250 Park Avenue

250 Park Avenue has about 520,000 square feet of floor area in total, including 503,000 square feet of office and 17,000 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 1924 as the year built, with a major alteration recorded in 2017. The building is 20 floors tall.

City records list 59 East 46th Street, 60 East 47th Street, 240-258 Park Avenue and 81-97 Vanderbilt Avenue on the same tax lot (BBL 1012820034) as 250 Park Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

City records give two ZIP codes for this tax lot: 10017 in NYC PLUTO 26v2 and 10177 on the Department of Finance's assessment roll. Some large New York buildings have a ZIP code of their own beside the area's, so check with the building's management which one it uses before you rely on either.

The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 20.82 and a maximum commercial FAR of 15 for this lot.

The closest subway station to 250 Park Avenue is Grand Central-42 St (the 4, 5, 6, 7 and S trains), about 0.2 miles away in a straight line, roughly 5 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.

The NYC Department of Finance's 2026/27 assessment roll lists JPMORGANCHASE BANK, NA as the owner of record of 250 Park Avenue (BBL 1012820034). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 250 Park Avenue. One public company reports the address as its principal executive office: CRISP MOMENTUM INC. (CRSF). 6 investment managers and funds file 13F holdings reports from the address, including Needham Aggressive Growth Fund, Neo Ivy Capital Management and NEEDHAM EMERGING GROWTH PARTNERS LP. Private companies do not file with the SEC, so the full list of tenants is longer, and a company can also report a building it owns.

250 Park Avenue last sold in August 2024 for $320.2 million, according to the deed recorded with the city. 250 PARK AVENUE, LLC sold it to JPMORGANCHASE BANK, NA. That comes to about $616 per square foot of floor area. The deed is ACRIS document 2024082000074002 (BBL 1012820034) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.

250 Park Avenue reported an ENERGY STAR score of 70 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 70 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 58.4 kBtu per square foot, 26% below the national median of 78.4 for a similar property. Its greenhouse gas emissions were about 2,716 metric tons of CO2e (5.23 kg per square foot).

At its 2024 energy use, 250 Park Avenue comes to about 1,936 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 4,007 tons for 2024 to 2029 (48% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,438 tons and the same energy use counts as about 1,302 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 6 jobs at 250 Park Avenue. In the last two years, interior work was permitted on one floor (floor 2). The newest build-out, on floor 2, was first permitted in December 2024 (construction, mechanical, plumbing, sprinklers; filed cost estimate $1.4 million). A sidewalk shed permit here is active until December 31, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1012820034. 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 $73.7 million for 250 Park Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $8 million a year, roughly $15.39 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012820034 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of 250 Park Avenue at $163.8 million ($30.9 million of it land) and its assessed value at $73.7 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 6% from 2022/23 ($174.9 million) to 2026/27.

No space at 250 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.