NY Property Records

505 Park Avenue
Manhattan · New York County · 10022

Owner of record
OwnerG.S. 505 Park,
Assessment · 2025 roll
Land assessed$12,780,000
Total assessed$35,290,350
Est. annual tax$3,510,182 (2027, excl. special districts)
Building
StyleTower Type
Year built1949
Lot
Size0.27 acres (GIS)
Frontage × depth100 × 105 ft
Lot sq ft10,543
Zoning
DistrictC5-3
Special districtMiD
FAR20.92 built · 10.0 max residential · 15.0 max commercial · 15.0 max facility
Zoning map8c
Recorded documents · 71
NYC REAL PROPERTY TRANSFER TAX Mar 4, 2024
grantor/seller Olayan America Delaware LLC
grantee/buyer Olayan America Corporation
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AGREEMENT Jun 29, 2023
party 1 The Bank Of East Asia, Limited, New York Branch
party 2 Olayan America (Delaware LLC)
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AGREEMENT $7,974,113 Jun 28, 2023
party 1 G.S. 505 Park, LLC
party 2 The Bank Of East Asia, Limited, New York Branch
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Show all 71
ASSIGNMENT OF LEASES AND RENTS $7,974,113 Jun 28, 2023
assignor G.S. 505 Park, LLC
assignee The Bank Of East Asia, Limited, New York Branch
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AGREEMENT Dec 31, 2018
party 1 The Bank Of East Asia, Limited, New York Branch
party 2 Olayan America (Delaware LLC)
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ASSIGNMENT OF LEASES AND RENTS $39,000,000 Dec 27, 2018
assignor G.S. 505 Park, LLC
assignee The Bank Of East Asia, Limited, New York Branch
View on ACRIS ↗
AGREEMENT $39,000,000 Dec 27, 2018
party 1 G.S. 505 Park, LLC
party 2 The Bank Of East Asia, Limited, New York Branch
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Dec 27, 2018
assignor/old lender Hsbc Bank Usa, National Association
assignee/new lender The Bank Of East Asia, Limited, New York Branch
View on ACRIS ↗
MORTGAGE $196,112 Dec 27, 2018
mortgagor/borrower G.S. 505 Park, LLC
mortgagee/lender The Bank Of East Asia, Limited, New York Branch
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R Dec 27, 2018
party one Hsbc Bank Usa, National Association
party two G.S. 505 Park, LLC
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ASSIGNMENT OF LEASES AND RENTS $41,640,449 Jan 10, 2014
assignor G.S. 505 Park, LLC
assignee Hsbc Bank Usa, National Association
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Jan 10, 2014
assignor/old lender Hsbc Bank Usa, National Association
assignee/new lender Hsbc Bank Usa, National Association
View on ACRIS ↗
AGREEMENT $41,640,449 Jan 10, 2014
party 1 G.S. 505 Park, LLC
party 2 Hsbc Bank Usa, National Association
View on ACRIS ↗
AGREEMENT Oct 20, 2010
party 1 The Lightstone Group
party 2 Supreme Roots
View on ACRIS ↗
NYC REAL PROPERTY TRANSFER TAX Dec 7, 2004
grantor/seller Cumberland New York, Inc.; Palomar Management LLC +1
grantee/buyer Pareto New York LLC
View on ACRIS ↗
AGREEMENT Jul 10, 2001
party 1 G.S. 505 Park, LLC
party 2 Hsbc Bank Usa
View on ACRIS ↗
MORTGAGE $22,899,728 Jul 10, 2001
mortgagor/borrower G.S. 505 Park, LLC
mortgagee/lender Hsbc Bank Usa
View on ACRIS ↗
SUNDRY MISCELLANEOUS Jan 19, 2000
party 1 Irp-Alchemy 59th Street Associates, L.L.C.
party 2 Ncb Capital Corportion
View on ACRIS ↗
MORTGAGE $499,999 Nov 5, 1999
mortgagor/borrower Irp-Alchemy 59th Street Associates, L.L.C.
mortgagee/lender Ncb Capital Corporation
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Apr 15, 1999
assignor/old lender Hongkong And Shanghai Banking Corporated Limited
assignee/new lender Marine Midland Bank
View on ACRIS ↗
DEED Sep 23, 1997
grantor/seller First Park Associates, L.P.
grantee/buyer G.S. 505 Park, LLC
View on ACRIS ↗
MORTGAGE $550,000 Sep 23, 1997
mortgagor/borrower G.S. 505 Park, LLC
mortgagee/lender Hongkong And Shanghai Banking Corporation Limited
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Sep 23, 1997
assignor/old lender Yasuda Trust And Banking Company, Limited
assignee/new lender Hongkong And Shanghai Banking Corporation Limited
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Sep 23, 1997
assignor/old lender Yasuda Trust And Banking Company, Limited
assignee/new lender Hongkong And Shanghai Banking Corporation Ltd.
