New York City  »  10169  »  Park Ave  »  230 Park Ave

230 Park Avenue - 230 Park Avenue, New York, NY 10169 - Property report

Also known as: 61-87 E 45th St

Property image for 230 Park Avenue - 230 Park Avenue, New York, NY 10169
static Mapbox map

Property type

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

Year built

1929

Lot sq. ft.

69,153

Sale price

$33,072,265 - M

General information

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Address
Building name
230 Park Avenue
Primary address
230 Park Avenue - 230 Park Avenue
Alternate address(es)
60-74 E 46th St
61-79 Vanderbilt Ave
61-87 E 45th St
ZIP code
10169
Neighborhood
Central Midtown
Borough
Manhattan
Block & lot
01300-0001

Owner

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Building
Property type
Office Only with or without Commercial - 20 Stories or More (O4)
Building sq. ft.
1,212,596
Building dimensions
344.33 ft x 200.92 ft
Buildings on lot
1
Stories
34
Year built
1929
Last altered
1999
Building material
Sales
Sale date
02/28/2020
Sale price
$33,072,265 - M
Tax
Tax year
2026-2027
Property tax
$17,561,283
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
344.33 ft x 200.83 ft
Lot sq. ft.
69,153

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
83 /100.  Very Bikeable
School district
2
Community district
5
Closest police station
0.28 Miles
Closest fire station
0.27 Miles

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

Units for 230 Park Avenue - 230 Park Avenue, New York, NY

Building Description

The Helmsley Building at 230 Park Avenue in Central Midtown is zoned for commercial retail and office use. With 1,177,646 square feet of office space and 34,930 square feet available for retail, all 34 stories of the Helmsley Building are suited for nearly any business. This towering beauty was built in 1929 as the headquarters for Cornelius Vanderbilt's Central Railroad Company. Originally named the New York Central Building, it was designed in the Beaux-Arts Style by Warren & Wetmore, the architecture firm responsible for designing the Grand Central Terminal.

The Helmsley Building provides convenient access to both downtown and uptown, as the Park Avenue Viaduct literally runs through the building. A rooftop terrace, perfect for private events, overlooks the luxurious retail and world-class restaurants on Park Avenue. Each night, the tower is lit up by the Luminal LED Light Show. The building entrance is framed by an impressive 45-foot wide art deco limestone clock, looming 68 feet above the street. Closer to the ground, The Helmsley is a 6-minute walk to Grand Central Station and subway lines 4-5-6-6 Express-7-7 Express-S.

Ownership information for 230 Park Avenue - 230 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 230 Park Avenue - 230 Park Avenue, New York, NY 10169

Sale date Sale price Buyer name Seller name
02/28/2020 $33,072,265 XXXXXXXXXXXX XXXXXXXXXXXXXX XXXXXXXXX XXXXXXX XXXXXXXX XXXXXXXX XXX
11/01/2017 $28,050,000 XXXXXXX XXXX XXX. XXXXX X XXXXXXXXXXXXXX XXX
05/05/2015 $1,207,000,000 XXX XX XXXX XXXXX XX XXX XXXX XXXXXX XXXXXXXXX, 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
02/01/2022 - R UCC3 Assignment
(2022012601470004)
XXX XX XXXXX XXX XXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX
02/01/2022 - R UCC3 Assignment
(2022012601470002)
XXX XX XXXXX XXX XXXXXX XXXXXXX XXXX X X
02/01/2022 - R
12/07/2021 - D
Assignment, Mortgage
(2022012601470003)
XXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX X XX XXXXXXXXXXXXX XXXXX XXXXXXX X X XXXXXX XX XXX X
02/01/2022 - R
12/07/2021 - D
Assignment, Mortgage
(2022012601470001)
XXXXXX XXXXXXX XXXX X X X XXXXXXXX XXXXXXX XXXX XXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX X XX
11/29/2021 - R Initial UCC1
(2021111601313005)
XXX XX XXXXX XXX XXXXXX XXXXXXX XXXX X X
11/29/2021 - R UCC3 Termination
(2021111601313004)
XXX XX XXXXX XXX XXX XXXXXXXX XXXXXXXX XXXXXXX
11/29/2021 - R
11/12/2021 - D
Agreement
(2021111601313003)
XXX XX XXXXX XXX XXXXXX XXXXXXX XXXX X X
11/29/2021 - R
11/12/2021 - D
Assignment, Mortgage
(2021111601313002)
XXXXXXXX XXXXXXX XXXX XXXXXXXXX XXXXXXX XXXXXX XXXXXXX XXXX X X
11/29/2021 - R
11/12/2021 - D
Termination of Assign of L&R
(2021111601313001)
XXXXXXXX XXXXXXX XXXX XXXXXXXXX XXXXXXX XXX XX XXXXX XXX
03/03/2021 - R
10/02/2020 - D
Correction Deed
(2021022200292001)
XXXXXXX XXXXXXXX XXXXXXXX XXX XXXXXXXXXXXX XXXXXXXXXXXXXX XXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 230 Park Avenue - 230 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
$17,561,283
Municipal exemptions
Recent tax assessments
Market value
$418,714,000
Assessed value
$188,421,300

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 $424,444,400 $191,000,000 $191,000,000 10.848% $20,719,680 $17,063,750 -4.70%
2024/25 $468,790,000 $210,955,500 $210,955,500 10.762% $22,703,031 $17,905,265 +2.14%
2023/24 $468,435,000 $210,795,750 $210,795,750 10.592% $22,327,486 $17,529,720 -13.32%
2022/23 $422,151,000 $189,967,950 $189,967,950 10.646% $20,223,988 $20,223,988 -11.72%
2021/22 $473,333,300 $212,999,985 $213,000,000 10.755% $22,908,150 $22,908,150 -2.95%
2020/21 $523,862,000 $235,737,900 $220,727,754 10.694% $23,604,626 $23,604,626 +6.33%
2019/20 $513,748,000 $231,186,600 $210,678,005 10.537% $22,199,141 $22,199,141 +12.86%
2018/19 $483,537,000 $217,591,650 $187,072,263 10.514% $19,668,778 $19,668,778 +5.97%
2017/18 $434,017,000 $195,307,650 $176,536,592 10.514% $18,561,057 $18,561,057 +5.55%
2016/17 $409,243,000 $184,159,350 $166,312,647 10.574% $17,585,899 $17,585,899 +4.33%

Permit information for 230 Park Avenue - 230 Park Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
07/14/2026 Alteration
07/10/2026 Alteration
06/10/2026 Alteration
03/04/2026 Alteration
03/03/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
06/20/2021 Earcx-failure to submit eer none
12/29/2020 E-elevator elevatorrequired
12/29/2020 E-elevator elevatorrequired

*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
Vanderbilt Ave & 42nd St at NW Corner
Station lines
GS-4-5-6-7
Distance (miles)
0.17

Access the detailed traffic volume map for 230 Park Avenue - 230 Park Avenue, New York, NY 10169 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 230 Park Avenue - 230 Park Avenue, New York, NY 10169?

The development at 230 Park Avenue - 230 Park Avenue, New York, NY 10169 was built in 1929.

What is the market value of 230 Park Avenue - 230 Park Avenue, New York, NY 10169?

The current market value of 230 Park Avenue - 230 Park Avenue, New York, NY 10169 is $418,714,000.

What is the total square footage of 230 Park Avenue - 230 Park Avenue, New York, NY 10169?

230 Park Avenue - 230 Park Avenue, New York, NY 10169 has a total of 1,212,596 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

How many active listings does 230 Park Avenue - 230 Park Avenue, New York, NY 10169 have?

This address has 1 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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