516 5th Ave
Midtown
New York, NY, 10036

This property is currently Off Market.

    Transit

    • 5th Av Route BRoute DRoute FRoute MRoute 7 2 Minute walk, 0.1 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 6 Minute walk, 0.3 Miles
    • Times Square 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 4 Minute walk, 0.2 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

    • UCC3 Termination dated 2015-09-28, Debtor: Thor 520 5Th Avenue LLC, Secured Party: 516 Fifth Funding LLC, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2015-09-28. Parties: 516 Fifth Funding LLC, Thor 520 5Th Avenue LLC Show Details
    • Certificate (Other Documents) was filed on 2015-09-28. Parties: Kensington Vanguard National Land Services Of Ny Show Details
    • UCC3 Termination dated 2015-08-27, Debtor: Thor 520 5Th Avenue LLC, Secured Party: 516 Fifth Funding LLC, Assignee: Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2015-08-25. Parties: The General Society Of Mechanics And Tradesmen, 520 Fifth Owner LLC Show Details
    • A Miscellaneous legal document filed on 2015-08-25. Parties: National Association Jpmorgan Chase Bank Show Details
    • Mortgage Agreement for $13,462,200.00 dated 2015-08-18 between The General Society Of Mechanics And Tradesmen Of and 520 Fifth Owner LLC Show Details
    • Mortgage Agreement for $130,000,000.00 dated 2015-08-18 between 520 Fifth Owner, LLC and Jpmorgan Chase Bank Show Details
    • 520 Fifth Owner, LLC took a mortgage for $55,000,000.00 from Jpmorgan Chase Bank on 2015-08-18. Show Details
    • On 2015-07-24 a mortgage on this property was transferred from 516 Fifth Funding LLC to Jpmorgan Chase Bank. Show Details
    • Thor 520 5Th Avenue LLC sold this property to 520 Fifth Owner LLC for $269,731,014.00 on 2015-08-18. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2014-06-20. Parties: Signature Bank Show Details
    • Initial UCC1 dated 2014-06-20, Debtor: Thor 520 5Th Avenue LLC, Secured Party: 516 Fifth Funding LLC, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Thor 520 5Th Avenue LLC by 516 Fifth Funding LLC or 2014-06-03 Show Details
    • Mortgage Agreement for $75,000,000.00 dated 2014-06-03 between Thor 520 5Th Avenue LLC and 516 Fifth Funding LLC Show Details
    • Thor 520 5Th Avenue LLC took a mortgage for $25,000,000.00 from 516 Fifth Funding LLC on 2014-06-03. Show Details
    • On 2014-05-28 a mortgage on this property was transferred from Signature Bank to 516 Fifth Funding LLC. Show Details
    • 522 Fifth Acquisition Owner LLC granted an easement to Thor 5Th Avenue, LLC on 2013-12-12. Show Details
    • Zoning Lot Description (Other Documents) was filed on 2014-01-24. Parties: Thor 520 5Th Avenue LLC Show Details
    • Certificate (Other Documents) was filed on 2014-01-24. Parties: Royal Abstract Of New York LLC Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2012-04-10. Parties: 516 Finance Acquisition LLC Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2012-04-10. Parties: National Association Wells Fargo Bank, 516 Finance Acquisition LLC Show Details
    • An Assignment of Leases and Rents was granted to Thor 520 5Th Avenue LLC by Signature Bank or 2012-03-09 Show Details
    • Mortgage Agreement for $50,000,000.00 dated 2012-03-09 between Signature Bank and Thor 520 5Th Avenue LLC Show Details
    • On 2012-03-09 a mortgage on this property was transferred from 516 Finance Acquisition LLC to Signature Bank. Show Details
    • On 2012-03-09 a mortgage on this property was transferred from 516 Finance Acquisition LLC to Signature Bank. Show Details
