| Primary address | 245 5th Avenue |
| Secondary address | 2 E 28th St |
| Neighborhood | NoMad |
| Zip code | 10016 |
| Borough | Manhattan |
| Block & lot | 00857-0076 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 11/01/2017 |
| Purchase price | $28,050,000 |
| Tax class | Register |
| Estimated property tax | $5,047,037 |
| Lot sqft | 11,100 |
| Lot dimensions | |
| Building class | Office Only with or without Commercial - 20 Stories or More (O4)
|
| Building sqft | 258,639 |
| Building dimensions |
| School district | 2 |
| Community district | 5 |
| Closest police station | 0.60 Miles |
| Closest fire station | 0.33 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:
You will find all alternate addresses for the property in this section.
This Office Only with or without Commercial - 20 Stories or More (O4) located at 245 5th Avenue, New York, NY 10016 has a total of 258,639 square feet and a current price per square foot of $108.
What is the year built & the current market value of 245 5th Avenue, New York, NY 10016?245 5th Avenue, New York, NY 10016 was built in 1927 and has a current tax assessor's market value of $102,514,000.
How many commercial spaces does this building have?This building has 73 commercial spaces available for lease. There are 10 active listings at this address.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
| Listing type | For Lease |
|---|---|
| Last updated | 05/05/2026 |
| Lot size | 0.25 Acre |
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 245 5th Avenue 6th Floor | General Office | Listing price not available | 13,627 | Scott J. Klau Erik S. Harris Zachary A. Weil Cole Gendels Ben Klau |
| 245 5th Avenue 5th Floor | General Office | Listing price not available | 13,627 | Scott J. Klau Erik S. Harris Zachary A. Weil Cole Gendels Ben Klau |
| 245 5th Avenue #1003 | General Office | Listing price not available | 2,141 | Scott J. Klau Erik S. Harris Zachary A. Weil Cole Gendels Ben Klau |
| 245 5th Avenue 7th Floor | General Office | Listing price not available | 13,627 | Omar Sozkesen |
| 245 5th Avenue 8th Floor | General Office | Listing price not available | 13,627 | Omar Sozkesen |
| 245 5th Avenue 18th Floor | General Office | Listing price not available | 13,627 | Omar Sozkesen |
| 245 5th Avenue 19th Floor | General Office | Listing price not available | 11,933 | Omar Sozkesen |
| 245 5th Avenue 12th Floor | General Office | Listing price not available | 5,385 | Omar Sozkesen |
| Listing type | For Lease |
|---|---|
| Listing date | 04/16/2026 |
| Last updated | 05/14/2026 |
S/E/C East 28th StreetEntire 17th floor | 13,627 RSF Sublease through July 30, 2030
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| Entire 17th Floor | General Office | Listing price not available | 13,627 | Justin Myers |
Create a free account to view the complete sales history for 245 5th Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
*Here are the three most recent sales for this property.
To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.
R: Recorded date
D: Document date
Access detailed property tax data for 245 5th Avenue, New York, NY 10016. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $5,004,323 |
| Estimated property tax: | $5,047,037 |
| Tax assessor's market value: | $102,514,000 |
| Assessed value: | $46,131,300 |
Here's the assessment & property tax history for 245 5th Avenue, New York, including the evolution of the total tax rate and corresponding property tax.
| Year | Market value | Assessed value | Taxable | Tax rate % | Base tax | Property tax | Year over year change |
|---|---|---|---|---|---|---|---|
| 2025/26 | $102,514,000 | $46,131,300 | $46,131,300 | 10.848% | $5,004,323 | $5,004,323 | +1.74% |
| 2024/25 | $101,561,000 | $45,702,450 | $45,702,450 | 10.762% | $4,918,498 | $4,918,498 | -6.99% |
| 2023/24 | $118,316,000 | $53,242,200 | $49,924,680 | 10.592% | $5,288,022 | $5,288,022 | +5.30% |
| 2022/23 | $111,522,000 | $50,184,900 | $47,172,300 | 10.646% | $5,021,963 | $5,021,963 | +6.46% |
| 2021/22 | $98,714,000 | $44,421,300 | $43,861,110 | 10.755% | $4,717,262 | $4,717,262 | +2.91% |
The complete history of permits filed for 245 5th Avenue, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.
Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.
Check out recently sold homes in Manhattan and see how their prices compare.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | Broadway & 28th St at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | N-R | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.089 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 5 Av/E 28 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | X7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for 245 5th Avenue, New York, NY 10016.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 251 5th Ave, New York | 48,535 | 08/27/2014 | |
| 255 5th Ave, New York | 30,000 | 05/03/2019 | |
| 37 E 28th St, New York | 34,000 | 11/18/2020 | |
| 62 Madison Ave, New York | 24,608 | 10/10/2013 | $28,450,000 |
| 4 E 28th St, New York | 69,289 | 10/31/1988 | |
| 14 E 28th St, New York | 187,041 | 01/17/2019 | $2,450,000 |
| 72 Madison Ave, New York | 58,500 | 05/22/2015 | |
| 35 E 28th St, New York | 3,849 | 03/14/2014 | $31,000,000 |
| 79 Madison Ave, New York | 224,449 | 11/01/2017 | $28,050,000 |
| 1 E 27th St, New York | 11,481 | 05/14/1998 | |
| 41 E 28th St, New York | 26,615 | 02/26/1980 | |
| 45 E 28th St, New York | 7,150 | 03/21/2017 | $6,050,000 |
| 386 Park Ave S, New York | 232,133 | 12/05/2019 | |
| 7 E 27th St, New York | 53,038 | 12/17/2012 | |
| 235 5th Ave, New York | 16,614 | 07/08/2024 | $8,750,000 |
| 10 E 29th St, New York | 407,555 | 02/19/2020 | $380,600,000 |
| 80 Madison Ave, New York | 60,110 | 12/07/2011 | |
| 63 Madison Ave, New York | 702,793 | 01/01/2013 | $85,754,263 |
| 66 Madison Ave, New York | 140,000 | 07/12/2004 | $195,000 |
