242 West 53rd Street, New York, NY 10019 Property Information
242 West 53rd Street, New York, NY 10019 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Primary address | 242 West 53rd Street |
| Secondary address | 239-241 W 52nd St |
| Neighborhood | Theatre District - Times Square |
| Zip code | 10019 |
| Borough | Manhattan |
| Block & lot | 01024-0052 |
Sales & Tax Overview for 242 West 53rd Street, New York
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $9,737,568 |
Lot & Building Information for 242 West 53rd Street, New York
| Lot sq. ft. | 29,125 |
| Lot dimensions | |
| Property type | Elevator Apartment - Luxury Type (D8)
|
| Building sqft | 542,276 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 62 |
| Year built | 2015 |
| Construction type | Register |
Area Overview
| School district | 2 |
| Community district | 5 |
| Closest police station | 0.07 Miles |
| Closest fire station | 0.21 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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.
Other Property Data for 242 West 53rd Street, New York
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 239-241 W 52nd St, New York, NY 10019
- 261-263 W 52nd St, New York, NY 10019
- 242-264 W 53rd St, New York, NY 10019
About 242 West 53rd Street, New York
242 West 53rd Street, New York, NY 10019 was built in 2015 and has a total of 542,276 square feet.
What is the assessed value of 242 West 53rd Street, New York, NY 10019 and the property tax paid?Assessed at $80,455,500, the tax amount paid for 242 West 53rd Street, New York, NY 10019 is $9,695,118. For the next year, the tax amount for 242 West 53rd Street, New York, NY 10019 is estimated at $9,737,568.
When was 242 West 53rd Street, New York, NY 10019 last sold?242 West 53rd Street, New York, NY 10019 was last sold in 03/02/2015.
How many residential units does this building have?This building has 426 residential unit(s) and 2 commercial spaces. There are 1 active listings at this address.
Ownership Information for 242 West 53rd Street, New York
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Spaces for Lease in 242 West 53rd Street, New York
| Listing type | For Lease |
|---|---|
| Listing date | 12/07/2020 |
| Last updated | 04/14/2026 |
| Lot size | 0.67 Acre |
- The Former Roseland Ballroom
- At the crossroads of Times Square, The Theater District and Columbus Circle
- Blocks from N Q R W C E Subway in the heart of office, hotels and residential density
- At the base of a new 426 unit residential building
- All uses accepted
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| #A | Retail | Listing price not available | 3,870 | Steven E. Baker Thomas Galo |
Past Sales & Property History for 242 West 53rd Street, New York
Create a free account to view the complete sales history for 242 West 53rd Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
No recorded sales for this property.
Title Documents for 242 West 53rd Street, New York
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R: Recorded date
D: Document date
Property Taxes for 242 West 53rd Street, New York
Access detailed property tax data for 242 West 53rd Street, New York, NY 10019. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $9,695,118 |
| Estimated property tax: | $9,737,568 |
| Tax assessor's market value: | $178,790,000 |
| Assessed value: | $80,455,500 |
Assessment History for 242 West 53rd Street, New York
Here's the assessment & property tax history for 242 West 53rd Street, 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 | $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% |
Permits for 242 West 53rd Street, New York
The complete history of permits filed for 242 West 53rd Street, 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.
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Manhattan Commercial Market Stats
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.
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Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Broadway & 53rd St at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | B-D-E | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.079 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 8 Av/W 52 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | M20 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.045 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 242 West 53rd Street, New York
Here are the neighbors for 242 West 53rd Street, New York, NY 10019.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 256 W 52nd St, New York | 5,242 | 12/22/2004 | $2,500,000 |
| 229 W 53rd St, New York | 13,010 | 07/23/2003 | $22,500,000 |
| 254 W 54th St, New York | 60,000 | 12/10/1997 | |
| 1697 Broadway, New York | 96,067 | 03/15/1993 | |
| 1675 Broadway, New York | 762,619 | ||
| 245 W 52nd St, New York | 30,730 | 12/27/2012 | $115,057,065 |
| 250 W 52nd St, New York | 12,340 | 11/13/1975 | |
| 230 W 54th St, New York | 2,925 | 11/21/1977 | |
| 236 W 54th St, New York | 4,190 | 10/07/2024 | $10,500,000 |
| 1681 Broadway, New York | 36,000 | ||
| 858 8th Ave, New York | 5,222 | 08/05/2015 | |
| 240 W 54th St, New York | 28,325 | 05/15/2024 | $21,000,000 |
| 200 W 54th St, New York | 141,350 | ||
| 888 8th Ave, New York | 380,441 | 12/30/1966 | |
| 260 W 52nd St, New York | 190,289 | 06/19/1985 | |
| 225 W 53rd St, New York | |||
| 250 W 54th St, New York | 134,441 | 02/09/2017 | $83,126,000 |
| 1674 Broadway, New York | 45,743 | 06/24/2019 | |
| 810 7th Ave, New York | 701,095 | 08/24/2009 | |
| 800 7th Ave, New York | 22,424 | 10/07/1999 |