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Rent/Lease Apartment 345 W 42nd St

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 345 W 42nd St. This trend is projected to continue. Opportunities for subleases remain available at 345 W 42nd St and in the nearby Times Square neighborhood.

345 W 42nd St Property Overview

Building Address: 345 W 42nd St, New York NY 10036
Building Name: Ivy Tower
Zip Code:10036
Neighborhood:Times Square
Borough:Manhattan
Stories:0
Year Built:2001
Building Class:B

Ivy Tower - 345 West 42nd Street, Manhattan, NYC

The Ivy Tower is located in the Clinton-Hell's Kitchen neighborhood of Manhattan, NYC. The building is classified as an Elevator Apartment, specifically a luxury type (D8) construction.

Building Details:

  • Year Built: 2003
  • Number of Stories: 41
  • Lot Size: 10,459 square feet
  • Building Size: 230,000 square feet

Neighborhood Context: The surrounding area has undergone significant development over the years. Notably, nearby buildings like 330 West 42nd Street reflect the historical transformation of the neighborhood, having been originally built in the early 1930s and later becoming a landmark.

Property Taxes: The estimated property tax for Ivy Tower is approximately $3,921,851 annually.

Ivy Tower

Primary Address: 345 West 42nd Street, New York, NY 10036

Secondary Address: 343-349 W 42nd St, New York, NY 10036

Neighborhood: Clinton - Hell's Kitchen / Times Square

Borough: Manhattan

Zip Code: 10036

Block & Lot: 01033-0009

Building Class: Elevator Apartment - Luxury Type (D8)

Building Size: Approximately 230,000 sq ft (residential) / 549,654 sq ft (total multifamily)

Lot Size: 10,459 sq ft

Stories: 41 (or 46 according to some sources)

Year Built: 2001-2003


Ivy Tower at 345 W 42nd St, Manhattan, NYC offers the following amenities:

  • Full-time Doorman Services
  • Fitness Center
  • Party Room
  • Smart-card Laundry Facilities
  • Concierge Services
  • Full-service Garage
  • Additional Storage
  • Video Intercoms
  • Roof Deck
  • Bike Room
  • Garden
  • Landscaped Outdoor Space
  • Valet Services
  • Pet Friendly

It is located in the Clinton/Hell's Kitchen neighborhood, with easy access to several subway lines.


345 W 42nd St, located in Manhattan's Times Square area, is a multifamily property known as the Ivy Tower. It features a 41-story luxury building constructed in 2003. The property includes amenities such as 24-hour access, a business center, fitness center, laundry facilities, security system, tenant-controlled HVAC, doorman service, and a vintage building style.

The building primarily serves as a residential property rather than office space, but its vicinity to major office hubs in the Times Square area makes it a convenient location for those working in the surrounding office buildings.

Currently, there is limited information available regarding specific office tenants at this address, as the focus is more on residential use.


Internet providers available at 345 W 42nd St, Manhattan, NYC, include:

  • Spectrum: Offers speeds up to 1 Gbps with plans starting at $30/month.
  • Verizon Fios: Known for high speeds reaching up to 2 Gbps, with plans starting at $49.99/month.
  • Astound Broadband Powered by RCN: Provides both cable and fiber services with unlimited data and competitive pricing.

Address: 345 W 42nd St, Manhattan, NY 10036

Nearby cross streets: 9th Avenue & 8th Avenue

Public transportation options:

  • Subway: A/C/E to 42nd St-Port Authority; B/D/F/M to 42nd St-Bryant Park
  • Bus: M42, M104, M7, M20, BXM4, Q32

Additional transit links: Times Square-42nd St station (1/2/3/7/N/Q/R/S/W)


