| Building name | American Brands Building |
| Primary address | American Brands Building - 245 Park Avenue |
| Secondary address | 121 E 46th St |
| Neighborhood | Central Midtown |
| Zip code | 10167 |
| Borough | Manhattan |
| Block & lot | 01301-0001 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 02/28/2020 |
| Purchase price | $33,072,265 |
| Tax class | Register |
| Estimated property tax | $45,748,256 |
| Lot sq. ft. | 81,336 |
| Lot dimensions | |
| Property type | Office Only with or without Commercial - 20 Stories or More (O4)
|
| Building sqft | 1,586,876 |
| Building dimensions |
| School district | 2 |
| Community district | 5 |
| Closest police station | 0.22 Miles |
| Closest fire station | 0.33 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
You will find all alternate addresses for the property in this section.
This Office Only with or without Commercial - 20 Stories or More (O4) located at American Brands Building - 245 Park Avenue, New York, NY 10167 has a total of 1,586,876 square feet.
What is the year built & the current market value of American Brands Building - 245 Park Avenue, New York, NY 10167?American Brands Building - 245 Park Avenue, New York, NY 10167 was built in 1966 and has a current tax assessor's market value of $941,853,300.
How many commercial spaces does this building have?This building has 35 commercial spaces available for lease. There are 4 active listings at this address.
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.
| Listing type | For Lease |
|---|---|
| Last updated | 05/07/2026 |
| Lot size | 1.87 Acre |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 31st Floor | General Office | Listing price not available | 38,358 | Silvio Petriello Tamika Kramer Arkady Smolyansky Jacob Rosenthal |
| Ground Floor | Retail | Listing price not available | 2,007 | Marc Sitt Dorel Melloul Albert J. Manopla |
| 28th Floor | General Office | Listing price not available | 37,563 | David M. Kaufman Zach Freeman Tara Stacom Bruce E. Mosler Harry F. Blair Ronald T. Lo Russo Justin Royce Pierce Hance Jr. |
| Listing type | For Lease |
|---|---|
| Listing date | 09/23/2019 |
| Last updated | 05/20/2026 |
A 44-story structure with approximately 1,611,046 rentable square feet, built in 1966.
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Suite 2800 | General Office | Listing price not available | 37,563 | Tara Stacom Ronald T. Lo Russo Harry F. Blair Justin Royce Pierce Hance Jr. |
Create a free account to view the complete sales history for 245 Park Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
*Here are the three most recent sales for this property.
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.
R: Recorded date
D: Document date
Access detailed property tax data for American Brands Building - American Brands Building - 245 Park Avenue, New York, NY 10167. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $45,505,441 |
| Estimated property tax: | $45,748,256 |
| Tax assessor's market value: | $941,853,300 |
| Assessed value: | $423,834,000 |
Here's the assessment & property tax history for 245 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 | $941,853,300 | $423,834,000 | $419,482,310 | 10.848% | $45,505,441 | $45,505,441 | -1.19% |
| 2024/25 | $957,777,800 | $431,000,000 | $427,915,510 | 10.762% | $46,052,267 | $46,052,267 | -1.39% |
| 2023/24 | $980,532,000 | $441,239,400 | $440,923,390 | 10.592% | $46,702,605 | $46,702,605 | +0.49% |
| 2022/23 | $970,063,000 | $436,528,350 | $436,528,350 | 10.646% | $46,472,808 | $46,472,808 | +15.58% |
| 2021/22 | $830,776,000 | $373,849,200 | $373,849,200 | 10.755% | $40,207,481 | $40,207,481 | -20.72% |
The complete history of permits filed for 245 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.
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.
Check out recently sold homes in Manhattan and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | Lexington Ave & 50th St at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | E-M-6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.183 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Lexington Av/E 47 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | M101 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.041 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for American Brands Building - American Brands Building - 245 Park Avenue, New York, NY 10167.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 750 3rd Ave, New York | 761,384 | 11/01/2017 | $28,050,000 |
| 129 E 47th St, New York | 7,121 | 04/18/2000 | |
| 137 E 45th St, New York | 4,800 | 11/26/1999 | |
| 160 E 46th St, New York | 6,632 | 09/01/2006 | $4,653,564 |
| 154 E 46th St, New York | 18,810 | 03/29/2001 | |
| 150 E 46th St, New York | 5,236 | 11/15/2001 | |
| 277 Park Ave, New York | 1,760,893 | ||
| 123 E 47th St, New York | 3,864 | 02/08/2022 | $8,500,000 |
| 125 E 47th St, New York | 3,813 | 02/08/2022 | $8,500,000 |
| 485 Lexington Ave, New York | 743,789 | 09/26/2018 | $782,703 |
| 152 E 46th St, New York | 4,830 | 11/17/2016 | |
| 140 E 46th St, New York | 131,175 | 02/01/2002 | |
| 148 E 46th St, New York | 4,882 | 05/16/1997 | |
| 131 E 45th St, New York | 7,036 | 11/15/2001 | |
| 501 Lexington Ave, New York | 92,501 | 10/31/2025 | $19,962,800 |
| 146 E 46th St, New York | 6,340 | 11/15/2001 | |
| 730 3rd Ave, New York | 665,110 | 11/26/2018 |
