Manhattan  »  10036  »  W 44th St  »  15 W 44th St

The Paragon Building - 15 West 44th Street, New York, NY 10036 - Property report

Also known as: 7 W 44th St

Property image for The Paragon Building - 15 West 44th Street, New York, NY 10036
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Property type

Office with Commercial 7-19 Stories (O6)

Year built

1914

Lot sq. ft.

7,532

Sale price

$68,000,000

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
The Paragon Building
Primary address
The Paragon Building - 15 West 44th Street
Alternate address(es)
11 W 44th St
15-17 W 44th St
7 W 44th St
ZIP code
10036
Neighborhood
Central Midtown
Borough
Manhattan
Block & lot
01260-0028

Owner

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Building
Property type
Office with Commercial 7-19 Stories (O6)
Building sq. ft.
52,851
Building dimensions
50 ft x 100 ft
Buildings on lot
1
Stories
12
Year built
1914
Last altered
1985
Sales
Sale date
05/18/2017
Sale price
$68,000,000
Tax
Tax year
2026-2027
Property tax
$735,755
Tax class
Zoning & Use
Zoning
Commercial units
14
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
75 ft x 100.42 ft
Lot sq. ft.
7,532
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Current built area
52,875 sq. ft.
Buildable area

Area overview

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

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

Building Description

The Paragon Building located at 15-17 West 44th Street in Central Midtown was built in 1914. This commercial office building is twelve stories high and was designed by George and Edward Blum. It has 14 commercial units with a total of 48,351 square feet to go around. The Paragon Building is within easy walking distance from two subway stations in Bryant Park servicing the 7-7 Express-B-D-F lines.

Nearby Bryant Park is a great place to spend lunch-hour relaxing outdoors. Plenty of eateries, from the quick to the fanciful, are sprinkled around the park, and H&M, Zara and Best Buy are just a few blocks away as well, for a little after-hour shopping. There's even a Strip House steak place on the ground floor so employees at this location need not go far for a full-carnivore meal. Several luxury hotels and boutique hotels are nearby, offering business travelers easy access to 15-117th West 44th St.

Ownership information for The Paragon Building - 15 West 44th 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 The Paragon Building - 15 West 44th Street, New York, NY 10036

Sale date Sale price Buyer name Seller name
05/18/2017 $68,000,000 XXXX-XXXXXXXX XXXXXXXX XXXXXX XXX X XXXX XXXX XX. XXXXXX XXX
12/17/2013 $29,000,000 X XXXX XXXX XX. XXXXXX XXX XX XXXX XXXX XXXXXX XXXXXXXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/02/2018 - R
04/27/2018 - D
Zoning Lot Description
(2018050200719002)
XXXXXXXXXXXX XXXXXXXX XXXXXX XXX
05/02/2018 - R
04/02/2018 - D
Certificate
(2018050200719001)
XXXXX XXXXXXXX XXXXX XXXXXXXXX XXXXXXX
09/19/2017 - R
06/21/2017 - D
Termination of Assign of L&R
(2017091401083002)
XXXX XXXXXXX XXXX X XXXX XXXX XX XXXXXX XXX
09/19/2017 - R
06/21/2017 - D
Termination of Agreement
(2017091401083001)
XXXX XXXXXXX XXXX X XXXX XXXX XX XXXXXX XXX
05/24/2017 - R
05/18/2017 - D
Deed
(2017052200548001)
X XXXX XXXX XX XXXXXX XXX XXXXXXXXXXXX XXXXXXXX XXXXXX XXX
05/24/2017 - R
05/12/2017 - D
Satisfaction of Mortgage
(2017052200648001)
X XXXX XXXX XX XXXXXX XXX XXXX XXXXXXX XXXX
02/14/2017 - R
12/05/2016 - D
NYC Real Property Transfer Tax
(2017021301316002)
XXX X X XXXXXXXXXX XXXXXXXX XXXXXXXX XXX XXX XXX XXX
06/01/2015 - R
05/19/2015 - D
Zoning Lot Description
(2015051900123002)
X XXXX XXXX XX XXXXXX XXX
04/24/2015 - R
04/13/2015 - D
Zoning Lot Description
(2015041600318001)
X XXXX XXXX XX XXXXXX XXX
06/01/2015 - R
04/03/2015 - D
Certificate
(2015051900123001)
XXXXXXXX XXXXXXXX XXXXX XXXXXXXXX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for The Paragon Building - 15 West 44th 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
$735,755
Municipal exemptions
Recent tax assessments
Market value
$15,072,000
Assessed value
$6,782,400

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 $16,314,000 $7,341,300 $6,803,280 10.848% $738,020 $738,020 -0.51%
2024/25 $16,124,000 $7,255,800 $6,892,830 10.762% $741,806 $741,806 +1.77%
2023/24 $15,811,000 $7,114,950 $6,881,760 10.592% $728,916 $728,916 +2.10%
2022/23 $14,903,000 $6,706,350 $6,706,350 10.646% $713,958 $713,958 +18.58%
2021/22 $12,440,000 $5,598,000 $5,598,000 10.755% $602,065 $602,065 -20.51%
2020/21 $17,309,000 $7,789,050 $7,082,370 10.694% $757,389 $757,389 +6.44%
2019/20 $16,001,000 $7,200,450 $6,752,696 10.537% $711,532 $711,532 +4.26%
2018/19 $15,653,000 $7,043,850 $6,491,246 10.514% $682,490 $682,490 +5.78%
2017/18 $15,887,000 $7,149,150 $6,136,736 10.514% $645,216 $645,216 +7.24%
2016/17 $13,843,000 $6,229,350 $5,690,156 10.574% $601,677 $601,677 +5.46%

Permit information for The Paragon Building - 15 West 44th Street, New York, NY

Filing date Job type Job status Job description Initial cost
09/19/2024 Alteration
08/21/2024 Alteration
06/09/2022 Alteration
05/04/2021 Alteration
12/02/2020 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
11/14/2025 Lblvio-low pressure boiler boiler required
06/30/2023 Lblvio-low pressure boiler boiler required
04/25/2023 Lblvio-low pressure boiler boiler required

*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
-

Subway & traffic

Closest station
5th Ave & 42nd St at SW Corner
Station lines
B-D-F-M-7
Distance (miles)
0.134

Access the detailed traffic volume map for The Paragon Building - 15 West 44th Street, New York, NY 10036 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 The Paragon Building - 15 West 44th Street, New York, NY 10036?

The development at The Paragon Building - 15 West 44th Street, New York, NY 10036 was built in 1914.

What is the market value of The Paragon Building - 15 West 44th Street, New York, NY 10036?

The current market value of The Paragon Building - 15 West 44th Street, New York, NY 10036 is $15,072,000.

What is the total square footage of The Paragon Building - 15 West 44th Street, New York, NY 10036?

The Paragon Building - 15 West 44th Street, New York, NY 10036 has a total of 52,851 square feet.

What is the price per square foot for this property?

$1,286 per square foot is the price for The Paragon Building - 15 West 44th Street, New York, NY 10036.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 14.

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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