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718 5th Avenue, New York, NY 10019

718 5th Avenue, New York, NY 10019

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  • Documents
  • Tax
  • Permits
  • Neighborhood
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Address

Primary address 718 5th Avenue
Neighborhood Central Midtown
Zip code 10019
Borough Manhattan
Block & lot 01271-0041

Sales & Tax Overview for 718 5th Avenue, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Purchase date 09/10/2014
Purchase price $63,750,000
Tax class

Lot & Building Information for 718 5th Avenue, New York

Lot sqft 2,700
Lot dimensions 27 ft x 100 ft
Building class Office with Commercial - 1 to 6 Stories (O5) i
Building sqft 16,200
Building dimensions 27 ft x 100 ft
Buildings on lot 1
Stories 5
Year built 1937
Construction type

Zoning & Use for 718 5th Avenue, New York

Zoning
Commercial units 1
Office sqft
Retail sqft

Area Overview

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

School district 2
Community district 5
Closest police station 0.41 Miles
Closest fire station 0.41 Miles
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Other Property Data for 718 5th Avenue, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for 718 5th Avenue, New York, NY 10019, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for 718 5th Avenue, New York, NY 10019, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 718 5th Avenue, New York

How many square feet does 718 5th Avenue, New York, NY 10019 have?

This Office with Commercial - 1 to 6 Stories (O5) located at 718 5th Avenue, New York, NY 10019 has a total of 16,200 square feet.

What is the year built & the current market value of 718 5th Avenue, New York, NY 10019?

718 5th Avenue, New York, NY 10019 was built in 1937 and has a current tax assessor's market value of $101,950,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information

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Property owner for 718 5th Avenue, New York, NY 10019
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Building contacts for 718 5th Avenue, New York, NY 10019
Building management:
Representatives (from permits):
Tenants:


Real Estate Reports:
Eliza Theiss, Jul 03, 2024 2024 Q2 Foreclosure Report: Queens & Brooklyn Claim 70% of City’s Caseload
NYC foreclosures remained flat in Q2, up just 1% Y-o-Y, with Queens accounting for 44% of all cases, while the Bronx had just 33 cases.
Eliza Theiss, Jun 27, 2024 Future Trends: Visualizing NYC’s Real Estate Developments with PropertyShark’s Construction Pipeline Feature
Visualize and analyze all NYC real estate developments, from prospective or planned projects to ongoing and even recently completed construction.

Past Sales & Property History for 718 5th Avenue, New York

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Purchase date Purchase price Buyer name Seller name
09/10/2014 $63,750,000
04/18/2014 $391,250,000
06/24/2008 $62,979,370
       
       
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*Here are the three most recent sales for this property.

Title Documents for 718 5th Avenue, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
12/31/2021 - D
01/12/2022 - R
Easement
(2022010401372001)
10/26/2021 - D
12/20/2021 - R
Both RPTT and RETT
(2021120801416001)
10/22/2021 - D
01/27/2022 - R
Both RPTT and RETT
(2022011801814001)
10/04/2021 - D
12/20/2021 - R
Both RPTT and RETT
(2021120801432001)
09/28/2021 - D
11/03/2021 - R
Deed
(2021100501405002)
09/28/2021 - D
11/03/2021 - R
Deed
(2021100501405001)
12/11/2014 - D
01/08/2015 - R
Deed
(2014121501042001)
09/10/2014 - D
09/30/2014 - R
Both RPTT and RETT
(2014091100713001)
04/18/2014 - D
05/06/2014 - R
Both RPTT and RETT
(2014050100536001)
06/24/2008 - D
07/01/2008 - R
Deed
(2008063000229001)
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R: Recorded date
D: Document date

Property Taxes for 718 5th Avenue, New York

Access detailed property tax data for 718 5th Avenue, New York, NY 10019. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2024-2025
Property tax: $4,300,072
Tax assessor's market value: $101,950,000
Assessed value: $45,877,500

Assessment History for 718 5th Avenue, New York

Here's the assessment & property tax history for 718 5th Avenue, New York, including the evolution of the total tax rate and corresponding property tax.

Year Market value Assessed value Taxable Tax rate% Base tax Property tax Year over year change
2023/24 $101,615,000 $45,726,750 $38,421,860 10.592% $4,069,643 $4,069,643 +6.85%
2022/23 $88,181,000 $39,681,450 $35,776,510 10.646% $3,808,767 $3,808,767 +4.16%
2021/22 $81,558,000 $36,701,100 $34,000,220 10.755% $3,656,724 $3,656,724 -0.70%
2020/21 $95,733,000 $43,079,850 $34,435,970 10.694% $3,682,583 $3,682,583 +1.12%
2019/20 $95,772,000 $43,097,400 $34,561,070 10.537% $3,641,700 $3,641,700 +29.12%

Permits for 718 5th Avenue, New York

The complete history of permits filed for 718 5th Avenue, New York, including new construction or demolition permits, plus any work pertaining to plumbing, heating and sprinkler systems is available with a free account. Available data goes back to 1990.

Filing date Job type Job status Job description Initial cost
06/07/2024 Alteration
05/30/2024 Alteration
05/24/2024 Alteration
05/24/2024 Alteration
05/09/2024 Alteration
05/08/2024 Alteration
02/12/2024 Alteration
02/02/2024 Alteration
01/11/2024 Alteration
01/10/2024 Alteration
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Manhattan Commercial Market Stats

Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.

Median Price/Sqft Q1/2024
$605
-12.8% YoY
Median Price/Sqft Q4/2023
$672
-8.5% YoY
Median Price/Sqft 2023
$662
-6.2% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station 5th Ave & 53rd St at NE Corner
Station lines E-M
Distance (miles) 0.14
View subway map
Bus Routes
Name 5 Av/W 56 St
Line X63
Distance (miles) 0.022

Neighbors for 718 5th Avenue, New York

Here are the neighbors for 718 5th Avenue, New York, NY 10019.

Address Square feet Purchase date Purchase price
7 W 55th St, New York 42,350
27 W 55th St, New York 37,571
16 W 56th St, New York 10,951 08/13/1979
24 W 56th St, New York 8,009 09/19/2011
34 W 56th St, New York 9,710 04/17/1981
15 W 55th St, New York 56,005 11/20/2013 $36,000,000
45 W 55th St, New York 14,680 06/02/2021 $12,250,000
26 W 56th St, New York 11,421 07/19/2018 $14,000,000
30 W 56th St, New York 21,530 09/28/2012 $13,350,000
23 W 55th St, New York 54,420 02/22/1996
10 W 56th St, New York 16,446 05/18/2011 $15,500,000
18 W 56th St, New York 100,319 03/13/2019 $12,380,000
55 W 55th St, New York 38,704 10/31/2023
33 W 55th St, New York 49,484 01/02/1997
39 W 55th St, New York 40,197 12/31/2012
12 W 56th St, New York 18,687
19 W 55th St, New York 34,454 12/28/2017 $50,000,000
47 W 55th St, New York 11,000 11/25/2020 $10,000,000
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