Manhattan

212 East 42nd Street, Manhattan

NYC Municipal Record· BBL 1-01315-0044· New York County

technical data · neighborhood and transit

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212 East 42nd Street, ManhattanOpen map

Quick answers

Who owns 212 East 42nd Street?
DK WGC FEE OWNER LLC is the owner of record, per NYC Department of Finance (BBL 1013150044).
How much did 212 East 42nd Street last sell for?
$277,700,000 on 2019-01-09, per the deed recorded in NYC ACRIS.
What is the assessed value of 212 East 42nd Street?
$85,405,500, set by the NYC Department of Finance.
What is the 2026 conforming loan limit in New York County?
$1,209,750 for a single-unit home, per FHFA. Larger loans are jumbo loans.
Is radon a problem here?
EPA radon zone 2, moderate potential.
What natural disasters is 212 East 42nd Street at risk for?
FEMA's National Risk Index rates the area relatively moderate overall, with elevated heat wave and winter weather risk.

Property records

Owner of record

Dk Wgc Fee Owner Llc

Tax assessment

$85,405,500 · class H1

  1. DeedJan 9, 2019$277,700,000

    Grantor (seller): Hhr 42 Associates, L.P. · Grantee (buyer): Dk Wgc Fee Owner Llc

    Recorded document scan
  2. DeedMar 23, 2011$297,682,500

    Grantor (seller): Frankel, As Trustee, Sandor, Codey, As Trustee, John, Panzirer, As Trustee, David · Grantee (buyer): Hhr 42 Associates, L.P.

    Recorded document scan
  3. DeedSep 10, 2010$10

    Grantor (seller): Park Lane Hotel, Inc., Harley Of New York Associates, Helmsley Enterprises, Inc. · Grantee (buyer): The Leona M. And Harry B. Helmsley Charitable Trus, Frankel, As Trustee, Sandor, Codey, As Trustee, John

    Recorded document scan

Sourced directly from official city and county records. BBL 1013150044

NYC records

Hotel

Tenant and buyer signals

Hurricane zone

Outside evacuation zones

NYC Emergency Management does not place this spot in zones 1 to 6.

Alcohol licenses

2 licenses within 200 ft

Osteria Laguna LLC (restaurant) · Ll Wgc LLC & Merritt Hospitality LLC (hotel)

Sources: NYC PLUTO, NYC Emergency Management, NY State Liquor Authority, OpenStreetMap. Rent status is an estimate from the building profile.

Tax lot 1013150044

Built
1980
Floors
40
Units
5
Zoning
C5-3
Floor area
517,158 sq ft
Lot
29,625 sq ft
Tax assessment
$85.4M

Housing violations (HPD)

No open violations on this lot.

Heat and hot water, 2 years

No heat or hot water complaints filed.

Bedbug filing, 2025

4 of 774 units reported infested

Building permits, 3 years

5

  • General Construction · Jun 2026
  • Mechanical Systems · Jan 2026
  • Sidewalk Shed · Aug 2024

311 calls within 260 ft, 12 months

329

  • Homeless Person Assistance · 64
  • Illegal Parking · 45
  • Vendor Enforcement · 44

Safety and environment

FEMA natural hazard risk

Relatively Moderate

Highest for this area: heat wave, winter weather. These drive insurance cost here.

FEMA National Risk Index, census tract

Superfund site

2.6 mi

Meeker Avenue Plume (NPL Site). Check groundwater and vapor reports on the EPA site page.

EPA National Priorities List

Leaking fuel tanks

9 within 1,650 ft

Nearest: Budget Rent-A- Car, 225 East 43rd Street (450 ft), no further action. Every release here is closed by the state regulator.

EPA UST Finder, leaking underground storage tank releases

Radon potential

Moderate

Average indoor levels of 2 to 4 pCi/L. EPA still suggests testing ground-floor and basement units.

EPA and USGS Geologic Radon Potential Map

Nearest public schools

2,150 ft

RIVER SCHOOL (THE) (2,150 ft), PS 116 MARY LINDLEY MURRAY (2,300 ft), MANHATTAN ACADEMY FOR ARTS AND LANGUAGES (2,400 ft). Confirm the assigned school with the district.

U.S. Department of Education, NCES

Major airport

5.6 mi

LaGuardia (LGA). Aircraft may be audible under approach paths.

FAA large-hub airports

Conforming loan limit 2026

$1,209,750

New York County. Mortgages up to this amount qualify for Fannie Mae and Freddie Mac pricing. Above it, the loan is a jumbo with stricter terms.

FHFA Conforming Loan Limit Values, one-unit

Property tax after you buy

$500,000

$7,000 a year

About $583 a month at New York's 1.40% median effective rate.

In New York City, small homes are capped at 6% a year (20% over five years), and the cap stays with the property through a sale.

Rough estimate. U.S. Census ACS median effective rates. Your county assessor sets the final bill.

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Who lives and works in Manhattan

Finance, media and law, with the country's densest job market

Manhattan is built around work. Most households rent, most trips happen on foot or on the subway, and the day starts early in Midtown and downtown. Apartments are small by national standards and the premium goes to the commute, not the square footage.

$99,880
median household income
20.5%
residents aged 25 to 34
24%
households that own their home

What pays the bills

  • Finance and insurance
  • Media and publishing
  • Law and consulting
  • Healthcare
  • Tech offices

Who anchors the economy

JPMorgan Chase · Goldman Sachs · NYU · Mount Sinai · Google NYC

The market is shaped around

  • Young professionals
  • Dual-income couples
  • People who want to live without a car
Read the Manhattan city report →

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Viewing recommendations

What's worth checking in person before deciding.

  • Test water pressure and temperature at the tap, in the bathroom and kitchen, for at least a minute.
  • Ask for the latest maintenance bill from a winter month, not a summer one: that's where the real cost of living there shows up.
  • Ask specifically where you'd park: is there paid city parking, who currently holds it, what the permit costs, and how long the waitlist is.
  • Schedule a viewing on a weekday too, between 6:00 and 7:30 PM, the window when the building is busiest: neighbors, parking, elevator.
  • Look at the stairwell (cleanliness, smell) and the association's notice board: unpaid dues, conflicts, recent decisions.
  • Knock on a neighboring door and ask two things: what bothers them most often, and what work is planned for the building.

Neighborhood recommendations are derived from public OpenStreetMap data and may be incomplete. Checking in person is still what matters most.

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