79 5th Ave
Flatiron
New York, NY, 10003

Built in 1906 this 272,566 sq.ft. building is 94% Office Space, 6% Retail and contains 0 residential units and 47 non-residential units.

This property is currently Off Market.

    Transit

    • Union Square Route LRoute NRoute QRoute RRoute 4Route 5Route 6 3 Minute walk, 0.1 Miles
    • West 4th St Route ARoute BRoute CRoute DRoute ERoute FRoute M 12 Minute walk, 0.6 Miles
    • 14th St Route ARoute CRoute ERoute L 10 Minute walk, 0.5 Miles
    • 14th St Route FRoute LRoute MRoute 1Route 2Route 3 4 Minute walk, 0.2 Miles

    Schools

    • Elementary School

      • Warning: This property is located near the boundary of it's school zone.
      • For 2015-2016: Grades K-1 are zoned to PS 340 and. Grades 2-5 are zoned to PS 40.
      • Sixth Avenue Elementary School
        • Grades: PK,0K,01,02,03,04,05
        • Principal: Patricia Carney
        • Phone: 917-305-1000
        • Address: 590 Sixth Avenue
        • Website: schools.nyc.gov
      • P.S. 040 Augustus Saint-Gaudens
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Susan Felder
        • Phone: 212-475-5500
        • Address: 319 East 19 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

