545 5th Ave
Midtown
New York, NY, 10017

Built in 1930 this 164,634 sq.ft. building is 91% Office Space, 9% Retail and contains 0 residential units and 41 non-residential units.

This property is currently Off Market.

    Transit

    • 5th Av Route BRoute DRoute FRoute MRoute 7 4 Minute walk, 0.2 Miles
    • 5th Av-53rd St Route ERoute M 9 Minute walk, 0.4 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 10 Minute walk, 0.5 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 5 Minute walk, 0.2 Miles

    Schools

    • Elementary School

      • 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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    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2015-09-22. Parties: 535-545 Fee LLC, Morgan Stanley Mortgage Capital Holdings LLC, Wilmington Trust, National Association, As Trustee Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2015-09-22. Parties: Morgan Stanley Mortgage Capital Holdings LLC, Wilmington Trust, National Association, As Trustee Show Details
    • On 2015-08-05 a mortgage on this property was transferred from Morgan Stanley Mortgage Capital Holdings LLC to Wilmington Trust, National Association, As Trustee. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2015-09-22. Parties: 535-545 Fee LLC, N.A. Morgan Stanley Bank, Morgan Stanley Mortgage Capital Holdings LLC Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2015-09-22. Parties: N.A. Morgan Stanley Bank, Morgan Stanley Mortgage Capital Holdings LLC Show Details
    • On 2015-08-05 a mortgage on this property was transferred from N.A. Morgan Stanley Bank to Morgan Stanley Mortgage Capital Holdings LLC. Show Details
    • Mortgage Agreement for $0.00 dated 2015-05-04 between N.A. Morgan Stanley Babk and Inc. Gardiner & Theobald & 535-545 Fee LLC Show Details
    • Joseph Moinian sold this property to Moinian Limited for $0.00 on 2015-05-22. Show Details
    • Joseph Moinian sold this property to 535-545 Holdings LLC for $0.00 on 2015-02-11. Show Details
    • UCC3 Termination dated 2015-02-25, Debtor: 535-545 Fee LLC, Secured Party: Wells Fargo Bank As Trustee, Assignee: Show Details
    • Initial UCC1 dated 2015-02-25, Debtor: 535-545 Fee LLC, Secured Party: N.A. Morgan Stanley Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 535-545 Fee LLC by N.A. Morgan Stanley Bank or 2015-02-11 Show Details
    • Mortgage Agreement for $310,000,000.00 dated 2015-02-11 between 535-545 Fee LLC and N.A. Morgan Stanley Bank Show Details
    • 535-545 Fee LLC took a mortgage for $133,000,000.00 from N.A. Morgan Stanley Bank on 2015-02-11. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2015-02-25. Parties: Commerical Mortgage Pass-Through Certificate & N.A. Wells Fargo Bank Show Details
    • On 2015-02-11 a mortgage on this property was transferred from Commerical Mortgage Pass-Through Certificate & N.A. Wells Fargo Bank to N.A. Morgan Stanley Bank. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2010-12-07. Parties: 535-545 Fee LLC, Wells Fargo Bank, Na, As Trustee Show Details
    • Mortgage Agreement for $0.00 dated 2010-01-29 between Tractenberg Rodes & Friedberg Llp and 535-545 Fee LLC & N.A. Wells Fargo Bank Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2008-08-07. Parties: 535-545 Fee Lcc, Column Financial, Wells Fargo Bank As Trustee Show Details
    • On 2006-03-10 a mortgage on this property was transferred from Column Financial to Wells Fargo Bank As Trustee. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2008-07-09. Parties: Column Financial, Wells Fargo Bank As Trustee Show Details
    • UCC3 Termination dated 2006-04-26, Debtor: 545 Owners LLC, Secured Party: National Association Wachovia Bank, Assignee: Show Details
    • Initial UCC1 dated 2006-04-26, Debtor: 535-545 Fee LLC, Secured Party: Inc. Column Financial, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-04-26. Parties: N.A. Wells Fargo Bank Show Details
    • Termination Of Agreement (Other Documents) was filed on 2006-04-26. Parties: National Association Wachovia Bank, 509 Owners LLC & 535 Owners LLC & 545 Owners LLC Show Details
    • An Assignment of Leases and Rents was granted to by or 2006-03-10 Show Details
    • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2006-04-26. Parties: 535-545 Fee LLC, Inc. Column Financial Show Details
    • Mortgage Spreader Agreement (Mortgages & Instruments) was filed on 2006-04-26. Parties: Show Details
