Market Data for 122 E 42nd Street
When considering lease office 122 East 42nd Street, also known as the Chanin Building, the 56 stories that rise above Grand Central were finished in 1929 in the Art Deco style. Designed by Irwin S. Chanin, the building contains 862,081 square feet of Class A office space. 122 East 42nd Street office rent has risen negligibly from the 2018 average price of $61, to the 2019 average price of $61.04. The Chanin Building remains on one of New York City’s best connected blocks, with Grand Central a mere 2 minute walk away from the entrance found in the Chanin Building lobby.
Building History
Designed by Irwin S. Chanin the Chanin building incorporates belgium black marble along its storefront and introquete Art Deco detailing as you move up the building facade. The rest of the tower is constructed from stone with a number of setbacks following New York City zoning regulations. The Chanin Building Office Rent has been synonymous with New York City’s multiple Art Deco developments which incorporated some of the most quality construction techniques no longer employed today.
Office Tenants Rented / Leased 122 East 42nd Street- Quantbot Technologies leased 6,134 SF
- Jessie Smith Noyes Foundation, Inc. leased 1,839 SF
- Elihu S. Massel leased 1,920 SF
- Bel Americas Inc. leased 1,355 SF
- Reelz Channel leased 3,619 SF
- German National Tourist Office leased 5,000 SF
Retail Tenants at 122 East 42nd Street- North Shore Poke leased 1,350 SF
- Juice Generation leased 1,000 SF
- Pret a Manger leased 1,710 SF
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 |
|
