Republic Point$61.50 – $74.87/SF/yr FS
1288 E 42nd St
73,900 SF office building at 1288 E 42nd St, New York, NY 10013. For Lease through the owner.
For LeaseStatus
$81.88/SFAsking rent
1972Year built
BClass
Property facts
| Property type | Office |
|---|---|
| Building class | B |
| Rentable area | 73,900 SF |
| Stories | 5 |
| Year built | 1972 |
| Renovated | 2002 |
| Typical floor | 14,780 SF |
| Lot size | 3.02 acres |
| Parking ratio | 2.1/1,000 SF |
| Occupancy | 100.0% |
| Zoning | MU-9 |
| Parcel ID | 91-957-5974 |
| Submarket | Tribeca / SoHo |
| Market | New York City |
| Walk Score | 31 |
| Transit | Commuter rail 8 min |
| Listing package | Silver |
Building amenities
EV Charging, Security System, Restaurant, Food Service
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Quantum Ledger | Government | 3 | 3,470 | 2027-09-01 |
| Vector Dynamics | Insurance | 2 | 13,950 | 2026-01-01 |
| Northwind Logistics | Logistics | 1 | 22,110 | 2033-07-01 |
| Vector Dynamics | Engineering | 1 | 19,370 | 2021-05-01 |
| Granite Financial | Professional Services | 3 | 15,000 | 2034-07-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2024-10-26 | $25.62M | $346.64 | 7.07% | Cascade Realty Trust | Pemberton Capital |
Public record
| Owner of record | Quarry Point Partners LLC |
|---|---|
| Assessed value | $13.91M |
| Land value | $5.8M |
| Improvement value | $8.11M |
| Annual tax | $214K |
| Tax year | 2026 |
| Lot size | 131,551 SF |
| Last deed | 2022-12-12 |
| Deed type | Bargain and Sale Deed |
| Legal description | LOT 40 BLK 538 TRIBECA / SOHO ADDN |
Location
1288 E 42nd St
New York, NY 10013
Tribeca / SoHo submarket · New York City market
40.73254, -74.00463
Open in RealStarListing package
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Property-level inventory shown here is RealStarGlobal sample data generated for product demonstration; live market activity, deal flow and news are sourced from the Acquirepad CRE intelligence feed and the public registries listed in the data sourcing plan.