724 5th Ave
Midtown
New York, NY, 10019

Built in 1921 this 54,477 sq.ft. building is 75% Office Space, 25% Retail and contains 0 residential units and 11 non-residential units.

This property is currently Off Market.

    Transit

    • 5th Av-53rd St Route ERoute M 4 Minute walk, 0.2 Miles
    • 59th St Route NRoute QRoute RRoute 4Route 5Route 6 8 Minute walk, 0.4 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute M 10 Minute walk, 0.5 Miles
    • 59th St Route ARoute BRoute CRoute DRoute 1 11 Minute walk, 0.6 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 20 Minute walk, 1.0 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 21 Minute walk, 1.1 Miles

    Schools

    • Elementary School

      • Warning: This property is located near the boundary of it's school zone.
      • 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

      • Warning: This property is located near the boundary of it's school zone.
      • Zoned to District 2. No zoned school. Contact 718-935-2383 for more information.
    • High School

      • Citywide High School Choice

    Units at this Address

    PriceUnitLast UpdateStatusPublic Records
    BOff Market5
    COff Market5
    AOff Market5

    Public Records

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

    • Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii Satisfied their Mortgage with Inc. M & T Real Estate on 2014-04-07. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2015-01-14. Parties: M & T Real Estate Trust, Nrp Property 2 LLC & Nrp LLC I & Nrp LLC Ii Show Details
    • Maps filed 2014-08-25 Show Details
    • Condo Declaration (Deeds And Other Conveyances) was filed on 2014-08-25. Parties: The 724 Fifth Avenue Condominium Show Details
    • Mortgage Agreement for $0.00 dated 2014-04-09 between Goldman Sachs Bank Usa and 724 Fifth Fee Owner LLC & Inc. Hillman Lucasen Show Details
    • Mortgage Agreement for $0.00 dated 2014-04-09 between Goldman Sachs Bank Usa and 724 Fifth Fee Owner LLC & Maxwell Davidson Gallery LLC Show Details
    • Mortgage Agreement for $0.00 dated 2014-04-09 between Goldman Sachs Bank Usa and 724 Fifth Fee Owner LLC & Inc. The Merrin Gallery Show Details
    • Mortgage Agreement for $0.00 dated 2014-04-09 between Goldman Sachs Bank Usa and 724 Fifth Fee Owner LLC & Prada Usa Corp. Show Details
    • Mortgage Agreement for $235,000,000.00 dated 2014-04-09 between 724 Fifth Fee Owner LLC and Goldman Sachs Bank Usa Show Details
    • 724 Fifth Fee Owner LLC took a mortgage for $115,234,841.00 from Goldman Sachs Bank Usa on 2014-04-09. Show Details
    • 724 Fifth Tic Owner 1 LLC & 724 Fifth Tic Owner 3 LLC & 724 Fifth Tic Owner 2 LLC sold this property to 724 Fifth Fee Owner LLC for $0.00 on 2014-04-09. Show Details
    • A Miscellaneous legal document filed on 2014-04-30. Parties: 724 Fifth Tic Owner 1 LLC & 724 Fifth Tic Owner 3 LLC & 724 Fifth Tic Owner 2 LLC Show Details
    • On 2014-04-09 a mortgage on this property was transferred from National Association Wells Fargo Bank to Goldman Sachs Bank Usa. Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2014-02-28. Parties: 724 Fifth Tic Owner 1 LLC & 724 Fifth Tic Owners 2 LLC & 724 Fifth Tic Owner 3 LLC, Prada Usa Corp. Show Details
    • Termination Of Lease Or Memo (Other Documents) was filed on 2013-11-20. Parties: 724 Fifth Lessee LLC, 724 Fifth Tic Owner 1 LLC & 724 Fifth Tic Owner 2Llc & 724 Fifth Tic Owner 3 LLC Show Details
    • Db Like-Kind Exchange Services Corp. sold this property to 379 West Broadway Owner LLC for $72,000,000.00 on 2012-04-30. Show Details
    • Inc. Metropcs Communications & Metropcs Communications, INC sold this property to T-Mobile Holding Gmbh for $1,810,281.00 on 2013-04-30. Show Details
    • Db Like-Kind Exchange Services Corp. sold this property to 141 Fifth Avenue Retail Ii LLC for $22,800,000.00 on 2012-02-17. Show Details
    • Db Like-Kind Exchange Services Corp. sold this property to 141 Fifth Avenue Jv LLC for $25,200,000.00 on 2012-02-17. Show Details
    • 724 Fifth Tic Owner 1 LLC & 724 Fifth Tic Owner 3 LLC & 724 Fifth Tic Owner 2 LLC took a mortgage for $120,000,000.00 from National Association Wells Fargo Bank on 2012-01-31. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-03-09. Parties: 724 Fifth Tic Owner 1 LLC & 724 Fifth Tic Owner 3 LLC & 724 Fifth Tic Owner 2 LLC, 724 Fifth Lessee LLC Show Details
