521 5th Ave
Midtown
New York, NY, 10017

Built in 1929 this 408,911 sq.ft. building is 90% Office Space, 4% Retail, 0% Storage, 6% Other and contains 0 residential units and 45 non-residential units.

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 7 Minute walk, 0.4 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 8 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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    • This property was sold for $3,535,942.00 on 2014-10-31. Show Details
    • An Assignment of Leases and Rents was filed on 2012-12-06 Show Details
    • A mortgage agreement for $170,000,000.00 was filed on 2012-12-06 Show Details
    • This property was sold for $170,000,000.00 on 2012-12-06. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-12-13. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-12-13. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-12-13. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-12-13. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-12-13. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-12-13. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-12-13. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-12-13. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-12-13. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-12-13. Show Details
    • An Assignment of Leases and Rents was filed on 2012-11-30 Show Details
    • A mortgage agreement for $170,000,000.00 was filed on 2012-11-30 Show Details
    • A $20,000,000.00 mortgage was taken from New York Commercial Bank on 2012-11-30. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2012-12-13. Show Details
    • On 2012-11-30 a mortgage on this property was transferred from New York Agency United Overseas Bank Limited to New York Commercial Bank. Show Details
    • Termination Of Lease Or Memo (Other Documents) was filed on 2012-12-13. Show Details
    • An Assignment of Leases and Rents was filed on 2011-04-21 Show Details
    • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2011-05-02. Show Details
    • Assignment Of Lease (Other Documents) was filed on 2011-05-02. Show Details
    • This property was sold for $225,000,000.00 on 2011-04-21. Show Details
    • UCC3 Termination dated 2011-05-02, Secured Party: Anglo Irish Bank Corporation Limited, Assignee: Show Details
    • UCC3 Termination dated 2011-05-02, Secured Party: Anglo Irish Bank Corporation Limited, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2011-05-02. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2011-05-02. Show Details
    • On 2011-04-21 a mortgage on this property was transferred from Anglo Irish Bank Corporation Limited to New York Agency United Overseas Bank Limited. Show Details
    • This property was sold for $25,060,000.00 on 2011-01-06. Show Details
    • A mortgage agreement for $140,000,000.00 was filed on 2008-01-02 Show Details
    • A mortgage agreement for $0.00 was filed on 2007-05-15 Show Details
    • A mortgage agreement for $0.00 was filed on 2007-05-03 Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2008-02-28. Show Details
    • UCC3 Termination dated 2006-06-02, Secured Party: Inc. Column Financial, Assignee: Show Details
    • UCC3 Termination dated 2006-06-02, Secured Party: Inc. Column Financial, Assignee: Show Details
    • Initial UCC1 dated 2006-06-02, Secured Party: Anglo Irish Bank Corporation Plc Show Details
    • Initial UCC1 dated 2006-06-02, Secured Party: Anglo Irish Bank Corporation Plc Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-06-01. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-06-01. Show Details
    • An Assignment of Leases and Rents was filed on 2006-04-07 Show Details
    • A mortgage agreement for $0.00 was filed on 2006-04-07 Show Details
    • An Assignment of Leases and Rents was filed on 2006-04-07 Show Details
    • A mortgage agreement for $140,000,000.00 was filed on 2006-04-07 Show Details
    • A $67,500,000.00 mortgage was taken from Anglo Irish Bank Corporation Plc on 2006-04-07. Show Details
    • On 2006-04-07 a mortgage on this property was transferred from Inc. Column Financial to Anglo Irish Bank Corporation Plc. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2006-05-30. Show Details
    • An Assignment of Leases and Rents was filed on 2006-03-10 Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2006-05-09. Show Details
    • Termination Of Lease Or Memo (Other Documents) was filed on 2006-05-09. Show Details
    • UCC3 Termination dated 2006-05-05, Secured Party: Column Financial, INC, Assignee: Show Details
    • UCC3 Amendment dated 2006-05-05, Secured Party: Column Financial, INC Show Details
    • UCC3 Amendment dated 2006-05-05, Secured Party: Column Financial, INC Show Details
    • An Assignment of Leases and Rents was filed on 2006-03-10 Show Details
    • A $72,500,000.00 mortgage was taken from Inc. Column Financial on 2006-03-10. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2006-04-27. Show Details
    • This property was sold for $0.00 on 2006-03-10. Show Details
    • This property was sold for $0.00 on 2006-03-10. Show Details
