448 Park Avenue
448 PARK AVENUE, New York, NY, USA in Midtown East, Manhattan is a property zoned C5-3. The building spans built in 1972, 296,915 gross square feet, 32 floors, 62 units. It last traded for $445M in June 2022, and is held by 450 PARK FEE OWNER LP. Below, Crezly Research breaks down the building's ownership, debt profile, and recent nearby sales from New York City public records.
The building
| Address | 448 PARK AVENUE, New York, NY, USA |
| BBL (Borough-Block-Lot) | 1-1292-37 |
| Zoning district | C5-3 |
| Year built | 1972 |
| Gross floor area | 296,915 sq ft |
| Lot area | 13,375 sq ft |
| Total units | 62 |
| Floors | 32 |
| Built FAR | 22.2 |
| Assessed value (total) | $85.36M |
Who owns it
450 PARK FEE OWNER LP
Last recorded sale $445M (Jun 2022) · Estimated outstanding debt $289.25M
Owner contact & lender details
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Unlock owner contacts →Recent nearby sales
Recorded deeds on and around this block (ACRIS).
| Address | Recorded | Price |
|---|---|---|
| 432 PARK AVENUE | 2026-03-23 | $8.7M |
| 721 5TH AVENUE | 2026-03-12 | $1.5M |
| 432 PARK AVENUE | 2026-02-17 | $52.5M |
| 721 5 AVENUE | 2026-02-12 | $2.85M |
| 721 FIFTH AVENUE | 2026-01-23 | $8.2M |
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Compiled by Crezly Research from New York City public records (ACRIS, PLUTO, DOB/HPD).
Figures are estimates from public data and may not reflect the most recent transactions. Not legal, financial or investment advice.