    • On 2012-01-31 a mortgage on this property was transferred from National Association Wells Fargo Bank to National Association Wells Fargo Bank. Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2012-03-09. Parties: 724 Fifth Tic Owner 1 LLC & 724 Fifth Tic Owner 3 LLC & 724 Fifth Tic Owner 2 LLC, 724 Fifth Lessee LLC Show Details
    • A Miscellaneous legal document filed on 2012-03-09. Parties: 724 Fifth Tic Owner 1 LLC & 724 Fifth Tic Owner 3 LLC & 724 Fifth Tic Owner 2 LLC Show Details
    • 724 Fifth Avenue Realty, LLC sold this property to 724 Fifth Tic Owner 1 LLC & 724 Fifth Tic Owner 3 LLC & 724 Fifth Tic Owner 2 LLC for $223,000,000.00 on 2012-01-31. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2012-03-09. Parties: National Association Wells Fargo Bank Show Details
    • UCC3 Termination dated 2012-02-14, Debtor: 724 Fifth Avenue Realty, LLC, Secured Party: National Association Wells Fargo Bank, Assignee: Show Details
    • Trust For The Benefit Of Dawn M. Greene sold this property to Inc. Jerome L. Greene Foundation for $4,500,000.00 on 2011-12-31. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2011-08-29. Parties: Llc 724 Fifth Avenue Realty, Wells Fargo Bank, N.A., As Trustee For Morgan Stan Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-12-31. Parties: M&T Real Estate Trust Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2007-11-28. Parties: 724 Fifth Avenue Realty Company, Morgan Stanley Mortgage Capital Holdings LLC, Wells Fargo Bank, N.A., As Trustee Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2007-11-28. Parties: Morgan Stanley Mortgage Capital Holdings LLC, Wells Fargo Bank, N.A., As Trustee Show Details
    • On 2007-08-23 a mortgage on this property was transferred from Morgan Stanley Mortgage Capital Holdings LLC to Wells Fargo Bank, N.A., As Trustee. Show Details
    • UCC3 Amendment dated 2007-10-10, Debtor: 724 Fifth Avenue Realty Company, Secured Party: Morgan Stanley Mortgage Capital Inc., Assignee: Show Details
    • Mortgage Agreement for $9,000,000.00 dated 2007-08-21 between 724 Fifth Avenue Realty, LLC and Morgan Stanley Mortgage Capital Holdings Llc & 724 Fifth Avenue Realty, LLC Show Details
    • David F Frankel & Trust F/B/O Diane F. Sherman & Trust F/B/O Dawn M. Greene & Trust F/B/O Eliza Howard & David W Ii Frankel & Elisa Howard & Diane F Sherman & Trust F/B/O D. W. Frankel & 724 Fifth Avenue Realty Company & Gregory Frankel & Trust F/B/O David F. Frankel & Trust F/B/O Gregory Frankel & Trust F/B/O Jessica Sherman & Trust F/B/A Esme Howard & Esme Howard sold this property to 724 Fifth Avenue Realty, LLC for $0.00 on 2007-08-21. Show Details
    • Mortgage Agreement for $0.00 dated 2007-01-05 between 724 Fifth Avenue Realty Co. & Inc. The Merrin Gallery and Morgan Stanley Mortgage Capital Inc. Show Details
    • Correction Doc-Office Use Only (Other Documents) was filed on 2007-02-27. Parties: Jpmorgan Chase Bank, Inc. Morgan Stanley Mortgage Capital. Show Details
    • Initial UCC1 dated 2007-01-30, Debtor: 724 Fifth Avenue Realty Company, Secured Party: Morgan Stanley Mortgage Capital Inc., Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 2007-01-12 between Prada Usa Corp & 724 Fifth Avenue Realty Company and Morgan Stanley Mortgage Capital Inc. Show Details
    • An Assignment of Leases and Rents was granted to by or 2007-01-12 Show Details
    • Mortgage Agreement for $9,000,000.00 dated 2007-01-12 between and Show Details
    • 724 Fifth Avenue Realty Co. & 724 Fifth Avenue Realty Company took a mortgage for $3,000,000.00 from Morgan Stanley Mortgage Capital Inc. on 2007-01-12. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-01-30. Parties: Jpmorgan Chase Bank Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-01-30. Parties: Jpmorgan Chase Bank Show Details
    • On 2007-01-10 a mortgage on this property was transferred from to . Show Details
    • Mortgage Agreement for $76,002,365.49 dated 2006-01-31 between and Show Details
    • Mortgage Agreement for $77,056,048.88 dated 2005-12-01 between and Show Details
