New York City  »  10019  »  W 53rd St  »  242 W 53rd St

242 West 53rd Street, New York, NY 10019 - Property report

Also known as: 239-241 W 52nd St

Property image for 242 West 53rd Street, New York, NY 10019
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Property type

Elevator Apartment - Luxury Type (D8)

Year built

2015

Lot sq. ft.

29,125

General information

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Address
Primary address
242 West 53rd Street
Alternate address(es)
239-241 W 52nd St
242-246 W 53rd St
242-264 W 53rd St
Show more
ZIP code
10019
Neighborhood
Theatre District - Times Square
Borough
Manhattan
Block & lot
01024-0052

Owner

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Building
Property type
Elevator Apartment - Luxury Type (D8)
Building sq. ft.
542,276
Building dimensions
147 ft x 95 ft
Buildings on lot
1
Stories
62
Year built
2015
Building material
Tax
Tax year
2026-2027
Property tax
$9,737,569
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
426
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
225 ft x 200.83 ft
Lot sq. ft.
29,125

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
91 /100.  Biker's Paradise
School district
2
Community district
5
Closest police station
0.07 Miles
Closest fire station
0.21 Miles

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

Building Description

Once the location of theater and music hotspot The Roseland Ballroom, 239 West 52nd Street now holds a 62-story luxury apartment tower. With 426 apartments and two commercial units, the property features 542,276 square feet of space. The property's average unit size of 1,234 square feet is significantly higher than the surrounding Theatre District's average apartment.

Part of School District 2, 239 West 52nd Street is zoned for P.S. 111 Adolph S. Ochs, while P.S. 35. and the High School for Performing Arts are less than a mile away. Nearby private schools include the Professional Children's School and St. Thomas Choir School. The B, D, and E trains can be boarded just a few steps away at Broadway and 53rd Street Station, and the C, 1, N, R, Q, and W lines are also within quick walking distance.

Ownership

Ownership information for 242 West 53rd Street, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 242 West 53rd Street, New York, NY 10019

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/06/2026 - R UCC3 Continuation
(2026080600359001)		 XXXXXXXX XXXXXXXXXXX XXXXXXXXXX XXX XXX XXXX XXXX XXXXXXXXX XXXXXXX
12/23/2021 - R Initial UCC1
(2021121501730003)		 XXXXXXXX XXXXXXXXXXX XXXXXXXXXX XXX XXX XXXX XXXX XXXXXXXXX XXXXXXX
12/23/2021 - R
12/02/2021 - D		 Assignment of Leases and Rents
(2021121501730002)		 XXXXXXXX XXXXXXXXXXX XXXXXXXXXX XXX XXX XXXX XXXX XXXXXXXXX XXXXXXX
12/23/2021 - R
12/02/2021 - D		 Mortgage
(2021121501730001)		 XXXXXXXX XXXXXXXXXXX XXXXXXXXXX XXX XXX XXXX XXXX XXXXXXXXX XXXXXXX
04/14/2015 - R
03/02/2015 - D		 Correction Deed
(2015040701263001)		 XXXXXXXX XXXXXXXXX XXX XXXXXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXXXXXXXX XXX
10/21/2014 - R
09/30/2014 - D		 Zoning Lot Description
(2014101400105001)		 XXXXXXXX XXXXXXXXXXX XXXXXXXXXX XXX
05/21/2014 - R
05/07/2014 - D		 Development Rights
(2014051900521002)		 XXXXXXXXXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX XXXXXXXXXX XXX
05/21/2014 - R
05/07/2014 - D		 Development Rights
(2014051900521001)		 XXXXXXXX XXXXXXX XXX XXXXXXXX XXXXXXXXXXX XXXXXXXXXX XXX
05/21/2014 - R
04/22/2014 - D		 Satisfaction of Mortgage
(2014051900521007)		 XXXXXXXX XXXXXXXXX XXXXXXXXXXX XXXX XXX XXXXX XXXXXXXXX XXXX X X
07/02/1999 - R
07/01/1998 - D		 Deed
(1210006673721)		 XXXXXXXX XXXXXXXXX XXX XXXXXXXXXXX XXXX XXXXXXXX XXXXXXXXXXXXXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 242 West 53rd 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
$9,737,569
Municipal exemptions
Recent tax assessments
Market value
$178,333,000
Assessed value
$80,249,850

