245 Park Avenue

New York City, United States
Completed

Key Statistics

198.0 meters
Architectural Height
47 floors
Total Floors
1967 completed
Year Built
19 views
Page Views

Basic Information

Structure Type Highrise
Building Use Office
Floors 47
Year Built 1967

Height Information

198.0m
Architectural 650 ft
Estimated Property Value

$162.76M

$162,757,137 USD
A Class
$141.06M Estimated $184.46M
Confidence Score
75%
Medium-High
Mar 15, 2026 33,434 m² (est.) $8,286/m² base
$15.12M Annual Revenue
$1.26M Monthly Revenue
$4,868 Price per m²
9.29% Rental Yield
89.6% Occupancy Rate
$505 Rent per m²/yr

Valuation Methods

Sales Comparison $266.54M
Income Approach $117.86M
Cost Approach $20.70M

Value Factors

2.76x
Location
1.06x
Use Type
1.04x
Height
1.05x
Structure
0.65x
Age
1x
Stage
Data Sources: Market Index Class a GDP Adjusted Inflation Adjusted Floor area estimated Income Analysis Cost Analysis

This is an algorithmic estimate based on location, building characteristics, and market data. Actual values may vary significantly based on specific property conditions, local market dynamics, building condition, recent renovations, and other factors. This should not be used for financial decisions without professional appraisal.

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