    • Mortgage Agreement for $86,526,376.04 dated 2005-03-28 between Nrp Property 2 LLC & Nrp LLC I & Nrp LLC Ii and M&T Real Estate Trust Show Details
    • Mortgage Agreement for $14,007,448.00 dated 2004-03-11 between Nrp LLC 2 & Nr Property 2 LLC & Nrp1 and M & T Real Estate Trust Show Details
    • Release dated 2004-12-16 between and Show Details
    • Mortgage Agreement for $88,195,339.67 dated 2004-12-19 between Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii and M & T Real Estate, INC & Successor In Interest To M & T Real Estate Trust Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2005-02-22. Parties: M&T Real Estate, Inc., Successor To M&T Real Estat, Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii Show Details
    • Satisfied their Mortgage with on 2004-11-04. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2004-09-27. Parties: Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2004-09-27. Parties: M & T Real Estate Inc., Nrp LLC Ii Show Details
    • Release dated 2004-05-18 between Nrp Property 2 LLC & Nrp LLC I & Nrp LLC Ii and M & T Real Estate Inc. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2004-09-27. Parties: M & T Real Estate Inc., Nrp LLC Ii Show Details
    • Mortgage Agreement for $5,000,000.00 dated 2003-05-07 between Nrp LLC I(''Llc 1'') & Nrp LLC Ii(''Llc 2'' & Nr Property 2 LLC (''Llc 3'') and Inc. M&T Real Estate Show Details
    • Mortgage Agreement for $12,294,374.00 dated 2004-03-31 between Nr Property 2 LLC & Nrp LLC 11 & Nrp LLC 1 and M & T Real Estate Trust Show Details
    • Mortgage Spreader Agreement (Mortgages & Instruments) was filed on 2004-07-03. Parties: Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii, M & T Real Estate, INC Show Details
    • Tax Lien Sale Certificate (Other Documents) was filed on 2003-10-14. Parties: Show Details
    • Mortgage Agreement for $0.00 dated 2002-09-18 between Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii and Inc. M&T Real Estate Show Details
    • Inc. Preferred Entity Advancements Satisfied their Mortgage with Brt Realty Trust on 2002-09-26. Show Details
    • Mortgage Agreement for $0.00 dated 2002-03-29 between Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii and Inc. M & T Real Estate Show Details
    • Nrp LLC I. & Nr Property 2 LLC took a mortgage for $5,000,000.00 from Inc. M & T Real Estate on 2002-03-29. Show Details
    • On 2001-05-21 a mortgage on this property was transferred from Salomon Brothers Realty Corp. to Inc. M&T Real Estate. Show Details
    • On 2001-05-21 a mortgage on this property was transferred from Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii to Inc. M & T Rel Estate. Show Details
    • Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii took a mortgage for $30,000,000.00 from Inc. M & T Real Estate on 2001-05-21. Show Details
    • On 2001-05-21 a mortgage on this property was transferred from Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii to Inc. M & T Real Estate. Show Details
    • A Miscellaneous legal document filed on 2001-05-21. Parties: Salomon Brothers Realty Corp. Show Details
    • Withheld Satisfaction (Mortgages & Instruments) was filed on 2001-05-21. Parties: L.P. 1040 Associates, L.P. New Rock Asset Partners Show Details
    • Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii took a mortgage for $8,891,005.74 from Inc. M & T Reale State on 2001-05-21. Show Details
    • Mortgage Agreement for $0.00 dated 2001-05-21 between Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii and Inc. M & T Real Estate Show Details
    • A Miscellaneous legal document filed on 2001-05-21. Parties: Salomon Brothers Realty Corp. Show Details
    • On 2001-05-21 a mortgage on this property was transferred from Salomon Brothers Realty Corp. to Inc. M&T Real Estate. Show Details
    • A Miscellaneous legal document filed on 2001-05-21. Parties: Salomon Brothers Realty Corp. Show Details
    • UCC3 Termination dated 2001-04-30, Debtor: Nrp LLC 1, Secured Party: Salomon Brothers Realty Corp., Assignee: Show Details
    • Release dated 2001-03-20 between Salomon Brothers Realty Corp. and Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii Show Details
