Manhattan  »  10167  »  Park Ave  »  245 Park Ave

American Brands Building - 245 Park Avenue, New York, NY 10167 - Property report

Also known as: 121 E 46th St

Property image for American Brands Building - 245 Park Avenue, New York, NY 10167
static Mapbox map

Property type

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

Year built

1966

Lot sq. ft.

81,336

Sale price

$33,072,265 - M

General information

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Address
Building name
American Brands Building
Primary address
American Brands Building - 245 Park Avenue
Alternate address(es)
108 E 47th St
112 E 47th St
118 E 47th St
Show more
ZIP code
10167
Neighborhood
Central Midtown
Borough
Manhattan
Block & lot
01301-0001

Owner

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Building
Property type
Office Only with or without Commercial - 20 Stories or More (O4)
Building sq. ft.
1,586,876
Building dimensions
168 ft x 358 ft
Buildings on lot
1
Stories
45
Year built
1966
Last altered
2011
Building material
Sales
Sale date
02/28/2020
Sale price
$33,072,265 - M
Tax
Tax year
2026-2027
Property tax
$45,748,256
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
200.83 ft x 405 ft
Lot sq. ft.
81,336

Area overview

Walk score
97 /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
0.22 Miles
Closest fire station
0.33 Miles

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

Ownership

Ownership information for American Brands Building - 245 Park Avenue, New York, NY

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

Sales history for American Brands Building - 245 Park Avenue, New York, NY 10167

Sale date Sale price Buyer name Seller name
02/28/2020 $33,072,265 XXXXXXXXXXXX XXXXXXXXXXXXXX XXXXXXXXX XXXXXXX XXXXXXXX XXXXXXXX XXX
05/05/2017 $2,210,000,000 XXX XXXX XXXXXX XXXXXXXX XXX XXX XXX XXXX 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
06/17/2026 - R
03/02/2026 - D		 Agreement
(2026052101098001)		 XXX XXXX XXXXXX XXXXXXXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX
02/03/2026 - R
01/09/2026 - D		 Agreement
(2026020300784001)		 XXXXXXXXXX XXX XXX XXXX XXXXXX XXXXXXXX XXX
05/19/2025 - R
05/05/2025 - D		 Certificate
(2025050900720001)		 XXX XXXX XXXXXX XXXXXXXX XXX
08/22/2024 - R
07/11/2024 - D		 Agreement
(2024082200104001)		 XXXX XXXXXXXXXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX
03/12/2024 - R
03/04/2024 - D		 Certificate
(2024030600884001)		 XXX XXXXXXX XXX XXXXXXXXX XXX XXX XXXX XXXXXX XXXXXXXX XXX
09/27/2022 - R
09/09/2022 - D		 Both RPTT and RETT
(2022091301203001)		 XXX XXXX XXXXXX XX XXX XXX XXXX XXXXXXXXXXX XXX
03/08/2023 - R
08/31/2022 - D		 Court Order
(2022091200206001)		 XXX XXXX XXXXXX XXXXXXXX XXX
11/17/2021 - R UCC3 Continuation
(2021111600294001)		 XXX XXXX XXXXXX XXXXXXXX XXX XXXXXXXXXX XXXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
03/03/2021 - R
10/02/2020 - D		 Correction Deed
(2021022200292001)		 XXXXXXX XXXXXXXX XXXXXXXX XXX XXXXXXXXXXXX XXXXXXXXXXXXXX XXXXXXXXX
05/13/2020 - R
02/28/2020 - D		 Deed
(2020031000627001)		 XXXXXXX XXXXXXXX XXXXXXXX XXX XXXXXXXXXXXX XXXXXXXXXXXXXX XXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for American Brands Building - 245 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
$45,748,256
Municipal exemptions
Recent tax assessments
Market value
$937,157,000
Assessed value
$421,720,650

More about New York City property taxes

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 $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%
2020/21 $1,094,918,000 $492,713,100 $474,262,620 10.694% $50,717,645 $50,717,645 +3.96%
2019/20 $1,082,222,200 $486,999,990 $462,990,009 10.537% $48,785,257 $48,785,257 +2.42%
2018/19 $1,101,088,000 $495,489,600 $453,020,909 10.514% $47,630,618 $47,630,618 +3.60%
2017/18 $1,112,734,000 $500,730,300 $437,264,166 10.514% $45,973,954 $45,973,954 +6.72%
2016/17 $975,000,000 $438,750,000 $407,405,251 10.574% $43,079,031 $43,079,031 +7.74%
Permits

Permit information for American Brands Building - 245 Park Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
08/11/2026 Alteration
08/04/2026 No work
08/03/2026 Alteration
07/08/2026 Alteration CO
06/29/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
12/21/2021 E-elevator elevatorrequired
12/21/2021 E-elevator elevatorrequired
12/29/2020 E-elevator elevatorrequired

*Most recent DOB violations on record for this property.

Neighborhood

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

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
Lexington Ave & 50th St at NW Corner
Station lines
E-M-6
Distance (miles)
0.183
View subway map

Access the detailed traffic volume map for American Brands Building - 245 Park Avenue, New York, NY 10167 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 American Brands Building - 245 Park Avenue, New York, NY

750 3rd Ave, New York 129 E 47th St, New York 137 E 45th St, New York 160 E 46th St, New York 154 E 46th St, New York 150 E 46th St, New York 277 Park Ave, New York 123 E 47th St, New York 125 E 47th St, New York 485 Lexington Ave, New York 152 E 46th St, New York 140 E 46th St, New York 148 E 46th St, New York 131 E 45th St, New York 501 Lexington Ave, New York 146 E 46th St, New York 730 3rd Ave, New York

Nearby ZIP codes for American Brands Building - 245 Park Avenue, New York, NY

10016, New York City, NY 10017, New York City, NY 10020, New York City, NY 10022, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10152, New York City, NY 10154, New York City, NY 10165, New York City, NY 10169, New York City, NY 10170, New York City, NY 10171, New York City, NY 10172, New York City, NY 10173, New York City, NY 10174, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for American Brands Building - 245 Park Avenue, New York, NY 10167?

The development at American Brands Building - 245 Park Avenue, New York, NY 10167 was built in 1966.

What is the market value of American Brands Building - 245 Park Avenue, New York, NY 10167?

The current market value of American Brands Building - 245 Park Avenue, New York, NY 10167 is $937,157,000.

What is the total square footage of American Brands Building - 245 Park Avenue, New York, NY 10167?

American Brands Building - 245 Park Avenue, New York, NY 10167 has a total of 1,586,876 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 35.

How many active listings does American Brands Building - 245 Park Avenue, New York, NY 10167 have?

This address has 3 active listing(s).

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