237 Park Avenue

237 Park Avenue has about 923,000 square feet of floor area in total, including 894,000 square feet of office and 23,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

City records list 1985 as the year built, with a major alteration recorded in 2015. The building is 21 floors tall.

City records list 101-111 East 45th Street, 100-120 East 46th Street and 460-474 Lexington Avenue on the same tax lot (BBL 1013007501) as 237 Park Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

237 Park Avenue is in ZIP code 10017, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 237 Park Avenue, New York, NY 10017, in Grand Central.

The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 14.15 and a maximum commercial FAR of 15 for this lot.

The closest subway station to 237 Park Avenue is Grand Central-42 St (the 4, 5, 6, 7 and S trains), about 950 feet away in a straight line, roughly 4 minutes on foot. The MTA lists it as an accessible station. Also nearby: 51 St (the 6, E and F trains, connected to Lexington Av/53 St), 5 min walk; 5 Av (the 7, B, D, F and M trains, connected to 42 St-Bryant Pk), 7 min walk. Walking times are straight-line estimates; the street route is longer.

237 Park Avenue is a condominium of 25 tax lots. METROPOLITAN TRANSPORTATION AUTHORITY, one of 3 owners of record on the roll, owns the units that make up 58% of its market value. That is from the NYC Department of Finance's 2026/27 assessment roll (BBL 1013007501). Deeds and mortgages for each unit are public in ACRIS, the city's property records system.

237 Park Avenue reported an ENERGY STAR score of 77 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 77 earns a B. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 58.2 kBtu per square foot, 34% below the national median of 87.7 for a similar property. Its greenhouse gas emissions were about 6,824 metric tons of CO2e (6.54 kg per square foot).

At its 2024 energy use, 237 Park Avenue comes to about 5,025 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 8,106 tons for 2024 to 2029 (62% of the limit), so it would owe no penalty. From 2030 the limit drops to 3,035 tons and the same energy use counts as about 2,590 tons, still under the limit. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.

In the 12 months to October 2026, the Department of Buildings issued first permits for 4 jobs at 237 Park Avenue. In the last two years, interior work was permitted on 8 floors (floors 1 to 4, 9, 10, 12 and 21 and the basement). The newest build-out, on floor 21, was first permitted in April 2026 (construction; filed cost estimate $1.2 million). These are the Department of Buildings' DOB NOW work permits for tax lot 1013007501. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $114.1 million for 237 Park Avenue (the sum of its 25 condominium tax lots). At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $12.4 million a year, roughly $13.42 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1013007501 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 237 Park Avenue at $435.8 million ($10.8 million of it land) and its assessed value at $196.1 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 20% from 2022/23 ($364.6 million) to 2026/27.

Owners registered 13 storefronts at 237 Park Avenue for December 31, 2025, the newest annual filing the city has published, and 5 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2019. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront vacant on December 31, 2025 may have been leased since. Owners and brokers can list a storefront on Leasemark for free.

No space at 237 Park Avenue is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.