New York City  »  10016  »  Park Ave S  »  470 Park Ave S

470 Park Ave S, New York, NY 10016 - Property report

Also known as: 45 E 31st St

Property image for 470 Park Ave S, New York, NY 10016
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Property type

Office with Commercial 7-19 Stories (O6)

Year built

1925

Lot sq. ft.

20,025

Sale price

$147,500,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
470 Park Ave S
Alternate address(es)
45 E 31st St
462-468 Park Ave S
462-468 Pas
Show more
ZIP code
10016
Neighborhood
NoMad
Borough
Manhattan
Block & lot
00861-0044

Owner

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Building
Property type
Office with Commercial 7-19 Stories (O6)
Building sq. ft.
227,053
Building dimensions
80 ft x 100 ft
Buildings on lot
3
Stories
17
Year built
1925
Last altered
2012
Building material
Sales
Sale date
12/30/2024
Sale price
$147,500,000
Tax
Tax year
2026-2027
Property tax
$3,986,461
Tax class
Zoning & Use
Zoning
Commercial units
46
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
197.5 ft x 122.5 ft
Lot sq. ft.
20,025
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Current built area
227,084 sq. ft.
Buildable area

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
87 /100.  Very Bikeable
School district
2
Community district
5
Closest police station
0.82 Miles
Closest fire station
0.32 Miles

View more such as transportation, nearby schools and risk designations.

Units for 470 Park Ave S, New York, NY

Ownership

Ownership information for 470 Park Ave S, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 470 Park Ave S, New York, NY 10016

Sale date Sale price Buyer name Seller name
12/30/2024 $147,500,000 XXX XXXX XXX XXXXX XXX XXXX XXX XXX XXXX XXX
11/19/2007 $157,000,000 XXXXXXXX XXXXXXXXX XXX XXXXXXX XXXX X XX XXXXXXX XXXXX XXX XXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/23/2025 - R
03/17/2025 - D		 Both RPTT and RETT
(2025062000325001)		 XXXXXXX XXXXX XXXXX XXX XXXXX XXXXXXX XXXXXX XXXXXXXXX
01/13/2025 - R Initial UCC1
(2025011000230003)		 XXX XXXX XXX XXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
01/08/2025 - R Initial UCC1
(2025010200151007)		 XXX XXXX XXXXXX XXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
01/08/2025 - R UCC3 Termination
(2025010200151006)		 XXXX XXX XXX XXXX XXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
01/13/2025 - R
12/30/2024 - D		 Assignment of Leases and Rents
(2025011000230002)		 XXX XXXX XXX XXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
01/13/2025 - R
12/30/2024 - D		 Mortgage
(2025011000230001)		 XXX XXXX XXX XXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
01/08/2025 - R
12/30/2024 - D		 Termination of Assign of L&R
(2025010200151005)		 XXXXXXX XXXX XXXXXX XXXXXXX XXX XXXX XXX XXX XXXX XXX
01/08/2025 - R
12/30/2024 - D		 Assignment of Leases and Rents
(2025010200151004)		 XXX XXXX XXX XXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
01/08/2025 - R
12/30/2024 - D		 Agreement
(2025010200151003)		 XXX XXXX XXX XXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
01/08/2025 - R
12/30/2024 - D		 Mortgage
(2025010200151002)		 XXX XXXX XXX XXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 470 Park Ave S, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax
Tax year
2025-2026
Property tax
$3,986,461
Municipal exemptions
Recent tax assessments
Market value
$85,226,000
Assessed value
$38,351,700

More about New York City Property Taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year Market value Assessed value Taxable amount Tax rate Base tax Property tax Y-o-Y change
2025/26 $81,638,000 $36,737,100 $34,875,180 10.848% $3,783,260 $3,783,260 -3.74%
2024/25 $88,125,000 $39,656,250 $36,519,300 10.762% $3,930,207 $3,930,207 +3.10%
2023/24 $86,413,000 $38,885,850 $35,989,200 10.592% $3,811,976 $3,811,976 +2.45%
2022/23 $81,451,000 $36,652,950 $34,952,030 10.646% $3,720,993 $3,720,993 +19.36%
2021/22 $64,413,000 $28,985,850 $28,985,850 10.755% $3,117,428 $3,117,428 -12.46%
2020/21 $85,368,000 $38,415,600 $33,299,540 10.694% $3,561,053 $3,561,053 +10.02%
2019/20 $82,235,000 $37,005,750 $30,716,628 10.537% $3,236,611 $3,236,611 +7.19%
2018/19 $78,449,000 $35,302,050 $28,719,104 10.514% $3,019,527 $3,019,527 +8.06%
2017/18 $70,834,000 $31,875,300 $26,578,160 10.514% $2,794,428 $2,794,428 +3.73%
2016/17 $56,669,000 $25,501,050 $25,478,178 10.574% $2,694,063 $2,694,063 -0.38%
Permits

Permit information for 470 Park Ave S, New York, NY

Filing date Job type Job status Job description Initial cost
09/28/2026 Alteration
08/25/2026 Alteration
08/25/2026 Alteration
08/25/2026 Alteration
08/25/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
08/03/2023 Bench-failure to benchmark none
06/30/2023 Lblvio-low pressure boiler boiler required
04/25/2023 Lblvio-low pressure boiler boiler required

*Most recent DOB violations on record for this property.

Neighborhood

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

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

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Park Ave & 32nd St at SW Corner
Station lines
6
Distance (miles)
0.018
View subway map

Access the detailed traffic volume map for 470 Park Ave S, New York, NY 10016 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Neighbors for 470 Park Ave S, New York, NY

44 E 32nd St, New York 34 E 32nd St, New York 41 E 31st St, New York 136 Madison Ave, New York 135 Madison Ave, New York 32 E 32nd St, New York 16 E 32nd St, New York 31 E 31st St, New York 11 E 31st St, New York 315 5th Ave, New York 29 E 31st St, New York 17 E 31st St, New York 12 E 32nd St, New York 303 5th Ave, New York 309 5th Ave, New York 38 E 32nd St, New York 145 Madison Ave, New York 39 E 31st St, New York 149 Madison Ave, New York 6 E 32nd St, New York

Nearby ZIP codes for 470 Park Ave S, New York, NY

10010, New York City, NY 10017, New York City, NY 10020, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10119, New York City, NY 10152, New York City, NY 10154, New York City, NY 10165, New York City, NY 10167, New York City, NY 10169, New York City, NY 10170, New York City, NY 10171, New York City, NY 10172, New York City, NY 10173, New York City, NY 10174, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for 470 Park Ave S, New York, NY 10016?

The development at 470 Park Ave S, New York, NY 10016 was built in 1925.

What is the market value of 470 Park Ave S, New York, NY 10016?

The current market value of 470 Park Ave S, New York, NY 10016 is $85,226,000.

What is the total square footage of 470 Park Ave S, New York, NY 10016?

470 Park Ave S, New York, NY 10016 has a total of 227,053 square feet.

What is the price per square foot for this property?

$649 per square foot is the price for 470 Park Ave S, New York, NY 10016.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 46.

How many active listings does 470 Park Ave S, New York, NY 10016 have?

This address has 1 active listing(s).

Disclaimer

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