350 West 42nd Street (The Orion)
350 West 42nd Street, New York, NY 10036
- Year built
- 2006
- Type
- Condominium
- Units
- 551
- Floors
- 58
- Landmark
- No
- Pets
- Permitted under the condominium rules
- Pied-à-terre
- Allowed
- Financing
- Approximately 20 percent minimum down payment (condominium — no co-op financing cap)
Every recorded sale at this building, 2006–2026
Price-per-square-foot over time, the line- and floor-premium curves, and every recorded sale.
- Median $/sf
- $1,345
- Listing discount
- 1.4%
- Recorded sales
- 1419
- On record
- 2006–2026
The Orion is a 58-story CetraRuddy-designed condominium on 42nd Street between Eighth and Ninth Avenues, developed by Extell Development Company and completed in 2006. It was among the first modern luxury residential towers to rise west of Times Square, and it established a template for the high-density condominium product that has since filled Midtown West: a large unit count, a deep amenity package, and view exposures — particularly to the Hudson River and the wider skyline — from the tower's upper floors.
The building's identity is its curtain wall. CetraRuddy's design gives the tower a sculpted, faceted glass envelope that reads as contemporary architecture rather than a translation of pre-war massing, and the floor-to-ceiling glazing on the higher floors is a genuine differentiator in a corridor where much of the older inventory carries smaller windows. Below the residences sits a three-story amenity suite — a La Palestra fitness center, an indoor pool, a spa, and a residents' lounge — supported by a rooftop terrace and multiple sun decks.
As a condominium, The Orion offers the transactional flexibility the corridor's cooperative inventory does not: a roughly 20 percent minimum down payment with no co-op financing cap, permitted pied-à-terre and investor use, and condo-fast closings. The building's central-transit position — steps from Port Authority and the Times Square hub — is a defining practical advantage.
Architecture and unit composition
The 551 residences run from studios and one-bedrooms through larger multi-bedroom layouts across the tower's 58 stories. The interiors are contemporary new-construction finishes of the mid-2000s luxury tier, and the upper-floor units carry wide Hudson River, Central Park, and skyline exposures — the building's most marketable feature. The faceted curtain wall produces angled and open sight lines that vary meaningfully by line and floor.
The base of the tower holds the three-story amenity program, including the 30th-floor fitness center and pool, which anchors the building's service model.
Building operations
The Orion operates as a full-service condominium with a 24-hour doorman and concierge, an on-site parking garage, and the three-story amenity suite noted above. The building carries a large unit count, and its ownership base includes a meaningful share of investor and owner-rented apartments — a normal profile for a high-density Midtown condominium and a factor buyers should weigh when reviewing the building's financials and owner-occupancy ratio.
Standard condominium buyer costs apply, along with the usual application and move-in deposits (confirm current figures at offer stage). Common charges and property taxes should be modeled at the apartment level; buyers should review the building's financials and reserve position during due diligence.
Local Law 97
- 2024–2029 annual penalty
- $0 (under cap)
- 2030–2034 annual penalty
- $264,536/yr
- Per unit / month range
- $0 – $40
Facade safety — Local Law 11
The facade passed its last inspection with no required repairs — nothing to budget for here, and no facade assessment on the horizon for roughly five years.
QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.
See the full facade history →Recent sales
The Orion trades as a large full-service Midtown West condominium with strong transit access and upper-floor views. Recent resale pricing has run broadly in the $1,200–$1,600 per square foot range depending on floor, exposure, and layout — for example, a two-bedroom on the 36th line closed in the mid-$1.8 million range in late 2024, while smaller lower-floor units have cleared closer to the $600,000 mark. High-floor Hudson-facing inventory commands the building's premium pricing; lower interior lines trade at a discount.
Pricing is heterogeneous by floor, exposure, and layout. Comparable analysis should reference recent recorded closings on the specific line and floor rather than a single building-wide average.