View on ACRIS ↗
AGREEMENT Sep 23, 1997
party 1 G.S. 505 Park, LLC
party 2 Hongkong And Shanghai Banking Corporation Limited
View on ACRIS ↗
AGREEMENT Aug 30, 1996
party 1 First Park Associates, L.P.
party 2 Yasuda Trust & Banking Co., Ltd.
View on ACRIS ↗
AGREEMENT May 7, 1993
party 1 Crescent Diversifiedltd
party 2 Yasuda Tr & Bkg Co Ltd
View on ACRIS ↗
SUNDRY AGREEMENT Feb 14, 1991
party 1 Mitsubishi Trt&Bk Corp
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AGREEMENT Feb 14, 1991
party 1 First Island Partners Lp
party 2 First Park Associates Lp
View on ACRIS ↗
AGREEMENT Feb 14, 1991
party 1 515 Park Ave Assocs
party 2 First Park Assocs Lp
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EASEMENT Feb 14, 1991
grantor/seller 515 Park Ave Assoc; First Island Partners Lp
grantee/buyer First Park Associates Lp
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AGREEMENT Jul 24, 1990
party 1 Crescent Dibersifiedltd
party 2 Yasuda Trust/Bkg Coltd
View on ACRIS ↗
AGREEMENT Aug 26, 1986
party 1 First Park Assoc. L.P.
party 2 Yasuda Trust Etc.
View on ACRIS ↗
RELEASE Aug 26, 1986
party 1 Oberon Holding Corp.
party 2 First Park Associates Lp
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Aug 26, 1986
assignor/old lender Oberon Holdg Corp.
assignee/new lender Yasuda Trst & Bkg Coltd
View on ACRIS ↗
MORTGAGE $36,299,009 Aug 26, 1986
mortgagor/borrower First Park Assoc, Lp
mortgagee/lender Yasuda Trust & Bkg Etc.
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Mar 3, 1983
assignor/old lender Dollar-Dry Dock Etc.
assignee/new lender Oberon Holding Corp.
View on ACRIS ↗
DEED Jul 1, 1982
grantor/seller 59th & Park Associates
grantee/buyer First Park Associates,Lp
View on ACRIS ↗
AGREEMENT Feb 19, 1982
party 1 59th & Park Associates
party 2 Dollar Savings Bank/Ny
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AGREEMENT Jun 12, 1978
party 1 Park Tower Associates
party 2 58th & Lex Associates; 59th & Park Associates +1
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AGREEMENT May 25, 1978
party 1 Twelve Dollar Realtycrp
party 2 Dollar Savings Bk Ofn Y
View on ACRIS ↗
DEED May 25, 1978
grantor/seller Twelve Dollar Realtycrp
grantee/buyer 59th & Park Associates
View on ACRIS ↗
MORTGAGE Apr 25, 1978
mortgagor/borrower Twelve Dollar Realtycrp
mortgagee/lender Dollar Savings Bankn Y
View on ACRIS ↗
DEED Apr 25, 1978
grantor/seller 59th & Park Associates
grantee/buyer Twelve Dollar Realtycrp
View on ACRIS ↗
AGREEMENT Dec 22, 1976
party 1 Twelve Dollar Realtycrp
party 2 Dollar Savings Bankn Y
View on ACRIS ↗
MORTGAGE Dec 2, 1976
mortgagor/borrower Twelve Dollar Realtycrp
mortgagee/lender Dollar Savings Bankn Y
View on ACRIS ↗
DEED Dec 2, 1976
grantor/seller 59th & Park Assctes
grantee/buyer Twelve Dollar Realtycrp
View on ACRIS ↗
DEED Dec 2, 1976
grantor/seller Twelve Dollar Realtycrp
grantee/buyer 59th & Park Associates
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LEASE Aug 10, 1971
lessor/landlord 59th & Park Associates
lessee/tenant The Spa Health Clubsin
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LEASE May 17, 1971
lessor/landlord 59th & Park Associates
lessee/tenant Peterson'S, Ltd
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AGREEMENT Jul 27, 1970
party 1 1962 Associates Inc
party 2 Dollar Savings Bankny
View on ACRIS ↗
DEED Jul 16, 1970
grantor/seller 1962 Associates Inc
grantee/buyer 59th & Park Associates
View on ACRIS ↗
MORTGAGE Jul 16, 1970
mortgagor/borrower 1962 Associates Inc
mortgagee/lender Dollar Savings Bankny
View on ACRIS ↗
DEED Jul 3, 1970
grantor/seller 59th & Park Associates
grantee/buyer 1962 Associates Inc
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AGREEMENT Dec 24, 1969
party 1 Dollar Savings Bank
party 2 1962 Associates Inc
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DEED Dec 19, 1969
grantor/seller 1962 Associates Inc
grantee/buyer 59th & Park Associates
