Want · Office
Series B fintech needs 8,000 to 12,000 SF
Posted by the tenant · Fintech
- Where
- Midtown South, Flatiron +1
- Size
- 8,000 to 12,000 SF
- Budget
- to $85/SF
- Move in
- Jan 2027
Near subwayHigh ceilings
Owners: got a fit?I have a fit
Office building with commercial space · Midtown South, Manhattan
461 Park Avenue South
New York, NY 10016
461 Park Avenue South is a 12-floor office building with commercial space in Midtown South, Manhattan, built in 1935, with about 50,000 square feet of office space according to city records.
Also at 101-105 East 31st Street and 461-463 Park Avenue South.
- Office space
- 50K SF
- Floors
- 12
- Year built
- 1935
- Zoning
- C6-4A
The 156th largest of the 156 office buildings we track in Midtown South. Compare it with 6 neighbors
No space at 461 Park Avenue South 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.
Compared with its neighbors
How 461 Park Avenue South compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 461 Park Avenue South is the smallest by office floor area. It went up in 1935; the median neighbor dates from 1915. Its estimated property tax, about $10.41 a square foot of floor area before abatements, is below the neighbors' median of $11.51.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 461 Park Avenue South | 50K SF | 12 | 1935 | $10.41 | n/a |
| 471 Park Avenue South | 399K SF | 34 | 1970 | $11.59 | n/a |
| 462 Park Avenue South | 195K SF | 17 | 1925 | $17.56 | Dec 2024, $148M |
| 443 Park Avenue South | 67K SF | 11 | 1910 | $11.44 | n/a |
| 450 Park Avenue South | 156K SF | 12 | 1912 | $12.41 | n/a |
| 44 East 32nd Street | 74K SF | 12 | 1916 | $9.38 | Dec 2018, $59M |
| 36 East 31st Street | 139K SF | 12 | 1915 | $5.98 | 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 50,000 SF of the building's main use. Walking times are straight-line estimates.
NYC tax lot records
Building facts
- Other addresses
- 101-105 East 31st Street; 461-463 Park Avenue South
- ZIP code
- 10016
- Building type
- Office building with commercial space (city class O6)
- Total floor area
- 54,018 SF
- Commercial floor area
- 54,018 SF
- Office
- 50,018 SF
- Retail
- 4,000 SF
- Height
- 12 floors
- Average floor
- About 4,500 SF (floor area divided by floors)
- Year built
- 1935
- Lot area
- 4,224 SF
- Zoning district
- C6-4A
- Built FAR
- 12.79
- Max commercial FAR
- 10
- Tax lot (BBL)
- 1008870001
Nearest subway
- 33 St
- 28 St
- 28 St
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-02. 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 one storefront at 461 Park Avenue South for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day.
- Storefronts registered for December 31, 2024
- 1
- Vacant that day
- 0
- Share vacant across Midtown South
- 12.7%
- Share vacant along Park Avenue South
- 17.3%
- Share vacant citywide
- 8.7%
Vacant on December 31, by year
Need a storefront in Midtown South? Get matchedStorefront vacancy across New York City
Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-02. 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, as the owners filed them. The 2024 filing was due June 3, 2025, 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
The Department of Finance lists GAMMON ENTERPRISES, LLC as the owner of record. For tax year 2026/27 the city values 461 Park Avenue South at $12.7 million and assesses it at $5.72 million. After phase-ins and exemptions its taxable value is $5.18 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 $562,409 a year before abatements, roughly $10.41 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
- GAMMON ENTERPRISES, LLC
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $12,709,000
- Land market value
- $1,200,000
- Assessed value
- $5,719,050
- Taxable value (phased in)
- $5,184,450
- Estimated yearly tax
- About $562,409
- Tax per SF of floor area
- About $10.41
City market value by tax year
Source: 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 2026-10-02; 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.
