742 5th Ave
Midtown
New York, NY, 10019

Built in 1927 this 211,669 sq.ft. building is 100% Retail and contains 0 residential units and 1 non-residential units.

This property is currently Off Market.

    Transit

    • 5th Av Route NRoute QRoute R 3 Minute walk, 0.1 Miles
    • 57th St Route F 4 Minute walk, 0.2 Miles
    • 5th Av-53rd St Route ERoute M 5 Minute walk, 0.2 Miles
    • 59th St Route NRoute QRoute RRoute 4Route 5Route 6 7 Minute walk, 0.4 Miles
    • 59th St Route ARoute BRoute CRoute DRoute 1 11 Minute walk, 0.5 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute MRoute 7 12 Minute walk, 0.6 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 18 Minute walk, 0.9 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 21 Minute walk, 1.1 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 22 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

    Public Records

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    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2014-09-19. Parties: L.P. 754 Fifth Avenue Associates, As Trustee O Comptroller Of The State Of New York Show Details
    • Neiman Marcus Group Ltd Inc. (See Rider) & L.L.C. Newton Holding sold this property to Inc. Nm Mariposa Holdings for $342,800,000.00 on 2013-10-25. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2013-09-03. Parties: As Trustee Comptroller Of The State Of New York, L.P. 754 Fifth Avenue Associates Show Details
    • Mortgage Agreement for $0.00 dated 2013-08-16 between As Trustee Comptroller Of The State Of New York and Inc. Richemont North America Show Details
    • Mortgage Agreement for $0.00 dated 2013-08-16 between As Trustee Comptroller Of The State Of New York and Inc. The Neiman Marcus Group Show Details
    • An Assignment of Leases and Rents was granted to L.P. 754 Fifth Avenue Associates by As Trustee Comptroller Of The State Of New York or 2013-08-16 Show Details
    • Mortgage Agreement for $300,000,000.00 dated 2013-08-16 between L.P. 754 Fifth Avenue Associates and As Trustee Comptroller Of The State Of New York Show Details
    • L.P. 754 Fifth Avenue Associates took a mortgage for $100,000,000.00 from As Trustee Comptroller Of The State Of New York on 2013-08-16. Show Details
    • Initial UCC1 dated 2010-02-08, Debtor: L.P. 754 Fifth Avenue Associates, Secured Party: As Trustee O Comptroller Of The State Of New York, Assignee: Show Details
    • UCC3 Termination dated 2007-08-16, Debtor: L.P. 754 Fifth Avenue Associates, Secured Party: Comptroller Of The State Of New York & As Trustee Of The Common Retirement Fund, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-08-16. Parties: Comptroller Of The State Of New York & As Trustee Of The Common Retirement Fund Show Details
    • Mortgage Agreement for $0.00 dated 2007-07-10 between Comptroller Of The State Of New York & As Trustee Of The Common Retirement Fund and The Neiman Marcus Group, INC Show Details
    • An Assignment of Leases and Rents was granted to 745 Fifth Avenue Associates, L.P.., by Comptroller Of The State Of New York & As Trustee Of The Common Retirement Fund or 2007-07-10 Show Details
    • Mortgage Agreement for $200,000,000.00 dated 2007-07-10 between 745 Fifth Avenue Associates, L.P.., and Comptroller Of The State Of New York & As Trustee Of The Common Retirement Fund Show Details
    • 745 Fifth Avenue Associates, L.P.., took a mortgage for $101,000,000.00 from Comptroller Of The State Of New York & As Trustee Of The Common Retirement Fund on 2007-07-10. Show Details
    • UCC3 Termination dated 2007-07-27, Debtor: L.P. 754 Fifth Avenue Associates, Secured Party: Trustee Comptroller Of The State Of New York, Assignee: Show Details
    • Inc. The Neiman Marcus Group sold this property to Inc. Newton Acquisition for $106,924,000.00 on 2005-10-06. Show Details
