New York City  »  10016  »  5th Ave  »  251 5th Ave

251 5th Avenue, New York, NY 10016 Property Information

Also known as: 1 E 28th St, New York, NY 10016

251 5th Avenue, New York, NY 10016 Property Information

Also known as: 1 E 28th St, New York, NY 10016

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
Unlock this property report with a free account.

Access up-to-date information from property owner names to sales history, tax info, title documents, mortgages, development, maps, permits and more.
Sign Up Now
Research 100M+ property records powered by:
  • 2000+ governmental and public data sources
  • 80 dedicated analysts and researchers
  • 20+ years of real estate experience
Learn More

Photo & Map Show Hide

251 5th Avenue, New York, NY 10016 2
static Mapbox map

Address

Primary address 251 5th Avenue
Secondary address 1 E 28th St
Neighborhood NoMad
Zip code 10016
Borough Manhattan
Block & lot 00858-0001

Sales & Tax Overview for 251 5th Avenue, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class
Estimated property tax $562,858

Lot & Building Information for 251 5th Avenue, New York

Lot sqft 7,425
Lot dimensions 49.58 ft x 125 ft
Building class Office with Commercial 7-19 Stories (O6)
Building sqft 48,535
Building dimensions 50 ft x 125 ft
Buildings on lot 2
Stories 7
Year built 1916
Unlock this property report with a free account.

Access up-to-date information from property owner names to sales history, tax info, title documents, mortgages, development, maps, permits and more.
Sign Up Now

Zoning & Use for 251 5th Avenue, New York

Zoning
Commercial units 24
Office sqft
Retail sqft
Conversion feasibility index

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 5
Closest police station 0.61 Miles
Closest fire station 0.33 Miles

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

Other Property Data for 251 5th Avenue, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 251 5th Avenue, New York, NY 10016, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 251 5th Avenue, New York, NY 10016, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 1 E 28th St, New York, NY 10016
  • 253 5th Ave, New York, NY 10016

About 251 5th Avenue, New York

How many square feet does 251 5th Avenue, New York, NY 10016 have?

This Office with Commercial 7-19 Stories (O6) located at 251 5th Avenue, New York, NY 10016 has a total of 48,535 square feet.

What is the year built & the current market value of 251 5th Avenue, New York, NY 10016?

251 5th Avenue, New York, NY 10016 was built in 1916 and has a current tax assessor's market value of $12,398,000.

How many commercial spaces does this building have?

This building has 24 commercial spaces available for lease.

Ownership Information for 251 5th Avenue, New York

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.

Property owner name for 251 5th Avenue, New York, NY 10016
Find out who owns 251 5th Avenue, New York, NY 10016.
Sign Up
Building contacts for 251 5th Avenue, New York, NY 10016
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
Explore the key features that professionals should look for when investing in a data provider for commercial real estate comps, follow our step-by-step guide on how to leverage PropertyShark to find comparables, and discover the most frequently asked questions on the topic.
Research 100M+ property records powered by:
  • 2000+ governmental and public data sources
  • 80 dedicated analysts and researchers
  • 20+ years of real estate experience
Learn More

Past Sales & Property History for 251 5th Avenue, New York

Create a free account to view the complete sales history for 251 5th Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 251 5th Avenue, New York

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.

Date Type Amount Party 1 Party 2 Doc image
12/13/2022 - R UCC3 Termination
(2022120700190005)
12/01/2022 - R Initial UCC1
(2022120100928001)
11/30/2022 - D
12/13/2022 - R
Assignment of Leases and Rents
(2022120700190004)
11/30/2022 - D
12/13/2022 - R
Agreement
(2022120700190003)
11/30/2022 - D
12/13/2022 - R
Mortgage
(2022120700190002)
11/30/2022 - D
12/13/2022 - R
Assignment, Mortgage
(2022120700190001)
08/11/2020 - R UCC3 Continuation
(2020081000907001)
10/05/2015 - R UCC3 Termination
(2015092100237004)
09/29/2015 - R Initial UCC1
(2015092300991001)
09/17/2015 - D
10/05/2015 - R
Termination of Assign of L&R
(2015092100237003)
Unlock title documents, including buyer and seller information (when available).
Sign up

R: Recorded date
D: Document date

Property Taxes for 251 5th Avenue, New York

Access detailed property tax data for 251 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: $531,841
Estimated property tax: $562,858
Tax assessor's market value: $12,398,000
Assessed value: $5,579,100

Assessment History for 251 5th Avenue, New York

Here's the assessment & property tax history for 251 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 $12,398,000 $5,579,100 $4,902,660 10.848% $531,841 $531,841 -1.29%
2024/25 $12,218,000 $5,498,100 $5,006,520 10.762% $538,802 $538,802 +32.12%
2023/24 $8,556,000 $3,850,200 $3,850,200 10.592% $407,813 $407,813 -24.77%
2022/23 $11,315,000 $5,091,750 $5,091,750 10.646% $542,068 $542,068 +12.15%
2021/22 $9,987,000 $4,494,150 $4,494,150 10.755% $483,346 $483,346 -16.53%

Permits for 251 5th Avenue, New York

The complete history of permits filed for 251 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.

Filing date Job type Job status Job description Initial cost
02/14/2026 Alteration
07/30/2024 Alteration
08/18/2023 Alteration
08/24/2021 Alteration
03/31/2021 Alteration
03/31/2021 Alteration
03/31/2021 Alteration
03/30/2021 Alteration
06/19/2019 Alteration type 2
03/12/2019 Alteration type 2
Unlock the complete permit history for 251 5th Avenue, New York with a free account.
Sign up

Manhattan Commercial Market Stats

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.

Median Price/Sqft Q1/2026
$680
4.4% YoY
Median Price/Sqft Q4/2025
$550
-15.8% YoY
Median Price/Sqft 2025
$607
-2.5% YoY

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

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station Broadway & 28th St at SE Corner
Station lines N-R
Distance (miles) 0.091
View subway map
Bus Routes
Name 5 Av/W 29 St
Line M2
Distance (miles) 0.032

Neighbors for 251 5th Avenue, New York

Here are the neighbors for 251 5th Avenue, New York, NY 10016.

Address Square feet Purchase date Purchase price
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
420 Park Ave S, New York 213,567 12/14/2017 $115,053,791
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
10 E 29th St, New York 407,555 02/19/2020 $380,600,000
80 Madison Ave, New York 60,110 12/07/2011
245 5th Ave, New York 258,639 11/01/2017 $28,050,000
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
Not sure if we cover all the data-points you need? View sample full report View sample full report