259 5th Ave
Midtown South
New York, NY, 10016

Built in 1928 this 444,716 sq.ft. building is 96% Office Space, 4% Retail and contains 0 residential units and 72 non-residential units.

This property is currently Off Market.

    Transit

    • 28th St Route NRoute R 3 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 8 Minute walk, 0.4 Miles
    • 34th St Route 1Route 2Route 3 9 Minute walk, 0.5 Miles
    • 5th Av Route BRoute DRoute FRoute MRoute 7 13 Minute walk, 0.7 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 15 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

    Public Records

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

    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2015-12-09. Show Details
    • On 2015-12-03 a mortgage on this property was transferred from As Trustee U.S. Bank National Association to As Trustee U.S. Bank National Association. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2015-10-14. Show Details
    • On 2015-09-16 a mortgage on this property was transferred from N.A. Bank Of America to As Trustee U.S. Bank National Association. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2015-08-21. Show Details
    • Initial UCC1 dated 2015-08-21, Secured Party: N.A. Bank Of America Show Details
    • A mortgage agreement for $180,000,000.00 was filed on 2015-08-06 Show Details
    • A $39,000,000.00 mortgage was taken from N.A. Bank Of America on 2015-08-06. Show Details
    • On 2015-07-31 a mortgage on this property was transferred from Nationalassociation U.S. Bank to N.A. Bank Of America. Show Details
    • Landmark Designation (Other Documents) was filed on 2010-11-30. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2006-02-06. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2006-02-06. Show Details
    • On 2005-11-30 a mortgage on this property was transferred from Morgan Stanley Mortgage Capital Inc. to U.S. Bank, National Association, As Trustee. Show Details
    • An Assignment of Leases and Rents was filed on 2005-07-28 Show Details
    • A mortgage agreement for $141,000,000.00 was filed on 2005-07-28 Show Details
    • A $81,000,000.00 mortgage was taken from Morgan Stanley Mortgage Capital Inc. on 2005-07-28. Show Details
    • On 2005-07-28 a mortgage on this property was transferred from As Trustee Lasalle Bank National Association to Morgan Stanley Mortgage Capital Inc.. Show Details
    • A mortgage agreement for $0.00 was filed on 2005-07-28 Show Details
    • This property was sold for $180,000,000.00 on 2005-07-28. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2005-09-27. Show Details
    • UCC3 Termination dated 2005-09-19, Secured Party: Lasalle Bank National Association, Assignee: Show Details
    • Initial UCC1 dated 2005-09-19, Secured Party: Morgan Stanley Mortgage Capital Inc. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2005-01-28. Show Details
    • UCC3 Termination dated 2004-11-03, Secured Party: Joseph D Long, Assignee: Show Details
    • Initial UCC1 dated 2004-11-03, Secured Party: Lehman Brothers Bank, FSB Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2004-10-13. Show Details
    • On 2004-02-11 a mortgage on this property was transferred from Lehman Brothers Bank to As Trustee Lasalle Bank National Association. Show Details
    • An Assignment of Leases and Rents was filed on 2004-02-11 Show Details
    • A $60,000,000.00 mortgage was taken from Lehman Brothers Bank, FSB on 2004-02-11. Show Details
    • This property was sold for $114,000,000.00 on 2004-02-11. Show Details
    • UCC3 Termination dated 2004-01-13, Secured Party: Summit Bank, Assignee: Show Details
    • Initial UCC1 dated 2003-06-20, Secured Party: D J Long Show Details
    • A mortgage with Equitable Life Assurance Society/The U.S. was satisfied on 2000-11-14. Show Details
    • Withheld Satisfaction (Mortgages & Instruments) was filed on 2000-05-18. Show Details
    • This property was sold for $0.00 on 2000-05-08. Show Details
    • A Miscellaneous legal document filed on 2000-02-01. Show Details
    • A mortgage with Chase Manhattan Bank was satisfied on 2000-02-01. Show Details
    • A Miscellaneous legal document filed on 2000-02-01. Show Details
    • A mortgage with Chase Manhattan Bank was satisfied on 2000-02-01. Show Details
    • A mortgage with Chase Manhattan Bank was satisfied on 2000-02-01. Show Details
    • A Miscellaneous legal document filed on 2000-02-01. Show Details
    • A Miscellaneous legal document filed on 2000-02-01. Show Details