    • Mortgage Spreader Agreement (Mortgages & Instruments) was filed on 2006-04-26. Parties: 535-545 Fee LLC, Inc. Column Financial Show Details
    • On 2006-03-08 a mortgage on this property was transferred from N.A. Wells Fargo Bank to Inc. Column Financial. Show Details
    • sold this property to for $116,250,000.00 on 2006-03-10. Show Details
    • On 2003-08-13 a mortgage on this property was transferred from to . 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
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2003-12-15. Parties: 545 Owners LLC, National Association Wachovia Bank, 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: 545 Owners LLC, Secured Party: Lasalle Bank National Association, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 2003-06-26 between and Show Details
    • An Assignment of Leases and Rents was granted to National Association Wachovia Bank by 545 Owners LLC or 2003-06-26 Show Details
    • Mortgage Agreement for $36,000,000.00 dated 2003-06-26 between 545 Owners LLC and National Association Wachovia Bank Show Details
    • Mortgage Agreement for $95,000,000.00 dated 2003-06-26 between and 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 and Show Details
    • Initial UCC1 dated 2003-07-08, Debtor: 545 Owners LLC, Secured Party: National Association Wachovia Bank, Assignee: 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
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2002-02-06. Parties: 545 Owners LLC, Salomon Brothers Realty Corp., As Trustee Lasallle Bank National Association Show Details
    • Initial UCC1 dated 2001-02-23, Debtor: 545 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 & 509 Owners LLC & 545 Owners LLC took a mortgage for $40,000,000.00 from Salomon Brothers Realty Corp. on 2001-01-22. Show Details
    • Release dated 2000-02-01 between Morgan Guaranty Trust Company Of New York and 509 LLC & 545 Owners LLC & 509 Owners LLC & 535 Owners LLC & 535 LLC Show Details
    • Mortgage Agreement for $0.00 dated 2000-02-01 between 509 LLC & 545 Owners LLC & 509 Owners LLC & 535 Owners LLC & 535 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 & 545 Owenrs LLC & 509 Owners LLC & 535 Owners LLC & 535 LLC and Salomon Brothers Realty Corp. Show Details
    • 509 LLC & 545 Owners LLC & 509 Owners LLC & 535 Owners LLC & 535 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 509 Owners LLC & 535 Owners LLC & 545 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: 545 Owners LLC, Secured Party: Salomon Brothers Realty Corp., Assignee: Show Details
    • Release dated 1999-12-20 between Salomon Brothers Realty Corp. and 545 Owners LLC Show Details
    • 535 Fifth Avenue LLC sold this property to 545 Fifth Avenue LLC. & Westhill Reo Holdings I LLC for $0.00 on 1998-10-22. Show Details
    • On 1999-01-07 a mortgage on this property was transferred from Zeus Property LLC to Westhill Equities LLC. Show Details
    • Westhill Reo Holdings I LLC sold this property to 545 Owners LLC for $0.00 on 1998-10-22. Show Details
    • On 1999-01-07 a mortgage on this property was transferred from 545 Owners LLC & 535 Owners LLC to Salomon Brothers Realty Corp.. Show Details
    • Mortgage Agreement for $0.00 dated 1999-01-07 between 535 Fifth Avenue LLC & 545 Fifth Avenue LLC & 757 Third Avenue LLC and Zeus Property LLC & Westhill Equities LLC Show Details
    • On 1999-01-07 a mortgage on this property was transferred from Salomon Brothers Realty Corp. to Zeus Property LLC. Show Details
    • On 1999-01-07 a mortgage on this property was transferred from Westhill Equities LLC to Salomon Brothers Realty Corp.. Show Details
    • On 1999-01-07 a mortgage on this property was transferred from Salomon Brothers Realty Corp. to Westhill Equities LLC. Show Details
    • Release dated 1999-01-07 between Zeus Property LLC and 535 Fifth Avenue LLC & 545 Fifth Avenue LLC & 757 Third Avenue LLC Show Details
    • On 1999-01-07 a mortgage on this property was transferred from Salomon Brothers Realty Corp. to Zeus Property LLC. Show Details
    • Release dated 1999-01-07 between Zeus Property LLC and 535 Fifth Avenue LLC & 545 Fifth Avenue LLC & 757 Third Avenue LLC 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
    • On 1999-01-07 a mortgage on this property was transferred from Salomon Brothers Realty Corp. to Westhill Equities LLC. Show Details
