509 5th Ave
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

    Units at this Address

    PriceUnitLast UpdateStatusPublic Records
    OFF10Off Market16
    RETOff Market11
    OFF9Off Market16
    OFF8Off Market16
    OFF11Off Market16
    OFF3Off Market10
    OFF2Off Market10
    OFF1Off Market10
    OFF4Off Market16
    OFF7Off Market16
    OFF6Off Market16
    OFF5Off Market16

    Public Records

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    • UCC3 Termination dated 2014-02-18, Debtor: Chabad 509 Fifth A LLC, Secured Party: 509 Fifth Office LLC, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2014-02-18. Parties: 509 Fifth Office LLC Show Details
    • On 2013-12-16 a mortgage on this property was transferred from 509 Fifth Office LLC to 509 Manhattan Limited. Show Details
    • UCC3 Termination dated 2013-12-23, Debtor: Chabad 509 Fifth A LLC, Secured Party: 509 Fifth Office LLC, Assignee: 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
    • Metropcs Communications, INC sold this property to T-Mobile Holding Gmbh for $1,810,281.00 on 2013-04-30. Show Details
    • UCC3 Termination dated 2012-09-20, Debtor: 509 Fifth Avenue Associates Owner LLC, Secured Party: Nxt Capital Funding Ii, LLC, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2012-09-20. Parties: Nxt Capital Funding Ii, LLC Show Details
    • Initial UCC1 dated 2012-09-20, Debtor: Chabad 509 Fifth A LLC, Secured Party: 509 Fifth Office LLC, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Chabad 509 Fifth A LLC by 509 Fifth Office LLC or 2012-09-06 Show Details
    • Mortgage Agreement for $15,000,000.00 dated 2012-09-06 between Chabad 509 Fifth A LLC and 509 Fifth Office LLC Show Details
    • Chabad 509 Fifth A LLC took a mortgage for $5,518,000.00 from 509 Fifth Office LLC on 2012-09-06. Show Details
    • An Assignment of Leases and Rents was granted to 509 Fifth Retail LLC by Israel Discount Bank Of New York or 2012-09-06 Show Details
    • Mortgage Agreement for $15,000,000.00 dated 2012-09-06 between 509 Fifth Retail LLC and Israel Discount Bank Of New York Show Details
    • 509 Fifth Retail LLC took a mortgage for $2,482,000.00 from Israel Discount Bank Of New York on 2012-09-06. Show Details
    • On 2012-09-06 a mortgage on this property was transferred from Israel Discount Bank Of New York to 509 Fifth Office LLC. Show Details
    • Chabad 509 Fifth A LLC took a mortgage for $9,482,000.00 from Israel Discount Bank Of New York on 2012-09-06. Show Details
    • Mortgage Agreement for $22,000,000.00 dated 2012-09-06 between Chabad 509 Fifth A LLC & 509 Fifth Retail LLC and Israel Discount Bank Of New York Show Details
    • On 2012-08-27 a mortgage on this property was transferred from Nxt Capital Funding Ii, LLC to Israel Discount Bank Of New York. Show Details
    • On 2003-08-13 a mortgage on this property was transferred from N.A. Wells Fargo Bank to Wells Fargo Bank Minnesota, N.A., As Trustee. Show Details
    • A Miscellaneous legal document filed on 2012-09-20. Parties: Chabad 509 Fifth A LLC & 509 Fifth Retail LLC Show Details
    • 509 Fifth Avenue Associates Owner LLC sold this property to Chabad 509 Fifth A LLC & 509 Fifth Retail LLC for $23,070,100.00 on 2012-09-06. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2011-01-28. Parties: 509 Fifth Avenue Associates Owner LLC, Nxt Capital, LLC, Nxt Capital Funding Ii, LLC Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2010-12-07. Parties: Nxt Capital, LLC, Nxt Capital Funding Ii, LLC Show Details
