Manhattan » 10001 » 5th Ave » 224 5th Ave

224 5th Avenue, New York, NY 10001 - Property report

Also known as: 224 5th Ave

Property image for 224 5th Avenue, New York, NY 10001

Property type

Office with Commercial - 1 to 6 Stories (O5)

Year built

1980

Lot sq. ft.

2,800

Sale price

$21,000,000

General information

Address

Primary address

224 5th Avenue

ZIP code

10001

Neighborhood

NoMad

Borough

Manhattan

Block & lot

00828-0039

Building

Property type

Office with Commercial - 1 to 6 Stories (O5)

Building sq. ft.

13,517

Building dimensions

28 ft x 100 ft

Buildings on lot

Stories

Year built

1980

Last altered

1982

Building material

Sales

Sale date

12/19/2017

Sale price

$21,000,000

Tax

Tax year

2026-2027

Property tax

$163,504

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

28 ft x 100 ft

Lot sq. ft.

2,800

Area overview

Walk score

100 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

91 /100. Biker's Paradise

School district

Community district

Closest police station

0.53 Miles

Closest fire station

0.33 Miles

View more such as transportation, nearby schools and risk designations.

Ownership

Ownership information for 224 5th Avenue, New York, NY

Unlock full ownership info — get contact details, including phone numbers and emails for owners and the real people behind LLCs.

Property owner name

Registered owner

Source

Deed

Owner contact information

Phone number

Owner address

Documents

Sales history for 224 5th Avenue, New York, NY 10001

Sale date	Sale price	Buyer name	Seller name
12/19/2017	$21,000,000	XXX XXX XXX XXX XXX	XXX XXXXX XXXXXXX XXXX XXX
09/20/2012	$10,000,000	XXX XXXXX XXXXXXX XXXX XXX	XXX XXXXX XXXXXX X X
04/11/2006	$13,000,000	XXX XXXXX XXXXXX, X.X.	XXXXXXXXXX, XXXXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
12/22/2017 - R 12/19/2017 - D	Deed (2017122100836001)	XXX XXXXX XXXXXXX XXXX XXX	XXX XXX XXX XXX XXX
10/17/2012 - R 09/20/2012 - D	Termination of Assign of L&R (2012100101471003)	XXX XXXXX XXXXXX X X	XXXXXXXXX XXXX
10/17/2012 - R 09/20/2012 - D	Release (2012100101471002)	XXX XXXXX XXXXXX X X	XXXXXXXXX XXXX
10/17/2012 - R 09/20/2012 - D	Deed (2012100101471001)	XXX XXXXX XXXXXX X X	XXX XXXXX XXXXXXX XXXX XXX
11/30/2010 - R 11/23/2010 - D	Landmark Designation (2010113000093001)	XXXXXXXXX XXXXXXXXXXXX XXXX XX XXX XXXX XX XX
01/19/2007 - R 01/16/2007 - D	Zoning Lot Description (2007011701457001)	XXX XXXXX XXXXXX XX
06/15/2006 - R 04/11/2006 - D	Initial UCC1 (2006041700254009)	XXX XXXXX XXXXXX XX	XXXXX XXXXXXXX XXXXXXX XXXX XXX
06/15/2006 - R 04/11/2006 - D	Assignment of Leases and Rents (2006041700254008)	XXXXX XXXXXXXX XXXXXXX XXXX XXX	XXX XXXXX XXXXXX XX
06/15/2006 - R 04/11/2006 - D	Agreement (2006041700254007)	XXX XXXXX XXXXXX XX	XXXXX XXXXXXXX XXXXXXX XXXX XXX
06/15/2006 - R 04/11/2006 - D	Mortgage (2006041700254006)	XXX XXXXX XXXXXX XX	XXXXX XXXXXXXX XXXXXXX XXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 224 5th Avenue, New York, NY

Property tax data includes tax amount, market value and assessed value, exemptions, abatements and assessment history.

