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Rent/Lease Office 120 East 42nd Street

$ / SF	SF	Monthly Rent

Nearby Sublease office Spaces for Rent

Address	$ / SF	SF	Monthly Rent
Fifth Ave & East 44th Street	$ 65	13,500	$ 73,125
E 42nd St & Lexington Avenue	$ 40	55,700	$ 183,345
5th Ave & East 44th Street	$ 70	9,600	$ 55,600
Park Ave & East 45th Street	$ 100	9,700	$ 80,429
Third Ave & East 39th Street	$ 35	49,100	$ 143,208
Lexington Ave & East 43rd Street	$ 54	12,900	$ 58,587

Address	$ / SF	SF	Monthly Rent
5th Ave & East 44th Street	$ 70	7,000	$ 40,541
E 42nd St & Lexington Avenue	$ 49	4,800	$ 19,600
Park Ave & East 39th Street	$ 99	4,200	$ 34,650
Fifth Ave & East 44th Street	$ 50	3,300	$ 13,750

Address	$ / SF	SF	Monthly Rent
Fifth Ave & East 45th Street	$ 50	2,100	$ 8,750

Address	$ / SF	SF	Monthly Rent
Lexington Ave & East 41st Street	$ 25	7,300	$ 15,056
Fifth Ave & East 45th Street	$ 40	10,300	$ 34,333

Address	$ / SF	SF	Monthly Rent
Madison Ave & East 40th Street	$ 59	4,200	$ 20,562
Lexington Ave & East 41st Street	$ 26	5,600	$ 12,250
E 42nd St & Park Avenue	$ 42	5,100	$ 17,850
E 42nd St & Lexington Avenue	$ 51	4,800	$ 20,400
Fifth Ave & East 44th Street	$ 52	3,300	$ 14,162
E 41st St & Fifth Avenue	$ 47	2,700	$ 10,575

Address	$ / SF	SF	Monthly Rent
Fifth Ave & East 45th Street	$ 52	2,100	$ 9,012
Lexington Ave & East 40th Street	$ 41	2,100	$ 7,175

Address	$ / SF	SF	Monthly Rent

Address	$ / SF	SF	Monthly Rent

Address	$ / SF	SF	Monthly Rent

Type of Space	Class A/month	Class B/month	Class C/month
Windowed office/person	$ 2100	$ 2232	$ 775
Interior office/person	$ 1350	$ 1732	$ 525
Team Rooms	$ 10100	$ 8982	$ 5025
Suites	$ 20100	$ 12982	$ 7025

Nearby office Spaces for Rent

Address	$ / SF	SF	Monthly Rent
E 40th St & Fifth Avenue	$ 70	8,100	$ 47,250
Park Ave & East 41st Avenue	$ 175	12,200	$ 177,916
Third Ave & East 46th Street	$ 80	12,100	$ 81,170
Fifth Ave & East 40th Street	$ 85	11,200	$ 79,333

Address	$ / SF	SF	Monthly Rent
E 40th St & Fifth Avenue	$ 70	6,400	$ 37,333
Third Ave & East 46th Street	$ 62	4,100	$ 21,183
Vanderbilt Ave & East 44th Street	$ 49	5,300	$ 21,641
Third Ave & East 39th Street	$ 70	4,700	$ 27,416

Address	$ / SF	SF	Monthly Rent
Lexington Ave & East 41st Street	$ 57	1,500	$ 7,125
E 44th St & East 44th Street	$ 82	2,300	$ 15,716
E 45th St & Lexington Avenue	$ 75	2,400	$ 15,000
Lexington Ave & East 42nd Street	$ 61	1,500	$ 7,625
Third Ave & East 41st Street	$ 55	1,700	$ 7,791
Park Ave & East 41st Street	$ 85	2,300	$ 16,291

