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Ivy Tower - 345 West 42nd Street, New York, NY 10036 Property Information

Ivy Tower - 345 West 42nd Street, New York, NY 10036 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Ivy Tower - 345 West 42nd Street, New York, NY 10036 2
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Address

Building name Ivy Tower
Primary address Ivy Tower - 345 West 42nd Street
Secondary address 343-349 W 42nd St
Neighborhood Clinton - Hell's Kitchen
Zip code 10036
Borough Manhattan
Block & lot 01033-0009

Sales & Tax Overview for 345 West 42nd Street, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 06/05/2026
Purchase price $148,250,000 - M
Tax class

Lot & Building Information for 345 West 42nd Street, New York

Lot sq. ft. 10,459
Lot dimensions 100 ft x 104 ft
Property type Elevator Apartment - Luxury Type (D8)
Building sqft 230,000
Building dimensions 80 ft x 100 ft
Buildings on lot 1
Stories 41
Year built 2003
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Zoning & Use for 345 West 42nd Street, New York

Zoning
Residential units (DOF) 268
Commercial units 4
Residential sqft
Office sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 4
Closest police station 0.31 Miles
Closest fire station 0.27 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Building Description

Located in Manhattan's Clinton/Hell's Kitchen neighborhood at 343 ? 349 West 42nd Street, Ivy Tower is a 41-story apartment building with 268 residential units. An additional four commercial units bring the property's total size to 230,000 square feet. The property was designed by Schuman Lichtenstein Claman and Efron and built in 2003. Amenities include a party room, fitness center, full-time doorman services, and smart-card laundry facilities. The building also offers concierge services, a full-service garage, additional storage, video intercoms, a roof deck, a bike room, and a garden.

343 ? 349 West 42nd Street is just steps away from the 8th Avenue and 42nd Street station, which serves the A, C, E, N, Q, R, S, 1, 2, 3, and 7 lines, while the B, D, F and M lines can be boarded within half a mile of the property. Part of School District 2, Ivy Tower is zoned for P.S. 051 Elias Howe. Other close-by public and private schools include the Professional Performing Arts High School, De La Salle Academy, and Birch Wathen Lenox School.

Other Property Data for 345 West 42nd Street, New York

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Floor area ratio (FAR) for Ivy Tower - 345 West 42nd Street, New York, NY 10036, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for Ivy Tower - 345 West 42nd Street, New York, NY 10036, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 343-349 W 42nd St, New York, NY 10036
  • 349 W 42nd St, New York, NY 10036

About 345 West 42nd Street, New York

What is the year built & the total sq. ft. for Ivy Tower - 345 West 42nd Street, New York, NY 10036?

Ivy Tower - 345 West 42nd Street, New York, NY 10036 was built in 2003 and has a total of 230,000 square feet.

What is the assessed value of Ivy Tower - 345 West 42nd Street, New York, NY 10036 and the property tax paid?

Assessed at $34,100,100, the tax amount paid for Ivy Tower - 345 West 42nd Street, New York, NY 10036 is $3,957,243.

When was Ivy Tower - 345 West 42nd Street, New York, NY 10036 last sold and what was the last sale price?

Ivy Tower - 345 West 42nd Street, New York, NY 10036 was last sold in 06/05/2026 for $148,250,000.

How many residential units does this building have?

This building has 268 residential unit(s) and 4 commercial spaces.

