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Property profile & analytics

1516 Park Avenue New York, NY 10029

  • Retail residential properties
  • 58,880 SF
  • 0.16 lot acres
Value Estimation
Location Intelligence
Property ID
US63-3230247
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

  • Retail residential properties

Property Details for 1516 Park Avenue

Year built
2020
Lot size
0.16 lot acres
Property size
58,880 SF
Zone code
R8A
Property type
Retail residential properties
APN
01616-0036
APU
16160036

Description

1516 Park Avenue presents a unique opportunity for discerning businesses seeking prime retail space in the heart of New York City. This exceptional property, located at 1516 Park Avenue, New York, NY 10029, offers a total of 10,716 square feet of vacant retail space, ideal for a variety of commercial uses. Currently available are multiple units, with a minimum divisible space of 1,925 square feet and a maximum contiguous space of 5,775 square feet, providing flexibility for businesses of varying sizes. The property is categorized as a commercial supermarket, grocer, or grocery market, and is suitable for businesses participating in the FRESH Program. Situated in New York County, this location benefits from high visibility and foot traffic, making it an attractive proposition for businesses seeking a prominent presence in a thriving urban environment. The property's address is 1516 Park Avenue, and its precise coordinates are latitude 40.7961858 and longitude -73.9459054. This is a rare opportunity to secure a significant retail presence on a prestigious New York City avenue. The entire space is currently vacant, allowing for complete customization to suit a tenant's specific needs. Inquire today to learn more about this exceptional retail opportunity.

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
-73.946
Latitude
40.796
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
$129,277
$919,350
$5,067,450
$5,986,800
-
$2,144,000
$11,261,000
$13,405,000
More about this property
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