720 5th Ave
Midtown
New York, NY, 10019

Built in 1954 this 113,292 sq.ft. building is 89% Office Space, 11% Retail and contains 0 residential units and 18 non-residential units.

This property is currently Off Market.

    Transit

    • 57th St Route F 4 Minute walk, 0.2 Miles
    • 5th Av Route NRoute QRoute R 5 Minute walk, 0.2 Miles
    • 59th St Route NRoute QRoute RRoute 4Route 5Route 6 9 Minute walk, 0.5 Miles
    • 59th St Route ARoute BRoute CRoute DRoute 1 10 Minute walk, 0.5 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute MRoute 7 11 Minute walk, 0.5 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 17 Minute walk, 0.9 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 19 Minute walk, 1.0 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 20 Minute walk, 1.0 Miles

    Schools

    • Elementary School

      • P.S. 111 Adolph S. Ochs
        • Grades: PK,0K,01,02,03,04,05,08,SE
        • Principal: Edward Gilligan
        • Phone: 212-582-7420
        • Address: 440 West 53 Street
        • Website: schools.nyc.gov
    • Middle School

      • 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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    • Initial UCC1 dated 2016-07-29, Debtor: 720 Fifth Sub A LLC & 720 Fifth Ml LLC, Secured Party: National Association Jpmorgan Chase Bank, Assignee: Show Details
    • Mortgage Agreement for $400,000,000.00 dated 2016-07-11 between 720 Fifth Sub A LLC & 720 Fifth Ml LLC and National Association Jpmorgan Chase Bank Show Details
    • 720 Fifth Sub A LLC & 720 Fifth Ml LLC took a mortgage for $235,000,000.00 from National Association Jpmorgan Chase Bank on 2016-07-11. Show Details
    • UCC3 Termination dated 2016-07-29, Debtor: 720 Fifth Sub A LLC & 720 Fifth Ml LLC, Secured Party: N.A. Wells Fargo Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-07-29. Parties: N.A. Wells Fargo Bank Show Details
    • On 2016-07-11 a mortgage on this property was transferred from N.A. Wells Fargo Bank to N.A. Jpmorgan Chase Bank. Show Details
    • UCC3 Termination dated 2012-03-21, Debtor: 250 Park Avenue, LLC, Secured Party: Wachovia Bank, National Association, As Master Ser, Assignee: Show Details
    • Assignment Of Lease (Other Documents) was filed on 2012-01-27. Parties: 720 Fifth LLC, 720 Fifth Ml LLC Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2011-08-29. Parties: 720 Fifth Sub A LLC & 720 Fifth Ml LLC, N.A. As Trustee Wells Fargo Bank Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2008-11-07. Parties: Column Financial, Wells Fargo Bank As Trustee Show Details
    • On 2006-10-20 a mortgage on this property was transferred from Column Financial to Wells Fargo Bank As Trustee. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2007-10-12. Parties: 720 Fifth Sub A LLC & 720 Fifth Ml LLC, Inc. Column Financial, Wells Fargo Bank, Na, As Trustee Show Details
    • Initial UCC1 dated 2006-11-28, Debtor: Spiral 125, INC, Secured Party: 1St Constitution Bank, Assignee: Show Details
    • Initial UCC1 dated 2006-11-22, Debtor: 720 Fifth Sub A LLC & 720 Fifth Ml LLC, Secured Party: Inc. Column Financial, Assignee: Show Details
    • UCC3 Termination dated 2006-11-22, Debtor: 720 Fifth Avenue Associates Lp, Secured Party: Independence Community Bank, Assignee: Show Details
    • UCC3 Termination dated 2006-11-22, Debtor: 720 Fifth Retail LLC, Secured Party: Independence Community Bank, Assignee: Show Details
    • UCC3 Termination dated 2006-11-22, Debtor: 720 Fifth Retail LLC, Secured Party: Independence Community Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-11-22. Parties: Sovereign Bank, 720 Fifth Retail LLC Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-11-22. Parties: New York Community Bank, 720 Fifth Avenue Associates Show Details