    • On 2012-03-09 a mortgage on this property was transferred from 516 Finance Acquisition LLC to Signature Bank. Show Details
    • On 2012-03-09 a mortgage on this property was transferred from National Association Wells Fargo Bank to 516 Finance Acquisition LLC. Show Details
    • On 2012-03-09 a mortgage on this property was transferred from National Association Wells Fargo Bank to 516 Finance Acquisition LLC. Show Details
    • On 2012-03-09 a mortgage on this property was transferred from National Association Wells Fargo Bank to 516 Finance Acquisition LLC. Show Details
    • 516 Fifth Avenue Partners, LLC sold this property to Thor 520 5Th Avenue LLC for $132,000,000.00 on 2012-03-09. Show Details
    • Termination Of Lease Or Memo (Other Documents) was filed on 2012-03-28. Parties: 516 Fifth Avenue Partners, LLC, Thor 520 5Th Avenue LLC Show Details
    • On 2011-11-08 a mortgage on this property was transferred from Lsref2 Clover Trust 2011 to Wells Fargo Bank National Association. Show Details
    • On 2011-11-08 a mortgage on this property was transferred from Irish Bank Resolution Corporation Limited to Lsref2 Clover Trust 2011. Show Details
    • On 2011-11-08 a mortgage on this property was transferred from Irish Bank Resolution Corporation Limited to Lsref2 Clover Trust 2011. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2011-12-06. Parties: Lsref2 Clover Trust 2011, Wells Fargo Bank National Association Show Details
    • On 2011-11-08 a mortgage on this property was transferred from Lsref2 Clover Trust 2011 to Wells Fargo Bank National Association. Show Details
    • On 2011-11-08 a mortgage on this property was transferred from Lsref2 Clover Trust 2011 to Wells Fargo Bank National Association. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2011-12-06. Parties: Irish Bank Resolution Corporation Limited, Lsref2 Clover Trust 2011 Show Details
    • On 2011-11-08 a mortgage on this property was transferred from Irish Bank Resolution Corporation Limited to Lsref2 Clover Trust 2011. Show Details
    • 516 Fifth Avenue Partners, LLC sold this property to Thor 520 5Th Avenue LLC for $0.00 on 2011-11-29. Show Details
    • Initial UCC1 dated 2008-06-13, Debtor: 516 Fifth Avenue Partners, LLC, Secured Party: Anglo Irish Bank Corporation Plc, Assignee: Show Details
    • 516 Fifth Avenue Partners, LLC took a mortgage for $15,000,000.00 from Anglo Irish Bank Corporation Plc on 2008-05-16. Show Details
    • Initial UCC1 dated 2008-05-27, Debtor: 516 Fifth Avenue Partners, LLC, Secured Party: Anglo Irish Bank Corporation Plc, Assignee: Show Details
    • Court Order (Other Documents) was filed on 2008-05-23. Parties: 516 Fifth Avenue Partners, LLC, Quincy Mining Company & Joanne Maya Show Details
    • Joel Isaacson & Co. Inc. sold this property to 516 Fifth Avenue Partners, LLC for $750,000.00 on 2007-08-20. Show Details
    • 516 Fifth Avenue Partners, LLC took a mortgage for $30,000,000.00 from Anglo Irish Bank Corporation Plc on 2007-06-25. Show Details
    • Declaration (Other Documents) was filed on 2007-07-06. Parties: Anglo Irish Bank Corporation Plc Show Details
    • Declaration (Other Documents) was filed on 2007-07-06. Parties: M & T Real Estate, INC & Manufactures And Traders Trust Company Show Details
    • Development Rights (Deeds And Other Conveyances) was filed on 2007-07-06. Parties: The Century Association, 516 Fifth Avenue Partners LLC Show Details
    • Development Rights (Deeds And Other Conveyances) was filed on 2007-07-06. Parties: Princeton Club Of New York, 516 Fifth Avenue Partners, LLC Show Details
