485 5th Ave
Murray Hill
New York, NY, 10017

Built in 1914 this 15,487 sq.ft. building is 100% Retail and contains 0 residential units and 23 non-residential units.

This property is currently Off Market.

    Transit

    • 5th Av Route BRoute DRoute FRoute MRoute 7 1 Minute walk, 0.0 Miles
    • Times Square-42nd St Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 7 Minute walk, 0.4 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 3 Minute walk, 0.2 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

    • Termination Of Agreement (Other Documents) was filed on 2016-07-12. Show Details
    • This property was sold for $215,200,000.00 on 2016-06-24. Show Details
    • A Miscellaneous legal document filed on 2010-03-01. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-11-06. Show Details
    • A mortgage with Gramercy Warehouse Funding Ii LLC was satisfied on 2006-09-29. Show Details
    • A mortgage with Hypo Real Estate Capital Corporation was satisfied on 2006-09-29. Show Details
    • A mortgage with Hypo Real Estate Capital Corporation was satisfied on 2006-09-29. Show Details
    • A mortgage with Hypo Real Estate Capital Corporation was satisfied on 2006-09-29. Show Details
    • A mortgage with Hypo Real Estate Capital Corporation was satisfied on 2006-09-29. Show Details
    • UCC3 Termination dated 2006-11-06, Secured Party: Hypo Real Estate Capital Corporation, Assignee: Show Details
    • A mortgage agreement for $0.00 was filed on 2006-09-29 Show Details
    • This property was sold for $130,000,000.00 on 2006-09-29. Show Details
    • A $3,977,795.00 mortgage was taken from Hypo Real Estate Capital Corporation on 2006-06-28. Show Details
    • A $17,960,466.00 mortgage was taken from Hypo Real Estate Capital Corporation on 2006-06-28. Show Details
    • An Assignment of Leases and Rents was filed on 2005-07-05 Show Details
    • A $32,680,846.00 mortgage was taken from Hypo Real Estate Capital Corporation on 2005-07-05. Show Details
    • A $53,880,893.00 mortgage was taken from Hypo Real Estate Capital Corporation on 2005-07-05. Show Details
    • A mortgage agreement for $46,500,000.00 was filed on 2005-07-05 Show Details
    • On 2005-07-05 a mortgage on this property was transferred from Gramercy Warehouse Funding Ii LLC to Hypo Real Estate Capital Corporation. Show Details
    • A mortgage agreement for $2,060,500.00 was filed on 2005-07-05 Show Details
    • UCC3 Termination dated 2006-01-13, Secured Party: Gramercy Warehouse Funding Ii, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-01-13. Show Details
    • This property was sold for $85,000,000.00 on 2005-07-05. Show Details
    • Initial UCC1 dated 2005-07-13, Secured Party: As Hypo Real Estate Capital Corporation Show Details
    • An Assignment of Leases and Rents was filed on 2005-05-17 Show Details
    • A $46,500,000.00 mortgage was taken from Grammercy Warehouse Funding Ii, LLC on 2005-05-17. Show Details
    • This property was sold for $47,750,000.00 on 2005-05-17. Show Details
    • Initial UCC1 dated 2005-05-31, Secured Party: Grammercy Warehouse Funding Ii LLC Show Details
    • A mortgage agreement for $0.00 was filed on 2003-03-25 Show Details
    • UCC3 Termination dated 2001-11-14, Secured Party: Banco Popular De Puerto Rico, Assignee: Show Details
    • UCC3 Termination dated 2001-11-14, Secured Party: Banco Popular De Puerto Rico, Assignee: Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2001-08-10. Show Details
    • A Miscellaneous legal document filed on 2001-05-21. Show Details
    • A Miscellaneous legal document filed on 2000-07-27. Show Details
    • A Miscellaneous legal document filed on 2000-07-27. Show Details
    • A Miscellaneous legal document filed on 2000-07-27. Show Details
    • A Miscellaneous legal document filed on 2000-07-27. Show Details
    • On 2000-06-30 a mortgage on this property was transferred from Sum 98 LLC to Bfp 300 Madison Ii LLC. Show Details
    • A mortgage agreement for $0.00 was filed on 2000-07-10 Show Details
    • A mortgage agreement for $0.00 was filed on 2000-06-30 Show Details
    • A mortgage agreement for $0.00 was filed on 2000-03-31 Show Details
    • This property was sold for $0.00 on 2000-03-31. Show Details
    • UCC3 Termination dated 2000-04-20, Secured Party: Mony Life Insurancecompany, Assignee: Show Details
    • A mortgage with L.P. Venture Mortgage Fund was satisfied on 2000-04-20. Show Details
    • On 2000-03-31 a mortgage on this property was transferred from L.L.C. 485 Fifth Avenue to Sum 98 LLC. Show Details
    • A Miscellaneous legal document filed on 2000-04-20. Show Details
    • A Miscellaneous legal document filed on 1999-03-31. Show Details
    • A mortgage agreement for $0.00 was filed on 1999-03-31 Show Details
    • A Miscellaneous legal document filed on 1999-03-31. Show Details
    • A mortgage agreement for $0.00 was filed on 1999-02-10 Show Details
    • A mortgage agreement for $0.00 was filed on 1999-02-10 Show Details
    • A mortgage agreement for $0.00 was filed on 1999-02-10 Show Details
    • A mortgage agreement for $0.00 was filed on 1999-02-10 Show Details
    • A mortgage agreement for $0.00 was filed on 1999-02-10 Show Details
    • A mortgage agreement for $0.00 was filed on 1999-02-10 Show Details
    • A mortgage agreement for $0.00 was filed on 1999-02-10 Show Details
