Manhattan » 10036 » 5th Ave » 590 5th Ave

590 5th Avenue, New York, NY 10036 - Property report

Also known as: 588-590 5th Ave

Property image for 590 5th Avenue, New York, NY 10036

Property type

Office with Commercial 7-19 Stories (O6)

Year built

1987

Lot sq. ft.

5,496

Sale price

$90,000,000

General information

Address

Primary address

590 5th Avenue

Alternate address(es)

588-590 5th Ave
590 A 5th Ave
590 B 5th Ave

ZIP code

10036

Neighborhood

Central Midtown

Borough

Manhattan

Block & lot

01263-0038

Building

Property type

Office with Commercial 7-19 Stories (O6)

Building sq. ft.

93,123

Building dimensions

55 ft x 100 ft

Buildings on lot

Stories

Year built

1987

Last altered

2006

Building material

Sales

Sale date

11/29/2007

Sale price

$90,000,000

Tax

Tax year

2026-2027

Property tax

$2,332,432

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Commercial units

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

55.17 ft x 100 ft

Lot sq. ft.

5,496

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

Community district

Closest police station

0.39 Miles

Closest fire station

0.21 Miles

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

Ownership

Ownership information for 590 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 590 5th Avenue, New York, NY 10036

Sale date	Sale price	Buyer name	Seller name
11/29/2007	$90,000,000	XXX-XXX X XXX XXX XXX XXXX XXXXX XXXXXX XXX	XXX XXXXX XXXXXX XXX
03/01/2005	$53,500,000	XXX XXXXX XXXXXX XXX	XXX XXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
08/09/2024 - R 12/14/2023 - D	Asgn of Asgn of L&R (2024080900520004)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXX XXX XXXX XXXXXXX XXX
08/09/2024 - R 12/14/2023 - D	Assignment, Mortgage (2024080900520002)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXX XXX XXXX XXXXXXX XXX
08/09/2024 - R 03/12/2023 - D	Asgn of Asgn of L&R (2024080900520003)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXXX XXXXXX XXXX X X
08/09/2024 - R 03/12/2023 - D	Assignment, Mortgage (2024080900520001)	XXXXXXX XXXXXXX XXXXXXXXX XXXXXXXXXXX	XXXXXXXXX XXXXXX XXXX X X
08/19/2022 - R	UCC3 Termination (2022081800808006)	XXX XXXXX XXXXXXX XXX	XXX XXXXXX XXXXXXX XXX
10/18/2022 - R 08/18/2022 - D	Agreement (2022101700671001)	XXX XXXXXXXX XX XXX XXXXXXXX XXXXXXXXXX	XXXXXXXXX XXXX
08/19/2022 - R 08/12/2022 - D	Termination of Assign of L&R (2022081800808005)	XXX XXXXXX XXXXXXX XXX
08/19/2022 - R 08/12/2022 - D	Assignment of Leases and Rents (2022081800808004)	XXX XXXXX XXXXXXX XXX	XXXXXXXXX XXXX
08/19/2022 - R 08/12/2022 - D	Agreement (2022081800808003)	XXX XXXXX XXXXXXX XXX	XXXXXXXXX XXXX
08/19/2022 - R 08/12/2022 - D	Mortgage (2022081800808002)	XXX XXXXX XXXXXXX XXX	XXXXXXXXX XXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 590 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

$2,332,432

Municipal exemptions

Recent tax assessments

Market value

$50,635,000

Assessed value

$22,785,750

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	$54,423,000	$24,490,350	$20,937,520	10.848%	$2,271,302	$2,271,302	-0.69%
2024/25	$47,882,000	$21,546,900	$21,251,530	10.762%	$2,287,090	$2,287,090	-0.33%
2023/24	$48,150,000	$21,667,500	$21,664,800	10.592%	$2,294,736	$2,294,736	+5.54%
2022/23	$45,385,000	$20,423,250	$20,423,250	10.646%	$2,174,259	$2,174,259	+9.38%
2021/22	$41,073,000	$18,482,850	$18,482,850	10.755%	$1,987,831	$1,987,831	-16.05%
2020/21	$57,912,000	$26,060,400	$22,141,480	10.694%	$2,367,810	$2,367,810	+5.87%
2019/20	$48,200,000	$21,690,000	$21,226,271	10.537%	$2,236,612	$2,236,612	+4.84%
2018/19	$48,718,000	$21,923,100	$20,290,101	10.514%	$2,133,301	$2,133,301	+3.43%
2017/18	$55,181,000	$24,831,450	$19,618,081	10.514%	$2,062,645	$2,062,645	+7.81%
2016/17	$51,774,000	$23,298,300	$18,092,971	10.574%	$1,913,151	$1,913,151	+11.73%

Permits

Permit information for 590 5th Avenue, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
06/15/2026	Alteration
04/22/2026	Alteration
03/13/2026	Alteration
02/26/2026	Alteration
01/12/2026	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
	08/03/2023	Bench-failure to benchmark none
	05/03/2023	Bench-failure to benchmark none
	01/06/2021	Aeuhaz1-fail to certify class 1 none

*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

6th Ave & 48th St at SE Corner

Station lines

B-D-F-M

Distance (miles)

0.162

View subway map

Access the detailed traffic volume map for 590 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 590 5th Avenue, New York, NY

28 W 48th St, New York 30 W 48th St, New York 41 W 47th St, New York 6 W 48th St, New York 37 W 47th St, New York 592 5th Ave, New York 12 W 48th St, New York 36 W 48th St, New York 38 W 48th St, New York 43 W 47th St, New York 22 W 48th St, New York 25 W 47th St, New York 48 W 48th St, New York 21 W 47th St, New York 23 W 47th St, New York 45 W 47th St, New York 15 W 47th St, New York 29 W 47th St, New York 33 W 47th St, New York

Nearby ZIP codes for 590 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 year built for 590 5th Avenue, New York, NY 10036?

The development at 590 5th Avenue, New York, NY 10036 was built in 1987.

What is the market value of 590 5th Avenue, New York, NY 10036?

The current market value of 590 5th Avenue, New York, NY 10036 is $50,635,000.

What is the total square footage of 590 5th Avenue, New York, NY 10036?

590 5th Avenue, New York, NY 10036 has a total of 93,123 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 14.

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.