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42 East 49th Street, New York, NY 10017 Property Information

Also known as: 33 E 48th St, New York, NY 10017

42 East 49th Street, New York, NY 10017 Property Information

Also known as: 33 E 48th St, New York, NY 10017

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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42 East 49th Street, New York, NY 10017 2
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Address

Primary address 42 East 49th Street
Secondary address 33-41 E 48th St
Neighborhood Central Midtown
Zip code 10017
Borough Manhattan
Block & lot 01284-0026

Sales & Tax Overview for 42 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 02/28/2020
Purchase price $33,072,265
Tax class
Estimated property tax $23,211,266

Lot & Building Information for 42 East 49th Street, New York

Lot sq. ft. 35,200
Lot dimensions 159 ft x 201.25 ft
Property type Office Only with or without Commercial - 20 Stories or More (O4)
Building sqft 810,426
Building dimensions 131.8 ft x 148 ft
Buildings on lot 1
Stories 40
Year built 1968
Year last altered 2013
Construction type
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Zoning & Use for 42 East 49th Street, New York

Zoning
Commercial units 74
Office sqft
Retail sqft
Conversion feasibility index

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 5
Closest police station 0.21 Miles
Closest fire station 0.32 Miles

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

Other Property Data for 42 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 42 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 42 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.

  • 33-41 E 48th St, New York, NY 10017
  • 42-56 E 49th St, New York, NY 10017

About 42 East 49th Street, New York

How many square feet does 42 East 49th Street, New York, NY 10017 have?

This Office Only with or without Commercial - 20 Stories or More (O4) located at 42 East 49th Street, New York, NY 10017 has a total of 810,426 square feet.

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

42 East 49th Street, New York, NY 10017 was built in 1968 and has a current tax assessor's market value of $499,342,000.

How many commercial spaces does this building have?

This building has 74 commercial spaces available for lease. There are 8 active listings at this address.

Ownership Information for 42 East 49th Street, New York

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Property owner name for 42 East 49th Street, New York, NY 10017
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Building contacts for 42 East 49th Street, New York, NY 10017
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 42 East 49th Street, New York

280 Park Avenue
Listing type For Lease
Last updated 05/18/2026
Lot size 1.38 Acre
View Listing

Brokers

Peter Turchin
Gregg A. Rothkin
Jason L. Pollen
Hannah R. Gerard
Glen J. Weiss
Edward Riguardi
Alexandra Bedell
Jordan Donohue
David M. Kaufman
Zach Freeman
Liza Schwartz
Spaces
Suite name Space type Lease rate Available space Brokers
#3502/West General Office Listing price not available 8,601 David M. Kaufman
Edward Riguardi
Zach Freeman
Alexandra Bedell
Gregg A. Rothkin
Hannah R. Gerard
Jason L. Pollen
Peter Turchin
Jordan Donohue
Glen J. Weiss
22nd Floor East General Office Listing price not available 8,942 David M. Kaufman
Zach Freeman
Edward Riguardi
Alexandra Bedell
Gregg A. Rothkin
Hannah R. Gerard
Jason L. Pollen
Peter Turchin
Jordan Donohue
Glen J. Weiss
14th Floor West General Office Listing price not available 11,567 Gregg A. Rothkin
Jason L. Pollen
Peter Turchin
Edward Riguardi
Alexandra Bedell
Hannah R. Gerard
Jordan Donohue
Glen J. Weiss
29th Floor East General Office Listing price not available 8,941 David M. Kaufman
Zach Freeman
Edward Riguardi
Alexandra Bedell
Gregg A. Rothkin
Hannah R. Gerard
Jason L. Pollen
Peter Turchin
24th Floor West General Office Listing price not available 10,616 David M. Kaufman
Zach Freeman
Edward Riguardi
Alexandra Bedell
Gregg A. Rothkin
Hannah R. Gerard
Jason L. Pollen
Peter Turchin
Jordan Donohue
Glen J. Weiss
#4301/West General Office Listing price not available 8,587 David M. Kaufman
Edward Riguardi
Zach Freeman
Alexandra Bedell
Gregg A. Rothkin
Hannah R. Gerard
Jason L. Pollen
Peter Turchin
Jordan Donohue
Glen J. Weiss
33rd Floor General Office Listing price not available 10,053 E. N. Cutler
Noel Flagg
280 Park Avenue
Listing type For Lease
Listing date 04/27/2026
Last updated 05/22/2026

