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

    Get a free price estimate for this property to determine how much it should sell for. Start Now

    • UCC3 Termination dated 2015-01-09, Debtor: Fifth Avenue Building Company LLC, 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. Parties: Fifth Avenue Building Company LLC, Commercial Mortgage Pass-Through Certificates & Registered Holders Of Lb-Ubs Commercial Mortgage & As Trustee Lasalle Bank National Association & Bank Of America, N.A., As Trustee, Commercial Mortgage Pass-Through Certificates & 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 Show Details
    • UCC3 Termination dated 2014-12-17, Debtor: Fifth Avenue Building Company LLC, Secured Party: Wachovia Bank, Na, As Master Servicer On Behalf Of, Assignee: Show Details
    • L.L.C. Sb Tower Remainderman sold this property to 10 East 50Th Street Building Company L.L.C. for $10.00 on 2014-11-18. Show Details
    • Mortgage Agreement for $0.00 dated 2014-09-19 between N.A. As Trustee Bank Of America & As Successor U.S. Bank National Association and L.P. Mts Health Partners & Fifth Avenue Building Company, LLC Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2013-08-01. Parties: 10 East 50Th Street Building Company L.L.C., Principal Life Insurance Company Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2010-01-26. Parties: Fifth Avenue Building Company LLC, Wachovia Bank, Na, As Master Servicer On Behalf Of Show Details
    • Merrill Lynch & Co., INC sold this property to Bank Of America Corporation for $48,016,000.00 on 2009-01-01. Show Details
    • Initial UCC1 dated 2009-01-29, Debtor: 10 East 50Th Street Building Company L.L.C., Secured Party: Principal Life Insurance Company, Assignee: Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2009-01-29. Parties: L.L.C. Sb Tower Remainderman & 10 East 50Th Street Building Company, Fifth Avenue Building Company LLC Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2009-01-29. Parties: 10 East 50Th Street Building Company L.L.C., L.L.C. Sb Tower Remainderman Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2009-01-29. Parties: L.L.C. Sb Tower Remainderman, 10 East 50Th Street Building Company L.L.C. Show Details
    • Mortgage Agreement for $40,000,000.00 dated 2009-01-12 between L.L.C. Sb Tower Remainderman & 10 East 50Th Street Building Company L.L.C. and Principal Life Insurance Company Show Details
    • UCC3 Termination dated 2009-01-29, Debtor: 10 East 50Th Street Building Company L.L.C., Secured Party: Lasalle Bank National Association, Assignee: Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2009-01-29. Parties: National Association Bank Of America, Principal Life Insurance Company 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. Parties: L.L.C. Sb Tower Remainderman & New York City Saks, LLC & 10 East 50Th Street Building Company L.L.C. 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. Parties: Lehman Brothers Holdings Inc., Lasalle Bank National Association Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2007-11-08. Parties: Fifth Avenue Building Company LLC, Inc. Lehman Brothers Holdings, Lasalle Bank National Association 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
    • Initial UCC1 dated 2005-11-03, Debtor: 10 East 50Th Street Building Company L.L.C., Secured Party: Lasalle Bank National Association, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Fifth Avenue Building Company LLC by Lehman Brothers Holding Inc. or 2005-06-10 Show Details
    • Mortgage Agreement for $95,000,000.00 dated 2005-06-10 between Fifth Avenue Building Company LLC and Lehman Brothers Holding Inc. Show Details
    • Mortgage Agreement for $0.00 dated 2005-04-06 between Inc. Lehman Brothers Holdings and Ubs Securities, LLC Show Details
    • Mortgage Agreement for $0.00 dated 2005-04-06 between and Show Details
    • Initial UCC1 dated 2005-06-23, Debtor: Fifth Avenue Building Company LLC, Secured Party: Lehman Brothers Holdings Inc., Assignee: 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. Parties: 222 Associates, Bankers Trust Company Show Details
    • Withheld Satisfaction (Mortgages & Instruments) was filed on 2002-10-03. Parties: 222 Associates, Bankers Trust Company Show Details
    • Withheld Satisfaction (Mortgages & Instruments) was filed on 2002-10-03. Parties: 222 Associates, Bankers Trust Company Show Details
    • Withheld Satisfaction (Mortgages & Instruments) was filed on 2002-10-03. Parties: 222 Associates, Bankers Trust Company 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
