
The Chrysler Building - 405 Lexington Avenue, New York, NY 10174
The Chrysler Building - 405 Lexington Avenue, New York, NY 10174
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Address
Building name | The Chrysler Building |
Primary address | The Chrysler Building - 405 Lexington Avenue |
Secondary address | 135-143 E 42nd St |
Neighborhood | Turtle Bay |
Zip code | 10174 |
Borough | Manhattan |
Block & lot | 01297-0023 |
Sales & Tax Overview for 405 Lexington Avenue, 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 |
Tax class | Register |
Lot & Building Information for 405 Lexington Avenue, New York
Lot sqft | 37,525 |
Lot dimensions | |
Building class | Office Only with or without Commercial - 20 Stories or More (O4) |
Building sqft | 1,035,307 |
Building dimensions |
Buildings on lot | 1 |
Stories | 68 |
Year built | 1930 |
Year last altered | 1999 |
Area Overview
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
School district | 2 |
Community district | 6 |
Closest police station | 0.41 Miles |
Closest fire station | 0.19 Miles |
Building Description
Located in Turtle Bay, Manhattan, the Chrysler Building is used primarily as a commercial office space with a few retail establishments. It has some of the best views in NYC. This 68-story building was built in 1930 and maintained its designation as the world's tallest building for less than a year before the Empire State Building was completed. As of 2016, it's still the tallest brick building anywhere in the world, though it does have a steel frame. It is a classic example of Art Deco architecture and many experts consider it one of the most architecturally impressive buildings not just in Manhattan but in the world.
Many multinational companies have called the Chrysler Building home. In fact, Texaco once occupied 14 of its floors, one of which was a world-class restaurant with unique amenities like a barber shop and locker rooms. Its recent environmentally friendly renovations have earned it a LEED certification for Existing Buildings. The 360-degree views from most floors offer a glimpse of not only Manhattan but also the other boroughs and even New Jersey. There's direct access to Grand Central Station, as well as other public transportation options, and it is staffed with security 24 hours a day.
Other Property Data for 405 Lexington Avenue, New York
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 135-143 E 42nd St, New York, NY 10174
- 130-140 E 43rd St, New York, NY 10174
- 393-413 Lexington Ave, New York, NY 10174
About 405 Lexington Avenue, New York
This Office Only with or without Commercial - 20 Stories or More (O4) located at The Chrysler Building - 405 Lexington Avenue, New York, NY 10174 has a total of 1,035,307 square feet and a current price per square foot of $27.
What is the year built & the current market value of The Chrysler Building - 405 Lexington Avenue, New York, NY 10174?The Chrysler Building - 405 Lexington Avenue, New York, NY 10174 was built in 1930 and has a current tax assessor's market value of $388,153,000.
How many commercial spaces does this building have?This building has 167 commercial spaces available for lease. There are 13 active listings at this address.
Ownership Information
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Office Spaces for Lease in 405 Lexington Avenue, New York
Listing type | For Lease |
---|---|
Last updated | 08/31/2023 |
Brokers
Suite name | Space type | Lease rate | Available space | Brokers |
---|---|---|---|---|
#6500 | General Office | Listing price not available | 7,632 | A. J. Camhi Paul Milunec Rob Weller |
#6700 | General Office | Listing price not available | 7,654 | A. J. Camhi Paul Milunec Rob Weller |
#6800 | General Office | Listing price not available | 5,767 | A. J. Camhi Paul Milunec Rob Weller |
#3303 | General Office | Listing price not available | 3,547 | A. J. Camhi Paul Milunec Rob Weller |
#3504 | General Office | Listing price not available | 2,803 | A. J. Camhi Paul Milunec Rob Weller |
#2500 | General Office | Listing price not available | 19,303 | A. J. Camhi Paul Milunec Rob Weller |
#2400 | General Office | Listing price not available | 20,621 | A. J. Camhi Paul Milunec Rob Weller |
#1500 | General Office | Listing price not available | 37,616 | A. J. Camhi Paul Milunec Rob Weller |
#1000 | General Office | Listing price not available | 37,587 | A. J. Camhi Paul Milunec Rob Weller |
#1100 | General Office | Listing price not available | 37,587 | A. J. Camhi Paul Milunec Rob Weller |
#5401 | General Office | Listing price not available | 3,275 | A. J. Camhi Paul Milunec Rob Weller |
#4300 | General Office | Listing price not available | 11,292 | A. J. Camhi Paul Milunec Rob Weller |
#3201 | General Office | Listing price not available | 4,728 | A. J. Camhi Paul Milunec Rob Weller |
Past Sales & Property History for 405 Lexington Avenue, New York
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*Here are the three most recent sales for this property.
