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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    • Inc. Tw Telecom sold this property to Level 3 Communications, LLC for $3,535,942.00 on 2014-10-31. Show Details
    • An Assignment of Leases and Rents was granted to 521 Fifth Fee Owner LLC & Green 521 Fifth Avenue LLC by New York Commercial Bank or 2012-12-06 Show Details
    • Mortgage Agreement for $170,000,000.00 dated 2012-12-06 between 521 Fifth Fee Owner LLC & Green 521 Fifth Avenue LLC and New York Commercial Bank Show Details
    • Green 521 Fifth Avenue LLC sold this property to 521 Fifth Fee Owner LLC for $170,000,000.00 on 2012-12-06. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-12-13. Parties: New York Commercial Bank, Royal Health Care Of Long Island, LLC Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-12-13. Parties: New York Commercial Bank, Prime Office Centers 521, LLC Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-12-13. Parties: New York Commercial Bank, Starz Media, LLC Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-12-13. Parties: Inc. Urban Outfitters, New York Commercial Bank Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-12-13. Parties: New York Commercial Bank, Robert K. Futterman & Associates, LLC Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-12-13. Parties: New York Commercial Bank, Alexandra & James, LLC Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-12-13. Parties: New York Commercial Bank, Inc. Enterprise Asset Management Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-12-13. Parties: New York Commercial Bank, Berkadia Commercial Mortgage, LLC Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-12-13. Parties: New York Commercial Bank, Altman Foundation Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-12-13. Parties: New York Commercial Bank, Inc. Equinox-43Rd Street Show Details
    • An Assignment of Leases and Rents was granted to Green 521 Fifth Avenue LLC by New York Commercial Bank or 2012-11-30 Show Details
    • Mortgage Agreement for $170,000,000.00 dated 2012-11-30 between Green 521 Fifth Avenue LLC and New York Commercial Bank Show Details
    • Green 521 Fifth Avenue LLC took a mortgage for $20,000,000.00 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. Parties: New York Agency United Overseas Bank Limited 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. Parties: Green 521 Fifth Avenue LLC, Green 521 Fifth Avenue LLC Show Details
    • An Assignment of Leases and Rents was granted to Green 521 Fifth Avenue LLC by New York Agency United Overseas Bank Limited or 2011-04-21 Show Details
    • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2011-05-02. Parties: Green 521 Fifth Avenue LLC, New York Agency United Overseas Bank Limited Show Details
    • Assignment Of Lease (Other Documents) was filed on 2011-05-02. Parties: 300-521 Fee LLC & 104-521 Fee LLC, Green 521 Fifth Avenue LLC Show Details
    • 300-521 Fee LLC & 104-521 Fee LLC sold this property to Green 521 Fifth Avenue LLC for $225,000,000.00 on 2011-04-21. Show Details
    • UCC3 Termination dated 2011-05-02, Debtor: 300-521 Fee LLC, Secured Party: Anglo Irish Bank Corporation Limited, Assignee: Show Details
    • UCC3 Termination dated 2011-05-02, Debtor: 104-521 Fee LLC, Secured Party: Anglo Irish Bank Corporation Limited, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2011-05-02. Parties: 300-521 Fee LLC & 104-521 Fee LLC, Anglo Irish Bank Corporation Limited Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2011-05-02. Parties: Green 521 Fifth Avenue LLC, 300-521 Fee LLC & 104-521 Fee LLC 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
    • Cif 521 Member LLC sold this property to Green 521 Fifth Avenue Holdings LLC for $25,060,000.00 on 2011-01-06. Show Details
    • Mortgage Agreement for $140,000,000.00 dated 2008-01-02 between 300-521 Fee LLC & 104-521 Fee LLC and Ing Real Estate Finance (Usa) LLC & Anglo Irish Bank Corporation Plc Show Details
    • Mortgage Agreement for $0.00 dated 2007-05-15 between Circuit City Stores, INC and Anglo Irish Bank Corporation Plc Show Details
