589 5th Ave
Midtown
New York, NY, 10017

Built in 1954 this 156,319 sq.ft. building is 64% Office Space, 36% 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
    • 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
    • 51st St Route ERoute MRoute 6 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
    • 50th St Route CRoute E 12 Minute walk, 0.6 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 13 Minute walk, 0.7 Miles

    Schools

    • Elementary School

      • P.S. 059 Beekman Hill International
        • Grades: 0K,01,02,03,04,05,SE
        • Principal: Adele Schroeter
        • Phone: 212-888-7870
        • Address: 231-249 East 56 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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    • Mortgage Agreement for $0.00 dated 2013-05-31 between Fifth Avenue Retail LLC & H&M Hennes & Mauritz L.P. & Jewelry Space On Fifth LLC and National Association Jpmorgan Chase Bank Show Details
    • Mortgage Agreement for $0.00 dated 2014-02-05 between Nyc Department Of Transportation and 589 Fifth Tic Ii LLC Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2013-09-25. Parties: Fifth Avenue Retail LLC & Jewelry Space On Fifth LLC, National Association Jpmorgan Chase Bank, Wells Fargo Bank, National Association, As Trustee Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2013-09-25. Parties: 589 Fifth Tic Ii LLC & 589 Fifth Tic I LLC, National Association Jpmorgan Chase Bank, Wells Fargo Bank, National Association, As Trustee Show Details
    • On 2013-08-28 a mortgage on this property was transferred from National Association Jpmorgan Chase Bank to Wells Fargo Bank, National Association, As Trustee. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2013-06-24. Parties: Fifth Avenue Retail LLC & H&M Hennes & Mauritz L.P. & Jewelry Space On Fifth LLC, National Association Jpmorgan Chase Bank Show Details
    • Initial UCC1 dated 2013-06-24, Debtor: Fifth Avenue Retail LLC & Jewelry Space On Fifth LLC, Secured Party: National Association Jpmorgan Chase Bank, Assignee: Show Details
    • Initial UCC1 dated 2013-06-24, Debtor: 589 Fifth Tic Ii LLC & 589 Fifth Tic I LLC, Secured Party: National Association Jpmorgan Chase Bank, Assignee: Show Details
    • Mortgage Agreement for $175,000,000.00 dated 2013-05-31 between 589 Fifth Tic Ii LLC & 589 Fifth Tic I LLC & Fifth Avenue Retail LLC & Jewelry Space On Fifth LLC and National Association Jpmorgan Chase Bank Show Details
    • 589 Fifth Tic Ii LLC & 589 Fifth Tic I LLC & Fifth Avenue Retail LLC & Jewelry Space On Fifth LLC took a mortgage for $101,500,000.00 from National Association Jpmorgan Chase Bank on 2013-05-31. Show Details
    • On 2013-05-31 a mortgage on this property was transferred from Inc. Mortgage Electronic Registration Systems to National Association Jpmorgan Chase Bank. Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2013-06-24. Parties: 589 Fifth Tic Ii LLC & 589 Fifth Tic I LLC, Jewelry Space On Fifth LLC Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2013-06-24. Parties: 589 Fifth Tic Ii LLC & 589 Fifth Tic I LLC, Fifth Avenue Retail LLC Show Details
    • UCC3 Termination dated 2013-06-12, Debtor: Jewelry Space On Fifth LLC, Secured Party: Inc. Mortgage Electronic Registration Systems, Assignee: Show Details
    • UCC3 Termination dated 2013-06-12, Debtor: Fifth Avenue Retail LLC, Secured Party: Inc. Mortgage Electronic Registration Systems, Assignee: Show Details
    • UCC3 Termination dated 2013-06-12, Debtor: 589 Fifth Tic Ii LLC, Secured Party: Inc. Mortgage Electronic Registration Systems, Assignee: Show Details
    • UCC3 Termination dated 2013-06-12, Debtor: 589 Fifth Tic I LLC, Secured Party: Inc. Mortgage Electronic Registration Systems, Assignee: Show Details
