402 5th Ave
Midtown South
New York, NY, 10018

Built in 1915 this 83,278 sq.ft. building is 82% Office Space, 18% Retail and contains 0 residential units and 12 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 8 Minute walk, 0.4 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

    • An Assignment of Leases and Rents was granted to 404 Fifth Owner LLC by Signature Bank or 2016-05-12 Show Details
    • Mortgage Agreement for $65,000,000.00 dated 2016-05-12 between 404 Fifth Owner LLC and Signature Bank Show Details
    • 404 Fifth Owner LLC took a mortgage for $39,576,520.75 from Signature Bank on 2016-05-12. Show Details
    • On 2016-05-12 a mortgage on this property was transferred from As Trustee U.S. Bankl National Association to Signature Bank. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-05-25. Parties: 404 Fifth Owner LLC, As Trustee U.S. Bankl National Association Show Details
    • Mortgage Agreement for $0.00 dated 2015-08-27 between 404 Fifth Avenue Tenant LLC and U.S. Bank National Association Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2015-09-17. Parties: 404 Fifth Owner LLC, Bank Of America, N.A., As Trustee, As Trustee U.S. Bank National Association Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2015-09-17. Parties: Bank Of America, N.A., As Trustee, As Trustee U.S. Bank National Association Show Details
    • On 2015-09-08 a mortgage on this property was transferred from Bank Of America, N.A., As Trustee to As Trustee U.S. Bank National Association. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2011-10-14. Parties: 404 Fifth Owner LLC, Bank Of America, N.A., As Trustee Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2009-08-21. Parties: 404 Fifth Owner 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
    • Zoning Lot Description (Other Documents) was filed on 2008-01-22. Parties: 400 Fifth Realty LLC Show Details
    • An Assignment of Leases and Rents was granted to 400 Fifth Realty LLC by Unicredit Banca D'Impresa S.P.A. or 2007-12-21 Show Details
    • 400 Fifth Realty LLC took a mortgage for $73,807,349.00 from Unicredit Banca D'Impresa S.P.A. on 2007-12-21. Show Details
    • 400 Fifth Realty LLC took a mortgage for $274,878,068.00 from Unicredit Banca D'Impresa S.P.A. on 2007-12-21. Show Details
    • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2008-01-14. Parties: 400 Fifth Realty LLC, Unicredit Banca D'Impresa S.P.A. Show Details
    • Mortgage Spreader Agreement (Mortgages & Instruments) was filed on 2008-01-14. Parties: 400 Fifth Realty LLC, Unicredit Banca D'Impresa S.P.A. Show Details
    • 400 Fifth Realty LLC took a mortgage for $14,391,519.00 from Unicredit Banca D'Impresa S.P.A. on 2007-12-21. Show Details
    • Development Rights (Deeds And Other Conveyances) was filed on 2007-12-19. Parties: 400 Fifth Realty LLC & 401 Fifth LLC, 400 Fifth Realty LLC & 404 Fifth LLC Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2007-12-19. Parties: 400 Fifth Realty LLC, 404 Fifth LLC Show Details
    • A Miscellaneous legal document filed on 2007-12-19. Parties: Unicredit Banca D'Impresa S.P.A. Show Details
    • A Miscellaneous legal document filed on 2007-12-19. Parties: Banca Italease S.P.A. Show Details
    • A Miscellaneous legal document filed on 2007-12-19. Parties: N.A. Wells Fargo Bank Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2007-12-19. Parties: National Association Wachovia Bank, N.A. Wells Fargo Bank Show Details
    • On 2006-12-21 a mortgage on this property was transferred from National Association Wachovia Bank to N.A. Wells Fargo Bank. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2007-12-04. Parties: 404 Fifth Owner LLC, National Association Wachovia Bank, Wells Fargo Bank, N.A., As Trustee Show Details
    • Landmark Designation (Other Documents) was filed on 2007-09-24. Parties: Landmarks Preservation Commission Show Details
    • Exec. Daniel M. Zane & The Estate Of Leo Hanan sold this property to Robert Hockstein for $0.00 on 2007-05-23. Show Details
    • Exec. Daniel M. Zane & The Estate Of Leo Hanan sold this property to Joan Abramson for $0.00 on 2007-05-23. Show Details
    • Initial UCC1 dated 2007-03-13, Debtor: 404 Fifth Owner LLC, Secured Party: National Association Wachovia Bank, Assignee: Show Details
    • Mortgage Agreement for $28,000,000.00 dated 2007-02-07 between 404 Fifth Owner LLC and National Association Wachovia Bank Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-01-25. Parties: Lasalle Bank National Association, 404 Fifth LLC Show Details
    • An Assignment of Leases and Rents was granted to 404 Fifth Avenue Owner, LLC by National Association Wachovia Bank or 2006-12-21 Show Details