NYC energy benchmarking (Local Law 84)
Energy use and emissions
461 Park Avenue South's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score, and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 81 kBtu per square foot, 59% above the national median of 50.8 for a similar property. Its greenhouse gas emissions were about 454 metric tons of CO2e (8.41 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 81 kBtu/SF
- National median for the type
- 50.8 kBtu/SF
- Greenhouse gas emissions
- 454 t CO2e
- Emissions per SF
- 8.41 kg CO2e
- Floor area in the filing
- 54,018 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 2026-10-02; 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
The Department of Buildings issued no permits for new jobs at 461 Park Avenue South in the 12 months to September 2026; the last one was first permitted in September 2025. In the last two years, interior work was permitted on 2 floors (floors 4 and 5). The newest build-out, on floor 5, was first permitted in September 2025 (construction, mechanical, plumbing, sprinklers; filed cost estimate $600,000).
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 5
- Newest job first permitted
- September 2025
- Interior build-outs, last 24 months
- 2
- Floors with interior work, last 24 months
- 4 and 5
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 2026-10-02 (permits issued through 2026-09-30). 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.
Office space nearby in Midtown South
Nothing is listed nearby yet. The labeled examples below show how a space appears; they are not on the market.
What a requirement here looks like
No live requirements for office space in Midtown South yet. These labeled examples show what tenants post. List a space in 461 Park Avenue South and we match it against every new one automatically.
Want · Office
Startup seeking furnished sublease
Posted by the tenant · Software
- Where
- Flatiron, Midtown South +1
- Size
- 6,000 to 11,000 SF
- Budget
- to $60/SF
- Move in
- Nov 2026
Furnished
Owners: got a fit?I have a fit
Before you sign
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Questions about 461 Park Avenue South
How big is 461 Park Avenue South?
461 Park Avenue South has about 54,000 square feet of floor area in total, including 50,000 square feet of office and 4,000 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 461 Park Avenue South built?
City records list 1935 as the year built. The building is 12 floors tall.
What other addresses does 461 Park Avenue South have?
City records list 101-105 East 31st Street and 461-463 Park Avenue South on the same tax lot (BBL 1008870001) as 461 Park Avenue South. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 461 Park Avenue South?
461 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 461 Park Avenue South, New York, NY 10016, in Midtown South.
What is the zoning at 461 Park Avenue South?
The lot is in the C6-4A zoning district. PLUTO lists a built floor area ratio (FAR) of 12.79 and a maximum commercial FAR of 10 for this lot.
What subway station is closest to 461 Park Avenue South?
The closest subway station to 461 Park Avenue South is 33 St (the 6 train), about 350 feet away in a straight line, roughly 1 minute on foot. Also nearby: 28 St (the 6 train), 4 min walk; 28 St (the R and W trains), 7 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 461 Park Avenue South?
The NYC Department of Finance's 2026/27 assessment roll lists GAMMON ENTERPRISES, LLC as the owner of record of 461 Park Avenue South (BBL 1008870001). 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.
Does 461 Park Avenue South have an energy grade?
461 Park Avenue South's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score, and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 81 kBtu per square foot, 59% above the national median of 50.8 for a similar property. Its greenhouse gas emissions were about 454 metric tons of CO2e (8.41 kg per square foot).
Is there construction at 461 Park Avenue South?
The Department of Buildings issued no permits for new jobs at 461 Park Avenue South in the 12 months to September 2026; the last one was first permitted in September 2025. In the last two years, interior work was permitted on 2 floors (floors 4 and 5). The newest build-out, on floor 5, was first permitted in September 2025 (construction, mechanical, plumbing, sprinklers; filed cost estimate $600,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008870001. 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 461 Park Avenue South?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $5.18 million for 461 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 $562,409 a year, roughly $10.41 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008870001 show the actual bill.
What is the assessed value of 461 Park Avenue South?
For tax year 2026/27, the NYC Department of Finance puts the market value of 461 Park Avenue South at $12.7 million ($1.2 million of it land) and its assessed value at $5.72 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 18% from 2022/23 ($10.8 million) to 2026/27.
Are there vacant storefronts at 461 Park Avenue South?
Owners registered one storefront at 461 Park Avenue South for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.
Is there office space for lease at 461 Park Avenue South?
No space at 461 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