Office building · Midtown South, Manhattan
471 Park Avenue South
New York, NY 10016
471 Park Avenue South is a 34-floor office building in Midtown South, Manhattan, built in 1970, with about 399,000 square feet of office space according to city records.
Also at 100-110 East 32nd Street and 465-477 Park Avenue South.
- Office space
- 399K SF
- Floors
- 34
- Year built
- 1970
- Zoning
- C6-4A
The 10th 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 471 Park Avenue South compares
Next to the 6 nearest large office buildings, all within a 1 minute walk, 471 Park Avenue South is the largest by office floor area. Built in 1970, it is the newest of them. Its estimated property tax, about $11.59 a square foot of floor area before abatements, is above the neighbors' median of $10.93.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 471 Park Avenue South | 399K SF | 34 | 1970 | $11.59 | n/a |
| 461 Park Avenue South | 50K SF | 12 | 1935 | $10.41 | n/a |
| 462 Park Avenue South | 195K SF | 17 | 1925 | $17.56 | Dec 2024, $148M |
| 1 Park Avenue | 38K SF | 18 | 1926 | $5.41 | n/a |
| 44 East 32nd Street | 74K SF | 12 | 1916 | $9.38 | Dec 2018, $59M |
| 451 Park Avenue South | 48K SF | 10 | 1915 | $11.44 | n/a |
| 192 Lexington Avenue | 108K SF | 16 | 1926 | $12.88 | Sep 2018, $89M |
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
- 100-110 East 32nd Street; 465-477 Park Avenue South
- ZIP code
- 10016
- Building type
- Office building (city class O4)
- Total floor area
- 449,437 SF
- Commercial floor area
- 449,437 SF
- Office
- 399,055 SF
- Retail
- 13,700 SF
- Height
- 34 floors
- Average floor
- About 13,200 SF (floor area divided by floors)
- Year built
- 1970
- Lot area
- 21,558 SF
- Zoning district
- C6-4A
- Built FAR
- 20.85
- Max commercial FAR
- 10
- Tax lot (BBL)
- 1008870095
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 3 storefronts at 471 Park Avenue South for December 31, 2025, the newest annual filing the city has published, and 1 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2023.
- Storefronts registered for December 31, 2025
- 3
- Vacant that day
- 1
- 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
Own or lease out a storefront at 471 Park Avenue South? Listing it is free, and it is matched against every active requirement for retail space in Midtown South 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, 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 475 PARK AVENUE SOUTH as the owner of record. For tax year 2026/27 the city values 471 Park Avenue South at $115 million and assesses it at $51.7 million. After phase-ins and exemptions its taxable value is $48 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 $5.21 million a year before abatements, roughly $11.59 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
- 475 PARK AVENUE SOUTH
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $114,974,000
- Land market value
- $43,300,000
- Assessed value
- $51,738,300
- Taxable value (phased in)
- $48,010,860
- Estimated yearly tax
- About $5.21 million
- Tax per SF of floor area
- About $11.59
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 471 Park Avenue South? List a space here free and we match it against every active requirement. Renting it out yourself? Read the landlord's checklist.
NYC energy benchmarking (Local Law 84)
Energy score, grade and emissions
471 Park Avenue South reported an ENERGY STAR score of 92 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 39.1 kBtu per square foot, less than half the national median of 86.3 for a similar property. Its greenhouse gas emissions were about 1,736 metric tons of CO2e (3.86 kg per square foot).
- ENERGY STAR score (2024)
- 92 of 100
- Grade this score earns (Local Law 33)
- A (85 or higher)
- Property type (Portfolio Manager)
- Office
- Site energy use intensity
- 39.1 kBtu/SF
- National median for the type
- 86.3 kBtu/SF
- Greenhouse gas emissions
- 1,736 t CO2e
- Emissions per SF
- 3.86 kg CO2e
- Floor area in the filing
- 449,437 SF
ENERGY STAR score by year
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.
NYC Department of Buildings permits
Work permits and build-outs
The Department of Buildings issued no permits for new jobs at 471 Park Avenue South in the 12 months to October 2026; the last one was first permitted in September 2025. In the last two years, interior work was permitted on 2 floors (floors 1 and 21). The newest build-out, on floor 21, was first permitted in June 2025 (construction, mechanical, sprinklers; filed cost estimate $99,000).
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- September 2025
- Interior build-outs, last 24 months
- 2
- Floors with interior work, last 24 months
- 1 and 21
- Facade and sidewalk jobs, last 24 months
- 1
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 471 Park Avenue South
How big is 471 Park Avenue South?
471 Park Avenue South has about 449,000 square feet of floor area in total, including 399,000 square feet of office and 14,000 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 471 Park Avenue South built?
City records list 1970 as the year built. The building is 34 floors tall.
What other addresses does 471 Park Avenue South have?
City records list 100-110 East 32nd Street and 465-477 Park Avenue South on the same tax lot (BBL 1008870095) as 471 Park Avenue South. A space listed on Leasemark at any of these addresses shows up on this page.
What is the ZIP code of 471 Park Avenue South?
471 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 471 Park Avenue South, New York, NY 10016, in Midtown South.
What is the zoning at 471 Park Avenue South?
The lot is in the C6-4A zoning district. PLUTO lists a built floor area ratio (FAR) of 20.85 and a maximum commercial FAR of 10 for this lot.
What subway station is closest to 471 Park Avenue South?
The closest subway station to 471 Park Avenue South is 33 St (the 6 train), about 250 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 471 Park Avenue South?
The NYC Department of Finance's 2026/27 assessment roll lists 475 PARK AVENUE SOUTH as the owner of record of 471 Park Avenue South (BBL 1008870095). Deeds and mortgages for the lot are public in ACRIS, the city's property records system.
What is the energy grade of 471 Park Avenue South?
471 Park Avenue South reported an ENERGY STAR score of 92 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 92 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 39.1 kBtu per square foot, less than half the national median of 86.3 for a similar property. Its greenhouse gas emissions were about 1,736 metric tons of CO2e (3.86 kg per square foot).
Is there construction at 471 Park Avenue South?
The Department of Buildings issued no permits for new jobs at 471 Park Avenue South in the 12 months to October 2026; the last one was first permitted in September 2025. In the last two years, interior work was permitted on 2 floors (floors 1 and 21). The newest build-out, on floor 21, was first permitted in June 2025 (construction, mechanical, sprinklers; filed cost estimate $99,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008870095. 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 471 Park Avenue South?
The Department of Finance's 2026/27 assessment roll lists a taxable value of $48 million for 471 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 $5.21 million a year, roughly $11.59 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008870095 show the actual bill.
What is the assessed value of 471 Park Avenue South?
For tax year 2026/27, the NYC Department of Finance puts the market value of 471 Park Avenue South at $115 million ($43.3 million of it land) and its assessed value at $51.7 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 24% from 2022/23 ($92.7 million) to 2026/27.
Are there vacant storefronts at 471 Park Avenue South?
Owners registered 3 storefronts at 471 Park Avenue South for December 31, 2025, the newest annual filing the city has published, and 1 of them stood vacant that day. At least one storefront here has been reported vacant at the end of every year since 2023. 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 471 Park Avenue South?
No space at 471 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