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Chanin Building - 122 East 42nd Street, New York, NY 10017 Property Information

Chanin Building - 122 East 42nd Street, New York, NY 10017 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Chanin Building - 122 East 42nd Street, New York, NY 10017 4
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Address

Building name Chanin Building
Primary address Chanin Building - 122 East 42nd Street
Secondary address 117 E 41st St
Neighborhood Murray Hill
Zip code 10017
Borough Manhattan
Block & lot 01296-0014

Sales & Tax Overview for 122 East 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 08/11/2005
Purchase price $400,000
Tax class
Estimated property tax $8,459,129

Lot & Building Information for 122 East 42nd Street, New York

Lot sq. ft. 29,625
Lot dimensions 197.5 ft x 175 ft
Property type Office Only with or without Commercial - 20 Stories or More (O4)
Building sqft 862,071
Building dimensions 197 ft x 175 ft
Buildings on lot 1
Stories 52
Year built 1929
Construction type
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Zoning & Use for 122 East 42nd Street, New York

Zoning
Commercial units 219
Office sqft
Retail sqft
Conversion feasibility index

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 5
Closest police station 0.47 Miles
Closest fire station 0.20 Miles

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

Building Description

The Chanin Building is a brick and terra cotta skyscraper built in 1928. It is located in the Central Midtown. It is 56 stories high and was built by Irwin Chanin in 1929. In 1978, the building was designated a New York City landmark and in 1980 the building was added to the National Register of Historic Places. Like a few other buildings of its era, the Chanin Building was designed in the Art Deco style.

It is a commercial office and retail building, housing 812,763 square feet of office space and 41,913 square feet of retail space. Beautiful and historic Grand Central Station is one block away from the Chanin Building, as is the Chrysler Building. The nearest subway station is only 90 feet away and has access to the 4-5-6-6 Express-7-7 Express-S subway lines. Cipriani Restaurant is nearby, as well as many coffee shops, including Starbucks.

Other Property Data for 122 East 42nd 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 Chanin Building - 122 East 42nd 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 Chanin Building - 122 East 42nd 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.

  • 117 E 41st St, New York, NY 10017
  • 119 E 41st St, New York, NY 10017
  • 121 E 41st St, New York, NY 10017
  • 123 E 41st St, New York, NY 10017
  • 125 E 41st St, New York, NY 10017
  • 127 E 41st St, New York, NY 10017
  • 122 C E 42nd St, New York, NY 10017
  • 122 B E 42nd St, New York, NY 10017
  • 122 A E 42nd St, New York, NY 10017
  • 124-126 E 42nd St, New York, NY 10017
  • 128 E 42nd St, New York, NY 10017
  • 374 Lexington Ave, New York, NY 10017
  • 376 Lexington Ave, New York, NY 10017
  • 378 Lexington Ave, New York, NY 10017
  • 380 Lexington Ave, New York, NY 10017
  • 382 Lexington Ave, New York, NY 10017
  • 384 Lexington Ave, New York, NY 10017
  • 386 Lexington Ave, New York, NY 10017
  • 388 Lexington Ave, New York, NY 10017

About 122 East 42nd Street, New York

How many square feet does Chanin Building - 122 East 42nd Street, New York, NY 10017 have?

This Office Only with or without Commercial - 20 Stories or More (O4) located at Chanin Building - 122 East 42nd Street, New York, NY 10017 has a total of 862,071 square feet.

What is the year built & the current market value of Chanin Building - 122 East 42nd Street, New York, NY 10017?

Chanin Building - 122 East 42nd Street, New York, NY 10017 was built in 1929 and has a current tax assessor's market value of $173,413,000.

How many commercial spaces does this building have?

This building has 219 commercial spaces available for lease. There are 13 active listings at this address.

Ownership Information for 122 East 42nd Street, New York

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Property owner name for Chanin Building - 122 East 42nd Street, New York, NY 10017
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Building contacts for Chanin Building - 122 East 42nd Street, New York, NY 10017
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 122 East 42nd Street, New York

Chanin Building
Listing type For Lease
Last updated 03/31/2026
Lot size 0.68 Acre
View Listing

Brokers

Bryan Boisi
Mark P. Boisi
Stephen Bellwood
Spaces
Suite name Space type Lease rate Available space Brokers
122 East 42nd Street Ground Floor Retail Listing price not available 1,320 Jeffrey D. Roseman
Drew Weiss
122 East 42nd Street Lower Level Retail Listing price not available 18,333 Jeffrey D. Roseman
Drew Weiss
The Chanin Building
Listing type For Lease
Listing date 09/23/2019
Last updated 05/12/2026

A 54-story structure with approximately 625,000 rentable square feet, built in 1929.