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    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2015-07-15. Parties: L.L.C. Starwood Property Mortgage Sub-2, National Association Wells Fargo Bank Show Details
    • On 2015-07-01 a mortgage on this property was transferred from L.L.C. Starwood Property Mortgage Sub-2 to National Association Wells Fargo Bank. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2015-07-15. Parties: L.L.C. Starwood Property Mortgage Sub-2, National Association Wells Fargo Bank Show Details
    • On 2015-07-01 a mortgage on this property was transferred from L.L.C. Starwood Property Mortgage Sub-2 to National Association Wells Fargo Bank. Show Details
    • Ucc 5 Correction Statement (Ucc And Federal Liens) was filed on 2015-03-04. Parties: 79 Fifth Avenue LLC, L.L.C. Starwood Property Mortgage Sub-2 Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2015-02-02. Parties: L.L.C. Starwood Property Martgage Sub-5-A, L.L.C. Starwood Property Mortgage Sub-2 Show Details
    • On 2014-12-12 a mortgage on this property was transferred from L.L.C. Starwood Property Martgage Sub-5-A to L.L.C. Starwood Property Mortgage Sub-2. Show Details
    • On 2014-12-12 a mortgage on this property was transferred from L.L.C. Starwood Property Mortgage Sub-5-A to L.L.C. Starwood Property Mortgage Sub-2. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2015-01-09. Parties: 79 Fifth Avenue LLC, Starwood Property Mortgage Sub5A LLC Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2015-01-02. Parties: L.L.C. Starwood Property Mortgage Sub-5-A, L.L.C. Starwood Property Mortgage Sub-2 Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2014-12-16. Parties: 79 Fifth Avenue LLC, Starwood Property Mortgage Sub5A LLC, Starwood Property Mortgage Sub2 LLC Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2014-12-16. Parties: 79 Fifth Avenue LLC, Starwood Property Mortgage Sub5A LLC, Starwood Property Mortgage Sub2 LLC Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2012-02-10. Parties: N.A. Citibank, L.L.C. Starwood Property Mortgage Sub-5-A Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2012-02-10. Parties: N.A. Citibank, L.L.C. Starwood Property Mortgage Sub-5-A Show Details
    • On 2011-12-30 a mortgage on this property was transferred from N.A. Citibank to L.L.C. Starwood Property Mortgage Sub-5-A. Show Details
    • On 2011-12-30 a mortgage on this property was transferred from N.A. Citibank to L.L.C. Starwood Property Mortgage Sub-5-A. Show Details
    • Initial UCC1 dated 2012-01-31, Debtor: 79 Fifth Avenue LLC, Secured Party: L.L.C. Starwood Property Mortgage Sub-5-A, Assignee: Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2012-01-06. Parties: 79 Fifth Avenue, LLC, N.A. Citibank, L.L.C. Starwood Property Mortgage Sub-5-A Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2009-12-09. Parties: 79 Fifth Avenue LLC, N.A. Citibank Show Details
    • Mortgage Agreement for $30,000,000.00 dated 2005-04-22 between 79 Fifth Avenue LLC and N.A. Citibank Show Details
    • An Assignment of Leases and Rents was granted to N.A. Citibank by 79 Fifth Avenue LLC or 2005-04-22 Show Details
    • 79 Fifth Avenue LLC took a mortgage for $30,000,000.00 from N.A. Citibank on 2004-09-22. Show Details
    • Initial UCC1 dated 2005-06-03, Debtor: 79 Fifth Avenue, LLC, Secured Party: N.A. Citibank, Assignee: Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2004-12-02. Parties: Show Details
    • 79 Fifth Avenue LLC granted an easement to National Architectural Trust, INC on 2004-10-12. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2004-11-04. Parties: Show Details
    • An Assignment of Leases and Rents was granted to N.A. Citibank by 79 Fifth Avenue, LLC or 2004-09-22 Show Details
    • Mortgage Agreement for $35,000,000.00 dated 2004-09-22 between and Show Details
    • 79 Fifth Avenue, LLC took a mortgage for $25,500,000.00 from N.A. Citibank on 2004-09-22. Show Details
    • UCC3 Termination dated 2004-10-21, Debtor: Rouhollah Kalimian, Secured Party: N.A. Citibank, Assignee: Show Details
    • Initial UCC1 dated 2004-10-21, Debtor: 79 Fifth Avenue, LLC, Secured Party: N.A. Citibank, Assignee: Show Details
    • Rouhollah Kalimian sold this property to Trustee Rouhollah Kalimian for $13,406,250.00 on 2004-08-02. Show Details
    • Victoria Kalimian sold this property to Trustee Rouhollah Kalimian for $13,406,250.00 on 2004-08-02. Show Details
    • L.P. A&R Kalimian Realty sold this property to 79 Fifth Avenue LLC for $0.00 on 2004-08-02. Show Details
    • Subordination Of Mortgage (Mortgages & Instruments) was filed on 2004-08-31. Parties: Show Details
    • granted an easement to on 2003-12-23. Show Details
    • Mortgage Agreement for $8,075,000.00 dated 2003-10-17 between L.P. A & R Kalimian Realty and N.A. Citibank Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2001-02-06. Parties: L.P. A& R Kalimian Realty, N.A. Citibank Show Details
    • UCC3 Termination dated 2000-12-13, Debtor: Albert Kalimian, Secured Party: Citibank, NA, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 2000-12-04 between N.A. Citibank and Structure Inc. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1999-01-15. Parties: Rouhollah Kalimian, Citibank, NA Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1999-01-15. Parties: Albert Kalimian, Citibank, NA Show Details
    • Mortgage Agreement for $0.00 dated 1998-07-08 between Fallon Mcelligott Berlin LLC and N.A. Citibank Show Details
    • Mortgage Agreement for $0.00 dated 1997-06-26 between Inc. Structure and Citibank, NA Show Details
    • Initial UCC1 dated 1996-08-01, Debtor: L.P. A& R Kalimian Realty, Secured Party: N.A. Citibank, Assignee: Show Details
    • On 1996-07-24 a mortgage on this property was transferred from L.P. A & R Kalimian Realty to Citibank, NA. Show Details
    • Mortgage Agreement for $0.00 dated 1996-07-24 between L.P. A & R Kalimian Realty and Citibank, NA Show Details
    • Initial UCC1 dated 1995-08-11, Debtor: Addison Design Company, INC & Sfb Company, Secured Party: Wtw Investments Ltd, Assignee: Show Details
    • Initial UCC1 dated 1995-08-11, Debtor: Sfb Company & Addison Design Company Inc, Secured Party: Wtw Investments Ltd & Ltd 795 Investments & Barbara Segal, Assignee: Show Details
    • Albert Kalimian & Rouhollah Kalimian sold this property to L.P. A&R Kalimian Realty for $0.00 on 1995-05-09. Show Details
    • Initial UCC1 dated 1995-03-28, Debtor: Sfb Company & Addison Design Company Inc., Secured Party: Wtw Investments Ltd., Assignee: Show Details
    • Initial UCC1 dated 1995-03-23, Debtor: Sfb Company & Addison Design Company Inc, Secured Party: Barbara Segal, Assignee: Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 1994-03-15. Parties: Albert Kalimian, Willimas Real Estateco. Inc. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1994-03-01. Parties: Albert Kalimian, Citibank, NA Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1994-03-01. Parties: Rouhollah Kalimian, Citibank, NA Show Details
    • UCC3 Amendment dated 1993-01-11, Debtor: Anderson & Lembke, INC, Secured Party: Chemical Bank, Assignee: Show Details
    • Initial UCC1 dated 1992-11-05, Debtor: Inc. Anderson & Lembke, Secured Party: Chemical Bank, Assignee: Show Details
    • Initial UCC1 dated 1992-05-15, Debtor: A & L Advertising, INC, Secured Party: Chemical Bank, Assignee: Show Details
    • A Miscellaneous legal document filed on 1989-10-13. Parties: Landmarks Prsvn Cmmsn Show Details
    • Albert Kalimian & Rouhollah Kalimian took a mortgage for $20,390,255.46 from Citibank N.A on 1989-05-15. Show Details
    • On 1989-05-15 a mortgage on this property was transferred from Albert Kalimian to Citibank N.A. Show Details
    • On 1989-05-15 a mortgage on this property was transferred from American Savs Bank to Albert Kalimian. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1989-05-12. Parties: Albert Kalimian, N.A. Citibank Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1989-05-12. Parties: Roouthollah Kalimian, N.A. Citibank Show Details
    • Initial Coop UCC1 dated 1989-05-12, Debtor: Albert Kalimian, Secured Party: Citibank, NA, Assignee: Show Details
    • Initial Coop UCC1 dated 1989-05-12, Debtor: Rouhollah Kalimian, Secured Party: Citibank, NA, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1979-05-04 between Albert Kaliman & Roy Kaliman and Empire Savings Bank Show Details
    • 79 Fifth Ave Co sold this property to Albert Kalimian & Rouhollah Kalimian for $0.00 on 1978-02-08. Show Details
    • 79 Fifth Ave Co sold this property to Orda Service Corp for $0.00 on 1973-07-10. Show Details
    • Mortgage Agreement for $0.00 dated 1973-07-02 between Orda Service Corp and Empire Savings Bank Show Details
    • Orda Service Corp sold this property to 79 Fifth Ave Co for $0.00 on 1973-07-02. Show Details