Ownership Information for 345 West 42nd Street, New York

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Property owner name for Ivy Tower - 345 West 42nd Street, New York, NY 10036
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Building contacts for Ivy Tower - 345 West 42nd Street, New York, NY 10036
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Representatives (from permits):
Tenants:
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Past Sales & Property History for 345 West 42nd Street, New York

Create a free account to view the complete sales history for 345 West 42nd Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Sale date Sale price Buyer name Seller name
06/05/2026 $148,250,000

Title Documents for 345 West 42nd Street, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
06/24/2026 - R
06/05/2026 - D
Sundry Agreement
(2026061700608005)
06/24/2026 - R
06/05/2026 - D
Deed
(2026061700608004)
06/24/2026 - R
06/05/2026 - D
Termination of Agreement
(2026061700608003)
06/24/2026 - R
06/05/2026 - D
Satisfaction of Mortgage
(2026061700608002)
06/24/2026 - R
06/04/2026 - D
Certificate
(2026061700608006)
01/22/2020 - R UCC3 Continuation
(2020012200465001)
10/13/2015 - R
07/28/2015 - D
Agreement
(2015100601202001)
09/12/2014 - R UCC3 Continuation
(2014091100494001)
03/01/2010 - R Initial UCC1
(2010022501132001)
11/01/2005 - R
07/21/2005 - D
Subordination of Mortgage
(2005092002261001)
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R: Recorded date
D: Document date

Property Taxes for 345 West 42nd Street, New York

Access detailed property tax data for Ivy Tower - Ivy Tower - 345 West 42nd Street, New York, NY 10036. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $3,957,244
Tax assessor's market value: $75,778,000
Assessed value: $34,100,100

Assessment History for 345 West 42nd Street, New York

Here's the assessment & property tax history for 345 West 42nd 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 $73,245,000 $32,960,250 $31,374,810 12.439% $3,902,713 $3,902,713 +1.11%
2024/25 $68,894,000 $31,002,300 $30,879,160 12.5% $3,859,895 $3,859,895 +28.24%
2023/24 $66,493,000 $29,921,850 $24,075,065 12.502% $3,740,830 $3,009,865 -1.87%
2022/23 $69,070,000 $31,081,500 $25,002,785 12.267% $3,812,768 $3,067,092 +29.82%
2021/22 $70,907,000 $31,908,150 $19,309,402 12.235% $3,881,397 $2,362,505 -0.88%

Permits for 345 West 42nd Street, New York

The complete history of permits filed for 345 West 42nd 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.

Filing date Job type Job status Job description Initial cost
03/28/2025 Alteration
04/30/2024 Alteration
04/30/2024 Alteration
03/25/2024 Alteration
03/25/2024 Alteration
11/09/2023 Alteration
10/04/2023 Alteration
04/20/2022 Alteration
09/27/2021 Alteration
09/01/2021 Alteration
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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.

Median Price/Sqft Q1/2026
$797
19.7% YoY
Median Price/Sqft Q4/2025
$606
-17.5% YoY
Median Price/Sqft 2025
$656
-5.9% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)
Hurricane evacuation zone: 6 (See more on map)

Transportation

Distance to Subway
Closest station 8th Ave & 42nd St at NW Corner
Station lines A-C-E-N-Q-R-S-1-2-3-7
Distance (miles) 0.098
View subway map

Neighbors for 345 West 42nd Street, New York

Here are the neighbors for Ivy Tower - Ivy Tower - 345 West 42nd Street, New York, NY 10036.

Address Square feet Purchase date Purchase price
568 9th Ave, New York 4,594 12/27/2021
572 9th Ave, New York 4,013 10/22/2004
330 W 42nd St, New York 552,775 12/18/1979
625 8th Ave, New York 1,500,000
321 W 42nd St, New York 9,203 03/29/2023 $20,000,000
351 W 42nd St, New York 107,679 06/21/2013 $37,877,409
319 W 42nd St, New York 9,203 11/28/2001
360 W 43rd St, New York 249,052 03/31/2008 $150,000
578 9th Ave, New York 13,026 12/27/2021
355 W 41st St, New York 9,045 02/18/2021 $2,900,000
574 9th Ave, New York 4,016 12/27/2021
325 W 42nd St, New York 8,957 03/29/2023 $20,000,000
323 W 42nd St, New York 9,219 03/29/2023 $20,000,000
576 9th Ave, New York 5,173 12/27/2021
661 8th Ave, New York 12,905 05/23/2022
329 W 42nd St, New York 5,590
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