    • An Assignment of Leases and Rents was granted to Inc. Column Financial by 720 Fifth Sub A LLC & 720 Fifth Ml LLC or 2006-10-20 Show Details
    • Mortgage Agreement for $165,000,000.00 dated 2006-10-20 between 720 Fifth Sub A LLC & 720 Fifth Ml LLC and Inc. Column Financial Show Details
    • 720 Fifth Sub A LLC & 720 Fifth Ml LLC took a mortgage for $114,623,280.95 from Inc. Column Financial on 2006-10-20. Show Details
    • On 2006-10-18 a mortgage on this property was transferred from Sovereign Bank to Inc. Column Financial. Show Details
    • On 2006-10-18 a mortgage on this property was transferred from New York Community Bank to Inc. Column Financial. Show Details
    • Termination Of Lease Or Memo (Other Documents) was filed on 2006-11-22. Parties: 720 Fifth LLC, 720 Fifth Retail LLC Show Details
    • 720 Fifth Sub LLC sold this property to 720 Fifth Sub A LLC for $153,000,000.00 on 2006-10-20. Show Details
    • 720 Fifth Avenue Associates LLC sold this property to 720 Fifth Sub LLC for $153,000,000.00 on 2006-10-20. Show Details
    • Trust Created U/L/W/T/ Of Raymond J. Greenwald & 720 Fifth Avenue Associates LLC & Richard Wolfman & 720 Gp LLC & Jm 720 Associates & Mahir Reiss sold this property to 2006 Helene B Irrevocable Trust & 720 Fifth Investor LLC & 720 Fifth Investor 1 LLC & Mr 720 LLC & 720 Fifth Avenue Holding LLC for $78,183,000.00 on 2006-10-20. Show Details
    • Trust Created U/L/W/T Of Raymond J. Greenwald & Mahir Reiss & 720 Gp LLC & Richard Wolfman & Jm 720 Associates & Et Al. (Rider) 720 Fifth Avenue Associates Llc sold this property to 720 Fifth Investor LLC Et Al. (See Rider) & 2006 Helene B Irrevocable Trust & 720 Fifth Investor 1 LLC & Mr 720 LLC & 720 Fifth Avenue Holding LLC for $153,000,000.00 on 2006-10-20. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2006-03-07. Parties: 720 Fifth Ave Associates, New York Community Bank Show Details
    • Initial UCC1 dated 2004-12-01, Debtor: 720 Fifth Retail LLC, Secured Party: Independence Community Bank, Assignee: Show Details
    • Initial UCC1 dated 2004-11-15, Debtor: 720 Fifth Retail LLC, Secured Party: Independence Community Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Independence Community Bank by 720 Fifth Retail LLC or 2004-10-19 Show Details
    • 720 Fifth Retail LLC & 720 Fifth LLC took a mortgage for $7,500,000.00 from Independence Community Bank on 2004-10-19. Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2004-10-14. Parties: 720 Fifth LLC, 720 Fifth Retail LLC Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2004-10-12. Parties: 720 Fifth Avenue Associates L.P., 720 Fifth LLC Show Details
    • Initial UCC1 dated 2004-04-08, Debtor: 250 Park Avenue LLC, Secured Party: Lehman Brothers Bank FSB, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 2003-06-27 between New York Community Bank and 720 Fifth Avenue Associates Show Details
    • 720 Fifth Avenue Associates took a mortgage for $2,666,979.05 from New York Community Bank on 2003-06-27. Show Details
    • 720 Fifth Avenue Associates took a mortgage for $12,580,977.65 from New York Community Bank on 2002-06-03. Show Details
    • Mortgage Agreement for $0.00 dated 2002-06-03 between New York Community Bank and 720 Fifth Avenue Associates Show Details
    • UCC3 Amendment dated 2002-05-30, Debtor: 720 Fifth Avenue Associates, Secured Party: New York Community Bank, Assignee: Show Details
    • UCC3 Termination dated 2001-03-27, Debtor: Mahir A. Reiss, Secured Party: Jacob Michonik, Assignee: Show Details
    • On 2001-02-08 a mortgage on this property was transferred from 720 Fifth Avenue Associates to Queens County Savings Bank. Show Details
    • Mortgage Agreement for $0.00 dated 2001-02-08 between Queens County Savings Bank and 720 Fifth Avenue Associates Show Details
    • 720 Fifth Avenue Associates took a mortgage for $6,500,000.00 from Queens County Savings Bank on 2001-02-08. Show Details
