New York City  »  10019  »  5th Ave  »  640 5th Ave

640 Fifth Avenue - 640 5th Avenue, New York, NY 10019 - Property report

Also known as: 640 5th Ave

Property image for 640 Fifth Avenue - 640 5th Avenue, New York, NY 10019
static Mapbox map

Property type

Office Only with or without Commercial - 20 Stories or More (O4)

Year built

1940

Lot sq. ft.

16,673

General information

Unlock this property report with a free account

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

Address
Building name
640 Fifth Avenue
Primary address
640 Fifth Avenue - 640 5th Avenue
Alternate address(es)
1 W 51st St
ZIP code
10019
Neighborhood
Central Midtown
Borough
Manhattan
Block & lot
01267-0034

Owner

Find out who owns 640 Fifth Avenue - 640 5th Avenue, New York, NY 10019. Uncover corporate and individual owners with a free account.

Building
Property type
Office Only with or without Commercial - 20 Stories or More (O4)
Building sq. ft.
277,684
Building dimensions
103 ft x 150 ft
Buildings on lot
1
Stories
21
Year built
1940
Last altered
2014
Building material
Sales
Sale date
11/01/2017
Sale price
$28,050,000 - M
Tax
Tax year
2026-2027
Property tax
$17,320,524
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
103.42 ft x 150 ft
Lot sq. ft.
16,673

Area overview

Walk score
97 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
90 /100.  Biker's Paradise
School district
2
Community district
5
Closest police station
0.35 Miles
Closest fire station
0.38 Miles

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

Ownership

Ownership information for 640 Fifth Avenue - 640 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 640 Fifth Avenue - 640 5th Avenue, New York, NY 10019

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
04/16/2026 - R
03/18/2026 - D		 Memorandum of Lease
(2026041600102001)		 XXX XXXXX XXXXXX XXXXX XXX XXX XXXXX XXXXXX XXXX XXXXXX XXXXXXXX XXX
04/06/2026 - R
03/18/2026 - D		 Agreement
(2026032600732014)		 XXX XXX XXXXXXXXXX XXXXX XXX XXX XXXX XXXXXXX XXX
04/06/2026 - R
03/18/2026 - D		 Agreement
(2026032600732013)		 XXX XXXXX XXXXXX XXXX XXXXXX XXXXXXXX XXX XXX XXX XXXXXXXXXX XXXXX
04/06/2026 - R
03/18/2026 - D		 Mortgage
(2026032600732011)		 XXX XXXXX XXXXXX XXXX XXXXXX XXXXXXXX XXX XXX XXX XXXXXXXXXX XXXXX
11/06/2024 - R UCC3 Assignment
(2024110400962006)		 XXX XXXXX XXXXXX XXXXX XXX XXXX XX XXXXXXXX
11/06/2024 - R UCC3 Assignment
(2024110400962003)		 XXX XXXXX XXXXXX XXXXX XXX XXXXXX XXXXXXX XXXX X X
11/06/2024 - R
08/14/2024 - D		 Asgn of Asgn of L&R
(2024110400962005)		 XXXX XX XXXXXXXX XXXXXXXXXXXXX XXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX
11/06/2024 - R
08/14/2024 - D		 Assignment, Mortgage
(2024110400962004)		 XXXX XX XXXXXXXX XXXXXXXXXXXXX XXXXX XXXXXXX XXXXXXXX XXXXXXXXXXX
11/06/2024 - R
08/14/2024 - D		 Asgn of Asgn of L&R
(2024110400962002)		 XXXXXX XXXXXXX XXXX X X XXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX
11/06/2024 - R
08/14/2024 - D		 Assignment, Mortgage
(2024110400962001)		 XXXXXX XXXXXXX XXXX X X XXXXXX XXXXXXX XXXXXXXX XXXXXXX XXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 640 Fifth Avenue - 640 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
$17,320,524
Municipal exemptions
Recent tax assessments
Market value
$397,696,000
Assessed value
$178,963,200

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 $380,781,000 $171,351,450 $163,571,490 10.848% $17,744,235 $15,899,506 +8.49%
2024/25 $375,337,000 $168,901,650 $159,026,310 10.762% $17,114,411 $14,654,772 +7.48%
2023/24 $372,887,000 $167,799,150 $152,199,004 10.592% $16,120,919 $13,634,508 +7.21%
2022/23 $373,326,000 $167,996,700 $142,818,098 10.646% $15,204,415 $12,718,004 +8.67%
2021/22 $315,130,000 $141,808,500 $131,934,232 10.755% $14,189,527 $11,703,116 -13.01%
2020/21 $330,279,000 $148,625,550 $125,805,504 10.694% $13,453,641 $13,453,641 +15.56%
2019/20 $284,473,000 $128,012,850 $110,490,680 10.537% $11,642,403 $11,642,403 +6.52%
2018/19 $253,156,000 $113,920,200 $103,956,860 10.514% $10,930,024 $10,930,024 +7.83%
2017/18 $236,635,000 $106,485,750 $96,409,800 10.514% $10,136,526 $10,136,526 +8.71%
2016/17 $231,188,000 $104,034,600 $88,178,039 10.574% $9,323,946 $9,323,946 +11.22%
Permits

Permit information for 640 Fifth Avenue - 640 5th Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
08/03/2026 Alteration
08/03/2026 Alteration
07/02/2026 Alteration
07/02/2026 Alteration
07/02/2026 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
10/31/2019 E-elevator
10/31/2019 E-elevator
10/31/2019 E-elevator

*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
5th Ave & 53rd St at SW Corner
Station lines
E-M
Distance (miles)
0.076
View subway map

Access the detailed traffic volume map for 640 Fifth Avenue - 640 5th Avenue, New York, NY 10019 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 640 Fifth Avenue - 640 5th Avenue, New York, NY

37 W 53rd St, New York 35 W 53rd St, New York 1290 Avenue of the Americas, New York 608 5th Ave, New York 604 5th Ave, New York 1330 Avenue of the Americas, New York 41 W 53rd St, New York 600 5th Ave, New York 51 W 52nd St, New York 25 W 52nd St, New York 1258 Avenue of the Americas, New York 39 W 53rd St, New York 75 Rockefeller Plz, New York 1260 Avenue of the Americas, New York 610 5th Ave, New York 21 W 52nd St, New York 45 W 53rd St, New York 680 5th Ave, New York 3 W 51st St, New York 7 W 51st St, New York

Nearby ZIP codes for 640 Fifth Avenue - 640 5th Avenue, New York, NY

10001, New York City, NY 10018, New York City, NY 10020, New York City, NY 10023, New York City, NY 10036, New York City, NY 10069, 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 10171, New York City, NY 10172, New York City, NY 10173, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for 640 Fifth Avenue - 640 5th Avenue, New York, NY 10019?

The development at 640 Fifth Avenue - 640 5th Avenue, New York, NY 10019 was built in 1940.

What is the market value of 640 Fifth Avenue - 640 5th Avenue, New York, NY 10019?

The current market value of 640 Fifth Avenue - 640 5th Avenue, New York, NY 10019 is $397,696,000.

What is the total square footage of 640 Fifth Avenue - 640 5th Avenue, New York, NY 10019?

640 Fifth Avenue - 640 5th Avenue, New York, NY 10019 has a total of 277,684 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 27.

Disclaimer

Copyright 2003-2026 by PropertyShark.com

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.

Sign up for a free account