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450 Park Avenue

450 Park Avenue is a property in Manhattan (BBL 1-1292-37), classified as commercial & office, built in 1972, owned by 450 PARK FEE OWNER LP. Crezly estimates about $289.25M in outstanding mortgage debt secured against it. The building has about 296,915 square feet across 62 units. It last recorded a sale of $445M on 2022-06-30.

$445MLast recorded sale
$289.25MEst. outstanding debt
296,915Building sqft
62Units

Building facts

Land useCommercial & office
Building classO4
Zoning districtC5-3
Year built1972 (altered 1989)
Floors32
Total units62
Building area296,915 sqft
Lot area13,375 sqft
Built FAR22.20 of 15.00 max
Assessed value$85.36M

Ownership

The recorded owner is 450 PARK FEE OWNER LP. Crezly estimates about $289.25M in outstanding mortgage debt secured against this property.

Location

This building is in Midtown, Manhattan. See the neighborhood's recent sales, median prices and top owners.

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Compiled by Crezly from New York City public records (ACRIS deeds & mortgages, PLUTO tax-lot data). Estimated debt is derived from recorded mortgages and may not reflect paydowns or the most recent transactions. Not legal, financial or investment advice.