New York City  »  10022  »  Park Ave  »  500 Park Ave

500 Park Avenue, New York, NY 10022 Property Information

Also known as: 500 Park Avenue Tower, New York, NY 10022

500 Park Avenue, New York, NY 10022 Property Information

Also known as: 500 Park Avenue Tower, New York, NY 10022

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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500 Park Avenue, New York, NY 10022 4
static Mapbox map

Address

Primary address 500 Park Avenue
Secondary address 62 E 59th St
Neighborhood Central Midtown
Zip code 10022
Borough Manhattan
Block & lot 01294-0037

Sales & Tax Overview for 500 Park Avenue, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 01/21/2025
Purchase price $68,795,174
Tax class
Estimated property tax $2,274,386

Lot & Building Information for 500 Park Avenue, New York

Lot sq. ft. 12,553
Lot dimensions 100.42 ft x 125 ft
Property type Office with Commercial 7-19 Stories (O6)
Building sqft 103,178
Building dimensions 100.42 ft x 125 ft
Buildings on lot 1
Stories 11
Year built 1960
Construction type
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Zoning & Use for 500 Park Avenue, New York

Zoning
Commercial units 13
Office sqft
Retail sqft
Conversion feasibility index

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 5
Closest police station 0.38 Miles
Closest fire station 0.43 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 500 Park Avenue, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 500 Park Avenue, New York, NY 10022, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 500 Park Avenue, New York, NY 10022, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 62 E 59th St, New York, NY 10022
  • 500 Park Avenue Tower, New York, NY 10022

About 500 Park Avenue, New York

How many sq. ft. does 500 Park Avenue, New York, NY 10022 have & what is the price per sq. ft?

This Office with Commercial 7-19 Stories (O6) located at 500 Park Avenue, New York, NY 10022 has a total of 103,178 square feet and a current price per square foot of $666.

What is the year built & the current market value of 500 Park Avenue, New York, NY 10022?

500 Park Avenue, New York, NY 10022 was built in 1960 and has a current tax assessor's market value of $44,901,000.

How many commercial spaces does this building have?

This building has 13 commercial spaces available for lease. There are 1 active listings at this address.

Ownership Information for 500 Park Avenue, New York

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.

Property owner name for 500 Park Avenue, New York, NY 10022
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Building contacts for 500 Park Avenue, New York, NY 10022
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 500 Park Avenue, New York

500 Park Avenue
Listing type For Lease
Last updated 05/07/2026
Lot size 0.29 Acre
View Listing

Brokers

Frank Doyle
Cynthia Wasserberger
Michael Pallas
Gary M. Rosen
Howard J. Tenenbaum
Spaces
Suite name Space type Lease rate Available space Brokers
9th Floor General Office Listing price not available 18,820 Gary M. Rosen
Howard J. Tenenbaum
Frank Doyle
Cynthia Wasserberger
Michael Pallas
Active Listings For This Property:
For Lease 500 Park Avenue
500 Park Avenue
500 Park Avenue, New York
Property General Office
Availability 1 Spaces listed / 18820 Sqft
Price Listing price not available
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
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Past Sales & Property History for 500 Park Avenue, New York

Create a free account to view the complete sales history for 500 Park Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
01/21/2025 $68,795,174

Title Documents for 500 Park Avenue, New York

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.

Date Type Amount Party 1 Party 2 Doc image
04/11/2025 - D
04/25/2025 - R
Agreement
(2025042401045001)
02/03/2025 - R Initial UCC1
(2025012401000013)
01/21/2025 - D
02/03/2025 - R
Agreement
(2025012401000012)
01/21/2025 - D
02/03/2025 - R
Assignment, Mortgage
(2025012401000011)
01/21/2025 - D
02/03/2025 - R
Agreement
(2025012401000010)
01/21/2025 - D
02/03/2025 - R
Partial Release of Mortgage
(2025012401000009)
01/21/2025 - D
02/03/2025 - R
Mortgage Spreader Agreement
(2025012401000008)
01/21/2025 - D
02/03/2025 - R
Termination of Agreement
(2025012401000007)
01/21/2025 - D
02/03/2025 - R
Termination of Lease or Memo
(2025012401000006)
01/21/2025 - D
02/03/2025 - R
Deed
(2025012401000004)
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R: Recorded date
D: Document date

Property Taxes for 500 Park Avenue, New York

Access detailed property tax data for 500 Park Avenue, New York, NY 10022. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $2,191,887
Estimated property tax: $2,274,386
Tax assessor's market value: $44,901,000
Assessed value: $20,205,450

Assessment History for 500 Park Avenue, New York

Here's the assessment & property tax history for 500 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 $44,901,000 $20,205,450 $20,205,450 10.848% $2,191,887 $2,191,887 -3.87%
2024/25 $47,112,000 $21,200,400 $21,185,780 10.762% $2,280,014 $2,280,014 -6.91%
2023/24 $52,018,000 $23,408,100 $23,122,990 10.592% $2,449,187 $2,449,187 -1.05%
2022/23 $51,764,000 $23,293,800 $23,250,570 10.646% $2,475,256 $2,475,256 +8.24%
2021/22 $47,250,000 $21,262,500 $21,262,500 10.755% $2,286,782 $2,286,782 -18.24%

Permits for 500 Park Avenue, New York

The complete history of permits filed for 500 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.

Filing date Job type Job status Job description Initial cost
05/05/2026 Alteration
05/05/2026 Alteration
05/05/2026 Alteration
03/27/2026 Alteration
03/27/2026 Alteration
03/27/2026 Alteration
03/26/2026 Alteration
02/04/2026 Alteration
12/08/2025 Alteration
12/08/2025 Alteration
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Manhattan Commercial Market Stats

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.

Median Price/Sqft Q1/2026
$680
4.4% YoY
Median Price/Sqft Q4/2025
$550
-15.8% YoY
Median Price/Sqft 2025
$607
-2.5% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Lexington Ave & 59th St at SW Corner
Station lines N-Q-R-4-5-6
Distance (miles) 0.108
View subway map
Bus Routes
Name E 59 St/Park Av
Line Q32
Distance (miles) 0.04

Neighbors for 500 Park Avenue, New York

Here are the neighbors for 500 Park Avenue, New York, NY 10022.

Address Square feet Purchase date Purchase price
369 Lexington Ave, New York 118,587 09/09/2013
480 Park Ave, New York 375,239
14 E 58th St, New York 5,984 01/01/2014
600 Madison Ave, New York 315,918 08/07/2013 $210,000,000
122 E 42nd St, New York 862,071 08/31/2016
107 E 41st St, New York 304,138
625 Madison Ave, New York 11/01/2017 $28,050,000
125 Park Ave, New York 520,416 11/01/2017 $28,050,000
57 E 57th St, New York 532,225
101 Park Ave, New York 1,088,389 11/01/2017 $28,050,000
622 3rd Ave, New York 986,431 11/01/2017 $28,050,000
767 5th Ave, New York 1,824,820 11/01/2017 $28,050,000
16 E 58th St, New York 6,590 12/31/2005
355 Lexington Ave, New York 225,000 11/30/2011
630 3rd Ave, New York 210,777 10/10/2025 $66,244,842
605 Madison Ave, New York 10,083 06/28/2007
611 Madison Ave, New York 29,342 11/22/2010 $750,000
370 Lexington Ave, New York 246,605 12/17/2018 $190,000,000
745 5th Ave, New York 459,340 11/01/2017 $28,050,000
601 Madison Ave, New York 25,000 02/18/1999
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