Republic Point$61.50 – $74.87/SF/yr FS
496 Avenue of the Americas
1,657,300 SF office building at 496 Avenue of the Americas, New York, NY 10036. For Sale through the owner.
For SaleStatus
$96.91/SFAsking rent
$1.17BAsking price
5.14%Cap rate
1972Year built
AClass
Property facts
| Property type | Office |
|---|---|
| Building class | A |
| Rentable area | 1,657,300 SF |
| Stories | 61 |
| Year built | 1972 |
| Renovated | 2008 |
| Typical floor | 27,168 SF |
| Lot size | 3.02 acres |
| Parking ratio | 4.5/1,000 SF |
| Occupancy | 100.0% |
| Zoning | DC-5 |
| Parcel ID | 54-104-6780 |
| Submarket | Times Square |
| Market | New York City |
| Walk Score | 90 |
| Transit | PATH 3 min walk |
| Listing package | Gold |
Building amenities
EV Charging, Banking
Major tenants
| Tenant | Industry | Floor | SF | Lease expiry |
|---|---|---|---|---|
| Brazos Energy Partners | Healthcare | 23 | 167,010 | 2022-04-01 |
| Redline Robotics | Education | 1 | 290,480 | 2025-11-01 |
| Delta Health Partners | Insurance | 12 | 401,020 | 2036-07-01 |
| Commonwealth Medical Group | Government | 12 | 112,950 | 2029-07-01 |
| Garden State Title | Healthcare | 41 | 80,190 | 2023-03-01 |
| Lumen Biosciences | Legal | 50 | 464,420 | 2019-04-01 |
Sale history
| Date | Price | $/SF | Cap rate | Buyer | Seller |
|---|---|---|---|---|---|
| 2024-08-07 | $272.77M | $164.59 | 7.56% | Cascade Realty Trust | Silverline Holdings |
| 2022-12-30 | $390.29M | $235.50 | 8.91% | Everline Real Estate | Lakeshore Realty Trust |
Public record
| Owner of record | Quarry Point Partners |
|---|---|
| Assessed value | $473.55M |
| Land value | $93.03M |
| Improvement value | $380.51M |
| Annual tax | $6.12M |
| Tax year | 2026 |
| Lot size | 131,551 SF |
| Last deed | 2023-01-06 |
| Deed type | Grant Deed |
| Legal description | LOT 20 BLK 397 TIMES SQUARE ADDN |
Location
496 Avenue of the Americas
New York, NY 10036
Times Square submarket · New York City market
40.75613, -73.98785
Open in RealStarListing package
Gold — Elevated placement above Silver.
Elevated placement, larger search card with a hero image, floor-plan uploads, syndication to partner marketplaces and weekly lead alerts.
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Property-level inventory shown here is RealStarGlobal sample data generated for product demonstration; live market activity, deal flow and news are sourced from the Acquirepad CRE intelligence feed and the public registries listed in the data sourcing plan.