    • A Miscellaneous legal document filed on 2012-10-31. Parties: 589 Fifth Tic Ii LLC & 589 Fifth Tic I LLC & H&M Hennes & Mauritz Lp & Fifth Avenue Retail LLC & Jewelry Space On Fifth LLC Show Details
    • A Miscellaneous legal document filed on 2012-10-31. Parties: 589 Fifth Tic Ii LLC & 589 Fifth Tic I LLC & H&M Hennes & Mauritz Lp & Fifth Avenue Retail LLC & Jewelry Space On Fifth LLC Show Details
    • Mortgage Agreement for $0.00 dated 2012-08-09 between H & M Hennes & Mauritz L.P. and Wells Fargo Bank N.A. & Jewelry Space On Fifth, LLC & Fifth Avenue Retail LLC Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2010-07-07. Parties: 589 Fifth Tic I LLC, Mortgage Electronic Registrations Systems Inc Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2010-07-07. Parties: Fifth Avenue Retail LLC, Mortgage Electronic Registration Systems Inc Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2010-07-07. Parties: Jewelry Space On Fifth LLC, Mortgage Electronic Registration Systems Inc Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2010-07-07. Parties: 589 Fifth Tic Ii LLC, Mortgage Electronic Registration Systems Inc Show Details
    • L.P. 589 Associates sold this property to 589 Fifth Tic Ii LLC & 589 Fifth Tic I LLC for $0.00 on 2005-04-15. Show Details
    • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2005-08-16. Parties: 589 Fifth Tic Ii LLC & 589 Fifth Tic LLC & Jewelry Space On Fifth Avenue LLC, Mers Show Details
    • Mortgage Agreement for $0.00 dated 2005-04-15 between 589 Fifth Tic Ii LLC & 589 Fifth Tic LLC & International Gemmological Institute Inc & Jewelry Space On Fifth Avenue LLC and Bank Of America N.A. Show Details
    • Mortgage Agreement for $0.00 dated 2005-04-15 between Washington Mutual Bank and Bank Of America N.A. Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2005-08-16. Parties: 589 Fifth Avenue Tic Ii LLC & 589 Fifth Avenue Tic I LLC, Fifth Avenue Retail LLC Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2005-08-16. Parties: 589 Fifth Tic Ii LLC & 589 Fifth Tic I LLC, Jewelry Space On Fifth LLC Show Details
    • Mortgage Agreement for $0.00 dated 2005-04-15 between 589 Fifth Tic I LLC and 589 Fifth Tic Ii LLC Show Details
    • Initial UCC1 dated 2005-08-16, Debtor: Jewelry Space On Fifth LLC, Secured Party: Mers, Assignee: Show Details
    • Initial UCC1 dated 2005-08-16, Debtor: Fifth Avenue Retail LLC, Secured Party: Mers, Assignee: Show Details
    • Initial UCC1 dated 2005-08-16, Debtor: 589 Fifth Tic Ii LLC, Secured Party: Mers, Assignee: Show Details
    • Initial UCC1 dated 2005-08-16, Debtor: 589 Fifth Tic I LLC, Secured Party: Mers, Assignee: Show Details
    • On 2005-04-11 a mortgage on this property was transferred from Westdeutsche Immobilien Bank to Mers. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2005-08-16. Parties: Westdeutsche Immobilien Bank Show Details
    • UCC3 Termination dated 2005-08-16, Debtor: 589 Associates Lp, Secured Party: Westdeutsche Immobilien Bank, Assignee: Show Details
    • L.P. Jamestown 16 sold this property to 589 Fifth Tic Ii LLC for $0.00 on 2005-04-15. Show Details
    • Initial Coop UCC1 dated 2004-01-21, Debtor: 589 Associates Lp, Secured Party: Westdeutsche Immobilien Bank, Assignee: Show Details
    • UCC3 Termination dated 1996-10-25, Debtor: 589 Associates, Secured Party: Barclays Bank Plc, Assignee: Show Details
    • UCC3 Termination dated 1996-10-25, Debtor: 589 Associates, Secured Party: Barclays Bank Plc, Assignee: Show Details
    • On 1996-10-18 a mortgage on this property was transferred from L.P. 589 Associates to Westdeutsche Immobilienbank. Show Details
    • On 1996-10-18 a mortgage on this property was transferred from L.P. 589 Associates to Westdeutsche Immobilienbank. Show Details
