Building Details

Year Built 1929

Stories 54

Listing Agency: Cushman & Wakefield | Midtown Manhattan m***@cushmanwakefield.com Show Phone

Listed By: Mark Boisi

Source: Moodyscre

Added: Nov 20, 2025 Changed: Jul 26 Last Checked: Aug 3 at 11:21AM

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Investment Insights

Based on property information with market context.

This 54-story office tower was built in 1929 and provides approximately 625,000 rentable square feet.

The property is located at 122 E 42nd St in New York, NY 10168. ForRent opportunities are available within the building for qualified office tenants seeking space in a long-established high-rise.

Key Highlights

• 54‑story office tower built in 1929
• Approximately 625,000 rentable square feet

Property Analytics

Current Use

Vital Learning Corporation High School Grenier Humes Nolan ... Law Firm Penson GH Co Trucking Company Sauer Richard H Law Firm The NHP Foundation Association / Organization

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Buffet Locksmith Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

79,335

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for New York, NY

$64.2 /SF/Yr

Avg Asking Price

$37–$165 /SF/Yr

Price Range

34,730 SF

Avg Space Size

Vacancy Rate% for Office in Northeast region

13.1% 2019

15.4% 2020

17.6% 2021

19.1% 2022

20.2% 2023

20.9% 2024

19.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - 54-story office tower built in 1929 offering approximately 625,000 rentable square feet.

Where is this office building located?

The property is located at 122 E 42nd St New York, NY.

What are key features of this property?

This property features: 54‑story office tower built in 1929; Approximately 625,000 rentable square feet