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245 Park Avenue, New York, NY 10167

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245 Park Avenue, New York, NY 10167

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Property Overview

Property address 245 Park Ave
Alternate address(es) 101-125 E 46th St
100-118 E 47th St
476-496 Lexington Ave
Other alternate addresses
Zip code 10167
Borough Manhattan
Block & lot 01301-0001

Building name American Brands Building
Lot dimensions
Lot sqft 81,336 i
Buildings on lot 1
Building class Office Only with or without Commercial - 20 Stories or More (O4)
Year built 1966
Building Sq. Ft.
Zoning

Ownership Information

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Other Critical Property Data

Neighborhood Central Midtown
School district 2
Commercial units 35
Maximum floor area ratio
Closest police station 0.22 Miles - See map
Closest fire station 0.33 Miles - See map
Certificate of occupancy

Sales & Property History

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Purchase date 5/5/2017
Purchase price

Title Documents

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Doc rec date Type Amount Party 1 Party 2 Doc image
11/01/2017 - D NYC Real Property Transfer Tax
07/28/2017 - R UCC3 Assignment
07/28/2017 - R UCC3 Assignment
07/06/2017 - D Assignment, Mortgage
06/28/2017 - D Assignment, Mortgage
05/11/2017 - R Initial UCC1
05/11/2017 - R UCC3 Termination
05/05/2017 - D Agreement
05/05/2017 - D Mortgage
05/05/2017 - D Termination of Assign of L&R
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R: Recorded date
D: Document date

Property Taxes

Access detailed property tax data for 245 Park Ave. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year 2018/2019
Tax assessor's market value $1,101,088,000
Projected tax assessor's market value $0
Current tax bill $47,630,618

Assessment History

Check out this property's assessment history, including the evolution of the total tax rate and corresponding property tax.

Year Building class Market value Assessed value Taxable Tax rate% Base tax Property tax
2017/18 O4 $1,112,734,000 $500,730,300 $437,264,166 10.514% $45,973,954 $45,973,954
2016/17 O4 $975,000,000 $438,750,000 $407,405,251 10.574% $43,079,031 $43,079,031
2015/16 O4 $946,666,666 $426,000,000 $375,231,660 10.656% $39,984,686 $39,984,686
2014/15 O4 $908,888,888 $409,000,000 $336,366,654 10.684% $36,418,193 $35,937,413
2013/14 O4 $800,000,000 $360,000,000 $307,665,305 10.323% $32,689,359 $31,760,289
2012/13 O4 $732,222,222 $329,500,000 $290,006,211 10.288% $31,224,719 $29,835,839
2011/12 O4 $683,142,000 $307,413,900 $277,132,777 10.152% $29,961,880 $28,134,520
2010/11 O4 $644,000,000 $289,800,000 $265,779,997 10.312% $29,727,433 $27,407,233
2009/10 O4 $657,777,777 $296,000,000 $260,419,997 10.426% $29,497,239 $27,151,389
2008/09 O4 $653,333,333 $294,000,000 $246,219,997 10.241% $27,519,615 $25,215,390
2007/08 O4 $641,000,000 $288,450,000 $233,119,997 10.059% $25,712,815 $23,449,540
2006/07 O4 $607,000,000 $273,150,000 $221,419,997 10.997% $26,823,882 $24,349,557
2005/06 O4 $600,000,000 $270,000,000 $205,458,185 11.306% $25,772,952 $23,229,102
2004/05 O4 $500,000,000 $225,000,000 $189,044,742 11.558% $24,450,341 $21,849,791
2003/04 O4 $512,000,000 $230,400,000 $205,079,275 11.431% $23,442,612 $23,442,612

Permits

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Pre filing date Job type Job status Job description Document Building type
04/09/2018 Alteration type 2
04/09/2018 Alteration type 2
04/06/2018 Alteration type 2
07/17/2017 Alteration type 2
07/10/2017 Alteration type 2
07/10/2017 Alteration type 2
07/10/2017 Alteration type 2
07/10/2017 Alteration type 2
06/23/2017 Alteration type 2
01/30/2017 Alteration type 2
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For Rent

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440 West 22nd St, Manhattan, NY

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410 West 24th Street, Manhattan, NY

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347 West 57th Street, Manhattan, NY

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$5,800 2 Beds 2 Baths

For Sale

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310 Lexington Ave, Manhattan, NY

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333 East 43rd St, Manhattan, NY

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254 Park Ave South, Manhattan, NY

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$3,600,000 3 Beds 2.5 Baths 1,815 Sqft
245 Seventh Avenue, Manhattan, NY

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Map

Central Midtown residential market stats

Check out the median sale price in Central Midtown and compare it to the borough´┐Żs median. You can download an in-depth market report for Central Midtown, with complete list of sales and more trends from our Market Reports page.