    • A Miscellaneous legal document filed on 2001-02-08. Parties: The Prudential Insurancecompany Of America Show Details
    • On 2001-02-08 a mortgage on this property was transferred from The Prudential Insurancecompany Of America to Queens County Savings Bank. Show Details
    • Initial UCC1 dated 2001-02-01, Debtor: 720 Fifth Avenue Associates, Secured Party: Queens County Savingbank Mortgage Center, Assignee: Show Details
    • UCC3 Amendment dated 1999-04-08, Debtor: 720 Fifth Avenue Associates, Secured Party: Prudential Insurancecompany Of America, Assignee: Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1998-10-26. Parties: 720 Fifth Avenue Associates, Prudential Insurancecompany Of America Show Details
    • Initial UCC1 dated 1998-06-16, Debtor: Mahir A. Reiss, Secured Party: Jacob Michonik, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1995-12-18 between Prudential Insurancecompany Of America and 720 Fifth Avenue Associates Show Details
    • On 1995-12-18 a mortgage on this property was transferred from 720 Fifth Avenue Associates to Prudential Insurancecompany Of America. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1994-04-26. Parties: 720 Fifth Avenue Associates, Prudential Insurancecompany Of America Show Details
    • A Miscellaneous legal document filed on 1989-10-24. Parties: George M Pavia Show Details
    • A Miscellaneous legal document filed on 1989-10-19. Parties: George M. Pavia Show Details
    • Fendi Stores Inc was granted Power of Attorney for George M. Pavia on 1989-10-19 Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1989-07-21. Parties: 720 Fifth Ave Associates, Prudential Insuranceco. Show Details
    • Initial UCC1 dated 1989-07-21, Debtor: 720 Fifth Avenue Associates, Secured Party: Prudential Insurancecompany Of America, Assignee: Show Details
    • On 1989-07-19 a mortgage on this property was transferred from 720 Fifth Ave Associates to Prudential Insur Coamer. Show Details
    • Mortgage Agreement for $0.00 dated 1989-07-19 between 720 Fifth Ave Assoc and Prudential Insur Coamer Show Details
    • 720 Fifth Ave Assoc took a mortgage for $9,750,000.00 from Prudential Ins Co Americ on 1989-07-19. Show Details
    • On 1989-07-19 a mortgage on this property was transferred from Travlers Corp to Prudential Insur Coamer. Show Details
    • A Miscellaneous legal document filed on 1989-07-19. Parties: Travelers Corp Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1989-07-19. Parties: 720 Fifth Ave Assoc, Travelers Corp Show Details
    • A Miscellaneous legal document filed on 1986-06-09. Parties: 720 Fifth Ave Associates Show Details
    • Mortgage Agreement for $0.00 dated 1986-06-05 between 720 Fifth Ave Associates and Travelers Corporation Show Details
    • On 1986-06-05 a mortgage on this property was transferred from 720 Fifth Ave Associates to Travelers Corporation. Show Details
    • 720 Fifth Avenue Assoc. took a mortgage for $8,709,683.17 from Travelers Corporation on 1986-06-05. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 1986-06-05. Parties: Dollar Dry Dk Savgsetc., 720 Fifth Ave Associates Show Details
    • On 1986-06-05 a mortgage on this property was transferred from Fsb Lincoln Savgs Bk to Travelers Corporation. Show Details
    • On 1986-06-05 a mortgage on this property was transferred from Dollar Dry Dk Savgsetc. to Travelers Corporation. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1986-06-05. Parties: 720 Fifth Ave Assocs, Travelers Corp Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1986-06-05. Parties: 720 Fifth Ave Asoc, Dollar Dry Dock Svgsbk Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1986-06-05. Parties: 720 Fifth Ave Asoc, 720 Fifth Ave Rtly Co Show Details
    • Bing & Song Corp. sold this property to 720 Fifth Ave Associates for $0.00 on 1985-06-11. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1985-01-14. Parties: 720 Fifth Ave.Associates Show Details
