792 E 42nd St

121,200 SF of Office space available at 792 E 42nd St, New York, NY 10036. For Sale through Northgate Commercial.

For SaleStatus
121,200 SFAvailable
$96.80/SFAsking rent
$572.85MAsking price
7.83%Cap rate
1984Year built
AClass

Property facts

Property typeOffice
Building classA
Rentable area617,100 SF
Available121,200 SF
Stories22
Year built1984
Typical floor28,050 SF
Lot size2.24 acres
Parking ratio2.9/1,000 SF
Occupancy80.4%
ZoningCS
Parcel ID93-227-3721
SubmarketTimes Square
MarketNew York City
Days on market805
Walk Score38
TransitBus 1 block
Listing packageGold

Building amenities

Signage, 24 Hour Access, Energy Star, Food Service

Spaces available

FloorUseTypeSize (SF)Asking rentTermStatus
P 11thCoworkingDirect6,880 – 28,330$89.27/SFNegotiableNov 2025
P 15thCoworkingDirect26,170On requestNegotiableJan 2027
P 16thCoworkingDirect8,590 – 24,360$95.59/SFNegotiableVacant
P 6thOfficeDirect20,580$105.33/SFNegotiableSep 2026
P 20thMedicalDirect1,840 – 7,970On requestNegotiableOct 2026
P 2ndRetailSublet3,310On requestThru Sep 2032Vacant
P 8thOfficeDirect410 – 2,960$105.29/SFNegotiableVacant
P 11thOfficeDirect990$104.89/SFNegotiableVacant
P 6thOff/RetDirect2,760$100.28/SFNegotiableSep 2026
P 14thOfficeDirect810 – 1,430$87.30/SFThru Mar 2030Oct 2026
P 6thRetailDirect990On requestNegotiableVacant
P 22ndMedicalDirect500$107.00/SFThru Sep 203230 Days
P 16thRetailSublet500On requestThru Mar 2030Vacant
P 6thCoworkingDirect240 – 500$105.76/SFNegotiableVacant
P 10thOfficeDirect110 – 500On requestNegotiableOct 2026
P 2ndOff/RetDirect500$98.32/SFNegotiableJan 2027

Major tenants

TenantIndustryFloorSFLease expiry
Redline RoboticsTechnology11125,9602021-04-01
Yarrow HealthEnergy1130,2502035-01-01
Lone Star SemiconductorLegal414,2102025-04-01
Pecos Drilling ServicesEngineering20109,2002027-09-01
Delta Health PartnersReal Estate3108,7302020-08-01

Sale history

DatePrice$/SFCap rateBuyerSeller
2023-02-07$170.68M$276.596.31%Passaic Valley HoldingsYellowstone Property Fund

Public record

Owner of recordEverline Real Estate LLC
Assessed value$141.46M
Land value$46.92M
Improvement value$94.54M
Annual tax$1.55M
Tax year2026
Lot size97,574 SF
Last deed2026-01-20
Deed typeBargain and Sale Deed
Legal descriptionLOT 18 BLK 46 TIMES SQUARE ADDN

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Location

792 E 42nd St
New York, NY 10036
Times Square submarket · New York City market

40.76273, -73.98700

Open in RealStar

Listing package

Gold — Elevated placement above Silver.

Elevated placement, larger search card with a hero image, floor-plan uploads, syndication to partner marketplaces and weekly lead alerts.

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Similar office properties in New York, NY

568 Water StNew York, NY · Office · Class B14,800 SF available$77.92 – $94.86/SF/yr FS

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