245 5th Ave
Flatiron
New York, NY, 10016

Built in 1927 this 258,639 sq.ft. building is 96% Office Space, 4% Retail and contains 0 residential units and 73 non-residential units.

This property is currently Off Market.

    Transit

    • 28th St Route NRoute R 2 Minute walk, 0.1 Miles
    • 28th St Route 6 4 Minute walk, 0.2 Miles
    • 34th St Route BRoute DRoute FRoute MRoute NRoute QRoute R 6 Minute walk, 0.3 Miles
    • 28th St Route 1 7 Minute walk, 0.4 Miles
    • 34th St Route 1Route 2Route 3 10 Minute walk, 0.5 Miles
    • Union Square Route LRoute NRoute QRoute RRoute 4Route 5Route 6 12 Minute walk, 0.6 Miles
    • 23rd St Route CRoute E 13 Minute walk, 0.7 Miles
    • 34th St Route ARoute CRoute E 14 Minute walk, 0.7 Miles
    • Times Square-42nd St Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 15 Minute walk, 0.8 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 16 Minute walk, 0.8 Miles

    Schools

    • Elementary School

      • Warning: This property is located near the boundary of it's school zone.
      • P.S. 116 Mary Lindley Murray
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Jane Hsu
        • Phone: 212-685-4366
        • Address: 210 East 33 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

    Units at this Address

    PriceUnitLast UpdateStatusPublic Records
    607Off Market2

    Public Records

    Get a free price estimate for this property to determine how much it should sell for. Start Now