Address	$ / SF	SF	Monthly Rent
Madison Ave & East 40th Street	$ 65	14,600	$ 79,083
Vanderbilt Ave & East 44th Street	$ 80	8,100	$ 54,337
E 42nd St & Park Avenue	$ 59	9,700	$ 47,691
Fifth Ave & East 42nd Street	$ 58	7,400	$ 35,766
E 44th St & Third Avenue	$ 58	8,400	$ 40,600
Fifth Ave & East 45th Street	$ 68	7,900	$ 44,766

Address	$ / SF	SF	Monthly Rent
Madison Ave & East 41st Avenue	$ 58	5,700	$ 27,312
Madison Ave & East 40th Street	$ 76	3,600	$ 22,950
Vanderbilt Ave & East 44th Street	$ 52	4,000	$ 17,166
Second Ave & East 43rd Street	$ 56	4,800	$ 22,400
Madison Ave & East 39th Street	$ 52	2,700	$ 11,587
Lexington Ave & East 41st Street	$ 62	3,700	$ 18,962
E 42nd St & Park Avenue	$ 66	6,700	$ 36,850
Fifth Ave & East 42nd Street	$ 60	3,800	$ 19,000
E 44th St & Third Avenue	$ 48	4,500	$ 18,000
Madison Ave & East 40th Street	$ 76	3,900	$ 24,700
Fifth Ave & East 45th Street	$ 84	6,800	$ 47,600
E 45th St & Fifth Avenue	$ 55	3,800	$ 17,416
Madison Ave & East 40th Street	$ 56	6,900	$ 32,200

Address	$ / SF	SF	Monthly Rent
Madison Ave & East 40th Street	$ 67	1,700	$ 9,491
Second Ave & East 43rd Street	$ 59	2,300	$ 11,308
Madison Ave & East 39th Street	$ 52	1,900	$ 8,233
Fifth Ave & East 42nd Street	$ 60	1,600	$ 8,000
Madison Ave & East 41st Avenue	$ 55	2,000	$ 9,166
E 42nd St & Madison Avenue	$ 69	2,100	$ 12,075
E 42nd St & Lexington Avenue	$ 61	2,200	$ 11,183
E 44th St & Fifth Avenue	$ 55	2,200	$ 10,083
Lexington Ave & East 44th Street	$ 55	1,500	$ 6,875

Address	$ / SF	SF	Monthly Rent
Fifth Ave & East 39th Street	$ 52	7,300	$ 31,633
E 39th St & Fifth Avenue	$ 39	7,900	$ 25,675
Fifth Ave & Between East 42nd Street	$ 84	9,200	$ 64,016

Address	$ / SF	SF	Monthly Rent
E 40th St & Lexington Avenue	$ 50	3,000	$ 12,500
Fifth Ave & Between East 42nd Street	$ 85	6,000	$ 42,500

Address	$ / SF	SF	Monthly Rent
E 40th St & Lexington Avenue	$ 50	1,600	$ 6,733

Retail Spaces for Rent at 120 East 42nd Street

Retail Spaces
Sublease

Rent Medical Space at 120 East 42nd Street

Medical Direct Offices
Medical Subleases Offices

Nearby Tenants

Tenant Broker’s Perspective: Return-to-office mandates are driving up rental prices at 120 East 42nd Street. This trend is projected to continue. Opportunities for subleases remain available at 120 East 42nd Street and in the nearby Grand Central neighborhood.

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Property Summary

120 East 42nd Street Property Overview

Building Address:	120 East 42nd Street, New York NY 10017
Building Alternate Address:	120 E 42nd St
Zip Code:	10017
Neighborhood:	Grand Central
Borough:	Manhattan
Stories:	5
Year Built:	1921
Building Class:	B

Located at 120 East 42nd Street in Manhattan, New York City, the building is part of the Bowery Savings Bank complex originally constructed during 1921-1923, with an addition completed between 1931-1933. Designed by the architectural firm York & Sawyer with W. Louis Ayres as the design partner, this building exemplifies Italian Romanesque architecture, distinguished by its use of historic Italian forms and polychrome materials.