    • This property was sold for $0.00 on 2006-02-10. Show Details
    • An Assignment of Leases and Rents was filed on 2006-02-06 Show Details
    • A mortgage agreement for $72,500,000.00 was filed on 2006-02-06 Show Details
    • A $8,250,000.00 mortgage was taken from Inc. Column Financial on 2006-02-06. Show Details
    • On 2006-02-01 a mortgage on this property was transferred from Westdeutsche Immobilienbank to Inc. Column Financial. Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2006-03-09. Show Details
    • A mortgage agreement for $0.00 was filed on 2006-02-06 Show Details
    • This property was sold for $0.00 on 2006-02-06. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-02-24. Show Details
    • This property was sold for $79,784,083.77 on 2006-02-06. Show Details
    • Initial UCC1 dated 2006-02-22, Secured Party: Inc. Column Financial Show Details
    • Initial UCC1 dated 2006-02-22, Secured Party: Inc. Column Financial Show Details
    • Initial UCC1 dated 2006-02-22, Secured Party: Inc. Column Financial Show Details
    • UCC3 Termination dated 2005-07-01, Secured Party: Westdeutsche Immobilienbank, Assignee: Show Details
    • A mortgage agreement for $0.00 was filed on 2003-05-20 Show Details
    • Initial UCC1 dated 2000-11-21, Secured Party: Westdeutsche Immobilienbank Wilhelm-Theodore- Show Details
    • A Miscellaneous legal document filed on 2000-11-06. Show Details
    • On 2000-11-06 a mortgage on this property was transferred from Manufacturers And Traders Trust Company to Westdeutsche Immobilienbank. Show Details
    • On 2000-11-06 a mortgage on this property was transferred from Landesbank Hessen-Thuringen Girozentrale to Westdeutsche Immobilientbank. Show Details
    • On 2000-11-06 a mortgage on this property was transferred from 521 Fifth Avenue Partners, LLC to Westdeutsche Immobilien-Bank. Show Details
    • A mortgage agreement for $0.00 was filed on 2000-11-06 Show Details
    • A Miscellaneous legal document filed on 2000-11-06. Show Details
    • UCC3 Termination dated 2000-03-13, Secured Party: Manufacturers And Traders Trust Company, Assignee: Show Details
    • On 2000-02-02 a mortgage on this property was transferred from Sl Green Funding LLC to Manufacturers And Traders Trust Company. Show Details
    • A mortgage agreement for $0.00 was filed on 2000-02-02 Show Details
    • A mortgage agreement for $0.00 was filed on 2000-02-02 Show Details
    • A mortgage agreement for $0.00 was filed on 2000-02-02 Show Details
    • On 2000-02-02 a mortgage on this property was transferred from Sl Green Funding LLC to Manufacturers And Traders Trust Company. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2000-01-25. Show Details
    • A mortgage agreement for $0.00 was filed on 1999-12-27 Show Details
    • A mortgage agreement for $0.00 was filed on 1999-12-09 Show Details
    • A mortgage agreement for $0.00 was filed on 1999-06-02 Show Details
    • A $20,000.00 mortgage was taken from Sl Green Funding LLC. on 1999-06-02. Show Details
    • This property was sold for $0.00 on 1999-04-05. Show Details
    • A Miscellaneous legal document filed on 1999-06-02. Show Details
    • A Miscellaneous legal document filed on 1999-06-02. Show Details
    • A mortgage agreement for $0.00 was filed on 1999-06-02 Show Details
    • On 1999-06-02 a mortgage on this property was transferred from 521 Fifth Avenue Partners, LLC to Sl Green Funding LLC. Show Details
    • On 1999-06-02 a mortgage on this property was transferred from 521 Fifth Avenue Partners, LLC to Landesbank Hessen-Thuringen Girozentrale & Bayerische Landesbank Girozentrale. Show Details
    • On 1999-06-02 a mortgage on this property was transferred from Massachusetts Mutuallife Insurance Company to Landesbank Hessen-Thuringen Girozentrale. Show Details
    • A Miscellaneous legal document filed on 1999-06-02. Show Details
    • A $14,980,022.78 mortgage was taken from Landesbank Hessen-Thuringen Girozentrale & Bayerische Landesbank Girozentrale on 1999-06-02. Show Details
    • ... and 41 older documents.

    Lot

    Address
    521 5th Ave, 10017
    Square Footage
    19,050
    Lot Type
    Corner
    Dimensions
    104.0ft x 184.33ft
    BBL
    1012780001

    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
    Split Zoning
    Yes
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $25,700,000
    MV Total
    $139,522,000
    AV Land
    $11,565,000
    AV Total
    $62,784,900

    Floor Area Ratio

    Built FAR
    21.47

    Residential
    Zoned FAR 10.0
    Max 190,500.0 sq. ft.
    Remaining -218,411.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 285,750.0 sq. ft.
    Remaining -123,161.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 285,750.0 sq. ft.
    Remaining -123,161.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Tower Type
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1929
    Alterations
    N/A
    Floors
    37.0
    Residential Units
    0
    Total Units
    45
    Floor Area
    408911
    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