122 5th Ave
Flatiron
New York, NY, 10011

Built in 1900 this 181,154 sq.ft. building is 89% Office Space, 11% Retail and contains 0 residential units and 4 non-residential units.

This property is currently Off Market.

    Transit

    • Union Square Route LRoute NRoute QRoute RRoute 4Route 5Route 6 4 Minute walk, 0.2 Miles
    • West 4th St Route ARoute BRoute CRoute DRoute ERoute FRoute M 14 Minute walk, 0.7 Miles
    • 14th St Route ARoute CRoute ERoute L 11 Minute walk, 0.6 Miles
    • 14th St Route FRoute LRoute MRoute 1Route 2Route 3 5 Minute walk, 0.3 Miles

    Schools

    • Elementary School

      • Warning: This property is located near the boundary of it's school zone.
      • For 2015-2016: Grades K-1 are zoned to PS 340 and Grades 2-5 are zoned to PS 3 and PS 41.
      • Sixth Avenue Elementary School
        • Grades: PK,0K,01,02,03,04,05
        • Principal: Patricia Carney
        • Phone: 917-305-1000
        • Address: 590 Sixth Avenue
        • Website: schools.nyc.gov
      • P.S. 003 Charrette School
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Lisa Siegman
        • Phone: 212-691-1183
        • Address: 490 Hudson Street
        • Website: schools.nyc.gov
      • P.S. 041 Greenwich Village
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Kelly Shannon
        • Phone: 212-675-2756
        • Address: 116 West 11 Street
        • Website: schools.nyc.gov
    • Middle School

      • J.H.S. 104 Simon Baruch
        • Grades: 06,07,08,SE
        • Principal: Rocco Macri
        • Phone: 212-674-4545
        • Address: 330 East 21 Street
        • Website: schools.nyc.gov
    • High School

