Office building · Midtown South, Manhattan
419 Park Avenue South
New York, NY 10016
419 Park Avenue South is a 20-floor office building in Midtown South, Manhattan, built in 1927, with about 149,000 square feet of office space according to city records.
Also at 100-106 East 29th Street and 415-419 Park Avenue South.
- Office space
- 149K SF
- Floors
- 20
- Year built
- 1927
- Zoning
- C6-4A
The 43rd largest of the 184 office buildings we track in Midtown South. Compare it with 6 neighbors
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Compared with its neighbors
How 419 Park Avenue South compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 419 Park Avenue South ranks 3rd of 7 by office floor area. Built in 1927, it is the newest of them. Its estimated property tax, about $12.02 a square foot of floor area before abatements, is below the neighbors' median of $13.37.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 419 Park Avenue South | 149K SF | 20 | 1927 | $12.02 | Aug 2024, $72.2M |
| 424 Park Avenue South | 119K SF | 16 | 1913 | $12.71 | n/a |
| 401 Park Avenue South | 232K SF | 12 | 1910 | $14.03 | n/a |
| 434 Park Avenue South | 136K SF | 16 | 1913 | $14.96 | n/a |
| 38 East 29th Street | 62K SF | 10 | 1919 | $11.87 | n/a |
| 387 Park Avenue South | 158K SF | 12 | 1910 | $20.05 | Sep 2005, $68M |
| 121 East 27th Street | 50K SF | 10 | 1912 | $9.95 | 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
- Other addresses
- 100-106 East 29th Street; 415-419 Park Avenue South
- ZIP code
- 10016
- Building type
- Office building (city class O4)
- Total floor area
- 160,114 SF
- Commercial floor area
- 160,114 SF
- Office
- 148,670 SF
- Retail
- 9,100 SF
- Industrial and storage
- 2,344 SF
- Height
- 20 floors
- Average floor
- About 8,000 SF (floor area divided by floors)
- Year built
- 1927
- Last major alteration
- 2013
- Lot area
- 9,675 SF
- Zoning district
- C6-4A
- Built FAR
- 16.55
- Max commercial FAR
- 10
- Tax lot (BBL)
- 1008840084
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 Department of Finance records
Owner, property tax and assessed value
The Department of Finance lists 419 PAS LLC as the owner of record. For tax year 2026/27 the city values 419 Park Avenue South at $40.9 million and assesses it at $18.4 million. After phase-ins and exemptions its taxable value is $17.7 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 $1.92 million a year before abatements, roughly $12.02 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
- 419 PAS LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $40,866,000
- Land market value
- $11,100,000
- Assessed value
- $18,389,700
- Taxable value (phased in)
- $17,738,670
- Estimated yearly tax
- About $1.92 million
- Tax per SF of floor area
- About $12.02
City market value by tax year
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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.
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NYC property records (ACRIS)
Sales history
419 Park Avenue South last sold in August 2024 for $72.2 million, according to the deed recorded with the city. 419 PARK AVENUE SOUTH ASSOCIATES LLC, BOBLAR 419 LLC and others sold it to 419 PAS LLC. That comes to about $451 per square foot of floor area.
- Last sale (deed date)
- August 8, 2024
- Price
- $72,180,000
- Price per SF of floor area
- About $451
- Seller
- 419 PARK AVENUE SOUTH ASSOCIATES LLC, BOBLAR 419 LLC and others
- Buyer
- 419 PAS LLC
- Deed recorded
- August 19, 2024
- ACRIS document
- 2024081900135004
Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out.
NYC energy benchmarking (Local Law 84)
Energy use and emissions
419 Park Avenue South's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (the filing does not cover 12 full months of meter data), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade.
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Office
- Floor area in the filing
- 175,307 SF
- ENERGY STAR certified
- 2012, 2023
ENERGY STAR score by year
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.
