New York City  »  10016  »  5th Ave  »  401 5th Ave

401 5th Avenue, New York, NY 10016 - Property report

Also known as: 2-4 E 37th St

Property image for 401 5th Avenue, New York, NY 10016
static Mapbox map

Property type

Office with Commercial 7-19 Stories (O6)

Year built

1906

Lot sq. ft.

17,048

Sale price

$25,000,000

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Primary address
401 5th Avenue
Alternate address(es)
2-4 E 37th St
397-409 5th Ave
ZIP code
10016
Neighborhood
Murray Hill
Borough
Manhattan
Block & lot
00866-0076

Owner

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Building
Property type
Office with Commercial 7-19 Stories (O6)
Building sq. ft.
156,751
Building dimensions
117 ft x 149 ft
Buildings on lot
1
Stories
8
Year built
1906
Building material
Sales
Sale date
05/30/2006
Sale price
$25,000,000 - M
Tax
Tax year
2026-2027
Property tax
$3,512,433
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
117 ft x 152 ft
Lot sq. ft.
17,048

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
88 /100.  Very Bikeable
School district
2
Community district
5
Closest police station
0.65 Miles
Closest fire station
0.33 Miles

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

Units for 401 5th Avenue, New York, NY

Unit Sale date Sale price
31149306 08/31/2006
Ownership

Ownership information for 401 5th Avenue, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address
Documents

Sales history for 401 5th Avenue, New York, NY 10016

Sale date Sale price Buyer name Seller name
05/30/2006 $25,000,000 XXX XXXXX XXXXXX XXXXXXXX XXX X XXXX XXXX XXX
03/08/2004 $42,000,000 XXX XXXXX XXX XXXXX X XXXX XXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
10/25/2018 - R
10/09/2018 - D		 Agreement
(2018101600995001)		 XXXXXXX XXXXX XXXXXX XXXXXXXXXXX XXX XXXXX XXX
03/04/2015 - R
02/09/2015 - D		 Asgn of Asgn of L&R
(2015022601256002)		 XXXXXXXXX XXXXXX XXXXXXX XXXXXX XXXX XXXXXXXX XXXX XXXXX XXXXXXX XXXXXXXX XX XXXXXXX
03/04/2015 - R
02/09/2015 - D		 Assignment, Mortgage
(2015022601256001)		 XXXXXXXXX XXXXXX XXXXXXX XXXXXX XXXX XXXXXXXX XXXX XXXXX XXXXXXX XXXXXXXX XX XXXXXXX
02/05/2015 - R UCC3 Termination
(2015011300550004)		 XXX XXXXX XXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
02/05/2015 - R
12/24/2014 - D		 Assignment of Leases and Rents
(2015011300550003)		 XXX XXXXX XXX XXXXXXXXX XXXXXX XXXXXXX XXXXXX XXXX
02/05/2015 - R
12/24/2014 - D		 Mortgage and Consolidation
(2015011300550002)		 XXX XXXXX XXX XXXXXXXXX XXXXXX XXXXXXX XXXXXX XXXX
02/05/2015 - R
12/24/2014 - D		 Assignment, Mortgage
(2015011300550001)		 XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX XXXXXXXXX XXXXXX XXXXXXX XXXXXX XXXX
07/09/2013 - R
10/19/2010 - D		 NYC Real Property Transfer Tax
(2013070801088001)		 XXXX XXXXXXX XXXXXXXX (XX XXX) XX XXXXXXX XXXXXXXXXX XXXX XX XXX
02/26/2010 - R UCC3 Continuation
(2010021600740001)		 XXX XXXXX XXX XXXXXXXX XXXXXXXXXX XXXXXXXXXXXX XXXXXXX XXX
01/14/2008 - R
12/21/2007 - D		 Assignment of Leases and Rents
(2007122801372009)		 XXX XXXXX XXXXXX XXX XXXXXXXXX XXXXX XXXXXXXX X X X

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 401 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
$3,512,433
Municipal exemptions
Recent tax assessments
Market value
$77,090,000
Assessed value
$34,690,500

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 $72,273,000 $32,522,850 $30,436,330 10.848% $3,301,733 $3,301,733 +1.07%
2024/25 $71,855,000 $32,334,750 $30,354,970 10.762% $3,266,802 $3,266,802 +0.36%
2023/24 $76,709,000 $34,519,050 $30,732,830 10.592% $3,255,221 $3,255,221 +0.96%
2022/23 $72,304,000 $32,536,800 $30,286,380 10.646% $3,224,288 $3,224,288 +20.02%
2021/22 $55,509,000 $24,979,050 $24,979,050 10.755% $2,686,497 $2,686,497 -17.18%
2020/21 $71,369,000 $32,116,050 $30,333,210 10.694% $3,243,833 $3,243,833 +5.27%
2019/20 $71,423,000 $32,140,350 $29,243,070 10.537% $3,081,342 $3,081,342 +4.05%
2018/19 $71,912,000 $32,360,400 $28,167,080 10.514% $2,961,487 $2,961,487 +4.05%
2017/18 $69,302,000 $31,185,900 $27,070,670 10.514% $2,846,210 $2,846,210 +4.09%
2016/17 $62,807,000 $28,263,150 $25,859,450 10.574% $2,734,378 $2,734,378 +5.85%
Permits

Permit information for 401 5th Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
07/31/2026 Alteration
07/14/2026 Alteration
07/14/2026 Alteration
07/14/2026 Alteration
04/20/2026 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
09/14/2021 E-elevator elevatorrequired
06/20/2021 Earcx-failure to submit eer none
06/29/2020 Earcx-failure to submit eer

*Most recent DOB violations on record for this property.

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
6th Ave & 35th St at NE Corner
Station lines
B-D-F-M-N-Q-R
Distance (miles)
0.214
View subway map

Access the detailed traffic volume map for 401 5th Avenue, New York, NY 10016 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

Neighbors for 401 5th Avenue, New York, NY

232 Madison Ave, New York 21 E 37th St, New York 38 E 37th St, New York 15 E 36th St, New York 13 E 37th St, New York 19 E 37th St, New York 40 Park Ave, New York 411 5th Ave, New York 46 Park Ave, New York 219-227 Madison Ave, New York 12 E 37th St, New York 218 Madison Ave, New York 240 Madison Ave, New York 233 Madison Ave, New York 220 Madison Ave, New York 229 Madison Ave, New York 9 E 37th St, New York 238 Madison Ave, New York 237 Madison Ave, New York 6 E 37th St, New York

Nearby ZIP codes for 401 5th Avenue, New York, NY

10010, New York City, NY 10017, New York City, NY 10020, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10119, New York City, NY 10152, New York City, NY 10154, New York City, NY 10165, New York City, NY 10167, New York City, NY 10169, New York City, NY 10170, New York City, NY 10171, New York City, NY 10172, New York City, NY 10173, New York City, NY 10174, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for 401 5th Avenue, New York, NY 10016?

The development at 401 5th Avenue, New York, NY 10016 was built in 1906.

What is the market value of 401 5th Avenue, New York, NY 10016?

The current market value of 401 5th Avenue, New York, NY 10016 is $77,090,000.

What is the total square footage of 401 5th Avenue, New York, NY 10016?

401 5th Avenue, New York, NY 10016 has a total of 156,751 square feet.

What is the price per square foot for this property?

$159 per square foot is the price for 401 5th Avenue, New York, NY 10016.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 17.

Disclaimer

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