      • Citywide High School Choice

    Public Records

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    • Mar-Rich Holding Corp. granted an easement to 122 Fifth Associates LLC on 2016-09-07. Show Details
    • A Miscellaneous legal document filed on 2016-09-15. Parties: First Republic Bank Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2016-09-15. Parties: Mar-Rich Holding Corp., 122 Fifth Associates LLC Show Details
    • Mar-Rich Holding Corp. granted an easement to 122 Fifth Associates, LLC on 2016-09-07. Show Details
    • Certificate (Other Documents) was filed on 2016-09-15. Parties: Fidelity National Title Insurance Company Show Details
    • Initial UCC1 dated 2013-08-22, Debtor: 122 Fifth Associates LLC, Secured Party: First Republic Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 122 Fifth Associates LLC by First Republic Bank or 2013-07-30 Show Details
    • Mortgage Agreement for $48,400,000.00 dated 2013-07-31 between 122 Fifth Associates LLC and First Republic Bank Show Details
    • 122 Fifth Associates LLC took a mortgage for $23,735,604.96 from First Republic Bank on 2013-07-31. Show Details
    • On 2013-07-31 a mortgage on this property was transferred from New York Community Bank to First Republic Bank. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2013-08-22. Parties: New York Community Bank Show Details
    • UCC3 Termination dated 2013-08-09, Debtor: 122 Fifth Associates LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • Leonard Riggio sold this property to The Stephanie Riggio Bulger 2012 for $3,900,000.00 on 2012-12-31. Show Details
    • Leonard Riggio sold this property to U/A/D 12/4/12 The Lisa Riggio Rollo 2012 Trust for $3,900,000.00 on 2012-12-31. Show Details
    • Leonard Riggio sold this property to U/A/D 12/4/12 The Donna Riggio Cortese 2012 Trust for $3,900,000.00 on 2012-12-31. Show Details
    • Leonard Riggio sold this property to U/A/D 12/4/12 The Anthony Joseph Cortese Trust for $900,000.00 on 2012-12-31. Show Details
    • Leonard Riggio sold this property to U/A/D 12/4/12 The Steven Leonard Cortese Trust for $900,000.00 on 2012-12-31. Show Details
    • Leonard Riggio sold this property to U/A/D 12/4/12 The Joseph Matthew Cortese Trust for $900,000.00 on 2012-12-31. Show Details
    • Leonard Riggio sold this property to Lp Two L Capital for $55,080,000.00 on 2012-10-31. Show Details
    • Mortgage Agreement for $0.00 dated 2009-03-27 between New York Community Bank and 122 Fifth Associates, LLC & Inc. The Gap Show Details
    • Mortgage Agreement for $0.00 dated 2009-04-14 between New York Community Bank and The New York Times Company Show Details
    • Mortgage Agreement for $0.00 dated 2009-04-14 between New York Community Bank and Inc. Barnes & Noble & 122 Fifth Associates, LLC Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2009-04-21. Parties: 122 Fifth Associates LLC, Jpmorgan Chase Bank, N.A., As Trustee & As Trustee The Chase Manhattan Bank Show Details
    • UCC3 Termination dated 2009-04-21, Debtor: 122 Fifth Associates LLC, Secured Party: Jpmorgan Chase Bank, N.A., As Trustee & As Trustee The Chase Manhattan Bank, Assignee: Show Details
    • Initial UCC1 dated 2009-04-21, Debtor: 122 Fifth Associates LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 122 Fifth Associates LLC by New York Community Bank or 2009-04-14 Show Details
    • Mortgage Agreement for $25,000,000.00 dated 2009-04-14 between 122 Fifth Associates LLC and New York Community Bank Show Details
    • 122 Fifth Associates LLC took a mortgage for $838,870.77 from New York Community Bank on 2009-04-14. Show Details
    • On 2009-04-14 a mortgage on this property was transferred from Jpmorgan Chase Bank, N.A., As Trustee & As Trustee The Chase Manhattan Bank to New York Community Bank. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2008-10-02. Parties: 122 Fifth Associates LLC, Jp Morgan Chase Bank Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2008-10-01. Parties: 122 Fifth Associates LLC, Jp Chase Manhattan Bank Show Details
    • Release dated 2005-12-12 between and Show Details
    • Initial UCC1 dated 2004-03-31, Debtor: 122 Fifth Associates LLC, Secured Party: Jp Morgan Chase Bank F/K/A The Chase Manhattan Ban, Assignee: Show Details
    • On 2001-09-04 a mortgage on this property was transferred from Parallel Capital LLC to Chase Manhattan Bank. Show Details
    • On 2001-09-04 a mortgage on this property was transferred from Parallel Capital LLC to Chase Manhattan Bank. Show Details
    • A Miscellaneous legal document filed on 2000-12-13. Parties: Commissioner Of Finance Of The City Of New York Show Details
    • Mortgage Agreement for $0.00 dated 2000-05-18 between Inc. Gap and Parallel Capital LLC Show Details
    • Mortgage Agreement for $0.00 dated 1999-07-14 between New York Times Co. and Parallel Capital LLC Show Details
    • Initial UCC1 dated 1999-04-20, Debtor: 120 Fifth Associatesllc, Secured Party: Parallel Capital LLC, Assignee: Show Details
    • UCC3 Termination dated 1999-04-20, Debtor: 122 Fifth Associates, Secured Party: Travelers Insurancecompany, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1999-04-12 between 122 Fifth Associatesllc and Parallel Capital LLC Show Details
    • A Miscellaneous legal document filed on 1999-04-12. Parties: Travelers Insurancecompany Show Details
    • A Miscellaneous legal document filed on 1999-04-12. Parties: Travelers Insurancecompany Show Details
    • On 1999-04-12 a mortgage on this property was transferred from 122 Fifth Associatesllc to Parallel Capital LLC. Show Details
    • 122 Fifth Associatesllc took a mortgage for $6,946,738.46 from Parallel Capital LLC on 1999-04-12. Show Details
    • On 1999-04-12 a mortgage on this property was transferred from Travelers Insurancecompany to Parallel Capital LLC. Show Details
    • Mortgage Agreement for $0.00 dated 1998-07-29 between 120 Partners & 122 Fifth Associates and Travelers Insurancecompany Show Details
