450 PARK AVENUE
BBL 1012920037 · Class O4 · Built 1972 · 32 floors · 62 units · 450 PARK FEE OWNER LP
450 PARK AVENUE is a property in New York City zoned C5-3. The C5-3 classification is Commercial C5-3. The structure was built in 1972. It has 32 floors. The building contains 296,915 square feet. Built FAR is 22.2 of 10 maximum allowed. Assessed value is $80,460,900. Last sold for $445,000,000 in June 2022. Located in Council District 4.
You can build 201K sf as-of-right. The lot uses 148% of it today.
Governing use: commercial at FAR 15.00 on a 13,375 sqft lot. As-of-right means no rezoning, no variance — figures from PLUTO; verify with a zoning attorney before you underwrite.
The envelope, itemized
Every time the city discussed this parcel
No development cases on file for this parcel
When a ULURP, BSA, or landmark application touches this lot, it appears here with its full hearing trail.
Ownership chain
20 recorded transfers| Date | Type | Price | From → To |
|---|---|---|---|
| Jun 30, 2022 | DEED | $445,000,000 | 450 PROPERTY OWNER (US), LLC→450 PARK FEE OWNER LP |
| Jun 3, 2014 | DEED | $545,750,000 | 450 PARK AVENUE LLC→450 PROPERTY OWNER (US), LLC |
| Dec 4, 2007 | DEED | $509,000,000 | 450 PARK LLC→450 PARK AVENUE LLC |
| Jul 9, 2002 | DEED | — | 450 PARK AVENUE ASSOCIATES, LLC→450 PARK LLC |
| Jan 20, 1987 | DEED | — | NINETEEN NY PROPERTSLTD→450 PARK AVE ASSOCS |
| Jan 20, 1984 | DEED | — | JOHN D & CATHERINE TETC→NINETEEN NEW YORK ETC. |
| Jan 10, 1984 | DEED | — | ILFIN COMPANY, INC.→JOHN D. & CATHERINEETC. |
| Nov 3, 1976 | DEED | — | FEDERAL DEPST INS CORP→ILFIN COMPANY INC |
| Nov 21, 1974 | DEED | — | FEDERAL DEPST INS CORP→FEDERAL DPST INS CORP |
| Mar 7, 1972 | DEED | — | EAST CHICKEN INC→450 PARK AVE ASSC |
| Mar 7, 1972 | DEED | — | 450 PARK AVE ASSC→ALLIGATOR SQ CORP |
| Mar 7, 1972 | DEED | — | ALLIGATOR SQ CORP→FRANKLIN NATNL BNK |
| Jan 14, 1972 | DEED | — | 450 PARK AVE ASSC→EAST CHICKEN INC |
| May 27, 1971 | DEED | — | 450 PRK AVE ASSOC→REVLTN PROP CP |
| May 27, 1971 | DEED | — | REVLTN PROP CP→450 PRK AVE ASSOC |
| Mar 18, 1971 | DEED | — | 450 PRK AVE ASSOC CORP→REVLTN CORP |
| Mar 18, 1971 | DEED | — | REVLTN PROP CORP→450 PRK AVE ASSOC |
| Dec 23, 1969 | DEED | — | ALLIGATOR SQR CORP→450 PRK AVE ASSOC |
| Dec 22, 1969 | DEED | — | 450PRK AVE ASSOC→ALLIGATOR SQR CORP |
| Jun 3, 1969 | DEED | — | ALLIGATOR CAP CO→E CHICKEN INC |