    • Declaration (Other Documents) was filed on 2007-07-06. Parties: Princeton Club Of New York & 516 Fifth Avenue Partners, LLC & The Century Association Show Details
    • Zoning Lot Description (Other Documents) was filed on 2007-07-06. Parties: 516 Fifth Avenue Partners, LLC Show Details
    • Certificate (Other Documents) was filed on 2007-07-06. Parties: Counsel Abstract, INC Show Details
    • UCC3 Termination dated 2007-03-20, Debtor: 516 Fifth Avenue Partners, LLC, Secured Party: Westdeutsche Immobilienbank, Assignee: Show Details
    • Initial UCC1 dated 2007-03-19, Debtor: 516 Fifth Avenue Partners, LLC, Secured Party: Anglo Irish Bank Corporation Plc, Assignee: Show Details
    • UCC3 Termination dated 2007-03-19, Debtor: 518 Fifth Avenue Realty LLC, Secured Party: M&T Real Estate Trust & Inc. Successor To M&T Real Estate, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-03-19. Parties: 516 Fifth Avenue Partners, LLC, Westdeutsche Immobilienbank Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-03-19. Parties: 518 Fifth Avenue Realty LLC, M&T Real Estate, INC Show Details
    • An Assignment of Leases and Rents was granted to 516 Fifth Avenue Partners, LLC by Anglo Irish Bank Corporation Plc or 2007-02-27 Show Details
    • Mortgage Agreement for $35,000,000.00 dated 2007-02-27 between 516 Fifth Avenue Partners, LLC and Anglo Irish Bank Corporation Plc Show Details
    • 516 Fifth Avenue Partners, LLC took a mortgage for $23,488,763.56 from Anglo Irish Bank Corporation Plc on 2007-02-27. Show Details
    • On 2007-01-30 a mortgage on this property was transferred from M&T Real Estate Trust & Successor To M&T Real Estate Inc. to Anglo Irish Bank Corporation Plc. Show Details
    • On 2007-02-27 a mortgage on this property was transferred from Westdeutche Immobilienbank to Anglo Irish Bank Corporation Plc. Show Details
    • L.L.C. 520 Fifth Avenue Holdings sold this property to 516 Fifth Avenue Partners, LLC for $10,179,261.00 on 2007-02-27. Show Details
    • L.P. 520 Fifth Avenue Company sold this property to L.L.C. 520 Fifth Avenue Holdings for $0.00 on 2007-02-27. Show Details
    • L.P. 520 Fifth Avenue Company & Propp Brothers Ii, LLC sold this property to L.L.C. 520 Fifth Avenue Holdings for $10,000,000.00 on 2007-02-27. Show Details
    • 518 Fifth Avenue Realty, LLC sold this property to 516 Fifth Avenue Partners, LLC for $10,000,000.00 on 2007-02-26. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2003-04-09. Parties: Llc C/O Rfr Holding Llc 516 Fifth Avenue Partners, Westdeutsche Immobilienbank Show Details
    • UCC3 Amendment dated 2003-03-21, Debtor: Llc C/O Rfr Holding Llc 516 Fifth Avenue Partners, Secured Party: Westdeutsche Immobilienbank, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 2002-09-17 between Sixth Avenue Partners LLC & 516 Fifth Avenue Partners, LLC and Westdeutsche Immobilienbank Show Details
    • Initial UCC1 dated 2002-04-25, Debtor: 518 Fifth Avenue Realty LLC, Secured Party: Inc. M & T Real Estate, Assignee: Show Details
    • UCC3 Termination dated 2000-06-16, Debtor: Inc. Arezzo Gold And Silver Jewelry Center, Secured Party: Fleet Precious Metals Inc., Assignee: Show Details
    • Initial UCC1 dated 1998-06-03, Debtor: 516 Fifth Avenue Partners, LLC, Secured Party: Wilhelm-Theodor-Roemh Westdeutsche Immobilienbank, Assignee: Show Details
    • Initial UCC1 dated 1997-05-15, Debtor: Superior Communications Tech, Secured Party: H & L Credit Corp, Assignee: Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1996-02-02. Parties: Inc. Arezzo Gold And Silver Jewelry Center, Fleet Precious Metals Inc. Show Details
