242 West 45th Street, Manhattan

Commercial · built c. 1927 · Block 1016, Lot 55.

Building permits

Property taxes

Assessment
$2,440,350
2026–27 tax
$251,793
Market value (city estimate)
$5,423,000
Taxable value
$2,321,100
Assessed land
$1,395,000
Assessed improvements
$1,045,350

Zoning

C6-5: floor area ratio 2.91 built, 10.00 allowed by base zoning.

Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

Landmarks

Part of Royale Theater: Individual Landmark, Royale Theater (Interior Landmark). 22 Landmarks Preservation Commission permits are on file.

Board and land use applications

More construction in Midtown West

Every lot on block 1016

Umarelli: construction in New York City and Jersey City