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Dec 17, 1969
assignor/old lender Aramco Realty Company
assignee/new lender 59th & Park Associates
View on ACRIS ↗
ASSIGNMENT, MORTGAGE Dec 17, 1969
assignor/old lender Penn Mut Life Ins Co
assignee/new lender Dollar Sav Bank Ny
View on ACRIS ↗
LEASE Dec 17, 1969
lessor/landlord 59th & Park Associates
lessee/tenant Dollar Savings Bnk Ny
View on ACRIS ↗
DECLARATION Dec 17, 1969
party 1 59th Park Assoc Etal
View on ACRIS ↗
MORTGAGE Dec 17, 1969
mortgagor/borrower 1962 Associates Inc
mortgagee/lender Dollar Savings Bnk Ny
View on ACRIS ↗
DEED Dec 10, 1969
grantor/seller 59th & Park Associates
grantee/buyer 1962 Associates Inc
View on ACRIS ↗
DECLARATION Oct 4, 1967
party 1 59th & Park Assoc Etal
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DECLARATION Mar 1, 1967
party 1 59th Park Assoc Etal
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MORTGAGE Dec 5, 1966
mortgagor/borrower 59th & Park Assoc Inc
mortgagee/lender Penn Mut Life Ins Co
View on ACRIS ↗
AGREEMENT Dec 5, 1966
party 1 Araco Realty Company
party 2 Dollar Savngs Bnk Cty N
View on ACRIS ↗
DEED Dec 5, 1966
grantor/seller Penn Mut Life Ins Co
grantee/buyer 59th & Park Assoc Inc
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DEED Dec 5, 1966
grantor/seller 59th & Park Assoc Inc
grantee/buyer 59th & Park Assocites
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SUNDRY AGREEMENT Dec 5, 1966
party 1 59th & Park Assoc Inc
View on ACRIS ↗
MORTGAGE Dec 5, 1966
mortgagor/borrower 59th & Park Assoc Inc
mortgagee/lender Dollar Savngs Bnk Cty N
View on ACRIS ↗
SUNDRY AGREEMENT Sep 12, 1966
party 1 59th & Park Associates; Rebco Associates
View on ACRIS ↗
DOB violations — total 78 · open 1 · dismissed 28
Gas Piping - LL152 Active Oct 31, 2025
BIS ↗
Elevators Dismissed Aug 29, 2025
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Elevators Dismissed Aug 29, 2025
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Show all 78
Elevators Dismissed Aug 29, 2025
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Elevators Dismissed Aug 29, 2025
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Elevators Dismissed Sep 11, 2024
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Elevators Dismissed Sep 11, 2024
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Elevators Dismissed Sep 11, 2024
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Elevators Dismissed Sep 11, 2024
BIS ↗
Energy Grade - LL33 Dismissed Dec 1, 2023
FAILURE TO DISPLAY ENERGY EFFICIENCY SCORE AND ENERGY EFFICIENCY GRADE AS PER ADCODE SEC. 28-309.12.3
BIS ↗
Elevators Dismissed Aug 25, 2023
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Elevators Dismissed Aug 25, 2023
BIS ↗
Benchmarking - LL84 Dismissed Nov 2, 2022
FAILURE TO FILE BENCHMARKING REPORT OF ENERGY USE AS PER AD. CODE SEC. 28-309.4
BIS ↗
Benchmarking - LL84 Dismissed Aug 2, 2022
FAILURE TO FILE BENCHMARKING REPORT OF ENERGY USE AS PER AD. CODE SEC. 28-309.4
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Energy Grade - LL33 Dismissed Dec 1, 2021
FAILURE TO DISPLAY ENERGY EFFICIENCY SCORE AND ENERGY EFFICIENCY GRADE AS PER ADCODE SEC. 28-309.12.3
BIS ↗
Sprinklers Dismissed Sep 3, 2019
FAILED TO FILE FINAL SPRINKLER REPORT BY JULY 1, 2019
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Elevators Dismissed May 20, 2019
BIS ↗
Benchmarking - LL84 Dismissed Feb 16, 2019
FAILURE TO FILE BENCHMARKING REPORT OF ENERGY USE AS PER AD. CODE SEC. 28-309.4
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E-ELEVATOR ELEVATORREQUIRED Resolved Jul 30, 2018
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E-ELEVATOR ELEVATORREQUIRED Resolved Jul 30, 2018
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E-ELEVATOR ELEVATORREQUIRED Resolved Jul 30, 2018
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E-ELEVATOR ELEVATORREQUIRED Resolved Jul 30, 2018
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E-ELEVATOR ELEVATORREQUIRED Resolved Jul 30, 2018
