611 5th Ave #B
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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    • UCC3 Termination dated 2015-01-09, Secured Party: As Trustee U.S. Bank National Association & As Trustee Lasalle Bank National Association & Bank Of America, N.A., As Trustee & Registered Holders Of Lb-Ubs Commercial Mortgage, Assignee: Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2015-01-09. Show Details
    • UCC3 Termination dated 2014-12-17, Secured Party: Wachovia Bank, Na, As Master Servicer On Behalf Of, Assignee: Show Details
    • This property was sold for $10.00 on 2014-11-18. Show Details
    • A mortgage agreement for $0.00 was filed on 2014-09-19 Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2013-08-01. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2010-01-26. Show Details
    • This property was sold for $48,016,000.00 on 2009-01-01. Show Details
    • Initial UCC1 dated 2009-01-29, Secured Party: Principal Life Insurance Company Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2009-01-29. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2009-01-29. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2009-01-29. Show Details
    • A mortgage agreement for $40,000,000.00 was filed on 2009-01-12 Show Details
    • UCC3 Termination dated 2009-01-29, Secured Party: Lasalle Bank National Association, Assignee: Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2009-01-29. Show Details
    • On 2009-01-12 a mortgage on this property was transferred from National Association Bank Of America to Principal Life Insurance Company. Show Details
    • Amended Condo Declaration (Other Documents) was filed on 2009-01-29. Show Details
    • On 2007-10-30 a mortgage on this property was transferred from Lehman Brothers Holdings Inc. to Lasalle Bank National Association. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2007-11-28. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2007-11-08. Show Details
    • A mortgage agreement for $0.00 was filed on 2007-04-25 Show Details
    • A mortgage agreement for $0.00 was filed on 2007-04-25 Show Details
    • A mortgage agreement for $0.00 was filed on 2005-11-17 Show Details
    • Initial UCC1 dated 2005-11-03, Secured Party: Lasalle Bank National Association Show Details
    • An Assignment of Leases and Rents was filed on 2005-06-10 Show Details
    • A mortgage agreement for $95,000,000.00 was filed on 2005-06-10 Show Details
    • A mortgage agreement for $0.00 was filed on 2005-04-06 Show Details
    • A mortgage agreement for $0.00 was filed on 2005-04-06 Show Details
    • Initial UCC1 dated 2005-06-23, Secured Party: Lehman Brothers Holdings Inc. Show Details
    • On 2002-10-03 a mortgage on this property was transferred from Sb Tower Remainderman LLC & L.L.C. 10 East 50Th Streetbuilding Company to Lasalle Bank. Show Details
    • Withheld Satisfaction (Mortgages & Instruments) was filed on 2002-10-03. Show Details
    • Withheld Satisfaction (Mortgages & Instruments) was filed on 2002-10-03. Show Details
    • Withheld Satisfaction (Mortgages & Instruments) was filed on 2002-10-03. Show Details
    • Withheld Satisfaction (Mortgages & Instruments) was filed on 2002-10-03. Show Details
    • On 2002-10-03 a mortgage on this property was transferred from Fifth Avenue Building Company LLC to Lehman Brothers Holdings Inc.. Show Details
    • On 2002-10-03 a mortgage on this property was transferred from Fifth Avenue Building Company LLC to Lehman Brothers Holdings Inc.. Show Details
    • A mortgage agreement for $0.00 was filed on 2002-10-03 Show Details
    • This property was leased on 2002-04-30 Show Details
    • On 2002-10-03 a mortgage on this property was transferred from Ny Branch Ubs Ag to Fifth Avenue Building Company, LLC. Show Details
    • A $5,000,000.00 mortgage was taken from Lehman Brothers Holdings Inc. on 2002-10-03. Show Details
    • On 2002-10-03 a mortgage on this property was transferred from L.L.C. Sb Tower Remainderman & L.L.C 10 East 50Th Streetbuilding to Lasalle Bank National Association. Show Details
