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Manhattan / East Midtown-Turtle Bay / 10022

485 PARK AVENUE

Boro1
Block1313
Lot1
BBL1013130001
Class D4
Residential units
23
Units in total
25
Storeys
14
Year built
1922
Last alteration on file
1987
Recorded transfers
19 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
16 Jul 2026$2,700,0004BSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 May 2026$2,500,0001BSINGLE RESIDENTIAL COOP UNITRPTT&RET
29 Dec 2025$10,964,53912FLSINGLE RESIDENTIAL COOP UNITRPTT&RET
18 Dec 2025$5,300,00011 FLSINGLE RESIDENTIAL COOP UNITRPTT&RET
26 Sep 2023$1,650,0009ASINGLE RESIDENTIAL COOP UNITRPTT&RET
1 Dec 2022$2,900,0002ASINGLE RESIDENTIAL COOP UNITRPTT&RET
26 Apr 2021$5,500,00014 FLSINGLE RESIDENTIAL COOP UNITRPTT&RET
9 Jan 2020$2,425,0009ASINGLE RESIDENTIAL COOP UNITRPTT&RET
2 Feb 2017$3,850,0007BSINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Dec 2016$3,000,0004ASINGLE RESIDENTIAL COOP UNITRPTT&RET
20 Oct 2014$3,538,4069BSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Aug 2013$10,125,00012THSINGLE RESIDENTIAL COOP UNITRPTT&RET
14 Aug 2013$150,000SR11SINGLE RESIDENTIAL COOP UNIT3 lotsRPTT&RET
23 Jul 2013$2,733,7507ASINGLE RESIDENTIAL COOP UNITRPTT&RET
17 Dec 2012$9,136,00011FLRSINGLE RESIDENTIAL COOP UNITRPTT&RET
19 Jan 2012$2,835,0009BSINGLE RESIDENTIAL COOP UNITRPTT&RET
8 Jun 2006$2,200,0005BSINGLE RESIDENTIAL COOP UNITRPTT
28 Jun 2005$3,000,0002ASINGLE RESIDENTIAL COOP UNITRPTT
26 Jul 2004$2,300,0007BSINGLE RESIDENTIAL COOP UNITRPTT
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.
RPTT
NYC REAL PROPERTY TRANSFER TAX. A New York City Real Property Transfer Tax return filed on its own.

By year

YearTransfersMedian recordedLowestHighest
20262$2,600,000$2,500,000$2,700,000
20252$8,132,270$5,300,000$10,964,539
20231$1,650,000--
20221$2,900,000--
20211$5,500,000--
20201$2,425,000--
20171$3,850,000--
20161$3,000,000--
20141$3,538,406--
20133$2,733,750$150,000$10,125,000
20122$5,985,500$2,835,000$9,136,000
20061$2,200,000--
20051$3,000,000--
20041$2,300,000--
02

The building on the lot

Section through the lot

LOT 6,787 SQ FT14
Drawn from PLUTO: 14 storeys, 82,644 sq ft of building on 6,787 sq ft of lot, an average floor plate covering 87% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
6,787 sq ft
Building area
82,644 sq ft
Residential area
77,244 sq ft
Commercial area
5,400 sq ft
Office area
-
Retail area
5,400 sq ft
Buildings on the lot
1
Built floor area ratio
12.18
Residential FAR permitted
10
Zoning district
C5-3
03

Assessment

Assessed land value
$1,962,000
Assessed total value
$10,574,100
Exempt value
$0
Assessed per residential unit
$459,743

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
East Midtown-Turtle Bay
ZIP code
10022
Community district
Manhattan 5
Council district
4
Coordinates
40.762287, -73.969786
05

Other buildings in East Midtown-Turtle Bay

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
400 EAST 56 STREETD46291969580$835k
245 EAST 54 STREETD44441977574$630k
984 1 AVENUED739719300-
420 EAST 54 STREETD739419821-
1084 2 AVENUED43711968432$438k
300 EAST 56 STREETD636919751-
60 SUTTON PLACE SOUTHD43671951382$775k
845 UNITED NATIONS PLAZARM3622000508$2.25m
150 EAST 44 STREETD836020000-
300 EAST 54 STREETD43601977295$808k
425 EAST 58 STREETD43481975265$1.69m
305 EAST 45 STREETD43381929443$758k

Every building on file in East Midtown-Turtle Bay