New York  »  Manhattan  »  10016  »  Murray Hill

7 Park Avenue, New York, NY 10016

Murray Hill, Midtown Manhattan, Manhattan
Building in Murray Hill
22 Stories
236 Units
Built in 1953
7  Park Ave - Photo 1
7 Park Ave, Apt 74
Murray Hill, Midtown Manhattan, Manhattan
$4,000
|
1 Bed
|
1 Bath
By Dana Goldman
Welcome to 7 Park Avenue, a building located in Murray Hill, Midtown Manhattan, Manhattan in New York, NY. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1953. This is a relatively tall building with a total of 22 floors. From what we gather, there are a total 236 residential units. Finally, 7 Park Avenue was most recently sold on May 19, 2021 for $1,050,000. The market value for the land that the building sits on has been listed at $6,900,000. In addition, improvements upon the building have an added value of $43,233,000. In total, the total market value of the property as a whole is $50,133,000. According to local assessors, the total value of the building is currently valued at $20,199,600. Specifically, the value of the land that the property sits on has been assessed at $3,105,000. The building was last assessed in 2023. There are another one buildings located on the same land that 7 Park Avenue was built on.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. Are you a fan of fireplaces? Good news! This property has one single fireplace. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Amenities
Doorman
Elevator
Policies
Cats Allowed
Dogs Allowed
Facts
General
Year Built
1953
Effective Year Built
1987
First Altered Year
1987
Building Count
3
Bedroom Count
0
Building Condition
unknown
Building Quality
unknown
Construction Type
unknown
Building Style
unknown
Exterior Walls Type
unknown
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
unknown
Floor Count
22
Total Unit Count
243
Living Units
243
Residential Unit Count
236
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
0
Patio Type
unknown
Porch Type
unknown
Pool Type
unknown
Location Influence Type
unknown
Unit Count
Building Floor Area
Residential Building Floor Area
186,980
Commercial Building Floor Area
13,020
Office Building Floor Area
2,000
Retail Building Floor Area
11,020
Floor Area Ratios
Building Area Source
2
Building
Building Type
unknown
Property Class
Residential
Lot Type
3
Land Acres
0.3
Land Use
03
Standard Land Use Code
Cooperative unit (residential)
County Land Use Code
unknown
Irregular Lot Code
Y
Proximity Code
3
Extension Code
N
Sanborn Map Number
104 031
Ownership
Current Owner's Name
PARK AVENUE & 35 STCORP
Neighborhood
Census Block
1000
Community District
106
City Council District
2
Police Precinct
17
Fire Company
L007
Health Area
5300
Sanitation District Borough
1
Sanitation Subsection
2B
School District
02
School District Name
New York City Department Of Education
School Tax School District
MANHATTAN
Census Tract
007200
Census Block Code
1000
Census Group
1
Census Year
2020
Census - Combined Statistical Area - Area Code
408
Census - Combined Statistical Area - Area Name
New York-Newark, NY-NJ-CT-PA
Census - County FIPS
36061
Census - Full FIPS
360610072001000
Census - Metropolitan Division - Area Code
35614
Census - Metropolitan Division - Area Name
New York-Jersey City-White Plains, NY-NJ
Census - Metro Micro Statistical Area - Area Code
35620
Census - Metro Micro Statistical Area - Area Name
New York-Newark-Jersey City, NY-NJ-PA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
3651000
Census Source
US Census Bureau
Census State FIPS
36
Census Tract 2010
0072
Census Tract Code
007200
School District - Unified - Grade High
12
School District - Unified - Grade Low
PK
School District - Unified - LEA Code
3620580
School District - Unified - Name
New York City Department Of Education
Zoning
Split Boundary Zone Indicator
N
Zoning
C5-3
Zoning Map Number
8d
Geography
Account Number
1-00890-0001
District
06
Section
307
Parcel
00890-0001
Borough Name
MN
Borough Code
1
Block
890
Lot
1
Lot Code
unknown
Borough Block Lot
1008900001
Latitude
40.7471
Longitude
-73.9806
FIPS
36061
Mailing Carrier Code
C065
Mailing Full Street Address
7 PARK AVE
Mailing House Number
7
Mailing Street Mode
AVE
Mailing Street
PARK
Mailing 4-Digit Zip Code
4349
Geo Status Code
Prior to setting the GEOsource field the default value was 'P'.
X Coordinates
989615
Y Coordinates
211451
Valuation
Timestamp
2024-03-27 21:05:43
UCID Flag
C
Pluto Map ID
1
More About The Building
In total, the building area is listed as 200,000 square feet. To break it down, the depth of the building was measured at 184 square feet and the front is listed as 76 square feet. In comparison, the lot area is listed as 13,054 square feet. The depth of the property lot was measured at 184 square feet and the front at 48 square feet. The building itself has 200,000 square footage of total floor area. Out of that, 186,980 square footage of floor area is residential. The rest of the space could be utilized as commercial, garage, factory, or alternative use space. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 7 Park Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the Murray Hill area have a median price of $3,895. Those in the 25th percentile, have a price around $3,331. While those in the 75th percentile, have a price around $5,353. Typically, the buildings in this area have a median sqft of 567. That means that the median price per sqft is around $7. In other words, the price per sqft for buildings in the 25th percentile is $6. While the price per sqft for buildings in the 75th percentile is $8. As a breakdown, we've included the following stats:

