New York City  »  10036  »  5th Ave  »  576 5th Ave

576 5th Avenue, New York, NY 10036 - Property report

Also known as: 576 5th Ave

Property image for 576 5th Avenue, New York, NY 10036
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Property type

Zoned Commercial or Manhattan Residential (V1)

Lot sq. ft.

5,041

Sale price

$175,000,000

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
576 5th Avenue
Alternate address(es)
576-578 5th Ave
ZIP code
10036
Neighborhood
Central Midtown
Borough
Manhattan
Block & lot
01262-0041

Owner

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Building
Property type
Zoned Commercial or Manhattan Residential (V1)
Last altered
2023
Sales
Sale date
03/20/2025
Sale price
$175,000,000
Tax
Tax year
2026-2027
Property tax
$462,043
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Lot
Lot dimensions
50.42 ft x 100 ft
Lot sq. ft.
5,041

Area overview

Walk score
96 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
91 /100.  Biker's Paradise
School district
2
Community district
5
Closest police station
0.41 Miles
Closest fire station
0.17 Miles

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

Ownership

Ownership information for 576 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 576 5th Avenue, New York, NY 10036

Sale date Sale price Buyer name Seller name
03/20/2025 $175,000,000 XXX XXX XXX XXX, XXX
07/12/2021 $101,000,000 XXX, XXX XXXXXX XXXXXX XXXXXXXX X X.

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/21/2026 - R
05/08/2026 - D		 Subordination of Mortgage
(2026051500709002)		 XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XXXXXXX XXXXXXX XXXXXXXX XXX
05/21/2026 - R
05/08/2026 - D		 Memorandum of Lease
(2026051500709001)		 XXXX XXXXX XXX XXXXXXX XXXXXXX XXXXXXXX XXX
03/26/2026 - R
03/20/2026 - D		 Sundry Miscellaneous
(2026032400099013)		 XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
03/26/2026 - R
03/20/2026 - D		 Mortgage and Consolidation
(2026032400099012)		 XXXX XXXXX XXX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
03/26/2026 - R
03/20/2026 - D		 Declaration
(2026032400099009)		 XXXX XXXXX XXX
03/26/2026 - R
03/20/2026 - D		 Deed, Other
(2026032400099003)		 XXXX XXXXX XXX XXXX XXXXX XXX
03/26/2026 - R
03/20/2026 - D		 Deed
(2026032400099002)		 XXX XXX XXX XXXX XXXXX XXX
03/26/2026 - R
03/19/2026 - D		 Zoning Lot Description
(2026032400099007)		 XXXX XXXXX XXX
03/26/2026 - R
12/23/2025 - D		 Certificate
(2026032400099008)		 XXXXX XXXXXXXX XX XXX XXXX XXX
04/04/2025 - R UCC3 Termination
(2025032100507002)		 XXX XXX XXX XXXX XXXX XXX XXXX XXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 576 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
$462,043
Municipal exemptions
Recent tax assessments
Market value
$11,325,000
Assessed value
$5,096,250

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 $9,000,000 $4,050,000 $4,050,000 10.848% $439,344 $439,344 -52.91%
2024/25 $19,442,000 $8,748,900 $8,668,575 10.762% $932,912 $932,912 -34.50%
2023/24 $29,884,000 $13,447,800 $13,447,800 10.592% $1,424,391 $1,424,391 +5.55%
2022/23 $28,168,000 $12,675,600 $12,675,600 10.646% $1,349,444 $1,349,444 +12.20%
2021/22 $24,851,000 $11,182,950 $11,182,950 10.755% $1,202,726 $1,202,726 -17.89%
2020/21 $34,848,000 $15,681,600 $13,697,820 10.694% $1,464,845 $1,464,845 +13.66%
2019/20 $33,810,000 $15,214,500 $12,231,540 10.537% $1,288,837 $1,288,837 +20.05%
2018/19 $29,818,000 $13,418,100 $10,210,950 10.514% $1,073,579 $1,073,579 +20.06%
2017/18 $27,508,000 $12,378,600 $8,505,000 10.514% $894,216 $894,216 +23.55%
2016/17 $26,214,000 $11,796,300 $6,844,590 10.574% $723,747 $723,747 +21.79%
Permits

Permit information for 576 5th Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
05/01/2024 Alteration
04/24/2024 Alteration
04/08/2024 Alteration
04/02/2024 Full demolition
02/20/2024 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
12/01/2024 Egrade-failure to post energy grade/score none
09/23/2024 Lblvio-low pressure boiler boiler required
06/23/2024 Earcx-failure to submit eer none

*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 & 47th St at NE Corner
Station lines
B-D-F-M
Distance (miles)
0.163
View subway map

Access the detailed traffic volume map for 576 5th Avenue, New York, NY 10036 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 576 5th Avenue, New York, NY

10 W 47th St, New York 76 W 47th St, New York 562 5th Ave, New York 3 W 46th St, New York 5 W 46th St, New York 11 W 46th St, New York 30 W 47th St, New York 54 W 47th St, New York 74 W 47th St, New York 13 W 46th St, New York 574 5th Ave, New York 28 W 47th St, New York 572 5th Ave, New York 564 5th Ave, New York 7 W 46th St, New York 20 W 47th St, New York 26 W 47th St, New York 36 W 47th St, New York 2 W 47th St, New York 570 5th Ave, New York

Nearby ZIP codes for 576 5th Avenue, New York, NY

10001, New York City, NY 10018, New York City, NY 10019, 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 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 market value of 576 5th Avenue, New York, NY 10036?

The current market value of 576 5th Avenue, New York, NY 10036 is $11,325,000.

Disclaimer

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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.

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