| Building name | McGraw-Hill Building |
| Primary address | McGraw-Hill Building - 1221 Avenue of the Americas |
| Secondary address | 101-145 W 48th St |
| Neighborhood | Theatre District - Times Square |
| Zip code | 10020 |
| Borough | Manhattan |
| Block & lot | 01001-0029 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Lot sq. ft. | 102,452 |
| Lot dimensions | |
| Property type | Office Only with or without Commercial - 20 Stories or More (O4)
|
| Building sqft | 2,636,182 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 51 |
| Year built | 1971 |
| Construction type | Register |
| School district | 2 |
| Community district | 5 |
| Closest police station | 0.34 Miles |
| Closest fire station | 0.20 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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You will find all alternate addresses for the property in this section.
This Office Only with or without Commercial - 20 Stories or More (O4) located at McGraw-Hill Building - 1221 Avenue of the Americas, New York, NY 10020 has a total of 2,636,182 square feet and a current price per square foot of $10.
What is the year built & the current market value of McGraw-Hill Building - 1221 Avenue of the Americas, New York, NY 10020?McGraw-Hill Building - 1221 Avenue of the Americas, New York, NY 10020 was built in 1971 and has a current tax assessor's market value of $1,278,488,900.
How many commercial spaces does this building have?This building has 71 commercial spaces available for lease. There are 6 active listings at this address.
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.
| Listing type | For Lease |
|---|---|
| Last updated | 05/07/2026 |
| Lot size | 2.36 Acre |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 1221 Avenue of the Americas #A | Retail | Listing price not available | 7,283 | Eric Gelber Jordan Kaplan Jessica Tauber Kyle Gelber |
| 1221 Avenue of the Americas #A | General Office | Listing price not available | 5,709 | Eric Gelber Jordan Kaplan Jessica Tauber Kyle Gelber |
| 1221 Avenue of the Americas #B | General Office | Listing price not available | 3,811 | Eric Gelber Jordan Kaplan Jessica Tauber Kyle Gelber |
| 1221 Avenue of the Americas Ground Floor | Retail | Listing price not available | 3,432 | Eric Gelber Jordan Kaplan Jessica Tauber Kyle Gelber |
| Listing type | For Lease |
|---|---|
| Listing date | 09/23/2019 |
| Last updated | 06/25/2026 |
A 51-story structure with approximately 2,200,000 rentable square feet, built in 1971.
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 22 Floor | General Office | $130/Sq. ft./Year | 47,777 | Paige Engeldrum Pierce Hance Jr. Daniel Organ Robert R. Lowe |
| 34 Floor | General Office | $140/Sq. ft./Year | 48,837 | Paige Engeldrum Pierce Hance Jr. Daniel Organ Robert R. Lowe |
Create a free account to view the complete sales history for 1221 Avenue of the Americas, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 11/01/2017 | $28,050,000 | 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 McGraw-Hill Building - McGraw-Hill Building - 1221 Avenue of the Americas, New York, NY 10020. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2026-2027 |
| Property tax: | $59,847,595 |
| Tax assessor's market value: | $1,278,488,900 |
| Assessed value: | $575,320,000 |
Here's the assessment & property tax history for 1221 Avenue of the Americas, 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 | $1,268,385,000 | $570,773,250 | $536,957,550 | 10.848% | $58,249,155 | $58,249,155 | +3.45% |
| 2024/25 | $1,237,924,000 | $557,065,800 | $523,202,900 | 10.762% | $56,307,096 | $56,307,096 | +3.10% |
| 2023/24 | $1,205,872,000 | $542,642,400 | $515,602,040 | 10.592% | $54,612,568 | $54,612,568 | +2.34% |
| 2022/23 | $1,139,246,000 | $512,660,700 | $501,273,560 | 10.646% | $53,365,583 | $53,365,583 | +0.50% |
| 2021/22 | $1,114,768,000 | $501,645,600 | $493,741,420 | 10.755% | $53,101,890 | $53,101,890 | +3.18% |
The complete history of permits filed for 1221 Avenue of the Americas, 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 & 48-49th Sts at W Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | B-D-F-M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.047 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Here are the neighbors for McGraw-Hill Building - McGraw-Hill Building - 1221 Avenue of the Americas, New York, NY 10020.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 745 7th Ave, New York | 1,020,000 | 01/19/2016 | $10 |
| 1251 Avenue of the Americas, New York | 2,101,115 | ||
| 135 W 50th St, New York | 865,759 | 12/09/2019 | $285,000,000 |
| 727 7th Ave, New York | 14,420 | 01/02/1983 | |
| 150 W 49th St, New York | 5,272 | 03/25/2003 | |
| 142 W 49th St, New York | 71,615 | 02/19/1999 | |
| 152 W 49th St, New York | 22,645 | 10/20/2014 | $30,000,000 |
| 729 7th Ave, New York | 172,075 | ||
| 159 W 48th St, New York | 277,509 | 06/24/2019 | |
| 719 7th Ave, New York | 7,887 | 06/17/2024 | $32,459,333 |
| 163 W 48th St, New York | 5,820 | 07/31/2018 | |
| 725 7th Ave, New York | 11,000 | 03/30/2016 | |
| 721 7th Ave, New York | 47,125 | 10/20/2014 | |
| 167 W 48th St, New York | 2,855 | 10/20/2014 | |
| 148 W 49th St, New York | 5,173 | 03/25/2003 | |
| 711 7th Ave, New York | 138,464 | 11/18/2022 | |
| 717 7th Ave, New York | 3,450 | 12/31/2019 |