    • Release dated 2001-03-06 between Salomon Brothers Realty Corp. and Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii Show Details
    • Mortgage Agreement for $0.00 dated 2001-03-06 between Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii & L.P. Nr Property 20 and Salomon Brothers Realty Corp. Show Details
    • Mortgage Agreement for $0.00 dated 2001-02-14 between Nrp Lc Ii & Nr Property 2 LLC & Nrp LLC I and Salomon Brothers Realty Corp. & L.P. Nr Property 20 Show Details
    • Release dated 2001-02-14 between Salomon Brothers Realty Corp. and Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii Show Details
    • Mortgage Agreement for $0.00 dated 2001-01-09 between Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii & L.P. Nr Property 20 and Salomon Brothers Realty Corp. Show Details
    • Mortgage Agreement for $0.00 dated 2001-01-09 between Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii & L.P. Nr Property 20 and Salomon Brothers Realty Corp. Show Details
    • Mortgage Agreement for $0.00 dated 2001-01-09 between Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii & L.P. Nr Property 20 and Salomon Brothers Realty Corp. Show Details
    • Release dated 2000-12-26 between Salomon Brothers Realty Corp. and Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii Show Details
    • Release dated 2000-12-26 between Salomon Brothers Realty Corp. and Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii Show Details
    • Mortgage Agreement for $0.00 dated 2000-12-26 between Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii & L.P. Nr Property 20 and Salomon Brothers Realty Corp. Show Details
    • Mortgage Agreement for $0.00 dated 2000-12-26 between Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii and Salomon Brothers Realty Corp. Show Details
    • UCC3 Release / UCC Amendment dated 2000-12-15, Debtor: Nrp LLC 1, Secured Party: Salomon Brothers Realty Corp., Assignee: Show Details
    • UCC3 Release / UCC Amendment dated 2000-11-24, Debtor: Nrp LLC 1, Secured Party: Salomon Brothers Realty Corp., Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 2000-06-26 between Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii and Salomon Brothers Realty Corp. Show Details
    • Release dated 2000-03-10 between Salomon Brothers Realty Corp. and Nrp LLC I & Nrp LLC Ii Show Details
    • Release dated 2000-03-10 between Salomon Brothers Realty Corp. and Nrp LLC I & Nrp LLC Ii Show Details
    • Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii took a mortgage for $19,763,559.16 from Salomon Brothers Realty Corp. on 2000-03-10. Show Details
    • Release dated 2000-03-10 between Salomon Brothers Realty Corp. and Nrp LLC I & Nrp LLC Ii Show Details
    • Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii took a mortgage for $16,356,634.99 from Salomon Brothers Realty Corp. on 2000-03-10. Show Details
    • Mortgage Agreement for $0.00 dated 2000-02-17 between Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii and Salomon Brothers Realty Corp. Show Details
    • Mortgage Agreement for $0.00 dated 2000-02-07 between Nr Property 2 LLC & Nrp LLC I & Nrp LLC Ii and Salomon Brothers Realty Corp. Show Details
    • ... and 96 older documents.

    Lot

    Address
    724 5th Ave, 10019
    Square Footage
    5,000
    Lot Type
    Inside
    Dimensions
    50.0ft x 100.0ft
    BBL
    1012727502
    Condo Number
    2494

    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
    2
    MV Land
    $0
    MV Total
    $0
    AV Land
    $0
    AV Total
    $0

    Floor Area Ratio

    Built FAR
    10.9

    Residential
    Zoned FAR 10.0
    Max 50,000.0 sq. ft.
    Remaining -4,477.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 75,000.0 sq. ft.
    Remaining 20,523.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 75,000.0 sq. ft.
    Remaining 20,523.0 sq. ft.

    Building

    Condo Number
    2494
    Category
    Condominiums
    Class
    Special Condominium Billing Lot
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1921
    Alterations
    N/A
    Floors
    12.0
    Residential Units
    0
    Total Units
    11
    Floor Area
    54477
    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