
425 Park Avenue, New York, NY 10022 Property Information
425 Park Avenue, New York, NY 10022 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
Primary address | 425 Park Avenue |
Secondary address | 101-111 E 55th St |
Neighborhood | Central Midtown |
Zip code | 10022 |
Borough | Manhattan |
Block & lot | 01310-0001 |
Sales & Tax Overview for 425 Park Avenue, New York
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 & Building Information for 425 Park Avenue, New York
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 |
Area Overview
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.
Other Property Data for 425 Park Avenue, New York
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 101-111 E 55th St, New York, NY 10022
- 104-114 E 56th St, New York, NY 10022
- 421-435 Park Ave, New York, NY 10022
About 425 Park Avenue, New York
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.
Ownership Information for 425 Park Avenue, New York
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Spaces for Lease in 425 Park Avenue, New York
Listing type | For Lease |
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Last updated | 04/23/2025 |
Lot size | 0.64 Acre |
Brokers
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 |
Past Sales & Property History for 425 Park Avenue, New York
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*Here are the three most recent sales for this property.
Title Documents for 425 Park Avenue, New York
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R: Recorded date
D: Document date
Property Taxes for 425 Park Avenue, New York
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 |
Assessment History for 425 Park Avenue, New York
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% |
Permits for 425 Park Avenue, New York
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.
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Manhattan Commercial Market Stats
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.
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Risk
FEMA flood zone(s): | X (See more on map) |
Transportation
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 |
Neighbors for 425 Park Avenue, New York
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 |