    • A Miscellaneous legal document filed on 1999-01-07. Parties: Westhill Equities LLC Show Details
    • 535 Fifth Avenue LLC & 545 Fifth Avenue LLC took a mortgage for $27,193,402.69 from Zeus Property LLC on 1999-01-07. Show Details
    • On 1999-01-07 a mortgage on this property was transferred from Zeus Property LLC to Westhill Equities LLC. Show Details
    • Mortgage Agreement for $0.00 dated 1999-01-07 between 545 Owners LLC & 535 Owners LLC and Salomon Brothers Realty Corp. Show Details
    • On 1999-01-07 a mortgage on this property was transferred from 535 Fifth Avenue LLC & 545 Fifth Avenue LLC to Zeus Property LLC. Show Details
    • On 1998-06-16 a mortgage on this property was transferred from Zeus Property LLC to Westhill Equities LLC. Show Details
    • On 1998-06-16 a mortgage on this property was transferred from Zeus Property LLC to Westhill Equities LLC. Show Details
    • On 1998-06-16 a mortgage on this property was transferred from Westhill Equities LLC to Salomon Brothers Realty Corp.. Show Details
    • On 1998-06-16 a mortgage on this property was transferred from Westhill Equities LLC to Salomon Brothers Realty Corp.. Show Details
    • On 1998-06-16 a mortgage on this property was transferred from Zeus Property LLC to Westhill Equities LLC. Show Details
    • On 1998-06-16 a mortgage on this property was transferred from Westhill Equities LLC to Salomon Brothers Realty Corp.. Show Details
    • On 1998-06-16 a mortgage on this property was transferred from Zeus Property LLC to Westhill Equities LLC. Show Details
    • On 1998-06-16 a mortgage on this property was transferred from Zeus Property LLC to Westhill Equities LLC. Show Details
    • On 1998-06-16 a mortgage on this property was transferred from Salomon Brothers Realty Corp. to Zeus Property LLC. Show Details
    • On 1998-06-16 a mortgage on this property was transferred from Zeus Property LLC to Westhill Equities LLC. Show Details
    • On 1998-06-16 a mortgage on this property was transferred from Westhill Equities LLC to Salomon Brothers Realty Corp.. Show Details
    • A Miscellaneous legal document filed on 1998-06-16. Parties: Salomon Brothers Realty Corp. Show Details
    • On 1998-06-16 a mortgage on this property was transferred from Zeus Property LLC to Westhill Equities LLC. Show Details
    • On 1998-06-16 a mortgage on this property was transferred from Salomon Brothers Realty Corp. to Zeus Property LLC. Show Details
    • A Miscellaneous legal document filed on 1998-06-16. Parties: Salomon Brothers Realty Corp. Show Details
    • On 1998-06-16 a mortgage on this property was transferred from Salomon Brothers Realty Corp. to Zeus Porperty LLC. Show Details
    • On 1998-06-16 a mortgage on this property was transferred from Zeus Property LLC to Westhill Equities LLC. Show Details
    • On 1998-06-16 a mortgage on this property was transferred from Salomon Brothers Realty Corp. to Zeus Property LLC. Show Details
    • On 1998-06-16 a mortgage on this property was transferred from Zeus Property LLC to Westhill Equities LLC. Show Details
    • On 1998-06-16 a mortgage on this property was transferred from Salomon Brothers Realty Corp. to Zeus Property LLC. Show Details
    • A Miscellaneous legal document filed on 1998-06-16. Parties: Salomon Brothers Realty Corp. Show Details
    • ... and 508 older documents.

    Lot

    Address
    545 5th Ave, 10017
    Square Footage
    12,550
    Lot Type
    Corner
    Dimensions
    75.42ft x 150.0ft
    BBL
    1012790069

    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
    4
    MV Land
    $12,900,000
    MV Total
    $59,916,000
    AV Land
    $5,805,000
    AV Total
    $26,962,200

    Floor Area Ratio

    Built FAR
    13.12

    Residential
    Zoned FAR 10.0
    Max 125,500.0 sq. ft.
    Remaining -39,134.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 188,250.0 sq. ft.
    Remaining 23,616.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 188,250.0 sq. ft.
    Remaining 23,616.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Bank Building - Designed Exclusively For Banking
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1930
    Alterations
    N/A
    Floors
    13.0
    Residential Units
    0
    Total Units
    41
    Floor Area
    164634
    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