    • Mortgage Agreement for $28,000,000.00 dated 2006-12-21 between and Show Details
    • 404 Fifth Avenue Owner, LLC took a mortgage for $10,733,741.02 from National Association Wachovia Bank on 2006-12-21. Show Details
    • On 2006-12-21 a mortgage on this property was transferred from Lasalle Bank National Association to National Association Wachovia Bank. Show Details
    • 404 Fifth LLC sold this property to 404 Fifth Owner LLC for $0.00 on 2006-12-15. Show Details
    • Mortgage Agreement for $0.00 dated 2006-05-30 between and Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2006-01-23. Parties: 404 Fifth LLC, Lasalle Bank National Asso. And Lb-Ubs Commercial Show Details
    • Zoning Lot Description (Other Documents) was filed on 2005-12-23. Parties: 400 Fifth Avenue Holdings LLC Show Details
    • Certificate (Other Documents) was filed on 2005-12-23. Parties: Show Details
    • Declaration (Other Documents) was filed on 2005-12-23. Parties: Lasalle Bank National Association Show Details
    • was granted Power of Attorney for on 2005-10-31 Show Details
    • Declaration (Other Documents) was filed on 2005-12-23. Parties: Lehman Brothers Holdings Inc. Show Details
    • Declaration (Other Documents) was filed on 2005-12-23. Parties: 400 Fifth Avenue Holdings LLC, 404 Fifth LLC Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2005-12-23. Parties: 404 Fifth LLC, 400 Fifth Avenue Holdings LLC Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2005-12-15. Parties: 404 Fifth LLC, Lasalle Bank National Association Show Details
    • On 2002-09-13 a mortgage on this property was transferred from Ubs Principal Finance LLC to Lasalle Bank National Association. Show Details
    • On 2002-08-01 a mortgage on this property was transferred from Ubs Principal Finance LLC to Lasalle Bank National Association As Trustee. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2002-06-28. Parties: 404 Fifth LLC, Ubs Principal Finance LLC, Lasalle Bank National Association Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2002-06-28. Parties: 404 Fifth LLC, Ubs Principal Finance LLC, Lasalle Bank National Association Show Details
    • Initial UCC1 dated 2001-05-04, Debtor: 404 Fifth LLC, Secured Party: Ubs Principal Finance LLC, Assignee: Show Details
    • Initial UCC1 dated 2001-04-18, Debtor: 404 Fifth LLC, Secured Party: Ubs Principal Finance LLC, Assignee: Show Details
    • 404 Fifth LLC took a mortgage for $5,776,127.37 from Ubs Principal Finance LLC on 2000-07-10. Show Details
    • On 2000-07-10 a mortgage on this property was transferred from 404 Lender LLC to Ubs Principal Finance LLC. Show Details
    • On 2000-07-10 a mortgage on this property was transferred from 404 Fifth LLC to Ubs Principal Finance LLC. Show Details
    • Mortgage Agreement for $0.00 dated 2000-07-10 between 404 Fifth LLC and Ubs Principal Finance LLC Show Details
    • Manhattan Realty Acquisition Fund sold this property to 404 Fifth LLC for $0.00 on 1998-08-13. Show Details
    • On 1998-08-26 a mortgage on this property was transferred from Credit Suisse Fristboston Mortgage Capital LLC to 404 Lendere LLC. Show Details
    • On 1998-02-27 a mortgage on this property was transferred from Inc. Heller Financial to Credit Suisse Firstboston Mortgage Capital LLC. Show Details
    • On 1998-02-27 a mortgage on this property was transferred from Inc. Heller Financial to Credit Suisse Firstboston Mortgage Capital LLC. Show Details
    • Mortgage Agreement for $0.00 dated 1997-09-04 between Manhattan Realty Acquisition Fund and Inc. Heller Financial Show Details
    • Mortgage Agreement for $0.00 dated 1997-09-04 between Manhattan Realty Acquisition Fund and Inc. Heller Financial Show Details
    • Manhattan Rlty Acqstn Fd Satisfied their Mortgage with N.A. Citibank on 1992-12-01. Show Details
    • Manhattan Rlty Acqtnfnd Satisfied their Mortgage with N.A. Citibank on 1992-11-24. Show Details
    • Mortgage Agreement for $0.00 dated 1992-09-02 between Manhattan Realty Etc and Financial Inc Heller Show Details
    • Manhattan Realty Etc took a mortgage for $2,251,341.17 from Heller Financial Inc on 1992-08-18. Show Details
    • Mortgage Agreement for $0.00 dated 1991-04-18 between Tsi Fifth Ave Inc and Heller Financial Inc Show Details
    • Mortgage Agreement for $0.00 dated 1991-02-15 between Heller Financial Inc and Commercial Bank Ny Show Details
    • On 1990-05-18 a mortgage on this property was transferred from Manhattan Rlty Acqstn Fd to U.S. West Fincl Svcsinc & Tower Fifth Ave Lp & Heller Financial Inc. Show Details
