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386 Park Avenue South - 386 Park Ave S, New York, NY 10016 Property Information

386 Park Avenue South - 386 Park Ave S, New York, NY 10016 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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386 Park Avenue South - 386 Park Ave S, New York, NY 10016 2
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Address

Building name 386 Park Avenue South
Primary address 386 Park Avenue South - 386 Park Ave S
Secondary address 45-51 E 27th St
Neighborhood NoMad
Zip code 10016
Borough Manhattan
Block & lot 00857-0038

Sales & Tax Overview for 386 Park Ave S, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 01/29/2015
Purchase price $201,500,000
Tax class
Estimated property tax $3,983,511

Lot & Building Information for 386 Park Ave S, New York

Lot sqft 10,350
Lot dimensions 46.25 ft x 150 ft
Building class Office Only with or without Commercial - 20 Stories or More (O4)
Building sqft 232,133
Building dimensions 46 ft x 150 ft
Buildings on lot 1
Stories 20
Year built 1927
Year last altered 2017
Construction type
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Zoning & Use for 386 Park Ave S, New York

Zoning
Commercial units 20
Office sqft
Retail sqft
Conversion feasibility index

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 5
Closest police station 0.70 Miles
Closest fire station 0.30 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 386 Park Ave S, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 386 Park Avenue South - 386 Park Ave S, New York, NY 10016, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 386 Park Avenue South - 386 Park Ave S, New York, NY 10016, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 45-51 E 27th St, New York, NY 10016
  • 386-388 Park Ave S, New York, NY 10016
  • 386-388 Pas, New York, NY 10016

About 386 Park Ave S, New York

How many square feet does 386 Park Avenue South - 386 Park Ave S, New York, NY 10016 have?

This Office Only with or without Commercial - 20 Stories or More (O4) located at 386 Park Avenue South - 386 Park Ave S, New York, NY 10016 has a total of 232,133 square feet.

What is the year built & the current market value of 386 Park Avenue South - 386 Park Ave S, New York, NY 10016?

386 Park Avenue South - 386 Park Ave S, New York, NY 10016 was built in 1927 and has a current tax assessor's market value of $92,880,000.

How many commercial spaces does this building have?

This building has 20 commercial spaces available for lease. There are 2 active listings at this address.

Ownership Information for 386 Park Ave S, New York

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Property owner name for 386 Park Avenue South - 386 Park Ave S, New York, NY 10016
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Building contacts for 386 Park Avenue South - 386 Park Ave S, New York, NY 10016
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 386 Park Ave S, New York

386 Park Ave South
Listing type For Lease
Listing date 01/24/2026
Last updated 05/20/2026

Two floors of bright, premium coworking space put you right where New York works and plays. At Industrious 386 Park Ave S, you’re surrounded by the city’s energy—from the buzzing nightlife and culture of NoMad to world-class dining, shopping, and cultural landmarks just a short walk away. With bike storage in the building, it’s an easy ride for commuters looking to skip the subway rush. Inside, every detail is designed to help you work at your best. 

View Listing

Brokers

Peter Johnson
Joseph Gervino
Alexa Damon
Spaces
Suite name Space type Lease rate Available space Brokers
18th Floor Office Listing price not available 0 Peter Johnson
Joseph Gervino
Alexa Damon
19th Floor Office Listing price not available 0 Peter Johnson
Joseph Gervino
Alexa Damon
Active Listings For This Property:
For Lease 386 Park Ave South
386 Park Ave South
386 Park Ave S, New York
Property Other
Availability 2 Spaces listed / 0 Sqft
Price Listing price not available
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
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Past Sales & Property History for 386 Park Ave S, New York

Create a free account to view the complete sales history for 386 Park Ave S, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
01/29/2015 $201,500,000
09/28/2012 $111,500,000
05/17/2010 $42,347,749
       
       
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*Here are the three most recent sales for this property.

