The structural behavior of a steel reinforced concrete (SRC) transfer beam in high-rise building is studied in the paper. Mechanical properties and deformation characteristics between transfer beam and shear wall are analyzed by an analytic approach and the nonlinear finite element method. The stress analytical solutions for the SRC transfer beam are obtained and agree with finite element calculation data in an actual project. The results show that the beam can be as an eccentric tension member, meanwhile the performance of shear wall must be considered. And it also shows that the shear stress and vertical compressed stress must be considered in end both transfer beam and shear wall and there is interaction between the beam and the shear walls above. The results can be used to describe the behavior of the SRC transfer beam under complicated loads.