Entire 23rd floor located in the East Tower, featuring:

• 4 standard offices

• 1 executive office

• 1 large conference room

• 3 additional conference/collaboration rooms

• Open area seating for 29 sit/stand desks

• Pantry (with appliances)

• Multiple storage closets/cabinets

• IT closet

• Private restrooms

• Call room

• Reception area

• Furniture can be made available

View Listing

Brokers

Joseph Gervino
Spaces
Suite name Space type Lease rate Available space Brokers
P 23rd Floor Office Listing price not available 8,936 Joseph Gervino
Active Listings For This Property:
For Lease 280 Park Avenue
280 Park Avenue
42 East 49th Street, New York
Property General Office
Availability 7 Spaces listed / 67307 Sqft
Price Listing price not available
For Lease 280 Park Avenue
280 Park Avenue
42 East 49th Street, New York
Property Other
Availability 1 Spaces listed / 8936 Sqft
Price Listing price not available
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Past Sales & Property History for 42 East 49th Street, New York

Create a free account to view the complete sales history for 42 East 49th Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
02/28/2020 $33,072,265
05/17/2011 $499,795,000
11/19/2007 $1,279,800,000
       
       
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*Here are the three most recent sales for this property.

Title Documents for 42 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
03/09/2026 - D
04/06/2026 - R
Agreement
(2026040600310001)
12/01/2023 - D
12/15/2023 - R
Agreement
(2023121500132001)
08/09/2022 - D
08/17/2022 - R
Sundry Agreement
(2022081000816001)
03/10/2022 - R UCC3 Continuation
(2022030700242001)
10/02/2020 - D
03/03/2021 - R
Correction Deed
(2021022200292001)
02/28/2020 - D
05/13/2020 - R
Deed
(2020031000627001)
02/28/2020 - D
03/04/2020 - R
Deed
(2020030301029001)
08/21/2019 - D
08/27/2019 - R
Termination of Lease or Memo
(2019082300057001)
04/18/2019 - D
08/16/2019 - R
Easement
(2019081300878001)
12/19/2018 - D
01/07/2019 - R
Sundry Miscellaneous
(2018121900937001)
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R: Recorded date
D: Document date

Property Taxes for 42 East 49th Street, New York

Access detailed property tax data for 42 East 49th Street, New York, NY 10017. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $22,468,454
Estimated property tax: $23,211,266
Tax assessor's market value: $499,342,000
Assessed value: $224,703,900

Assessment History for 42 East 49th Street, New York

Here's the assessment & property tax history for 42 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 $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%

Permits for 42 East 49th Street, New York

The complete history of permits filed for 42 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
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
03/01/2019 Alteration type 2
02/07/2019 Alteration type 1
02/07/2019 Alteration type 1
10/21/2018 Alteration
10/05/2015 Alteration type 3
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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
$680
4.4% YoY
Median Price/Sqft Q4/2025
$550
-15.8% YoY
Median Price/Sqft 2025
$607
-2.5% 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 Lexington Ave & 50th St at NW Corner
Station lines E-M-6
Distance (miles) 0.159
View subway map
Bus Routes
Name Madison Av/E 48 St
Line X68
Distance (miles) 0.039

Neighbors for 42 East 49th Street, New York

Here are the neighbors for 42 East 49th Street, New York, NY 10017.

Address Square feet Purchase date Purchase price
22 E 49th St, New York 16,224 07/31/2002
410 Madison Ave, New York 58,395 06/17/2020 $115,000,000
280 Park Ave, New York 386,166 10/02/2020
603 5th Ave, New York 9,446 03/17/2023 $16,250,000
17 E 48th St, New York 18,562 12/26/1986
605 5th Ave, New York 13,750 01/26/2012
19 E 49th St, New York 7,500 06/16/1996
420 Madison Ave, New York 46,167 12/31/1973
597 5th Ave, New York 52,727 03/25/2026 $54,000,000
423 Madison Ave, New York 8,740 04/22/1999
19 E 48th St, New York 16,896 10/18/2000
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
415 Madison Ave, New York 04/07/2016 $291,437
425 Madison Ave, New York 102,519 09/26/2018 $855,953
437 Madison Ave, New York 836,660 11/01/2017 $28,050,000
300 Park Ave, New York 645,483 10/02/2020
12 E 49th St, New York 656,428 11/01/2017 $28,050,000
601 5th Ave, New York 12,420 08/06/2015 $137,041,875
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