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 7 jobs at 419 Park Avenue South. In the last two years, interior work was permitted on 21 floors (floors 1 to 21, the cellar, the mezzanine and the underground). The newest build-out, on floors 1 to 21, the cellar, the mezzanine, the roof and the underground, was first permitted in May 2026 (construction, mechanical, plumbing, sprinklers, standpipe, structural, support of excavation, foundation; filed cost estimate $35 million). A sidewalk shed permit here is active until December 23, 2026.
- New jobs, last 12 months
- 7
- Initial permits, last 12 months
- 26
- Newest job first permitted
- June 2026
- Interior build-outs, last 24 months
- 5
- Floors with interior work, last 24 months
- 1 to 21, cellar, mezzanine, underground
- Facade and sidewalk jobs, last 24 months
- 4
- Sidewalk shed permit
- Active until Dec 23, 2026
Recent build-outs
New jobs by year
Build-outs across Midtown SouthWhere 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 South yet
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Questions about 419 Park Avenue South
How big is 419 Park Avenue South?
419 Park Avenue South has about 160,000 square feet of floor area in total, including 149,000 square feet of office, 9,000 square feet of retail and 2,000 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 419 Park Avenue South built?
City records list 1927 as the year built, with a major alteration recorded in 2013. The building is 20 floors tall.
What other addresses does 419 Park Avenue South have?
City records list 100-106 East 29th Street and 415-419 Park Avenue South on the same tax lot (BBL 1008840084) as 419 Park Avenue South. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 419 Park Avenue South?
419 Park Avenue South 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 419 Park Avenue South, New York, NY 10016, in Midtown South.
What is the zoning at 419 Park Avenue South?
The lot is in the C6-4A zoning district. PLUTO lists a built floor area ratio (FAR) of 16.55 and a maximum commercial FAR of 10 for this lot.
What subway station is closest to 419 Park Avenue South?
The closest subway station to 419 Park Avenue South is 28 St (the 6 train), about 300 feet away in a straight line, roughly 1 minute on foot. The MTA lists it as partly accessible. Also nearby: 33 St (the 6 train), 4 min walk; 28 St (the R and W trains), 6 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 419 Park Avenue South?
The NYC Department of Finance's 2026/27 assessment roll lists 419 PAS LLC as the owner of record of 419 Park Avenue South (BBL 1008840084). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
When was 419 Park Avenue South last sold?
419 Park Avenue South last sold in August 2024 for $72.2 million, according to the deed recorded with the city. 419 PARK AVENUE SOUTH ASSOCIATES LLC, BOBLAR 419 LLC and others sold it to 419 PAS LLC. That comes to about $451 per square foot of floor area. The deed is ACRIS document 2024081900135004 (BBL 1008840084) 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.
Does 419 Park Avenue South have an energy grade?
419 Park Avenue South's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (the filing does not cover 12 full months of meter data), and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade.
Is there construction at 419 Park Avenue South?
In the 12 months to October 2026, the Department of Buildings issued first permits for 7 jobs at 419 Park Avenue South. In the last two years, interior work was permitted on 21 floors (floors 1 to 21, the cellar, the mezzanine and the underground). The newest build-out, on floors 1 to 21, the cellar, the mezzanine, the roof and the underground, was first permitted in May 2026 (construction, mechanical, plumbing, sprinklers, standpipe, structural, support of excavation, foundation; filed cost estimate $35 million). A sidewalk shed permit here is active until December 23, 2026. These are the Department of Buildings' DOB NOW work permits for tax lot 1008840084. 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 419 Park Avenue South?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $17.7 million for 419 Park Avenue South. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.92 million a year, roughly $12.02 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008840084 show the actual bill.
What is the assessed value of 419 Park Avenue South?
For tax year 2026/27, the NYC Department of Finance puts the market value of 419 Park Avenue South at $40.9 million ($11.1 million of it land) and its assessed value at $18.4 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 12% from 2022/23 ($36.4 million) to 2026/27.
Is there office space for lease at 419 Park Avenue South?
No space at 419 Park Avenue South 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.
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Midtown South
Transit hubs in Midtown South
- R W at 28 St
- 6 at 28 St
- F M at 23 St