| Building name | Millinery Building |
| Primary address | Millinery Building - 1040 Avenue of the Americas |
| Secondary address | 59-65 W 39th St |
| Neighborhood | Garment District |
| Zip code | 10018 |
| Borough | Manhattan |
| Block & lot | 00841-0001 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 11/01/2007 |
| Purchase price | $170,000,000 |
| Tax class | Register |
| Estimated property tax | $3,658,954 |
| Lot sq. ft. | 9,875 |
| Lot dimensions | |
| Property type | Office Only with or without Commercial - 20 Stories or More (O4)
|
| Building sqft | 216,932 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 23 |
| Year built | 1925 |
| Year last altered | 1979 |
| Construction type | Register |
| School district | 2 |
| Community district | 5 |
| Closest police station | 0.49 Miles |
| Closest fire station | 0.19 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 Millinery Building - 1040 Avenue of the Americas, New York, NY 10018 has a total of 216,932 square feet and a current price per square foot of $783.
What is the year built & the current market value of Millinery Building - 1040 Avenue of the Americas, New York, NY 10018?Millinery Building - 1040 Avenue of the Americas, New York, NY 10018 was built in 1925 and has a current tax assessor's market value of $79,564,000.
How many commercial spaces does this building have?This building has 32 commercial spaces available for lease. There are 3 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 | 11/27/2025 |
| Lot size | 0.23 Acre |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| #A | General Office | Listing price not available | 3,670 | Ariel Harwood J. D. Cohen William G. Cohen |
Create a free account to view the complete sales history for 1040 Avenue of the Americas, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 11/01/2007 | $170,000,000 | 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 Millinery Building - Millinery Building - 1040 Avenue of the Americas, New York, NY 10018. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $3,873,833 |
| Estimated property tax: | $3,658,954 |
| Tax assessor's market value: | $79,564,000 |
| Assessed value: | $35,803,800 |
Here's the assessment & property tax history for 1040 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 | $79,564,000 | $35,803,800 | $35,710,110 | 10.848% | $3,873,833 | $3,873,833 | -2.19% |
| 2024/25 | $85,003,000 | $38,251,350 | $36,799,830 | 10.762% | $3,960,398 | $3,960,398 | +2.12% |
| 2023/24 | $81,364,000 | $36,613,800 | $36,613,800 | 10.592% | $3,878,134 | $3,878,134 | -4.04% |
| 2022/23 | $89,811,000 | $40,414,950 | $37,961,990 | 10.646% | $4,041,433 | $4,041,433 | +16.91% |
| 2021/22 | $71,428,000 | $32,142,600 | $32,142,600 | 10.755% | $3,456,937 | $3,456,937 | -12.62% |
The complete history of permits filed for 1040 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 & 40th St at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | B-D-F-M-7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.03 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 6 Av/W 40 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | M5 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.046 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for Millinery Building - Millinery Building - 1040 Avenue of the Americas, New York, NY 10018.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 1 FDR Four Freedoms Park, New York | 4,786,701 | 11/01/2016 | $9,127,983 |
| 201 E 33rd St, New York | 22,718 | 02/14/2014 | |
| 332 W 44th St, New York | 44,564 | 12/01/2011 | $29,000,000 |
| 138 W 132nd St, New York | 3,068 | 12/11/2003 | |
| 245 E 72nd St, New York | 117,882 | 07/13/1987 | |
| 1833 Amsterdam Ave, New York | 145,691 | 08/31/1983 | |
| 177 Chrystie St, New York | 13,635 | 04/09/2024 | $4,500,000 |
| 27 Monroe St, New York | 21,856 | 01/23/2003 | $1,900,000 |
| 148 Madison Ave, New York | 71,871 | 06/07/2024 | $31,331,875 |
| 44 Wall St, New York | 289,049 | 03/10/2020 | $200,000,000 |
| 955 5th Ave, New York | 79,341 | ||
| 1075 Park Ave, New York | 142,368 | ||
| 223 E 4th St, New York | 12,636 | 05/25/1978 | |
| 15818-15900 Riverside Dr W, New York | 318,505 | 12/14/2021 | $1,300,000 |
| 207 E 33rd St, New York | 20,710 | 09/23/2013 | $12,727,000 |
| 600 Lexington Ave, New York | 268,106 | 09/26/2018 | $847,066 |
| 57 Thompson St, New York | 15,138 | 05/18/1988 | |
| 134 E 92nd St, New York | 2,560 | 10/04/2018 | $5,800,000 |
| 241 W 100th St, New York | 4,504 | 12/29/1999 | |
| 190 E 2nd St, New York | 20,994 | 10/02/2015 | $17,000,000 |