    • Cathleen Turney Satisfied their Mortgage with Louisa M. Lee on 1992-07-22. Show Details
    • 518 Fifth Ave Corp. Satisfied their Mortgage with Actors Fund America on 1991-10-22. Show Details
    • 518 Fith Ave Corp took a mortgage for $300,000.00 from Jeanne Goodwin & Susan Fbo Lerner & Laurenceu/W Goodstein & Robert Goodstein & Alisa Ruttenberg & Marc Lerner & Akira Industries Coltd & Marilyn Kushen & Elisabeth Lerner & William Est/ Goodstein on 1991-08-12. Show Details
    • Initial UCC1 dated 1991-06-13, Debtor: Inc. Arezzo Gold And Silver Jewelry Center, Secured Party: Fleet Precious Metals Inc., Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1988-01-06 between Actors Fund/America and 518 5 Ave Corp Show Details
    • Mortgage Agreement for $0.00 dated 1987-10-28 between Jocelyne Rlty Co & Jocelyne Equities Co and Igs Realty Co Show Details
    • Release dated 1987-10-28 between Jocelyne Eqts Co and Jocelyne Rlty Co Show Details
    • On 1987-10-28 a mortgage on this property was transferred from First American Bk Etc to Jocelyne Equities Co. Show Details
    • Jocelyne Realty Co sold this property to Akira Industries Coltd for $0.00 on 1987-10-08. Show Details
    • Mortgage Agreement for $0.00 dated 1987-03-16 between Actor'S Fund/America and 518 Fifth Avenue Corp. Show Details
    • Quincy Fifth Ave Corp sold this property to 520 Fifth Ave Co Lp for $0.00 on 1986-12-24. Show Details
    • On 1985-03-06 a mortgage on this property was transferred from National Westmstr Bkusa to First American Bk/Maryld. Show Details
    • Mortgage Agreement for $0.00 dated 1985-03-06 between Jocelyne Realty Co. and First American Bk/Mrylnd Show Details
    • Jocelyne Realty Co. took a mortgage for $7,302,429.69 from First American Bk/Mrylnd on 1985-03-06. Show Details
    • Consolidated Investco & Norbert Natanson sold this property to Jocelyne Realty Co. for $0.00 on 1985-02-20. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1985-03-01. Parties: Jocelyne Realty Co. Show Details
    • Mortgage Agreement for $0.00 dated 1982-08-05 between Norbert Natanson & Inc Consolidated Invg.Co and National Bank/N.A. Show Details
    • On 1982-08-05 a mortgage on this property was transferred from East River Savings Bk to National Bank/ N. A.. Show Details
    • E B Meyrowitz, INC leased this property from Quincy Fifth Ave Corp on 1973-11-19 Show Details

    Lot

    Address
    516 5th Ave, 10036
    Square Footage
    10,625
    Lot Type
    Corner
    Dimensions
    85.0ft x 125.0ft
    BBL
    1012590035

    Neighborhood

    Neighborhood
    Midtown
    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    14
    Fire Company
    E065
    School District
    2
    Census Tract
    96

    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
    $9,000,000
    MV Total
    $9,000,000
    AV Land
    $4,050,000
    AV Total
    $4,050,000

    Floor Area Ratio

    Built FAR
    0.0

    Residential
    Zoned FAR 10.0
    Max 106,250.0 sq. ft.
    Remaining 106,250.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 159,375.0 sq. ft.
    Remaining 159,375.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 159,375.0 sq. ft.
    Remaining 159,375.0 sq. ft.

    Building

    Category
    Vacant Land
    Class
    Zoned Commercial Or Manhattan Residential
    Land Use
    Vacant Land
    Buildings
    0
    Year Built
    0
    Alterations
    N/A
    Floors
    0.0
    Residential Units
    0
    Total Units
    0
    Floor Area
    0
    Basement
    Unknown
    Proximity
    Unknown

    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