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Tower 49 - 12 East 49th Street, New York, NY 10017 Property Information

Tower 49 - 12 East 49th Street, New York, NY 10017 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Tower 49 - 12 East 49th Street, New York, NY 10017 1
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Address

Building name Tower 49
Primary address Tower 49 - 12 East 49th Street
Secondary address 7 E 48th St
Neighborhood Central Midtown
Zip code 10017
Borough Manhattan
Block & lot 01284-0007

Sales & Tax Overview for 12 East 49th 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 11/01/2017
Purchase price $28,050,000 - M
Tax class

Lot & Building Information for 12 East 49th Street, New York

Lot sq. ft. 25,005
Lot dimensions 124 ft x 200.84 ft
Property type Office Only with or without Commercial - 20 Stories or More (O4)
Building sqft 656,428
Building dimensions 80 ft x 127 ft
Buildings on lot 1
Stories 45
Year built 1984
Construction type
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Zoning & Use for 12 East 49th Street, New York

Zoning
Commercial units 38
Office sqft
Retail sqft
Conversion feasibility index

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 5
Closest police station 0.30 Miles
Closest fire station 0.26 Miles

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

Other Property Data for 12 East 49th Street, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for Tower 49 - 12 East 49th Street, New York, NY 10017, 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 Tower 49 - 12 East 49th Street, New York, NY 10017, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 7 E 48th St, New York, NY 10017
  • 7-15 E 48th St, New York, NY 10017
  • 8-18 E 49th St, New York, NY 10017

About 12 East 49th Street, New York

How many sq. ft. does Tower 49 - 12 East 49th Street, New York, NY 10017 have & what is the price per sq. ft?

This Office Only with or without Commercial - 20 Stories or More (O4) located at Tower 49 - 12 East 49th Street, New York, NY 10017 has a total of 656,428 square feet and a current price per square foot of $42.

What is the year built & the current market value of Tower 49 - 12 East 49th Street, New York, NY 10017?

Tower 49 - 12 East 49th Street, New York, NY 10017 was built in 1984 and has a current tax assessor's market value of $236,308,000.

How many commercial spaces does this building have?

This building has 38 commercial spaces available for lease. There are 16 active listings at this address.

Ownership Information for 12 East 49th Street, New York

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Property owner name for Tower 49 - 12 East 49th Street, New York, NY 10017
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Building contacts for Tower 49 - 12 East 49th Street, New York, NY 10017
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 12 East 49th Street, New York

Tower 49
Listing type For Lease
Listing date 04/01/2025
Last updated 07/07/2026

A 45-story structure with approximately 643,000 rentable square feet, built in 1984.

View Listing
Spaces
Suite name Space type Lease rate Available space Brokers
2 Floor General Office Listing price not available 16,000 Justin Halpern
Alex Lachmund
John Picco
3 Floor General Office Listing price not available 16,000 Justin Halpern
Alex Lachmund
John Picco
4 Floor General Office Listing price not available 16,000 Justin Halpern
Alex Lachmund
John Picco
6 Floor General Office Listing price not available 16,000 Justin Halpern
Alex Lachmund
John Picco
5 Floor General Office Listing price not available 16,000 Justin Halpern
Alex Lachmund
John Picco
7 Floor General Office Listing price not available 16,000 Justin Halpern
Alex Lachmund
John Picco
8 Floor General Office Listing price not available 16,000 Justin Halpern
Alex Lachmund
John Picco
9 Floor General Office Listing price not available 16,000 Justin Halpern
Alex Lachmund
John Picco
10 Floor General Office Listing price not available 16,000 Justin Halpern
Alex Lachmund
John Picco
11 Floor General Office Listing price not available 16,000 Justin Halpern
Alex Lachmund
John Picco
15 Floor General Office Listing price not available 16,000 Justin Halpern
Alex Lachmund
John Picco
16 Floor General Office Listing price not available 16,000 Justin Halpern
Alex Lachmund
John Picco
17 Floor General Office Listing price not available 16,000 Justin Halpern
Alex Lachmund
John Picco
18 Floor General Office Listing price not available 16,000 Justin Halpern
Alex Lachmund
John Picco
19 Floor General Office Listing price not available 16,000 Justin Halpern
Alex Lachmund
John Picco
21 Floor General Office Listing price not available 16,000 Justin Halpern
Alex Lachmund
John Picco
Active Listings For This Property:
For Lease Tower 49
Tower 49
12 East 49th Street, New York
Property Office
Availability 16 Spaces listed / 256000 Sqft
Price Listing price not available
Real Estate Reports:
Laura Pop-Badiu, Jun 11, 2026 NYC Business Leaders on RTO: Survey Reveals Hybrid Still Dominates, Office Attendance Set to Rise
Hubble’s recent survey of 126 founders, CEOs and other decision-makers in New York City’s startup ecosystem revealed how local business leaders are approaching workplace strategy in 2026 and beyond.
Lucian Alixandrescu, May 27, 2026 NYC Office Market Ahead of National Curve: Manhattan Q1 Vacancy Drops to 13.1% 
New York City’s office market outpaced the U.S. on several major metrics in Q1, with Manhattan vacancy nearly 5 percentage points below the national benchmark, asking rents climbing against a downward national trend and flex inventory crossing 15 million square feet.
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Past Sales & Property History for 12 East 49th Street, New York