Recent closings at this building, curated by The Roebling Team research desk. Apartment-level facts are independently verified before publishing; sale prices reflect the recorded transfer amount at the NYC Department of Finance.
| Date | Unit | Apartment | Price | PPSF | vs. Ask |
|---|---|---|---|---|---|
| Jun 29, 2026 | 34B | 2 BR · 2 BA · 1,250 sf | $1,635,000 | $1,308/sf | -3.8% |
| Mar 26, 2026 | 16J | 1 BA · 525 sf | $695,000 | $1,324/sf | -0.7% |
| Mar 26, 2026 | 38F | 1 BR · 1 BA · 768 sf | $1,130,000 | $1,471/sf | -4.1% |
| Mar 10, 2026 | 53F | 1 BR · 1 BA · 768 sf | $1,150,000 | $1,497/sf | -4.2% |
| Mar 10, 2026 | 60A | 1 BR · 1 BA · 885 sf | $1,350,000 | $1,525/sf | -3.2% |
| Jan 30, 2026 | 11L | 2 BR · 2 BA · 957 sf | $1,250,000 | $1,306/sf | -13.8% |
| Jan 28, 2026 | 7K | 1 BR · 1 BA · 710 sf | $772,500 | $1,088/sf | off-mkt |
| Jan 27, 2026 | 46E | 1 BR · 1 BA · 778 sf | $1,175,000 | $1,510/sf | -6.0% |
Market read. Most recent trades (2026) cleared a median $1,345/sf across 11 sales. Median listing discount 1.4% from the last ask — a recurring negotiation gap worth pricing into any offer or listing strategy.
Full closing history with price-per-square-foot over time, the complete retrade record, and every line that has traded.
Sales sourced from NYC Department of Finance recorded transfers (BBL 1-01032-7501) and verified listing data. Apartment-level facts (line, condition, asking-price context) curated and cross-verified by The Roebling Team research desk. Not all transactions cross-verify with ACRIS records — sponsor and LLC purchases sometimes record at stipulated values rather than market price; square footage from recorded condo declarations and offering plans.
What to know if you’re buying
The upper-floor views are the differentiator. Hudson River and skyline exposures from the higher floors drive the building's premium pricing; interior and lower lines trade well below them.
Condominium flexibility applies. Roughly 20 percent down, no co-op financing cap, pied-à-terre and investor use permitted, and condo-fast closings.
Weigh the owner-occupancy profile. As a large high-density condominium, the building carries a meaningful investor and rental share; review the current owner-occupancy ratio and financials during due diligence.
Transit is a genuine advantage. Port Authority and the Times Square hub are steps away — a central-location feature that anchors the building's rental and resale demand.
What to know if you’re selling
Lead with the view and the floor. High-floor Hudson-facing inventory is the building's most marketable product; price and market it distinctly from interior lines.
The amenity suite and transit support pricing. The three-story amenity package and the Port Authority / Times Square proximity are the building's core selling points.
Price at the line and floor. Reference recent recorded closings on the specific line rather than the building average.
Comparable buildings
If you're considering The Orion, also evaluate:
- One West End — nearby West Side full-service condominium with a deep amenity suite
- Waterline Square — West Side condominium complex with an extensive shared amenity program
- 15 Hudson Yards — Hudson Yards trophy condominium (trade-up comparison)
- 35 Hudson Yards — Hudson Yards mixed-use trophy condominium (trade-up comparison)
- 635 West 42nd Street — Far West Side full-service residential building
- 505 West 43rd Street — nearby Hell's Kitchen residential building
The Roebling Team at The Orion
The Roebling Team at Compass works across the Midtown West and West Side condominium market, including the large full-service tower tier. We publish this building profile because Orion buyers and sellers deserve building-specific intelligence — amenity structure, view and exposure analysis, buyer-cost mechanics, and comparable analysis at the apartment level — not generic neighborhood commentary.
If you're considering a purchase or sale at The Orion, a 30-minute consultation is the right starting point.
The neighborhood
For the full corridor — architecture, schools, transit, and pricing across Hudson Yards — read The Roebling Team Guide to Hudson Yards.
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