509 5th Ave #OFF11
Midtown
New York, NY, 10036

Built in 1917 this 39,990 sq.ft. building is 85% Office Space, 15% 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 1 Minute walk, 0.0 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 7 Minute walk, 0.4 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 3 Minute walk, 0.1 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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    • Chabad 509 Fifth Tower LLC Satisfied their Mortgage with 509 Manhattan Limited on 2016-03-28. Show Details
    • Initial UCC1 dated 2016-04-05, Debtor: Chabad 509 Fifth A LLC & Chabad 509 Fifth Tower LLC, Secured Party: Sterling National Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Chabad 509 Fifth A LLC & Chabad 509 Fifth Tower LLC by Sterling National Bank or 2016-03-31 Show Details
    • Mortgage Agreement for $12,000,000.00 dated 2016-03-31 between Chabad 509 Fifth A LLC & Chabad 509 Fifth Tower LLC and Sterling National Bank Show Details
    • On 2016-03-31 a mortgage on this property was transferred from 509 Manhattan Limited to Sterling National Bank. Show Details
    • Chabad 509 Fifth Tower LLC took a mortgage for $3,407,000.00 from 509 Manhattan Limited on 2016-03-31. Show Details
    • Chabad 509 Fifth Tower LLC took a mortgage for $12,000,000.00 from 509 Manhattan Limited on 2016-03-31. Show Details
    • Mortgage Agreement for $15,407,000.00 dated 2016-03-31 between Chabad 509 Fifth Tower LLC and 509 Manhattan Limited Show Details
    • UCC3 Termination dated 2016-04-05, Debtor: Chabad 509 Fifth Tower LLC, Secured Party: 509 Manhattan Limited, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-04-05. Parties: Chabad 509 Fifth Tower LLC, 509 Manhattan Limited Show Details
    • Initial UCC1 dated 2014-02-18, Debtor: Chabad 509 Fifth Tower LLC, Secured Party: 509 Manhattan Limited, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Chabad 509 Fifth Tower LLC by 509 Manhattan Limited or 2013-12-16 Show Details
    • Mortgage Agreement for $15,407,000.00 dated 2013-12-16 between Chabad 509 Fifth Tower LLC and 509 Manhattan Limited Show Details
    • Subordination Of Mortgage (Mortgages & Instruments) was filed on 2014-02-18. Parties: Israel Discount Bank Of New York, 509 Fifth Retail LLC Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2014-02-18. Parties: Israel Discount Bank Of New York, 509 Fifth Retail LLC Show Details
    • Chabad 509 Fifth A LLC sold this property to Chabad 509 Fifth Tower LLC for $0.00 on 2013-12-16. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2014-02-18. Parties: 509 Fifth Retail, Chabad 509 Fifth A LLC Show Details
    • Chabad 509 Fifth A LLC & 509 Fifth Retail LLC sold this property to Chabad 509 Fifth A LLC for $0.00 on 2013-12-16. Show Details
    • Maps filed 2013-07-12 Show Details
    • Condo Declaration (Deeds And Other Conveyances) was filed on 2013-07-12. Parties: 509 Fifth Avenue Condominium Show Details

    Lot

    Address
    509 5th Ave #OFF11, 10036
    Square Footage
    4,612
    Lot Type
    Dimensions
    37.5ft x 123.0ft
    BBL
    1012777501
    Condo Number
    2397

    Neighborhood

    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    14
    Fire Company
    E065
    School District
    2
    Census Tract
    94

    Zoning

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

    Assessment

    Tax Class
    4
    MV Land
    $411,078
    MV Total
    $1,481,165
    AV Land
    $184,985
    AV Total
    $666,524

    Floor Area Ratio

    Built FAR
    8.67

    Residential
    Zoned FAR 10.0
    Max 46,120.0 sq. ft.
    Remaining 6,130.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 69,180.0 sq. ft.
    Remaining 29,190.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 69,180.0 sq. ft.
    Remaining 29,190.0 sq. ft.

    Building

    Condo Number
    2397
    Category
    Condominiums
    Class
    Office Space
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1917
    Alterations
    N/A
    Floors
    12.0
    Residential Units
    0
    Total Units
    12
    Floor Area
    39990
    Basement
    Unknown
    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