| Primary address | 425 Park Avenue |
| Secondary address | 101-111 E 55th St |
| Neighborhood | Central Midtown |
| Zip code | 10022 |
| Borough | Manhattan |
| Block & lot | 01310-0001 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 11/25/2019 |
| Purchase price | $616,755,253 |
| Tax class | Register |
| Lot sqft | 27,950 |
| Lot dimensions | |
| Building class | Office Only with or without Commercial - 20 Stories or More (O4) |
| Building sqft | 666,996 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 43 |
| Year built | 1957 |
| Year last altered | 2015 |
| Construction type | Register |
| School district | 2 |
| Community district | 5 |
| Closest police station | 0.20 Miles |
| Closest fire station | 0.57 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 425 Park Avenue, New York, NY 10022 has a total of 666,996 square feet and a current price per square foot of $924.
What is the year built & the current market value of 425 Park Avenue, New York, NY 10022?425 Park Avenue, New York, NY 10022 was built in 1957 and has a current tax assessor's market value of $345,804,000.
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 | 04/23/2025 |
| Lot size | 0.64 Acre |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 38th Floor | General Office | Listing price not available | 13,900 | Christopher Corrinet Tamika Kramer Silvio Petriello Taylor Walker |
Create a free account to view the complete sales history for 425 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 425 Park Avenue, New York, NY 10022. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $16,260,918 |
| Tax assessor's market value: | $345,804,000 |
| Assessed value: | $155,611,800 |
Here's the assessment & property tax history for 425 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 |
|---|---|---|---|---|---|---|---|
| 2024/25 | $335,708,000 | $151,068,600 | $149,893,200 | 10.762% | $16,131,506 | $16,131,506 | +1.80% |
| 2023/24 | $332,443,000 | $149,599,350 | $149,599,350 | 10.592% | $15,845,563 | $15,845,563 | +8.69% |
| 2022/23 | $304,299,000 | $136,934,550 | $136,934,550 | 10.646% | $14,578,052 | $14,578,052 | +26.75% |
| 2021/22 | $237,642,000 | $106,938,900 | $106,938,900 | 10.755% | $11,501,279 | $11,501,279 | +5.56% |
| 2020/21 | $226,402,000 | $101,880,900 | $101,880,900 | 10.694% | $10,895,143 | $10,895,143 | +2.19% |
The complete history of permits filed for 425 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 & 53rd St at NE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | E-M-6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.147 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | Lexington Av/E 56 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | M101 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.068 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 425 Park Avenue, New York, NY 10022.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 665 Lexington Ave, New York | 5,985 | 06/30/1982 | |
| 661 Lexington Ave, New York | 35,408 | 01/10/2012 | $25,000,000 |
| 119 E 55th St, New York | 4,930 | 06/27/2016 | $25,588,966 |
| 150 E 55th St, New York | 21,880 | ||
| 120 E 55th St, New York | 7,024 | 02/23/2005 | $21,500,000 |
| 113 E 55th St, New York | 71,957 | 06/27/2016 | $13,061,034 |
| 656 Lexington Ave, New York | 52,378 | 12/06/2021 | $24,393,000 |
| 135 E 54th St, New York | 154,226 | ||
| 417 Park Ave, New York | 3,110 | 06/30/2022 | |
| 123 E 55th St, New York | 46,204 | 06/07/2016 | |
| 141 E 55th St, New York | 76,904 | ||
| 663 Lexington Ave, New York | 6,800 | 10/04/2001 | |
| 116 E 55th St, New York | 13,320 | 02/23/2005 | $21,500,000 |
| 122 E 55th St, New York | 5,486 | 04/13/2022 | $6,500,000 |
| 127 E 55th St, New York | 91,089 | 06/05/2002 | |
| 146 E 55th St, New York | 5,475 | 01/12/2006 | $2,100,000 |
| 121 E 54th St, New York | 6,775 | 02/23/2005 | $21,500,000 |
| 124 E 55th St, New York | 7,616 | 11/08/2018 | $22,900,000 |