    • A Miscellaneous legal document filed on 1994-10-13. Parties: Chase Manhattan Bank Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1994-01-24. Parties: 120 Partners, Travelers Insurancecompany Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1994-01-24. Parties: 122 Fifth Associates, Travelers Insurancecompany Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1990-03-06. Parties: Barnes & Noble Bookstores, INC, Cit Group/Equipmentfinancing, INC Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1990-03-06. Parties: Barnes & Noble Bookstores, INC, Cit Group/Equipmentfinancing, INC Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1990-03-06. Parties: Barnes & Noble Etal, Manufacturers Hano Etal Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1990-03-06. Parties: Barnes & Noble Etal, Manufacturers Hano Etal Show Details
    • A Miscellaneous legal document filed on 1989-10-13. Parties: Landmarks Prsvn Cmmsn Show Details
    • Mortgage Agreement for $0.00 dated 1989-08-24 between Barnes & Noble Bookstore and Chase Manhattan Bankn A Show Details
    • 120 Partners & 122 Fifth Associates took a mortgage for $725,000.00 from Chase Manhattan Bank on 1989-08-24. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1989-08-09. Parties: Barnes & Noble Bookstore, Manufacturers Hanover Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1989-08-09. Parties: Barnes & Noble Bookstore, Manufacturers Hanover Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1989-04-25. Parties: 122 Fifth Assoc, N.A. Chase Manhattan Bk Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1989-04-25. Parties: 122 Fifth Assoc, Paul Revere Variableetc Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1989-04-07. Parties: 122 Fifth Associates, Travelers Insuranceco Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1989-04-07. Parties: 120 Partners, Travelers Insuranceco Show Details
    • Initial UCC1 dated 1989-04-07, Debtor: 120 Partners, Secured Party: Travelers Insurancecompany, Assignee: Show Details
    • Initial UCC1 dated 1989-04-07, Debtor: 122 Fifth Associates, Secured Party: Travelers Insurancecompany, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1989-03-31 between Barnes & Noble Etal and Travelers Ins Co Show Details
    • Mortgage Agreement for $0.00 dated 1989-03-31 between Empire Mutual Ins Co and Travelers Ins Co Show Details
    • Mortgage Agreement for $0.00 dated 1989-03-31 between New York Times Co and Travelers Ins Co Show Details
    • On 1989-03-31 a mortgage on this property was transferred from 120 Partners & 122 Fifth Associates to Travelers Insuranceco. Show Details
    • Mortgage Agreement for $0.00 dated 1989-03-31 between 120 Partners & 122 Fifth Associates and Traverlers Insuranceco Show Details
    • 120 Partners & 122 Fifth Associates took a mortgage for $3,705,000.00 from Travelers Insuranceco on 1989-03-31. Show Details
    • On 1989-03-31 a mortgage on this property was transferred from Chase Manhattan Bank to Travelers Insuranceco. Show Details
    • On 1989-03-31 a mortgage on this property was transferred from Paul Revere Vari/Ann/Ins to Traverlers Insuranceco. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1989-03-17. Parties: 122 Fifth Associates, Travelers Insur Co Show Details
    • Mortgage Agreement for $0.00 dated 1988-02-11 between Paul Revere Variableetc and New York Times Co Show Details
    • Mortgage Agreement for $0.00 dated 1988-02-05 between Paul Revere Variableetc and New York Times Company Show Details
    • Mortgage Agreement for $0.00 dated 1988-02-05 between Travelers Insur Co and New York Times Company Show Details
    • 122 5Th Assocs took a mortgage for $1,900,000.00 from Chase Manhattan Bank on 1988-01-19. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1988-01-19. Parties: 122 5 Associates, Chase Manhattan Bank Show Details
    • Initial UCC1 dated 1985-04-08, Debtor: Barnes & Noble Bookstores, INC, Secured Party: Manufacturers Hanover Leasing Corp, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1985-03-27 between 122 Fifth Associates and Paul Revere Variableetc Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1984-10-11. Parties: Barnes & Noble Bkstrinc Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1984-10-11. Parties: Barnes & Noble Bkstrinc Show Details
    • Empire Mutl Ins Co leased this property from 122 Fifth Associates on 1984-08-16 Show Details
    • 122 Fifth Associates took a mortgage for $745,000.00 from Paul Revere Variableetc on 1984-03-30. Show Details
    • Release dated 1984-03-30 between 122 Fifth Associates and 7 W 17Th St Park Corp. Show Details
    • On 1984-03-30 a mortgage on this property was transferred from 122 Fifth Associates to Travelers Insuranceco.. Show Details
    • Mortgage Agreement for $0.00 dated 1984-03-30 between Travelers Insuranceco. and Empire Mutual Insur/Co. Show Details
    • Mortgage Agreement for $0.00 dated 1984-03-30 between Travelers Insuranceco. and Barnes & Noble Book/Etc. Show Details
    • Mortgage Agreement for $0.00 dated 1984-03-30 between 122 Fifth Associates and Travelers Insuranceco. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1984-03-30. Parties: 122 Fifth Associates Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1984-03-20. Parties: 122 Fifth Associates Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1984-03-20. Parties: 122 Fifth Associates Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1984-03-20. Parties: 122 Fifth Ave.Corp. Show Details
    • On 1984-03-16 a mortgage on this property was transferred from Paul Revere Life Ins.Co to Travelers Insuranceco.. Show Details
    • Chase Manhattan Bank took a mortgage for $0.00 from Travelers Insuranceco. on 1984-03-16. Show Details
    • 122 Fifth Associates took a mortgage for $2,606,720.18 from Travelers Insuranceco. on 1984-03-16. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1984-03-16. Parties: 122 Fifth Associates Show Details
    • Mortgage Agreement for $1,100,000.00 dated 1983-10-05 between 122 Fifth Associates and Chase Manhattan Bankna Show Details
    • 122 Fifth Associates took a mortgage for $1,100,000.00 from Chase Manhattan Bankna on 1983-10-05. Show Details
    • ... and 25 older documents.