    Lot

    Address
    79 5th Ave, 10003
    Square Footage
    16,825
    Lot Type
    Corner
    Dimensions
    106.5ft x 159.0ft
    BBL
    1008430045

    Neighborhood

    Neighborhood
    NeighborhoodContent object
    Historic District
    Ladies' Mile
    Community District
    05
    City Council
    2
    Police Precinct
    13
    Fire Company
    L003
    School District
    2
    Census Tract
    52

    Zoning

    Zoning District
    C6-4M
    Commercial Overlay
    N/A
    Split Zoning
    Yes
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $30,000,000
    MV Total
    $103,427,000
    AV Land
    $13,500,000
    AV Total
    $46,542,150

    Floor Area Ratio

    Built FAR
    16.2

    Residential
    Zoned FAR 10.0
    Max 168,250.0 sq. ft.
    Remaining -104,316.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 168,250.0 sq. ft.
    Remaining -104,316.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 168,250.0 sq. ft.
    Remaining -104,316.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Bank Building - Designed Exclusively For Banking
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1906
    Alterations
    N/A
    Floors
    16.0
    Residential Units
    0
    Total Units
    47
    Floor Area
    272566
    Basement
    Full Basement Below Grade
    Proximity
    Attached

    Crime

    This property is located in the 13th Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the 13th Precinct saw 1756 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

    Low
    In 2015 the 13th Precinct saw 390 felony violent crimes (Murder, Rape, Robbery and Felony Assault) committed per 100,000 residents**. This is lower 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