Create a free account to view the complete sales history for 12 East 49th Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Sale date Sale price Buyer name Seller name
11/01/2017 $28,050,000
11/04/2013 $876,780,000
01/06/2006 $15,792,259
       
       
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*Here are the three most recent sales for this property.

Title Documents for 12 East 49th 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
08/02/2023 - R
07/01/2023 - D
NYC Real Property Transfer Tax
(2023073100458001)
10/05/2020 - R
08/04/2020 - D
Sundry Miscellaneous
(2020092400547001)
01/02/2018 - R
11/01/2017 - D
NYC Real Property Transfer Tax
(2017122900276001)
11/02/2015 - R
10/01/2015 - D
Certificate
(2015101900734001)
12/13/2013 - R
11/04/2013 - D
NYC Real Property Transfer Tax
(2013112600407001)
07/18/2011 - R
04/26/2011 - D
Sundry Miscellaneous
(2011071300262001)
07/10/2007 - R
07/06/2007 - D
Certificate
(2007070900275001)
07/10/2007 - R
07/05/2007 - D
Certificate
(2007070500621001)
01/17/2007 - R
01/06/2006 - D
NYC Real Property Transfer Tax
(2006121901803001)
07/04/2004 - R
05/12/2004 - D
Certificate
(2004052501819001)
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R: Recorded date
D: Document date

Property Taxes for 12 East 49th Street, New York

Access detailed property tax data for Tower 49 - Tower 49 - 12 East 49th Street, New York, NY 10017. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2026-2027
Property tax: $11,097,068
Tax assessor's market value: $236,308,000
Assessed value: $106,338,600

Assessment History for 12 East 49th Street, New York

Here's the assessment & property tax history for 12 East 49th 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 $229,926,000 $103,466,700 $103,466,700 10.848% $11,224,068 $11,224,068 +0.31%
2024/25 $231,040,000 $103,968,000 $103,968,000 10.762% $11,189,036 $11,189,036 +10.49%
2023/24 $212,465,000 $95,609,250 $95,609,250 10.592% $10,126,932 $10,126,932 -6.83%
2022/23 $226,883,000 $102,097,350 $102,097,350 10.646% $10,869,284 $10,869,284 -16.04%
2021/22 $267,480,000 $120,366,000 $120,366,000 10.755% $12,945,363 $12,945,363 -17.34%

Permits for 12 East 49th Street, New York

The complete history of permits filed for 12 East 49th 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
05/20/2026 Alteration
05/19/2026 Alteration
05/12/2026 Alteration
05/12/2026 Alteration
05/12/2026 Alteration
05/01/2026 Alteration
04/23/2026 Alteration
04/23/2026 Alteration
04/23/2026 Alteration
04/23/2026 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)

Transportation

Distance to Subway
Closest station 5th Ave & 53rd St at SE Corner
Station lines E-M
Distance (miles) 0.222
View subway map

Neighbors for 12 East 49th Street, New York

Here are the neighbors for Tower 49 - Tower 49 - 12 East 49th Street, New York, NY 10017.

Address Square feet Purchase date Purchase price
410 Madison Ave, New York 58,395 06/17/2020 $115,000,000
22 E 49th St, New York 16,224 07/31/2002
17 E 48th St, New York 18,562 12/26/1986
280 Park Ave, New York 386,166 10/02/2020
420 Madison Ave, New York 46,167 12/31/1973
597 5th Ave, New York 52,727 03/25/2026 $54,000,000
589 5th Ave, New York 156,319 04/15/2005
587 5th Ave, New York 33,922 12/06/2016 $8,000,000
19 E 48th St, New York 16,896 10/18/2000
42 E 49th St, New York 810,426 10/02/2020
3 E 48th St, New York 14,701 03/24/2026 $9,500,000
20 E 49th St, New York 14,060 05/08/2002
5 E 48th St, New York 10,369 12/18/1986
595 5th Ave, New York 10,000 04/06/1973
16 E 48th St, New York 14,024 06/01/1998
415 Madison Ave, New York 04/07/2016 $291,437
8 E 48th St, New York 45,001
425 Madison Ave, New York 102,519 09/26/2018 $855,953
601 5th Ave, New York 12,420 08/06/2015 $137,041,875
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