    Lot

    Address
    122 5th Ave, 10011
    Square Footage
    18,150
    Lot Type
    Inside
    Dimensions
    71.5ft x 175.0ft
    BBL
    1008190039

    Neighborhood

    Neighborhood
    NeighborhoodContent object
    Historic District
    Ladies' Mile
    Community District
    05
    City Council
    3
    Police Precinct
    13
    Fire Company
    E014
    School District
    2
    Census Tract
    54

    Zoning

    Zoning District
    C6-4M
    Commercial Overlay
    N/A
    Split Zoning
    Yes
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $10,000,000
    MV Total
    $51,007,000
    AV Land
    $4,500,000
    AV Total
    $22,953,150

    Floor Area Ratio

    Built FAR
    9.98

    Residential
    Zoned FAR 10.0
    Max 181,500.0 sq. ft.
    Remaining 346.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 181,500.0 sq. ft.
    Remaining 346.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 181,500.0 sq. ft.
    Remaining 346.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Bank Building - Designed Exclusively For Banking
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1900
    Alterations
    N/A
    Floors
    10.0
    Residential Units
    0
    Total Units
    4
    Floor Area
    181154
    Basement
    Full Basement Below Grade
    Proximity
    Attached

    Crime

    This property is located in the 13th Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the 13th Precinct saw 1756 felony property crimes (Burglary, Grand Larceny and Grand Larceny of Motor Vehicle) committed per 100,000 residents**. This is higher then the borough's property crime rate, which was 1219 over the same period.

    Violent Crime

    Low
    In 2015 the 13th Precinct saw 390 felony violent crimes (Murder, Rape, Robbery and Felony Assault) committed per 100,000 residents**. This is lower then the borough's violent crime rate, which was 444 over the same period.

    ** This does not take daytime population into account. Actual crime rates in areas where many people work (higher daytime population) may be lower. Conversely actual crime rates may be higher in areas where many people commute out for work (lower daytime population).

    Street View