New York City  »  10016  »  E 27th St  »  240 E 27th St

Parc East - 240 East 27th Street, New York, NY 10016 - Property report

Also known as: 463-479 2nd Ave

Property image for Parc East - 240 East 27th Street, New York, NY 10016
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Property type

Elevator Apartment - Fireproof with Stores (D6)

Year built

1977

Lot sq. ft.

24,687

Sale price

$210,000,000

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
Building name
Parc East
Primary address
Parc East - 240 East 27th Street
Alternate address(es)
239-243 E 26th St
240-246 E 27th St
463-479 2nd Ave
ZIP code
10016
Neighborhood
Kips Bay
Borough
Manhattan
Block & lot
00907-0025

Owner

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Building
Property type
Elevator Apartment - Fireproof with Stores (D6)
Building sq. ft.
348,386
Building dimensions
192 ft x 119 ft
Buildings on lot
1
Stories
26
Year built
1977
Building material
Sales
Sale date
08/31/2007
Sale price
$210,000,000
Tax
Tax year
2026-2027
Property tax
$6,708,743
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Residential units
325
Residential sq. ft.
Commercial units
2
Retail sq. ft.
Lot
Lot dimensions
197.5 ft x 125 ft
Lot sq. ft.
24,687

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
92 /100.  Biker's Paradise
School district
2
Community district
6
Closest police station
0.99 Miles
Closest fire station
0.08 Miles

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

Ownership

Ownership information for Parc East - 240 East 27th Street, 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 Parc East - 240 East 27th Street, New York, NY 10016

Sale date Sale price Buyer name Seller name
08/31/2007 $210,000,000 XXX-XXXX XXXX XXXXXX XXXXXXXXXX, XXX XXX XXXX XXXX XXXXXX XXXXX, XXX
03/13/2006 $158,000,000 XXX XXXX XXXX XXXXXX XXXXX XXX XXXXX XXXXXXXXXXXX XX.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/28/2010 - R
04/09/2010 - D		 Both RPTT and RETT
(2010042300859001)		 XXXXX XXXXX XXXXXXXXXXXX XXX XXXXXXXX XX
10/26/2007 - R
10/22/2007 - D		 UCC3 Continuation
(2007102401400001)		 XXX XXXX XXXX XXXXXX XXXXXXXXX XXX XXXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
09/14/2007 - R
09/04/2007 - D		 Initial UCC1
(2007090400655003)		 XXXXXXX XXXX XXXXXX XXXXXXXXXX XXX XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
09/14/2007 - R
09/04/2007 - D		 UCC3 Amendment
(2007090400655002)		 XXXXXXX XXXX XXXXXX XXXXXXXXX XXX XXXX XXXXXXX XXXX XXXXXX XXXXXXX XXX
09/14/2007 - R
09/04/2007 - D		 UCC3 Amendment
(2007090400655001)		 XXX XXXX XXXX XXXXXX XXXXX XXX XXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
09/14/2007 - R
08/31/2007 - D		 Agreement
(2007090400414003)		 XXX XXXX XXXX XXXXXX XXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXXXXX XXX
09/14/2007 - R
08/31/2007 - D		 Deed
(2007090400414002)		 XXX XXXX XXXX XXXXXX XXXXX XXX XXXXXXX XXXX XXXXXX XXXXXXXXXX XXX
09/14/2007 - R
08/31/2007 - D		 Lien of Common Charges
(2007090400414001)		 XXX XXXX XXXX XXXXXX XXXXX XXX XXX XXXXXXXXX XXXXXXX XXXXXXXXXXX
05/14/2007 - R UCC3 Amendment
(2007051001219007)		 XXX XXXX XXXX XXXXXX XXXXX XXX XXXXXXX XXXXXXXX XXXX XXXXXXXX XXXXXXXXXXX
05/14/2007 - R
05/03/2007 - D		 Agreement
(2007051001219006)		 XXXXXXX XXXXXXX XXXXXXXXX XXX XXXXX XXXXXXXXXXX XXX XXXX XXXX XXXXXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Parc East - 240 East 27th Street, 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
$6,708,743
Municipal exemptions
Recent tax assessments
Market value
$148,526,000
Assessed value
$66,836,700

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 $128,882,000 $57,996,900 $50,405,798 12.439% $6,269,977 $6,269,977 -3.45%
2024/25 $131,220,000 $59,049,000 $51,949,540 12.5% $6,493,693 $6,493,693 -3.58%
2023/24 $120,389,000 $54,175,050 $53,870,400 12.502% $6,734,877 $6,734,877 +5.83%
2022/23 $115,285,000 $51,878,250 $51,878,250 12.267% $6,363,905 $6,363,905 +0.44%
2021/22 $115,080,000 $51,786,000 $51,786,000 12.235% $6,336,017 $6,336,017 -7.38%
2020/21 $126,886,000 $57,098,700 $55,768,740 12.267% $6,841,151 $6,841,151 +3.03%
2019/20 $132,906,000 $59,807,700 $53,235,180 12.473% $6,640,024 $6,640,024 +6.01%
2018/19 $126,446,000 $56,900,700 $49,665,780 12.612% $6,263,848 $6,263,848 +6.15%
2017/18 $123,282,000 $55,476,900 $46,395,990 12.719% $5,901,106 $5,901,106 +5.80%
2016/17 $116,372,000 $52,367,400 $43,263,450 12.892% $5,577,524 $5,577,524 +5.26%
Permits

Permit information for Parc East - 240 East 27th Street, New York, NY

Filing date Job type Job status Job description Initial cost
05/14/2026 Alteration
10/27/2025 Alteration
06/16/2025 Alteration
01/13/2025 Alteration
10/23/2024 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
06/09/2021 Aeuhaz1-fail to certify class 1 none
04/14/2021 Aeuhaz1-fail to certify class 1 none
03/31/2021 Aeuhaz1-fail to certify class 1 none

*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 & 28th St at SE Corner
Station lines
6
Distance (miles)
0.295
View subway map

Access the detailed traffic volume map for Parc East - 240 East 27th Street, 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 Parc East - 240 East 27th Street, New York, NY

230 E 27th St, New York 226 E 27th St, New York 200 E 26th St, New York 365 3rd Ave, New York 224 E 27th St, New York 222 E 27th St, New York 363 3rd Ave, New York 207 E 26th St, New York 223 E 26th St, New York 234 E 27th St, New York 213 E 26th St, New York 237 E 26th St, New York 219 E 26th St, New York 220 E 27th St, New York 221 E 26th St, New York 228 E 27th St, New York 218 E 27th St, New York 235 E 26th St, New York 217 E 26th St, New York 215 E 26th St, New York

Nearby ZIP codes for Parc East - 240 East 27th Street, 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 Parc East - 240 East 27th Street, New York, NY 10016?

The development at Parc East - 240 East 27th Street, New York, NY 10016 was built in 1977.

What is the market value of Parc East - 240 East 27th Street, New York, NY 10016?

The current market value of Parc East - 240 East 27th Street, New York, NY 10016 is $148,526,000.

What is the total square footage of Parc East - 240 East 27th Street, New York, NY 10016?

Parc East - 240 East 27th Street, New York, NY 10016 has a total of 348,386 square feet.

What is the price per square foot for this property?

$602 per square foot is the price for Parc East - 240 East 27th Street, New York, NY 10016.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 2.

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