122 East 42nd Street
Class: A + 10168 Buildings Grand Central
Sublease Office Spaces for Rent
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 1,800 | Negotiable |
| $ 51 | 2,500 | $ 10,677 |
| $ / SF | SF | Monthly Rent |
|---|
| $ / SF | SF | Monthly Rent |
|---|---|---|
| Negotiable | 5,000 | Negotiable |
Nearby Coworking Office Spaces for Rent
| Type of Space | Class A | Class B | Class C |
|---|---|---|---|
| Windowed office/person | $ 2,500/mo | $ 1,500/mo | $ 1,000/mo |
| Interior office/person | $ 1,500/mo | $ 1,000/mo | $ 700/mo |
Nearby Office Spaces for Rent
122 East 42nd Street Retail Spaces for Rent
Retail Spaces for Rent
| $ / SF | SF | >Monthly Rent |
|---|---|---|
| Negotiable | 4,700 | Negotiable |
| $ 63 | 4,700 | $ 24,675 |
| $ / SF | SF | >Monthly Rent |
|---|
| $ / SF | SF | >Monthly Rent |
|---|
Sublease Retail Spaces for Rent
| $ / SF | SF | Monthly Rent |
|---|
| $ / SF | SF | Monthly Rent |
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Clemente Capital Testimonial
122 East 42nd Street
122 East 42nd Street, located in the Grand Central neighborhood of Manhattan, is a large office building that has been in existence since 1929. It offers 862,081 square feet of Class A office space that can be rented. Throughout the years, it has been home to various tenants including NYC Office Suites, International Rescue Com..., and Cauldwell Wingate.
Prospective tenants interested in office space at 122 East 42nd Street have the option to choose from small, medium, and large spaces. Additionally, there are nearby sublease options available. While coworking options are currently not offered, Optimal Spaces can help negotiate the best deals for those interested in such arrangements, all without any fees.
The area benefits from excellent public transportation options, with easy access to subway lines such as the 4, 42 St Shuttle, 5, 6, and 7, all within a short walk.
Notably, the average rent for offices at 122 East 42nd Street has remained relatively stable at around $63 per square foot in 2021 and 2022. This suggests that prices at this location may not necessarily follow typical market trends. For more detailed information on renting or leasing office space at 122 East 42nd Street, please refer to the provided link.
Prospective tenants interested in office space at 122 East 42nd Street have the option to choose from small, medium, and large spaces. Additionally, there are nearby sublease options available. While coworking options are currently not offered, Optimal Spaces can help negotiate the best deals for those interested in such arrangements, all without any fees.
The area benefits from excellent public transportation options, with easy access to subway lines such as the 4, 42 St Shuttle, 5, 6, and 7, all within a short walk.
Notably, the average rent for offices at 122 East 42nd Street has remained relatively stable at around $63 per square foot in 2021 and 2022. This suggests that prices at this location may not necessarily follow typical market trends. For more detailed information on renting or leasing office space at 122 East 42nd Street, please refer to the provided link.
122 East 42nd Street Property Overview
| Bulding Address: | 122 E 42nd St |
| Bulding Name: | Chanin Building |
| Building Alternate address(es): | 122 E 42nd St |
| Zip Code: | 10168 |
| Neighborhood: | Grand Central |
| Borough: | Manhattan |
| Stories: | 56 |
| Year Built: | 1929 |
| Building Class: | A |
| Block & lot: | 01296-0014 |
Public Transportation
Time and Distance from 122 East 42nd Street New York, NY 10168| Transit / Subway | Distance | Walk |
|---|---|---|
| Grand Central-42 Street Transit Stop (4, 42 St Shuttle, 5, 6, 7) | 0.1 mi | 2 min |
| 5 Avenue-Bryant Park Transit Stop (7) | 0.3 mi | 7 min |
| 51 Street Transit Stop (4, 6) | 0.5 mi | 10 min |
| 33 Street (4,6 Line) Transit Stop | 0.5 mi | 10 min |
| 42 Street-Bryant Park Transit Stop (B, D, F, M) | 0.5 mi | 11 min |
Map Location
Nearby Office Tenants Leased
Nearby Retail Tenants Leased
- Simpson Thacher & Bartlett leased 162,341 SF at 425 Lexington Ave
- Overseas Shipholding Group Inc. leased 60,000 SF at 666 Third Ave
- Duval & Stachenfeld leased 33,000 SF at 101 Park Ave
- The Alzheimer's Association leased 30,420 SF at 360 Lexington Ave
- Alvarez & Marsal Holdings leased 29,960 SF at 125 Park Ave
- Gerling America Insurance Co. leased 14,853 SF at 100 Park Ave
- Hypo RE Capital leased 9,500 SF at 622 Third Ave
- Panama Maritime Authority leased 5,588 SF at 369 Lexington Ave
- Touchstorm LLC leased 5,500 SF at 355 Lexington Ave
- Jerome Haims Realty Inc. leased 5,300 SF at 630 Third Ave
- Lewis Baach PLLC Kaufmann Middlemiss leased 3,867 SF at 405 Lexington Ave
- The Phoenix Group Associates leased 2,556 SF at 370 Lexington Ave
- Dr. Enrico Fazzini leased 1,860 SF at 353 Lexington Ave
- David Kownacki PC leased 1,675 SF at 420 Lexington Ave
Nearby Retail Tenants Leased
- Zengo leased 17,000 SF at 622 Third Ave
- Duane Reade leased 2,000 SF at 630 Third Ave
- The Body Shop leased 1,800 SF at 420 Lexington Ave
- Hale and Hearty leased 1,800 SF at 369 Lexington Ave
- Nooi leased 1,700 SF at 370 Lexington Ave
- Ariston Florist leased 1,200 SF at 425 Lexington Ave
- Choza Taqueria leased 1,000 SF at 100 Park Ave
Office Rent 122 East 42nd Street Average
| Year | $ / SF |
|---|---|
| 2018 | 61.0 |
| 2019 | 61.04 |
| 2020 | 82.88 |
| 2021 | 63.05 |
| 2022 | 61.7 |
| Year | $ / SF |
|---|---|
| 2018 | 123.93 |
| 2019 | 58.0 |
| 2021 | 37.07 |
| 2022 | 48.0 |
| 2023 | 50.0 |
