Commercial condominium · Murray Hill, Manhattan
3 Park Avenue
New York, NY 10016
3 Park Avenue is a 42-floor commercial condominium in Murray Hill, Manhattan, built in 1977, with about 592,000 square feet of office space according to city records.
Also at 101-131 East 33rd Street and 100-118 East 34th Street.
- Office space
- 592K SF
- Floors
- 42
- Year built
- 1977
- Zoning
- C5-3
The 5th largest of the 27 office buildings we track in Murray Hill. Compare it with 6 neighbors
No space at 3 Park Avenue is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once. Nothing free right now? Get tenant alerts for Murray Hill and hear the moment a tenant posts a requirement there. Manage or lease this building? Claim this page.
Print a one-page profile of this building for a tour book or a client proposal.
Compared with its neighbors
How 3 Park Avenue compares
Next to the 6 nearest large office buildings, all within a 2 minute walk, 3 Park Avenue ranks 2nd of 7 by office floor area. Built in 1977, it is the newest of them. Its estimated property tax, about $6.89 a square foot of floor area before abatements, is below the neighbors' median of $11.44.
| Building | Office space | Floors | Built | Tax / SF |
|---|---|---|---|---|
| 3 Park Avenue | 592K SF | 42 | 1977 | $6.89 |
| 1 Park Avenue | 38K SF | 18 | 1926 | $5.41 |
| 2 Park Avenue | 797K SF | 25 | 1928 | $14.48 |
| 55 East 34th Street | 44K SF | 6 | 1951 | Exempt |
| 33 East 33rd Street | 115K SF | 12 | 1914 | $11.44 |
| 215 Lexington Avenue | 113K SF | 21 | 1962 | $5.25 |
| 471 Park Avenue South | 399K SF | 34 | 1970 | $11.59 |
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). 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
- Other addresses
- 101-131 East 33rd Street; 100-118 East 34th Street
- ZIP code
- 10016
- Building type
- Commercial condominium (city class RC)
- Total floor area
- 977,745 SF
- Commercial floor area
- 977,745 SF
- Office
- 592,180 SF
- Retail
- 21,141 SF
- Height
- 42 floors
- Average floor
- About 23,300 SF (floor area divided by floors)
- Year built
- 1977
- Lot area
- 46,740 SF
- Zoning district
- C5-3
- Built FAR
- 20.92
- Max commercial FAR
- 15
- Tax lot (BBL)
- 1008897501
Nearest subway
- 33 St
- 28 St
- 28 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; 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 storefront registry (Local Law 157)
Storefronts and vacancy
Owners registered 4 storefronts at 3 Park Avenue for December 31, 2025, the newest annual filing the city has published, and 3 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2021.
- Storefronts registered for December 31, 2025
- 4
- Vacant that day
- 3
- Share vacant across Murray Hill
- 15.5%
- Share vacant along Park Avenue
- 11.5%
- Share vacant citywide
- 9.2%
- Condominium tax lots that filed
- 1
Vacant on December 31, by year
Own or lease out a storefront at 3 Park Avenue? Listing it is free, and it is matched against every active requirement for retail space in Murray Hill the day it goes up.
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2025, pulled 2026-10-16. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, summed over the condominium's unit lot that filed, as the owners filed them. The 2025 filing was due June 1, 2026, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.
NYC Department of Finance records
Owner, property tax and assessed value
3 Park Avenue is a condominium of 2 tax lots. THREE PARK BUILDING LLC, one of 2 owners of record on the roll, owns the units that make up 63% of its market value. For tax year 2026/27 the city values 3 Park Avenue at $254.4 million and assesses it at $114.5 million. After phase-ins and exemptions its taxable value is $62.1 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 $6.73 million a year before abatements, roughly $6.89 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.
- Largest unit owner
- THREE PARK BUILDING LLC (63% of market value)
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $254,431,560
- Land market value
- $96,650,000
- Assessed value
- $114,494,202
- Taxable value (phased in)
- $103,401,460
- Exemptions
- $41,317,650
- Estimated yearly tax
- About $6.73 million
- Tax per SF of floor area
- About $6.89
- Condominium tax lots
- 2
- Owners of record
- 2
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, summed over 2 condominium tax lots; 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 3 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 gives 3 Park Avenue as its office address in SEC filings.
Public company
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.
Have space to sublease at 3 Park Avenue? List it free and we match it against every active requirement.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
3 Park Avenue reported an ENERGY STAR score of 69 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a C (55 to 69). Its site energy use came to 57.8 kBtu per square foot, 22% below the national median of 74 for a similar property. Its greenhouse gas emissions were about 6,244 metric tons of CO2e (5.18 kg per square foot).
- ENERGY STAR score (2024)
- 69 of 100
- Grade this score earns (Local Law 33)
- C (55 to 69)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 57.8 kBtu/SF
- National median for the type
- 74 kBtu/SF
- Greenhouse gas emissions
- 6,244 t CO2e
- Emissions per SF
- 5.18 kg CO2e
- Floor area in the filing
- 1,205,501 SF
Energy sources in 2024
Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-16; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.
Local Law 97 of 2019, estimated
Local Law 97 emissions limit
At its 2024 energy use, 3 Park Avenue comes to about 4,452 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 8,726 tons for 2024 to 2029 (51% of the limit), so it would owe no penalty. From 2030 the limit drops to 3,001 tons and the same energy use counts as about 2,986 tons, still under the limit.
- Period
- 2024 to 2029
- Emissions limit
- 8,726 t CO2e
- Estimated emissions
- 4,452 t CO2e
- Under the limit by
- 4,274 t CO2e
- Estimated penalty a year
- None
- Period
- 2030 to 2034
- Emissions limit
- 3,001 t CO2e
- Estimated emissions
- 2,986 t CO2e
- Under the limit by
- 14 t CO2e
- Estimated penalty a year
- None
Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: K-12 School 496,500 SF; Office 684,001 SF; Retail Store 25,000 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.
Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.
How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.
Own or manage 3 Park Avenue? List a space here free and we match it against every active requirement.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 3 Park Avenue in the 12 months to October 2026; the last one was first permitted in February 2025. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1, was first permitted in February 2025 (construction; filed cost estimate $11,000). A sidewalk shed permit here is active until November 11, 2026.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- February 2025
- Interior build-outs, last 24 months
- 1
- Floors with interior work, last 24 months
- 1
- Sidewalk shed permit
- Active until Nov 11, 2026
Recent build-outs
New jobs by year
Build-outs across Murray HillWhere 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 Murray Hill yet
Own or broker space at 3 Park Avenue? List it free: it shows on this page and is matched against every active requirement the day it goes up.
Before you sign
Plain-English guides to square footage, rent and lease terms in New York, and free calculators to run your own numbers.
How much is commercial rent in NYC? Per square foot, by borough
What NYC office, retail and industrial buildings collect per square foot in each borough, from the city's own filings, with the monthly math and the costs on top of rent.
Good guy guarantee in NYC commercial leases
How a good guy guarantee works in a NYC commercial lease: what it covers, how the guarantor gets released, what to negotiate and the 2025 surrender ruling.
How much office space do you need per employee in 2026
About 150 to 260 rentable SF per employee in NYC when everyone comes in, less with shared desks: tables by team size and layout, then how to size from your busiest day.
- Free calculator
Office space calculator
How many square feet your team needs, from headcount and layout to a rentable range.
- Free calculator
Commercial rent calculator
Turn a price per square foot into monthly and yearly rent, with increases, free rent and net effective rent.
- Free calculator
TI allowance calculator
A landlord's build-out allowance in dollars, what it covers of your budget and what the rest adds to the rent.
- Free calculator
Commercial Rent Tax calculator
Whether a Manhattan lease owes the city's Commercial Rent Tax, and roughly how much a year.
Questions about 3 Park Avenue
How big is 3 Park Avenue?
3 Park Avenue has about 978,000 square feet of floor area in total, including 592,000 square feet of office and 21,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 3 Park Avenue built?
City records list 1977 as the year built. The building is 42 floors tall.
What other addresses does 3 Park Avenue have?
City records list 101-131 East 33rd Street and 100-118 East 34th Street on the same tax lot (BBL 1008897501) as 3 Park Avenue. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 3 Park Avenue?
3 Park Avenue is in ZIP code 10016, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 3 Park Avenue, New York, NY 10016, in Murray Hill.
What is the zoning at 3 Park Avenue?
The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 20.92 and a maximum commercial FAR of 15 for this lot.
What subway station is closest to 3 Park Avenue?
The closest subway station to 3 Park Avenue is 33 St (the 6 train), about 300 feet away in a straight line, roughly 1 minute on foot. Also nearby: 28 St (the 6 train), 6 min walk; 28 St (the R and W trains), 8 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 3 Park Avenue?
3 Park Avenue is a condominium of 2 tax lots. THREE PARK BUILDING LLC, one of 2 owners of record on the roll, owns the units that make up 63% of its market value. That is from the NYC Department of Finance's 2026/27 assessment roll (BBL 1008897501). Deeds and mortgages for each unit are public in ACRIS, the city's property records system.
Who are the tenants at 3 Park Avenue?
Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 3 Park Avenue. One public company reports the address as its principal executive office: ZETA GLOBAL HOLDINGS CORP. (ZETA). 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.
What is the energy grade of 3 Park Avenue?
3 Park Avenue reported an ENERGY STAR score of 69 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 69 earns a C. 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 57.8 kBtu per square foot, 22% below the national median of 74 for a similar property. Its greenhouse gas emissions were about 6,244 metric tons of CO2e (5.18 kg per square foot).
Does 3 Park Avenue meet Local Law 97?
At its 2024 energy use, 3 Park Avenue comes to about 4,452 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 8,726 tons for 2024 to 2029 (51% of the limit), so it would owe no penalty. From 2030 the limit drops to 3,001 tons and the same energy use counts as about 2,986 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.
Is there construction at 3 Park Avenue?
The Department of Buildings issued no permits for new jobs at 3 Park Avenue in the 12 months to October 2026; the last one was first permitted in February 2025. In the last two years, interior work was permitted on one floor (floor 1). The newest build-out, on floor 1, was first permitted in February 2025 (construction; filed cost estimate $11,000). A sidewalk shed permit here is active until November 11, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1008897501. 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 3 Park Avenue?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $62.1 million for 3 Park Avenue (the sum of its 2 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 $6.73 million a year, roughly $6.89 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008897501 show the actual bill.
What is the assessed value of 3 Park Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 3 Park Avenue at $254.4 million ($96.7 million of it land) and its assessed value at $114.5 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 27% from 2022/23 ($199.7 million) to 2026/27.
Are there vacant storefronts at 3 Park Avenue?
Owners registered 4 storefronts at 3 Park Avenue for December 31, 2025, the newest annual filing the city has published, and 3 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2021. 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.
Is there office space for lease at 3 Park Avenue?
No space at 3 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.
2,723 buildings from city records
Look up another building
Size, owner of record and property tax, plus the last sale and energy grade where the city has them, for every large office, retail and industrial building we track. Type any address on the lot (like 350 Fifth Avenue), a building name, a street or a neighborhood.
Murray Hill
Transit hubs in Murray Hill
- 6 at 33 St
- 4 5 6 7 S at Grand Central