  • There are currently a total of 340 studio listings. The median price for these types of listings is $3,325. That's $7.79 price per sqft.

  • There are currently a total of 377 one bedroom listings. The median price for these types of listings is $4,133. That's $6.48 price per sqft.

  • There are currently a total of 124 two bedroom listings. The median price for these types of listings is $6,500. That's $5.95 price per sqft.

  • There are currently a total of 40 three bedroom listings. The median price for these types of listings is $7,500. That's $6.10 price per sqft.

  • There are currently a total of 13 four bedroom listings. The median price for these types of listings is $11,500. That's $5.18 price per sqft.
About The Area
7 Park Avenue is located in 10016. There are 50,444 people living here. There are 28,359 households. Most of these households have an average family size of 2.72 people. According to the census, 72% are currently renting while 28% own their homes. The median age of this population is around 33.3 years old. On average, most folks in the zipcode are unmarried. About 30% of folks speak a language other than English in this area. The area's employment rate is currently around 71.2%. Speaking of employment, the median income is $102,703. Most folks will commute by walking for around 25.6 minutes. Finally, we know that 7% of residents in the area have graduated with their high school degree. Additionally, 44% and 33% have their Bachelor's and Master's degree, respectfully.

Moving on to the county level. New York County, New York has a population of 1,634,989 people. Based on census records, there are 753,385 registered households. Families in this area are on average made up of 3.09 people per household. Most folks are unmarried. They are also typically around 36.7 years old. Does diversity matter to you? Right now, 40% of folks speak a language other than English here. About 77% rent while 23% purchased their homes. Right now, the community is made up of 13% of residents who have graduated with at least a high school degree. On top of that, 32% have a Bachelor's degree and 29% have a Master's degree. The employment rate is currently around 62.9%. Those employed, have a median income of $75,513. If you move here, you can expect to commute mostly by public transportation for around 31.4 minutes.

Finally, let's take a look at the stats related to New York - Newark, NY - NJ - CT Urban Area. The urban area is home to 18,812,161 people. A total of 6,707,347 households are registered here. With average family sizes being listed at 3.42 people. About 25% of residents have graduated with a high school degree. Of the rest, 22% have their Bachelor's and 16% have their Master's degree. Folks speaking a language other than English, make up about 40% of the population. Speaking of your commute, 59.7% of people in this area are employed. The recorded median income is currently at $68,319 per year. The median population age has been listed at 37.8 years old. Interestingly enough, unmarried people make up the majority of the population. Last but not least, renters make up about 50% of the population while homeowners are at about 50% of the population.
$3,325
Studio Median Rent
$4,133
1BR Median Rent
$6,500
2BR Median Rent
$7,500
3BR Median Rent
PUBLIC TRANSIT
4
6
6X
33 St (510 ft - 3 min walk)
MTA New York City Transit
BxM4C
MADISON AVE @ 32ND ST (870 ft - 4 min walk)
Bee-Line Bus
SIM24
SIM23
Madison Av/E 37 St (950 ft - 4 min walk)
Academy Bus
SIM24
SIM23
E 34 St/5 Av (1020 ft - 4 min walk)
Academy Bus
BxM4C
5TH AVE @ 35TH ST (0.22 mi - 5 min walk)
Bee-Line Bus

Nearby Schools

(within attendance boundary)
PS 116 MARY LINDLEY MURRAY  •  0.25 mi
210 E 33rd St, New York, NY 10016
Public  •  Elementary  •  Grades PK to 5
New York City Geographic District # 2
JHS 104 SIMON BARUCH  •  0.78 mi
330 E 21st St, New York, NY 10010
Public  •  Middle School  •  Grades 6 to 8
New York City Geographic District # 2
127 E 22nd St, New York, NY 10010
Public  •  High School  •  Grades 6 to 12
New York City Geographic District # 2
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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