    • Mortgage Agreement for $0.00 dated 1990-05-18 between Anchor Savings Bank and Heller Financial Inc Show Details
    • On 1990-05-18 a mortgage on this property was transferred from Manhattan Rlty Acqtnfd to Heller Financial Inc. Show Details
    • Manhattan Rty Acqtnfd took a mortgage for $3,000,000.00 from Heller Financial Inc on 1990-05-18. Show Details
    • Mortgage Agreement for $0.00 dated 1990-05-18 between Heller Financial Inc and Citibank N.A. Show Details
    • On 1990-05-18 a mortgage on this property was transferred from Kamran Hakim to Heller Financial Inc. Show Details
    • On 1990-05-18 a mortgage on this property was transferred from National Wstmnstr Bkusa to Kamran Hakim. Show Details
    • On 1990-05-18 a mortgage on this property was transferred from Bank/America Ntnl Etc to Heller Financial Inc. Show Details
    • UCC3 Termination dated 1990-05-17, Debtor: Manhattan Realty Acquisition Fund, Secured Party: Banking Of Americant & Sa, Assignee: Show Details
    • UCC3 Termination dated 1990-05-17, Debtor: Manhattan Realty Acquisition Fund, Secured Party: Bank Of America Nt &Sa, Assignee: Show Details
    • UCC3 Termination dated 1990-05-17, Debtor: Manhattan Realty Acquisition Fund, Secured Party: H & H Associates, Assignee: Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1990-05-17. Parties: Manhattan Realty Etc, Bank America Nt & Sa Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1990-05-17. Parties: Manhattan Realty Etc, Bank America Nt & Sa Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1990-05-17. Parties: Manhattan Realty Etc, H & H Associates Show Details
    • Initial UCC1 dated 1990-05-17, Debtor: Manhattan Realty Acquisition Fund, Secured Party: Heller Financial, INC, Assignee: Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1990-05-17. Parties: Manhattan Rlty Etc, Heller Financial Inc Show Details
    • Initial UCC1 dated 1989-03-07, Debtor: Manhattan Realty Acquisition Fund, Secured Party: Bank Of America Nt &Sa, Assignee: Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1989-03-07. Parties: Manhattan Rlty Acqstn Fd, Bank America Nt &Saetc Show Details
    • Mortgage Agreement for $0.00 dated 1989-03-03 between Bank America Ntl Bketal and Manhattan Rlty Etal Show Details
    • Manhattan Realty Etal took a mortgage for $1,000,000.00 from Bank Amer Natl Etal on 1989-03-03. Show Details
    • Mortgage Agreement for $0.00 dated 1989-03-03 between Citibank Na and Bank Amer Natl Etal Show Details
    • Consent (Other Documents) was filed on 1988-08-11. Parties: Tower Fifth Ave Ltdprnt & Manhattan Realty Acquist & U S West Fncl Svc Inc Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 1988-08-11. Parties: Tower Fifth Ave Ltdprtn, Manhattan Realty Acqfd Show Details
    • A Miscellaneous legal document filed on 1988-05-16. Parties: Tower Fifth Ave Ltdprnt Show Details
    • A Miscellaneous legal document filed on 1988-05-16. Parties: Tower Fifth Ave Ltdprtn & Manhattan Rlty Acquit Fd Show Details
    • Manhattan Realty Acqfd granted an easement to Tower Fifth Ave Ltdprtn on 1988-05-16. Show Details
    • Mortgage Agreement for $0.00 dated 1988-04-18 between N.A. Citibank and Bank Amer Natl Tr& Etc Show Details
    • Manhattan Rty Acqtnfd took a mortgage for $1,000,000.00 from Bank Of Amer Natl Etal on 1988-04-18. Show Details
    • Initial UCC1 dated 1988-04-15, Debtor: Manhattan Realty Acquisition Fund, Secured Party: Banking Of Americant & Sa, Assignee: Show Details
    • ... and 28 older documents.

    Lot

    Address
    402 5th Ave, 10018
    Square Footage
    9,965
    Lot Type
    Corner
    Dimensions
    65.33ft x 141.5ft
    BBL
    1008380048

    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
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    STEWART & COMPANY BUILDING

    Assessment

    Tax Class
    4
    MV Land
    $16,400,000
    MV Total
    $26,300,000
    AV Land
    $7,380,000
    AV Total
    $11,835,000

    Floor Area Ratio

    Built FAR
    8.36

    Residential
    Zoned FAR 10.0
    Max 99,650.0 sq. ft.
    Remaining 16,372.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 149,475.0 sq. ft.
    Remaining 66,197.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 149,475.0 sq. ft.
    Remaining 66,197.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Bank Building - Designed Exclusively For Banking
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1915
    Alterations
    N/A
    Floors
    9.0
    Residential Units
    0
    Total Units
    12
    Floor Area
    83278
    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