Office building · Midtown, Manhattan
270 Park Avenue
New York, NY 10017
270 Park Avenue is a 60-floor office building in Midtown, Manhattan, built in 2021, with about 2.1 million square feet of office space according to city records.
Also known as the JPMorganChase Tower. Also at 33-59 East 47th Street, 28-54 East 48th Street, 393-409 Madison Avenue and 260-270 Park Avenue.
- Office space
- 2.1M SF
- Floors
- 60
- Year built
- 2021
- Zoning
- C5-3
The 5th largest of the 351 office buildings we track in Midtown. Compare it with 6 neighbors
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Compared with its neighbors
How 270 Park Avenue compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 270 Park Avenue is the largest by office floor area. Built in 2021, it is the newest of them. Its estimated property tax, about $36.38 a square foot of floor area before abatements, is above the neighbors' median of $21.38.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 270 Park Avenue | 2.1M SF | 60 | 2021 | $36.38 | n/a |
| 33 East 48th Street | 792K SF | 40 | 1968 | $28.03 | Nov 2007, $1.3B (2 lots) |
| 383 Madison Avenue | 1.0M SF | 44 | 1999 | $21.48 | n/a |
| 280 Park Avenue | 382K SF | 28 | 1962 | $27.52 | Nov 2007, $1.3B (2 lots) |
| 400 Madison Avenue | 138K SF | 20 | 1929 | $21.28 | Oct 2018, $195M |
| 250 Park Avenue | 503K SF | 20 | 1924 | $15.39 | Aug 2024, $320M |
| 425 Madison Avenue | 98K SF | 19 | 1927 | $8.58 | n/a |
Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 35,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Also known as
- JPMorganChase Tower
- Other addresses
- 33-59 East 47th Street; 28-54 East 48th Street; 393-409 Madison Avenue; 260-270 Park Avenue
- ZIP code
- 10017
- Building type
- Office building (city class O4)
- Total floor area
- 2,050,615 SF
- Commercial floor area
- 2,050,615 SF
- Office
- 2,050,615 SF
- Height
- 60 floors
- Average floor
- About 34,200 SF (floor area divided by floors)
- Year built
- 2021
- Lot area
- 80,333 SF
- Zoning district
- C5-3
- Built FAR
- 25.53
- Max commercial FAR
- 15
- Tax lot (BBL)
- 1012830021
Nearest subway
- 51 St
- Grand Central-42 St
- 5 Av/53 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; other name checked against Wikipedia, 270 Park Avenue; subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.
NYC Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists JPMORGAN CHASE BANK as the owner of record. For tax year 2026/27 the city values 270 Park Avenue at $1.53 billion and assesses it at $687.9 million. After phase-ins and exemptions its taxable value is $687.8 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $74.6 million a year before abatements, roughly $36.38 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.
- Owner of record
- JPMORGAN CHASE BANK
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $1,528,652,000
- Land market value
- $96,400,000
- Assessed value
- $687,893,400
- Taxable value (phased in)
- $687,787,200
- Estimated yearly tax
- About $74.6 million
- Tax per SF of floor area
- About $36.38
City market value by tax year
Manage or lease this building? Claim this page. Requests are reviewed by hand.
How to find who owns any NYC buildingSource: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-16; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.
Own or manage 270 Park Avenue? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
SEC filings (EDGAR)
Companies with offices here
One public company and 2 investment managers and funds give 270 Park Avenue as their office address in SEC filings.
Public company
Investment managers and funds
Source: U.S. Securities and Exchange Commission, EDGAR, Financial Statement Data Sets (2025 Q4 to 2026 Q3) and Form 13F Data Sets (through August 2026), pulled 2026-10-24; names as filed. The address is the one each company reports to the SEC. This is not a tenant roster: private companies and most smaller firms do not file with the SEC, a company can report a building it owns, and an address can trail a move by a quarter. Care-of addresses, blank check companies and asset-backed issuers are left out.
