407 Park Avenue, Manhattan
Vacant land · Block 1309, Lot 69.
Building permits
- Alteration, filed Feb 16, 2022, estimated cost $3K, described as “Installation of heavy duty sidewalk shed during bldg alteration, filed sep. Sidewalk shed shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Feb 16, 2022, estimated cost $2K, described as “Installation of temporary scaffold as per drawings. Scaffold shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Feb 16, 2022, estimated cost $2K, described as “Installation of plywood fence as per drawings. Plywood fence shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Feb 1, 2022, estimated cost $20K, described as “The plans enclosed depict the extent, sequence, means and methods for the proposed non-structural removals at the 2 story building located at 407 park avenue borough of manhattan, new york, 10022.”
- Alteration, filed Sep 2, 2021, estimated cost $1K, described as “Storage of material / equipment on top of heavy duty sidewalk shed. Storage shall not exceed 25 psf. Shed filed under separate application. Storage shall comply with CH#33 of the NYC bc. No change in use, occupancy or egress under this…”
- Alteration, filed Jul 26, 2021, estimated cost $2K, described as “Installation of temporary trolley beam system as per drawings. Temporary trolley beam shall comply with ch #33 of the NYC bc. No change in use, occupancy or egress under this application.”
- Alteration, filed Apr 6, 2021, estimated cost $10K, described as “Means & methods to convert existing standpipe to dry standpipe w/air pressurized alarm during full demo (job# 123922345). Standpipe cut and cap during the progression of demolition.”
- Alteration, filed Jan 11, 2021, estimated cost $10K, described as “Installation of a single 2000 # capacity personnel/material hoist during bldg demolition, filed sep. Hoist shall comply with ch 33 of the NYC bc. No change in use, occupancy or egress under this app. Elevator app submitted seperately to…”
- Alteration, filed Jan 11, 2021, estimated cost $2K, described as “Installation of temporary roof protection at the adjacent properties during bldg demolition filed sep. Temporary roof protection shall comply with chapter #33 of the NYC building code. No change in use, occupancy or egress under this…”
- Alteration, filed Jan 11, 2021, estimated cost $3K, described as “Installation of plywood fence during building demolition as per drawings. Plywood fence shall comply with chapter #33 of the NYC building code. No change in use, occupancy or egress under this application.”
- Alteration, filed Jan 11, 2021, estimated cost $3K, described as “Installation of scaffold during bldg demolition as per drawings. Scaffold shall comply with chapter #33 of the NYC building code. No change in use, occupancy or egress under this application.”
- Alteration, filed Jan 11, 2021, estimated cost $3K, described as “Installation of temporary overhead protection during bldg. Demolition, filed separately. Temporary overhead protection shall comply with chapter #33 of the NYC building code. No change in use, occupancy or egress under this application.”
- Alteration, filed Jan 11, 2021, estimated cost $3K, described as “Installation of heavy duty sidewalk shed during building demolition, filed separately. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy or egress under this application.”
- Alteration, filed Oct 15, 2020, estimated cost $100K, described as “Please see revised plans & schedule b reflecting cap and removal of water service in conjunction with demo permits 123922345 & 123906924. Both buildings 417 & 407 park ave have been completely demolished at this time.”
- Alteration, filed Oct 28, 2019, described as “Installation of sidewalk shed as per plans. No change in use, egress or occupancy.”
Property taxes
- Assessment
- $8,363,700
- 2026–27 tax
- $593,612
- Market value (city estimate)
- $18,586,000
- Taxable value
- $5,472,090
- Assessed land
- $8,363,700
Zoning
C5-3: floor area ratio 0.00 built, 15.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Apr 17, 2026: $251,715,000
- Feb 18, 2020: $5,363,105, Apt SRP-5
- Feb 18, 2020: $4,439,108, Apt 9NW
- Feb 18, 2020: $5,704,000, Apt 6E
- Feb 18, 2020: $5,285,379, Apt 9E
- Feb 18, 2020: $5,129,918, Apt 8E
- Feb 18, 2020: $3,575,400, Apt 12D
- Feb 18, 2020: $11,524,995, Apt SR4-O
- Feb 18, 2020: $6,739,077, Apt 1W
- Feb 18, 2020: $8,403,742, Apt 11W
The 10 most recent of 26 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…
In the news
417 Park Avenue Readies for Excavation in Midtown East, Manhattan, New York YIMBY, Jul 24, 2022.