Office building with commercial space · Midtown South, Manhattan

462 Park Avenue South

New York, NY 10016

462 Park Avenue South is a 17-floor office building with commercial space in Midtown South, Manhattan, built in 1925, with about 195,000 square feet of office space according to city records.

Also at 45-51 East 31st Street, 52 East 32nd Street and 462-478 Park Avenue South.

Office space
195K SF
Floors
17
Year built
1925
Zoning
C6-4A

Office space next to its nearest neighbors

  1. 462 Park Avenue SouthThis building195K SF
  2. 450 Park Avenue South1 min walk156K SF
  3. 38 East 32nd Street1 min walk74K SF
  4. 44 East 32nd Street1 min walk74K SF

The 30th 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 462 Park Avenue South compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 462 Park Avenue South ranks 2nd of 7 by office floor area. It went up in 1925; the median neighbor dates from 1915. Its estimated property tax, about $17.56 a square foot of floor area before abatements, is above the neighbors' median of $9.90.

462 Park Avenue South and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
462 Park Avenue SouthThis building195K SF171925$17.56Dec 2024, $148M
44 East 32nd Street1 min walk74K SF121916$9.38Dec 2018, $59M
38 East 32nd Street1 min walk74K SF121912$9.11n/a
450 Park Avenue South1 min walk156K SF121912$12.41n/a
461 Park Avenue South1 min walk50K SF121935$10.41n/a
471 Park Avenue South1 min walk399K SF341970$11.59n/a
36 East 31st Street1 min walk139K SF121915$5.98n/a
The 30th largest of the 184 office buildings we track in Midtown South: see the full list

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
45-51 East 31st Street; 52 East 32nd Street; 462-478 Park Avenue South
ZIP code
10016
Building type
Office building with commercial space (city class O6)
Total floor area
227,053 SF
Commercial floor area
227,053 SF
Office
195,439 SF
Retail
19,000 SF
Industrial and storage
12,614 SF
Height
17 floors
Average floor
About 13,400 SF (floor area divided by floors)
Year built
1925
Last major alteration
2012
Lot area
20,025 SF
Zoning district
C6-4A
Built FAR
11.34
Max commercial FAR
10
Tax lot (BBL)
1008610044

Nearest subway

  • 33 St1 min walk · Not accessible
  • 28 St4 min walk · Partly accessible
  • 28 St6 min walk · Not accessible

Nearby large buildings

All 32 large office buildings on Park Avenue South

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 3 storefronts at 462 Park Avenue South for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day.

Storefronts registered for December 31, 2025
3
Vacant that day
0
Share vacant across Midtown South
11.9%
Share vacant along Park Avenue South
23.4%
Share vacant citywide
9.2%

Vacant on December 31, by year

  • 20190 of 3
  • 20200 of 2
  • 20210 of 2
  • 2022None registered
  • 2023None registered
  • 20240 of 3
  • 20250 of 3

Bars show the share of the lot's registered storefronts that stood vacant.

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, 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

The Department of Finance lists 470 PARK AVE SOUTH LLC as the owner of record. For tax year 2026/27 the city values 462 Park Avenue South at $85.2 million and assesses it at $38.4 million. After phase-ins and exemptions its taxable value is $36.7 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 $3.99 million a year before abatements, roughly $17.56 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
470 PARK AVE SOUTH LLC
Tax class
Class 4 (commercial and industrial)
City market value
$85,226,000
Land market value
$20,400,000
Assessed value
$38,351,700
Taxable value (phased in)
$36,748,350
Estimated yearly tax
About $3.99 million
Tax per SF of floor area
About $17.56

City market value by tax year

  • 2022/23$81.5 million
  • 2023/24$86.4 million
  • 2024/25$88.1 million
  • 2025/26$81.6 million
  • 2026/27$85.2 million

Market value rose 5% from 2022/23 ($81.5 million) to 2026/27.

How Midtown South compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of itHow NYC commercial property tax works

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How to find who owns any NYC building

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 2026-10-16; 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

462 Park Avenue South last sold in December 2024 for $147.5 million, according to the deed recorded with the city. PRII SJP 470 PARK LLC sold it to 470 PARK AVE SOUTH LLC. That comes to about $650 per square foot of floor area.

Last sale (deed date)
December 30, 2024
Price
$147,500,000
Price per SF of floor area
About $650
Seller
PRII SJP 470 PARK LLC
Buyer
470 PARK AVE SOUTH LLC
Deed recorded
January 8, 2025
ACRIS document
2025010200151001

Recorded sales

All 32 building sales in Midtown South since 2016

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.

SEC filings (EDGAR)

Companies with offices here

One public company and one investment manager give 462 Park Avenue South as their office address in SEC filings.

Public company

Principal executive office on their latest 10-K or 10-Q

  • HORIZON KINETICS HOLDING CORP (HKHC)10-Q, Aug 2026

Investment manager

Office address on their latest 13F holdings report

  • HORIZON KINETICS ASSET MANAGEMENT LLC13F, Aug 2026

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 energy benchmarking (Local Law 84)

Energy score, grade and emissions

462 Park Avenue South reported an ENERGY STAR score of 88 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns an A (85 or higher). Its site energy use came to 57.5 kBtu per square foot, 47% below the national median of 109.5 for a similar property. Its greenhouse gas emissions were about 1,420 metric tons of CO2e (5.36 kg per square foot).

