The blaze started on the 47th floor of the building, which overlooks Central Park, in the early hours of Friday morning.
The fire brigade was called at around 4.30am local time (9.30am GMT) and the fire was extinguished at around 5.20am (10.20am GMT), local television reported.
The Fire Department of New York is investigating the cause of the blaze but have not found any indication it was "suspicious".
A protester attempted to set himself on fire outside one of Mr Trump's hotels in Washington in January.
“I was trying to light myself on fire as an act of protest,” the man said, before being taken for medical treatment. “ Protesting the fact that we've elected someone who is completely incapable of respecting the Constitution of the United States.”
The President is distancing himself from his hotel and real estate empire to avoid potential conflicts of interest that raised have raised concern among opponents.
He and his daughter Ivanka have resigned all roles with the Trump Organisation, which is being run by the President's two eldest sons.
But his continued refusal to disclose his tax returns, defying decades of precedent, has fuelled calls for the Senate Finance Committee to launch a formal review.
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