227 East 42 Street
Grand Central, Manhattan
Parcel ID (BBL): 1013160012
Owner: Metro Loft Management
Acquired: August 26, 2024, $60 million
Debt: August 26, 2024, $75 million
Built: 1905
Renovated: 1963
SF: 300,000
Dwelling units: 0
No. of buildings: 1
Class: Office Only – 7 to 19 stories (O3)
Floors: 9
Transactions:
• Metro Loft Management and David Werner Real Estate Investments borrowed $75 million from Northwind Group for 219 East 42nd Street, Grand Central, Manhattan on August 26, 2024.
• Alexandria Real Estate Equities sold 219 East 42nd Street, Grand Central, Manhattan for $60 million to Metro Loft Management and David Werner Real Estate Investments on August 26, 2024.
Development:
• Metro Loft Management filed major alteration job M01075131 for 465,792 sqft R-2 building with 536 apartments in Grand Central, Manhattan, on July 03, 2024.
• Shirley Braun filed major alteration job 123899987 for 250,000 sqft B building in Grand Central, Manhattan, on May 10, 2019.
• Robert Travis filed alteration job M01370360 for 3,000 sqft COM building with 0 apartments in Grand Central, Manhattan, on March 19, 2026.
• Robert Travis filed alteration job M01283409 for 87,000 sqft COM building with 0 apartments in Grand Central, Manhattan, on September 11, 2025.
• Robert Travis filed alteration job M01264199 for 1,050 sqft building with 1 apartments in Grand Central, Manhattan, on August 01, 2025.
• Robert Travis filed alteration job M01227390 for 100 sqft building with 0 apartments in Grand Central, Manhattan, on June 04, 2025.
• Robert Travis filed alteration job M01196582 for 3,000 sqft building with 1 apartments in Grand Central, Manhattan, on March 19, 2025.
Most recent Schedule of Occupancy
Most recent Zoning Diagram (ZD1)
Violations:
According to city public data, the properties have received $98,750 in ECB penalties and $100,850 in OATH penalties in the last year.