Title Documents for 386 Park Ave S, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
06/12/2025 - D
02/02/2026 - R
Both RPTT and RETT
(2026020200410001)
04/29/2025 - R UCC3 Continuation
(2025042900304001)
03/23/2022 - D
06/23/2022 - R
Agreement
(2022061400987001)
12/28/2020 - D
03/08/2021 - R
Agreement
(2021030300945001)
05/29/2020 - R UCC3 Continuation
(2020052900667001)
12/05/2019 - D
01/07/2020 - R
NYC Real Property Transfer Tax
(2020010200336001)
01/03/2019 - D
02/28/2019 - R
Agreement
(2019013000664001)
01/03/2019 - D
01/30/2019 - R
Agreement
(2019013000613001)
04/12/2016 - D
05/05/2016 - R
Agreement
(2016042901064001)
03/31/2016 - D
05/24/2016 - R
Agreement
(2016051801550001)
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R: Recorded date
D: Document date

Property Taxes for 386 Park Ave S, New York

Access detailed property tax data for 386 Park Avenue South - 386 Park Avenue South - 386 Park Ave S, New York, NY 10016. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $4,144,653
Estimated property tax: $3,983,511
Tax assessor's market value: $92,880,000
Assessed value: $41,796,000

Assessment History for 386 Park Ave S, New York

Here's the assessment & property tax history for 386 Park Ave S, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate % Base tax Property tax Year over year change
2025/26 $92,880,000 $41,796,000 $39,379,950 10.848% $4,271,937 $4,144,653 +2.35%
2024/25 $90,696,000 $40,813,200 $38,810,750 10.762% $4,176,813 $4,049,529 +7.41%
2023/24 $89,291,000 $40,180,950 $37,998,910 10.592% $4,024,845 $3,770,277 +14.98%
2022/23 $85,947,000 $38,676,150 $35,582,950 10.646% $3,788,161 $3,279,025 +7.57%
2021/22 $78,741,000 $35,433,450 $33,077,720 10.755% $3,557,509 $3,048,373 -10.27%

Permits for 386 Park Ave S, New York

The complete history of permits filed for 386 Park Ave S, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
02/23/2026 Alteration
11/21/2025 Alteration CO
11/19/2025 Alteration
11/12/2025 Alteration
11/12/2025 Alteration
11/12/2025 Alteration
11/12/2025 Alteration
07/18/2025 Alteration
03/17/2025 Alteration
03/17/2025 Alteration
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Manhattan Commercial Market Stats

Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2026
$680
4.4% YoY
Median Price/Sqft Q4/2025
$550
-15.8% YoY
Median Price/Sqft 2025
$607
-2.5% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Park Ave & 28th St at SW Corner
Station lines 6
Distance (miles) 0.033
View subway map
Bus Routes
Name Park Av South/E 26 St
Line X10
Distance (miles) 0.06

Neighbors for 386 Park Ave S, New York

Here are the neighbors for 386 Park Avenue South - 386 Park Avenue South - 386 Park Ave S, New York, NY 10016.

Address Square feet Purchase date Purchase price
251 5th Ave, New York 48,535 08/27/2014
255 5th Ave, New York 30,000 05/03/2019
62 Madison Ave, New York 24,608 10/10/2013 $28,450,000
15 E 26th St, New York 140,025 06/12/2014
72 Madison Ave, New York 58,500 05/22/2015
14 E 28th St, New York 187,041 01/17/2019 $2,450,000
4 E 28th St, New York 69,289 10/31/1988
233 5th Ave, New York 14,928 05/14/1998
60 Madison Ave, New York 169,360 09/12/2016
79 Madison Ave, New York 224,449 11/01/2017 $28,050,000
1 E 27th St, New York 11,481 05/14/1998
7 E 27th St, New York 53,038 12/17/2012
235 5th Ave, New York 16,614 07/08/2024 $8,750,000
11 E 26th St, New York 217,991 12/23/2021 $148,208,300
245 5th Ave, New York 258,639 11/01/2017 $28,050,000
10 E 29th St, New York 407,555 02/19/2020 $380,600,000
80 Madison Ave, New York 60,110 12/07/2011
63 Madison Ave, New York 702,793 01/01/2013 $85,754,263
66 Madison Ave, New York 140,000 07/12/2004 $195,000
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