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E-ELEVATOR ELEVATORREQUIRED Resolved Jul 30, 2018
CEASE USE
BIS ↗
EVCAT1-ELEVATOR ANNUAL INSPECTION / TEST ELEVATORREQUIRED Dismissed Sep 15, 2017
VIOLATION ISSUED TO ELEVATOR-FAILURE TO FILE CATEGORY 1 2016 INSPECTION/TEST
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Benchmarking - LL84 Dismissed May 2, 2017
FAILURE TO FILE BENCHMARKING REPORT OF ENERGY USE AS PER AD. CODE SEC. 28-309.4
BIS ↗
ACC1-(OTHER BLDGS TYPES) - ELEVATOR AFFIRMATION OF CORRECTION ELEVATORREQUIRED Dismissed Jan 3, 2017
VIO ISSUED TO ELEVATOR - FAIL TO CORRECT DEFECTS ON 2015 CAT 1 INSP/TST
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E-ELEVATOR ELEVATORREQUIRED Resolved Jul 6, 2016
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E-ELEVATOR ELEVATORREQUIRED Resolved Jul 6, 2016
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E-ELEVATOR ELEVATORREQUIRED Resolved Jul 6, 2016
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E-ELEVATOR ELEVATORREQUIRED Resolved Jul 6, 2016
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E-ELEVATOR ELEVATORREQUIRED Resolved Jul 6, 2016
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E-ELEVATOR ELEVATORREQUIRED Resolved Jul 6, 2016
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E-ELEVATOR ELEVATORREQUIRED Resolved Aug 14, 2014
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E-ELEVATOR ELEVATORREQUIRED Resolved Jun 25, 2013
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E-ELEVATOR ELEVATORREQUIRED Resolved Jun 25, 2013
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E-ELEVATOR ELEVATORREQUIRED Resolved Jun 25, 2013
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E-ELEVATOR ELEVATORREQUIRED Resolved Jun 25, 2013
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E-ELEVATOR ELEVATORREQUIRED Resolved Jun 25, 2013
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E-ELEVATOR ELEVATORREQUIRED Resolved Jun 25, 2013
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E-ELEVATOR ELEVATORREQUIRED Resolved Jun 25, 2013
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E-ELEVATOR ELEVATORREQUIRED Resolved Jun 25, 2013
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AEUHAZ Dismissed Jun 5, 2013
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
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AEUHAZ Dismissed Jun 5, 2013
FAILURE TO CERTIFY CORRECTION ON IMMEDIATELY HAZARDOUS (CLASS 1) ECB VIOLATION
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E-ELEVATOR ELEVATORREQUIRED Resolved Apr 5, 2012
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E-ELEVATOR ELEVATORREQUIRED Resolved Apr 5, 2012
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E-ELEVATOR ELEVATORREQUIRED Resolved Mar 2, 2010
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E-ELEVATOR ELEVATORREQUIRED Resolved Sep 28, 2009
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E-ELEVATOR ELEVATORREQUIRED Resolved Sep 28, 2009
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E-ELEVATOR ELEVATORREQUIRED Resolved Sep 28, 2009
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E-ELEVATOR ELEVATORREQUIRED Resolved Sep 28, 2009
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E-ELEVATOR ELEVATORREQUIRED Resolved Sep 28, 2009
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E-ELEVATOR ELEVATORREQUIRED Resolved Sep 28, 2009
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LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL Dismissed Feb 27, 2009
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E-ELEVATOR ELEVATORREQUIRED Resolved Dec 18, 2008
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E-ELEVATOR ELEVATORREQUIRED Resolved Dec 18, 2008
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E-ELEVATOR ELEVATORREQUIRED Resolved Dec 18, 2008
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E-ELEVATOR ELEVATORREQUIRED Resolved Jan 18, 2008
