New York City  »  10018  »  5th Ave  »  452 5th Ave

HSBC Tower - 452 5th Avenue, New York, NY 10018 - Property report

Also known as: 2 W 40th St

Property image for HSBC Tower - 452 5th Avenue, New York, NY 10018
static Mapbox map

Property type

Office Only with or without Commercial - 20 Stories or More (O4)

Year built

1902

Lot sq. ft.

32,834

Sale price

$330,000,000

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
HSBC Tower
Primary address
HSBC Tower - 452 5th Avenue
Alternate address(es)
2 W 40th St
4 W 40th St
442-450 5th Ave
ZIP code
10018
Neighborhood
Garment District
Borough
Manhattan
Block & lot
00841-0049

Owner

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Building
Property type
Office Only with or without Commercial - 20 Stories or More (O4)
Building sq. ft.
616,352
Building dimensions
197 ft x 185 ft
Buildings on lot
2
Stories
29
Year built
1902
Last altered
2013
Building material
Sales
Sale date
04/13/2010
Sale price
$330,000,000 - M
Tax
Tax year
2026-2027
Property tax
$16,756,255
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
197.5 ft x 185 ft
Lot sq. ft.
32,834

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
88 /100.  Very Bikeable
School district
2
Community district
5
Closest police station
0.62 Miles
Closest fire station
0.18 Miles

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

Ownership

Ownership information for HSBC Tower - 452 5th Avenue, New York, NY

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

Sales history for HSBC Tower - 452 5th Avenue, New York, NY 10018

Sale date Sale price Buyer name Seller name
04/13/2010 $330,000,000 XXX XXXXX XXXXXX XXX XXXXXXXX XXXXX (XXX) XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/17/2026 - R Initial UCC1
(2026061700282001)		 XXX XXXXX XXXXXX XXX XXXXXXX XXX XXXX XXXXXX XXX
06/17/2026 - R
06/10/2026 - D		 Assignment of Leases and Rents
(2026061500522002)		 XXX XXXXX XXXXXX XXX XXXXXX XXX XXXX XXXXXX XXX
06/17/2026 - R
06/10/2026 - D		 Mortgage
(2026061500522001)		 XXX XXXXX XXXXXX XXX XXXXXX XXX XXXX XXXXXX XXX
08/25/2026 - R
05/13/2026 - D		 Agreement
(2026081801038002)		 XXXXXX XXX XXXX XXXXXX XXX XXXXX XXXXXXXX XXX
08/25/2026 - R
05/13/2026 - D		 Memorandum of Lease
(2026081801038001)		 XXX XXXXX XXXXXX XXX XXXXX XXXXXXXX XXX
12/11/2025 - R Initial UCC1
(2025121000730003)		 XXX XXXXX XXXXXX XXX XXXXXX XXX XXXX XXXXXX XXX XX XXXXXXX
12/11/2025 - R
12/08/2025 - D		 Assignment of Leases and Rents
(2025121000730002)		 XXX XXXXX XXXXXX XXX XXXXXX XXX XXXX XXXXXX XXX XX XXXXXXX
12/11/2025 - R
12/08/2025 - D		 Mortgage
(2025121000730001)		 XXX XXXXX XXXXXX XXX XXXXXX XXX XXXX XXXXXX XXX XX XXXXXXX
08/28/2025 - R
06/20/2025 - D		 Memorandum of Lease
(2025080400902001)		 XXX XXXXX XXXXXX XXX XXX XXXXX XXXXXXX XXX
04/30/2025 - R
04/16/2025 - D		 Agreement
(2025042500341001)		 XXXXXX XXX XXXX XXXXXX XXX XXX XXXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for HSBC Tower - 452 5th 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
$16,756,255
Municipal exemptions
Recent tax assessments
Market value
$343,253,300
Assessed value
$154,464,000

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 $349,781,000 $157,401,450 $151,082,230 10.848% $16,389,400 $16,389,400 -0.44%
2024/25 $367,297,000 $165,283,650 $152,966,270 10.762% $16,462,230 $16,462,230 +2.35%
2023/24 $351,887,000 $158,349,150 $151,859,540 10.592% $16,084,962 $16,084,962 +0.58%
2022/23 $344,217,000 $154,897,650 $150,219,710 10.646% $15,992,390 $15,992,390 +16.76%
2021/22 $283,002,000 $127,350,900 $127,350,900 10.755% $13,696,589 $13,696,589 -13.73%
2020/21 $353,222,200 $158,949,990 $148,464,250 10.694% $15,876,767 $15,876,767 +9.43%
2019/20 $355,000,000 $159,750,000 $137,694,083 10.537% $14,508,826 $14,508,826 +10.65%
2018/19 $333,666,666 $150,150,000 $124,710,771 10.514% $13,112,090 $13,112,090 +9.05%
2017/18 $320,016,000 $144,007,200 $114,356,402 10.514% $12,023,432 $12,023,432 +8.92%
2016/17 $295,325,000 $132,896,250 $104,395,373 10.574% $11,038,767 $11,038,767 +10.52%
Permits

Permit information for HSBC Tower - 452 5th Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
08/25/2026 Alteration
08/21/2026 Alteration
08/19/2026 Alteration
08/06/2026 Alteration
07/31/2026 Alteration

*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
08/21/2022 Earcx-failure to submit eer none
12/01/2021 Egrade-failure to post energy grade/score

*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
5th Ave & 42nd St at SW Corner
Station lines
B-D-F-M-7
Distance (miles)
0.117
View subway map

Access the detailed traffic volume map for HSBC Tower - 452 5th 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 HSBC Tower - 452 5th Avenue, New York, NY

80 W 40th St, New York 12 W 40th St, New York 36 W 40th St, New York 21 W 39th St, New York 43 W 39th St, New York 47 W 39th St, New York 28 W 40th St, New York 50 W 40th St, New York 54 W 40th St, New York 40 W 40th St, New York 70 W 40th St, New York 1 W 39th St, New York 25 W 39th St, New York 37 W 39th St, New York 45 W 39th St, New York 58 W 40th St, New York 49 W 39th St, New York 23 W 39th St, New York 55 W 39th St, New York

Nearby ZIP codes for HSBC Tower - 452 5th 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 HSBC Tower - 452 5th Avenue, New York, NY 10018?

The development at HSBC Tower - 452 5th Avenue, New York, NY 10018 was built in 1902.

What is the market value of HSBC Tower - 452 5th Avenue, New York, NY 10018?

The current market value of HSBC Tower - 452 5th Avenue, New York, NY 10018 is $343,253,300.

What is the total square footage of HSBC Tower - 452 5th Avenue, New York, NY 10018?

HSBC Tower - 452 5th Avenue, New York, NY 10018 has a total of 616,352 square feet.

What is the price per square foot for this property?

$535 per square foot is the price for HSBC Tower - 452 5th Avenue, New York, NY 10018.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 17.

How many active listings does HSBC Tower - 452 5th Avenue, New York, NY 10018 have?

This address has 4 active listing(s).

Disclaimer

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