ENERGY STAR score (2024)
88 of 100
Grade this score earns (Local Law 33)
A (85 or higher)
Property type (Portfolio Manager)
Office
Site energy use intensity
57.5 kBtu/SF
National median for the type
109.5 kBtu/SF
Greenhouse gas emissions
1,420 t CO2e
Emissions per SF
5.36 kg CO2e
Floor area in the filing
271,615 SF
ENERGY STAR certified
2016, 2017, 2020, 2021

ENERGY STAR score by year

  • 202285 (A)
  • 202390 (A)
  • 202488 (A)

Energy sources in 2024

  • Electricity50%
  • Fuel oil44%
  • Natural gas6%

Share of the energy used on site, as filed.

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.

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 22 jobs at 462 Park Avenue South. In the last two years, interior work was permitted on 14 floors (floors 1 to 9, 11 and 13 to 16, the cellar, the mezzanine and the underground). The newest build-out, on floors 5 and 6, was first permitted in September 2026 (construction; filed cost estimate $86,000).

New jobs, last 12 months
22
Initial permits, last 12 months
46
Newest job first permitted
September 2026
Interior build-outs, last 24 months
17
Floors with interior work, last 24 months
1 to 9, 11 and 13 to 16, cellar, mezzanine, underground
Facade and sidewalk jobs, last 24 months
2

Recent build-outs

  • Floors 5 and 6September 2026Construction; est. $86,000
  • Floors 3, 9, 11 and 13, roofSeptember 2026Construction; est. $150,000
  • Floor 2August 2026Construction, Mechanical, Plumbing, Sprinklers, Standpipe; est. $570,000
  • Floor 1, cellar, mezzanine, undergroundMay 2026Construction, Mechanical, Plumbing, Sprinklers, Structural; est. $400,000
  • Floors 2 to 4, 8, 9 and 15May 2026Structural; est. $85,000; signed off
  • Floor 1, cellarMarch 2026Construction, Mechanical, Plumbing, Sprinklers; est. $150,000

The newest 6 of 17 in the last 24 months.

New jobs by year

  • 20219
  • 202214
  • 20238
  • 20245
  • 20257
  • 2026 to date20

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.

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Before you sign

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Questions about 462 Park Avenue South

How big is 462 Park Avenue South?

462 Park Avenue South has about 227,000 square feet of floor area in total, including 195,000 square feet of office, 19,000 square feet of retail and 13,000 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 462 Park Avenue South built?

City records list 1925 as the year built, with a major alteration recorded in 2012. The building is 17 floors tall.

What other addresses does 462 Park Avenue South have?

City records list 45-51 East 31st Street, 52 East 32nd Street and 462-478 Park Avenue South on the same tax lot (BBL 1008610044) as 462 Park Avenue South. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 462 Park Avenue South?

462 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 462 Park Avenue South, New York, NY 10016, in Midtown South.

What is the zoning at 462 Park Avenue South?

The lot is in the C6-4A zoning district. PLUTO lists a built floor area ratio (FAR) of 11.34 and a maximum commercial FAR of 10 for this lot.

What subway station is closest to 462 Park Avenue South?

The closest subway station to 462 Park Avenue South 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), 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 462 Park Avenue South?

The NYC Department of Finance's 2026/27 assessment roll lists 470 PARK AVE SOUTH LLC as the owner of record of 462 Park Avenue South (BBL 1008610044). 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.

Who are the tenants at 462 Park Avenue South?

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 462 Park Avenue South. One public company reports the address as its principal executive office: HORIZON KINETICS HOLDING CORP (HKHC). One investment manager files 13F holdings reports from the address: HORIZON KINETICS ASSET MANAGEMENT LLC. 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.

When was 462 Park Avenue South last sold?

462 Park Avenue South last sold in December 2024 for $147.5 million, according to the deed recorded with the city. PRII SJP 470 PARK LLC sold it to 470 PARK AVE SOUTH LLC. That comes to about $650 per square foot of floor area. The deed is ACRIS document 2025010200151001 (BBL 1008610044) 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.

What is the energy grade of 462 Park Avenue South?

462 Park Avenue South reported an ENERGY STAR score of 88 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 88 earns an A. 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 57.5 kBtu per square foot, 47% below the national median of 109.5 for a similar property. Its greenhouse gas emissions were about 1,420 metric tons of CO2e (5.36 kg per square foot).

Is there construction at 462 Park Avenue South?

In the 12 months to October 2026, the Department of Buildings issued first permits for 22 jobs at 462 Park Avenue South. In the last two years, interior work was permitted on 14 floors (floors 1 to 9, 11 and 13 to 16, the cellar, the mezzanine and the underground). The newest build-out, on floors 5 and 6, was first permitted in September 2026 (construction; filed cost estimate $86,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008610044. 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 462 Park Avenue South?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $36.7 million for 462 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 $3.99 million a year, roughly $17.56 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008610044 show the actual bill.

What is the assessed value of 462 Park Avenue South?

For tax year 2026/27, the NYC Department of Finance puts the market value of 462 Park Avenue South at $85.2 million ($20.4 million of it land) and its assessed value at $38.4 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 5% from 2022/23 ($81.5 million) to 2026/27.

Are there vacant storefronts at 462 Park Avenue South?

Owners registered 3 storefronts at 462 Park Avenue South for December 31, 2025, the newest annual filing the city has published, and none stood 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 462 Park Avenue South?

No space at 462 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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