Chrysler Building

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  • 135 E 42nd St New York City New York 10174 United States
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1REC's Take
Pros

✔ Iconic architecture ✔ Central location ✔ Proximity to major transportation hubs

Cons

✘ No residential options ✘ Limited retail and dining options ✘ Busy and touristy

Shopper Profile

✦ Professionals: Working in nearby offices ✦ Tourists: Visiting iconic building ✦ Preferences: Quick dining, convenience stores, business services

Successful Retail Uses:
Quick Dining, Convenience Stores, Office Services
About Location
This iconic Art Deco masterpiece anchors Midtown but is more than just a skyscraper. Its vicinity is a mix of corporate hustle, tourists, and everyday NYC life. Nearby retail caters to this diverse crowd, with upscale dining and essential city services. Reflecting its central status, rents are premium, overseen majorly by institutional landlords.
Household Income in Trade Area: $100,000
Retail Sales in Trade Area: $350 million
Population in Trade Area: 80,000
Occupancy Information
Tenant Sales per Square Foot: $700
Occupancy Rate: 92%
Anchor Tenants: None
Tenant Rent/Sales Ratio (%): 21.4% – 42.9%
Rent $ / Visitor (relative cost of the foot traffic): $50 – $100
Other Notes: Data sourced from public and private records.
Know Before You Go
Preferred ISP(s)
Spectrum, Verizon Fios
Estimated Permit Timeline (weeks)
8-12
Landmarks Risk
High
Union Labor Disharmony Likelihood
High
Recommended Vendors 🔗

Local Broker: Retail by MONA

Building Surveyor: DrafterMax

Permit Expeditor: Rizzo-Brookbridge

Licensed Architect: Be Featured! Contact Us

Store Designer: Be Featured! Contact Us

Real Estate Attorney: Be Featured! Contact Us

General Contractor: Be Featured! Contact Us

Photos
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Get Directions
Primary Landlord: Landmark
Retail Type: Streets & Neighborhoods
Address: 135 E 42nd St
New York City
New York
10174
United States
MSA: New York-Newark-Jersey City NY-NJ-PA
Website

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