250 Park Avenue, Manhattan
Commercial · built c. 1924 · Block 1282, Lot 34.
Building permits
- Alteration, filed Jul 10, 2026, estimated cost $24K, described as “Installation of sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Jun 2, 2026, described as “Installation of suspended scaffold for facade work or inspection.”
- Alteration, filed May 18, 2026, estimated cost $5K, described as “Facade repairs. No change in egress, use or occupancy.”
- Alteration, filed Apr 3, 2026, estimated cost $91K, described as “AT&T - Decommission of existing installation. Removal of cabinets on roof. Platform to remain. Removal of related antenna sectors and conduits on roof. All work in compliance with TPPN 5/98. No change to occupancy, use, or egress.”
- Alteration, filed Mar 13, 2026, described as “IRA Rope Access Facade Inspection”
- Alteration, filed Sep 29, 2025, estimated cost $2K, described as “Heavy duty sidewalk shed during bldg alt at 383 madison ave, filed sep under app # M01189557 for removal of existing buildings envelope curtainwall system. Shed shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress…”
- Alteration, filed May 23, 2025, estimated cost $87K, described as “Filing to decom existing antenna site.Removal of 6 antennas, 3 RRU's, 1 GPS & equip platform on the roof. Initial install approved under app # 1M00655454. No change in use, egress, or occupancy. Carrier T-MOBILE”
- Alteration, filed Dec 11, 2024, estimated cost $975K, described as “General construction taking place on 2ND floor as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Dec 10, 2024, estimated cost $215K, described as “Plumbing modifications taking place on 2ND floor as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Dec 10, 2024, estimated cost $145K, described as “Mechanical modifications taking place on 2ND floor as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Dec 10, 2024, estimated cost $23K, described as “Sprinkler modifications taking place on 2ND floor as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Nov 5, 2024, estimated cost $13K, described as “Installation of structural supports for the two exterior flag poles. No changes to use, egress or occupancy.”
- Alteration, filed Aug 7, 2023, estimated cost $4K, described as “Heavy duty sidewalk shed during NB const, filed at (270 park avenue). Sidewalk shed shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed May 24, 2023, estimated cost $35K, described as “Remove (2) existing sprinkler head and associated piping; Relocate (16) existing sprinkler heads and associated piping on the 6th Floor as per plans (Region's Bank.) No change to use, egress or occupancy.”
- Alteration, filed May 15, 2023, estimated cost $130K, described as “Modifications to the existing HVAC System: Relocation and Installation of new ductwork and controls on the 6th Floor as per plans (Region's Bank.) No change to use, egress or occupancy.”
- Alteration, filed May 1, 2023, estimated cost $675K, described as “Minor interior demolition; Remove flooring, tile & carpet, minor partitions, reception desk and furniture. Installation of new interior partitions doors, suspended ceilings, flooring and finishes on the 6th Floor as per plans (Region's…”
- Alteration, filed Mar 13, 2023, estimated cost $9K, described as “Plumbing Modifications: Installation of (1) coffeemaker and Cold Water Piping on the 7th Floor as per plans (Regus #1508.) No change to use, egress or occupancy.”
- Alteration, filed Mar 13, 2023, estimated cost $280K, described as “Minor interior demo: Remove flooring, wall covering, reception desk & lighting. Installation of new flooring, paint, lighting, glass door, wood panels and finishes on the 7th Floor as per plans (Regus #1508.) No change to use, egress or…”
- Alteration, filed Mar 3, 2023, estimated cost $130K, described as “A.Renovation of 3 existing offices, one conference room, and one pantry into two new storage rooms. Storage rooms are 2 hour rated. All work is located on the 9th floor of 250 Park Avenue.”
- Alteration, filed Jan 31, 2023, estimated cost $50K, described as “Minor interior demolition. Installation of new interior partitions, doors, suspended ceilings, flooring and finishes on the 14th Floor as per plans (Signature by Regus.) No change to use, egress or occupancy.”
- Alteration, filed Nov 1, 2022, estimated cost $62K, described as “Install new plumbing fixtures: (1) HWH, (1) Water Dispenser, (1) DW, (1) Sink, (1) CM, (1) FD, (1) Backflow Preventer and associated CW/sanitary piping on the 20th Floor as per plans (Suite #2020 - Jockey Club.) No change to use, egress or…”
- Alteration, filed Oct 20, 2022, estimated cost $29K, described as “Modifications to the existing Sprinkler System: Installation of (56) new sprinkler heads and associated sprinkler piping on the 20th Floor as per plans (Suite #2020 - Jockey Club.) No change to use, egress or occupancy.”
- Alteration, filed Oct 20, 2022, estimated cost $145K, described as “Modifications to the existing HVAC system: replace all existing belts and filters and relocate ductwork and accessories on the 20th Floor as per plans (Suite #2020 Jockey Club.) No change to use, egress or occupancy.”
- Alteration, filed Oct 19, 2022, estimated cost $137K, described as “Installation of new interior partitions, doors, suspended ceilings, flooring and finishes on the 20th Floor as per plans (#2020 Jockey Club.) No change to use, egress or occupancy.”
- Alteration, filed Oct 12, 2022, estimated cost $396, described as “Erect a non-illuminated business accessory wall sign. No change in use, egress, or occupancy.”
45 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $73,718,550
- 2026–27 tax
- $7,996,988
- Market value (city estimate)
- $163,819,000
- Taxable value
- $73,718,550
- Assessed land
- $13,882,500
- Assessed improvements
- $59,836,050
Zoning
C5-3: floor area ratio 20.82 built, above the 15.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Aug 15, 2024: $320,152,500
- Feb 28, 2020: $33,072,265, 519,783 sq ft, sold with other lots
Open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- Greater East Midtown - Special Subdistrict (City Planning P2016M0316): Completed, decided Aug 15, 2017. This is an application by NYC Department of City Planning requesting a text amendment to establish the East Midtown Subdistrict and extend the Special Midtown District, and to rezone a half-block area from C5-2 to C5-3 to reinforce the…