    • Initial UCC1 dated 1996-10-17, Debtor: L.P. 589 Associates, Secured Party: Westdeutsche Immobilienbank, Assignee: Show Details
    • On 1996-10-11 a mortgage on this property was transferred from Barclays Bank Plc to Westdeutsche Immobilien Bank. Show Details
    • A Miscellaneous legal document filed on 1996-10-11. Parties: Barclays Bank Plc Show Details
    • On 1994-03-02 a mortgage on this property was transferred from 589 Associates to Barclays Bank Plc. Show Details
    • Philip A. Mactaggart was granted Power of Attorney for Hugh J. Freund on 1994-03-02 Show Details
    • Mortgage Agreement for $0.00 dated 1994-03-02 between 589 Associates and Barclays Bank Plc Show Details
    • 589 Associates took a mortgage for $1,500,000.00 from Barclays Bank Plc on 1993-07-16. Show Details
    • 589 Associates took a mortgage for $600,000.00 from Barclays Bank Plc on 1993-07-16. Show Details
    • 589 Associates took a mortgage for $2,000,000.00 from Barclays Bank on 1992-12-24. Show Details
    • Initial UCC1 dated 1992-03-03, Debtor: 589 Associates, Secured Party: Barclays Bank Plc, Assignee: Show Details
    • Initial UCC1 dated 1992-03-03, Debtor: 589 Associates, Secured Party: Barclays Bank Plc, Assignee: Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1988-11-21. Parties: Millinery Syndicateinc, Chase Manhattan Bk Show Details
    • Mortgage Agreement for $0.00 dated 1988-10-11 between Western Heritable Etal and 589 Associates & Rego Park Gardens Assc Show Details
    • On 1988-10-11 a mortgage on this property was transferred from 589 Associates to Barclays Bank Plc. Show Details
    • 589 Associates took a mortgage for $9,100,000.00 from Barclays Bank Plc on 1988-10-11. Show Details
    • 589 Associates took a mortgage for $25,863,283.02 from Barclays Bank Plc on 1988-10-11. Show Details
    • On 1988-10-11 a mortgage on this property was transferred from Western Heritable Etal to Barclays Bank Plc. Show Details
    • A Miscellaneous legal document filed on 1988-10-11. Parties: 575 Realties Inc Show Details
    • Mortgage Agreement for $0.00 dated 1988-10-11 between Steinberg & Pokoik & Beckrose Estates and 589 Associates Show Details
    • Declaration (Other Documents) was filed on 1988-10-11. Parties: 589 Associates Show Details
    • Declaration (Other Documents) was filed on 1988-10-11. Parties: 589 Associates Show Details
    • On 1988-10-11 a mortgage on this property was transferred from Chase Manhattan Bank to Barclays Bank. Show Details
    • On 1988-10-11 a mortgage on this property was transferred from 575 Realties Inc to Barclay Bank Plc. Show Details
    • Release dated 1988-10-11 between 575 Realties Inc and 589 Associates Show Details
    • Mortgage Agreement for $0.00 dated 1988-10-11 between 575 Realties Inc and 589 Associates Show Details
    • On 1988-10-11 a mortgage on this property was transferred from Beckrose Estates to 589 Associates. Show Details
    • On 1988-10-11 a mortgage on this property was transferred from 579 Equities to 589 Associates. Show Details
    • On 1988-10-11 a mortgage on this property was transferred from Millinery Syndicateinc to 589 Associates. Show Details
    • Millinery Syndicateinc sold this property to 589 Associates for $0.00 on 1988-10-05. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1988-08-19. Parties: 579 Equities, Chase Manhattan Bank, NA Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1988-08-19. Parties: 579 Equities, Na Chase Manhattan Bank Show Details
    • A Miscellaneous legal document filed on 1988-08-15. Parties: 575 Realties Inc Show Details
    • A Miscellaneous legal document filed on 1988-08-15. Parties: 575 Realties Inc Show Details
    • A Miscellaneous legal document filed on 1988-08-15. Parties: Chase Manhattan Bank Show Details