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NYC Department of Buildings permits
Work permits and build-outs
In the 12 months to October 2026, the Department of Buildings issued first permits for 5 jobs at 270 Park Avenue. In the last two years, interior work was permitted on 4 floors (floors 50 and 55 to 57). The newest build-out, on floors 55 to 57, was first permitted in December 2024 (construction, mechanical, plumbing, sprinklers; filed cost estimate $28 million). A sidewalk shed permit here is active until December 24, 2026.
- New jobs, last 12 months
- 5
- Initial permits, last 12 months
- 5
- Newest job first permitted
- March 2026
- Interior build-outs, last 24 months
- 2
- Floors with interior work, last 24 months
- 50 and 55 to 57
- Facade and sidewalk jobs, last 24 months
- 12
- Sidewalk shed permit
- Active until Dec 24, 2026
Recent build-outs
New jobs by year
Build-outs across MidtownWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
No office space listed in Midtown yet
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Real space close by
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Next door, in the Upper East Side
783 Madison 4th Floor
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Questions about 270 Park Avenue
What is the address of the JPMorganChase Tower?
The JPMorganChase Tower is at 270 Park Avenue, New York, NY 10017, in Midtown.
How big is 270 Park Avenue?
270 Park Avenue has about 2.1 million square feet of floor area in total, including 2.1 million square feet of office, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 270 Park Avenue built?
City records list 2021 as the year built. The building is 60 floors tall.
What other addresses does 270 Park Avenue have?
City records list 33-59 East 47th Street, 28-54 East 48th Street, 393-409 Madison Avenue and 260-270 Park Avenue on the same tax lot (BBL 1012830021) as 270 Park Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 270 Park Avenue?
270 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 270 Park Avenue, New York, NY 10017, in Midtown.
What is the zoning at 270 Park Avenue?
The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 25.53 and a maximum commercial FAR of 15 for this lot.
What subway station is closest to 270 Park Avenue?
The closest subway station to 270 Park Avenue is 51 St (the 6, E and F trains, connected to Lexington Av/53 St), about 0.2 miles away in a straight line, roughly 5 minutes on foot. The MTA lists it as an accessible station. Also nearby: Grand Central-42 St (the 4, 5, 6, 7 and S trains), 6 min walk; 5 Av/53 St (the E and F trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 270 Park Avenue?
The NYC Department of Finance's 2026/27 assessment roll lists JPMORGAN CHASE BANK as the owner of record of 270 Park Avenue (BBL 1012830021). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
Who are the tenants at 270 Park Avenue?
Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 270 Park Avenue. One public company reports the address as its principal executive office: JPMORGAN CHASE & CO (JPM). 2 investment managers and funds file 13F holdings reports from the address: J.P. Morgan Investment Management Inc. and J.P. Morgan Private Investments Inc.. 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.
Is there construction at 270 Park Avenue?
In the 12 months to October 2026, the Department of Buildings issued first permits for 5 jobs at 270 Park Avenue. In the last two years, interior work was permitted on 4 floors (floors 50 and 55 to 57). The newest build-out, on floors 55 to 57, was first permitted in December 2024 (construction, mechanical, plumbing, sprinklers; filed cost estimate $28 million). A sidewalk shed permit here is active until December 24, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1012830021. A permit is approval to do the work; it does not say who the work is for or whether it is finished.
What are the property taxes at 270 Park Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $687.8 million for 270 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 $74.6 million a year, roughly $36.38 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012830021 show the actual bill.
What is the assessed value of 270 Park Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 270 Park Avenue at $1.53 billion ($96.4 million of it land) and its assessed value at $687.9 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 1486% from 2022/23 ($96.4 million) to 2026/27.
Is there office space for lease at 270 Park Avenue?
No space at 270 Park Avenue is listed on Leasemark right now. Nearby on Leasemark: office space for lease at 783 Madison 4th Floor in the Upper East Side (994 SF, $66.40/SF/yr). Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.
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