New York | 473,391 | 12/19/2025 | $260,000,000 |
| 137 W 31st St, New York | 9,240 | 05/26/2005 | $940,660 |
| 140 W 31st St, New York | 17,923 | 01/21/1972 |
