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 filed on 2016-04-07 Show Details
    • A $2,800,000.00 mortgage was taken from Signature Bank on 2016-04-07. Show Details
    • An Assignment of Leases and Rents was filed on 2014-06-26 Show Details
    • A $2,550,000.00 mortgage was taken from Signature Bank on 2014-06-26. Show Details
    • An Assignment of Leases and Rents was filed on 2012-08-21 Show Details
    • A $1,806,797.78 mortgage was taken from Signature Bank on 2012-08-21. Show Details
    • UCC3 Termination dated 2009-07-30, Secured Party: N.A. Capital One, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2009-07-30. Show Details
    • Initial UCC1 dated 2009-07-30, Secured Party: Signature Bank Show Details
    • An Assignment of Leases and Rents was filed on 2009-07-15 Show Details
    • A mortgage agreement for $6,000,000.00 was filed on 2009-07-15 Show Details
    • A $1,880,302.53 mortgage was taken 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, Secured Party: North Fork Bank Show Details
    • UCC3 Termination dated 2005-07-22, 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. Show Details
    • An Assignment of Leases and Rents was filed on 2005-05-11 Show Details
    • A mortgage agreement for $4,500,000.00 was filed on 2005-05-11 Show Details
    • A $2,444,000.00 mortgage was taken 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
    • A $790,000.00 mortgage was taken from Israel Discount Bankof New York on 2002-03-25. Show Details
    • A Miscellaneous legal document filed on 2002-03-25. 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
    • A mortgage agreement for $0.00 was filed on 2002-03-25 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, Secured Party: Commercial Bank Of New York, Assignee: Show Details
    • Initial UCC1 dated 2002-03-20, Secured Party: Israel Discount Bankof New York 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
    • A $901,704.77 mortgage was taken 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. Show Details
    • UCC3 Termination dated 1999-09-24, Secured Party: N.A. Eastbank, Assignee: Show Details
    • Initial UCC1 dated 1999-09-20, Secured Party: Commercial Bank Of New York Show Details
    • A mortgage agreement for $0.00 was filed on 1998-07-21 Show Details
    • Initial UCC1 dated 1998-05-28, Secured Party: N.A. Eastbank Show Details
    • UCC3 Termination dated 1994-04-11, Secured Party: Commercial Bank Of New York, Assignee: Show Details
    • Initial UCC1 dated 1994-04-11, Secured Party: N.A. Eastbank Show Details
    • A mortgage agreement for $0.00 was filed on 1994-04-06 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. Show Details
    • Initial UCC1 dated 1994-03-01, Secured Party: Commercial Bank Of New York 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
    • A mortgage agreement for $0.00 was filed on 1993-12-23 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. Show Details
    • A Miscellaneous legal document filed on 1993-01-13. Show Details
    • A Miscellaneous legal document filed on 1992-12-07. Show Details
    • This property was leased 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
    • A mortgage agreement for $0.00 was filed on 1992-12-07 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
    • This property was sold for $0.00 on 1992-11-24. Show Details
    • Initial UCC1 dated 1992-12-04, Secured Party: Sterling National Bank & Trust Company Of New York Show Details
    • Initial UCC1 dated 1992-12-04, Secured Party: Bernard Friedman 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. Show Details
    • This property was leased on 1988-02-03 Show Details
    • A mortgage agreement for $0.00 was filed on 1987-09-02 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. Show Details
    • On 1986-12-23 a mortgage on this property was transferred from American Savings Bank to North Side Savings Bank. Show Details
    • A $1,601,729.29 mortgage was taken from North Side Svgs Bank on 1986-12-23. Show Details
    • Release dated 1986-12-23. Show Details
    • This property was sold for $0.00 on 1986-12-05. Show Details
    • This property was sold 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
    • A mortgage agreement for $0.00 was filed on 1981-03-24 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
    • A $0.00 mortgage was taken 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
    • This property was sold for $0.00 on 1981-02-05. Show Details
    • This property was sold for $0.00 on 1981-02-05. Show Details
    • A mortgage agreement for $0.00 was filed on 1980-03-13 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
    • A $0.00 mortgage was taken from Samuel Tr Efron & Albert E Tr Arent & Arnold J Tr Kohn on 1976-05-27. Show Details
    • This property was sold 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
    • This property was leased 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
    • A $0.00 mortgage was taken from Greenpoint Sav. Bank on 1970-02-06. Show Details
    • This property was sold for $0.00 on 1968-09-19. Show Details
    • A $0.00 mortgage was taken from Aerlinte Eireann Teoran on 1968-09-19. Show Details
    • This property was sold 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