Title Documents for 405 Lexington Avenue, New York
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R: Recorded date
D: Document date
Property Taxes for 405 Lexington Avenue, New York
Access detailed property tax data for The Chrysler Building - The Chrysler Building - 405 Lexington Avenue, New York, NY 10174. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
Tax year: | 2023-2024 |
Property tax: | $0 |
Tax assessor's market value: | $388,153,000 |
Assessed value: | $174,668,850 |
Exemptions granted by city: | Register |
Assessment History for 405 Lexington Avenue, New York
Here's the assessment & property tax history for 405 Lexington Avenue, 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 |
---|---|---|---|---|---|---|
2022/23 | $374,241,000 | $168,408,450 | $0 | 10.646% | $17,928,764 | $0 |
2021/22 | $397,777,800 | $179,000,010 | $0 | 10.755% | $19,251,450 | $0 |
2020/21 | $435,555,600 | $196,000,020 | $0 | 10.694% | $20,960,240 | $0 |
2019/20 | $457,008,000 | $205,653,600 | $0 | 10.537% | $21,265,141 | $0 |
2018/19 | $471,828,000 | $212,322,600 | $0 | 10.514% | $21,129,754 | $0 |
Permits for 405 Lexington Avenue, New York
The complete history of permits filed for 405 Lexington Avenue, 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.
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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.
Risk
FEMA flood zone(s): | X (See more on map) |
Transportation
Distance to Subway
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Closest station | Lexington Ave & 43rd St at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Station lines | GS-4-5-6-7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Distance (miles) | 0.012 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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Name | E 42 St/Lexington Av | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Line | M42 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Distance (miles) | 0.036 |
Neighbors for 405 Lexington Avenue, New York
Here are the neighbors for The Chrysler Building - The Chrysler Building - 405 Lexington Avenue, New York, NY 10174.
Address | Square feet | Purchase date | Purchase price |
---|---|---|---|
425 Lexington Ave, New York | 627,691 | 10/30/2018 | $701,000,000 |
125 Park Ave, New York | 520,416 | 11/01/2017 | $28,050,000 |
630 3rd Ave, New York | 210,777 | 11/18/2022 | $97,812,531 |
622 3rd Ave, New York | 986,431 | 11/01/2017 | $28,050,000 |
369 Lexington Ave, New York | 118,587 | 09/09/2013 | |
101 Park Ave, New York | 1,088,389 | 11/01/2017 | $28,050,000 |
155 E 42nd St, New York | 21,910 | 04/05/2019 | $75,500,000 |
143 E 43rd St, New York | 21,000 | ||
684 3rd Ave, New York | 12,000 | 02/25/1997 | |
110 E 42nd St, New York | 304,138 | ||
122 E 42nd St, New York | 862,071 | 08/31/2016 | |
690 3rd Ave, New York | 1,750 | 04/27/2015 | $13,806,000 |
168 E 44th St, New York | 3,360 | 07/20/2009 | |
370 Lexington Ave, New York | 246,605 | 12/17/2018 | $190,000,000 |
625 Madison Ave, New York | 535,344 | 11/01/2017 | $28,050,000 |
145 E 42nd St, New York | 10,721 | 04/05/2019 | $75,500,000 |
686 3rd Ave, New York | 5,025 | 04/27/2015 | $13,806,000 |
694 3rd Ave, New York | 1,680 | 04/27/2015 | $1,742,000 |
355 Lexington Ave, New York | 225,000 | 11/30/2011 | |
696 3rd Ave, New York | 1,680 | 10/22/2007 | $10,750,000 |