    • A Miscellaneous legal document filed on 1988-08-15. Parties: Chase Manhattan Bankna Show Details
    • Release dated 1988-08-15 between Steinberg & Poloik and 579 Fifth Ave Co Lp Show Details
    • Release dated 1988-08-15 between Beckrose Estates and 579 Fifth Ave Co Lp Show Details
    • On 1988-06-01 a mortgage on this property was transferred from Dime Savings Bk Ny to 575 Realties Inc. Show Details
    • On 1988-06-01 a mortgage on this property was transferred from Dime Savings Bank Ny to 575 Realties Inc. Show Details
    • Certificate (Other Documents) was filed on 1987-08-10. Parties: Dime Savings Bk Ny Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1987-07-24. Parties: Millinery Syndicateinc, Chase Manhattan Bank Show Details
    • Mortgage Agreement for $0.00 dated 1987-07-24 between Chase Manhattan Bank and Millinery Syndicateinc Show Details
    • On 1987-07-24 a mortgage on this property was transferred from Dime Savings Bk Of Ny to Chase Manhattan Bank. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1986-03-12. Parties: 579 Equities, Chase Manhattan Bank, NA Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1986-03-12. Parties: 579 Equities, Chase Manhattan Bank, NA Show Details
    • On 1986-03-12 a mortgage on this property was transferred from Dime Savings Bank Ny to Chase Manhattan Bank. Show Details
    • Mortgage Agreement for $0.00 dated 1986-03-12 between Chase Manhattan Bank and 579 Equities Show Details
    • Mortgage Agreement for $0.00 dated 1986-02-11 between Dime Savings Bk Ny and Beckrose Estates Show Details
    • Mortgage Agreement for $0.00 dated 1984-10-26 between Millinery Syndicateinc. and Dime Savings Bank/Ny Show Details
    • Mortgage Agreement for $0.00 dated 1983-06-16 between 579 Equities and Dime Savings Bank/N.Y. Show Details
    • On 1980-10-01 a mortgage on this property was transferred from Na Chase Manhattan Bk to Dime Savings Bnk Ofny. Show Details
    • Mortgage Agreement for $0.00 dated 1980-10-01 between Beckrose Estates and Dime Savings Bnk Ofny Show Details
    • On 1980-10-01 a mortgage on this property was transferred from Beckrose Estates to Dime Savings Bnk Ofny. Show Details
    • On 1978-03-03 a mortgage on this property was transferred from Metropolitan Life Ins to Dime Svngs Bnk. Show Details
    • Mortgage Agreement for $0.00 dated 1978-03-03 between 579 Equities and Dime Svngs Bnk Show Details
    • On 1978-03-03 a mortgage on this property was transferred from Metropolitan Life Ins to Dime Svngs Bnk. Show Details
    • ... and 30 older documents.

    Lot

    Address
    589 5th Ave, 10017
    Square Footage
    11,325
    Lot Type
    Corner
    Dimensions
    70.42ft x 150.0ft
    BBL
    1012830069

    Neighborhood

    Neighborhood
    Midtown
    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    18
    Fire Company
    L004
    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
    $22,300,000
    MV Total
    $61,379,000
    AV Land
    $10,035,000
    AV Total
    $27,620,550

    Floor Area Ratio

    Built FAR
    13.8

    Residential
    Zoned FAR 10.0
    Max 113,250.0 sq. ft.
    Remaining -43,069.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 169,875.0 sq. ft.
    Remaining 13,556.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 169,875.0 sq. ft.
    Remaining 13,556.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Bank Building - Designed Exclusively For Banking
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1954
    Alterations
    N/A
    Floors
    17.0
    Residential Units
    0
    Total Units
    2
    Floor Area
    156319
    Basement
    Full Basement Below Grade
    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