    • UCC3 Termination dated 2005-03-21, Debtor: L.P. 754 Fifth Avenue Associates, Secured Party: Trustee Comptroller Of The State Of New York, Assignee: Show Details
    • Initial UCC1 dated 2005-03-21, Debtor: L.P. 754 Fifth Avenue Associates, Secured Party: Trustee Comptroller Of The State Of New York, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 2004-11-24 between and Show Details
    • Mortgage Agreement for $0.00 dated 2004-11-16 between Trustee Comptroller Of The State Of New York and Inc. Van Cleef & Arpels Show Details
    • An Assignment of Leases and Rents was granted to Trustee Comptroller Of The State Of New York by L.P. 754 Fifth Avenue Associates or 2004-11-24 Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2005-03-21. Parties: Trustee Comptroller Of The State Of New York Show Details
    • Mortgage Agreement for $99,000,000.00 dated 2004-11-24 between L.P. 754 Fifth Avenue Associates and Trustee Comptroller Of The State Of New York Show Details
    • L.P. 754 Fifth Avenue Associates took a mortgage for $14,000,000.00 from Trustee Comptroller Of The State Of New York on 2004-11-24. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2003-11-18. Parties: 754 Fifth Avenue Associates, L.P., C/O Tag Associa, As Trustee O Comptroller Of The State Of New York Show Details
    • L.P. 754 Fifth Avenue Associates took a mortgage for $69,500,000.00 from Comptroller Of The State Of New York As Trustee on 1999-03-23. Show Details
    • A Miscellaneous legal document filed on 1999-03-23. Parties: State Street Bank And Trust Company Show Details
    • Mortgage Agreement for $0.00 dated 1999-03-23 between L.P. 754 Fifth Avenue Associates and Comptroller/The State/New York As Trustee Show Details
    • On 1999-03-23 a mortgage on this property was transferred from L.P. 754 Fifth Avenue Associates to Comptroller Of The State Of New York As Trustee. Show Details
    • On 1999-03-23 a mortgage on this property was transferred from State Street Bank And Trust Company to Comptroller/The State/New York As Trustee. Show Details
    • Initial UCC1 dated 1999-03-12, Debtor: 754 Fifth Avenue Associates L.P., Secured Party: Comptroller Of The State Of New York, Assignee: Show Details
    • On 1997-06-18 a mortgage on this property was transferred from Credit Lyonnais to State Street Bank And Trust Company. Show Details
    • On 1997-06-18 a mortgage on this property was transferred from Credit Lyonnais to State Street Bank And Trust Company. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1997-04-22. Parties: 754 Fifth Avenue Associates Lp, Credit Lyonnais Newyork Branch, State Street Bank And Trust Company As Trustee Show Details
    • A Miscellaneous legal document filed on 1993-03-25. Parties: New York Life Ins Co Show Details
    • On 1993-03-22 a mortgage on this property was transferred from 754 Fifth Ave Assoclp to Credit Lyonnais Ny Brnch. Show Details
    • Mortgage Agreement for $0.00 dated 1993-03-22 between 754 Fifth Ave Assoclp & Neiman-Marcus Groupinc and Credit Lyonnais Ny Brach Show Details
    • Mortgage Agreement for $0.00 dated 1993-03-22 between 754 Fifth Ave Assoclp & Van Cleef & Arpels Inc and Credit Lyonnais Show Details
    • On 1993-03-22 a mortgage on this property was transferred from New York Life Ins Co to Credit Lyonnais. Show Details
    • Mortgage Agreement for $0.00 dated 1993-03-22 between 754 Fifth Ave Assoclp and Credit Lyonnais Show Details
    • 754 Fifth Ave Assoclp took a mortgage for $5,553,010.94 from Credit Lyonnais on 1993-03-22. Show Details
    • Initial UCC1 dated 1993-03-19, Debtor: 754 Fifth Avenue Associates Lp, Secured Party: Credit Lyonnais Newyork Branch, Assignee: Show Details
