Office building with commercial space · Garment District, Manhattan
Furcraft Building
242 West 30th Street, New York, NY 10001
The Furcraft Building (242 West 30th Street) is a 14-floor office building with commercial space in the Garment District, Manhattan, built in 1925, with about 87,000 square feet of office space according to city records.
Also at 242-246 West 30th Street.
- Office space
- 87K SF
- Floors
- 14
- Year built
- 1925
- Zoning
- M1-9A/R12
The 102nd largest of the 140 office buildings we track in the Garment District. Compare it with 6 neighbors
No space at 242 West 30th Street is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once.
Compared with its neighbors
How the Furcraft Building compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, the Furcraft Building ranks 3rd of 7 by office floor area. It went up in 1925; the median neighbor dates from 1926. Its estimated property tax, about $7.89 a square foot of floor area before abatements, is above the neighbors' median of $6.92.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| Furcraft Building, 242 West 30th Street | 87K SF | 14 | 1925 | $7.89 | n/a |
| 236 West 30th Street | 60K SF | 14 | 1926 | $6.53 | n/a |
| 251 West 30th Street | 82K SF | 16 | 1927 | $6.81 | Apr 2016, $50.5M |
| 247 West 30th Street | 51K SF | 16 | 1926 | $8.61 | Dec 2013, $31.8M |
| 231 West 29th Street | 135K SF | 15 | 1927 | $5.66 | n/a |
| 224 West 30th Street | 133K SF | 14 | 1925 | $7.03 | n/a |
| 259 West 30th Street | 86K SF | 17 | 1928 | $7.56 | n/a |
Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Building name
- Furcraft Building
- Other address
- 242-246 West 30th Street
- ZIP code
- 10001
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 94,914 SF
- Commercial floor area
- 94,914 SF
- Office
- 86,954 SF
- Retail
- 7,960 SF
- Height
- 14 floors
- Average floor
- About 6,800 SF (floor area divided by floors)
- Year built (tax records)
- 1927
- Lot area
- 7,406 SF
- Zoning district
- M1-9A/R12
- Built FAR
- 12.82
- Max commercial FAR
- 15
- Landmark status
- Individual landmark
- Tax lot (BBL)
- 1007790066
Nearest subway
- 28 St
- 34 St-Penn Station
- 34 St-Penn Station
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; building name from the NYC Landmarks Preservation Commission (below); subway stations from the MTA Subway Stations dataset, pulled 2026-10-02. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.
NYC storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered 3 storefronts at the Furcraft Building for December 31, 2024, the newest annual filing the city has published, and none stood vacant that day.
- Storefronts registered for December 31, 2024
- 3
- Vacant that day
- 0
- Share vacant across the Garment District
- 14.0%
- Share vacant along West 30th Street
- 23.0%
- Share vacant citywide
- 8.7%
Vacant on December 31, by year
Need a storefront in the Garment District? Get matchedStorefront vacancy across New York City
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-02. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2024 filing was due June 3, 2025, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists RUSHITA LLC as the owner of record. For tax year 2026/27 the city values the Furcraft Building at $16.1 million and assesses it at $7.25 million. After phase-ins and exemptions its taxable value is $6.91 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $749,111 a year before abatements, roughly $7.89 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.
- Owner of record
- RUSHITA LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $16,122,000
- Land market value
- $1,290,000
- Assessed value
- $7,254,900
- Taxable value (phased in)
- $6,905,520
- Estimated yearly tax
- About $749,111
- Tax per SF of floor area
- About $7.89
City market value by tax year
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-02; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.
NYC Department of Buildings permits
Work permits and build-outs
In the 12 months to September 2026, the Department of Buildings issued first permits for 5 jobs at the Furcraft Building. In the last two years, interior work was permitted on 3 floors (floors 5, 7 and 8 and the balcony). The newest build-out, on floor 8 and the balcony, was first permitted in September 2026 (mechanical; filed cost estimate $49,000).
