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Property profile & analytics

401 Park Avenue New York, NY 10016

  • Banks
  • 248,566 SF
  • 0.42 lot acres
Value Estimation
Last Sale
Aug 03, 2025
Location Intelligence
Property ID
US63-0917184
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

  • Banks

Property Details for 401 Park Avenue

Year built
1910
Lot size
0.42 lot acres
Property size
248,566 SF
Zone code
C64A
Property type
Banks
APN
00883-0088
APU
8830088

Description

This prestigious Class A office building in New York County offers 10,435 square feet of versatile workspace. The property features a multitude of options, including traditional office suites, executive office suites, and coworking spaces, catering to diverse business needs. Units range from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, with a total of 350 suites. Currently, 5,970 square feet are available. The building provides fully furnished and equipped private offices, customizable to individual requirements. These options extend to executive suites, disaster recovery spaces, and day offices, offering flexible access. Coworking spaces promote collaboration, with dedicated desks and hot-desking options. A comprehensive range of meeting rooms is available, equipped for presentations, training sessions, or informal gatherings. Virtual office solutions are also offered, including mail handling and call answering services. Flexible membership plans provide access to a global network of workspaces, allowing for adaptable work arrangements. This property is ideal for businesses seeking a dynamic and adaptable workspace in a prime Midtown South location.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
New York
County
New York
State
New York
Longitude
-73.9838
Latitude
40.743
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
$3,175,693
$8,220,600
$21,761,400
$29,982,000
-
$18,268,000
$54,899,000
$73,167,000
More about this property
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