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E-ELEVATOR ELEVATORREQUIRED Resolved Jan 18, 2008
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E-ELEVATOR ELEVATORREQUIRED Resolved Jan 18, 2008
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E-ELEVATOR ELEVATORREQUIRED Resolved Jan 18, 2008
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E-ELEVATOR ELEVATORREQUIRED Resolved Jan 18, 2008
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E-ELEVATOR ELEVATORREQUIRED Resolved Jan 18, 2008
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E-ELEVATOR ELEVATORREQUIRED Resolved Jan 22, 2007
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E-ELEVATOR ELEVATORREQUIRED Resolved Jun 21, 2005
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E-ELEVATOR ELEVATORREQUIRED Resolved Jun 21, 2005
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E-ELEVATOR ELEVATORREQUIRED Resolved Jun 21, 2005
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E-ELEVATOR ELEVATORREQUIRED Resolved Jun 21, 2005
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E-ELEVATOR ELEVATORREQUIRED Resolved Jun 21, 2005
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E-ELEVATOR ELEVATORREQUIRED Resolved Jul 1, 2002
1P33448
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LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL Dismissed Feb 19, 2002
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E-ELEVATOR ELEVATORREQUIRED Resolved Aug 30, 2000
1P22304
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E-ELEVATOR ELEVATORREQUIRED Resolved Aug 30, 2000
1P33448
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E-ELEVATOR ELEVATORREQUIRED Resolved Aug 30, 2000
1P22302
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LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL Dismissed May 31, 1994
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C-CONSTRUCTION OTHER OPTIONAL Dismissed Aug 27, 1992
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Z-ZONING NONE Dismissed Aug 27, 1992
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LL5-LOCAL LAW 5/73 NONE Dismissed Jan 30, 1989
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DOB complaints — total 13 · open 1 · closed 12
Category 7G Active Aug 7, 2026
Complaint 1733070
View on BIS ↗
Category 6M Closed Oct 2, 2018
Complaint 1491345
View on BIS ↗
Safety net/guardrail – damaged/inadequate/none Closed Aug 21, 2015
Complaint 1403787
View on BIS ↗
Show all 13
Crane – no permit/license/unsafe/illegal Closed Jan 22, 2013
Complaint 1341765
View on BIS ↗
Permit – none (building/PA/demolition) Closed Sep 27, 2012
Complaint 1334541
View on BIS ↗
Category 4B Closed Jul 6, 2012
Complaint 1328718
View on BIS ↗
Electrical wiring – defective/exposed Closed Apr 14, 2011
Complaint 1300869
View on BIS ↗
Unlicensed/illegal plumbing work in progress Closed Apr 8, 2011
Complaint 1300537
View on BIS ↗
Permit – none (building/PA/demolition) Closed Apr 5, 2011
Complaint 1300285
View on BIS ↗
Electrical wiring – defective/exposed Closed Oct 3, 2007
Complaint 1205672
View on BIS ↗
Elevator – dangerous condition/shaft open Closed Sep 19, 2007
Complaint 1204437
View on BIS ↗
Debris/building – falling or danger of falling Closed Jul 17, 2007
Complaint 1199018
View on BIS ↗
Vent/exhaust – illegal/improper Closed Nov 21, 2003
Complaint 1115403
View on BIS ↗
No HPD violations on file.
Deed & identifiers
SBL1013940001
SWIS620100
Parcel ID6201001013940001

Who owns 505 Park Avenue?

505 Park Avenue, Manhattan is owned by G.S. 505 Park, per the 2025 NYS assessment roll.
Public record, NYS tax roll 2025. Values are the assessor's, not an appraisal. Provided for informational purposes only — accuracy and completeness are not warranted or guaranteed; verify against official sources before relying on it. Disclaimer · Request redaction

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