    • A mortgage agreement for $0.00 was filed on 1999-02-10 Show Details
    • A mortgage agreement for $0.00 was filed on 1999-02-10 Show Details
    • A mortgage agreement for $0.00 was filed on 1999-02-10 Show Details
    • A mortgage agreement for $0.00 was filed on 1999-02-10 Show Details
    • A mortgage agreement for $0.00 was filed on 1999-02-10 Show Details
    • A mortgage agreement for $0.00 was filed on 1999-02-10 Show Details
    • UCC3 Termination dated 1999-02-05, Secured Party: Inc. Rosenthal & Rosenthal, Assignee: Show Details
    • Initial UCC1 dated 1999-02-05, Secured Party: Mony Life Insurancecompany Show Details
    • On 1999-01-07 a mortgage on this property was transferred from Inc. Rosenthal & Rosenthal to Mony Life Insurancecompany. Show Details
    • A mortgage agreement for $0.00 was filed on 1999-01-07 Show Details
    • On 1999-01-07 a mortgage on this property was transferred from Northstar 485 5Th Holding LLC to Mony Life Insurancecompany. Show Details
    • A $15,000,000.00 mortgage was taken from Mony Life Insurancecompany on 1999-01-07. Show Details
    • This property was sold for $0.00 on 1998-08-13. Show Details
    • A mortgage with L.P. Venture Mortgage Fund was satisfied on 1998-08-14. Show Details
    • On 1998-03-06 a mortgage on this property was transferred from L.P. Estate Of Venture Mortgage Fund & John F. Esq. Trustee Schmutz to Inc. Rosenthal & Rosenthal. Show Details
    • UCC3 Termination dated 1997-10-31, Secured Party: Inc. Rosenthal & Rosenthal, Assignee: Show Details
    • Initial UCC1 dated 1997-10-23, Secured Party: Banco Popular De Puerto Rico Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 1997-07-17. Show Details
    • On 1997-05-30 a mortgage on this property was transferred from Inc. Franchise Concepts Group & Inc. Ranch 1 Group & Inc. Dome Enterprises & Inc. Moorgrho to Banco Popular De Puerto Rico. Show Details
    • Initial UCC1 dated 1997-04-28, Secured Party: Banco Popular De Puerto Rico Show Details
    • Initial UCC1 dated 1997-04-28, Secured Party: Banco Popular De Puerto Rico Show Details
    • A mortgage with L.P. Venture Mortgage Fund was satisfied on 1996-04-18. Show Details
    • Initial UCC1 dated 1995-10-13, Secured Party: Venture Mortgage Fund L.P. Show Details
    • Initial UCC1 dated 1995-10-13, Secured Party: Inc. Rosenthal & Rosenthal Show Details
    • A mortgage agreement for $0.00 was filed on 1995-10-11 Show Details
    • A mortgage agreement for $0.00 was filed on 1995-10-11 Show Details
    • On 1995-10-11 a mortgage on this property was transferred from L.P. Venture Mtge Fund to Timo Business Ltd. Inc.. Show Details
    • A mortgage agreement for $0.00 was filed on 1995-10-11 Show Details
    • This property was sold for $0.00 on 1995-09-28. Show Details
    • A mortgage agreement for $0.00 was filed on 1995-10-11 Show Details
    • A $13,061,982.00 mortgage was taken from L.P. Venture Mortgage Fund on 1995-10-11. Show Details
    • A mortgage agreement for $0.00 was filed on 1995-10-11 Show Details
    • A $5,500,000.00 mortgage was taken from L.P. Venture Mortgage Fund on 1995-10-11. Show Details
    • A mortgage agreement for $0.00 was filed on 1995-10-11 Show Details
    • On 1995-10-11 a mortgage on this property was transferred from Crossland Federal Savings Bank to Venture Mtge Fund L.P.. Show Details
    • A $10,000,000.00 mortgage was taken from L.P. Venture Mortgage Fund on 1995-10-11. Show Details
    • On 1995-10-11 a mortgage on this property was transferred from Venture Mtge Fund L.P. to Inc. Rosenthal & Rosenthal. Show Details
    • A Miscellaneous legal document filed on 1994-05-11. Show Details
    • On 1993-08-12 a mortgage on this property was transferred from Crossland Commericaletc to Crossland Fed Savings Bk. Show Details
    • On 1993-07-07 a mortgage on this property was transferred from Wilmington Trust Company to Crossland Cmmrcl Fndcrp. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1989-09-21. Show Details
    • On 1989-06-30 a mortgage on this property was transferred from Crossland Savings to Crossland Commcl Fdgco. Show Details
    • On 1989-06-30 a mortgage on this property was transferred from Crossland Commcl Fdgcp to Wilmington Trust Cotrte. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1989-05-25. Show Details
    • ... and 43 older documents.

    Lot

    Address
    485 5th Ave, 10017
    Square Footage
    17,550
    Lot Type
    Corner
    Dimensions
    73.25ft x 166.0ft
    BBL
    1012760001

    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
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $14,900,000
    MV Total
    $79,845,000
    AV Land
    $6,705,000
    AV Total
    $35,930,250

    Floor Area Ratio

    Built FAR
    0.88

    Residential
    Zoned FAR 10.0
    Max 175,500.0 sq. ft.
    Remaining 160,013.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 263,250.0 sq. ft.
    Remaining 247,763.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 263,250.0 sq. ft.
    Remaining 247,763.0 sq. ft.

    Building

    Category
    Hotels
    Class
    Hotel; Luxury Type Built Prior To 1960
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1914
    Alterations
    N/A
    Floors
    10.0
    Residential Units
    0
    Total Units
    23
    Floor Area
    15487
    Basement
    Full Basement Below Grade
    Proximity
    Semi-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