    • On 2010-10-20 a mortgage on this property was transferred from Nxt Capital, LLC to Nxt Capital Funding Ii, LLC. Show Details
    • Initial UCC1 dated 2010-11-18, Debtor: 509 Fifth Avenue Associates Owner LLC, Secured Party: Nxt Capital, LLC, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 509 Fifth Avenue Associates Owner LLC by Nxt Capital, LLC or 2010-10-29 Show Details
    • Mortgage Agreement for $22,000,000.00 dated 2010-10-29 between 509 Fifth Avenue Associates Owner LLC and Nxt Capital, LLC Show Details
    • 509 Fifth Avenue Associates Owner LLC took a mortgage for $4,157,388.81 from Nxt Capital, LLC on 2010-10-29. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2010-11-03. Parties: N.A. Capital One Show Details
    • UCC3 Termination dated 2010-11-03, Debtor: 509 Fee LLC, Secured Party: N.A. Capital One, Assignee: Show Details
    • On 2010-10-26 a mortgage on this property was transferred from N.A. Capital One to Nxt Capital, LLC. Show Details
    • On 2010-10-26 a mortgage on this property was transferred from N.A. Capital One to Nxt Capital, LLC. Show Details
    • 509 Fee LLC sold this property to 509 Fifth Avenue Associates Owner LLC for $30,000,000.00 on 2010-10-29. Show Details
    • Assignment Of Lease (Other Documents) was filed on 2007-03-02. Parties: Inc. American Premier Underwriters & Inc. The Owasco River Railway, Metropolitan Transportation Authority Show Details
    • An Assignment of Leases and Rents was granted to Fifth@42Nd LLC by Landesbank Hessen-Thuringen Girozentrale or 2007-01-12 Show Details
    • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2007-02-06. Parties: Fifth@42Nd LLC, Landesbank Hessen-Thuringen Girozentrale Show Details
    • Inc. American Premier Underwriters & Inc. The Owasco River Railway sold this property to Midtown Trackage Ventures LLC for $0.00 on 2006-12-12. Show Details
    • Initial UCC1 dated 2006-07-20, Debtor: 509 Fee LLC, Secured Party: North Fork Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to North Fork Bank by 509 Fee LLC or 2006-05-31 Show Details
    • 509 Fee LLC took a mortgage for $3,450,000.00 from North Fork Bank on 2006-05-31. Show Details
    • Mortgage Agreement for $15,000,000.00 dated 2006-05-31 between 509 Fee LLC and North Fork Bank Show Details
    • 509 Fee LLC took a mortgage for $6,092,608.78 from North Fork Bank on 2006-05-31. Show Details
    • On 2006-05-30 a mortgage on this property was transferred from Co-Capital LLC to North Fork Bank. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-04-27. Parties: N.A. Wells Fargo Bank Minnesota Show Details
    • Mortgage Agreement for $0.00 dated 2006-03-10 between 509 Fee LLC and Co-Capital LLC Show Details
    • On 2006-03-10 a mortgage on this property was transferred from N.A. Wells Fargo Bank to Co-Capital LLC. Show Details
    • 509 Owners LLC sold this property to 509 Fee LLC for $27,500,000.00 on 2006-03-10. Show Details
    • UCC3 Termination dated 2006-04-26, Debtor: 509 Owners LLC, Secured Party: Wells Fargo Bank, N.A., As Trustee, Assignee: Show Details
    • Termination Of Agreement (Other Documents) was filed on 2006-04-26. Parties: National Association Wachovia Bank, 545 Owners LLC & 535 Owners LLC & 509 Owners LLC Show Details
    • 4 East 43 LLC sold this property to Palace 43 LLC for $0.00 on 2006-01-12. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2004-05-27. Parties: National Association Wachovia Bank, Wells Fargo Bank Minnesota, N.A., As Trustee Show Details
