386 5th Ave
Midtown South
New York, NY, 10018

Built in 1906 this 133,544 sq.ft. building is 94% Office Space, 6% Retail and contains 0 residential units and 52 non-residential units.

This property is currently Off Market.

    Transit

    • 34th St Route BRoute DRoute FRoute MRoute NRoute QRoute R 4 Minute walk, 0.2 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 8 Minute walk, 0.4 Miles
    • Union Square Route LRoute NRoute QRoute RRoute 4Route 5Route 6 20 Minute walk, 1.0 Miles
    • 34th St Route 1Route 2Route 3 9 Minute walk, 0.4 Miles
    • 5th Av Route BRoute DRoute FRoute MRoute 7 6 Minute walk, 0.3 Miles

    Schools

    • Elementary School

      • Warning: This property is located near the boundary of it's school zone.
      • P.S. 051 Elias Howe
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Nancy Sing Bock
        • Phone: 212-315-7160
        • Address: 525 West 44Th Street
        • 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

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

    • Zoning Lot Description (Other Documents) was filed on 2016-10-11. Parties: 390 Fifth LLC Show Details
    • Certificate (Other Documents) was filed on 2016-10-11. Parties: First American Title Insurance Company Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2016-06-24. Parties: 390 Fifth LLC, Bank Of America, N.A., Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2011-10-07. Parties: 390 Fifth LLC, Bank Of America, N.A., Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2009-08-21. Parties: 390 Fifth LLC, Wells Fargo Bank, N.A., As Trustee, Bank Of America, N.A., As Trustee Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2009-08-21. Parties: Wells Fargo Bank, N.A., As Trustee, Bank Of America, N.A., As Trustee Show Details
    • On 2009-07-06 a mortgage on this property was transferred from Wells Fargo Bank, N.A., As Trustee to Bank Of America, N.A., As Trustee. Show Details
    • Landmark Designation (Other Documents) was filed on 2009-02-20. Parties: Nyc Landmarks Preservation Commission Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2007-10-25. Parties: 390 Fifth LLC, National Association Wachovia Bank, Wells Fargo Bank, N.A., As Trustee Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2007-10-25. Parties: National Association Wachovia Bank, Wells Fargo Bank, N.A., As Trustee Show Details
    • On 2007-06-27 a mortgage on this property was transferred from National Association Wachovia Bank to Wells Fargo Bank, N.A., As Trustee. Show Details
    • Mortgage Agreement for $0.00 dated 2007-02-01 between Wachovia Bank and Inc. City Sports Show Details
    • Initial UCC1 dated 2006-12-19, Debtor: 390 Fifth LLC, Secured Party: National Association Wachovia Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-12-13. Parties: Lasalle National Bank Show Details
    • An Assignment of Leases and Rents was granted to by or 2006-12-06 Show Details
    • Mortgage Agreement for $35,000,000.00 dated 2006-12-06 between and Show Details
    • 390 Fifth LLC took a mortgage for $22,310,667.18 from National Association Wachovia Bank on 2006-12-06. Show Details
    • On 2006-12-04 a mortgage on this property was transferred from to . Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2005-09-08. Parties: 390 Fifth LLC, Inc. City Sports Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2004-04-09. Parties: Inc. Call-O-Call, N.A. As Administrative Agent Comm Bank Of America, N.A. Wells Fargo Bank Of Minnesota Show Details
    • Initial UCC1 dated 2004-03-29, Debtor: Inc. Call-O-Call, Secured Party: Financial Pacific Leasing, LLC, Assignee: N.A. And Commercial Agency Manage Bank Of America Show Details
    • A Miscellaneous legal document filed on 2001-06-15. Parties: Landmarks Preservation Commission Show Details
    • On 1998-08-28 a mortgage on this property was transferred from Chase Manhattan Bank to Lasalle National Bank Trustee. Show Details
    • On 1998-08-28 a mortgage on this property was transferred from Chase Manhattan Bank to Lasalle National Bank Trustee. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1997-08-08. Parties: 390 Fifth LLC, The Chase Manhattan Bank, Lasalle National Bank (Trustee) Show Details
    • Robert V. Schwalbe & 390 Manager LLC & Kmf Holding Corporation sold this property to 390 Fifth LLC for $0.00 on 1996-12-09. Show Details
    • Fred Schwalbe & Peer Schwalbe sold this property to 390 Manager LLC for $0.00 on 1996-12-09. Show Details
    • Jacques Estate Of Schwalbe & Peter As Executor Schwalbe sold this property to Robert V. Schwalbe for $0.00 on 1984-01-01. Show Details
    • 390 Fifth LLC. took a mortgage for $2,300,000.00 from Chase Manhattan Bank on 1996-12-24. Show Details
    • On 1996-12-24 a mortgage on this property was transferred from 390 Fifth LLC to Chase Manhattan Bank. Show Details
    • Mortgage Agreement for $0.00 dated 1996-12-24 between 390 Fifth LLC and Chase Manhattan Bank Show Details
    • On 1996-12-24 a mortgage on this property was transferred from Equitable Life Assurance Society to Chase Manhattan Bank. Show Details
    • Initial UCC1 dated 1996-12-20, Debtor: 390 Fifth LLC, Secured Party: The Chase Manhattan Bank, Assignee: Show Details
    • Jacques Estate Of Schwalbe & Peter Executor Schwalbe sold this property to Robert Schwalbe & Peter Schwalbe for $0.00 on 1996-10-30. Show Details
    • UCC3 Amendment dated 1993-07-26, Debtor: Peter Schwalbe & Jacques Schwalbe & Fred Schwalbe & Robert V Schwalbe & Kmf Holding Corporation, Secured Party: Equitable Life Assurance Society Of The United States, Assignee: Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 1993-01-20. Parties: Robert V. Schwalbe & Kmf Holding Corp & Jacques Schwalbe & Fred Schwalbe & Peter Schwalbe, Equitable Life Etc Show Details
    • UCC3 Amendment dated 1992-04-03, Debtor: Peter Schwalbe & Jacques Schwalbe & Fred Schwalbe & Robert V Schwalbe & Kmf Holding Corporation, Secured Party: Equitable Life Assurance Society Of The United States, Assignee: Show Details
