397 5th Ave #0
Murray Hill
New York, NY, 10016

Built in 1905 this 156,751 sq.ft. building is 88% Office Space, 10% Retail, 2% Storage and contains 0 residential units and 17 non-residential units.

This property is currently Off Market.

    Transit

    • 5th Av Route BRoute DRoute FRoute MRoute 7 5 Minute walk, 0.3 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 7 Minute walk, 0.3 Miles
    • Times Square-42nd St Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 9 Minute walk, 0.5 Miles
    • 34th St Route BRoute DRoute FRoute MRoute NRoute QRoute R 6 Minute walk, 0.3 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

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    • Declaration (Other Documents) was filed on 2006-07-12. Parties: Lehman Brothers Holdings Inc. Show Details
    • 400 Fifth Avenue Holdings LLC took a mortgage for $25,000,000.00 from Lehman Brothers Holdings Inc. on 2006-05-30. Show Details
    • Mortgage Agreement for $0.00 dated 2006-05-30 between 401 Fifth LLC and 400 Fifth Avenue Holdings LLC Show Details
    • 9 East 36Th LLC sold this property to 401 Fifth LLC for $0.00 on 2006-05-30. Show Details
    • 401 Fifth LLC sold this property to 400 Fifth Avenue Holdings LLC for $0.00 on 2006-05-30. Show Details
    • 9 East 36Th LLC sold this property to 400 Fifth Avenue Holdings LLC for $25,000,000.00 on 2006-05-30. Show Details
    • Declaration (Other Documents) was filed on 2006-07-12. Parties: Inc. Mortgage Electronic Registration Systems, Wells Fargo Bank, N.A, As Trustee Show Details
    • Declaration (Other Documents) was filed on 2006-07-12. Parties: 9 East 36Th LLC, 401 Fifth LLC Show Details
    • Certificate (Other Documents) was filed on 2006-07-12. Parties: Commonwealth Land Title Insurance Company Show Details
    • UCC3 Release / UCC Amendment dated 2006-07-12, Debtor: 401 Fifth LLC, Secured Party: Inc. Mortgage Electronic Registration Systems, Assignee: Show Details

    Lot

    Address
    397 5th Ave #0, 10016
    Square Footage
    17,048
    Lot Type
    Corner
    Dimensions
    117.0ft x 152.0ft
    BBL
    1008660076

    Neighborhood

    Neighborhood
    Murray Hill
    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    14
    Fire Company
    E065
    School District
    2
    Census Tract
    82

    Zoning

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

    Assessment

    Tax Class
    4
    MV Land
    $12,800,000
    MV Total
    $56,926,000
    AV Land
    $5,760,000
    AV Total
    $25,616,700

    Floor Area Ratio

    Built FAR
    9.19

    Residential
    Zoned FAR 10.0
    Max 170,480.0 sq. ft.
    Remaining 13,729.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 255,720.0 sq. ft.
    Remaining 98,969.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 255,720.0 sq. ft.
    Remaining 98,969.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Bank Building - Designed Exclusively For Banking
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1905
    Alterations
    N/A
    Floors
    8.5
    Residential Units
    0
    Total Units
    17
    Floor Area
    156751
    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