New York City  »  10019  »  5th Ave  »  700 5th Ave

Peninsula Hotel - 700 5th Avenue, New York, NY 10019 - Property report

Also known as: 692-698 5th Ave

Property image for Peninsula Hotel - 700 5th Avenue, New York, NY 10019
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Property type

Luxury Hotel (H1)

Year built

1905

Lot sq. ft.

12,552

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
Building name
Peninsula Hotel
Primary address
Peninsula Hotel - 700 5th Avenue
Alternate address(es)
2-4 W 55th St
692-698 5th Ave
696-698 5th Ave
Show all
ZIP code
10019
Neighborhood
Central Midtown
Borough
Manhattan
Block & lot
01270-0038

Owner

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Building
Property type
Luxury Hotel (H1)
Building sq. ft.
252,405
Building dimensions
100 ft x 75 ft
Buildings on lot
1
Stories
23
Year built
1905
Last altered
2008
Building material
Tax
Tax year
2026-2027
Property tax
$8,113,919
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
100.42 ft x 125 ft
Lot sq. ft.
12,552

Area overview

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

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

Ownership

Ownership information for Peninsula Hotel - 700 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 Peninsula Hotel - 700 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
01/12/2024 - R
12/31/2023 - D		 Both RPTT and RETT
(2024011101072004)		 XXXXXX X XXXXXXX XXXX XXXXXX XXXXX XXXX XXXXXXXX XXX XXX
02/06/2012 - R
12/31/2011 - D		 Both RPTT & RETT
(2012012800130005)		 XXXXXXX XXXXX X XXX X XXXXXXX XX XXXXXXX
02/06/2012 - R
12/31/2011 - D		 Both RPTT & RETT
(2012012800130004)		 XXXXXXX XXX X XXXXXX XXXXXXXXX XX XXXXXXX
02/06/2012 - R
12/31/2011 - D		 Both RPTT & RETT
(2012012800130003)		 XXXXXX XXXXX XXXXXXX XXXX XXXXXXX XX XXXXXXX
02/06/2012 - R
12/31/2011 - D		 Both RPTT & RETT
(2012012800130002)		 XXXXXXX XXXX X XXXXXXXX XXXXX XX XXXXXXX
02/06/2012 - R
12/31/2011 - D		 Both RPTT & RETT
(2012012800130001)		 XXXXX XXXXXX XXXXXXX XX XXXXXXX XXXXXXX XXXX X
01/19/2012 - R
12/24/2011 - D		 Deed
(2012010600967002)		 XXXXXXX XXXXXXX XXXXXXX XXXXX XXX XXX XXXXXX XXXX XXX XXXXX XXX
01/19/2012 - R
12/24/2011 - D		 Deed
(2012010600967001)		 XXXX XXXXXXX XXXXX XXXXXX XXX XXX XXX XXXXXXX XX XXX XXXXX XXX
01/13/2014 - R
08/11/2011 - D		 Assignment of Lease
(2014010100038001)		 XXXXXXXXX XXX XXXX XXXXXXXXXXX XXXXXXXXX XXX XXXX XXXXX XXX
04/19/2013 - R
12/08/2010 - D		 Deed
(2013040500294001)		 XXXX XXX XXXXX XXX XXXX XXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Peninsula Hotel - 700 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
$8,113,919
Municipal exemptions
Recent tax assessments
Market value
$176,449,000
Assessed value
$79,402,050

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 $182,956,000 $82,330,200 $72,318,197 10.848% $7,845,078 $7,845,078 +2.71%
2024/25 $177,999,000 $80,099,550 $70,970,498 10.762% $7,637,845 $7,637,845 +4.85%
2023/24 $172,025,000 $77,411,250 $68,775,400 10.592% $7,284,690 $7,284,690 +1.50%
2022/23 $149,809,000 $67,414,050 $67,414,050 10.646% $7,176,900 $7,176,900 +8.85%
2021/22 $136,230,000 $61,303,500 $61,303,500 10.755% $6,593,191 $6,593,191 -22.81%
2020/21 $177,486,000 $79,868,700 $79,868,700 10.694% $8,541,159 $8,541,159 +1.67%
2019/20 $177,169,000 $79,726,050 $79,726,050 10.537% $8,400,734 $8,400,734 +0.36%
2018/19 $176,920,000 $79,614,000 $79,614,000 10.514% $8,370,616 $8,370,616 +4.24%
2017/18 $176,125,000 $79,256,250 $76,373,963 10.514% $8,029,958 $8,029,958 +4.75%
2016/17 $182,037,000 $81,916,650 $72,498,383 10.574% $7,665,979 $7,665,979 +5.65%
Permits

Permit information for Peninsula Hotel - 700 5th Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
06/23/2026 Alteration
06/23/2026 Alteration
06/10/2026 Alteration
06/05/2026 Alteration
04/17/2026 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
12/01/2024 Egrade-failure to post energy grade/score none
12/01/2023 Egrade-failure to post energy grade/score none
11/15/2023 Aeuhaz1-fail to certify class 1 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
5th Ave & 53rd St at NE Corner
Station lines
E-M
Distance (miles)
0.087
View subway map

Access the detailed traffic volume map for Peninsula Hotel - 700 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 Peninsula Hotel - 700 5th Avenue, New York, NY

7 W 54th St, New York 13 W 54th St, New York 15 W 54th St, New York 5 W 54th St, New York 31 W 54th St, New York 33 W 54th St, New York 44 W 55th St, New York 1 W 54th St, New York 17 W 54th St, New York 52 W 55th St, New York 25 W 54th St, New York 10 W 55th St, New York 46 W 55th St, New York 50 W 55th St, New York 9 W 54th St, New York 20 W 55th St, New York

Nearby ZIP codes for Peninsula Hotel - 700 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 Peninsula Hotel - 700 5th Avenue, New York, NY 10019?

The development at Peninsula Hotel - 700 5th Avenue, New York, NY 10019 was built in 1905.

What is the market value of Peninsula Hotel - 700 5th Avenue, New York, NY 10019?

The current market value of Peninsula Hotel - 700 5th Avenue, New York, NY 10019 is $176,449,000.

What is the total square footage of Peninsula Hotel - 700 5th Avenue, New York, NY 10019?

Peninsula Hotel - 700 5th Avenue, New York, NY 10019 has a total of 252,405 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 9.

Disclaimer

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