    • UCC3 Amendment dated 1992-04-03, Debtor: Peter Schwalbe & Jacques Schwalbe & Fred Schwalbe & Robert V Schwalbe & Kmf Holding Corporation, Secured Party: Equitable Life Assurance Society Of The United States, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1992-04-01 between Robert V. Schwalbe & Jacques Schwalbe & Fred Schwalbe & Peter Schwalbe & Kmf Holding Corporation and Equitable Life Assuretc Show Details
    • Initial UCC1 dated 1991-09-18, Debtor: Peter Schwalbe & Jacques Schwalbe & Fred Schwalbe & Robert V Schwalbe & Kmf Holding Corporation, Secured Party: Equitable Life Assurance Society Of The United States, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1991-08-30 between Jacques Schwalbe & Fred Schwalbe & Peter Schwalbe & Kmf Holding Corporation & Robert V Schwalbe and Equitable Life Etc Show Details
    • Robert V Schwalbe was granted Power of Attorney for Jacques Schwalbe on 1991-08-30 Show Details
    • Peter Schwalbe was granted Power of Attorney for Jacques Schwalbe on 1991-08-30 Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1991-06-20. Parties: Kmf Holding Corporation - Ny Corp & Jacques Schwalbe & Fred Schwalbe & Robert V Schwalbe & Peter Schwalbe, Equitable Life Assurance Society Of The United States Show Details
    • Initial UCC1 dated 1986-06-20, Debtor: Kmf Holding Corporation - Ny Corp & Jacques Schwalbe & Fred Schwalbe & Robert V Schwalbe & Peter Schwalbe, Secured Party: Equitable Life Assurance Society Of The United States, Assignee: Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1986-06-20. Parties: Kmf Holding Corp & Jacques Schwalbe & Fred Schwalbe & Peter Schwalbe & Schwalbe Robert V., Equitable Life Assuretc Show Details
    • A Miscellaneous legal document filed on 1986-06-20. Parties: Manhattan Savings Bank Show Details
    • Mortgage Agreement for $0.00 dated 1986-06-20 between Robert V. Schwalbe & Kmf Holding Corp & Jacques Schwalbe & Fred Schwalbe & Peter Schwalbe and Equitable Life Assuretc Show Details
    • Robert V. Schwalbe & Jacques Schwalbe & Fred Schwalbe & Peter Schwalbe & Kmf Holding Corporation took a mortgage for $8,000,000.00 from Equitalbe Life Asrcetc. on 1986-06-20. Show Details
    • On 1986-06-20 a mortgage on this property was transferred from Manhattan Savings Bank to Equitable Life Assur.Soc. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1986-06-20. Parties: Jacques Schwalbe, Manhattan Svgs Bank Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1986-06-20. Parties: Jacques Schwalbe, Manhattan Svgs Bank Show Details
    • Mortgage Agreement for $0.00 dated 1985-07-26 between Fred Schwalbe & Jacques Schwalbe & Kmf Holding Corp. & Peter Schwalbe & Robert Schwalbe and Manhattan Savings Bank Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1985-07-12. Parties: Jacques Schwalbe Show Details
    • On 1985-07-12 a mortgage on this property was transferred from Robert V. Schwalbe & Kmf Holding Corp & Jacques Schwalbe & Fred Schwalbe & Peter Schwalbe to Manhattan Savings Bank. Show Details
    • On 1985-07-12 a mortgage on this property was transferred from Apple Bank For Savings to Manhattan Savings Bank. Show Details
    • Jacques Schwalbe sold this property to Robert Schwalbe for $0.00 on 1984-01-01. Show Details
    • Jacques Schwalbe sold this property to Fred Schwalbe for $0.00 on 1984-01-01. Show Details
    • Jacques Schwalbe sold this property to Peter Schwalbe for $0.00 on 1984-01-01. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1984-03-16. Parties: Jacques Schwalbe Show Details
    • Jacques Schwalbe & Fred Schwalbe & Peter Schwalbe & Kmf Holding Corporation & Robert V Schwalbe took a mortgage for $6,500,000.00 from Manhattan Savings Bank on 1984-03-16. Show Details
    • Kay Madison Corporation sold this property to Kmf Holding Corporation for $0.00 on 1983-10-03. Show Details
    • Kay Madison Corporation sold this property to Kmf Holding Corporation for $0.00 on 1983-10-03. Show Details
    • Jacques Schwalbe sold this property to Fred Schwalbe for $0.00 on 1983-06-28. Show Details
    • Jacques Schwalbe sold this property to Peter Schwalbe for $0.00 on 1983-06-28. Show Details
    • Jacques Schwalbe sold this property to Robert Schwalbe for $0.00 on 1970-02-02. Show Details
    • Jacques Schwalbe sold this property to Peter Schwalbe for $0.00 on 1970-02-02. Show Details
    • Jacques Schwalbe sold this property to Fred Schwalbe for $0.00 on 1970-02-02. Show Details
    • Mortgage Agreement for $0.00 dated 1982-07-01 between Jacques Schwalbe & Kay Madison Corp. & Fred Schwalbe & Peter Schwalbe and Harlem Savings Bank Show Details
    • Kay Madison Corporation & Jacques Schwalbe & Fred Schwalbe & Peter Schwalbe took a mortgage for $1,253,742.94 from Harlem Savings Bank on 1982-06-18. Show Details
    • On 1982-06-18 a mortgage on this property was transferred from Metropolitan Life Ins Co to Harlem Savings Bank. Show Details
    • Jacques Schwalbe sold this property to Fred Schwalbe for $0.00 on 1978-12-18. Show Details
    • Jacques Schwalbe sold this property to Peter Schwalbe for $0.00 on 1978-12-18. Show Details
    • Mortgage Agreement for $0.00 dated 1976-10-29 between Jacques Schwalbe & Kay Madison Corp and Metropolitan Life Ins Co Show Details
    • Abraham Sommer sold this property to Kay Madison Corp for $0.00 on 1970-01-13. Show Details
    • Jacques Schwalbe sold this property to Abraham Sommer for $0.00 on 1970-01-13. Show Details
    • Deena Management Corp sold this property to Jacques Schwalbe for $0.00 on 1969-10-02. Show Details
    • Mortgage Agreement for $0.00 dated 1969-10-01 between Deena Management Corp and Metropolitan Lf Insrnce Show Details
    • Jacques Schwalbe leased this property from Deena Management Corp on 1969-10-01 Show Details
    • Deena Management Corp took a mortgage for $0.00 from Metropolitan Lf Insrnce on 1969-10-01. Show Details
    • Henry S Tr Gottfried & Us Realty Investments & Edward Tr Ginsberg & Sheldon B Tr Guren sold this property to Deena Management Corp for $0.00 on 1969-10-01. Show Details
    • Jacques Schwalbe took a mortgage for $0.00 from 373 Associates Inc on 1969-03-28. Show Details
    • On 1969-03-28 a mortgage on this property was transferred from 373 Associates Inc to Jacques Schwalbe. Show Details

