230 Park Avenue - 230 Park Avenue, New York, NY 10169 - Property report
Also known as: 61-87 E 45th St
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
61-79 Vanderbilt Ave
61-87 E 45th St
Area overview
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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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Sales history for 230 Park Avenue - 230 Park Avenue, New York, NY 10169
*Most recent sales on record for this property.
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Title documents
*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
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Assessment history
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Permit information for 230 Park Avenue - 230 Park Avenue, New York, NY
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DOB Violations
*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
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Risk
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Subway & traffic
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
Neighbors for 230 Park Avenue - 230 Park Avenue, New York, NY
Nearby ZIP codes for 230 Park Avenue - 230 Park Avenue, New York, NY
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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