    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-03-03. Parties: New York Branch Deutsche Bank Ag Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-03-03. Parties: New York Branch Deutsche Bank Ag Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-03-03. Parties: New York Branch Deutsche Bank Ag Show Details
    • Initial UCC1 dated 2016-03-03, Debtor: 245 Fifth Owner LLC, Secured Party: American General Life Insurance Company & The Variable Annuity Life Insurance Company & The United States Life Insurance Company In The, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 245 Fifth Owner LLC by American General Life Insurance Company & The Variable Annuity Life Insurance Company & The United States Life Insurance Company In The or 2016-02-12 Show Details
    • Mortgage Agreement for $160,000,000.00 dated 2016-02-12 between 245 Fifth Owner LLC and American General Life Insurance Company & The Variable Annuity Life Insurance Company & The United States Life Insurance Company In The Show Details
    • 245 Fifth Owner LLC took a mortgage for $10,000,000.01 from American General Life Insurance Company & The Variable Annuity Life Insurance Company & The United States Life Insurance Company In The on 2016-02-12. Show Details
    • On 2016-02-12 a mortgage on this property was transferred from New York Branch Deutsche Bank Ag to American General Life Insurance Company & The Variable Annuity Life Insurance Company & The United States Life Insurance Company In The. Show Details
    • On 2016-02-12 a mortgage on this property was transferred from New York Branch Deutsche Bank Ag to American General Life Insurance Company & The Variable Annuity Life Insurance Company & The United States Life Insurance Company In The. Show Details
    • On 2016-02-12 a mortgage on this property was transferred from New York Branch Deutsche Bank Ag to American General Life Insurance Company & The Variable Annuity Life Insurance Company & The United States Life Insurance Company In The. Show Details
    • UCC3 Termination dated 2016-02-05, Debtor: 245 Fifth Owner LLC, Secured Party: N.A Bank Of America, Assignee: Show Details
    • Joseph Moinian sold this property to Moinian Limited for $0.00 on 2015-05-22. Show Details
    • Joseph Moinian sold this property to 245 Fifth Holdings LLC for $0.00 on 2015-05-22. Show Details
    • An Assignment of Leases and Rents was granted to 245 Fifth Owner LLC by Deutsche Bank Ag or 2014-07-11 Show Details
    • 245 Fifth Owner LLC took a mortgage for $10,000,000.00 from Deutsche Bank Ag on 2014-07-11. Show Details
    • An Assignment of Leases and Rents was granted to 245 Fifth Owner LLC by Deutsche Bank Ag or 2014-07-11 Show Details
    • 245 Fifth Owner LLC took a mortgage for $10,000,000.00 from Deutsche Bank Ag on 2014-07-11. Show Details
    • An Assignment of Leases and Rents was granted to 245 Fifth Owner LLC by Deutsche Bank Ag or 2014-07-11 Show Details
    • Mortgage Agreement for $130,000,000.00 dated 2014-07-11 between 245 Fifth Owner LLC and Deutsche Bank Ag Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2014-07-24. Parties: U.S. Bank National Association Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2014-07-24. Parties: N.A. Bank Of America, U.S. Bank National Association Show Details
    • On 2014-07-03 a mortgage on this property was transferred from U.S. Bank National Association to Deutsche Bank Ag. Show Details
    • On 2014-07-03 a mortgage on this property was transferred from N.A. Bank Of America to U.S. Bank National Association. Show Details
    • UCC3 Termination dated 2014-07-16, Debtor: W2007 245 Fifth Realty, LLC, Secured Party: Bankof America, N.A., As Trustee For The Registere, Assignee: Show Details
    • UCC3 Amendment dated 2012-01-17, Debtor: Sabrina Singh & Yodha Singh, Secured Party: Citibank, NA, Assignee: Show Details
    • Initial Coop UCC1 dated 2011-12-02, Debtor: Sabrina Singh & Yodha Singh, Secured Party: Citibank, NA, Assignee: Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2011-11-14. Parties: W2007 245 Fifth Realty, LLC, Bankof America, N.A., As Trustee For The Registere Show Details
    • Initial UCC1 dated 2011-04-22, Debtor: 245 Fifth Owner LLC, Secured Party: N.A Bank Of America, Assignee: Show Details
    • UCC3 Amendment dated 2011-04-22, Debtor: W2007 245 Fifth Realty, LLC & 245 Fifth Owner LLC, Secured Party: N.A Bank Of America, Assignee: Show Details
    • Mortgage Agreement for $140,000,000.00 dated 2011-04-08 between Joseph Moinian & W2007 245 Fifth Realty, LLC & Whitehall Street Global Real Estate Limited & Joseph J Sitt & 245 Fifth Owner LLC and N.A Bank Of America Show Details
    • W2007 245 Fifth Realty, LLC sold this property to 245 Fifth Owner LLC for $161,500,000.00 on 2011-04-08. Show Details
