| Building name | Squibb Building |
| Primary address | Squibb Building - 40 West 57th Street |
| Secondary address | 43-55 W 56th St |
| Neighborhood | Central Midtown |
| Borough | Manhattan |
| Block & lot | 01272-0063 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 11/01/2017 |
| Purchase price | $28,050,000 |
| Tax class | Register |
| Estimated property tax | $17,095,119 |
| Lot sqft | 40,166 |
| Lot dimensions | |
| Building class | Office Only with or without Commercial - 20 Stories or More (O4)
|
| Building sqft | 712,000 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 36 |
| Year built | 1972 |
| Year last altered | 2008 |
| Construction type | Register |
| School district | 2 |
| Community district | 5 |
| Closest police station | 0.43 Miles |
| Closest fire station | 0.28 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 Squibb Building - 40 West 57th Street, New York, NY 10019 has a total of 712,000 square feet and a current price per square foot of $39.
What is the year built & the current market value of Squibb Building - 40 West 57th Street, New York, NY 10019?Squibb Building - 40 West 57th Street, New York, NY 10019 was built in 1972 and has a current tax assessor's market value of $348,888,900.
How many commercial spaces does this building have?This building has 43 commercial spaces available for lease. There are 11 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 | 02/13/2026 |
| Lot size | 0.92 Acre |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 19th Floor | General Office | Listing price not available | 25,000 | Brett Stein James Saunders E. N. Cutler |
| 24th Floor | General Office | Listing price not available | 10,769 | Arkady Smolyansky Benjamin Joseph Evan Fiddle Gregg A. Rothkin Howard Fiddle |
| 14th Floor | General Office | Listing price not available | 3,250 | Arkady Smolyansky Benjamin Joseph Evan Fiddle Gregg A. Rothkin Howard Fiddle |
| 31st Floor | General Office | Listing price not available | 25,000 | Arkady Smolyansky Benjamin Joseph Evan Fiddle Gregg A. Rothkin Howard Fiddle |
| 30th Floor | General Office | Listing price not available | 25,000 | Arkady Smolyansky Benjamin Joseph Evan Fiddle Gregg A. Rothkin Howard Fiddle |
| 14th Floor | General Office | Listing price not available | 3,225 | Arkady Smolyansky Benjamin Joseph Evan Fiddle Gregg A. Rothkin Howard Fiddle |
| 4th Floor | General Office | Listing price not available | 25,000 | Arkady Smolyansky Benjamin Joseph Evan Fiddle Gregg A. Rothkin Howard Fiddle |
| 5th Floor | General Office | Listing price not available | 25,000 | Arkady Smolyansky Benjamin Joseph Evan Fiddle Gregg A. Rothkin Howard Fiddle |
| 3rd Floor | General Office | Listing price not available | 10,660 | Arkady Smolyansky Benjamin Joseph Evan Fiddle Gregg A. Rothkin Howard Fiddle |
| 27th Floor | General Office | Listing price not available | 25,000 | Arkady Smolyansky Benjamin Joseph Evan Fiddle Gregg A. Rothkin Howard Fiddle |
| 26th Floor | General Office | Listing price not available | 25,000 | Arkady Smolyansky Benjamin Joseph Evan Fiddle Gregg A. Rothkin Howard Fiddle |
Create a free account to view the complete sales history for 40 West 57th Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
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 Squibb Building - Squibb Building - 40 West 57th Street, New York, NY 10019. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $17,031,360 |
| Estimated property tax: | $17,095,119 |
| Tax assessor's market value: | $348,888,900 |
| Assessed value: | $157,000,000 |
Here's the assessment & property tax history for 40 West 57th 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 | $348,888,900 | $157,000,000 | $157,000,000 | 10.848% | $17,031,360 | $17,031,360 | -6.74% |
| 2024/25 | $377,111,100 | $169,700,000 | $169,700,000 | 10.762% | $18,263,114 | $18,263,114 | -5.48% |
| 2023/24 | $405,391,000 | $182,425,950 | $182,425,950 | 10.592% | $19,322,557 | $19,322,557 | +14.48% |
| 2022/23 | $352,319,000 | $158,543,550 | $158,543,550 | 10.646% | $16,878,546 | $16,878,546 | -8.53% |
| 2021/22 | $384,456,000 | $173,005,200 | $171,565,200 | 10.755% | $18,606,709 | $18,451,837 | -9.84% |
The complete history of permits filed for 40 West 57th 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 & 57th St at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | F | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.057 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | W 57 St/Av of the Americas | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | M57 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.039 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for Squibb Building - Squibb Building - 40 West 57th Street, New York, NY 10019.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 50 W 57th St, New York | 73,732 | 01/19/2006 | $51,700,000 |
| 35 W 57th St, New York | 11,331 | 10/10/2006 | $24,400,000 |
| 10 W 57th St, New York | 81,174 | 12/09/2015 | $6,967,907 |
| 15 W 56th St, New York | 54,959 | 11/24/1998 | |
| 43 W 57th St, New York | 04/12/2023 | ||
| 41 W 57th St, New York | 04/12/2023 | ||
| 33 W 57th St, New York | 06/15/2007 | ||
| 6 W 57th St, New York | 15,500 | 10/01/1995 | |
| 56 W 57th St, New York | 09/10/2003 | $8,730,000 | |
| 57 W 57th St, New York | 143,914 | 10/28/2004 | $25,000,000 |
| 45 W 57th St, New York | 31,583 | 04/12/2023 | |
| 11 W 56th St, New York | 9,447 | 12/17/2015 | |
| 17 W 56th St, New York | 9,912 | 12/24/2009 | $7,900,000 |
| 19 W 56th St, New York | 09/06/2007 | $15,000,000 | |
| 30 W 57th St, New York | 34,300 | 01/31/2008 | $56,500,000 |
| 52 W 57th St, New York | 9,616 | 12/03/1998 | |
| 37 W 57th St, New York | 04/24/2023 | $77,500,000 | |
| 20 W 57th St, New York | 07/18/2007 | $60,000,000 | |
| 16 W 57th St, New York | 20,800 | 05/13/2016 | $128,000,000 |
| 720 5th Ave, New York | 113,292 | 12/19/2023 | $397,395,000 |
