| Primary address | 40 Park Avenue |
| Secondary address | 37-39 E 36th St |
| Neighborhood | Murray Hill |
| Zip code | 10016 |
| Borough | Manhattan |
| Block & lot | 00866-0035 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $1,727,605 |
| Lot sqft | 12,050 |
| Lot dimensions | |
| Building class | Elevator Apartment - Fireproof with Stores (D6)
|
| Building sqft | 153,398 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 19 |
| Year built | 1950 |
| Construction type | Register |
| School district | 2 |
| Community district | 6 |
| Closest police station | 0.75 Miles |
| Closest fire station | 0.33 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
You will find all alternate addresses for the property in this section.
This Elevator Apartment - Fireproof with Stores (D6) located at 40 Park Avenue, New York, NY 10016 has a total of 153,398 square feet.
What is the year built & the current market value of 40 Park Avenue, New York, NY 10016?40 Park Avenue, New York, NY 10016 was built in 1950 and has a current tax assessor's market value of $30,464,000.
How many commercial spaces does this building have?This building has 7 commercial spaces available for lease. There are 1 active listings at this address.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
| Listing type | For Lease |
|---|---|
| Listing date | 06/15/2021 |
| Last updated | 05/19/2026 |
| Lot size | 0.28 Acre |
40 Park Avenue, located in Murray Hill, was designed by Emery Roth & Sons, built by the Rudin family, and opened in 1950.
NeighborhoodMurray Hill
Mass TransitGrand Central TerminalSubway: 4, 5, 6, 7, S
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| #1 | Retail | $65/Sqft/Year | 1,636 | Thomas M. Keating |
Create a free account to view the complete sales history for 40 Park Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
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.
R: Recorded date
D: Document date
Access detailed property tax data for 40 Park Avenue, 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: | $1,645,926 |
| Estimated property tax: | $1,727,605 |
| Tax assessor's market value: | $30,464,000 |
| Assessed value: | $13,708,800 |
Here's the assessment & property tax history for 40 Park Avenue, 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 | $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% |
The complete history of permits filed for 40 Park Avenue, 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.
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.
Check out recently sold homes in Manhattan and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | Park Ave & 33rd St at NE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | 6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.156 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Madison Av/E 37 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.067 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 40 Park Avenue, New York, NY 10016.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 385 5th Ave, New York | 88,595 | 12/15/1997 | |
| 38 E 37th St, New York | 98,746 | ||
| 15 E 36th St, New York | 43,696 | 08/20/2019 | $33,000,000 |
| 401 5th Ave, New York | 156,751 | 05/30/2006 | $25,000,000 |
| 13 E 37th St, New York | 17,819 | 11/13/2018 | |
| 211 Madison Ave, New York | 86,314 | ||
| 9 E 36th St, New York | 13,290 | 03/08/2004 | $6,000,000 |
| 46 Park Ave, New York | 7,848 | 04/28/1977 | |
| 411 5th Ave, New York | 116,598 | 01/01/2024 | |
| 219-227 Madison Ave, New York | 109,000 | ||
| 393 5th Ave, New York | 33,046 | 05/30/2006 | $25,000,000 |
| 381 5th Ave, New York | 29,400 | 10/01/2012 | |
| 12 E 37th St, New York | 16,509 | 11/14/2013 | |
| 218 Madison Ave, New York | 39,567 | 12/14/2023 | $12,000,000 |
| 229 Madison Ave, New York | 76,900 | 05/25/1988 | |
| 220 Madison Ave, New York | 211,910 | 08/26/2004 | $417,500 |
| 389 5th Ave, New York | 122,686 | 09/26/2018 | $873,591 |
| 6 E 37th St, New York | 03/08/2004 | $9,000,000 | |
| 9 E 37th St, New York | 62,000 | 11/01/2017 | $28,050,000 |
| 4 E 36th St, New York | 9,267 | 01/22/2001 |
