125 Park Avenue New York, NY 10017
Property profile & analytics
125 Park Avenue, New York, NY 10017
- Office buildings
- 520,416 SF
- 0.57 lot acres
Property ID
US63-6004650
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.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 125 Park Avenue
- Year built
- 1923
- Lot size
- 0.57 lot acres
- Zone code
- C5-3
- Property type
- Office buildings
- APN
- 01296-0001
- APU
- 12960001
Description
This exceptional 25,366-square-foot retail space is available for sublease at 125 Park Avenue, situated between East 41st and 42nd Streets in the heart of Midtown Manhattan, New York County, NY 10017. The property boasts a single-tenant occupancy, offering a unique opportunity for a business seeking a substantial and highly visible presence in one of New York City's most prestigious locations. The entire space is currently vacant, providing immediate occupancy for the right tenant. The building's address, 125 Park Avenue, is easily accessible and benefits from excellent public transportation links, ensuring high foot traffic and convenient access for employees and customers. This prime retail location presents an unparalleled chance to establish or expand a business within a vibrant and affluent neighborhood. The property's size and prominent location make it ideal for a wide range of retail uses, from flagship stores to expansive showrooms. The sublease opportunity offers a flexible and potentially cost-effective entry point into this coveted market. Detailed lease terms are available upon request. This is a rare chance to secure a significant retail presence in a highly sought-after area of Manhattan. The property is classified as Commercial Retail and is located at the intersection of Park Avenue and East 41st/42nd Streets.
Value Estimations
based on Realmo’s proprietary methodology
-
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $332,420,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $281,590,000 Change: -15% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- New York
- County
- New York
- State
- New York
- Longitude
- -73.9775
- Latitude
- 40.7516
- 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
$10,375,017
$12,870,000
$85,081,440
$97,951,440
-
$28,600,000
$212,643,000
$241,243,000
