New York City » 10016 » Park Ave » 40 Park Ave

40 Park Avenue, New York, NY 10016 - Property report

Also known as: 37-39 E 36th St

Property image for 40 Park Avenue, New York, NY 10016

Property type

Elevator Apartment - Fireproof with Stores (D6)

Year built

1950

Lot sq. ft.

12,050

General information

Address

Primary address

40 Park Avenue

Alternate address(es)

37-39 E 36th St
40-44 Park Ave

ZIP code

10016

Neighborhood

Murray Hill

Borough

Manhattan

Block & lot

00866-0035

Building

Property type

Elevator Apartment - Fireproof with Stores (D6)

Building sq. ft.

153,398

Building dimensions

78.5 ft x 122 ft

Buildings on lot

Stories

Year built

1950

Building material

Tax

Tax year

2026-2027

Property tax

$1,727,605

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

153

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

78.5 ft x 143.5 ft

Lot sq. ft.

12,050

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

80 /100. Very Bikeable

School district

Community district

Closest police station

0.75 Miles

Closest fire station

0.33 Miles

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

Ownership

Ownership information for 40 Park Avenue, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 40 Park Avenue, New York, NY 10016

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
06/17/2025 - R	UCC3 Termination (2025061700147001)	XX XXXX XXXXXX XXX	XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX
05/19/2025 - R 05/13/2025 - D	Termination of Assign of L&R (2025051900276002)	XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX	XX XXXX XXXXXX XXX
05/19/2025 - R 05/13/2025 - D	Satisfaction of Mortgage (2025051900276001)	XX XXXX XXXXXX XXX	XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX
05/11/2021 - R	Initial UCC1 (2021051001598002)	XX XXXX XXXXXX XXX	XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX
05/11/2021 - R	UCC3 Termination (2021051001598001)	XX XXXX XXXXXX XXX	XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX
05/04/2021 - R 04/23/2021 - D	Agreement (2021042601461002)	XX XXXX XXXXXX XXX	XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX
05/04/2021 - R 04/23/2021 - D	Mortgage (2021042601461001)	XX XXXX XXXXXX XXX	XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX
03/10/2021 - R 02/26/2021 - D	Agreement (2021022401413002)	XX XXXX XXXXXX XXX	XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX
03/10/2021 - R 02/26/2021 - D	Agreement (2021022401413001)	XX XXXX XXXXXX XXX	XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX
05/04/2021 - R 02/23/2021 - D	Assignment of Leases and Rents (2021042601461003)	XX XXXX XXXXXX XXX	XXX XXXXXXXXXX XXXXXXXXX XXXXXXX XX XXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 40 Park Avenue, 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

$1,727,605

Municipal exemptions

Recent tax assessments

Market value

$36,889,000

Assessed value

$16,600,050

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	$30,464,000	$13,708,800	$13,231,980	12.439%	$1,645,926	$1,645,926	+2.12%
2024/25	$28,654,000	$12,894,300	$12,894,300	12.5%	$1,611,788	$1,611,788	+5.69%
2023/24	$27,107,000	$12,198,150	$12,198,150	12.502%	$1,525,013	$1,525,013	-11.47%
2022/23	$31,204,000	$14,041,800	$14,041,800	12.267%	$1,722,508	$1,722,508	+5.72%
2021/22	$29,593,000	$13,316,850	$13,316,850	12.235%	$1,629,317	$1,629,317	-4.69%
2020/21	$32,320,000	$14,544,000	$13,935,870	12.267%	$1,709,513	$1,709,513	-0.55%
2019/20	$31,910,000	$14,359,500	$13,781,520	12.473%	$1,718,969	$1,718,969	+0.49%
2018/19	$31,599,000	$14,219,550	$13,563,450	12.612%	$1,710,622	$1,710,622	+0.85%
2017/18	$30,236,000	$13,606,200	$13,335,480	12.719%	$1,696,140	$1,696,140	+1.59%
2016/17	$28,778,000	$12,950,100	$12,950,100	12.892%	$1,669,527	$1,669,527	+0.71%

Permits

Permit information for 40 Park Avenue, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
01/28/2026	Alteration
09/29/2025	Alteration
09/04/2025	Alteration
12/27/2024	Alteration
12/26/2024	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
	12/01/2022	Egrade-failure to post energy grade/score none
	03/14/2018	E-elevator
	03/14/2018	E-elevator

*Most recent DOB violations on record for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Park Ave & 33rd St at NE Corner

Station lines

Distance (miles)

0.156

View subway map

Access the detailed traffic volume map for 40 Park Avenue, 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

Nearby ZIP codes for 40 Park Avenue, 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 40 Park Avenue, New York, NY 10016?

The development at 40 Park Avenue, New York, NY 10016 was built in 1950.

What is the market value of 40 Park Avenue, New York, NY 10016?

The current market value of 40 Park Avenue, New York, NY 10016 is $36,889,000.

What is the total square footage of 40 Park Avenue, New York, NY 10016?

40 Park Avenue, New York, NY 10016 has a total of 153,398 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 7.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.