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240 Park Ave South #Com-1, New York, NY 10003 Property Information

240 Park Ave South #Com-1, New York, NY 10003 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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240 Park Ave South #Com-1, New York, NY 10003 3
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Address

Primary address 240 Park Ave South #Com-1
Neighborhood Flatiron District
Zip code 10003
Borough Manhattan
Block & lot 00848-1302

Sales & Tax Overview for 240 Park Ave South #Com-1, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class
Estimated property tax $253,928

Lot & Building Information for 240 Park Ave South #Com-1, New York

Lot sq. ft. 7,860
Lot dimensions 84 ft x 100 ft
Property type Retail Space (RK)
Building sqft 5,550
Building dimensions 84 ft x 100 ft
Buildings on lot 1
Stories 17
Year built 2007
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Zoning & Use for 240 Park Ave South #Com-1, New York

Commercial units 2

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 5

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Unit Overview

Unit # COM-1
Square feet 5,550
Condo complex 101864

Other Property Data for 240 Park Ave South #Com-1, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 240 Park Ave South #Com-1, New York, NY 10003, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 240 Park Ave South #Com-1, New York, NY 10003, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 240 Park Ave South #Com-1, New York

How many square feet does 240 Park Ave South #Com-1, New York, NY 10003 have?

This Retail Space (RK) located at 240 Park Ave South #Com-1, New York, NY 10003 has a total of 5,550 square feet.

What is the year built & the current market value of 240 Park Ave South #Com-1, New York, NY 10003?

240 Park Ave South #Com-1, New York, NY 10003 was built in 2007 and has a current tax assessor's market value of $5,350,000.

How many commercial spaces does this building have?

This building has 2 commercial spaces available for lease.

Ownership Information for 240 Park Ave South #Com-1, New York

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Property owner name for 240 Park Ave South #Com-1, New York, NY 10003
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Building contacts for 240 Park Ave South #Com-1, New York, NY 10003
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Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
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Past Sales & Property History for 240 Park Ave South #Com-1, New York

Create a free account to view the complete sales history for 240 Park Ave South #Com-1, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 240 Park Ave South #Com-1, New York

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.

Date Type Amount Party 1 Party 2 Doc image
11/21/2024 - D
12/02/2024 - R
Lien of Common Charges
(2024120200650001)
10/03/2022 - R UCC3 Continuation
(2022100300717001)
09/22/2017 - R UCC3 Continuation
(2017092200438001)
09/06/2013 - R UCC3 Assignment
(2013081900151003)
06/10/2013 - D
09/06/2013 - R
Asgn of Asgn of L&R
(2013081900151002)
06/10/2013 - D
09/06/2013 - R
Assignment, Mortgage
(2013081900151001)
03/06/2013 - R UCC3 Termination
(2013022600290007)
03/06/2013 - R Initial UCC1
(2013022600290006)
02/25/2013 - D
03/06/2013 - R
Assignment of Leases and Rents
(2013022600290005)
02/25/2013 - D
03/06/2013 - R
Agreement
(2013022600290004)
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R: Recorded date
D: Document date

Property Taxes for 240 Park Ave South #Com-1, New York

Access detailed property tax data for 240 Park Ave South #Com-1, New York, NY 10003. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $245,346
Estimated property tax: $253,928
Tax assessor's market value: $5,350,000
Assessed value: $2,407,500

Assessment History for 240 Park Ave South #Com-1, New York

Here's the assessment & property tax history for 240 Park Ave South #Com-1, 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 $5,350,000 $2,407,500 $2,261,674 10.848% $245,346 $245,346 -3.05%
2024/25 $5,225,863 $2,351,638 $2,351,404 10.762% $253,058 $253,058 +1.92%
2023/24 $5,209,000 $2,344,050 $2,344,050 10.592% $248,282 $248,282 +6.73%
2022/23 $4,856,000 $2,185,200 $2,185,200 10.646% $232,636 $232,636 +7.08%
2021/22 $4,488,863 $2,019,988 $2,019,988 10.755% $217,250 $217,250 -20.67%

Permits for 240 Park Ave South #Com-1, New York

The complete history of permits filed for 240 Park Ave South #Com-1, 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.

No recorded permits for this property.

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.

Median Price/Sqft Q1/2026
$797
19.7% YoY
Median Price/Sqft Q4/2025
$606
-17.5% YoY
Median Price/Sqft 2025
$656
-5.9% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Transportation

Distance to Subway
Closest station Park Ave & 22nd St at SW Corner
Station lines 6
Distance (miles) 0.12
View subway map
Bus Routes
Name Park Av S/E 18 St
Line M1
Distance (miles) 0.085

Neighbors for 240 Park Ave South #Com-1, New York

Here are the neighbors for 240 Park Ave South #Com-1, New York, NY 10003.

Address Square feet Purchase date Purchase price
75 Wall St, New York 662,692
157 Chambers St, New York 92,418
225 Rector Pl, New York 287,819
501 W 152nd St, New York 75,241 09/19/2014
19 Murray St, New York 12,613
25 West St, New York 112,000 08/22/2013 $140,000,000
1 York St, New York 90,918
307 Canal St, New York 17,400
11 Monroe St, New York 9,571
119 Chambers St, New York 11,168
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