The facade reflects a tripartite arrangement of base, shaft, and top. The base, comprising the first five floors, is notably dramatic with a deeply cut, arched entrance reminiscent of a tenth-century Emilian church or basilica facade. This grand entrance features archivolts carved with foliated, spiral, and chevron patterns, allegorical representations on the voussoirs, and bronze mullions enriched with ornamental cast surfaces. The upper office tower floors begin at the fifth floor and culminate with double arcading, corbelled cornices, tiled copings at the mandated setback above the seventeenth story, and a tiled penthouse roof.

Architectural elements such as pink granite colonnettes, verde marble spandrels, and red pantile roofing create a polychrome effect characteristic of the style. The building’s carvings and decorative details are abundant and were intended to dramatize the act of banking itself, transforming the savings bank into a symbol of security and thrift. Inscriptions around the arches reinforce these themes, with phrases like "Devoted To The Service Of Our Citizens That The Fruit of Their Labor May Be Secure" and "Dedicated To The Encouragement Of Thrift - The Moulding Of Character & The Upbuilding Of Americanism."

The 1931-33 addition to the east side of the building houses administrative and public relations departments and gives the building an asymmetrical aspect. The East 42nd Street facade’s historic Italian Romanesque style continues on this addition, maintaining architectural harmony throughout the expanded structure.

Interior features include the first floor banking room with monumental arches, intricate bronze door surrounds, and large windows set within the arches, preserving original bronze mullions and cast ornamentation. The design of the interior spaces reflects the building's ceremonial purpose, dramatizing saving as a ritual through carefully crafted architectural details and artwork.

120 East 42nd Street, Manhattan, NYC is known for housing several notable establishments:

42nd Street Dental Associates: A full-service dental clinic located on the 5th floor.
Olivio: An eatery offering a variety of pastries, sandwiches, and specialty coffee drinks.
Bowery Savings Bank Building: Originally built in 1932, this building has 4 stories and 6 residential units.

This location is directly accessible via the 4-5-6-S subway lines and is situated near Grand Central Terminal, One Vanderbilt, and Hyatt Grand Central.

120 East 42nd Street, Manhattan, NYC offers several amenities, including:

Prime Location: Situated between Park Avenue and Lexington Avenue.
Accessibility: Directly accessible via the 4-5-6-S subway lines.
Excellent Connectivity: Steps from One Vanderbilt and Hyatt Grand Central.
Amenities Nearby: Surrounded by numerous office spaces.

Office Tenants Rented / Leased at 120 East 42nd Street, Manhattan, NYC

120 East 42nd Street, located in the Grand Central neighborhood of Manhattan, is a 5-story Class B office building constructed in 1921 with approximately 34,261 square feet of office space.

Notable Office Tenants

42nd Street Dental
Forty Second St Dental Associates: Spatzner Matthew R

Building Features

Prime location in the heart of Manhattan's Grand Central area
Excellent access to mass transportation including multiple subway lines
Typical floor size approximately 3,717 square feet with 11-foot unfinished ceiling height

Internet Providers at 120 East 42nd Street

Verizon Fios

Type: Fiber-optic
Speeds: 300 Mbps - 2 Gbps
Pricing: From $49.99/month

Astound Broadband (RCN)

Type: Fiber/Cable
Speeds: Up to 1.5 Gbps
Pricing: From $35/month

Spectrum

Type: Cable
Speeds: Up to 1 Gbps
Pricing: From $50/month

Optimum

Type: Fiber
Speeds: Up to 8 Gbps
Pricing: Premium plans available

Availability subject to building infrastructure. Contact providers directly for service confirmation.

120 East 42nd Street, Manhattan, NYC is strategically located with excellent transportation options. It is directly accessible via the 4-5-6-S subway lines, offering a significant advantage with 45.7 million average annual ridership. The property is situated between Park Avenue and Lexington Avenue, providing easy access to surrounding amenities and business districts.

Clemente Capital Testimonial

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