580 5th Ave
Midtown
New York, NY, 10036

Built in 1927 this 373,005 sq.ft. building is 95% Office Space, 5% Retail.

This property is currently Off Market.

    Transit

    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute M 4 Minute walk, 0.2 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute MRoute 7 5 Minute walk, 0.3 Miles
    • 5th Av-53rd St Route ERoute M 6 Minute walk, 0.3 Miles
    • 49th St Route NRoute QRoute R 7 Minute walk, 0.4 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 8 Minute walk, 0.4 Miles
    • 50th St Route 1 10 Minute walk, 0.5 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 11 Minute walk, 0.6 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 12 Minute walk, 0.6 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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    • A mortgage agreement for $0.00 was filed on 2016-07-14 Show Details
    • Initial UCC1 dated 2016-07-20, Secured Party: Principal Life Insurance Company Show Details
    • A mortgage agreement for $125,000,000.00 was filed on 2016-07-14 Show Details
    • A $65,000,000.00 mortgage was taken from Principal Life Insurance Company on 2016-07-14. Show Details
    • On 2016-07-14 a mortgage on this property was transferred from The Prudential Insurance Company Of America to Principal Life Insurance Company. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-07-20. Show Details
    • UCC3 Termination dated 2016-07-20, Secured Party: The Prudential Insurance Company Of America, Assignee: Show Details
    • This property was sold for $725,935.92 on 2015-02-28. Show Details
    • A mortgage agreement for $0.00 was filed on 2015-02-19 Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2011-12-13. Show Details
    • Initial UCC1 dated 2007-05-09, Secured Party: The Prudencia Insurance Company Of America Show Details
    • An Assignment of Leases and Rents was filed on 2007-04-30 Show Details
    • A mortgage agreement for $60,000,000.00 was filed on 2007-04-30 Show Details
    • A $19,185,618.82 mortgage was taken from The Prudencia Insurance Company Of America on 2007-04-30. Show Details
    • On 2007-03-22 a mortgage on this property was transferred from Lasalle National Bank to The Prudencia Insurance Company Of America. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-05-09. Show Details
    • UCC3 Termination dated 2007-05-09, Secured Party: A Ca Corp. Gmac Commercial Mortgage Corporation, Assignee: Show Details
    • UCC3 Termination dated 2006-08-31, Secured Party: The Government Of The Northwest Territories, Assignee: Show Details
    • Initial UCC1 dated 2004-12-13, Secured Party: The Government Of The Northwest Territories Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2002-11-18. Show Details
    • On 1999-03-22 a mortgage on this property was transferred from Gmac Commercial Mortgage Corporation to La Salle National Bank As Trustee. Show Details
    • On 1999-03-22 a mortgage on this property was transferred from Gmac Comemrcial Mortgage Corporation to La Salle National Bank As Trustee. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1998-09-16. Show Details
    • A $2,000,000.00 mortgage was taken from Gmac Commercial Mortgage Corporation on 1998-08-12. Show Details
    • On 1998-08-12 a mortgage on this property was transferred from Forty Seventh Fifthcompany LLC to Gmac Commercial Motrgage Corp.. Show Details
    • UCC3 Termination dated 1998-06-22, Secured Party: Gmac Commercial Mortgage Corporation, Assignee: Show Details
    • Initial UCC1 dated 1998-01-29, Secured Party: A Ca Corp. Gmac Commercial Mortgage Corporation Show Details
    • On 1996-01-19 a mortgage on this property was transferred from Forty-Seventh-Fifthcompany to Gmac Commercial Mortgage Corporation. Show Details
    • On 1996-01-19 a mortgage on this property was transferred from Principal Mutual Life Insurance Company to Gmac Commercial Mortgage Corporation. Show Details
    • A $1,669,091.74 mortgage was taken from Gmac Commercial Mortgage Corporation on 1996-01-19. Show Details
    • Initial UCC1 dated 1996-01-05, Secured Party: Gmac Commercial Mortgage Corporation Show Details
    • This property was leased on 1994-06-17 Show Details
    • A mortgage agreement for $0.00 was filed on 1992-11-27 Show Details
    • On 1992-11-27 a mortgage on this property was transferred from Forty-Seventh-Fifthco to Principal Mutual Etc. Show Details
    • Initial UCC1 dated 1992-11-25, Secured Party: Principal Mutual Life Insurance Company Show Details
    • A mortgage agreement for $0.00 was filed on 1992-01-09 Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1989-05-18. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1986-11-18. Show Details
    • On 1986-11-18 a mortgage on this property was transferred from Forty-Seventh Fifthco to Principal Mutul Lifeetc. Show Details
    • A mortgage agreement for $0.00 was filed on 1986-11-18 Show Details
    • A $20,406,031.72 mortgage was taken from Principal Mtl Lfe Ins Co on 1986-11-18. Show Details
    • On 1986-11-18 a mortgage on this property was transferred from American Savings Bk to Principal Mtl Lfe Ins Co. Show Details
    • This property was leased on 1985-02-07 Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1984-06-01. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1983-09-01. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1983-09-01. Show Details
    • This property was leased on 1983-09-01 Show Details
    • On 1983-09-01 a mortgage on this property was transferred from Chemical Bank to American Savings Bank. Show Details
    • A mortgage agreement for $24,997,134.62 was filed on 1983-09-01 Show Details
    • A $24,997,134.62 mortgage was taken from American Savings Bank on 1983-09-01. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 1981-09-29. Show Details
    • A mortgage agreement for $0.00 was filed on 1981-09-29 Show Details
    • A mortgage agreement for $0.00 was filed on 1981-09-29 Show Details
    • A $0.00 mortgage was taken from Chemical Bank on 1981-09-29. Show Details
    • This property was sold for $0.00 on 1981-09-29. Show Details
    • This property was leased on 1978-08-29 Show Details
    • A $0.00 mortgage was taken from Chemical Bank on 1975-08-04. Show Details
    • This property was leased on 1975-08-04 Show Details
    • This property was sold for $0.00 on 1975-08-04. Show Details
    • A mortgage agreement for $0.00 was filed on 1968-07-03 Show Details
    • A mortgage agreement for $0.00 was filed on 1968-07-03 Show Details
    • A mortgage agreement for $0.00 was filed on 1968-07-03 Show Details
    • This property was leased on 1967-05-05 Show Details
    • A Miscellaneous legal document filed on 1967-04-10. Show Details
    • A mortgage agreement for $0.00 was filed on 1967-04-05 Show Details
    • A mortgage agreement for $0.00 was filed on 1967-04-05 Show Details

    Lot

    Address
    580 5th Ave, 10036
    Square Footage
    25,104
    Lot Type
    Corner
    Dimensions
    100.42ft x 250.0ft
    BBL
    1012630034

    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
    Split Zoning
    Yes
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $75,900,000
    MV Total
    $150,645,000
    AV Land
    $34,155,000
    AV Total
    $67,790,250

    Floor Area Ratio

    Built FAR
    14.86

    Residential
    Zoned FAR 10.0
    Max 251,040.0 sq. ft.
    Remaining -121,965.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 376,560.0 sq. ft.
    Remaining 3,555.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 376,560.0 sq. ft.
    Remaining 3,555.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Tower Type
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1927
    Alterations
    N/A
    Floors
    32.0
    Residential Units
    0
    Total Units
    0
    Floor Area
    373005
    Basement
    Unknown
    Proximity
    Unknown

    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