    • A $12,350,000.00 mortgage was taken from Lehman Brothers Holdings Inc. on 2002-10-03. Show Details
    • A $90,650,000.00 mortgage was taken from Lehman Brothers Holdings Inc. on 2002-10-03. Show Details
    • A Miscellaneous legal document filed on 2002-10-03. Show Details
    • Withheld Satisfaction (Mortgages & Instruments) was filed on 2002-10-03. Show Details
    • On 2002-10-03 a mortgage on this property was transferred from Fifth Avenue Building Company, LLC to Lehman Brothers Holdings Inc.. Show Details
    • Withheld Satisfaction (Mortgages & Instruments) was filed on 2002-10-03. Show Details
    • Initial UCC1 dated 2002-05-28, Secured Party: Lehman Brothers Holdings Inc. Show Details
    • Initial UCC1 dated 2002-05-17, Secured Party: Lehman Brothers Holdings Inc. Show Details
    • Initial UCC1 dated 2002-05-07, Secured Party: Lehman Brothers Holdings Inc. Show Details
    • On 2000-04-26 a mortgage on this property was transferred from Nomura Asset Capitalcorporation to Lasalle National Bank. Show Details
    • On 2000-04-26 a mortgage on this property was transferred from Nomura Asset Capitalcorporation to Lasalle National Bank. Show Details
    • This property was sold for $0.00 on 1997-11-26. Show Details
    • On 1998-08-07 a mortgage on this property was transferred from L.L.C. Sb Tower Remainderman & Inc. Sb Towser Operatingcompany to Lasalle National Bank. Show Details
    • A mortgage agreement for $0.00 was filed on 1998-08-07 Show Details
    • A mortgage agreement for $0.00 was filed on 1997-11-26 Show Details
    • On 1998-08-07 a mortgage on this property was transferred from Nomura Asset Capitalcorporation to Lasalle National Bank. Show Details
    • On 1998-08-07 a mortgage on this property was transferred from Nomura Asset Capitalcorporation to Lasalle National Bank. Show Details
    • A mortgage agreement for $0.00 was filed on 1998-08-07 Show Details
    • This property was sold for $0.00 on 1997-11-26. Show Details
    • A mortgage agreement for $0.00 was filed on 1998-08-07 Show Details
    • Initial UCC1 dated 1997-12-11, Secured Party: As Trustee Lasalle National Bank Show Details
    • Initial UCC1 dated 1997-12-11, Secured Party: As Trustee Lasalle National Bank Show Details
    • A $45,000,000.00 mortgage was taken from Nomura Asset Capitalcorporation on 1997-10-21. Show Details
    • Declaration (Other Documents) was filed on 1997-10-21. Show Details
    • This property was leased on 1997-05-22 Show Details
    • This property was leased on 1996-02-06 Show Details
    • This property was leased on 1997-10-21 Show Details
    • This property was sold for $0.00 on 1997-10-01. Show Details
    • This property was sold for $0.00 on 1997-08-18. Show Details
    • On 1997-10-21 a mortgage on this property was transferred from Inc. Sb Tower Operating Company to Nomura Asset Capitalcorporation. Show Details
    • Initial UCC1 dated 1997-10-16, Secured Party: Nomura Asset Capitalcorporation Show Details
    • A $10.00 mortgage was taken from 52688 Corporation on 1997-08-18. Show Details
    • This property was leased on 1995-10-16 Show Details
    • A mortgage agreement for $0.00 was filed on 1996-03-28 Show Details
    • This property was leased on 1995-10-16 Show Details
    • This property was leased on 1995-10-16 Show Details
    • Declaration (Other Documents) was filed on 1996-02-26. Show Details
    • A mortgage agreement for $0.00 was filed on 1995-10-12 Show Details
    • Release dated 1995-10-12. Show Details
    • A mortgage agreement for $0.00 was filed on 1995-10-12 Show Details
    • A Miscellaneous legal document filed on 1995-10-12. Show Details
    • This property was sold for $0.00 on 1995-06-16. Show Details
    • Maps filed 1995-06-02 Show Details
    • Declaration (Other Documents) was filed on 1995-06-02. Show Details

    Lot

    Address
    611 5th Ave #B, 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
    $66,617,647
    MV Total
    $157,403,000
    AV Land
    $29,977,941
    AV Total
    $70,831,350

    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
    Office 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