    • Mortgage Agreement for $0.00 dated 2007-05-03 between 300-521 Fee LLC & 104-521 Fee LLC and Circuit City Stores, INC & Green 521 5Th Avenue LLC Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2008-02-28. Parties: Green 521 5Th Avenue LLC, Circuit City Stores, INC Show Details
    • UCC3 Termination dated 2006-06-02, Debtor: 104-521 Fee LLC & F/K/A Fae Holdings 375855R, LLC, Secured Party: Inc. Column Financial, Assignee: Show Details
    • UCC3 Termination dated 2006-06-02, Debtor: 300-521 Fee LLC & F/K/A Fae Holdings 375855R, LLC, Secured Party: Inc. Column Financial, Assignee: Show Details
    • Initial UCC1 dated 2006-06-02, Debtor: 300-521 Fee LLC, Secured Party: Anglo Irish Bank Corporation Plc, Assignee: Show Details
    • Initial UCC1 dated 2006-06-02, Debtor: 104-521 Fee LLC, Secured Party: Anglo Irish Bank Corporation Plc, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-06-01. Parties: Inc. Column Financial, Fae Holdings 375855R, LLC & 104-521 Fee LLC & 520 Fifth Operating LLC Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-06-01. Parties: Inc. Column Financial, 300-521 Fee LLC & 104-521 Fee LLC Show Details
    • An Assignment of Leases and Rents was granted to 300-521 Fee LLC & 104-521 Fee LLC by Green 521 Fifth Avenue LLC or 2006-04-07 Show Details
    • Mortgage Agreement for $0.00 dated 2006-04-07 between 300-521 Fee LLC & Green 521 Fifth Avenue LLC & 104-521 Fee LLC and Anglo Irish Bank Corporation Plc Show Details
    • An Assignment of Leases and Rents was granted to Anglo Irish Bank Corporation Plc by 300-521 Fee LLC & 104-521 Fee LLC or 2006-04-07 Show Details
    • Mortgage Agreement for $140,000,000.00 dated 2006-04-07 between 300-521 Fee LLC & 104-521 Fee LLC and Anglo Irish Bank Corporation Plc Show Details
    • 300-521 Fee LLC & 104-521 Fee LLC took a mortgage for $67,500,000.00 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. Parties: 300-521 Fee LLC & Fae Holdings 375855R, LLC & 104-521 Fee LLC, Inc. Column Financial Show Details
    • An Assignment of Leases and Rents was granted to 300-521 Fee LLC & Fae Holdings 375855R, LLC & 104-521 Fee LLC by Green 521 Fifth Avenue LLC or 2006-03-10 Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2006-05-09. Parties: 300-521 Fee LLC & 104-521 Fee LLC, Green 521 Fifth Avenue LLC Show Details
    • Termination Of Lease Or Memo (Other Documents) was filed on 2006-05-09. Parties: 521 Fifth Operating LLC, 300-521 Fee LLC & 104-521 Fee LLC & F/K/A Fae Holdings 375855R, LLC Show Details
    • UCC3 Termination dated 2006-05-05, Debtor: 521 Fifth Operating LLC, Secured Party: Column Financial, INC, Assignee: Show Details
    • UCC3 Amendment dated 2006-05-05, Debtor: 300-521 Fee LLC, Secured Party: Column Financial, INC, Assignee: Show Details
    • UCC3 Amendment dated 2006-05-05, Debtor: 104-521 Fee LLC, Secured Party: Column Financial, INC, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Inc. Column Financial by Fae Holdings 375855R, LLC, (Fka) & 300-521 Fee LLC & 104-521 Fee LLC or 2006-03-10 Show Details
    • 300-521 Fee LLC & Fae Holdings 375855R, LLC & 104-521 Fee LLC took a mortgage for $72,500,000.00 from Inc. Column Financial on 2006-03-10. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2006-04-27. Parties: Inc. Column Financial, 521 Fifth Operating LLC & 300-521 Fee LLC & Fae Holdings 375855R, LLC & 104-521 Fee LLC Show Details
    • 64Th Street Partners & R&F 64Th Street LLC & L.P. 300 East 64Th Street Associates sold this property to 300-521 Mezz Ii LLC for $0.00 on 2006-03-10. Show Details
    • 300-521 Fee LLC & 104-521 Fee LLC sold this property to Green 521 Fifth Avenue LLC for $0.00 on 2006-03-10. Show Details
    • Inc. Equinox Holdings sold this property to Inc. Equinox Holdings for $0.00 on 2006-02-10. Show Details
    • An Assignment of Leases and Rents was granted to Inc. Column Financial by 521 Fifth Operating LLC & Llc. Fae Holdings 375855R & 104-521 Fee LLC or 2006-02-06 Show Details
    • Mortgage Agreement for $72,500,000.00 dated 2006-02-06 between 521 Fifth Operating LLC & Llc. Fae Holdings 375855R & 104-521 Fee LLC and Inc. Column Financial Show Details
    • 521 Fifth Operating LLC & Llc. Fae Holdings 375855R & 104-521 Fee LLC took a mortgage for $8,250,000.00 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. Parties: Fae Holdings 375855R, LLC & 104-521 Fee LLC, 521 Fifth Operating LLC Show Details