Median Sale Price
$1,350,000
1% YoY
Median Price/Sqft
$1,355
0% YoY
Manhattan Median Sale Price
$1,095,000
1% YoY

Demographics By Zip Code 10167

Data not available for this property.

Neighbors

Here are the neighbors for 245 Park Ave.

Address Property class Square feet Purchase date Purchase price
730 3rd Ave, New York Office Only with or without Commercial - 20 Stories or More (O4) 665,110 1/30/2004
158-160 E 46th St, New York Multi-Story Retail Building (2 or More) (K2) 6,632 9/1/2006
154-156 E 46th St, New York Foreign Government (Z4) 18,810 3/29/2001
150 E 46th St, New York Single or Multiple Dwelling with Stores or Offices (S9) 5,236 11/15/2001
146 E 46th St, New York Walk-up Apartment - Over Six Families with Stores (C7) 6,340 11/15/2001
140 E 46th St, New York Elevator Apartment - Fireproof with Stores (D6) 131,175 2/1/2002
131-133 E 45th St, New York Walk-up Apartment - Over Six Families with Stores (C7) 7,036 5/9/2002
137 E 45th St, New York Predominant Retail with Other Uses (K4) 4,800 11/26/1999
152 E 46th St, New York Primarily Four Family with One Store or Office (S4) 4,830 11/17/2016
148 E 46th St, New York Primarily Four Family with One Store or Office (S4) 4,882 5/16/1997
485 Lexington Ave, New York Office Only with or without Commercial - 20 Stories or More (O4) 743,789 1/11/2017
750 3rd Ave, New York Office Only with or without Commercial - 20 Stories or More (O4) 761,067 7/28/2004
277 Park Ave, New York Special Condominium Billing Lot (R0) 1,270,270 1/6/2006
501-507 Lexington Ave, New York Limited Service - Many Affiliated with National Chain (H3) 92,501
123 E 47th St, New York Primarily Three Family with One Store or Office (S3) 3,864 10/4/1978
125 E 47th St, New York Predominant Retail with Other Uses (K4) 3,813 10/4/1978
129 E 47th St, New York Predominant Retail with Other Uses (K4) 7,121 1/1/1900
131-135 E 47th St, New York Zoned Commercial or Manhattan Residential (V1) 6/1/2017
143 E 47th St, New York Predominant Retail with Other Uses (K4) 5,839 7/14/2015
147 E 47th St, New York Limited Service - Many Affiliated with National Chain (H3) 43,314 9/27/2016

Useful neighborhood information

Transport

There may be nowhere in the world with more public transportation options than Midtown Manhattan. With over a dozen subway lines, dozens of bus lines – including express buses – there's always an easy way to get where you're going. The Port Authority Bus Terminal, Penn Station, and Grand Central Terminal are all in Midtown.

Schools

There is only one elementary school zoned for this neighborhood – PS 59 Beekman Hill International – and no zoned middle school. One public high school, the Art and Design High School on 2nd Avenue, serves the community, and there are several options in neighboring areas like Turtle Bay and Lenox Hill.

Health

Here are two main options for general medical services in Central Midtown, the New York Presbyterian Hospital and the NYU Langone Medical Center on Madison Avenue. Residents can also visit a handful of urgent care clinics, private physicians, and alternative health options such as acupuncturists and chiropractors

Safety

The good news is that most crimes in the area are property crimes and serious crime rates have dropped 7% in the last decade. The high overall crime rate is due to the large number of tourists and foot traffic the area sees. In 2016, there were 45.63 crimes per 1,000 residents reported in the Manhattan North Precinct, which covers most of the neighborhood. The Manhattan South Precinct that patrols the lower end of Midtown had 135.44 crimes per 1,000 residents over the same period.

Schools in the area

Data not available.

Alternate Addresses

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

  • 101-125 E 46th St, New York, NY 10167
  • 100-118 E 47th St, New York, NY 10167
  • 476-496 Lexington Ave, New York, NY 10167
  • 241-255 Park Ave, New York, NY 10167
  • Property Description

    The property at 245 Park Ave, New York, NY 10167 is located in Central Midtown and it has a lot square footage of 81,336. 245 Park Ave, New York, NY 10167 is a Office Only with or without Commercial - 20 Stories or More (O4) property and was built in 1966. The tax amount paid on this property is $47,630,618 based on a total assessed value of $500,730,300. The tax amount for 245 Park Ave, New York, NY 10167 is estimated to be - for the next tax year. The designated school district for 245 Park Ave, New York, NY 10167 is 2.

    The average household income in 10167 is $0 and there are a total of - housing units, out of which - are occupied. The median year built of properties in 10167 is - .