    • Mortgage Agreement for $0.00 dated 2002-10-03 between L.L.C. Sb Tower Remainderman & Fifth Avenue Building Company LLC & East 50Th Street Building Company L.L.C. and Lasalle Bank National Association & Lehman Brothers Holdings Inc. Show Details
    • L.L.C. Sb Tower Remainderman & Fifth Avenue Building Company LLC leased this property from 10 East 50Th Streetbuilding Company L.L.C. 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
    • Fifth Avenue Building Company LLC took a mortgage for $5,000,000.00 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
    • Fifth Avenue Building Company LLC took a mortgage for $12,350,000.00 from Lehman Brothers Holdings Inc. on 2002-10-03. Show Details
    • Fifth Avenue Building Company LLC took a mortgage for $90,650,000.00 from Lehman Brothers Holdings Inc. on 2002-10-03. Show Details
    • A Miscellaneous legal document filed on 2002-10-03. Parties: 10 East 50Th Streetbuilding Company LLC and Fifth Avenue Building Company LLC Show Details
    • Withheld Satisfaction (Mortgages & Instruments) was filed on 2002-10-03. Parties: 222 Associates, Bankers Trust Company 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. Parties: 222 Associates, Bankers Trust Company Show Details
    • Initial UCC1 dated 2002-05-28, Debtor: Fifth Avenue Building Company LLC, Secured Party: Lehman Brothers Holdings Inc., Assignee: Show Details
    • Initial UCC1 dated 2002-05-17, Debtor: Fifth Avenue Building Company LLC, Secured Party: Lehman Brothers Holdings Inc., Assignee: Show Details
    • Initial UCC1 dated 2002-05-07, Debtor: Fifth Avenue Building Company LLC, Secured Party: Lehman Brothers Holdings Inc., Assignee: 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
    • Sb Tower Operating Company Inc sold this property to Sb Tower Remainderman L.L.C. 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
    • Mortgage Agreement for $0.00 dated 1998-08-07 between L.L.C. Sb Tower Remainderman & Inc. Sb Tower Operating Company and Lasalle National Bank Show Details
    • Mortgage Agreement for $0.00 dated 1997-11-26 between Sb Tower Remaindermam L.L.C. and 10 East 50Th Streetbuilding Company L.L.C. 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
    • Mortgage Agreement for $0.00 dated 1998-08-07 between 10 East 50Th Streetbuilding Company L.L.C. and Lasalle National Bank Show Details
    • Sb Tower Remainderman L.L.C. sold this property to 10 East 50Th Streetbuilding Company L.L.C. for $0.00 on 1997-11-26. Show Details
    • Mortgage Agreement for $0.00 dated 1998-08-07 between 10 East 50Th Streetbuilding Company L.L.C. and Lasalle National Bank Show Details
    • Initial UCC1 dated 1997-12-11, Debtor: Sb Tower Remainderman, LLC, Secured Party: As Trustee Lasalle National Bank, Assignee: Show Details
    • Initial UCC1 dated 1997-12-11, Debtor: L.L.C. 10 East 50Th Streetbuilding Company, Secured Party: As Trustee Lasalle National Bank, Assignee: Show Details
    • Inc. Sb Tower Operating Company took a mortgage for $45,000,000.00 from Nomura Asset Capitalcorporation on 1997-10-21. Show Details
    • Declaration (Other Documents) was filed on 1997-10-21. Parties: Inc. Fifth Win & Saks & Company Show Details
    • Swiss Bank Corporation leased this property from Inc. Sb Tower Holdings on 1997-05-22 Show Details
    • Swiss Bank Corporation leased this property from Inc. Sb Tower Holdings on 1996-02-06 Show Details
    • Inc. Sb Tower Operating Company leased this property from Inc. Sb Tower Holdings on 1997-10-21 Show Details
    • Inc. Sb Tower Holdings sold this property to Inc. Sb Tower Operating Company for $0.00 on 1997-10-01. Show Details
    • Saks & Company sold this property to Inc. Sb Tower Holdings 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, Debtor: Inc. Sb Tower Operating Company, Secured Party: Nomura Asset Capitalcorporation, Assignee: Show Details
    • Swiss Bank Corporation took a mortgage for $10.00 from 52688 Corporation on 1997-08-18. 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
    • Release dated 1995-10-12 between Marine Midland Banktrustee and Saks & Company Show Details
    • Mortgage Agreement for $0.00 dated 1995-10-12 between Inc. Fifth Win and Marine Midland Banktrustee Show Details
    • A Miscellaneous legal document filed on 1995-10-12. Parties: Saks & Copmany & Marine Midland Banktrustee Show Details
    • Inc. Fifth Win sold this property to Saks & Company 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. Parties: Inc. Fifth Win 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

    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