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, Secured Party: National Association Jpmorgan Chase Bank Show Details
    • A mortgage agreement for $400,000,000.00 was filed on 2016-07-11 Show Details
    • A $235,000,000.00 mortgage was taken from National Association Jpmorgan Chase Bank on 2016-07-11. Show Details
    • UCC3 Termination dated 2016-07-29, Secured Party: N.A. Wells Fargo Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-07-29. 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, Secured Party: Wachovia Bank, National Association, As Master Ser, Assignee: Show Details
    • Assignment Of Lease (Other Documents) was filed on 2012-01-27. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2011-08-29. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2008-11-07. 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. Show Details
    • Initial UCC1 dated 2006-11-28, Secured Party: 1St Constitution Bank Show Details
    • Initial UCC1 dated 2006-11-22, Secured Party: Inc. Column Financial Show Details
    • UCC3 Termination dated 2006-11-22, Secured Party: Independence Community Bank, Assignee: Show Details
    • UCC3 Termination dated 2006-11-22, Secured Party: Independence Community Bank, Assignee: Show Details
    • UCC3 Termination dated 2006-11-22, Secured Party: Independence Community Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-11-22. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-11-22. Show Details
    • An Assignment of Leases and Rents was filed on 2006-10-20 Show Details
    • A mortgage agreement for $165,000,000.00 was filed on 2006-10-20 Show Details
    • A $114,623,280.95 mortgage was taken 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. Show Details
    • This property was sold for $153,000,000.00 on 2006-10-20. Show Details
    • This property was sold for $153,000,000.00 on 2006-10-20. Show Details
    • This property was sold for $78,183,000.00 on 2006-10-20. Show Details
    • This property was sold for $153,000,000.00 on 2006-10-20. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2006-03-07. Show Details
    • Initial UCC1 dated 2004-12-01, Secured Party: Independence Community Bank Show Details
    • Initial UCC1 dated 2004-11-15, Secured Party: Independence Community Bank Show Details
    • An Assignment of Leases and Rents was filed on 2004-10-19 Show Details
    • A $7,500,000.00 mortgage was taken from Independence Community Bank on 2004-10-19. Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2004-10-14. Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2004-10-12. Show Details
    • Initial UCC1 dated 2004-04-08, Secured Party: Lehman Brothers Bank FSB Show Details
    • A mortgage agreement for $0.00 was filed on 2003-06-27 Show Details
    • A $2,666,979.05 mortgage was taken from New York Community Bank on 2003-06-27. Show Details
    • A $12,580,977.65 mortgage was taken from New York Community Bank on 2002-06-03. Show Details
    • A mortgage agreement for $0.00 was filed on 2002-06-03 Show Details
    • UCC3 Amendment dated 2002-05-30, Secured Party: New York Community Bank Show Details
    • UCC3 Termination dated 2001-03-27, 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
    • A mortgage agreement for $0.00 was filed on 2001-02-08 Show Details
    • A $6,500,000.00 mortgage was taken from Queens County Savings Bank on 2001-02-08. Show Details
    • A Miscellaneous legal document filed on 2001-02-08. 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, Secured Party: Queens County Savingbank Mortgage Center Show Details
    • UCC3 Amendment dated 1999-04-08, Secured Party: Prudential Insurancecompany Of America Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1998-10-26. Show Details
    • Initial UCC1 dated 1998-06-16, Secured Party: Jacob Michonik Show Details
    • A mortgage agreement for $0.00 was filed on 1995-12-18 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. Show Details
    • A Miscellaneous legal document filed on 1989-10-24. Show Details
    • A Miscellaneous legal document filed on 1989-10-19. Show Details
    • A Power of Attorney associated with this address was filed on 1989-10-19 Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1989-07-21. Show Details
    • Initial UCC1 dated 1989-07-21, Secured Party: Prudential Insurancecompany Of America Show Details
    • On 1989-07-19 a mortgage on this property was transferred from 720 Fifth Ave Associates to Prudential Insur Coamer. Show Details
    • A mortgage agreement for $0.00 was filed on 1989-07-19 Show Details
    • A $9,750,000.00 mortgage was taken 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. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1989-07-19. Show Details
    • A Miscellaneous legal document filed on 1986-06-09. Show Details
    • A mortgage agreement for $0.00 was filed on 1986-06-05 Show Details
    • On 1986-06-05 a mortgage on this property was transferred from 720 Fifth Ave Associates to Travelers Corporation. Show Details
    • A $8,709,683.17 mortgage was taken from Travelers Corporation on 1986-06-05. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 1986-06-05. 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. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1986-06-05. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1986-06-05. Show Details
    • This property was sold for $0.00 on 1985-06-11. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1985-01-14. Show Details
    • A Miscellaneous legal document filed on 1985-01-14. Show Details
    • A $4,681,517.29 mortgage was taken 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. Show Details
    • A Miscellaneous legal document filed on 1981-09-24. Show Details
    • A Miscellaneous legal document filed on 1981-09-24. Show Details
    • A Miscellaneous legal document filed on 1981-09-24. Show Details
    • A Miscellaneous legal document filed on 1981-09-24. Show Details
    • A mortgage agreement for $0.00 was filed on 1981-09-24 Show Details
    • A mortgage agreement for $0.00 was filed on 1981-09-24 Show Details
    • On 1981-09-24 a mortgage on this property was transferred from 720 Fifth Ave Assoc to Massachusetts Mtl Lfins. Show Details
    • A mortgage agreement for $0.00 was filed on 1981-09-24 Show Details
    • This property was leased on 1980-04-01 Show Details
    • A Power of Attorney associated with this address was filed on 1979-06-20 Show Details
    • This property was sold for $0.00 on 1979-06-20. Show Details
    • This property was sold for $0.00 on 1979-06-20. Show Details
    • This property was sold for $0.00 on 1976-01-09. Show Details
    • This property was sold for $0.00 on 1976-01-09. Show Details
    • A $0.00 mortgage was taken 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