572 5th Ave
Midtown
New York, NY, 10036

Built in 1940 this 11,970 sq.ft. building is 62% Office Space, 38% Retail and contains 0 residential units and 2 non-residential units.

This property is currently Off Market.

    Transit

    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute M 4 Minute walk, 0.2 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 11 Minute walk, 0.6 Miles
    • 5th Av Route BRoute DRoute FRoute MRoute 7 5 Minute walk, 0.2 Miles
    • 5th Av-53rd St Route ERoute M 7 Minute walk, 0.3 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 10 Minute walk, 0.5 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

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    • An Assignment of Leases and Rents was granted to L.P. 572 Fifth Avenue Associates by Signature Bank or 2016-04-07 Show Details
    • L.P. 572 Fifth Avenue Associates took a mortgage for $2,800,000.00 from Signature Bank on 2016-04-07. Show Details
    • An Assignment of Leases and Rents was granted to L.P. 572 Fifth Avenue Associates by Signature Bank or 2014-06-26 Show Details
    • L.P. 572 Fifth Avenue Associates took a mortgage for $2,550,000.00 from Signature Bank on 2014-06-26. Show Details
    • An Assignment of Leases and Rents was granted to L.P. 572 Fifth Avenue Associates by Signature Bank or 2012-08-21 Show Details
    • L.P. 572 Fifth Avenue Associates took a mortgage for $1,806,797.78 from Signature Bank on 2012-08-21. Show Details
    • UCC3 Termination dated 2009-07-30, Debtor: L.P. 572 Fifth Avenue Associates, Secured Party: N.A. Capital One, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2009-07-30. Parties: N.A. Capital One, L.P. 572 Fifth Avenue Associates Show Details
    • Initial UCC1 dated 2009-07-30, Debtor: L.P. 572 Fifth Avenue Associates, Secured Party: Signature Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to L.P. 572 Fifth Avenue Associates by Signature Bank or 2009-07-15 Show Details
    • Mortgage Agreement for $6,000,000.00 dated 2009-07-15 between L.P. 572 Fifth Avenue Associates and Signature Bank Show Details
    • L.P. 572 Fifth Avenue Associates took a mortgage for $1,880,302.53 from Signature Bank on 2009-07-15. Show Details
    • On 2009-07-09 a mortgage on this property was transferred from N.A. Capital One to Signature Bank. Show Details
    • Initial UCC1 dated 2005-07-22, Debtor: L.P. 572 Fifth Avenue Associates, Secured Party: North Fork Bank, Assignee: Show Details
    • UCC3 Termination dated 2005-07-22, Debtor: L.P. 572 Fifth Avenue Associates, Secured Party: Israel Discount Bank Of New York, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2005-07-22. Parties: Israel Discount Bank Of New York, L.P. 572 Fifth Avenue Associates Show Details
    • An Assignment of Leases and Rents was granted to North Fork Bank by L.P. 572 Fifth Avenue Associates or 2005-05-11 Show Details
    • Mortgage Agreement for $4,500,000.00 dated 2005-05-11 between North Fork Bank and L.P. 572 Fifth Avenue Associates Show Details
    • L.P. 572 Fifth Avenue Associates took a mortgage for $2,444,000.00 from North Fork Bank on 2005-05-11. Show Details
    • On 2005-05-05 a mortgage on this property was transferred from Israel Discount Bank Of New York to North Fork Bank. Show Details
    • L.P. 572 Fifth Avenue Associates took a mortgage for $790,000.00 from Israel Discount Bankof New York on 2002-03-25. Show Details
    • A Miscellaneous legal document filed on 2002-03-25. Parties: North Fork Bank Show Details
    • On 2002-03-25 a mortgage on this property was transferred from L.P. 572 Fifth Avenue Associates to Israel Discount Bankof New York. Show Details
    • Mortgage Agreement for $0.00 dated 2002-03-25 between Israel Discount Bankof New York and L.P. 572 Fifth Avenue Associates Show Details
    • On 2002-03-25 a mortgage on this property was transferred from North Fork Bank to Israel Discount Bankof New York. Show Details
    • UCC3 Termination dated 2002-03-21, Debtor: L.P. 572 Fifth Avenue Associates, Secured Party: Commercial Bank Of New York, Assignee: Show Details
    • Initial UCC1 dated 2002-03-20, Debtor: L.P. 572 Fifth Avenue Associates, Secured Party: Israel Discount Bankof New York, Assignee: Show Details
    • On 1999-10-05 a mortgage on this property was transferred from N.A. Eastbank to Commercial Bank Of New York. Show Details
    • L.P. 572 Fifth Avenue Associates took a mortgage for $901,704.77 from Commercial Bank Of New York on 1999-10-05. Show Details