Current property tax

Tax year

2025-2026

Property tax

$163,504

Municipal exemptions

Recent tax assessments

Market value

$3,513,000

Assessed value

$1,580,850

More about New York City property taxes

Assessment history

See the assessment and property tax history, including the evolution of the total tax rate and corresponding property tax amount.

Tax year	Market value	Assessed value	Taxable amount	Tax rate	Base tax	Property tax	Y-o-Y change
2025/26	$3,431,000	$1,543,950	$1,483,020	10.848%	$160,878	$160,878	+1.17%
2024/25	$3,382,000	$1,521,900	$1,477,620	10.762%	$159,021	$159,021	+3.82%
2023/24	$3,320,000	$1,494,000	$1,446,120	10.592%	$153,173	$153,173	+3.11%
2022/23	$3,101,000	$1,395,450	$1,395,450	10.646%	$148,560	$148,560	-0.77%
2021/22	$3,244,000	$1,459,800	$1,392,030	10.755%	$149,713	$149,713	+3.92%
2020/21	$3,371,000	$1,516,950	$1,347,120	10.694%	$144,061	$144,061	+5.56%
2019/20	$3,032,000	$1,364,400	$1,295,190	10.537%	$136,474	$136,474	+2.74%
2018/19	$3,022,000	$1,359,900	$1,263,420	10.514%	$132,836	$132,836	+10.10%
2017/18	$2,798,000	$1,259,100	$1,147,500	10.514%	$120,648	$120,648	+12.11%
2016/17	$2,745,000	$1,235,250	$1,017,720	10.574%	$107,614	$107,614	+5.99%

Permits

Permit information for 224 5th Avenue, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
07/11/2025	Alteration
07/03/2025	Alteration
07/03/2025	Alteration
06/27/2021	Alteration
06/03/2021	Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID	Issue date	Type	Status
	08/11/2021	E-elevator elevatorrequired
	08/11/2021	E-elevator elevatorrequired
	07/28/2020	E-elevator elevatorrequired

*Most recent DOB violations on record for this property.

Listings

Neighborhood

Manhattan commercial market stats

Review a detailed real estate market overview of Manhattan and assess current trends, property values, property types sold and transaction volumes. View the median price per square foot in Manhattan and compare it to other New York City boroughs.

Q2 2026 median price/sq. ft.

$729

10.4% Y-o-Y

Q1 2026 median price/sq. ft.

$807

22.4% Y-o-Y

2025 median price/sq. ft.

$630

-8.1% Y-o-Y

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

Create a free account to unlock expanded risk information, such as crime incidents in the area, tsunami and landslides risks, or its location relative to FEMA flood zones and the Coastal Barriers Resources System Area (COBRA).

FEMA flood zones

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

Broadway & 28th St at SE Corner

Station lines

N-R

Distance (miles)

0.084

View subway map

Access the detailed traffic volume map for 224 5th Avenue, New York, NY 10001 to see estimated average daily traffic on streets surrounding the property as well as the types of properties in its vicinity. View daily traffic map

Nearby ZIP codes for 224 5th Avenue, New York, NY

10010, New York City, NY 10011, New York City, NY 10014, New York City, NY 10016, New York City, NY 10018, New York City, NY 10019, New York City, NY 10020, New York City, NY 10036, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10119, New York City, NY 10165, New York City, NY 10169, New York City, NY 10170, New York City, NY 10173, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for 224 5th Avenue, New York, NY 10001?

The development at 224 5th Avenue, New York, NY 10001 was built in 1980.

What is the market value of 224 5th Avenue, New York, NY 10001?

The current market value of 224 5th Avenue, New York, NY 10001 is $3,513,000.

What is the total square footage of 224 5th Avenue, New York, NY 10001?

224 5th Avenue, New York, NY 10001 has a total of 13,517 square feet.

What is the price per square foot for this property?

$1,553 per square foot is the price for 224 5th Avenue, New York, NY 10001.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 6.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.