5 EAST 42 STREET
BBL 1012770008 · Class O4 · Built 1968 · 27 floors · 28 units · 6 EAST 43RD STREET CORP.
5 EAST 42 STREET is a property in New York City zoned C5-3. The C5-3 classification is Commercial C5-3. The structure was built in 1968. It has 27 floors. The building contains 304,525 square feet. Built FAR is 16.94 of 10 maximum allowed. Assessed value is $48,498,300. Last sold for $135,000,000 in October 2025. Located in Council District 4.
You can build 216K sf as-of-right. The lot uses 141% of it today.
Governing use: commercial at FAR 12.00 on a 17,975 sqft lot. As-of-right means no rezoning, no variance — figures from PLUTO; verify with a zoning attorney before you underwrite.
The envelope, itemized
Every time the city discussed this parcel
No development cases on file for this parcel
When a ULURP, BSA, or landmark application touches this lot, it appears here with its full hearing trail.
Ownership chain
4 recorded transfers| Date | Type | Price | From → To |
|---|---|---|---|
| Oct 3, 2025 | DEED | $135,000,000 | 6 EAST 43RD STREET CORP.→EAST 43RD NYC LLC |
| Nov 1, 1994 | DEED | — | PRUDENTIAL INSURANCECOMPANY OF AMERICA→6 EAST 43RD STREET CORP. |
| Nov 1, 1994 | DEED | — | PRUDENTIAL INSURANCECOMPANY OF AMERICA→6 EAST 43RD STREET CORP. |
| Jun 16, 1981 | DEED | — | EMIGRANT SAVINGS BANK→PRUDENTIAL INSRNC AMERCA |