    • Zoning Lot Description (Other Documents) was filed on 2004-02-03. Parties: Moniek Stawski Show Details
    • Zoning Lot Description (Other Documents) was filed on 2004-02-03. Parties: Independence Community Bank Show Details
    • Zoning Lot Description (Other Documents) was filed on 2004-02-03. Parties: National Association Wachovia Bank Show Details
    • Declaration (Other Documents) was filed on 2004-02-03. Parties: Olympic Funding LLC & 509 Owners LLC & Fifth @ 42Nd LLC Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2003-12-18. Parties: 509 Owners LLC, National Association Wachovia Bank, Wells Fargo Bank Minnesota, N.A., As Trustee Show Details
    • On 2003-08-13 a mortgage on this property was transferred from National Association Wachovia Bank to Wells Fargo Bank Minnesota, N.A., As Trustee. Show Details
    • UCC3 Termination dated 2003-09-22, Debtor: 545 Owners LLC, Secured Party: Salomon Brothers Realty Corp., Assignee: Show Details
    • UCC3 Termination dated 2003-09-22, Debtor: West Reo Holdings Ii LLC, Secured Party: Salomon Brothers Realty Corp., Assignee: Show Details
    • UCC3 Termination dated 2003-09-22, Debtor: West Reo Holdings I LLC, Secured Party: Salomon Brothers Realty Corp., Assignee: Show Details
    • UCC3 Termination dated 2003-09-08, Debtor: 509 Owners LLC, Secured Party: Lasalle Bank National Association, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to National Association Wachovia Bank by 509 Owners LLC or 2003-06-23 Show Details
    • Mortgage Agreement for $9,000,000.00 dated 2003-06-26 between 509 Owners LLC and National Association Wachovia Bank Show Details
    • 509 Owners LLC took a mortgage for $9,000,000.00 from National Association Wachovia Bank on 2003-06-26. Show Details
    • Mortgage Agreement for $0.00 dated 2003-06-26 between 509 Owners LLC & 535 Owners LLC & 545 Owners LLC and National Association Wachovia Bank Show Details
    • Mortgage Agreement for $95,000,000.00 dated 2003-06-26 between 509 Owners LLC & 535 Owners LLC & 545 Owners LLC and National Association Wachovia Bank Show Details
    • On 2003-06-05 a mortgage on this property was transferred from Lasalle Bank National Association to National Association Wachovia Bank. Show Details
    • Release dated 2003-06-05 between Lasalle Bank National Association and Show Details
    • Initial UCC1 dated 2003-07-08, Debtor: 509 Owners LLC, Secured Party: National Association Wachovia Bank, Assignee: Show Details
    • Development Rights (Deeds And Other Conveyances) was filed on 2003-06-02. Parties: 509 Owners LLC, Fifth At 42Nd LLC Show Details
    • Declaration (Other Documents) was filed on 2003-06-02. Parties: 505 Fifth Debt Associates Llc Show Details
    • Declaration (Other Documents) was filed on 2003-06-02. Parties: Lasalle Bank N..A. As Trustee Show Details
    • Declaration (Other Documents) was filed on 2003-06-02. Parties: 509 Owners LLC, Fifth At 42Nd Llc Show Details
    • On 2002-08-28 a mortgage on this property was transferred from Salomon Brothers Realty Corp. to Lasalle Bank National Association As Trustee. Show Details
    • On 2002-08-28 a mortgage on this property was transferred from Salomon Brothers Realty Corp. to Lasalle Bank National Association As Trustee. Show Details
    • Mortgage Agreement for $0.00 dated 2002-08-14 between Midland Loan Services and Ricky'S Urban Groove & Ricky'S Urban Groove42 Inc Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2002-02-06. Parties: 509 Owners LLC, Salomon Brothers Realty Corp., As Trustee Lasalle Bank National Association Show Details
