New York  »  Manhattan  »  10022  »  Midtown East

500 Park Avenue, New York, NY 10022

Midtown East, Midtown Manhattan, Manhattan
Building in Midtown East
11 Stories
Built in 1960
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Welcome to 500 Park Avenue, a building located in Midtown East, Midtown Manhattan, Manhattan in New York, NY. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1960. This is a relatively tall building with a total of 11 floors. Tenants may find it interesting to learn that this building has been designated as a landmark. That's pretty cool! The building landmark name is INDIVIDUAL LANDMARK. According to local assessors, the total value of the building is currently valued at $21,262,500. Specifically, the value of the land that the property sits on has been assessed at $5,445,000. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Amenities
Doorman
Elevator
Policies
Cats Allowed
Dogs Allowed
Facts
General
Year Built
1960
Effective Year Built
1982
Building Count
1
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
unknown
Building Style
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
11
Total Unit Count
13
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Unit Count
Building Floor Area
Commercial Building Floor Area
103,178
Office Building Floor Area
97,344
Retail Building Floor Area
5,824
Storage Building Floor Area
10
Floor Area Ratios
Building Area Source
2
Building
Building Type
unknown
Lot Type
3
Land Acres
0.287
Land Use
05
Standard Land Use Code
Miscellaneous (general)
County Land Use Code
unknown
Irregular Lot Code
N
Extension Code
N
Sanborn Map Number
106E039
Ownership
Current Owner's Name
PPF OFF 500 PARK AVENUE, LLC
Neighborhood
Census Block
1000
Community District
105
City Council District
4
Landmark Name
INDIVIDUAL LANDMARK
Police Precinct
18
Fire Company
E008
Health Area
4800
Sanitation District Borough
1
Sanitation Subsection
2B
School District
02
School District Name
New York City Department Of Education
School Tax School District
MANHATTAN
Census Tract
011202
Census Block Code
1000
Census Group
1
Census Year
2020
Census - Combined Statistical Area - Area Code
408
Census - Combined Statistical Area - Area Name
New York-Newark, NY-NJ-CT-PA
Census - County FIPS
36061
Census - Full FIPS
360610112021000
Census - Metropolitan Division - Area Code
35614
Census - Metropolitan Division - Area Name
New York-Jersey City-White Plains, NY-NJ
Census - Metro Micro Statistical Area - Area Code
35620
Census - Metro Micro Statistical Area - Area Name
New York-Newark-Jersey City, NY-NJ-PA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
3651000
Census Source
US Census Bureau
Census State FIPS
36
Census Tract 2010
011202
Census Tract Code
011202
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
3620580
School District - Unified - Name
New York City Department Of Education
Zoning
Split Boundary Zone Indicator
N
Zoning
C5-3
Special Purpose District 1
MiD
Zoning Map Number
8c
Geography
Account Number
1-01294-7501
District
05
Section
503
Parcel
01294-7501
Borough Name
MN
Borough Code
1
Block
1294
Lot
37
Lot Code
unknown
Borough Block Lot
1012940037
Latitude
40.763
Longitude
-73.9707
Apportionment BBL
1012940037
Apportionment Date
Dec 05, 1984
FIPS
36061
Mailing Carrier Code
C080
Mailing Full Street Address
675 3RD AVE
Mailing House Number
675
Mailing Street Mode
AVE
Mailing Street
3RD
Mailing 4-Digit Zip Code
5704
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
X Coordinates
992462
Y Coordinates
217221
Valuation
Timestamp
2024-02-08 19:41:13
UCID Flag
C
Pluto Map ID
1
More About The Building
In total, the building area is listed as 245,468 square feet. To break it down, the depth of the building was measured at 125 square feet and the front is listed as 100 square feet. In comparison, the lot area is listed as 12,500 square feet. The depth of the property lot was measured at 125 square feet and the front at 100 square feet. The building itself has 103,178 square footage of total floor area. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 500 Park Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Midtown East area have a median price of $4,547. Those in the 25th percentile, have a price around $3,500. While those in the 75th percentile, have a price around $6,185. Typically, the buildings in this area have a median sqft of 800. That means that the median price per sqft is around $6. In other words, the price per sqft for buildings in the 25th percentile is $6. While the price per sqft for buildings in the 75th percentile is $7. As a breakdown, we've included the following stats:

  • There are currently a total of 259 studio listings. The median price for these types of listings is $3,400. That's $6.29 price per sqft.

  • There are currently a total of 273 one bedroom listings. The median price for these types of listings is $4,500. That's $6.77 price per sqft.

  • There are currently a total of 264 two bedroom listings. The median price for these types of listings is $5,300. That's $5.48 price per sqft.

  • There are currently a total of 79 three bedroom listings. The median price for these types of listings is $8,200. That's $6.12 price per sqft.

  • There are currently a total of 49 four bedroom listings. The median price for these types of listings is $8,450. That's $5.47 price per sqft.
About The Area
500 Park Avenue is located in New York County, New York. There are 1,634,989 people living here. There are 753,385 households. Most of these households have an average family size of 3.09 people. According to the census, 77% are currently renting while 23% own their homes. The median age of this population is around 36.7 years old. On average, most folks in the county are unmarried. About 40% of folks speak a language other than English in this area. The area's employment rate is currently around 62.9%. Speaking of employment, the median income is $75,513. Most folks will commute by public transportation for around 31.4 minutes. Finally, we know that 13% of residents in the area have graduated with their high school degree. Additionally, 32% and 29% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. New York - Newark, NY - NJ - CT Urban Area has a population of 18,812,161 people. Based on census records, there are 6,707,347 registered households. Families in this area are on average made up of 3.42 people per household. Most folks are unmarried. They are also typically around 37.8 years old. Does diversity matter to you? Right now, 40% of folks speak a language other than English here. About 50% rent while 50% purchased their homes. Right now, the community is made up of 25% of residents who have graduated with at least a high school degree. On top of that, 22% have a Bachelor's degree and 16% have a Master's degree. The employment rate is currently around 59.7%. Those employed, have a median income of $68,319.

$3,400
Studio Median Rent
$4,500
1BR Median Rent
$5,300
2BR Median Rent
$8,200
3BR Median Rent
PUBLIC TRANSIT
SIM24
SIM23
Madison Av/E 59 St (Under 500 ft - 3 min walk)
Academy Bus
4
5
6
6X
59 St (680 ft - 3 min walk)
MTA New York City Transit
N
R
W
Lexington Av/59 St (860 ft - 4 min walk)
MTA New York City Transit
SIM23
5 Av/W 59 St (880 ft - 4 min walk)
Academy Bus
SIM24
5 Av/W 59 St (890 ft - 4 min walk)
Academy Bus

Nearby Schools

(within attendance boundary)
213 E 63rd St, New York, NY 10065
Public  •  Elementary  •  Grades KG to 5
New York City Geographic District # 2
JHS 104 SIMON BARUCH  •  1.94 mi
330 E 21st St, New York, NY 10010
Public  •  Middle School  •  Grades 6 to 8
New York City Geographic District # 2
328 W 48th St, New York, NY 10036
Public  •  High School  •  Grades 6 to 12
New York City Geographic District # 2
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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