    • A Miscellaneous legal document filed on 1985-01-14. Parties: Massachusetts Mutl Etc Show Details
    • 720 Fifth Ave Associates took a mortgage for $4,681,517.29 from Dollar Dry Dock Sv Bk/Ny on 1985-01-14. Show Details
    • On 1985-01-14 a mortgage on this property was transferred from 720 Fifth Ave Associates to Dollar Dry Dock Sv Bk/Ny. Show Details
    • On 1985-01-14 a mortgage on this property was transferred from Massachusetts Mutualetc to Dollar Dry Dock Sv Bank. Show Details
    • On 1985-01-14 a mortgage on this property was transferred from 720 Fifth Ave Realtyco. to Dollar Dry Dock Svgsbk. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 1984-08-06. Parties: Inc. Tangley, 720 Fifth Ave Associates Show Details
    • A Miscellaneous legal document filed on 1981-09-24. Parties: Massachusetts Mtl Lfins Show Details
    • A Miscellaneous legal document filed on 1981-09-24. Parties: Massachusetts Mtl Lfins Show Details
    • A Miscellaneous legal document filed on 1981-09-24. Parties: Massachusetts Mtl Lfins Show Details
    • A Miscellaneous legal document filed on 1981-09-24. Parties: Massachusetts Mtl Lfins Show Details
    • Mortgage Agreement for $0.00 dated 1981-09-24 between 720 Fifth Ave Assoc and Oddo Diffusion Inc Show Details
    • Mortgage Agreement for $0.00 dated 1981-09-24 between 720 Fifth Ave Assoc and Massachusetts Mtl Lfins Show Details
    • On 1981-09-24 a mortgage on this property was transferred from 720 Fifth Ave Assoc to Massachusetts Mtl Lfins. Show Details
    • Mortgage Agreement for $0.00 dated 1981-09-24 between 720 Fifth Ave Assoc and Massachusetts Mtl Lfins Show Details
    • Oddo Diffusion, INC leased this property from 720 Fifth Ave Associates on 1980-04-01 Show Details
    • Arlene Steiner was granted Power of Attorney for Sarah E Strunsky on 1979-06-20 Show Details
    • Barbara O Miller & Joan S Lewin & Peter Stevens & Woa Stevens & Sarah E Strunsky & Arlene Steiner sold this property to 459 Park Ave South Rlty for $0.00 on 1979-06-20. Show Details
    • 459 Park Ave South Rlty sold this property to Bing And Sang Corp for $0.00 on 1979-06-20. Show Details
    • I Cyrus Tr Gordon & Barbara Fbo Miller & Nathan Tr Strunsky & Michael M Tr Lewin sold this property to Barbara S Miller for $0.00 on 1976-01-09. Show Details
    • Joan Fbo Lewin & Nathan Tr Strunsky & Michael M Tr Lewin & I Cyrus Tr Gordon sold this property to Joan S Lewin for $0.00 on 1976-01-09. Show Details
    • 720 Fifth Avenue Assoc took a mortgage for $0.00 from 720 Fifth Ave Realtyco on 1975-12-18. Show Details
    • On 1975-12-18 a mortgage on this property was transferred from 720 Fifth Ave Realty to 720 Fifth Avenue Assoc. Show Details
    • ... and 3 older documents.

    Lot

    Address
    720 5th Ave, 10019
    Square Footage
    7,560
    Lot Type
    Corner
    Dimensions
    50.42ft x 125.0ft
    BBL
    1012720034

    Neighborhood

    Neighborhood
    Midtown
    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    18
    Fire Company
    E023
    School District
    2
    Census Tract
    112.01

    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
    $11,300,000
    MV Total
    $125,041,000
    AV Land
    $5,085,000
    AV Total
    $56,268,450

    Floor Area Ratio

    Built FAR
    14.99

    Residential
    Zoned FAR 10.0
    Max 75,600.0 sq. ft.
    Remaining -37,692.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 113,400.0 sq. ft.
    Remaining 108.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 113,400.0 sq. ft.
    Remaining 108.0 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
    15.0
    Residential Units
    0
    Total Units
    18
    Floor Area
    113292
    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