    • On 1999-10-05 a mortgage on this property was transferred from L.P. 572 Fifth Avenue Associates to Commercial Bank Of New York. Show Details
    • A Miscellaneous legal document filed on 1999-10-05. Parties: N.A. Eastbank Show Details
    • UCC3 Termination dated 1999-09-24, Debtor: L.P. 572 Fifth Avenue Associates, Secured Party: N.A. Eastbank, Assignee: Show Details
    • Initial UCC1 dated 1999-09-20, Debtor: L.P. 572 Fifth Avenue Associates, Secured Party: Commercial Bank Of New York, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1998-07-21 between N.A. Eastbank and L.P. 572 Fifth Avenue Assocites Show Details
    • Initial UCC1 dated 1998-05-28, Debtor: L.P. 572 Fifth Avenue Associates, Secured Party: N.A. Eastbank, Assignee: Show Details
    • UCC3 Termination dated 1994-04-11, Debtor: L.P. 572 Fifth Avenue Associates, Secured Party: Commercial Bank Of New York, Assignee: Show Details
    • Initial UCC1 dated 1994-04-11, Debtor: L.P. 572 Fifth Avenue Associates, Secured Party: N.A. Eastbank, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1994-04-06 between N.A. Eastbank and L.P. 572 Fifth Avenue Associates Show Details
    • On 1994-04-06 a mortgage on this property was transferred from L.P. 572 Fifth Avenue Associates to N.A. Eastbank. Show Details
    • On 1994-04-06 a mortgage on this property was transferred from Commercial Bank Of New York to N.A. Eastbank. Show Details
    • Release dated 1994-04-06 between Commercial Bank Of New York and Bernard Friedman & Robert G. Friedman Show Details
    • Initial UCC1 dated 1994-03-01, Debtor: L.P. 572 Fifth Avenue Associates, Secured Party: Commercial Bank Of New York, Assignee: Show Details
    • On 1993-12-23 a mortgage on this property was transferred from Bernard Friedman & Robert G. Friedman to Commercial Bank/Newyork. Show Details
    • Mortgage Agreement for $0.00 dated 1993-12-23 between 572 Fifth Ave Assoclp and Commercial Bank/Ny Show Details
    • On 1993-12-23 a mortgage on this property was transferred from Bernard Friedman & Robert G. Friedman to Commercial Bank/Newyork. Show Details
    • On 1993-12-23 a mortgage on this property was transferred from Sterling National Bk&Etc to Bernard Friedman & Robert G. Friedman. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 1993-12-23. Parties: Sterling National Bk&Etc, Bernard Friedman & Robert G. Friedman Show Details
    • A Miscellaneous legal document filed on 1993-01-13. Parties: North Side Savings Bank Show Details
    • A Miscellaneous legal document filed on 1992-12-07. Parties: Zenith Properties Ltd & Dilorenzo Propertiesco Show Details
    • Thomaston Propertiesltd leased this property from Watford Properties Ltd on 1992-12-07 Show Details
    • On 1992-12-07 a mortgage on this property was transferred from Bernard Friedman & Robert G. Friedman to Sterling Natl Bk & Etc. Show Details
    • On 1992-12-07 a mortgage on this property was transferred from Bernard Friedman & Robert G. Friedman to Sterling Ntl Bk & Tretc. Show Details
    • On 1992-12-07 a mortgage on this property was transferred from 572 Fifth Ave Assoclp to Bernard Friedman & Robert G. Friedman. Show Details
    • Mortgage Agreement for $0.00 dated 1992-12-07 between Bernard Friedman & Robert G. Friedman and 572 Fifth Ave Assoclp Show Details
    • On 1992-12-07 a mortgage on this property was transferred from 572 Fifth Ave Corp Fka & 5Th Avenue 572 Realetc to Bernard Friedman & Robert G. Friedman. Show Details
    • Zenith Properties Ltd sold this property to 572 Fifth Ave Assoclp for $0.00 on 1992-11-24. Show Details
    • Initial UCC1 dated 1992-12-04, Debtor: Bernard Friedman & Robert G Friedman, Secured Party: Sterling National Bank & Trust Company Of New York, Assignee: Show Details
    • Initial UCC1 dated 1992-12-04, Debtor: Robert G Friedman & L.P. 572 Fifth Avenue Associates, Secured Party: Bernard Friedman, Assignee: Show Details
    • On 1991-07-03 a mortgage on this property was transferred from North Side Savings Bank to 572 Fifth Ave Corp. Show Details
    • Declaration (Other Documents) was filed on 1988-09-20. Parties: Zenith Properties Ltd Show Details
    • 572 Fifth Ave Hld Corp leased this property from Zenith Properties Ltd on 1988-02-03 Show Details
    • Mortgage Agreement for $0.00 dated 1987-09-02 between North Side Savings Bk and Preferred Entity Etal & 572 Fifth Hld Corp Show Details
    • On 1987-09-02 a mortgage on this property was transferred from Preferred Entity Etal to North Side Savings Bank. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1987-02-03. Parties: Preferred Entity Etc, North Side Savings Bank Show Details
