New York City  »  10022  »  Park Ave  »  450 Park Ave

450 Park Avenue - 450 Park Avenue, New York, NY 10022

450 Park Avenue - 450 Park Avenue, New York, NY 10022

  • General
  • Contacts
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Address

Building name 450 Park Avenue
Primary address 450 Park Avenue - 450 Park Avenue
Secondary address 52-58 E 57th St
Neighborhood Central Midtown
Zip code 10022
Borough Manhattan
Block & lot 01292-0037

Sales & Tax Overview for 450 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 06/24/2022
Purchase price $445,000,000
Tax class

Lot & Building Information for 450 Park Avenue, New York

Lot sqft 13,375
Lot dimensions 133.75 ft x 100 ft
Building class Office Only with or without Commercial - 20 Stories or More (O4) i
Building sqft 296,915
Building dimensions 134 ft x 100 ft
Buildings on lot 1
Stories 32
Year built 1972
Year last altered 1989
Construction type

Zoning & Use for 450 Park Avenue, New York

Zoning
Commercial units 62
Office sqft
Retail sqft

Area Overview

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

School district 2
Community district 5
Closest police station 0.28 Miles
Closest fire station 0.54 Miles
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Other Property Data for 450 Park Avenue, 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 450 Park Avenue - 450 Park Avenue, New York, NY 10022, 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 450 Park Avenue - 450 Park Avenue, New York, NY 10022, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 52-58 E 57th St, New York, NY 10022
  • 444-456 Park Ave, New York, NY 10022

About 450 Park Avenue, New York

How many sq. ft. does 450 Park Avenue - 450 Park Avenue, New York, NY 10022 have & what is the price per sq. ft?

This Office Only with or without Commercial - 20 Stories or More (O4) located at 450 Park Avenue - 450 Park Avenue, New York, NY 10022 has a total of 296,915 square feet and a current price per square foot of $1,498.

What is the year built & the current market value of 450 Park Avenue - 450 Park Avenue, New York, NY 10022?

450 Park Avenue - 450 Park Avenue, New York, NY 10022 was built in 1972 and has a current tax assessor's market value of $187,777,800.

How many commercial spaces does this building have?

This building has 62 commercial spaces available for lease. There are 8 active listings at this address.

Ownership Information

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Property owner for 450 Park Avenue - 450 Park Avenue, New York, NY 10022
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Building contacts for 450 Park Avenue - 450 Park Avenue, New York, NY 10022
Building management:
Representatives (from permits):
Tenants:


Office Spaces for Lease in 450 Park Avenue, New York

450 Park Avenue
Listing type For Lease
Last updated 07/08/2024
Lot size 0.31 Acre
View Listing

Brokers

Paul J. Amrich
Alexander T. D'Amario
Maxwell Tarter
Neil V. King III
Gary M. Rosen
Howard J. Tenenbaum
Spaces
Suite name Space type Lease rate Available space Brokers
3rd Floor General Office Listing price not available 10,677 Gary M. Rosen
Howard J. Tenenbaum
Alexander T. D'Amario
Maxwell Tarter
Neil V. King III
Paul J. Amrich
11th Floor General Office Listing price not available 10,392 Alexander T. D'Amario
Maxwell Tarter
Neil V. King III
Paul J. Amrich
Gary M. Rosen
Howard J. Tenenbaum
#1203 General Office Listing price not available 4,214 Gary M. Rosen
Howard J. Tenenbaum
Alexander T. D'Amario
Maxwell Tarter
Neil V. King III
Paul J. Amrich
29th Floor General Office Listing price not available 10,820 Gary M. Rosen
Howard J. Tenenbaum
Alexander T. D'Amario
Neil V. King III
Paul J. Amrich
Maxwell Tarter
26th Floor General Office Listing price not available 10,820 Gary M. Rosen
Howard J. Tenenbaum
Alexander T. D'Amario
Neil V. King III
Paul J. Amrich
Maxwell Tarter
22nd Floor General Office Listing price not available 10,778 Erik Schmall
David Goldstein
Allyson Bowen
Jack Warren
23rd Floor General Office Listing price not available 10,779 Erik Schmall
David Goldstein
Allyson Bowen
Jack Warren
450 Park Avenue
Listing type For Lease
Listing date 11/16/2019
Last updated 07/18/2024

Property description:

A 33-story structure with approximately 247,242 rentable square feet, built in 1972.
View Listing
Spaces
Suite name Space type Lease rate Available space Brokers
Partial 14 Floor General Office Listing price not available 4,730 John Fitzsimons
Mark Mandell
Active Listings For This Property:
For Lease 450 Park Avenue
450 Park Avenue
450 Park Avenue, New York
Property General Office
Availability 7 Spaces listed / 68480 Sqft
Price Listing price not available
For Lease 450 Park Avenue
450 Park Avenue
450 Park Avenue, New York
Property Office
Availability 1 Spaces listed / 4730 Sqft
Price Listing price not available

Past Sales & Property History for 450 Park Avenue, New York

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Purchase date Purchase price Buyer name Seller name
06/24/2022 $445,000,000
11/01/2017 $28,050,000
05/22/2014 $545,750,000
       
       
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*Here are the three most recent sales for this property.

