Manhattan Community Board 8 - 505 Park Avenue, New York, NY 10022 Property Information
Manhattan Community Board 8 - 505 Park Avenue, New York, NY 10022 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
Address
| Building name | Manhattan Community Board 8 |
| Primary address | Manhattan Community Board 8 - 505 Park Avenue |
| Secondary address | 101-109 E 59th St |
| Neighborhood | Lenox Hill |
| Zip code | 10022 |
| Borough | Manhattan |
| Block & lot | 01394-0001 |
Sales & Tax Overview for 505 Park Avenue, New York
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Tax class | Register |
| Estimated property tax | $3,538,231 |
Lot & Building Information for 505 Park Avenue, New York
| Lot sq. ft. | 10,543 |
| Lot dimensions | |
| Property type | Office Only with or without Commercial - 20 Stories or More (O4)
|
| Building sqft | 220,510 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 21 |
| Year built | 1949 |
| Construction type | Register |
Area Overview
| School district | 2 |
| Community district | 8 |
| Closest police station | 0.39 Miles |
| Closest fire station | 0.39 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 505 Park Avenue, New York
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 101-109 E 59th St, New York, NY 10022
- 503-509 Park Ave, New York, NY 10022
About 505 Park Avenue, New York
This Office Only with or without Commercial - 20 Stories or More (O4) located at Manhattan Community Board 8 - 505 Park Avenue, New York, NY 10022 has a total of 220,510 square feet.
What is the year built & the current market value of Manhattan Community Board 8 - 505 Park Avenue, New York, NY 10022?Manhattan Community Board 8 - 505 Park Avenue, New York, NY 10022 was built in 1949 and has a current tax assessor's market value of $78,299,000.
How many commercial spaces does this building have?This building has 44 commercial spaces available for lease. There are 7 active listings at this address.
Ownership Information for 505 Park Avenue, New York
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Spaces for Lease in 505 Park Avenue, New York
| Listing type | For Lease |
|---|---|
| Listing date | 09/23/2019 |
| Last updated | 05/19/2026 |
A 22-story structure with approximately 175,171 rentable square feet, built in 1949.
Brokers
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Suite A/B | General Office | Listing price not available | 8,594 | Justin Royce Mike Tranfalia David Mosler Ryan Weiner |
| Suite 1902 | General Office | $65/Sqft/Year | 2,102 | Justin Royce Mike Tranfalia David Mosler Ryan Weiner |
| Partial 3 Floor | General Office | Listing price not available | 4,888 | Justin Royce Mike Tranfalia David Mosler Ryan Weiner |
| 10 Floor | General Office | $68/Sqft/Year | 13,058 | Justin Royce Mike Tranfalia David Mosler Ryan Weiner |
| 11 Floor | General Office | $68/Sqft/Year | 13,058 | Justin Royce Mike Tranfalia David Mosler Ryan Weiner |
| Partial 5 Floor | General Office | $65/Sqft/Year | 4,360 | Justin Royce Mike Tranfalia David Mosler Ryan Weiner |
| Listing type | For Lease |
|---|---|
| Listing date | 10/11/2020 |
| Last updated | 05/19/2026 |
Brokers
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Partial Building | Interior Retail | Listing price not available | 11,472 | Michael Azarian James Ariola Kassie Wallace |
Past Sales & Property History for 505 Park Avenue, New York
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No recorded sales for this property.
Title Documents for 505 Park Avenue, New York
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R: Recorded date
D: Document date
Property Taxes for 505 Park Avenue, New York
Access detailed property tax data for Manhattan Community Board 8 - Manhattan Community Board 8 - 505 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: | $3,347,886 |
| Estimated property tax: | $3,538,231 |
| Tax assessor's market value: | $78,299,000 |
| Assessed value: | $35,234,550 |
Assessment History for 505 Park Avenue, New York
Here's the assessment & property tax history for 505 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 |
|---|---|---|---|---|---|---|---|
| 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% |
Permits for 505 Park Avenue, New York
The complete history of permits filed for 505 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.
Check out recently sold homes in Manhattan and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Lexington Ave & 59th St at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | N-Q-R-4-5-6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.06 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | E 59 St/Park Av | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | Q32 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 505 Park Avenue, New York
Here are the neighbors for Manhattan Community Board 8 - Manhattan Community Board 8 - 505 Park Avenue, New York, NY 10022.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 205 E 66th St, New York | 170,424 | 11/08/1996 | |
| 211 E 70th St, New York | 488,474 | 10/27/1997 | |
| 254 E 68th St, New York | 348,130 | 12/31/2012 | |
| 1 Main St, New York | |||
| 971 5th Ave, New York | |||
| 13 E 65th St, New York | 10,314 | ||
| 834 5th Ave, New York | 187,270 | ||
| 100 E 77th St, New York | 775,241 | ||
| 200 E 71st St, New York | 265,980 | 08/21/2018 | |
| 242 E 72nd St, New York | 98,150 | 01/03/2005 | |
| 220 E 72nd St, New York | 156,200 | 07/09/2019 | $159,500,000 |
| 635 Madison Ave, New York | 149,881 | 06/29/2018 | $153,000,000 |
| 225 E 70th St, New York | 83,220 | 05/31/2001 | |
| 654 Madison Ave, New York | 136,733 | 07/07/1994 | |
| 1128 3rd Ave, New York | 5,300 | 12/19/2013 | $9,500,000 |
| 805 Madison Ave, New York | 6,828 | 12/15/2009 | $19,000,000 |
| 12 E 64th St, New York | 6,266 | 03/10/1982 | |
| 40 E 61st St, New York | 98,246 | ||
| 531 Main St, New York | 683,637 | ||
| 192 E 75th St, New York | 40,249 | 04/23/2004 | $20,000,000 |