Manhattan  »  10017  »  Park Ave  »  125 Park Ave

125 Park Avenue - 125 Park Avenue, New York, NY 10017 - Property report

Also known as: 101-105 E 41st St

Property image for 125 Park Avenue - 125 Park Avenue, New York, NY 10017
static Mapbox map

Property type

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

Year built

1923

Lot sq. ft.

24,786

Sale price

$330,000,000

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
125 Park Avenue
Primary address
125 Park Avenue - 125 Park Avenue
Alternate address(es)
100-108 E 42nd St
101-105 E 41st St
117-123 Park Ave
ZIP code
10017
Neighborhood
Murray Hill
Borough
Manhattan
Block & lot
01296-0001

Owner

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Building
Property type
Office Only with or without Commercial - 20 Stories or More (O4)
Building sq. ft.
520,416
Building dimensions
198 ft x 125 ft
Buildings on lot
1
Stories
24
Year built
1923
Last altered
2012
Building material
Sales
Sale date
08/31/2010
Sale price
$330,000,000
Tax
Tax year
2026-2027
Property tax
$11,595,489
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Commercial units
40
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
197.5 ft x 125.5 ft
Lot sq. ft.
24,786

Area overview

Walk score
100 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
78 /100.  Very Bikeable
School district
2
Community district
5
Closest police station
0.48 Miles
Closest fire station
0.25 Miles

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

Units for 125 Park Avenue - 125 Park Avenue, New York, NY

Ownership information for 125 Park Avenue - 125 Park Avenue, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 125 Park Avenue - 125 Park Avenue, New York, NY 10017

Sale date Sale price Buyer name Seller name
08/31/2010 $330,000,000 XXX XXXX XXXXX XXX XXX XXX XXX XXXX XXX
08/18/2004 $225,000,000 XXX XXX XXX XXXX XXX XXXXX XXXXXXXX, XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
08/11/2026 - R
08/05/2026 - D
Mortgage
(2026080600374006)
XXX XXXX XXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
08/11/2026 - R
08/05/2026 - D
Mortgage Spreader Agreement
(2026080600374005)
XXX XXXX XXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
08/04/2026 - R
05/29/2026 - D
Sundry Agreement
(2026071000067001)
XXXXX XXXXXXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXX XXX XXX XXXX XXXX XXXXXXXXXX XX XXXXXXXXXXXXXX
06/11/2026 - R
05/28/2026 - D
Agreement
(2026060100425022)
XXX XXXX XXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
06/11/2026 - R
05/28/2026 - D
Mortgage Spreader Agreement
(2026060100425020)
XXX XXXX XXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
04/08/2026 - R
04/03/2026 - D
Partial Release of Mortgage
(2026040200643002)
XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXX XXXX XXXXX XXX
04/08/2026 - R
04/03/2026 - D
Agreement
(2026040200643001)
XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXX XXXX XXXXX XXX
04/08/2026 - R
04/02/2026 - D
Agreement
(2026040200643003)
XXX XXXX XXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
04/10/2026 - R
03/26/2026 - D
Partial Release of Mortgage
(2026040800145013)
XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX X XXXXXXX XXXXXX XXX XXX
04/10/2026 - R
03/26/2026 - D
Mortgage Spreader Agreement
(2026040800145012)
X XXXXXXX XXXXXX XXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 125 Park Avenue - 125 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
$11,595,489
Municipal exemptions
Recent tax assessments
Market value
$254,611,000
Assessed value
$114,574,950

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 $242,182,000 $108,981,900 $99,647,820 10.848% $10,809,796 $10,809,796 +2.54%
2024/25 $241,243,000 $108,559,350 $97,951,440 10.762% $10,541,534 $10,541,534 +2.49%
2023/24 $231,464,000 $104,158,800 $97,108,680 10.592% $10,285,751 $10,285,751 +2.73%
2022/23 $218,173,000 $98,177,850 $94,048,230 10.646% $10,012,375 $10,012,375 +18.80%
2021/22 $174,136,000 $78,361,200 $78,361,200 10.755% $8,427,747 $8,427,747 -8.83%
2020/21 $223,333,300 $100,499,985 $86,442,330 10.694% $9,244,143 $9,244,143 +9.60%
2019/20 $231,879,000 $104,345,550 $80,042,333 10.537% $8,434,061 $8,434,061 +8.34%
2018/19 $197,459,000 $88,856,550 $74,040,849 10.514% $7,784,655 $7,784,655 +7.58%
2017/18 $152,938,000 $68,822,100 $68,822,100 10.514% $7,235,956 $7,235,956 -1.80%
2016/17 $154,861,000 $69,687,450 $69,687,450 10.574% $7,368,751 $7,368,751 -2.29%

Permit information for 125 Park Avenue - 125 Park Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
09/01/2026 Alteration
08/28/2026 Alteration
07/14/2026 Alteration
07/08/2026 Alteration
07/08/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
12/01/2022 Egrade-failure to post energy grade/score none
08/02/2022 Bench-failure to benchmark none
09/03/2019 Ll2604s-sprinkler

*Most recent DOB violations on record for this property.

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

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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)
0.007

Access the detailed traffic volume map for 125 Park Avenue - 125 Park Avenue, New York, NY 10017 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

Frequently asked questions

What is the year built for 125 Park Avenue - 125 Park Avenue, New York, NY 10017?

The development at 125 Park Avenue - 125 Park Avenue, New York, NY 10017 was built in 1923.

What is the market value of 125 Park Avenue - 125 Park Avenue, New York, NY 10017?

The current market value of 125 Park Avenue - 125 Park Avenue, New York, NY 10017 is $254,611,000.

What is the total square footage of 125 Park Avenue - 125 Park Avenue, New York, NY 10017?

125 Park Avenue - 125 Park Avenue, New York, NY 10017 has a total of 520,416 square feet.

What is the price per square foot for this property?

$634 per square foot is the price for 125 Park Avenue - 125 Park Avenue, New York, NY 10017.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 40.

How many active listings does 125 Park Avenue - 125 Park Avenue, New York, NY 10017 have?

This address has 3 active listing(s).

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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