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Property profile & analytics

2 Park Ave New York, NY 10016-5675

  • Office buildings
  • 852,731 SF
  • 0.93 lot acres
OFF-MARKET
Last Sale
Jan 02, 2025
$357,000,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-5402085
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Office buildings

Property Details for 2 Park Ave

Year built
1927
Lot size
0.93 lot acres
Property size
852,731 SF
Zone code
C5-2
Property type
Office buildings
APN
00862-0029
APU
8620029

Description

This exceptional Class A office space, located at the prestigious 2 Park Avenue in New York, NY 10016, offers a total of 4,975 square feet currently available for lease. The property is categorized as a Traditional Office, Executive Office, and Creative Office space, making it suitable for a wide range of businesses. The entire building comprises 4,975 square feet, presenting a unique opportunity for a single tenant to occupy the entire space. The building's classification as Class A signifies its high-quality construction, modern amenities, and desirable location. The address, 2 Park Avenue, places the property in a prime location within New York City, offering excellent accessibility and visibility. The multiple tenancy option allows for flexibility in lease terms and space configuration. This is an unparalleled opportunity to secure a significant presence in one of Manhattan's most sought-after addresses. The property's versatility caters to various business needs, from traditional office setups to more creative and collaborative work environments. With its full 4,975 square feet currently vacant, this property presents a rare chance to establish a substantial and impactful business presence in the heart of New York City. Interested parties are encouraged to inquire for further details and leasing options.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9826
Latitude
40.7463
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$11,999,269
$39,150,000
$77,905,240
$117,055,240
-
$87,000,000
$164,747,000
$251,747,000
More about this property
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