1 E 42nd St
Midtown
New York, NY, 10017

Built in 1927 this 62,387 sq.ft. building is 100% Office Space and contains 0 residential units and 16 non-residential units.

This property is currently Off Market.

    Transit

    • 5th Av Route BRoute DRoute FRoute MRoute 7 1 Minute walk, 0.1 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 7 Minute walk, 0.4 Miles

    Schools

    • Elementary School

      • P.S. 116 Mary Lindley Murray
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Jane Hsu
        • Phone: 212-685-4366
        • Address: 210 East 33 Street
        • Website: schools.nyc.gov
    • Middle School

      • J.H.S. 104 Simon Baruch
        • Grades: 06,07,08,SE
        • Principal: Rocco Macri
        • Phone: 212-674-4545
        • Address: 330 East 21 Street
        • Website: schools.nyc.gov
    • High School

      • Citywide High School Choice

    Public Records

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    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2011-11-16. Parties: Sovereign Bank, L.P. Canal Associates & United Duffield Co. & Olympic Funding LLC & 323 Equities, LLC Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2011-11-16. Parties: Sovereign Bank, L.P. Canal Associates & United Duffield Co. & Olympic Funding LLC & 323 Equities, LLC Show Details
    • Mortgage Agreement for $12,600,000.00 dated 2005-09-30 between Sovereign Bank and L.P. Canal Associates & United Duffield Co. & Olympic Funding LLC & 323 Equities, LLC Show Details
    • Mortgage Agreement for $5,000,000.00 dated 2005-09-30 between Sovereign Bank and L.P. Canal Associates & United Duffield Co. & Olympic Funding LLC & 323 Equities, LLC Show Details
    • Release dated 2009-05-21 between Acting By And Through The Republic Of Greece and S.A. National Bank Of Greece Show Details
    • Release dated 2009-05-15 between S.A. Olympic Airways and Atlantic Bank Of New York Show Details
    • An Assignment of Leases and Rents was granted to by or 2007-01-12 Show Details
    • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2007-02-06. Parties: Fifth@42Nd LLC, Landesbank Hessen-Thuringen Girozentrale Show Details
    • 4 East 43 LLC sold this property to Palace 43 LLC for $0.00 on 2006-01-12. Show Details
    • Olympic Funding LLC sold this property to The Taipei Economic And Cultural Office In Ny for $30,000,000.00 on 2005-03-29. Show Details
    • Mortgage Agreement for $0.00 dated 2005-03-29 between Olympic Funding LLC and The Taipei Economic And Cultural Office In Ny Show Details
    • Mortgage Agreement for $0.00 dated 2005-03-29 between and Show Details
    • Termination Of Lease Or Memo (Other Documents) was filed on 2005-05-31. Parties: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2005-05-31. Parties: Independence Community Bank, Olympic Funding LLC Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2005-05-31. Parties: Independence Community Bank, Olympic Funding LLC Show Details
    • UCC3 Release / UCC Amendment dated 2005-04-05, Debtor: Olympic Funding LLC, Secured Party: Independence Community Bank, Assignee: Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2004-08-17. Parties: Show Details
    • Zoning Lot Description (Other Documents) was filed on 2004-02-03. Parties: Moniek Stawski Show Details
    • Zoning Lot Description (Other Documents) was filed on 2004-02-03. Parties: Independence Community Bank Show Details
    • Zoning Lot Description (Other Documents) was filed on 2004-02-03. Parties: National Association Wachovia Bank Show Details
    • Development Rights (Deeds And Other Conveyances) was filed on 2004-02-03. Parties: Olympic Funding LLC, Fifth @ 42Nd LLC Show Details
    • Declaration (Other Documents) was filed on 2004-02-03. Parties: Show Details
    • Mortgage Agreement for $5,000,000.00 dated 2003-12-23 between Independence Community Bank and L.P. Canal Associates & Olympic Funding LLC & 323 Equities, LLC Show Details
    • An Assignment of Leases and Rents was granted to Independence Community Bank by L.P. Canal Associates & Olympic Funding LLC & 323 Equities, LLC or 2003-12-23 Show Details
    • Mortgage Agreement for $16,350,000.00 dated 2003-12-23 between Independence Community Bank and L.P. Canal Associates & Olympic Funding LLC & 323 Equities, LLC Show Details
    • L.P. Canal Associates & Olympic Funding LLC & 323 Equities, LLC took a mortgage for $1,445,239.00 from Independence Community Bank on 2003-12-23. Show Details
    • Olympic Funding LLC took a mortgage for $14,904,761.00 from Independence Community Bank on 2003-12-23. Show Details
    • Mortgage Agreement for $19,904,761.00 dated 2003-12-23 between Independence Community Bank and Olympic Funding LLC Show Details
    • On 2003-12-18 a mortgage on this property was transferred from S.A. National Bank Of Greece to Independence Community Bank. Show Details
    • sold this property to for $16,800,000.00 on 2003-10-02. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2004-01-30. Parties: Atlantic Bank Of New York, S.A. Olympic Airways Show Details
    • Initial UCC1 dated 2004-01-23, Debtor: Olympic Funding LLC, Secured Party: Independence Community Bank, Assignee: Show Details
    • UCC3 Termination dated 2004-01-23, Debtor: S.A. Olympic Airways, Secured Party: Atlantic Bank Of New York, Assignee: Show Details
    • Carnegie Manhattan Partners Satisfied their Mortgage with Mutual Benefit Lifeinsurance Company on 2001-06-22. Show Details
    • Mortgage Agreement for $0.00 dated 2001-03-02 between Republic Of Greece and National Bank Of Greece S.A. Show Details
    • Republic Of Greece took a mortgage for $12,000,000.00 from National Bank Of Greece S.A. on 2001-03-02. Show Details
    • On 2001-03-02 a mortgage on this property was transferred from Atlantic Bank Of Newyork to National Bank Of Greece S.A.. Show Details
    • S.A. Olympic Airways sold this property to Republic Of Greece for $0.00 on 2000-12-20. Show Details
    • On 2000-12-11 a mortgage on this property was transferred from S.A. Olympic Airways to Atlantic Bank Of Newyork. Show Details
