Manhattan » 10018 » W 39th St » 205 W 39th St

Gilbert BLDG - 205 West 39th Street, New York, NY 10018 - Property report

Also known as: 205 W 39th St

Property image for Gilbert BLDG - 205 West 39th Street, New York, NY 10018

Property type

Office with Commercial 7-19 Stories (O6)

Year built

1922

Lot sq. ft.

21,478

General information

Address

Building name

Gilbert BLDG

Primary address

Gilbert BLDG - 205 West 39th Street

Alternate address(es)

205-223 W 39th St
206-216 W 40th St

ZIP code

10018

Neighborhood

Garment District

Borough

Manhattan

Block & lot

00789-0030

Building

Property type

Office with Commercial 7-19 Stories (O6)

Building sq. ft.

229,162

Building dimensions

132 ft x 197 ft

Buildings on lot

Stories

Year built

1922

Last altered

1952

Building material

Sales

Sale date

11/01/2017

Sale price

$28,050,000 - M

Tax

Tax year

2026-2027

Property tax

$2,559,696

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

132 ft x 197.5 ft

Lot sq. ft.

21,478

Area overview

Walk score

99 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

90 /100. Biker's Paradise

School district

Community district

Closest police station

0.28 Miles

Closest fire station

0.11 Miles

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

Ownership

Ownership information for Gilbert BLDG - 205 West 39th Street, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for Gilbert BLDG - 205 West 39th Street, New York, NY 10018

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
10/29/2025 - R 10/28/2025 - D	Satisfaction of Mortgage (2025102800548001)	XXX XXXX XXXX XXXXXX XXXXXXX	XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
12/20/2023 - R 12/18/2023 - D	Satisfaction of Mortgage (2023121900483001)	XXX XXXX XXXX XXXXXX XXXXXXX	XXXXXXXX XXXXX XXXX X X
01/02/2018 - R 11/01/2017 - D	NYC Real Property Transfer Tax (2017122900276001)	XXXXX X XXXXXXXXXXXXXX XXX	XXXXXXX XXXX XXX
11/01/2016 - R 10/20/2016 - D	Satisfaction of Mortgage (2016091401260001)	XXX XXXX XXXX XXXXXX XXXXXXX	XX XXXX XXXXXXXX XXXXXXXXXXX
09/26/2016 - R 09/14/2016 - D	Termination of Assign of L&R (2016091401284001)	XXX XXXX XXXX XXXXXX XXXXXXX	XX XXXX XXXXXXXX XXXXXXXXXXX
01/07/2015 - R 10/31/2014 - D	NYC Real Property Transfer Tax (2014112400115001)	XX XXXXXXX XXX	XXXXX X XXXXXXXXXXXXXX XXX
12/20/2013 - R 12/13/2013 - D	Mortgage (2013121800745001)	XXX XXXX XXXX XXXXXX XXXXXXX	XXXXXXXX XXXXX XXXX XX
03/11/2015 - R 12/11/2013 - D	Agreement (2015030500149001)	XXXXXXXX XXXXX XXXX XX	XXX XXXX
12/14/2012 - R 10/01/2012 - D	Sundry Agreement (2012121200435001)	XXX XXXX XXXX XXXXXX XXXXXXX
09/21/2011 - R 09/09/2011 - D	Agreement (2011091400371003)	XXX XXXX XXXX XXXXXX XXXXXXX	XXXXXXXX XXXXX XXXX XX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Gilbert BLDG - 205 West 39th 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

$2,559,696

Municipal exemptions

Recent tax assessments

Market value

$55,246,000

Assessed value

$24,860,700

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	$53,354,000	$24,009,300	$23,099,671	10.848%	$2,505,852	$2,505,852	-0.62%
2024/25	$52,625,000	$23,681,250	$23,429,027	10.762%	$2,521,432	$2,521,432	+2.51%
2023/24	$51,605,000	$23,222,250	$23,222,250	10.592%	$2,459,701	$2,459,701	+4.04%
2022/23	$49,348,000	$22,206,600	$22,206,600	10.646%	$2,364,115	$2,364,115	+1.98%
2021/22	$47,899,000	$21,554,550	$21,554,550	10.755%	$2,318,192	$2,318,192	-14.50%
2020/21	$62,174,000	$27,978,300	$25,352,490	10.694%	$2,711,195	$2,711,195	+6.57%
2019/20	$60,981,000	$27,441,450	$24,144,420	10.537%	$2,544,098	$2,544,098	+5.28%
2018/19	$55,949,000	$25,177,050	$22,983,690	10.514%	$2,416,505	$2,416,505	+4.11%
2017/18	$58,313,000	$26,240,850	$22,076,450	10.514%	$2,321,118	$2,321,118	+7.35%
2016/17	$49,257,000	$22,165,650	$20,448,280	10.574%	$2,162,201	$2,162,201	+3.79%

Permits

Permit information for Gilbert BLDG - 205 West 39th Street, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
01/13/2026	Alteration
09/08/2025	Alteration
04/25/2025	Alteration
03/11/2025	Alteration
01/09/2025	No work

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	04/25/2023	Hblvio-high pressure boiler boiler required
	04/25/2023	Hblvio-high pressure boiler boiler required
	02/22/2022	Fispnrf-no report and / OR late filing (facade) facade required

*Most recent DOB violations on record for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

7th Ave & 40th St at SW Corner

Station lines

A-C-E-N-Q-R-S-1-2-3-7

Distance (miles)

0.039

View subway map

Access the detailed traffic volume map for Gilbert BLDG - 205 West 39th Street, 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 Gilbert BLDG - 205 West 39th Street, New York, NY

120 W 227th St, New York 170 Park Row, New York 718 Broadway, New York 430 Greenwich St, New York 45 Ft Charles Pl, New York 33 Riverside Dr, New York 1702 Lexington Ave, New York 425 W End Ave, New York 630 W 136th St, New York 4 E 95th St, New York 84 Mercer St, New York 650 Madison Ave, New York 78 Charles St, New York 10 Waterside Plz, New York 238 E 106th St, New York 180 Maiden Ln, New York 969 Park Ave, New York 40 W 83rd St, New York

Nearby ZIP codes for Gilbert BLDG - 205 West 39th Street, 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 Gilbert BLDG - 205 West 39th Street, New York, NY 10018?

The development at Gilbert BLDG - 205 West 39th Street, New York, NY 10018 was built in 1922.

What is the market value of Gilbert BLDG - 205 West 39th Street, New York, NY 10018?

The current market value of Gilbert BLDG - 205 West 39th Street, New York, NY 10018 is $55,246,000.

What is the total square footage of Gilbert BLDG - 205 West 39th Street, New York, NY 10018?

Gilbert BLDG - 205 West 39th Street, New York, NY 10018 has a total of 229,162 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 22.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

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.