New York City  »  10016  »  Park Ave  »  90 Park Ave

Sterling Drug Company Building - 90 Park Avenue, New York, NY 10016 - Property report

Also known as: 31-47 E 39th St

Property image for Sterling Drug Company Building - 90 Park Avenue, New York, NY 10016
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Property type

Office Only with or without Commercial - 20 Stories or More (O4)

Year built

1963

Lot sq. ft.

38,019

General information

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Address
Building name
Sterling Drug Company Building
Primary address
Sterling Drug Company Building - 90 Park Avenue
Alternate address(es)
31-47 E 39th St
34-42 E 40th St
86-98 Park Ave
ZIP code
10016
Neighborhood
Murray Hill
Borough
Manhattan
Block & lot
00869-0034

Owner

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Building
Property type
Office Only with or without Commercial - 20 Stories or More (O4)
Building sq. ft.
927,829
Building dimensions
196 ft x 205 ft
Buildings on lot
1
Stories
41
Year built
1963
Last altered
2014
Building material
Sales
Sale date
11/01/2017
Sale price
$28,050,000 - M
Tax
Tax year
2026-2027
Property tax
$17,853,338
Tax class
Zoning & Use
Zoning
Commercial units
65
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
197.5 ft x 205 ft
Lot sq. ft.
38,019
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Current built area
927,664 sq. ft.
Buildable area

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
80 /100.  Very Bikeable
School district
2
Community district
6
Closest police station
0.58 Miles
Closest fire station
0.29 Miles

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

Units for Sterling Drug Company Building - 90 Park Avenue, New York, NY

Ownership

Ownership information for Sterling Drug Company Building - 90 Park Avenue, 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 Sterling Drug Company Building - 90 Park Avenue, New York, NY 10016

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/04/2026 - R
05/29/2026 - D		 Sundry Agreement
(2026071000067001)		 XXXXX XXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXX XXX XXX XXXX XXXX XXXXXXXXXX XX XXXXXXXXXXXXXX
09/22/2025 - R
02/11/2025 - D		 Sundry Agreement
(2025091900417002)		 XXXXXX XXXX XXXXXX XXX XXXXXXXX XXX
09/22/2025 - R
02/11/2025 - D		 Sundry Agreement
(2025091900417001)		 XXXXXXX XX XXXX XXXXXX X X X XXXXXXXX XXX
06/20/2024 - R
05/23/2024 - D		 Agreement
(2024061100784001)		 XXXXXX XXXX XXXXXXXX XXX XXX XX XXXXX XXX
08/21/2024 - R
04/25/2024 - D		 NYC Real Property Transfer Tax
(2024061700891001)		 XXX XXXXXX XX XXX XXXXXXXX XXXXXXXXXXX XXXX
01/02/2018 - R
11/01/2017 - D		 NYC Real Property Transfer Tax
(2017122900276001)		 XXXXX X XXXXXXXXXXXXXX XXX XXXXXXX XXXX XXX
06/21/2016 - R
04/29/2016 - D		 Sundry Agreement
(2016061000401003)		 XXXXXXXX XXXXXXXX XXXXX
06/21/2016 - R
04/29/2016 - D		 Sundry Agreement
(2016061000401002)		 XXXXXXXX XXXXXXXX XXXXX
06/21/2016 - R
04/29/2016 - D		 Sundry Agreement
(2016061000401001)		 XX XXXX XXX
04/14/2016 - R
03/31/2016 - D		 Agreement
(2016041300654003)		 XXXXXX XXXX XXXXXXXX XXX XXXXXXXXXXXXXXXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Sterling Drug Company Building - 90 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
$17,853,338
Municipal exemptions
Recent tax assessments
Market value
$397,490,000
Assessed value
$178,870,500

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 $392,733,000 $176,729,850 $160,573,230 10.848% $17,418,984 $16,247,125 +5.99%
2024/25 $381,240,000 $171,558,000 $158,767,260 10.762% $17,086,533 $15,328,744 +6.67%
2023/24 $370,632,000 $166,784,400 $157,795,660 10.592% $16,713,716 $14,369,999 -10.98%
2022/23 $346,555,000 $155,949,750 $155,949,750 10.646% $16,602,410 $16,142,090 +17.66%
2021/22 $292,987,000 $131,844,150 $131,844,150 10.755% $14,179,838 $13,719,518 -23.50%
2020/21 $372,666,700 $167,700,015 $167,700,000 10.694% $17,933,838 $17,933,838 +0.17%
2019/20 $384,322,000 $172,944,900 $169,901,664 10.537% $17,902,538 $17,902,538 +1.28%
2018/19 $382,565,000 $172,154,250 $168,116,375 10.514% $17,675,756 $17,675,756 +2.03%
2017/18 $372,697,000 $167,713,650 $164,772,891 10.514% $17,324,222 $17,324,222 +2.24%
2016/17 $368,511,800 $165,830,310 $160,244,732 10.574% $16,944,278 $16,944,278 +15.51%
Permits

Permit information for Sterling Drug Company Building - 90 Park Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
09/21/2026 Alteration
09/21/2026 Alteration
09/21/2026 Alteration
08/31/2026 Alteration
08/27/2026 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
05/31/2018 Fispnrf-no report and / OR late filing (facade)
03/12/2018 E-elevator
03/12/2018 E-elevator

*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 & 42nd St at SE Corner
Station lines
GS-4-5-6-7
Distance (miles)
0.105
View subway map

Access the detailed traffic volume map for Sterling Drug Company Building - 90 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

Neighbors for Sterling Drug Company Building - 90 Park Avenue, New York, NY

265 Madison Ave, New York 274 Madison Ave, New York 10 E 40th St, New York 455 5th Ave, New York 4 Irving Pl, New York 27 E 39th St, New York 25 E 39th St, New York 270 Madison Ave, New York 80 Park Ave, New York 271 Madison Ave, New York 35 E 38th St, New York 16 E 40th St, New York 23 E 39th St, New York 30 E 40th St, New York 275 Madison Ave, New York 280 Madison Ave, New York 433 5th Ave, New York 267 Madison Ave, New York 445 5th Ave, New York 1 Irving Pl, New York

Nearby ZIP codes for Sterling Drug Company Building - 90 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 Sterling Drug Company Building - 90 Park Avenue, New York, NY 10016?

The development at Sterling Drug Company Building - 90 Park Avenue, New York, NY 10016 was built in 1963.

What is the market value of Sterling Drug Company Building - 90 Park Avenue, New York, NY 10016?

The current market value of Sterling Drug Company Building - 90 Park Avenue, New York, NY 10016 is $397,490,000.

What is the total square footage of Sterling Drug Company Building - 90 Park Avenue, New York, NY 10016?

Sterling Drug Company Building - 90 Park Avenue, New York, NY 10016 has a total of 927,829 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 65.

Disclaimer

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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.

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