- New jobs, last 12 months
- 5
- Initial permits, last 12 months
- 7
- Newest job first permitted
- September 2026
- Interior build-outs, last 24 months
- 4
- Floors with interior work, last 24 months
- 5, 7 and 8, balcony
- Facade and sidewalk jobs, last 24 months
- 1
Recent build-outs
New jobs by year
Build-outs across the Garment DistrictWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-02 (permits issued through 2026-09-30). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
Landmarks Preservation Commission records
Architecture and history
The Furcraft Building was designed by Henry I. Oser and built in 1925 in the Neoclassical style. The Landmarks Preservation Commission designated it a New York City landmark on August 12, 2025.
- Architect
- Henry I. Oser
- Constructed
- 1925
- Style
- Neoclassical
- Primary material
- Terra cotta
- Built as
- Lofts
- City landmark
- Furcraft Building: individual landmark, designated August 12, 2025 (LP-02690)
Source: NYC Landmarks Preservation Commission, Individual Landmark Sites and Individual Landmark and Historic District Building Database on NYC Open Data, pulled 2026-10-02. A designation can cover part of a lot, such as a facade or a lobby interior.
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Questions about Furcraft Building
How big is the Furcraft Building?
The Furcraft Building has about 95,000 square feet of floor area in total, including 87,000 square feet of office and 8,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was the Furcraft Building built?
The Landmarks Preservation Commission's building records date the Furcraft Building to 1925, designed by Henry I. Oser. City tax records list 1927 as the year built. The building is 14 floors tall.
Who designed the Furcraft Building?
Henry I. Oser, according to the Landmarks Preservation Commission's building records, which list the style as Neoclassical and its original use as lofts.
Is the Furcraft Building a New York City landmark?
Yes. The Landmarks Preservation Commission designated the Furcraft Building an individual landmark on August 12, 2025 (LP-02690). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Commission.
What is the address of the Furcraft Building?
The Furcraft Building is at 242 West 30th Street in the Garment District, Manhattan. City records list 242-246 West 30th Street on the same tax lot (BBL 1007790066). A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 242 West 30th Street?
242 West 30th Street is in ZIP code 10001, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The Furcraft Building is at 242 West 30th Street, New York, NY 10001, in the Garment District.
What is the zoning at the Furcraft Building?
The lot is in the M1-9A/R12 zoning district. PLUTO lists a built floor area ratio (FAR) of 12.82 and a maximum commercial FAR of 15 for this lot.
What subway station is closest to the Furcraft Building?
The closest subway station to the Furcraft Building is 28 St (the 1 train), about 750 feet away in a straight line, roughly 3 minutes on foot. Also nearby: 34 St-Penn Station (the 1, 2 and 3 trains), 4 min walk; 34 St-Penn Station (the A, C and E trains), 5 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns the Furcraft Building?
The NYC Department of Finance's 2026/27 assessment roll lists RUSHITA LLC as the owner of record of the Furcraft Building (BBL 1007790066). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
Is there construction at the Furcraft Building?
In the 12 months to September 2026, the Department of Buildings issued first permits for 5 jobs at the Furcraft Building. In the last two years, interior work was permitted on 3 floors (floors 5, 7 and 8 and the balcony). The newest build-out, on floor 8 and the balcony, was first permitted in September 2026 (mechanical; filed cost estimate $49,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1007790066. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
What are the property taxes at the Furcraft Building?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $6.91 million for the Furcraft Building. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $749,111 a year, roughly $7.89 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1007790066 show the actual bill.
What is the assessed value of the Furcraft Building?
For tax year 2026/27, the NYC Department of Finance puts the market value of the Furcraft Building at $16.1 million ($1.29 million of it land) and its assessed value at $7.25 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 1% from 2022/23 ($16 million) to 2026/27.
Are there vacant storefronts at the Furcraft Building?
Owners registered 3 storefronts at the Furcraft Building for December 31, 2024, the newest annual filing the city has published, and none stood vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.
Is there office space for lease at the Furcraft Building?
No space at 242 West 30th Street is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.
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Garment District
Transit hubs in the Garment District
- B D F M N Q R W at 34 St-Herald Sq
- 1 2 3 at 34 St-Penn Station