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Manhattan / Murray Hill-Kips Bay / 10016

425 PARK AVENUE SOUTH

Boro1
Block885
Lot1
BBL1008850001
Class D4
Residential units
74
Units in total
76
Storeys
20
Year built
1927
Last alteration on file
1988
Recorded transfers
100 since 2003
01

What has sold here

Every transfer the City has recorded against this lot since 2003 with a consideration above zero. A co-op apartment has no deed, so its sale is recorded as a Real Property Transfer Tax return instead; both are printed here and the instrument is named in the last column. The figure is the consideration as filed, which is not always the price a buyer would recognise.

RecordedConsiderationUnitWhat transferredInstrument
14 May 2026$975,00020BSINGLE RESIDENTIAL COOP UNITRPTT&RET
15 Jan 2026$950,0009DSINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Sep 2025$850,0002CSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Feb 2025$800,0007BSINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Sep 2024$900,00015ASINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Jun 2024$1,195,00020DSINGLE RESIDENTIAL COOP UNITRPTT&RET
7 May 2024$999,99914BSINGLE RESIDENTIAL COOP UNITRPTT&RET
3 May 2023$1,323,00011BSINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Aug 2022$2,600,0005ABSINGLE RESIDENTIAL COOP UNITRPTT&RET
31 May 2022$1,350,00018DSINGLE RESIDENTIAL COOP UNITRPTT&RET
26 Apr 2022$1,192,5006BSINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Mar 2022$980,00018ASINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Jan 2022$840,0004ASINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Jun 2021$1,087,50020CSINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Mar 2021$875,0008ASINGLE RESIDENTIAL COOP UNITRPTT&RET
10 Mar 2021$948,00014ASINGLE RESIDENTIAL COOP UNITRPTT&RET
11 Feb 2021$2,280,00014CDSINGLE RESIDENTIAL COOP UNITRPTT&RET
16 Oct 2019$2,800,0008BCSINGLE RESIDENTIAL COOP UNITRPTT&RET
8 May 2019$2,025,00020ABSINGLE RESIDENTIAL COOP UNITRPTT&RET
5 Feb 2019$750,0003ASINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Nov 2018$1,257,00018BSINGLE RESIDENTIAL COOP UNITRPTT&RET
23 Aug 2018$990,00018DSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Dec 2017$999,00018ASINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Dec 2017$1,280,00015CSINGLE RESIDENTIAL COOP UNITRPTT&RET
13 Dec 2017$1,250,0004BSINGLE RESIDENTIAL COOP UNITRPTT&RET
7 Sep 2017$985,0003DSINGLE RESIDENTIAL COOP UNITRPTT&RET
22 Dec 2016$1,620,0003BSINGLE RESIDENTIAL COOP UNITRPTT&RET
27 Sep 2016$1,150,00019DSINGLE RESIDENTIAL COOP UNITRPTT&RET
3 Mar 2016$1,100,00019CSINGLE RESIDENTIAL COOP UNITRPTT&RET
6 Jan 2016$998,00020CSINGLE RESIDENTIAL COOP UNITRPTT&RET
25 Nov 2015$1,180,0003BSINGLE RESIDENTIAL COOP UNITRPTT&RET
30 Sep 2015$1,230,00019BSINGLE RESIDENTIAL COOP UNITRPTT&RET
11 May 2015$810,00018ASINGLE RESIDENTIAL COOP UNITRPTT&RET
5 May 2015$945,00020DSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Jan 2015$999,0009ASINGLE RESIDENTIAL COOP UNITRPTT&RET
24 Sep 2014$875,0003ASINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Jul 2014$1,053,00019DSINGLE RESIDENTIAL COOP UNITRPTT&RET
29 May 2014$1,150,00016BSINGLE RESIDENTIAL COOP UNITRPTT&RET
21 Nov 2013$955,00010BSINGLE RESIDENTIAL COOP UNITRPTT&RET
24 Sep 2013$1,460,00021ASINGLE RESIDENTIAL COOP UNITRPTT&RET
100 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them.
RPTT&RET
BOTH RPTT AND RETT. A New York City Real Property Transfer Tax return filed together with the New York State return. A co-operative apartment sale conveys shares rather than real property, so this return, and not a deed, is what gets recorded.

By year

YearTransfersMedian recordedLowestHighest
20262$962,500$950,000$975,000
20252$825,000$800,000$850,000
20243$999,999$900,000$1,195,000
20231$1,323,000--
20225$1,192,500$840,000$2,600,000
20214$1,017,750$875,000$2,280,000
20193$2,025,000$750,000$2,800,000
20182$1,123,500$990,000$1,257,000
20174$1,124,500$985,000$1,280,000
20164$1,125,000$998,000$1,620,000
20155$999,000$810,000$1,230,000
20143$1,053,000$875,000$1,150,000
20134$940,000$740,000$1,460,000
20125$840,000$755,000$935,000
20118$705,000$550,000$790,000
20107$630,000$300,000$975,000
20091$750,000--
20088$827,500$699,000$2,950,000
20078$719,500$650,000$2,195,000
20067$739,000$645,000$1,540,000
200512$725,000$539,000$1,290,000
20042$574,500$499,000$650,000
02

The building on the lot

Section through the lot

LOT 5,293 SQ FT20
Drawn from PLUTO: 20 storeys, 109,012 sq ft of building on 5,293 sq ft of lot, an average floor plate covering 100% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
5,293 sq ft
Building area
109,012 sq ft
Residential area
102,977 sq ft
Commercial area
6,035 sq ft
Office area
-
Retail area
4,035 sq ft
Buildings on the lot
1
Built floor area ratio
20.6
Residential FAR permitted
10
Zoning district
C6-4A
03

Assessment

Assessed land value
$1,188,000
Assessed total value
$13,940,550
Exempt value
$137,081
Assessed per residential unit
$188,386

Assessed value is the figure the Department of Finance uses to levy property tax. For a class two building it is derived from an income approach and it is capped in how fast it can rise. It is not a market valuation and the two figures routinely differ by a wide margin. What the assessment does and does not tell you.

04

Classification and location

Building class
D4ELEVATOR COOPERATIVE
Neighbourhood
Murray Hill-Kips Bay
ZIP code
10016
Community district
Manhattan 5
Council district
2
Coordinates
40.743974, -73.983241
05

Other buildings in Murray Hill-Kips Bay

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
333 EAST 30 STREETRM1,1171962733$795k
500 2 AVENUED689419751-
235 EAST 42 STREETD688419600-
330 EAST 38 STREETRM8301989858$1.17m
1 TUDOR CITY PLACED47991930634$320k
151 EAST 31 STREETD670919880-
300 EAST 40 STREETRM5861967475$765k
219 EAST 42 STREETD656119050-
685 FIRST AVENUERM5562016151$2.41m
330 EAST 39 STREETD651019800-
630 1 AVENUERM4841984427$875k
222 EAST 34 STREETD848020020-

Every building on file in Murray Hill-Kips Bay