View Listing

Brokers

Bryan Boisi
Mark P. Boisi
Stephen Bellwood
Spaces
Suite name Space type Lease rate Available space Brokers
Suite 1905 General Office Listing price not available 6,074 Bryan Boisi
Mark P. Boisi
Stephen Bellwood
Suite 2900 General Office Listing price not available 3,305 Bryan Boisi
Mark P. Boisi
Stephen Bellwood
Suite 1920 General Office Listing price not available 6,505 Bryan Boisi
Mark P. Boisi
Stephen Bellwood
Suite 4100 General Office Listing price not available 4,727 Bryan Boisi
Mark P. Boisi
Stephen Bellwood
34 Floor General Office Listing price not available 8,373 Bryan Boisi
Mark P. Boisi
Stephen Bellwood
Partial 17 Floor General Office Listing price not available 28,455 Bryan Boisi
Mark P. Boisi
Stephen Bellwood
Suite 3500 General Office Listing price not available 4,721 Bryan Boisi
Mark P. Boisi
Stephen Bellwood
46 Floor General Office $63/Sqft/Year 8,373 Bryan Boisi
Mark P. Boisi
Stephen Bellwood
Suite 2200 General Office $63/Sqft/Year 7,318 Bryan Boisi
Mark P. Boisi
Stephen Bellwood
Suite 2210 General Office $63/Sqft/Year 3,485 Bryan Boisi
Mark P. Boisi
Stephen Bellwood
42 Floor General Office $63/Sqft/Year 8,379 Bryan Boisi
Mark P. Boisi
Stephen Bellwood
Active Listings For This Property:
For Lease Chanin Building
Chanin Building
122 East 42nd Street, New York
Property General Office
Availability 2 Spaces listed / 19653 Sqft
Price Listing price not available
For Lease The Chanin Building
The Chanin Building
122 East 42nd Street, New York
Property Office
Availability 11 Spaces listed / 89715 Sqft
Price $63/Sqft/Year
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Past Sales & Property History for 122 East 42nd Street, New York

Create a free account to view the complete sales history for 122 East 42nd Street, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
08/11/2005 $400,000

Title Documents for 122 East 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
06/06/2024 - R UCC3 Continuation
(2024060600395001)
02/10/2023 - R Initial UCC1
(2023020900153005)
02/10/2023 - R UCC3 Termination
(2023020900153003)
02/06/2023 - D
02/10/2023 - R
Assignment of Leases and Rents
(2023020900153004)
02/06/2023 - D
02/10/2023 - R
Termination of Assign of L&R
(2023020900153002)
02/06/2023 - D
02/10/2023 - R
Assignment, Mortgage
(2023020900153001)
09/14/2021 - D
09/24/2021 - R
Sundry Agreement
(2021092001105001)
05/13/2021 - R UCC3 Continuation
(2021051201370001)
08/24/2020 - D
11/13/2020 - R
Sundry Agreement
(2020110900175001)
08/14/2020 - D
04/19/2021 - R
Agreement
(2021040901268001)
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R: Recorded date
D: Document date

Property Taxes for 122 East 42nd Street, New York

Access detailed property tax data for Chanin Building - Chanin Building - 122 East 42nd 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: $8,465,329
Estimated property tax: $8,459,129
Tax assessor's market value: $173,413,000
Assessed value: $78,035,850

Assessment History for 122 East 42nd Street, New York

Here's the assessment & property tax history for 122 East 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 $173,413,000 $78,035,850 $78,035,850 10.848% $8,465,329 $8,465,329 +1.19%
2024/25 $172,742,000 $77,733,900 $77,733,900 10.762% $8,365,722 $8,365,722 +1.61%
2023/24 $172,737,000 $77,731,650 $77,731,650 10.592% $8,233,336 $8,233,336 -3.20%
2022/23 $177,549,000 $79,897,050 $79,897,050 10.646% $8,505,840 $8,505,840 -2.62%
2021/22 $180,477,000 $81,214,650 $81,214,650 10.755% $8,734,636 $8,734,636 -19.72%

Permits for 122 East 42nd Street, New York

The complete history of permits filed for 122 East 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
04/27/2026 Alteration
03/13/2026 Alteration
03/13/2026 Alteration
01/12/2026 Alteration
12/17/2025 Alteration
11/18/2025 Alteration
11/18/2025 Alteration
08/29/2025 Alteration
07/22/2025 Alteration
07/22/2025 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
$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 & 42nd St at SW Corner
Station lines GS-4-5-6-7
Distance (miles) 0.017
View subway map
Bus Routes
Name Lexington Av/E 42 St
Line M103
Distance (miles) 0.024

Neighbors for 122 East 42nd Street, New York

Here are the neighbors for Chanin Building - Chanin Building - 122 East 42nd Street, New York, NY 10017.

Address Square feet Purchase date Purchase price
686 3rd Ave, New York 5,025 04/27/2015 $13,806,000
369 Lexington Ave, New York 118,587 09/09/2013
480 Park Ave, New York 375,239
107 E 41st St, New York 304,138
155 E 42nd St, New York 21,910 04/05/2019 $75,500,000
405 Lexington Ave, New York 1,035,307 11/01/2017 $28,050,000
125 Park Ave, New York 520,416 11/01/2017 $28,050,000
625 Madison Ave, New York 11/01/2017 $28,050,000
500 Park Ave, New York 103,178 01/21/2025 $68,795,174
145 E 42nd St, New York 10,721 04/05/2019 $75,500,000
684 3rd Ave, New York 12,000 02/25/1997
622 3rd Ave, New York 986,431 11/01/2017 $28,050,000
101 Park Ave, New York 1,088,389 11/01/2017 $28,050,000
355 Lexington Ave, New York 225,000 11/30/2011
630 3rd Ave, New York 210,777 10/10/2025 $66,244,842
143 E 43rd St, New York 21,000
690 3rd Ave, New York 1,750 04/27/2015 $13,806,000
370 Lexington Ave, New York 246,605 12/17/2018 $190,000,000
425 Lexington Ave, New York 627,691 10/30/2018 $701,000,000
694 3rd Ave, New York 1,680 04/27/2015 $1,742,000
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