Title Documents for 450 Park Avenue, 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
09/01/2022 - D
09/27/2022 - R
Agreement
(2022092200433001)
06/30/2022 - R UCC3 termination
(2022062800967012)
06/30/2022 - R Initial UCC1
(2022062800967011)
06/30/2022 - R Initial UCC1
(2022062800967010)
06/30/2022 - R Initial UCC1
(2022062800967009)
06/24/2022 - D
06/30/2022 - R
Agreement
(2022062800967008)
06/24/2022 - D
06/30/2022 - R
Mortgage
(2022062800967007)
06/24/2022 - D
06/30/2022 - R
Mortgage
(2022062800967006)
06/24/2022 - D
06/30/2022 - R
Agreement
(2022062800967005)
06/24/2022 - D
06/30/2022 - R
Mortgage
(2022062800967004)
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R: Recorded date
D: Document date

Property Taxes for 450 Park Avenue, New York

Access detailed property tax data for 450 Park Avenue - 450 Park Avenue - 450 Park Avenue, New York, NY 10022. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2024-2025
Property tax: $8,950,240
Tax assessor's market value: $187,777,800
Assessed value: $84,500,000

Assessment History for 450 Park Avenue, New York

Here's the assessment & property tax history for 450 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
2023/24 $233,333,300 $105,000,000 $104,552,434 10.592% $11,074,194 $11,074,194 -4.89%
2022/23 $255,259,000 $114,866,550 $109,371,723 10.646% $11,643,714 $11,643,714 +16.08%
2021/22 $207,255,000 $93,264,750 $93,264,750 10.755% $10,030,624 $10,030,624 -10.20%
2020/21 $257,777,800 $116,000,010 $104,445,370 10.694% $11,169,388 $11,169,388 +8.55%
2019/20 $242,483,000 $109,117,350 $97,655,521 10.537% $10,289,962 $10,289,962 +6.48%

Permits for 450 Park Avenue, New York

The complete history of permits filed for 450 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.

Filing date Job type Job status Job description Initial cost
06/04/2024 Alteration
05/31/2024 Alteration
05/31/2024 Alteration
05/31/2024 Alteration
05/23/2024 Alteration
05/09/2024 Alteration CO
04/24/2024 Alteration
04/10/2024 Alteration
02/20/2024 Alteration
02/16/2024 Alteration
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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.

Median Price/Sqft Q1/2024
$605
-12.8% YoY
Median Price/Sqft Q4/2023
$672
-8.5% YoY
Median Price/Sqft 2023
$662
-6.2% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Lexington Ave & 59th St at SW Corner
Station lines N-Q-R-4-5-6
Distance (miles) 0.159
View subway map
Bus Routes
Name E 57 St/ Park Av
Distance (miles) 0.02

Neighbors for 450 Park Avenue, New York

Here are the neighbors for 450 Park Avenue - 450 Park Avenue - 450 Park Avenue, New York, NY 10022.

Address Square feet Purchase date Purchase price
25 W 88th St, New York 6,776 03/29/2024 $17,000,000
451-459 12th Ave, New York 49,500
675 3rd Ave, New York 289,356 01/01/2009
257 W 136th St, New York 2,550 10/18/2017
1503 Lexington Ave, New York 11,330 03/04/1998
403 E 60th St, New York 40,686 08/08/2016
2926 Fredrick Douglass Blvd, New York 109,735 11/04/2020 $13,000,000
28 W 128th St, New York 5,200 11/08/2019
451 12th Ave, New York 33,410
105 E 24th St, New York 26,142 03/25/2015 $25,053,000
525 E 72nd St, New York 14,718 11/23/2022 $410,000,000
450 Lexington Ave, New York 10/02/2020
512 7th Ave, New York 553,748 05/09/2002
2001 3rd Ave, New York 5,958 12/19/2002 $300,000
20 River Ter, New York 356,786
4530 Broadway, New York 62,514 02/06/1998
325 W 76th St, New York 7,515 01/21/2020 $8,350,000
101 Barclay St, New York 1,133,549 09/26/2018 $352,000,000
183 Madison Ave, New York 233,484 02/25/2019
998 5th Ave, New York 145,230 09/30/1985
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