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
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- Owner
- Documents
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- Permits
- Neighborhood
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 | Register |
| Estimated property tax | $3,983,511 |
Lot & Building Information for 386 Park Ave S, New York
| Lot sqft | 10,350 |
| Lot dimensions | |
| Building class | Office Only with or without Commercial - 20 Stories or More (O4)
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| Building sqft | 232,133 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 20 |
| Year built | 1927 |
| Year last altered | 2017 |
| Construction type | Register |
Area Overview
| 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
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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
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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Spaces for Lease in 386 Park Ave S, New York
| 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.
Brokers
| 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 |
Past Sales & Property History for 386 Park Ave S, New York
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*Here are the three most recent sales for this property.
Title Documents for 386 Park Ave S, New York
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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.
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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.
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Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Park Ave & 28th St at SW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | 6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.033 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| 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 |