    • On 1986-12-23 a mortgage on this property was transferred from American Savings Bank to North Side Savings Bank. Show Details
    • Preferred Entity Etal took a mortgage for $1,601,729.29 from North Side Svgs Bank on 1986-12-23. Show Details
    • Release dated 1986-12-23 between Fsb American Savngs Bank and North Side Savings Bank Show Details
    • Zenith Properties Ltd sold this property to Preferred Entity Etal for $0.00 on 1986-12-05. Show Details
    • Preferred Entity Etal sold this property to Zenith Properties Ltd for $0.00 on 1986-12-05. Show Details
    • On 1986-02-27 a mortgage on this property was transferred from Librairie Larousse Canad to Watford Properties Ltd. Show Details
    • Mortgage Agreement for $0.00 dated 1981-03-24 between Ltd Zennith Properties and Franklin Savings Bank Ny Show Details
    • On 1981-02-05 a mortgage on this property was transferred from Ltd Zenith Properties to Franklin Svngs Bnk Of Ny. Show Details
    • Ltd Zennith Properties took a mortgage for $0.00 from Franklin Savings Bnkny on 1981-02-05. Show Details
    • On 1981-02-05 a mortgage on this property was transferred from Greenpoint Savings Bank to Franklin Savings Bnkny. Show Details
    • Guffon Management Co sold this property to Ltd Zenith Properties for $0.00 on 1981-02-05. Show Details
    • Estate A Di Lorenzojr & Sutton Associates, INC sold this property to Co Griffon Management for $0.00 on 1981-02-05. Show Details
    • Mortgage Agreement for $0.00 dated 1980-03-13 between Estate A Di Lorenzojr and Green Point Savingsbank Show Details
    • On 1978-10-26 a mortgage on this property was transferred from Alex Jr Decd Dilorenzo to Samuel Etal Efron & Alex Iii Dilorenzo. Show Details
    • On 1978-03-22 a mortgage on this property was transferred from Alex Dilorenzo Jr Este to Samuel Tr Efron & Arnold Jr Tr Kohn & Albert E Tr Arent. Show Details
    • Alex Dilorenzo Jr Este took a mortgage for $0.00 from Samuel Tr Efron & Albert E Tr Arent & Arnold J Tr Kohn on 1976-05-27. Show Details
    • Sutton Assoc Inc sold this property to Alex Dilorenzo Jr Est for $0.00 on 1976-04-21. Show Details
    • On 1970-02-06 a mortgage on this property was transferred from Inc. Sutton Assoc. to Green Point Sav Bnkinc. Show Details
    • Librarie Larousse Usa leased this property from Inc. Sutton Assoc. on 1970-02-06 Show Details
    • On 1970-02-06 a mortgage on this property was transferred from Aertinte Eireann Teonant to Soldman Sal. Show Details
    • On 1970-02-06 a mortgage on this property was transferred from Goldman Sol to Greenpoint Sav. Bank. Show Details
    • Inc. Sutton Assoc. took a mortgage for $0.00 from Greenpoint Sav. Bank on 1970-02-06. Show Details
    • Chatham Assoc., INC sold this property to Inc. Sutton Assoc. for $0.00 on 1968-09-19. Show Details
    • Inc. Chatham Assoc took a mortgage for $0.00 from Aerlinte Eireann Teoran on 1968-09-19. Show Details
    • Aerlite Ereann Teoranta sold this property to Chatham Assoc Inc for $0.00 on 1968-09-19. Show Details

    Lot

    Address
    572 5th Ave, 10036
    Square Footage
    2,500
    Lot Type
    Inside
    Dimensions
    25.0ft x 100.0ft
    BBL
    1012620038

    Neighborhood

    Neighborhood
    Midtown
    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    18
    Fire Company
    L004
    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
    $1,970,000
    MV Total
    $6,495,000
    AV Land
    $886,500
    AV Total
    $2,922,750

    Floor Area Ratio

    Built FAR
    4.79

    Residential
    Zoned FAR 10.0
    Max 25,000.0 sq. ft.
    Remaining 13,030.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 37,500.0 sq. ft.
    Remaining 25,530.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 37,500.0 sq. ft.
    Remaining 25,530.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Semi-Fireproof
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1940
    Alterations
    N/A
    Floors
    6.0
    Residential Units
    0
    Total Units
    2
    Floor Area
    11970
    Basement
    Full Basement Below Grade
    Proximity
    Attached

    Crime

    This property is located in the Midtown North Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the Midtown North Precinct saw 3618 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

    High
    In 2015 the Midtown North Precinct saw 603 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