    • Landmark Designation (Other Documents) was filed on 2010-11-30. Parties: Landmarks Preservation Comm. Of The City Of Ny & Landmarks Preservation Comm Of The City Of Ny Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2009-10-02. Parties: W2007 245 Fifth Realty, LLC, Wells Fargo Bank, N.A., As Trustee For The Registe, Bank Of America, N.A., As Trustee For The Register Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2009-10-02. Parties: Wells Fargo Bank, N.A., As Trustee For The Registe, Bank Of America, N.A., As Trustee For The Register Show Details
    • On 2009-07-06 a mortgage on this property was transferred from Wells Fargo Bank, N.A., As Trustee For The Registe to Bank Of America, N.A., As Trustee For The Register. Show Details
    • On 2007-04-26 a mortgage on this property was transferred from Column Financial to Wells Fargo Bank As Trustee. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2008-11-03. Parties: Column Financial, Wells Fargo Bank As Trustee Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2008-09-19. Parties: W2007 245 Fifth Realty, LLC, Column Financial, Wells Fargo Bank As Trustee Show Details
    • UCC3 Termination dated 2007-05-07, Debtor: Smii Fifth Avenue LLC, Secured Party: New York Life Insurance Company, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-05-07. Parties: New York Life Insurance Company Show Details
    • Initial UCC1 dated 2007-05-07, Debtor: W2007 245 Fifth Realty, LLC, Secured Party: Column Financial, INC, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to W2007 245 Fifth Realty, LLC by Column Financial, INC or 2007-04-26 Show Details
    • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2007-05-07. Parties: W2007 245 Fifth Realty, LLC, Column Financial, INC Show Details
    • On 2007-04-26 a mortgage on this property was transferred from New York Life Insurance Company to Column Financial, INC. Show Details
    • Smii Fifth Avenue LLC sold this property to W2007 245 Fifth Realty, LLC for $190,000,000.00 on 2007-04-26. Show Details
    • Inc Park Avenue Real Estate Holdings sold this property to Inc. Chatham Imports for $0.00 on 2007-02-01. Show Details
    • Initial UCC1 dated 2005-07-05, Debtor: Smii Fifth Avenue LLC, Secured Party: New York Life Insurance Company, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to New York Life Insurance Company by Smii Fifth Avenue LLC or 2005-05-26 Show Details
    • Smii Fifth Avenue LLC took a mortgage for $37,500,000.00 from New York Life Insurance Company on 2005-05-26. Show Details
    • Fifth Avenue And Twenty Eighth Street Corp. Satisfied their Mortgage with Troy Savings Bank on 2000-11-14. Show Details
    • Investment Properties Assocs. sold this property to Smii 5Th Ave. LLC for $0.00 on 2000-05-08. Show Details
    • Withheld Satisfaction (Mortgages & Instruments) was filed on 2000-05-18. Parties: 5Th Ave. & 28Th St.Corp., Troy Savings Bank Show Details
    • Investment Properties Assocs. leased this property from Investment Properties Assocs. on 2000-05-08 Show Details
    • A Miscellaneous legal document filed on 2000-02-01. Parties: Chase Manhattan Bank Show Details
    • Investment Properties Associates Satisfied their Mortgage with Chase Manhattan Bank on 2000-02-01. Show Details
    • A Miscellaneous legal document filed on 2000-02-01. Parties: Chase Manhattan Bank Show Details
    • Investment Properties Associates Satisfied their Mortgage with Chase Manhattan Bank on 2000-02-01. Show Details
    • Investment Properties Associates Satisfied their Mortgage with Chase Manhattan Bank on 2000-02-01. Show Details
    • A Miscellaneous legal document filed on 2000-02-01. Parties: Chase Manhattan Bank Show Details
    • A Miscellaneous legal document filed on 2000-02-01. Parties: Chase Manhattan Bank Show Details
    • UCC3 Termination dated 2000-01-26, Debtor: Investment Properties Associates, Secured Party: Chase Manhattan Bankn.A., Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1999-06-07 between L.P. Investment Properties Associates and Chase Manhattan Bank Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1998-09-04. Parties: Investment Properties Associates, Chase Manhattan Bankn.A. Show Details
    • Mortgage Agreement for $0.00 dated 1998-07-20 between Investment Properties Associates and Chase Manhattan Bank Show Details
    • Mortgage Agreement for $0.00 dated 1997-06-02 between Investment Properties Associates and Chase Manhattan Bank Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1997-03-05. Parties: Investment Properties Associates, Chase Manhattan Bankn.A., The Chase Manhattan Bank Show Details
    • Investment Properties Associates took a mortgage for $7,716,985.30 from Chase Manhattan Bank on 1996-02-16. Show Details
    • Investment Properties Associates took a mortgage for $12,637,500.41 from Chase Manhattan Bank on 1996-02-16. Show Details
    • Investment Properties Associates took a mortgage for $10,750,000.00 from Chase Manhattan Bank on 1995-04-28. Show Details
    • Investment Properties Associates took a mortgage for $1,766,002.26 from Chase Manhattan Bank on 1995-04-28. Show Details
    • On 1995-01-06 a mortgage on this property was transferred from R.D. Trustee Manella & First National Bankof Chicago to N.A. Chase Manhattan Bank. Show Details
