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Art Deco Office Tower
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220 East 42nd Street, New York, NY 10017

37-story Art-Deco office building with a distinctive rotating globe feature in the lobby and close proximity to Grand Central Terminal.

Space SizeContact for details
Property Size1,153,820 SF
Days on Market48

Property Features for 220 East 42nd Street

General Information

Standard status Active
Size 1,153,820 SF
Class Class A
Property subtype Office

Building Details

Building Size 1,153,820 SF
Year Built 2026
Stories 37
Construction Art Deco
Listing Agency: Cushman & Wakefield | Midtown Manhattan
Listed By: Tara Stacom
Source: Cushmanwakefield
Added: Jul 24 Changed: Sep 8 Last Checked: Sep 7 at 7:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Midtown Manhattan

Investment Insights

Based on property information with market context.

220 East 42nd Street is a 37-story Art-Deco office skyscraper designed by Raymond Hood and John Mead Howells and finished in 1930. The building is also recognized as a National Historic Landmark (designated in 1989). The lobby features a dramatic black glass-domed ceiling with a world-sized indoor globe set in the center, described as rotating and partially set into the floor.

The property is identified as the former headquarters for The New York Daily News and is located just a block and a half from Grand Central Terminal, with access to nearby subway and Metro-North commutes referenced in the remarks.

Prebuilt space is noted for this offering. The remarks also describe tower-floor views of the East River and downtown Manhattan’s skyline.

Key Highlights

  • 220 East 42nd Street is a 37‑story Art‑Deco skyscraper originally built as headquarters for The New York Daily News.
  • Finished in 1930; designed by architects Raymond Hood and John Mead Howells (also credited with the Tribune Tower in Chicago).
  • Designated as both a New York City landmark and a National Historic Landmark in 1989.

Property Analytics

Current Use

Out Of The Clear Blue ... Film Production EDSBYN SENAB INC. General Contractor Nastasi Law Group, ... Law Firm Jerry Kindman Law ... Law Firm ALSAC/St. Jude Children's ... Hospital

Suggested Use

Top Pick Pet Grooming Service (Bike/Boat/Book/etc) Store Buffet Butcher 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

73,512
Businesses Nearby

Demographics for 10017, NY

17,401
Population
12,866
Households
1.4
Avg Household Size
38
Median Age
85%
College-Educated
97%
High-School Grad
0.3 sq mi
ZIP Area
58,003
Density / Sq Mi
$132,518
Median Household Income
$94,214
Median Earnings
$2,980
Median Rent
$808,200
Median Home Value

Market

Lease Benchmarks for New York, NY

$54.08 /SF/Yr
Avg Asking Price
$37–$79 /SF/Yr
Price Range
36,348 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
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Frequently Asked Questions

What type of property is this?
Office building - 37-story Art-Deco office building with a distinctive rotating globe feature in the lobby and close proximity to Grand Central Terminal.
Where is this office building located?
The property is located at 220 East 42nd Street New York, NY.
What are key features of this property?
This property features: 220 East 42nd Street is a 37‑story Art‑Deco skyscraper originally built as headquarters for The New York Daily News.; Finished in 1930; designed by architects Raymond Hood and John Mead Howells (also credited with the Tribune Tower in Chicago).; Designated as both a New York City landmark and a National Historic Landmark in 1989.
More about this property
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