    Lot

    Address
    386 5th Ave, 10018
    Square Footage
    12,575
    Lot Type
    Corner
    Dimensions
    67.42ft x 166.83ft
    BBL
    1008370048

    Neighborhood

    Neighborhood
    NeighborhoodContent object
    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    14
    Fire Company
    E065
    School District
    2
    Census Tract
    84

    Zoning

    Zoning District
    C5-3
    Commercial Overlay
    N/A
    Split Zoning
    Yes
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    GORHAM BUILDING

    Assessment

    Tax Class
    4
    MV Land
    $14,900,000
    MV Total
    $34,734,000
    AV Land
    $6,705,000
    AV Total
    $15,630,300

    Floor Area Ratio

    Built FAR
    10.62

    Residential
    Zoned FAR 10.0
    Max 125,750.0 sq. ft.
    Remaining -7,794.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 188,625.0 sq. ft.
    Remaining 55,081.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 188,625.0 sq. ft.
    Remaining 55,081.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Bank Building - Designed Exclusively For Banking
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1906
    Alterations
    N/A
    Floors
    8.0
    Residential Units
    0
    Total Units
    52
    Floor Area
    133544
    Basement
    Full Basement Below Grade
    Proximity
    Attached

    Crime

    This property is located in the Midtown South Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the Midtown South Precinct saw 11196 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

    Very high
    In 2015 the Midtown South Precinct saw 2014 felony violent crimes (Murder, Rape, Robbery and Felony Assault) committed per 100,000 residents**. This is higher 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