    • S.A. Olympic Airways took a mortgage for $10,000,000.00 from Atlantic Bank Of Newyork on 2000-12-11. Show Details
    • Initial UCC1 dated 2000-04-21, Debtor: S.A. Olympic Airways, Secured Party: Atlantic Bank Of Newyork, Assignee: Show Details
    • On 1998-08-27 a mortgage on this property was transferred from Mbl Life Assurance Corporation to F.S.B. Regency Savings Bank. Show Details
    • Mortgage Agreement for $0.00 dated 1995-08-17 between Mbl Life Assurance Corporation and S.A. Olympic Airways Show Details
    • On 1994-08-15 a mortgage on this property was transferred from Mutual Benefit Lifeinsurance Company to Mbl Life Assurance Corporation. Show Details
    • Ucc3 Assumption (Ucc And Federal Liens) was filed on 1993-04-19. Parties: Lgnc Inc, Mutual Benefit Lifeinsurance Company In Rehabilitation Show Details
    • Initial UCC1 dated 1993-04-19, Debtor: Lgnc Inc, Secured Party: Mutual Benefit Lifeinsurance Company In Rehabilitation, Assignee: Show Details
    • Initial UCC1 dated 1992-10-23, Debtor: S.A. Olympic Airways, Secured Party: Mutual Benefit Lifeinsurance Company In Rehabilitation, Assignee: Show Details
    • Touko America Co Inc sold this property to S.A. Olympic Airways for $0.00 on 1992-09-16. Show Details
    • Mortgage Agreement for $0.00 dated 1992-09-29 between S.A. Olympic Airways and Mutual Benefit Lifeetc Show Details
    • On 1992-09-29 a mortgage on this property was transferred from S.A. Olympic Airways to Mutual Benefit Lifeetc. Show Details
    • On 1991-07-31 a mortgage on this property was transferred from Mutual Benefit Etc to Citibank N.A.. Show Details
    • On 1990-05-11 a mortgage on this property was transferred from Mutual Benefit Lifeetal to Citibank N.A.. Show Details
    • Carnegie Manhattan Prtnr Satisfied their Mortgage with Howard Svgs Bank on 1990-03-16. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1990-03-16. Parties: Carnegie Manhattan Prtnr, Mutual Bnftt Lf Insco Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1990-03-16. Parties: Touko America Co Inc, Mutual Benefit Lifeetc Show Details
    • A Miscellaneous legal document filed on 1990-03-16. Parties: Touko America Co Inc Show Details
    • Carnegie Manhattan Pts sold this property to Touko America Co Inc for $0.00 on 1990-03-15. Show Details
    • UCC3 Termination dated 1990-03-16, Debtor: Carnegie Manhattan Partners, Secured Party: Mutual Benefit Lifeinsurance Company, Assignee: Show Details
    • Initial UCC1 dated 1990-03-16, Debtor: Touko America Co., INC, Secured Party: Mutual Benefit Lifeinsurance Co, Assignee: Show Details
    • Carnegie Manhattan Prtnr took a mortgage for $8,179,500.00 from Howard Savings Bank on 1985-12-02. Show Details
    • On 1985-09-17 a mortgage on this property was transferred from Carnegie Manhattan Prntr to Mutual Benefit Lifeetc.. Show Details
    • Carnegie Manhattan Prntr took a mortgage for $13,000,000.00 from Mutual Benefit Lifeetc on 1985-09-17. Show Details
    • Bloomsday Inc sold this property to Carnegie Manhattan Partn for $0.00 on 1985-09-12. Show Details
    • Initial UCC1 dated 1985-09-17, Debtor: Carnegie Manhattan Partners, Secured Party: Mutual Benefit Lifeinsurance Company, Assignee: Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1985-09-17. Parties: Carnegie Manhatn Partnrs, Mutual Benefit Lf Ins Co Show Details
    • Declaration (Other Documents) was filed on 1983-03-02. Parties: Vector Studley Assoc. Show Details
    • On 1983-03-02 a mortgage on this property was transferred from American Savings Bank to Vector Studley Assoc.. Show Details
    • On 1983-03-02 a mortgage on this property was transferred from 503 Fifth Avenue Corp. to Vector Studley Assoc.. Show Details
    • Vector Studley Assoc. sold this property to Inc. Moland Street for $0.00 on 1983-02-28. Show Details
    • 503 Fifth Ave.Corp. sold this property to Vector Studley Assoc. for $0.00 on 1983-02-09. Show Details
    • Vector Studley Assocites took a mortgage for $0.00 from American Savings Bank on 1980-10-07. Show Details
    • Mortgage Agreement for $0.00 dated 1980-10-07 between Vector Studley Assocites and American Savings Bank Show Details
    • On 1980-10-07 a mortgage on this property was transferred from Equitable Lf Assrncetal to American Savings Bank. Show Details
    • On 1980-10-07 a mortgage on this property was transferred from Emmett Anne Eustis & Na Tr American Scrty Bk to 503 Fifth Avenue Corp. Show Details
    • On 1980-10-07 a mortgage on this property was transferred from Grenville T Iii Emmet & Na Tr American Scrty Bk to 503 Fifth Avenue Corp. Show Details
    • On 1980-10-07 a mortgage on this property was transferred from Guy G Tr Rutherford & Hugo Rutherford & John Philip Rutherford & Na Tr American Scrty Bk to 503 Fifth Avenue Corp. Show Details
    • On 1980-10-07 a mortgage on this property was transferred from Artura Perolta Tr Ramos & Winthropjr Rutherford & Na Tr American Scrty Bk to 503 Fifth Avenue Corp. Show Details
    • Mortgage Agreement for $0.00 dated 1980-10-07 between Vector Studley Assocites and 503 Fifth Ave Corp Show Details
    • Studley Assoc Vector took a mortgage for $0.00 from 503 Fifth Avenue Corp on 1980-10-07. Show Details
    • 503 Fifth Avenue Corp sold this property to Vector Studley Associats for $0.00 on 1980-10-07. Show Details
    • Mortgage Agreement for $0.00 dated 1978-08-07 between 503 Fifth Ave Corp and Equitable Life Etal Show Details
    • Mortgage Agreement for $0.00 dated 1978-02-05 between 503 Fifth Ave Corp and Equitable Life Etal Show Details
    • A Miscellaneous legal document filed on 1968-12-16. Parties: Fisher Fourty Secondst & Chemical Bnk Ny Tr Comp & 503 Fifth Avenue Corp & Emigrant Sbgs Bnk Show Details
    • 503 5Th Ave Corp took a mortgage for $0.00 from Equit Lf Assur Soc Us on 1967-08-11. Show Details
    • 503 5Th Ave Corp took a mortgage for $0.00 from Equit Lf Assur Soc Us on 1967-08-11. Show Details
    • On 1966-12-29 a mortgage on this property was transferred from America Scur 1St Coetal to America Scur 1St Coeta. Show Details

