Manhattan  »  10022  »  Park Ave  »  505 Park Ave

Manhattan Community Board 8 - 505 Park Avenue, New York, NY 10022 - Property report

Also known as: 101-109 E 59th St

Property image for Manhattan Community Board 8 - 505 Park Avenue, New York, NY 10022
static Mapbox map

Property type

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

Year built

1949

Lot sq. ft.

10,543

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Building name
Manhattan Community Board 8
Primary address
Manhattan Community Board 8 - 505 Park Avenue
Alternate address(es)
101-109 E 59th St
503-509 Park Ave
505-509 Park Ave
ZIP code
10022
Neighborhood
Lenox Hill
Borough
Manhattan
Block & lot
01394-0001

Owner

Find out who owns Manhattan Community Board 8 - 505 Park Avenue, New York, NY 10022. Uncover corporate and individual owners with a free account.

Building
Property type
Office Only with or without Commercial - 20 Stories or More (O4)
Building sq. ft.
220,510
Building dimensions
100 ft x 105 ft
Buildings on lot
1
Stories
21
Year built
1949
Building material
Tax
Tax year
2026-2027
Property tax
$3,538,232
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Commercial units
44
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
100.42 ft x 105 ft
Lot sq. ft.
10,543

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
79 /100.  Very Bikeable
School district
2
Community district
8
Closest police station
0.39 Miles
Closest fire station
0.39 Miles

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

Ownership

Ownership information for Manhattan Community Board 8 - 505 Park Avenue, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

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

Sales history for Manhattan Community Board 8 - 505 Park Avenue, New York, NY 10022

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/24/2023 - R UCC3 Continuation
(2023102400273001)		 X X XXX XXXX XXX XXX XXXX XX XXXX XXXX XXXXXXX XXX XXXX XXXXXX
03/04/2024 - R
08/17/2023 - D		 NYC Real Property Transfer Tax
(2024030400889001)		 XXXXXX XXXXXXX XXXXXXXX XXX XXXXXX XXXXXXX XXXXXXXXXXX
06/29/2023 - R
06/23/2023 - D		 Agreement
(2023062700975001)		 XXX XXXX XX XXXX XXXX XXXXXXX XXX XXXX XXXXXX XXXXXX XXXXXXX (XXXXXXXX XXX)
06/28/2023 - R
06/23/2023 - D		 Assignment of Leases and Rents
(2023062700483002)		 X X XXX XXXX XXX XXX XXXX XX XXXX XXXX XXXXXXX XXX XXXX XXXXXX
06/28/2023 - R
06/23/2023 - D		 Agreement
(2023062700483001)		 X X XXX XXXX XXX XXX XXXX XX XXXX XXXX XXXXXXX XXX XXXX XXXXXX
12/27/2018 - R UCC3 Termination
(2018122400095003)		 X X XXX XXXX XXXXXX XXX XXXX XXXX XXX XXXXXXXX XXXXXXXXXXX
12/24/2018 - R Initial UCC1
(2018122400275001)		 X X XXX XXXX XXX XXX XXXX XX XXXX XXXX XXXXXXX XXX XXXX XXXXXX
12/27/2018 - R
12/21/2018 - D		 Assignment of Leases and Rents
(2018122400095006)		 X X XXX XXXX XXX XXX XXXX XX XXXX XXXX XXXXXXX XXX XXXX XXXXXX
12/27/2018 - R
12/21/2018 - D		 Agreement
(2018122400095005)		 X X XXX XXXX XXX XXX XXXX XX XXXX XXXX XXXXXXX XXX XXXX XXXXXX
12/27/2018 - R
12/21/2018 - D		 Mortgage
(2018122400095004)		 X X XXX XXXX XXX XXX XXXX XX XXXX XXXX XXXXXXX XXX XXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Manhattan Community Board 8 - 505 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
$3,538,232
Municipal exemptions
Recent tax assessments
Market value
$78,423,000
Assessed value
$35,290,350

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 $78,299,000 $35,234,550 $30,861,779 10.848% $3,347,886 $3,347,886 +0.25%
2024/25 $73,470,000 $33,061,500 $31,030,225 10.762% $3,339,473 $3,339,473 +0.64%
2023/24 $70,070,000 $31,531,500 $31,327,290 10.592% $3,318,187 $3,318,187 +14.45%
2022/23 $60,520,000 $27,234,000 $27,234,000 10.646% $2,899,332 $2,899,332 +3.11%
2021/22 $58,098,000 $26,144,100 $26,144,100 10.755% $2,811,798 $2,811,798 -26.14%
2020/21 $79,393,000 $35,726,850 $35,598,491 10.694% $3,806,903 $3,806,903 +1.39%
2019/20 $82,394,000 $37,077,300 $35,633,585 10.537% $3,754,711 $3,754,711 +1.92%
2018/19 $79,768,000 $35,895,600 $35,038,228 10.514% $3,683,919 $3,683,919 +1.29%
2017/18 $80,146,000 $36,065,700 $34,592,209 10.514% $3,637,025 $3,637,025 +8.15%
2016/17 $80,848,000 $36,381,600 $31,803,457 10.574% $3,362,898 $3,362,898 +5.97%
Permits

Permit information for Manhattan Community Board 8 - 505 Park Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
04/01/2026 Alteration
03/10/2026 Alteration
01/09/2026 Alteration
01/09/2026 Alteration
01/08/2026 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
12/01/2023 Egrade-failure to post energy grade/score none
11/02/2022 Bench-failure to benchmark none
08/02/2022 Bench-failure to benchmark none

*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 & 59th St at NW Corner
Station lines
N-Q-R-4-5-6
Distance (miles)
0.06
View subway map

Access the detailed traffic volume map for Manhattan Community Board 8 - 505 Park Avenue, New York, NY 10022 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 Manhattan Community Board 8 - 505 Park Avenue, New York, NY

205 E 66th St, New York 211 E 70th St, New York 254 E 68th St, New York 1 Main St, New York 971 5th Ave, New York 13 E 65th St, New York 834 5th Ave, New York 100 E 77th St, New York 200 E 71st St, New York 242 E 72nd St, New York 220 E 72nd St, New York 635 Madison Ave, New York 225 E 70th St, New York 654 Madison Ave, New York 1128 3rd Ave, New York 805 Madison Ave, New York 12 E 64th St, New York 40 E 61st St, New York 531 Main St, New York 192 E 75th St, New York

Nearby ZIP codes for Manhattan Community Board 8 - 505 Park Avenue, New York, NY

10017, New York City, NY 10020, New York City, NY 10021, New York City, NY 10065, New York City, NY 10103, New York City, NY 10112, New York City, NY 10152, New York City, NY 10154, New York City, NY 10165, New York City, NY 10167, 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 Manhattan Community Board 8 - 505 Park Avenue, New York, NY 10022?

The development at Manhattan Community Board 8 - 505 Park Avenue, New York, NY 10022 was built in 1949.

What is the market value of Manhattan Community Board 8 - 505 Park Avenue, New York, NY 10022?

The current market value of Manhattan Community Board 8 - 505 Park Avenue, New York, NY 10022 is $78,423,000.

What is the total square footage of Manhattan Community Board 8 - 505 Park Avenue, New York, NY 10022?

Manhattan Community Board 8 - 505 Park Avenue, New York, NY 10022 has a total of 220,510 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 44.

How many active listings does Manhattan Community Board 8 - 505 Park Avenue, New York, NY 10022 have?

This address has 6 active listing(s).

Disclaimer

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