    • Investment Properties Associates took a mortgage for $10,750,000.00 from Chase Manhattan Bank on 1995-01-06. Show Details
    • Initial UCC1 dated 1994-12-07, Debtor: Investment Properties Associates, Secured Party: Chase Manhattan Bankn.A., Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1994-03-04 between Chase Manhattan Bank and R.D. Trustee Manella & First National Bank/Chicago Trst Show Details
    • Initial UCC1 dated 1994-02-02, Debtor: Investment Properties Associates, Secured Party: Chase Manhattan Bankn.A., Assignee: Show Details
    • Investment Properties Associates took a mortgage for $1,152,000.00 from Chase Manhattan Bank on 1994-02-01. Show Details
    • Mortgage Agreement for $0.00 dated 1993-02-23 between Investment Prpts Assoc and Chase Manhattan Bankna Show Details
    • Mortgage Agreement for $0.00 dated 1993-02-23 between Investment Prpts Assoc and Chase Manhattan Bankna Show Details
    • Mortgage Agreement for $0.00 dated 1993-02-23 between Invesment Prpts Assoc and Chase Manhattan Bankna Show Details
    • Mortgage Agreement for $0.00 dated 1991-04-10 between R.D. Manella & First Ntl Bk Chicago and Chase Manhattan Bankna Show Details
    • Investment Ppts Assoc took a mortgage for $2,000,000.00 from Chase Manhattan Bankna on 1991-04-10. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1991-04-04. Parties: Investment Prprts Assoc, Chase Manhattan Bk Show Details
    • Initial UCC1 dated 1991-04-04, Debtor: Investment Properties Associates, Secured Party: N.A. Chase Manhattan Bank, Assignee: Show Details
    • UCC3 Termination dated 1990-01-29, Debtor: Inc. Ni World Trade, Secured Party: Foxmeyer Corp, Assignee: Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1990-01-29. Parties: Ni World Trade Incorp, Fox Meyer Corp Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1989-04-06. Parties: Investment Propert/Assoc, Chase Manhattan Bank Show Details
    • Investment Propert/Assoc took a mortgage for $2,734,000.00 from Chase Manhattan Bank on 1989-04-05. Show Details
    • Mortgage Agreement for $0.00 dated 1989-04-05 between Chase Manhattan Bank and First National Bnk/Chcgo Show Details
    • Initial UCC1 dated 1988-12-16, Debtor: Inc. Ni World Trade, Secured Party: Foxmeyer Corp, Assignee: Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1988-12-16. Parties: Ni World Trade Inc, Foxmeyer Corp Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1988-07-20. Parties: Investment Ppts Assoc, Chase Manhattan Bank Show Details
    • Mortgage Agreement for $0.00 dated 1986-04-02 between Chase Manhattan Bank and Investment Propts Assoc. Show Details
    • Investment Prprts Assoc took a mortgage for $1,529,931.34 from Chase Manhattan Bankna on 1986-04-02. Show Details
    • On 1986-04-02 a mortgage on this property was transferred from East N.Y. Savings Bank to Chase Manhattan Bank, NA. Show Details
    • Mortgage Agreement for $0.00 dated 1986-04-02 between R.D. Manella & First Natl Bk Chicago and Chase Manhattan Bankna Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1986-04-02. Parties: Investment Prop Assoc, Chase Manhattan Bankna Show Details
    • 245 Fifth Ave.Realtyco. sold this property to Investment Propty Assoc. for $0.00 on 1983-03-28. Show Details
    • Investment Properties took a mortgage for $0.00 from First Ntnl Bk Chicago & Rr Tr Manchester on 1969-12-08. Show Details
    • On 1969-12-08 a mortgage on this property was transferred from Alpha Associates to Investment Properties. Show Details
    • On 1969-04-14 a mortgage on this property was transferred from F W A Realty Corp to Alpha Associates. Show Details
    • ... and 2 older documents.

    Lot

    Address
    245 5th Ave, 10016
    Square Footage
    11,100
    Lot Type
    Corner
    Dimensions
    86.83ft x 125.0ft
    BBL
    1008570076

    Neighborhood

    Neighborhood
    NeighborhoodContent object
    Historic District
    Madison Square North
    Community District
    05
    City Council
    2
    Police Precinct
    13
    Fire Company
    E001
    School District
    2
    Census Tract
    56

    Zoning

    Zoning District
    C5-2
    Commercial Overlay
    N/A
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $13,000,000
    MV Total
    $75,715,000
    AV Land
    $5,850,000
    AV Total
    $34,071,750

    Floor Area Ratio

    Built FAR
    23.3

    Residential
    Zoned FAR 10.0
    Max 111,000.0 sq. ft.
    Remaining -147,639.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 111,000.0 sq. ft.
    Remaining -147,639.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 111,000.0 sq. ft.
    Remaining -147,639.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Tower Type
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1927
    Alterations
    N/A
    Floors
    24.0
    Residential Units
    0
    Total Units
    73
    Floor Area
    258639
    Basement
    Full Basement Below Grade
    Proximity
    Unknown

    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