    • Initial UCC1 dated 2001-02-23, Debtor: 509 Owners LLC, Secured Party: Salomon Brothers Realty Corp., Assignee: Show Details
    • On 2001-01-22 a mortgage on this property was transferred from 509 Owners LLC & 535 Owners LLC & 545 Owners LLC to Salomon Brothers Realty Corp.. Show Details
    • Mortgage Agreement for $0.00 dated 2001-01-22 between 535 Owenrs LLC & 509 Owners LLC & 545 Owners LLC and Salomon Brothers Realty Corp. Show Details
    • 535 Owenrs LLC & 545 Owners LLC & 509 Owners LLC took a mortgage for $40,000,000.00 from Salomon Brothers Realty Corp. on 2001-01-22. Show Details
    • Release dated 2001-01-04 between Salomon Brothers Realty Corp. and 509 Owners LLC Show Details
    • Release dated 2000-02-01 between Morgan Guaranty Trust Company Of New York and 509 LLC & 509 Owners LLC & 545 Owners LLC & 535 Owners LLC & 535 LLC Show Details
    • Mortgage Agreement for $0.00 dated 2000-02-01 between 509 LLC & 509 Owners LLC & 535 LLC & 535 Owners LLC & 545 Owners LLC and 1440 Broadway Partners LLC & Morgan Guaranty Trust Company Of New York Show Details
    • On 2000-02-01 a mortgage on this property was transferred from Salomon Brothers Realty Corp. to Morgan Guaranty Trust Company Of New York. Show Details
    • Mortgage Agreement for $0.00 dated 2000-02-01 between 509 LLC & 509 Owners LLC & 535 LLC & 535 Owners LLC & 545 Owenrs LLC and Salomon Brothers Realty Corp. Show Details
    • 509 LLC & 535 LLC & 509 Owners LLC & 535 Owners LLC & 545 Owners LLC took a mortgage for $31,300,000.00 from Salomon Brothers Realty Corp. on 2000-02-01. Show Details
    • On 2000-01-11 a mortgage on this property was transferred from 545 Owners LLC & 535 Owners LLC & 509 Owners LLC to Salomon Brothers Realty Corp.. Show Details
    • Mortgage Agreement for $0.00 dated 2000-01-11 between 509 Owners LLC & 535 Owners LLC & 545 Owners LLC and Salomon Brothers Realty Corp. Show Details
    • Initial UCC1 dated 2000-01-07, Debtor: 509 Owners LLC, Secured Party: Salomon Brothers Realty Corp., Assignee: Show Details
    • 300 Park Avenue South LLC. & 509 Fifth Avenue LLC sold this property to Westhill Reo Holdingii LLC for $0.00 on 1998-10-22. Show Details
    • Westhill Reo Holdingii LLC sold this property to 509 Owners LLC for $0.00 on 1998-10-22. Show Details
    • Mortgage Agreement for $0.00 dated 1999-01-07 between 300 Owners LLC & 509 Owners LLC and Salomon Brothers Realty Corp. Show Details
    • 300 Owners LLC & 509 Owners LLC & 535 Owners LLC & 545 Owners LLC took a mortgage for $24,000,000.00 from Salomon Brothers Realty Corp. on 1999-01-07. Show Details
    • A Miscellaneous legal document filed on 1999-01-07. Parties: 509 Fifth Avenue LLC Show Details
    • UCC3 Amendment dated 1998-11-23, Debtor: 509 Owners LLC, Secured Party: Salomon Brothers Realty Corp., Assignee: Show Details
    • Initial UCC1 dated 1998-02-02, Debtor: 509 Fifth Avenue LLC, Secured Party: Salomon Brothers Realty Corp., Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1998-01-09 between 509 Fifth Avenue LLC and Westhill Equities LLC Show Details
    • ... and 80 older documents.

    Lot

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

    Neighborhood

    Neighborhood
    Midtown
    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
    2
    MV Land
    $0
    MV Total
    $0
    AV Land
    $0
    AV Total
    $0

    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
    Special Condominium Billing Lot
    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