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110 East 42nd Street

110 East 42nd Street
New York, NY 10017
Office, Leasing/Rental

110 East 42nd Street is a highrise bank building in the Midtown, Manhattan. Designed by York & Sawyer architects in the romanesque revival style, construction on the building was completed in 1923. Originally the site of the Bowery Savings Bank, the building is now commercial office space. It is 237 feet tall and contains 215,400 square feet of usable space.

SL Green re-acquired the building in 2011 for $85.5 million. It had owned the building previously, and sold it to Gotham Realty Holdings for $111.5 million in 2007. As of the fourth quarter of 2014, SL Green collected nearly $10.4 million in annualized rents. Major tenants at the address include Newmark Knight Frank, Curtis Mallet-Prevost, Princeton Review, and Ackman Ziff Real Estate Group, LLC.

-WP

  • Address 110 East 42nd Street
  • neighborhood Grand Central
  • borough Manhattan
  • owner SL Green Realty
  • owner entity 125 PARK OWNER LLC
  • floors 18
  • Year Built 1921
  • square feet 304,137
  • block and lot 1-01296-7501
  • BIN 1083181

The top NYC real estate events next week
09/22/17
...Powerful Women" in New York at Cipriani at 110 East 42nd Street. Deputy Mayor Alicia Glen, Gov. Andrew Cuomo’s chief of staff Melissa DeRosa, Cathy...

Check out the top NYC real estate events happening next week
09/05/17
...Sept. 26 from noon to 2 p.m. at Cipriani, 110 East 42nd Street. Deputy Mayor Alicia Glen, Gov. Andrew Cuomo's chief of staff Melissa DeRosa, Deloitte's Cathy...

First American Title Insurance inks 18K sf lease at SL Green’s 110 East 42nd
05/09/17
...roughly 18,000 square feet at SL Green Realty’s 110 East 42nd Street. The firm, one of the “four families” that controls nearly 90 percent of the title...

Law firm taking 38K sf at SL Green’s 711 Third Avenue
11/24/15
...the firm relocating from another SL Green property, 110 East 42nd Street. Publisher Niche Media also relocated from another SL Green-owned building, 100 Church Street in the...

Ackman-Ziff moving HQ to SL Green’s 711 Third Avenue
09/29/15
...will relocate from another SL Green building at 110 East 42nd Street, between Park and Lexington avenues, where it currently leases around 18,000 square feet on the...

SL Green adds Princeton Review, others at 110 E. 42nd
07/28/14
...Howard Tenenbaum and 110 East 42nd Street The Princeton Review and three other tenants grabbed a total of more than 48,000 square...

SL Green takes back 110 East 42nd Street
05/12/11
...back control of a 207,000-square-foot office building at 110 East 42nd Street between Lexington and Park avenues that it sold to Gotham Realty Holdings for $111.5 million...

NYC commercial delinquencies drop slightly
10/08/10
...the 50 delinquent properties A commercial condo at 110 East 42nd Street, 1262 East 14th Street in Midwood , 1775 Broadway and 40 Rector Street (credit: PropertyShark)(Updated, Oct. 10, 7:40 a...

Elliman, Corcoran cancel annual holiday bash
...Street. In 2006, the firm's gala at Cipriani at 110 East 42nd Street featured sophisticated lighting, an ice sculpture and top-shelf food and booze. "We're in fine...

Elliman cancels annual holiday bash
11/19/08
...Street. In 2006, the firm's gala at Cipriani at 110 East 42nd Street featured sophisticated lighting, an ice sculpture and top-shelf food and booze. "We're in fine...

On the Market: Commercial
...Green is selling the 200,000-square-foot office component of 110 East 42nd Street, the Post reported. Bids are expected in the $600 per square foot range. The building...

SL Green deals: The roundup
04/25/07
...sale of its interest in the condo-office at 110 East 42nd Street for $111.5 million. The firm, which is the city's biggest commercial landlord, is also rumored...
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  • Event Office Leasing
  • Address 110 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 1,840
notes
The commuter railroad company signed a new seven-year lease.
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  • Event Office Leasing
  • Address 110 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 20,966
notes
The test preparation services company signed a new 10-plus-year lease for the entire seventh floor.
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  • Event Office Leasing
  • Address 110 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 14,371
notes
The law firm signed a five-year lease renewal on the ninth floor.
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  • Event Office Leasing
  • Address 110 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 11,305
notes
The environmental consultancy signed a five-year expansion lease for part of the eighth floor, bringing its total occupancy to 17,901 square feet.
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  • Event Sales
  • Address 110 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 10,400
  • Price $ 5,600,000
  • Price per foot $ 538.46
notes
The property sold for $5.6 million, or $538 per square foot. The price represents a capitalization rate of 5.5 percent.
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  • Event Sales
  • Address 110 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 188,000
  • Price $ 111,500,000
  • Price per foot $ 593.09
  • Publication Date 06/01/2007
  • Event Date 04/22/2007
  • Party 1 SL Green Realty
notes
SL Green sold its office condominium interest in floors six through 18 for $111.5 million, or $611 per square foot. The REIT originally acquired the property in 1997 for $30 million, or $120 per square foot.
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  • Event Office Leasing
  • Address 110 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 2,721
  • Publication Date 12/01/2006
  • Event Date 10/22/2006
  • Party 1 SL Green Realty
  • Party 1 Brokerage In-house
  • Party 2 Wolf Medical Marketing & Design
notes
The tenant, which specializes in the design and manufacture of medical and pharmaceutical promotional products, inked a five-year lease.
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  • Event Office Leasing
  • Address 110 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 2,200
  • Publication Date 12/01/2006
  • Event Date 10/22/2006
  • Party 1 SL Green Realty
  • Party 1 Brokerage In-house
  • Party 2 Atlantic Monthly Group
  • Party 2 Brokerage Newmark Grubb Knight Frank
notes
The publisher of the Atlantic Monthly Magazine signed a five-year, one-month lease for suite 1311.
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  • Event Office Leasing
  • Address 110 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 1,179
notes
The independent financial research firm that provides retail data to institutional investors signed a five-year lease.
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  • Event Office Leasing
  • Address 110 East 42nd Street
  • Neighborhood Murray Hill
  • Borough Manhattan
  • Square feet 17,000
notes
Firm expands from 7,500 square feet in 10-year lease, will occupy entire 10th floor.