Designed by Herbert J. Krapp, the Majestic Theatre was originally built by real-estate magnates the Chanin Brothers as part of a three-theatre complex that also included the Bernard B. Jacobs Theatre, and the Golden Theatre.

The Majestic theatre officially opened with its inaugural production of the musical Rufus LeMaire's Affairs on Mar. 28, 1927. In 1930, the ownership of all three houses was transferred to the Shubert Organization. The Majestic Theatre earned New York City landmark status in 1987.