    • Mortgage Agreement for $0.00 dated 2006-02-06 between 104-521 Fee LLC and Fae Holdings 375855R, LLC Show Details
    • 521 Fifth Avenue Partners LLC sold this property to Fae Holdings 375855R, LLC & 104-521 Fee LLC for $0.00 on 2006-02-06. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-02-24. Parties: Westdeutsche Immobilien Bank, 521 Fifth Avenue Partners, LLC Show Details
    • Inc. Sunhold New York & Llc 521 Fifth Avenue Partners & Inc. Citicorp North America & 521 Fifth Avenue LLC sold this property to 104-521 Fee LLC for $79,784,083.77 on 2006-02-06. Show Details
    • Initial UCC1 dated 2006-02-22, Debtor: 521 Fifth Operating LLC, Secured Party: Inc. Column Financial, Assignee: Show Details
    • Initial UCC1 dated 2006-02-22, Debtor: Fae Holdings 375855R, LLC, Secured Party: Inc. Column Financial, Assignee: Show Details
    • Initial UCC1 dated 2006-02-22, Debtor: 104-521 Fee LLC, Secured Party: Inc. Column Financial, Assignee: Show Details
    • UCC3 Termination dated 2005-07-01, Debtor: 521 Fifth Avenue Partners, LLC, Secured Party: Westdeutsche Immobilienbank, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 2003-05-20 between 521 Fifth Avenue Partners, LLC & Westdeutsche Immobilienbank and Inc. Case Pomeroy & Company Show Details
    • Initial UCC1 dated 2000-11-21, Debtor: 521 Fifth Avenue Partners, LLC, Secured Party: Westdeutsche Immobilienbank Wilhelm-Theodore-, Assignee: Show Details
    • A Miscellaneous legal document filed on 2000-11-06. Parties: Landesbank Hessen-Thuringen Girozentrale & Bayerische Landesbank Girozentrale 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
    • Mortgage Agreement for $0.00 dated 2000-11-06 between 521 Fifth Avenue Partners, LLC and Westdeutsche Immobilienbank Show Details
    • A Miscellaneous legal document filed on 2000-11-06. Parties: Manufacturers And Traders Trust Company Show Details
    • UCC3 Termination dated 2000-03-13, Debtor: 521 Fifth Avenue Partners, LLC, 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
    • Mortgage Agreement for $0.00 dated 2000-02-02 between 521 Fifth Avenue Partners, LLC and Landesbank Hessen-Thuringen Girozentrale & Bayerische Landesbank Girozentrale Show Details
    • Mortgage Agreement for $0.00 dated 2000-02-02 between Landesbank Hessen-Thuringen Girozentrale and Bayerische Landesbank Girozentrale & Manufacturers And Traders Trust Company Show Details
    • Mortgage Agreement for $0.00 dated 2000-02-02 between 521 Fifth Avenue Partners, LLC and Manufacturers And Traders Trust Company 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. Parties: 521 Fifth Avenue Partners, LLC, Sl Green Funding LLC, Manufacturers And Traders Trust Company Show Details
    • Mortgage Agreement for $0.00 dated 1999-12-27 between 521 5Th Ave. Partners LLC & Inc. Office Depot and Sl Green Funding LLC Show Details
    • Mortgage Agreement for $0.00 dated 1999-12-09 between Inc. Office Depot & 521 Fifth Avenue Partners, LLC and Landesbank Hessen-Thuringen Girozentrale Show Details
    • Mortgage Agreement for $0.00 dated 1999-06-02 between 529 Fifth Company and 521 Fifth Avenue Partners, LLC Show Details
    • Llc. 521 Fifth Avenue Partrners took a mortgage for $20,000.00 from Sl Green Funding LLC. on 1999-06-02. Show Details
    • 521 5Th Ave. Associates sold this property to 521 5Th Ave Partners, LLC for $0.00 on 1999-04-05. Show Details
    • A Miscellaneous legal document filed on 1999-06-02. Parties: 529 Fifth Company & Larry Silverstein & Llc F/B/O 521 Fifth Avenue Partners Show Details
    • A Miscellaneous legal document filed on 1999-06-02. Parties: 529 Fifth Company & 521 Fifth Avenue Associates and 521 Fifth Avenue Partners, LLC Show Details
    • Mortgage Agreement for $0.00 dated 1999-06-02 between Landesbank Hessen-Thuringen Girozentrale and Sl Green Funding LLC & Bayrische Landesbankgirozentrale 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. Parties: Massachusetts Mutuallife Insurance Company Show Details
    • 521 Fifth Avenue Partners, LLC took a mortgage for $14,980,022.78 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