    • Neiman-Marcus Groupinc leased this property from Carter Hawley Hale Etal on 1988-03-07 Show Details
    • Mortgage Agreement for $0.00 dated 1982-02-09 between 754 Fifth Ave Associates and New York Life Ins Co Show Details
    • Mortgage Agreement for $0.00 dated 1982-02-09 between Ny Life Insurance Co. and Inc. Bergdorf Goodman & Carter Hawley Hl.Str/Inc Show Details
    • Mortgage Agreement for $0.00 dated 1982-02-09 between Lp 754 Fifth Ave Assoc. and New York Life Ins Co Show Details
    • Inc Carter Hawley Hl.Str leased this property from Lp 754 Fifth Ave Assoc on 1982-02-09 Show Details
    • Mortgage Agreement for $0.00 dated 1979-04-18 between New York Life Ins Co and Bergdoff Goodman Inc Show Details
    • On 1979-04-16 a mortgage on this property was transferred from 754 Fifth Ave Assoclp to New York Life Ins Co. Show Details
    • On 1979-04-16 a mortgage on this property was transferred from 754 Fifth Ave Assoclp to New York Life Ins Co. Show Details
    • Mortgage Agreement for $0.00 dated 1979-04-16 between 754 Fifth Ave Assoclp and New York Life Ins Co Show Details
    • 754 Fifth Aven Assoclp took a mortgage for $0.00 from New York Life Ins Co on 1979-04-16. Show Details
    • On 1979-04-16 a mortgage on this property was transferred from Greenwich Savings Bank to New York Life Ins Co. Show Details
    • Mortgage Agreement for $0.00 dated 1979-04-16 between 754 Fifth Avenue Assoc and Bergdorf Goodman Inc Show Details
    • A Miscellaneous legal document filed on 1979-04-16. Parties: Bergdorf Goodman Inc & Greenwich Savings Bnak Show Details
    • A Miscellaneous legal document filed on 1979-04-16. Parties: Greenwich Savings Bank Show Details
    • 754 Fifth Avenue Inc sold this property to 754 Fifth Avenue Assoc for $0.00 on 1979-01-24. Show Details
    • A Miscellaneous legal document filed on 1972-09-21. Parties: Berdorf & Goodman Co & Greenwich Savings Bank Show Details
    • On 1972-09-06 a mortgage on this property was transferred from Equitable Lf Mtg Rlty to Greenwich Savings Bank. Show Details
    • Mortgage Agreement for $0.00 dated 1972-09-06 between 754 Fifth Avenue Inc and Greenwich Savings Bank Show Details
    • On 1972-06-23 a mortgage on this property was transferred from 754 Fifth Avenue Inc to Greenwich Savings Bank. Show Details
    • 754 Fifth Avenue Inc took a mortgage for $0.00 from Greenwich Savings Bank on 1972-06-23. Show Details
    • On 1972-06-23 a mortgage on this property was transferred from Equitable Lf Mtg Rlty to Greenwich Savings Bank. Show Details
    • On 1970-11-24 a mortgage on this property was transferred from Equitable Lif Assur.Soc to Equitable Lif Assur.So. Show Details
    • On 1970-11-24 a mortgage on this property was transferred from Eqtbl Lf Assur Soc U.S. to Eqtbl Lf Mtge Rlty Inve. Show Details

    Lot

    Address
    742 5th Ave, 10019
    Square Footage
    26,100
    Lot Type
    Corner
    Dimensions
    200.83ft x 125.0ft
    BBL
    1012730033

    Neighborhood

    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
    $31,000,000
    MV Total
    $165,555,555
    AV Land
    $13,950,000
    AV Total
    $74,500,000

    Floor Area Ratio

    Built FAR
    8.11

    Residential
    Zoned FAR 10.0
    Max 261,000.0 sq. ft.
    Remaining 49,331.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 391,500.0 sq. ft.
    Remaining 179,831.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 391,500.0 sq. ft.
    Remaining 179,831.0 sq. ft.

    Building

    Category
    Store Buildings
    Class
    Department Store - Multi-Story
    Land Use
    Commercial & Office Buildings
    Buildings
    2
    Year Built
    1927
    Alterations
    N/A
    Floors
    9.0
    Residential Units
    0
    Total Units
    1
    Floor Area
    211669
    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