    Lot

    Address
    1 E 42nd St, 10017
    Square Footage
    4,915
    Lot Type
    Through
    Dimensions
    40.0ft x 135.38ft
    BBL
    1012770006

    Neighborhood

    Neighborhood
    NeighborhoodContent object
    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    14
    Fire Company
    E065
    School District
    2
    Census Tract
    94

    Zoning

    Zoning District
    C5-3
    Commercial Overlay
    N/A
    Split Zoning
    Yes
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $5,775,000
    MV Total
    $12,819,000
    AV Land
    $2,598,750
    AV Total
    $5,768,550

    Floor Area Ratio

    Built FAR
    12.69

    Residential
    Zoned FAR 10.0
    Max 49,150.0 sq. ft.
    Remaining -13,237.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 73,725.0 sq. ft.
    Remaining 11,338.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 73,725.0 sq. ft.
    Remaining 11,338.0 sq. ft.

    Building

    Category
    Miscellaneous
    Class
    Foreign Government
    Land Use
    Public Facilities & Institutions
    Buildings
    1
    Year Built
    1927
    Alterations
    N/A
    Floors
    15.0
    Residential Units
    0
    Total Units
    16
    Floor Area
    62387
    Basement
    Full Basement Below Grade
    Proximity
    Attached

    Crime

    This property is located in the Midtown South Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the Midtown South Precinct saw 11196 felony property crimes (Burglary, Grand Larceny and Grand Larceny of Motor Vehicle) committed per 100,000 residents**. This is higher then the borough's property crime rate, which was 1219 over the same period.

    Violent Crime

    Very high
    In 2015 the Midtown South Precinct saw 2014 felony violent crimes (Murder, Rape, Robbery and Felony Assault) committed per 100,000 residents**. This is higher then the borough's violent crime rate, which was 444 over the same period.

    ** This does not take daytime population into account. Actual crime rates in areas where many people work (higher daytime population) may be lower. Conversely actual crime rates may be higher in areas where many people commute out for work (lower daytime population).

    Street View