611 5th Ave #A
Midtown
New York, NY, 10022

Built in 1923 this 1,042,944 sq.ft. building is 64% Retail, 36% Office Space and contains 0 residential units and 2 non-residential units.

This property is currently Off Market.

    Transit

    • 5th Av-53rd St Route ERoute M 4 Minute walk, 0.2 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute MRoute 7 5 Minute walk, 0.2 Miles
    • 51st St Route ERoute MRoute 6 6 Minute walk, 0.3 Miles
    • 49th St Route NRoute QRoute R 7 Minute walk, 0.4 Miles
    • 50th St Route 1 8 Minute walk, 0.4 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 10 Minute walk, 0.5 Miles
    • 50th St Route CRoute E 11 Minute walk, 0.5 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 13 Minute walk, 0.7 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 14 Minute walk, 0.7 Miles

    Schools

    • Elementary School

      • Warning: This property is located near the boundary of it's school zone.
      • 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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    • Assignment Of Lease (Other Documents) was filed on 2015-09-16. Parties: N.A. Onewest Bank, Cit Bank N.A. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2015-04-01. Parties: Saks Flagship Real Property LLC, Goldman Sachs Mortgage Company & The Bank Of Nova Scotia & N.A. Bank Of America & Morgan Stanley Mortgage Capital Holdings LLC, Deutsche Bank Trust Company Americas Show Details
    • On 2015-02-11 a mortgage on this property was transferred from Morgan Stanley Mortgage Capital Holdings LLC & The Bank Of Nova Scotia & N.A. Bank Of America & Goldman Sachs Mortgage Company to Deutsche Bank Trust Company Americas. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2015-04-01. Parties: Saks Flagship Real Property LLC, N.A. Morgan Stanley Bank, Morgan Stanley Mortgage Capital Holdings LLC Show Details
    • On 2015-02-11 a mortgage on this property was transferred from The Bank Of Nova Scotia & N.A. Morgan Stanley Bank & N.A. Bank Of America & Goldman Sachs Mortgage Company to Goldman Sachs Mortgage Company & The Bank Of Nova Scotia & N.A. Bank Of America & Morgan Stanley Mortgage Capital Holdings LLC. Show Details
    • Initial UCC1 dated 2014-12-16, Debtor: Saks Flagship Real Property LLC, Secured Party: The Bank Of Nova Scotia & N.A. Morgan Stanley Bank & N.A. Bank Of America & Goldman Sachs Mortgage Company, Assignee: Show Details
    • Saks Flagship Real Property LLC took a mortgage for $1,250,000,000.00 from The Bank Of Nova Scotia & N.A. Morgan Stanley Bank & N.A. Bank Of America & Goldman Sachs Mortgage Company on 2014-12-03. Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2014-12-16. Parties: Saks Flagship Real Property LLC, 12 East 49Th Street LLC Show Details
    • 12 East 49Th Street LLC sold this property to Saks Flagship Real Property LLC for $2,100,000,000.00 on 2014-12-03. Show Details
    • New York City Saks, LLC & Saks & Company sold this property to 12 East 49Th Street, LLC for $0.00 on 2013-11-04. Show Details
    • Saks Incorporated sold this property to Lt Acquisition 2 Inc. for $876,780,000.00 on 2013-11-04. Show Details
    • Amended Condo Declaration (Other Documents) was filed on 2009-01-29. Parties: 10 East 50Th Street Building Company L.L.C. & New York City Saks, LLC & L.L.C. Sb Tower Remainderman Show Details
    • Mortgage Agreement for $0.00 dated 2007-04-25 between National Association Wachovia Bank & Fifth Avenue Building Company, LLC and Capgemini Us, LLC Show Details
    • Mortgage Agreement for $0.00 dated 2007-04-25 between 10 East 50Th Street Building Company L.L.C. and Capgemini Us, LLC Show Details
    • Mortgage Agreement for $0.00 dated 2005-11-17 between 10 East 50Th Street Building Company, LLC and Merrill Lynch, Pierce, Fenner & Smith Incorporated Show Details
    • Saks & Company sold this property to Llc New York City Saks for $0.00 on 2000-01-29. Show Details
    • Declaration (Other Documents) was filed on 1997-10-21. Parties: Inc. Fifth Win & Saks & Company Show Details
    • Banco Bamerindus Dobrasil Sociedade Anonima leased this property from Swiss Bank Corporation on 1995-10-16 Show Details
    • Mortgage Agreement for $0.00 dated 1996-03-28 between Swiss Bank Corporation and Clifford Chance Show Details
    • Banco Bamerindus Dobrasil Sociedade Anonima leased this property from Clifford Chance on 1995-10-16 Show Details
    • Clifford Chance leased this property from Swiss Bank Corporation on 1995-10-16 Show Details
    • Declaration (Other Documents) was filed on 1996-02-26. Parties: Inc. Fifth Win Show Details
    • Mortgage Agreement for $0.00 dated 1995-10-12 between Inc. Fifth Win and Marine Midland Banktrustee Show Details
    • Mortgage Agreement for $0.00 dated 1995-10-12 between Inc. Fifth Win and Marine Midland Banktrustee Show Details
    • Mortgage Agreement for $0.00 dated 1995-10-12 between Inc. Fifth Win and Marine Midland Banktrustee Show Details
    • Mortgage Agreement for $0.00 dated 1995-10-12 between Inc. Fifth Win and Marine Midland Banktrustee Show Details
    • Maps filed 1995-06-02 Show Details
    • Declaration (Other Documents) was filed on 1995-06-02. Parties: Inc. Fifth Win Show Details

    Lot

    Address
    611 5th Ave #A, 10022
    Square Footage
    59,629
    Lot Type
    Corner
    Dimensions
    200.83ft x 300.0ft
    BBL
    1012857501
    Condo Number
    910

    Neighborhood

    Neighborhood
    Midtown
    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    18
    Fire Company
    L004
    School District
    2
    Census Tract
    102

    Zoning

    Zoning District
    C5-3
    Commercial Overlay
    N/A
    Split Zoning
    Yes
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    SAKS FIFTH AVENUE

    Assessment

    Tax Class
    4
    MV Land
    $84,382,353
    MV Total
    $176,052,000
    AV Land
    $37,972,059
    AV Total
    $79,223,400

    Floor Area Ratio

    Built FAR
    17.49

    Residential
    Zoned FAR 10.0
    Max 596,290.0 sq. ft.
    Remaining -446,654.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 894,435.0 sq. ft.
    Remaining -148,509.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 894,435.0 sq. ft.
    Remaining -148,509.0 sq. ft.

    Building

    Condo Number
    910
    Category
    Condominiums
    Class
    Retail Space
    Land Use
    Commercial & Office Buildings
    Buildings
    2
    Year Built
    1923
    Alterations
    N/A
    Floors
    36.0
    Residential Units
    0
    Total Units
    2
    Floor Area
    1042944
    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