Retail Tenants Rented / Leased 345 W 42nd St
  • 42nd Street House and Home Corp. leased 4,000 SF
  • House & Home leased 4,000 SF
  • Mid-City Gym and Tanning leased 8,000 SF
Nearby Office Tenants Leased
  • NASDAQ leased 145,000 SF at 4 Times Square
  • DKNY leased 143,800 SF at 240 West 40th St
  • Ralph Lauren leased 138,795 SF at 550 Seventh Ave
  • WeWork leased 136,118 SF at 315 West 36th St
  • Li & Fung USA leased 133,000 SF at 1359 Broadway
  • Milberg Weiss Bershad & Schulman LLP leased 131,619 SF at 1 Penn Plaza
  • Merrill Lynch Wealth Management leased 125,000 SF at 75 Rockefeller Plaza
  • Indeed leased 125,000 SF at 1120 Avenue of the Americas
  • Scripps Networks LLC leased 120,721 SF at 1180 Sixth Ave
  • Advance Publications leased 120,000 SF at 1166 Sixth Ave

Nearby Retail Tenants Leased
  • Aureole leased 8,800 SF at One Bryant Park
  • Muses 35 Bar leased 8,000 SF at 248 West 35th Street
  • 48 Rockefeller Corp. leased 8,000 SF at 48 West 48th St
  • Dress Barn leased 7,958 SF at 1180 Sixth Ave
  • Gogi 37 leased 7,600 SF at 252 West 37th Street
  • 36 H&Y; Duet leased 7,565 SF at 65 West 36th Street
  • Hudson Station leased 7,111 SF at 440 Ninth Ave
  • Beads World leased 7,000 SF at 57 West 38th St
  • The National Hockey League leased 6,712 SF at 1185 Sixth Ave
  • Wells Fargo leased 6,710 SF at 1407 Broadway
Retail Tenants Rented / Leased 345 W 42nd St
  • 42nd Street House and Home Corp. leased 4,000 SF
  • House & Home leased 4,000 SF
  • Mid-City Gym and Tanning leased 8,000 SF
Nearby Office Tenants Leased
  • NASDAQ leased 145,000 SF at 4 Times Square
  • DKNY leased 143,800 SF at 240 West 40th St
  • Ralph Lauren leased 138,795 SF at 550 Seventh Ave
  • WeWork leased 136,118 SF at 315 West 36th St
  • Li & Fung USA leased 133,000 SF at 1359 Broadway
  • Milberg Weiss Bershad & Schulman LLP leased 131,619 SF at 1 Penn Plaza
  • Merrill Lynch Wealth Management leased 125,000 SF at 75 Rockefeller Plaza
  • Indeed leased 125,000 SF at 1120 Avenue of the Americas
  • Scripps Networks LLC leased 120,721 SF at 1180 Sixth Ave
  • Advance Publications leased 120,000 SF at 1166 Sixth Ave
Nearby Retail Tenants Leased
  • Aureole leased 8,800 SF at One Bryant Park
  • Muses 35 Bar leased 8,000 SF at 248 West 35th Street
  • 48 Rockefeller Corp. leased 8,000 SF at 48 West 48th St
  • Dress Barn leased 7,958 SF at 1180 Sixth Ave
  • Gogi 37 leased 7,600 SF at 252 West 37th Street
  • 36 H&Y; Duet leased 7,565 SF at 65 West 36th Street
  • Hudson Station leased 7,111 SF at 440 Ninth Ave
  • Beads World leased 7,000 SF at 57 West 38th St
  • The National Hockey League leased 6,712 SF at 1185 Sixth Ave
  • Wells Fargo leased 6,710 SF at 1407 Broadway

Isolar Enterprises, Inc. Testimonial

To Whom It May Concern: We were very fortunate to have Stephen Sunderland as our agent when we began to look for a new office space. Steve totally understood what we were looking for and found us our new home really quickly! He did not waste our time showing us endless properties that didn't meet with our criteria. We are extremely happy here in our new office and we all found Steve to be a pleasure to deal with. I would highly recommend him to anyone who is looking for a new space in New York City. Sincerely, Eileen d' Arcy
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