256 5th Ave
Midtown South
New York, NY, 10001

Built in 1915 this 12,899 sq.ft. building is 84% Office Space, 16% Retail and contains 0 residential units and 6 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 9 Minute walk, 0.5 Miles
    • Union Square Route LRoute NRoute QRoute RRoute 4Route 5Route 6 12 Minute walk, 0.6 Miles
    • 5th Av Route BRoute DRoute FRoute MRoute 7 13 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. 033 Chelsea Prep
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Chingchien Wang
        • Phone: 212-244-6426
        • Address: 281 9 Avenue
        • Website: schools.nyc.gov
    • Middle School

      • Warning: This property is located near the boundary of it's school zone.
      • Zoned to District 2. No zoned school. Contact 718-935-2383 for more information.
    • High School

      • Citywide High School Choice

    Public Records

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    • Zoning Lot Description (Other Documents) was filed on 2017-01-20. Parties: Five Points Jv L.P. Show Details
    • A Miscellaneous legal document filed on 2017-01-20. Parties: Five Points Ii LLC & The Setareh Family Limited Partnership & Five Points Jv L.P. Show Details
    • A Miscellaneous legal document filed on 2017-01-20. Parties: Goldman Sachs Bank Usa Show Details
    • Certificate (Other Documents) was filed on 2017-01-20. Parties: First American Title Insurance Company Show Details
    • 256 5Th Avenue LLC granted an easement to Five Points Ii LLC on 2016-08-02. Show Details
    • Development Rights (Deeds And Other Conveyances) was filed on 2016-08-09. Parties: 256 5Th Avenue LLC, Five Points Ii LLC Show Details
    • Mortgage Agreement for $0.00 dated 2016-08-02 between Five Points Ii LLC and 256 5Th Avenue LLC Show Details
    • A Miscellaneous legal document filed on 2016-08-09. Parties: First American International Bank Show Details
    • A Miscellaneous legal document filed on 2016-08-09. Parties: Bcb Community Bank Show Details
    • Certificate (Other Documents) was filed on 2016-08-09. Parties: First American Title Insurance Company Show Details
    • Initial UCC1 dated 2015-04-27, Debtor: 256 5Th Avenue LLC, Secured Party: Bcb Community Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2015-04-27. Parties: First Republic Bank, 256 5Th Avenue LLC Show Details
    • An Assignment of Leases and Rents was granted to 256 5Th Avenue LLC by Bcb Community Bank or 2015-03-31 Show Details
    • Mortgage Agreement for $10,000,000.00 dated 2015-03-31 between 256 5Th Avenue LLC and Bcb Community Bank Show Details
    • 256 5Th Avenue LLC took a mortgage for $5,068,792.29 from Bcb Community Bank on 2015-03-31. Show Details
    • On 2015-03-30 a mortgage on this property was transferred from First Republic Bank to Bcb Community Bank. Show Details
    • UCC3 Termination dated 2015-04-03, Debtor: 256 5Th Avenue LLC, Secured Party: First Republic Bank, Assignee: Show Details
    • UCC3 Termination dated 2015-04-03, Debtor: 256 5Th Avenue LLC, Secured Party: First Republic Bank, Assignee: Show Details
    • Initial UCC1 dated 2012-07-16, Debtor: 256 5Th Avenue LLC, Secured Party: First Republic Bank, Assignee: Show Details
    • Initial UCC1 dated 2012-06-29, Debtor: 256 5Th Avenue LLC, Secured Party: First Republic Bank, Assignee: Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-06-29. Parties: 256 5Th Avenue LLC, A Professional Corporation Geragos & Geragos Show Details
    • An Assignment of Leases and Rents was granted to A Delaware Llc 256 5Th Avenue Llc by First Republic Bank or 2012-06-12 Show Details
    • Mortgage Agreement for $5,265,000.00 dated 2012-06-12 between A Delaware Llc 256 5Th Avenue Llc and First Republic Bank Show Details
    • 256 5Th Avenue LLC took a mortgage for $2,765,000.00 from First Republic Bank on 2012-06-12. Show Details
    • On 2012-06-12 a mortgage on this property was transferred from Brick Flex Capital LLC to First Republic Bank. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2012-06-29. Parties: Brick Flex Capital LLC Show Details
    • Sbp Fifth Avenue, LLC sold this property to 256 5Th Avenue, LLC for $8,000,000.00 on 2012-06-12. Show Details
    • UCC3 Termination dated 2012-06-19, Debtor: Sbp Fifth Avenue, LLC, Secured Party: Brick Flex Capital LLC, Assignee: Show Details
    • Initial UCC1 dated 2011-02-24, Debtor: Sbp Fifth Avenue, LLC, Secured Party: Brick Flex Capital LLC, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Sbp Fifth Avenue, LLC by Brick Flex Capital LLC or 2011-01-27 Show Details
    • Sbp Fifth Avenue, LLC took a mortgage for $2,500,000.00 from Brick Flex Capital LLC on 2011-01-27. Show Details
    • Landmark Designation (Other Documents) was filed on 2010-11-30. Parties: Landmarks Preservation Comm Of The City Of Ny Show Details
    • Concord Partners 5Th Avenue LLC sold this property to Sbp Fifth Avenue, LLC for $6,500,000.00 on 2010-09-20. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2006-07-18. Parties: Manufacturers And Traders Trust Company, Inc. Simplon Hosiery Mills & Concord Partners 46Th Street LLC As Successor Show Details
    • On 2006-06-29 a mortgage on this property was transferred from Bankillinois & Main Street Bank & Trust to Manufacturers And Traders Trust Company. Show Details
    • Inc. Simplon Hosiery Mills sold this property to Concord Partners 5Th Avenue LLC for $0.00 on 2006-07-06. Show Details
    • Inc. Simplon Hosiery Mills & S/B/M Penn-Zone Management Inc. took a mortgage for $499,000.00 from Bankillinois on 2004-07-19. Show Details

    Lot

    Address
    256 5th Ave, 10001
    Square Footage
    2,467
    Lot Type
    Inside
    Dimensions
    24.67ft x 100.0ft
    BBL
    1008300041

    Neighborhood

    Neighborhood
    Midtown South
    Historic District
    Madison Square North
    Community District
    05
    City Council
    4
    Police Precinct
    13
    Fire Company
    E001
    School District
    2
    Census Tract
    76

    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
    $750,000
    MV Total
    $1,896,000
    AV Land
    $337,500
    AV Total
    $853,200

    Floor Area Ratio

    Built FAR
    5.23

    Residential
    Zoned FAR 10.0
    Max 24,670.0 sq. ft.
    Remaining 11,771.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 24,670.0 sq. ft.
    Remaining 11,771.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 24,670.0 sq. ft.
    Remaining 11,771.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Semi-Fireproof
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1915
    Alterations
    N/A
    Floors
    6.0
    Residential Units
    0
    Total Units
    6
    Floor Area
    12899
    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