When was 1197 Park Avenue built?

1197 Park Avenue was built in 1961 and altered in 1987, according to the city's lot file.

How many units does 1197 Park Avenue have?

1197 Park Avenue has 149 units, 148 of them residential across 18 stories.

When did 1197 Park Avenue last sell?

It last sold on 07/20/2026 for $775,000, according to the city's recorded sales.

What is 1197 Park Avenue worth?

The city's 2027 market value for 1197 Park Avenue is $44,737,000. That is the Department of Finance's assessment estimate, not an appraisal or an asking price.

Who owns 1197 Park Avenue?

Create a free Hercules account to see the owner of record for 1197 Park Avenue. The full report adds the deed owners, the mailing address and the people named on the building's registrations.

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1197 Park Avenue, Manhattan, NY 10128

Elevator apartments (D4) · BBL 1015230001

210,988 sq ft148 res units18 storiesBuilt 1961

1197 Park Avenue, Manhattan, NY 10128 is a 18-story elevator apartment building, built in 1961, with 148 residential units, on a 17,616 sq ft lot. The city's 2027 market value is $44,737,000.

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Summary

1197 Park Avenue, Manhattan, NY 10128 is a 18-story elevator apartment building, built in 1961, with 148 residential units, on a 17,616 sq ft lot. The city's 2027 market value is $44,737,000. It last sold on 07/20/2026 for $775,000.

History

Dated from the city's lot file, valuation roll and recorded sales. Deeds, mortgages, permits and violations are in the full report.

2027City market value set at $44,737,000
07/20/2026Sold for $775,000
1987Building altered
1961Building completed

Property

Address: 1197 Park Avenue
Borough: Manhattan
Zip code: 10128
Block & lot: 01523-0001
BBL: 1015230001
Condo number: —
Community district: 108
School district: 2
Council district: 5
Historic district: —
Owner: Sign up free to see the owner

Building

Property type: Elevator apartments (D4)
Square feet: 210,988 sq ft
Building dimensions: Locked. Included in the full report.
Stories: 18
Year built: 1961
Year altered: 1987
Residential units: 148
Total units: 149
Buildings on lot: 1

Lot and zoning

Lot sq ft: 17,616
Lot dimensions: 101 ft x 175 ft
Zoning: Locked. Included in the full report.
FAR: Locked. Included in the full report.
Buildable area: Locked. Included in the full report.

Value, sale and loans

Market value and tax year come from the NYC Department of Finance property valuation roll; it is the city's assessment estimate, not a sale price or appraisal. Sales come from the city's recorded sales files.

Market value: $44,737,000
Tax year: 2027
Last sale date: 07/20/2026
Last sale price: $775,000
Tax amount: Locked. Included in the full report.
Loan amount: Locked. Included in the full report.

Sources and freshness

Property and building facts

NYC Department of City Planning's PLUTO lot file supplies building characteristics, lot dimensions and district information.

City market value and tax year

NYC Department of Finance's property valuation roll supplies the city's market value estimate for tax purposes. This is not a current sale price or an appraisal.

Valuation tax year: 2027

Recorded sale

NYC Department of Finance's rolling and annualized sales files supply the recorded sale date and price shown here.

Latest recorded sale date: 07/20/2026

Source refresh dates are not available in this preview. The tax year and sale date describe the records, not when Hercules last refreshed the sources.

Product facts and data sources · Market value, assessed value and sale price explained

In the full report

Unlock once to open every section for this property.

Pre-foreclosureAny open foreclosure case on the lot: plaintiff, filing date, case type and court status.
Owner & contactsOwner of record, deed owners, mailing address, HPD officers and managing agent, permit applicants.
Sales historyEvery priced sale on the lot, with unit and building class at the time of sale.
FinancialsOpen mortgages, lenders, loan amounts, recording and maturity dates, estimated equity.
TaxAnnual tax bill, tax class and assessment history by roll year.
PermitsDOB and DOB NOW filings, job types, status and estimated cost.
DevelopmentZoning districts, residential, commercial and facility FAR, unused air rights.
ViolationsOpen and closed HPD, DOB and ECB violations with balances due.

Questions

When was 1197 Park Avenue built?: 1197 Park Avenue was built in 1961 and altered in 1987, according to the city's lot file.
How many units does 1197 Park Avenue have?: 1197 Park Avenue has 149 units, 148 of them residential across 18 stories.
When did 1197 Park Avenue last sell?: It last sold on 07/20/2026 for $775,000, according to the city's recorded sales.
What is 1197 Park Avenue worth?: The city's 2027 market value for 1197 Park Avenue is $44,737,000. That is the Department of Finance's assessment estimate, not an appraisal or an asking price.
Who owns 1197 Park Avenue?: Create a free Hercules account to see the owner of record for 1197 Park Avenue. The full report adds the deed owners, the mailing address and the people named on the building's registrations.

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Owners, officers and mailing address
Pre-foreclosure case: plaintiff, filing date and court status
Mortgages and lenders, open or paid off
Tax bill and assessment history
Zoning, FAR and unused air rights
Permits and permit contacts
Housing and building code violations
Full sales history

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