New York City  »  10036  »  W 42nd St  »  345 W 42nd St

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

Also known as: 343-349 W 42nd St

Property image for Ivy Tower - 345 West 42nd Street, New York, NY 10036
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Property type

Elevator Apartment - Luxury Type (D8)

Year built

2003

Lot sq. ft.

10,459

Sale price

$148,250,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Building name
Ivy Tower
Primary address
Ivy Tower - 345 West 42nd Street
Alternate address(es)
343-349 W 42nd St
ZIP code
10036
Neighborhood
Clinton - Hell's Kitchen
Borough
Manhattan
Block & lot
01033-0009

Owner

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Building
Property type
Elevator Apartment - Luxury Type (D8)
Building sq. ft.
230,000
Building dimensions
80 ft x 100 ft
Buildings on lot
1
Stories
41
Year built
2003
Building material
Sales
Sale date
06/05/2026
Sale price
$148,250,000 - M
Tax
Tax year
2026-2027
Property tax
$3,957,244
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
268
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
100 ft x 104 ft
Lot sq. ft.
10,459

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
92 /100.  Biker's Paradise
School district
2
Community district
4
Closest police station
0.31 Miles
Closest fire station
0.27 Miles

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

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.

Ownership

Ownership information for Ivy Tower - 345 West 42nd 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 Ivy Tower - 345 West 42nd Street, New York, NY 10036

Sale date Sale price Buyer name Seller name
06/05/2026 $148,250,000 XX XXX XXXXX XXX XXXX XXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/24/2026 - R
06/05/2026 - D		 Sundry Agreement
(2026061700608005)		 XXXX XXXXXX XXX XX XXX XXXXX XXX
06/24/2026 - R
06/05/2026 - D		 Deed
(2026061700608004)		 XXXX XXXXXX XXX XX XXX XXXXX XXX
06/24/2026 - R
06/05/2026 - D		 Termination of Agreement
(2026061700608003)		 XXXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXXXXXXX XXX XXXX XXXXX XXXXXXX XXXXXXX XXXXXX
06/24/2026 - R
06/05/2026 - D		 Satisfaction of Mortgage
(2026061700608002)		 XXXX XXXXXX XXX XXX XXXX XXXXX XXXXXXX XXXXXXX XXXXXX
06/24/2026 - R
06/04/2026 - D		 Certificate
(2026061700608006)		 XXXXXXXXXX XXXXXXXX XXXXXXXX XXXX XXXXXXXX XX XX
01/22/2020 - R UCC3 Continuation
(2020012200465001)		 XXXX XXXXXX XXX XXXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXXXXXX
10/13/2015 - R
07/28/2015 - D		 Agreement
(2015100601202001)		 XXXX XXXXXX XXX XXXX XXXXXXXX XXX XX
09/12/2014 - R UCC3 Continuation
(2014091100494001)		 XXXX XXXXXX XXX XXXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXXXXXX
03/01/2010 - R Initial UCC1
(2010022501132001)		 XXXX XXXXXX XXX XXXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXXXXXX
11/01/2005 - R
07/21/2005 - D		 Subordination of Mortgage
(2005092002261001)		 XXXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXXXXXX XXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Ivy Tower - 345 West 42nd 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
$3,957,244
Municipal exemptions
Recent tax assessments
Market value
$75,778,000
Assessed value
$34,100,100

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 $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%
2020/21 $78,422,000 $35,289,900 $19,430,752 12.267% $3,916,359 $2,383,570 +51.83%
2019/20 $77,487,000 $34,869,150 $12,586,732 12.473% $3,796,150 $1,569,943 +4.71%
2018/19 $69,026,000 $31,061,700 $11,888,440 12.612% $3,618,283 $1,499,370 +94.27%
2017/18 $67,328,000 $30,297,600 $6,067,935 12.719% $3,508,914 $771,781 +2.63%
2016/17 $62,470,000 $28,111,500 $5,833,017 12.892% $3,405,213 $751,993 +748.51%
Permits

Permit information for Ivy Tower - 345 West 42nd Street, New York, NY

Filing date Job type Job status Job description Initial cost
08/13/2026 Alteration
08/13/2026 Alteration
03/28/2025 Alteration
04/30/2024 Alteration
04/30/2024 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
12/17/2021 Evcat5-non-residential elevator periodic inspection/test
03/11/2021 E-elevator elevatorrequired
05/29/2020 E-elevator

*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
6

Subway & traffic

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

Access the detailed traffic volume map for Ivy Tower - 345 West 42nd Street, New York, NY 10036 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 Ivy Tower - 345 West 42nd Street, New York, NY

568 9th Ave, New York 572 9th Ave, New York 330 W 42nd St, New York 625 8th Ave, New York 321 W 42nd St, New York 351 W 42nd St, New York 319 W 42nd St, New York 360 W 43rd St, New York 578 9th Ave, New York 355 W 41st St, New York 574 9th Ave, New York 325 W 42nd St, New York 323 W 42nd St, New York 576 9th Ave, New York 661 8th Ave, New York 329 W 42nd St, New York

Nearby ZIP codes for Ivy Tower - 345 West 42nd Street, New York, NY

10001, New York City, NY 10018, New York City, NY 10019, New York City, NY 10020, 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 10170, New York City, NY 10171, New York City, NY 10172, New York City, NY 10173, New York City, NY 10174, New York City, NY 10177, New York City, NY

Frequently asked questions

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

The development at Ivy Tower - 345 West 42nd Street, New York, NY 10036 was built in 2003.

What is the total square footage of Ivy Tower - 345 West 42nd Street, New York, NY 10036?

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

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

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

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

Ivy Tower - 345 West 42nd Street, New York, NY 10036 is currently assessed at $34,100,100.

What are the property taxes for Ivy Tower - 345 West 42nd Street, New York, NY 10036?

The property taxes for Ivy Tower - 345 West 42nd Street, New York, NY 10036 total $3,957,243.

How many residential units does this building have?

This building has 268 residential unit(s).

Disclaimer

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Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.

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