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    230 Park Ave New York, NY 10016

    For Lease
    Contact for pricing

    Prime retail location in a prestigious Park Avenue building.

    Property size:
    651 SF
    Lot size:
    1.67 Acres

    Property Features for 230 Park Ave

    General Information

    Size
    651 SF
    Lot size
    1.67 Acres

    Source: Cushman & Wakefield | Midtown Manhattan Agent Jason Greenstone

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prestigious Park Avenue Retail Space

    This 651-square-foot retail space is located in a prestigious building on Park Avenue. The location is home to many dynamic businesses, including JPMorgan Chase, MetLife, Merrill Lynch, and the Michelin-starred restaurant Le Pavillon. As The Crown of Park Avenue, 230 Park stands as a status symbol, merging the grandeur of the past with the luxuries of a modern workplace, making it the perfect address for distinguished enterprises.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Law Firm Nail Salon Food Market Grocery Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New York
    County
    New York
    State
    New York
    Longitude
    -73.988749
    Latitude
    40.7378825

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    FAQs

    What type of property is this?
    Retail space - Prime retail location in a prestigious Park Avenue building.
    Where is this retail space located?
    The property is located at 230 Park Ave New York, NY.
    What are key features of this property?
    This property features: - Prestigious Park Avenue location.; - Status symbol building.; - Home to dynamic businesses like JPMorgan Chase and MetLife.
    (212) 841-7500
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    230 Park Ave New York, NY 10016
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