7 East 42nd Street, Manhattan
Commercial · built 1968 · Block 1277, Lot 8.
Building permits
- Alteration, filed Oct 27, 2026, estimated cost $2K, described as “Temporary scaffold stair tower as per drawings. Scaffold stair tower shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Oct 20, 2026, estimated cost $20K, described as “Structural work as shown on the plans.”
- Alteration, filed Oct 6, 2026, estimated cost $20K, described as “Replace existing storefront as shown.”
- Alteration, filed Oct 5, 2026, estimated cost $20K, described as “MPP Project-000000480. Filing for demolition means and methods (DMO) in reference to the work shown on related applications that were filed.”
- Alteration, filed Sep 28, 2026, estimated cost $4K, described as “Proposed installation of pipe scaffold for existing building as per plans. No change in use occupancy or egress under this application.”
- Alteration, filed Aug 6, 2026, estimated cost $20K, described as “MPP Project-000000480. Filing for demolition means and methods (DMO) in reference to the work shown on related applications that were filed.”
- Alteration, filed Aug 5, 2026, estimated cost $20K, described as “Filing for demolition means and methods (DMO) on the 1st floor.”
- No Work, filed Jul 28, 2026, described as “Social Special Events”
- Alteration, filed Jun 30, 2026, estimated cost $5K, described as “Use of mini crane for hoist common platform assembly.”
- No Work, filed May 20, 2026, described as “Social Special Events”
- No Work, filed May 13, 2026, described as “Social Special Events”
- Alteration, filed Mar 26, 2026, estimated cost $4.6M, described as “General construction as shown on the plans.”
- Alteration, filed Mar 4, 2026, estimated cost $20K, described as “Equipment use: dual 7000 # capacity personnel hoist during bldg alteration, filed sep. Hoists shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Elevator application submitted separately”
- Alteration, filed Feb 6, 2026, estimated cost $20K, described as “Equipment use: dual 7000 # capacity personnel hoist during bldg alteration, filed sep. Hoists shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application. Elevator application submitted separately”
- No Work, filed Feb 6, 2026, described as “Social Special Events”
- Alteration, filed Jan 7, 2026, estimated cost $10K, described as “Installation of a convenience stair as shown on the plans.”
- No Work, filed Dec 2, 2025, described as “Social Special Events”
- Alteration, filed Nov 21, 2025, estimated cost $200K, described as “Window replacement and partial facade and masonry removal work for new window openings as shown.”
- Alteration, filed Nov 18, 2025, estimated cost $200K, described as “Facade work for hoist openings as shown on the plans.”
- Alteration, filed Nov 13, 2025, estimated cost $10K, described as “General construction as shown on the plans for the 25th floor.”
- Alteration, filed Oct 30, 2025, estimated cost $1K, described as “Installation of temporary barriers&chain link fence as per plan. No change in use, egress, or occupancy. The barriers and chain link fence to be installed on the roadway and shall be permitted at d.o.t. Permit.”
- Alteration, filed Oct 16, 2025, estimated cost $10K, described as “POPS area demolition and eventual restoration to its original state.”
- Major Renovation — Conversion, filed Oct 6, 2025, estimated cost $62.8M, 440 units added, 36 stories, described as “Application is being filed for the enlargement and conversion of the existing office building to residential use.”
- Alteration, filed Oct 2, 2025, estimated cost $1.0M, described as “Interior non-structural demolition as shown on the plans.”
- No Work, filed Sep 3, 2025, described as “Social Special Events”
31 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $48,975,300
- 2026–27 tax
- $5,165,987
- Market value (city estimate)
- $108,834,000
- Taxable value
- $47,621,559
- Assessed land
- $8,010,000
- Assessed improvements
- $40,965,300
Zoning
C5-2.5 (part of the lot is C5-3): floor area ratio 16.94 built, above the 12.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Sep 29, 2025: $135,000,000
- May 24, 2022: $275,000
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- Greater East Midtown - Special Subdistrict (City Planning P2016M0316): Completed, decided Aug 15, 2017. This is an application by NYC Department of City Planning requesting a text amendment to establish the East Midtown Subdistrict and extend the Special Midtown District, and to rezone a half-block area from C5-2 to C5-3 to reinforce the…
In the news
6 East 43rd Street Begins Residential Conversion, Expansion in Midtown, Manhattan, New York YIMBY, Nov 30, 2025.