New York City  »  10017  »  E 49th St  »  42 E 49th St

42 East 49th Street, New York, NY 10017 - Property report

Also known as: 33-39 E 48th St

Property image for 42 East 49th Street, New York, NY 10017
static Mapbox map

Property type

Office Only with or without Commercial - 20 Stories or More (O4)

Year built

1968

Lot sq. ft.

35,200

Sale price

$33,072,265 - M

General information

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Address
Primary address
42 East 49th Street
Alternate address(es)
33-39 E 48th St
33-41 E 48th St
42-56 E 49th St
ZIP code
10017
Neighborhood
Central Midtown
Borough
Manhattan
Block & lot
01284-0026

Owner

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Building
Property type
Office Only with or without Commercial - 20 Stories or More (O4)
Building sq. ft.
810,426
Building dimensions
131.8 ft x 148 ft
Buildings on lot
1
Stories
40
Year built
1968
Last altered
2013
Building material
Sales
Sale date
02/28/2020
Sale price
$33,072,265 - M
Tax
Tax year
2026-2027
Property tax
$22,337,467
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
159 ft x 201.25 ft
Lot sq. ft.
35,200

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
85 /100.  Very Bikeable
School district
2
Community district
5
Closest police station
0.21 Miles
Closest fire station
0.32 Miles

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

Ownership information for 42 East 49th Street, New York, NY

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

Sales history for 42 East 49th Street, New York, NY 10017

Sale date Sale price Buyer name Seller name
02/28/2020 $33,072,265 XXXXXXXXXXXX XXXXXXXXXXXXXX XXXXXXXXX XXXXXXX XXXXXXXX XXXXXXXX XXX
11/19/2007 $1,279,800,000 XXXXXXXX XXX XXXX XXX XXX XXXXXXXXX XXXXXXXX XXX XXXX XXX
06/06/2006 $1,178,617,344 XXXXXXXXX XXXXXXXX XXX XXXX XXX XX XXX XXXX XXXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/06/2026 - R
03/09/2026 - D
Agreement
(2026040600310001)
XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXX XXX XXXXXXXX XXXXXXXX XX
12/15/2023 - R
12/01/2023 - D
Agreement
(2023121500132001)
XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XXXXXXXX XXX XXXX XXX XXX
08/17/2022 - R
08/09/2022 - D
Sundry Agreement
(2022081000816001)
XXXXXXXX XXX XXXX XXX XXX
03/10/2022 - R UCC3 Continuation
(2022030700242001)
XXXXXXXX XXX XXXX XXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
03/03/2021 - R
10/02/2020 - D
Correction Deed
(2021022200292001)
XXXXXXX XXXXXXXX XXXXXXXX XXX XXXXXXXXXXXX XXXXXXXXXXXXXX XXXXXXXXX
05/13/2020 - R
02/28/2020 - D
Deed
(2020031000627001)
XXXXXXX XXXXXXXX XXXXXXXX XXX XXXXXXXXXXXX XXXXXXXXXXXXXX XXXXXXXXX
03/04/2020 - R
02/28/2020 - D
Deed
(2020030301029001)
XXXXXXX XXXXXXXX XXXXXXXX XXX XXXXXXXXXXXX XXXXXXXXXXXXXX XXXXXXXXX
08/27/2019 - R
08/21/2019 - D
Termination of Lease or Memo
(2019082300057001)
XXXX XXXXXX XXX XXXXXXXX XXX XXXX XXX XXX
08/16/2019 - R
04/18/2019 - D
Easement
(2019081300878001)
XXXXXXXX XXX XXXX XXX XXX XXXXXXXXXXXX XXXXXXXXXXXXX XXXXXXXXX
01/07/2019 - R
12/19/2018 - D
Sundry Miscellaneous
(2018121900937001)
XXXXXXXX XXX XXXX XXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 42 East 49th 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
$22,337,467
Municipal exemptions
Recent tax assessments
Market value
$465,333,300
Assessed value
$209,400,000

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 $499,342,000 $224,703,900 $210,607,472 10.848% $22,846,699 $22,468,454 +5.56%
2024/25 $494,358,000 $222,461,100 $204,805,822 10.762% $22,041,203 $21,284,713 +4.47%
2023/24 $492,491,000 $221,620,950 $203,073,846 10.592% $21,509,582 $20,374,847 +9.76%
2022/23 $426,946,000 $192,125,700 $192,125,700 10.646% $20,453,702 $18,562,477 +1.35%
2021/22 $426,946,000 $192,125,700 $187,876,500 10.755% $20,206,118 $18,314,893 -5.91%
2020/21 $434,022,200 $195,309,990 $182,013,410 10.694% $19,464,514 $19,464,514 +5.15%
2019/20 $474,281,000 $213,426,450 $175,681,083 10.537% $18,511,516 $18,511,516 +6.24%
2018/19 $383,069,000 $172,381,050 $165,725,463 10.514% $17,424,375 $17,424,375 +4.10%
2017/18 $365,723,000 $164,575,350 $159,194,823 10.514% $16,737,744 $16,737,744 +9.41%
2016/17 $342,821,000 $154,269,450 $144,672,628 10.574% $15,297,684 $15,297,684 +1.65%

Permit information for 42 East 49th Street, New York, NY

Filing date Job type Job status Job description Initial cost
03/01/2019 Alteration type 2
03/01/2019 Alteration type 2
03/01/2019 Alteration type 2
03/01/2019 Alteration type 2
03/01/2019 Alteration type 2

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/01/2022 Bench-failure to benchmark none
12/06/2021 E-elevator elevatorrequired
12/08/2020 E-elevator elevatorrequired

*Most recent DOB violations on record for this property.

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

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Risk

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Lexington Ave & 50th St at NW Corner
Station lines
E-M-6
Distance (miles)
0.159

Access the detailed traffic volume map for 42 East 49th Street, New York, NY 10017 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

Frequently asked questions

What is the year built for 42 East 49th Street, New York, NY 10017?

The development at 42 East 49th Street, New York, NY 10017 was built in 1968.

What is the market value of 42 East 49th Street, New York, NY 10017?

The current market value of 42 East 49th Street, New York, NY 10017 is $465,333,300.

What is the total square footage of 42 East 49th Street, New York, NY 10017?

42 East 49th Street, New York, NY 10017 has a total of 810,426 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 74.

How many active listings does 42 East 49th Street, New York, NY 10017 have?

This address has 6 active listing(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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