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 $178,790,000 $80,455,500 $77,941,300 12.439% $9,695,118 $9,695,118 -1.82%
2024/25 $183,962,000 $82,782,900 $79,001,010 12.5% $9,875,126 $9,875,126 +1.46%
2023/24 $180,207,000 $81,093,150 $77,853,030 12.502% $9,733,186 $9,733,186 -1.22%
2022/23 $178,502,000 $80,325,900 $80,325,900 12.267% $9,853,578 $9,853,578 -0.93%
2021/22 $180,642,000 $81,288,900 $81,288,900 12.235% $9,945,697 $9,945,697 +39.32%
2020/21 $129,325,000 $58,196,250 $58,196,250 12.267% $7,138,934 $7,138,934 +19.38%
2019/20 $107,613,852 $48,426,233 $47,942,033 12.473% $5,979,810 $5,979,810 +32.54%
2018/19 $81,650,000 $36,742,500 $35,774,100 12.612% $4,511,829 $4,511,829 +656.37%
2017/18 $13,650,000 $6,142,500 $4,689,900 12.719% $596,508 $596,508 +39.97%
2016/17 $11,650,000 $5,242,500 $3,305,700 12.892% $426,171 $426,171 +23.28%
Permits

Permit information for 242 West 53rd Street, New York, NY

Filing date Job type Job status Job description Initial cost
08/17/2026 Alteration
05/13/2026 Alteration
05/11/2026 Alteration
05/11/2026 Alteration
05/08/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
04/29/2023 E-elevator elevatorrequired
02/22/2022 Fispnrf-no report and / OR late filing (facade) facade required
07/11/2018 Aeuhaz1-fail to certify class 1

*Most recent DOB violations on record for this property.

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Broadway & 53rd St at SE Corner
Station lines
B-D-E
Distance (miles)
0.079
View subway map

Access the detailed traffic volume map for 242 West 53rd Street, New York, NY 10019 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 242 West 53rd Street, New York, NY

256 W 52nd St, New York 229 W 53rd St, New York 254 W 54th St, New York 1697 Broadway, New York 1675 Broadway, New York 245 W 52nd St, New York 250 W 52nd St, New York 230 W 54th St, New York 236 W 54th St, New York 1681 Broadway, New York 858 8th Ave, New York 240 W 54th St, New York 200 W 54th St, New York 888 8th Ave, New York 260 W 52nd St, New York 225 W 53rd St, New York 250 W 54th St, New York 1674 Broadway, New York 810 7th Ave, New York 800 7th Ave, New York

Nearby ZIP codes for 242 West 53rd Street, New York, NY

10001, New York City, NY 10018, New York City, NY 10020, New York City, NY 10023, New York City, NY 10036, New York City, NY 10069, 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 10171, New York City, NY 10172, New York City, NY 10173, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for 242 West 53rd Street, New York, NY 10019?

The development at 242 West 53rd Street, New York, NY 10019 was built in 2015.

What is the total square footage of 242 West 53rd Street, New York, NY 10019?

242 West 53rd Street, New York, NY 10019 has a total of 542,276 square feet.

What is the assessed value of 242 West 53rd Street, New York, NY 10019?

242 West 53rd Street, New York, NY 10019 is currently assessed at $80,249,850.

What are the property taxes for 242 West 53rd Street, New York, NY 10019?

The property taxes for 242 West 53rd Street, New York, NY 10019 total $9,737,568.

How many residential units does this building have?

This building has 426 residential unit(s).

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