Manhattan

240 Park Avenue South, Manhattan

NYC Municipal Record· BBL 1-00848-7505· New York County

technical data · neighborhood and transit

240 Park Avenue South, Manhattan: owner of record UNAVAILABLE OWNER, assessed at $16,533,439, 0 open housing violations. Sourced directly from official city and county records.

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240 Park Avenue South, ManhattanOpen map

Quick answers

Who owns 240 Park Avenue South?
UNAVAILABLE OWNER is the owner of record, per NYC Department of Finance (BBL 1008487505).
What is the assessed value of 240 Park Avenue South?
$16,533,439, set by the NYC Department of Finance.
What is the 2026 conforming loan limit in New York County?
$1,209,750 for a single-unit home, per FHFA. Larger loans are jumbo loans.
Is radon a problem here?
EPA radon zone 2, moderate potential.
What natural disasters is 240 Park Avenue South at risk for?
FEMA's National Risk Index rates the area relatively low overall.

Property records

Owner of record

Unavailable Owner

Tax assessment

$16,533,439 · class RX

Sourced directly from official city and county records. BBL 1008487505

NYC records

Modern elevator building

Tenant and buyer signals

Hurricane zone

Outside evacuation zones

NYC Emergency Management does not place this spot in zones 1 to 6.

Alcohol licenses

9 licenses within 200 ft

233 Pas Restaurant INC (restaurant) · Thessabul LLC (restaurant) · Park Ave Cake LLC (restaurant)

Sources: NYC PLUTO, NYC Emergency Management, NY State Liquor Authority, OpenStreetMap. Rent status is an estimate from the building profile.

Tax lot 1008487505

Built
2007
Floors
17
Homes
48
Zoning
C6-4A
Floor area
93,291 sq ft
Lot
7,860 sq ft
Tax assessment
$16.5M

Housing violations (HPD)

No open violations on this lot.

Heat and hot water, 2 years

No heat or hot water complaints filed.

Bedbug filing, 2025

0 of 51 units reported infested.

Residential evictions, 5 years

1

Most recent Feb 2026

Building permits, 3 years

3

  • Plumbing · Jun 2026
  • Suspended Scaffold · May 2026
  • Plumbing · Jun 2025

311 calls within 260 ft, 12 months

206

  • Noise - Residential · 47
  • Noise · 24
  • For Hire Vehicle Complaint · 15

Safety and environment

FEMA natural hazard risk

Relatively Low

No single natural hazard ranks high for this area.

FEMA National Risk Index, census tract

Superfund site

2.5 mi

Grand Street Mercury (Deleted NPL Site). Check groundwater and vapor reports on the EPA site page.

EPA National Priorities List

Leaking fuel tanks

3 within 1,650 ft

Nearest: Icon Parking Garage, 47 East 21st St (600 ft), open. 1 still open. Ask whether groundwater or soil vapor testing was done.

EPA UST Finder, leaking underground storage tank releases

Brownfield site

2,500 ft

325 East 25th Street. Former industrial land in EPA's cleanup and reuse program.

EPA ACRES Brownfields

Toxic release facility

1,500 ft

Endurart Inc and 1 more within a mile. Reports chemical releases to air, water or land to EPA each year.

EPA Toxics Release Inventory

Historic listing nearby

250 ft

Theodore Roosevelt Birthplace National Historic Site. Exterior changes can need preservation review; listed buildings can qualify for rehabilitation tax credits.

National Park Service, National Register

Radon potential

Moderate

Average indoor levels of 2 to 4 pCi/L. EPA still suggests testing ground-floor and basement units.

EPA and USGS Geologic Radon Potential Map

Nearest public schools

450 ft

BALLET TECH/NYC PUBLIC SCHOOL FOR DANCE (450 ft), SCHOOL OF THE FUTURE HIGH SCHOOL (900 ft), GRAMERCY ARTS HIGH SCHOOL (950 ft). Confirm the assigned school with the district.

U.S. Department of Education, NCES

Major airport

6.6 mi

LaGuardia (LGA). Aircraft may be audible under approach paths.

FAA large-hub airports

Conforming loan limit 2026

$1,209,750

New York County. Mortgages up to this amount qualify for Fannie Mae and Freddie Mac pricing. Above it, the loan is a jumbo with stricter terms.

FHFA Conforming Loan Limit Values, one-unit

Property tax after you buy

$500,000

$7,000 a year

About $583 a month at New York's 1.40% median effective rate.

In New York City, small homes are capped at 6% a year (20% over five years), and the cap stays with the property through a sale.

Rough estimate. U.S. Census ACS median effective rates. Your county assessor sets the final bill.

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Who lives and works in Manhattan

Finance, media and law, with the country's densest job market

Manhattan is built around work. Most households rent, most trips happen on foot or on the subway, and the day starts early in Midtown and downtown. Apartments are small by national standards and the premium goes to the commute, not the square footage.

$99,880
median household income
20.5%
residents aged 25 to 34
24%
households that own their home

What pays the bills

  • Finance and insurance
  • Media and publishing
  • Law and consulting
  • Healthcare
  • Tech offices

Who anchors the economy

JPMorgan Chase · Goldman Sachs · NYU · Mount Sinai · Google NYC

The market is shaped around

  • Young professionals
  • Dual-income couples
  • People who want to live without a car
Read the Manhattan city report →

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Viewing recommendations

What's worth checking in person before deciding.

  • Test water pressure and temperature at the tap, in the bathroom and kitchen, for at least a minute.
  • Knock on a neighboring door and ask two things: what bothers them most often, and what work is planned for the building.
  • Schedule a viewing on a weekday too, between 6:00 and 7:30 PM, the window when the building is busiest: neighbors, parking, elevator.
  • Look at the stairwell (cleanliness, smell) and the association's notice board: unpaid dues, conflicts, recent decisions.
  • Ask specifically where you'd park: is there paid city parking, who currently holds it, what the permit costs, and how long the waitlist is.
  • Ask for the latest maintenance bill from a winter month, not a summer one: that's where the real cost of living there shows up.

Neighborhood recommendations are derived from public OpenStreetMap data and may be incomplete. Checking in person is still what matters most.

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