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Manhattan / Midtown-Times Square / 10022

500 PARK AVENUE

Boro1
Block1294
Lot7501
BBL1012947501
Class RM
Residential units
56
Units in total
57
Storeys
39
Year built
1982
Last alteration on file
-
Recorded transfers
44 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
25 Feb 2026$1,185,00015CSINGLE RESIDENTIAL CONDO UNITDEED
19 Feb 2026$1,825,00015ESINGLE RESIDENTIAL CONDO UNITDEED
28 Feb 2025$2,950,00024ASINGLE RESIDENTIAL CONDO UNITDEED
25 Nov 2024$3,525,00028ASINGLE RESIDENTIAL CONDO UNITDEED
11 Jun 2024$1,675,00016DSINGLE RESIDENTIAL CONDO UNITDEED
8 Feb 2024$4,150,00038ASINGLE RESIDENTIAL CONDO UNITDEED
13 Oct 2023$7,500,00034SINGLE RESIDENTIAL CONDO UNITDEED
7 Aug 2023$3,550,00033ASINGLE RESIDENTIAL CONDO UNITDEED
15 May 2023$3,500,00034BSINGLE RESIDENTIAL CONDO UNITDEED
6 Jan 2022$3,600,00030ASINGLE RESIDENTIAL CONDO UNITDEED
28 Jun 2021$3,200,00024ASINGLE RESIDENTIAL CONDO UNITDEED
8 Jun 2021$1018DSINGLE RESIDENTIAL CONDO UNITDEED
15 Apr 2021$1,050,00037CSINGLE RESIDENTIAL CONDO UNITDEED
30 Oct 2020$7,300,00031A/BSINGLE RESIDENTIAL CONDO UNITDEED
4 Sep 2020$2,986,50030ASINGLE RESIDENTIAL CONDO UNITDEED
27 Jun 2019$8,975,00036ASINGLE RESIDENTIAL CONDO UNITDEED
9 Jan 2019$9,300,00037A/BSINGLE RESIDENTIAL CONDO UNITDEED
28 Nov 2017$1015ESINGLE RESIDENTIAL CONDO UNITDEED
18 Dec 2015$5,500,00019BSINGLE RESIDENTIAL CONDO UNITDEED
19 Dec 2014$8,100,00034ASINGLE RESIDENTIAL CONDO UNITDEED
26 Feb 2014$5,600,00020BSINGLE RESIDENTIAL CONDO UNITDEED
6 Jan 2012$5,450,00020ASINGLE RESIDENTIAL CONDO UNITDEED
31 Aug 2011$4,525,00028BSINGLE RESIDENTIAL CONDO UNITDEED
25 May 2011$6,675,00025ASINGLE RESIDENTIAL CONDO UNITDEED
16 Feb 2011$3,880,00019BSINGLE RESIDENTIAL CONDO UNITDEED
15 Dec 2010$4,000,00021BSINGLE RESIDENTIAL CONDO UNITDEED
4 Nov 2010$3,380,00014FSINGLE RESIDENTIAL CONDO UNITDEED
30 Jul 2010$205,00014M3SINGLE RESIDENTIAL CONDO UNITDEED
7 May 2010$4,000,00027BSINGLE RESIDENTIAL CONDO UNITDEED
22 Dec 2009$5,250,00030BSINGLE RESIDENTIAL CONDO UNITDEED
26 Aug 2009$6,750,00024BSINGLE RESIDENTIAL CONDO UNITDEED
21 May 2009$5,000,00035BSINGLE RESIDENTIAL CONDO UNITDEED
25 Mar 2008$5,765,00030BSINGLE RESIDENTIAL CONDO UNITDEED
22 Jan 2007$7,800,00027ASINGLE RESIDENTIAL CONDO UNITDEED
12 Jan 2007$4,500,00012SINGLE RESIDENTIAL CONDO UNITDEED
3 Oct 2005$3,384,00020ASINGLE RESIDENTIAL CONDO UNITDEED
22 Jul 2005$3,700,00027ASINGLE RESIDENTIAL CONDO UNITDEED
19 Jul 2005$1,255,00018CSINGLE RESIDENTIAL CONDO UNITDEED
3 Jun 2005$3,400,00019ASINGLE RESIDENTIAL CONDO UNITDEED
6 Apr 2005$3,250,00035BSINGLE RESIDENTIAL CONDO UNITDEED
44 transfers are recorded against this building since 2003. The 40 most recent are printed here; the yearly summary above counts all of them.
DEED
DEED. Conveys real property: a condominium apartment, or an entire building and the land under it.

By year

YearTransfersMedian recordedLowestHighest
20262$1,505,000$1,185,000$1,825,000
20251$2,950,000--
20243$3,525,000$1,675,000$4,150,000
20233$3,550,000$3,500,000$7,500,000
20221$3,600,000--
20213$1,050,000$10$3,200,000
20202$5,143,250$2,986,500$7,300,000
20192$9,137,500$8,975,000$9,300,000
20171$10--
20151$5,500,000--
20142$6,850,000$5,600,000$8,100,000
20121$5,450,000--
20113$4,525,000$3,880,000$6,675,000
20104$3,690,000$205,000$4,000,000
20093$5,250,000$5,000,000$6,750,000
20081$5,765,000--
20072$6,150,000$4,500,000$7,800,000
20055$3,384,000$1,255,000$3,700,000
20041$3,900,000--
20033$2,000,000$1,550,000$2,550,000
02

The building on the lot

Section through the lot

LOT 12,500 SQ FT39
Drawn from PLUTO: 39 storeys, 190,608 sq ft of building on 12,500 sq ft of lot, an average floor plate covering 39% of it. It is a diagram of recorded figures, not a picture of the building.
Lot area
12,500 sq ft
Building area
190,608 sq ft
Residential area
121,634 sq ft
Commercial area
68,974 sq ft
Office area
68,974 sq ft
Retail area
-
Buildings on the lot
1
Built floor area ratio
15.25
Residential FAR permitted
10
Zoning district
C5-2.5
03

Assessment

Assessed land value
$11,249,991
Assessed total value
$43,980,285
Exempt value
$1,958,697
Assessed per residential unit
$785,362

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
RM
Neighbourhood
Midtown-Times Square
ZIP code
10022
Community district
Manhattan 5
Council district
4
Coordinates
40.763029, -73.970677

The Department of Finance building classification list does not publish a description for code RM. On this site that code appears almost only on condominium billing lots.

05

Other buildings in Midtown-Times Square

AddressClassRes. unitsBuiltTransfersMedian apartment, 5 yr
680 8 AVENUED565219201-
250 WEST 50 STREETD6550199811-
235 WEST 56 STREETRM48219870-
235 WEST 48 STREETD847719892-
770 8 AVENUED646420010-
76179 7 AVENUERM4451927453$650k
242 WEST 53 STREETD842620150-
1752 BROADWAYD6396197915-
890 8 AVENUERM39420030-
870 8 AVENUED638119650-
980 AVENUE OF THE AMERICASD638019860-
66 WEST 38 STREETRM37420010-

Every building on file in Midtown-Times Square