574 5th Ave
Midtown
New York, NY, 10036

Built in 1940 this 12,960 sq.ft. building is 84% Office Space, 16% 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, 0.3 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 easement was granted on 2015-12-28. Show Details
    • A Miscellaneous legal document filed on 2016-03-16. Show Details
    • A Miscellaneous legal document filed on 2016-03-16. Show Details
    • Certificate (Other Documents) was filed on 2016-03-16. Show Details
    • Mortgage Correction filed 2016-01-29 Show Details
    • Initial UCC1 dated 2015-12-29, Secured Party: United Overseas Bank Limited, New York Agency, Show Details
    • Initial UCC1 dated 2015-12-29, Secured Party: United Overseas Bank Limited, New York Agency, Show Details
    • An Assignment of Leases and Rents was filed on 2015-12-03 Show Details
    • A $85,000,000.00 mortgage was taken from New York Agency United Overseas Bank Limited on 2015-12-03. Show Details
    • A $65,000,000.00 mortgage was taken from New York Agency United Overseas Bank Limited on 2015-12-03. Show Details
    • A mortgage agreement for $0.00 was filed on 2015-12-03 Show Details
    • This property was sold for $125,400,000.00 on 2015-12-03. Show Details
    • This property was sold for $0.00 on 2015-08-04. Show Details
    • Termination Of Lease Or Memo (Other Documents) was filed on 2015-08-25. Show Details
    • Zoning Lot Description (Other Documents) was filed on 2015-07-10. Show Details
    • Certificate (Other Documents) was filed on 2015-07-10. Show Details
    • A mortgage with 1841-1843 Ocean Parkway LLC & 574 Fifth Avenue Partners, LLC was satisfied on 2013-11-21. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2013-12-19. Show Details
    • This property was sold for $0.00 on 2013-11-21. Show Details
    • Development Rights (Deeds And Other Conveyances) was filed on 2013-12-19. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2013-12-19. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2013-12-19. Show Details
    • Certificate (Other Documents) was filed on 2013-12-19. Show Details
    • This property was sold for $43,811,424.00 on 2013-11-21. Show Details
    • This property was sold for $3,300,000.00 on 2012-12-27. Show Details
    • A mortgage agreement for $0.00 was filed on 2012-12-26 Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2013-02-05. Show Details
    • A mortgage with National Association Capital One was satisfied on 2012-12-26. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2013-02-05. Show Details
    • On 2012-08-28 a mortgage on this property was transferred from National Association Capital One to Madison/Fifth Associates LLC. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2013-02-05. Show Details
    • An Assignment of Leases and Rents was filed on 2012-12-26 Show Details
    • A $15,000,000.00 mortgage was taken from 574 Fifth Avenue Partners LLC & 1841-1843 Ocean Parkway, LLC on 2012-12-26. Show Details
    • This property was sold for $30,000,000.00 on 2012-12-26. Show Details
    • UCC3 Termination dated 2013-01-10, Secured Party: National Association Capital One, Assignee: Show Details
    • Assignment Of Lease (Other Documents) was filed on 2012-11-02. Show Details
    • Assignment Of Lease (Other Documents) was filed on 2012-10-09. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2007-11-19. Show Details
    • This property was sold for $3,605,875.00 on 2005-05-26. Show Details
    • An Assignment of Leases and Rents was filed on 2003-03-13 Show Details
    • A $5,000,000.00 mortgage was taken from Northfork Bank on 2002-03-13. Show Details
    • Assignment Of Lease (Other Documents) was filed on 2003-04-28. Show Details
    • Initial UCC1 dated 2003-04-01, Secured Party: North Fork Bank Show Details
    • A mortgage with Usa National Westminsterbank was satisfied on 2001-07-18. Show Details
    • This property was sold for $0.00 on 2001-06-21. Show Details
    • On 2001-06-21 a mortgage on this property was transferred from Chock Full O'Nuts Corporation to Stahl Midtown Properties LLC. Show Details
    • A Miscellaneous legal document filed on 2001-07-18. Show Details
    • Withheld Satisfaction (Mortgages & Instruments) was filed on 2000-03-13. Show Details
    • A Miscellaneous legal document filed on 2000-03-13. Show Details
    • UCC3 Termination dated 2000-03-07, Secured Party: N.A. Fleet Bank, Assignee: Show Details
    • UCC3 Termination dated 2000-03-07, Secured Party: N.A. Fleet Bank, Assignee: Show Details
    • Initial UCC1 dated 1999-03-02, Secured Party: N.A. Fleet Bank Show Details
    • UCC3 Amendment dated 1998-08-07, Secured Party: N.A. Fleet Bank Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1997-11-07. Show Details
    • UCC3 Release / UCC Amendment dated 1993-12-08, Secured Party: As Agent National Westminsterbank Usa, Assignee: Show Details
    • On 1993-03-29 a mortgage on this property was transferred from National Westminsterbk to National Westminsterbk. Show Details
    • On 1993-02-25 a mortgage on this property was transferred from National Westminterbk to National Westminsterbk. Show Details
    • A mortgage agreement for $0.00 was filed on 1992-12-16 Show Details
    • On 1992-12-16 a mortgage on this property was transferred from Cock Full O'Nuts Corp to National Wstmnstr Bkusa. Show Details
    • Initial UCC1 dated 1992-12-09, Secured Party: As Agent National Westminsterbank Usa Show Details
    • A $3,165,000.00 mortgage was taken from National Westminstrbank on 1986-04-17. Show Details
    • On 1984-12-26 a mortgage on this property was transferred from Chock Full O'Nuts Corp. to National Westmstr Bkusa. Show Details
    • On 1984-12-26 a mortgage on this property was transferred from Chock Full O'Nuts Corp. to National Westmstr Bkusa. Show Details
    • A $2,350,000.00 mortgage was taken from National Westmstr Bkusa on 1984-12-26. Show Details
    • On 1974-02-05 a mortgage on this property was transferred from William Black to 574 5Th Corp. Show Details

    Lot

    Address
    574 5th Ave, 10036
    Square Footage
    2,500
    Lot Type
    Inside
    Dimensions
    25.0ft x 100.0ft
    BBL
    1012620039

    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
    $3,330,000
    MV Total
    $4,835,000
    AV Land
    $1,498,500
    AV Total
    $2,175,750

    Floor Area Ratio

    Built FAR
    5.18

    Residential
    Zoned FAR 10.0
    Max 25,000.0 sq. ft.
    Remaining 12,040.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 37,500.0 sq. ft.
    Remaining 24,540.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 37,500.0 sq. ft.
    Remaining 24,540.0 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
    12960
    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