    • UCC3 Termination dated 2000-01-26, Secured Party: Chase Manhattan Bankn.A., Assignee: Show Details
    • A mortgage agreement for $0.00 was filed on 1999-06-07 Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1998-09-04. Show Details
    • A mortgage agreement for $0.00 was filed on 1998-07-20 Show Details
    • A mortgage agreement for $0.00 was filed on 1997-06-02 Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1997-03-05. Show Details
    • A $12,637,500.41 mortgage was taken from Chase Manhattan Bank on 1996-02-16. Show Details
    • A $7,177.00 mortgage was taken from Chase Manhattan Bank on 1996-02-16. Show Details
    • A $10,750,000.00 mortgage was taken from Chase Manhattan Bank on 1995-04-28. Show Details
    • A $1,766,002.26 mortgage was taken 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
    • A $10,750,000.00 mortgage was taken from Chase Manhattan Bank on 1995-01-06. Show Details
    • Initial UCC1 dated 1994-12-07, Secured Party: Chase Manhattan Bankn.A. Show Details
    • A mortgage agreement for $0.00 was filed on 1994-03-04 Show Details
    • Initial UCC1 dated 1994-02-02, Secured Party: Chase Manhattan Bankn.A. Show Details
    • A $2,586,000.00 mortgage was taken from Chase Manhattan Bank on 1994-02-01. Show Details
    • A mortgage agreement for $0.00 was filed on 1993-02-23 Show Details
    • A mortgage agreement for $0.00 was filed on 1993-02-23 Show Details
    • A mortgage agreement for $0.00 was filed on 1991-04-10 Show Details
    • A $3,200,000.00 mortgage was taken from Chase Manhattan Bankna on 1991-04-10. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1991-04-04. Show Details
    • Initial UCC1 dated 1991-04-04, Secured Party: N.A. Chase Manhattan Bank Show Details
    • On 1986-11-17 a mortgage on this property was transferred from Bowery Savings Bank to Chase Manhattan Bank. Show Details
    • A mortgage agreement for $0.00 was filed on 1986-10-29 Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1986-10-29. Show Details
    • A mortgage agreement for $0.00 was filed on 1986-04-23 Show Details
    • A mortgage agreement for $0.00 was filed on 1984-08-27 Show Details
    • A $250,000.00 mortgage was taken from Bowery Savings Bank on 1984-08-27. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1984-08-27. Show Details
    • A mortgage agreement for $0.00 was filed on 1981-01-14 Show Details
    • A mortgage agreement for $0.00 was filed on 1972-10-03 Show Details
    • Sundry Mortgage (Mortgages & Instruments) was filed on 1972-10-03. Show Details
    • On 1972-10-03 a mortgage on this property was transferred from Investment Properties to Bowery Savings Bank. Show Details
    • A $0.00 mortgage was taken from Bowery Savings Bank on 1972-10-03. Show Details
    • A $0.00 mortgage was taken from First Ntnl Bk Chicago & Rr Tr Manchester on 1969-12-08. Show Details
    • This property was sold for $0.00 on 1969-12-08. Show Details
    • This property was sold for $0.00 on 1969-12-08. Show Details
    • This property was sold for $0.00 on 1969-12-08. Show Details
    • This property was sold for $0.00 on 1967-05-12. Show Details
    • A mortgage agreement for $0.00 was filed on 1967-02-28 Show Details
    • This property was sold for $0.00 on 1967-02-02. Show Details
    • A $0.00 mortgage was taken from Bowery Savings Bank on 1967-02-02. Show Details
    • This property was sold for $0.00 on 1967-02-02. Show Details

    Lot

    Address
    259 5th Ave, 10016
    Square Footage
    15,849
    Lot Type
    Corner
    Dimensions
    98.75ft x 160.5ft
    BBL
    1008580078

    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
    74

    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
    $24,700,000
    MV Total
    $88,361,000
    AV Land
    $11,115,000
    AV Total
    $39,762,450

    Floor Area Ratio

    Built FAR
    28.06

    Residential
    Zoned FAR 10.0
    Max 158,490.0 sq. ft.
    Remaining -286,226.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 158,490.0 sq. ft.
    Remaining -286,226.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 158,490.0 sq. ft.
    Remaining -286,226.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Tower Type
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1928
    Alterations
    N/A
    Floors
    25.0
    Residential Units
    0
    Total Units
    72
    Floor Area
    444716
    Basement
    Full Basement Below Grade
    Proximity
    Semi-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