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720 5th Avenue, New York, NY 10019

720 5th Avenue, New York, NY 10019

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720 5th Avenue, New York, NY 10019
  • Sales
  • Mortgages
  • Permits
  • Property info
  • Owner names
  • Phone numbers

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Property Overview

Property address 720 5th Ave
Alternate address(es) 720-722 5th Ave
1 W 56th St
Zip code 10019
Borough Manhattan
Block & lot 01272-0034
Lot dimensions
Lot sqft 7,553
Buildings on lot 1
Property class Office with Commercial 7-19 Stories (O6)
Year built 1954
Building Sq. Ft.
Zoning

Ownership Information

Owner name, mailing address and phone numbers for 720 5th Avenue, New York. For LLC-owned properties, see who is behind the LLC, manually researched by our team. We are calling NYC property owners to verify that phone numbers reach the right person. Find out more about real owners and phone numbers.

Property owner for 720 5th Avenue, New York
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Building contacts for 720 5th Avenue, New York
Building management:  
Representatives (from permits):  
Tenants:  
Registered voters:  
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Other Property Data for 720 5th Avenue, New York

Neighborhood: Central Midtown
School district: 2
Commercial Units: 18
Maximum floor area ratio:
Closest Police station: 0.42 Miles
Closest Fire station: 0.39 Miles
Certificate of occupancy:

Sales & Property History for 720 5th Avenue, New York

Sales history, mortgages, liens, and pre-foreclosures for 720 5th Avenue, New York. The complete property history is available in a single place, including buyer and seller information, detailed mortgage & lien records, distressed property records.

Sale date: 10/20/2006
Sale price: $153,000,000
Buyer name:
Seller name:

Title Documents for 720 5th Avenue, New York

Records go back to 1966 and include the complete history of deeds, mortgages, assignments of leases and rents, and more! Plus, document images are one-click away.

Doc rec date Doctype Document amount Party1 name Party2 name Link to doc with redirect
05/25/2021 - D Agreement
06/05/2021 - R Initial Ucc1
05/25/2021 - D Agreement
05/25/2021 - D Termination Of Lease Or Memo
02/18/2021 - R Ucc3 Continuation
07/29/2016 - R Initial Ucc1
07/11/2016 - D Agreement
07/11/2016 - D Mortgage
07/29/2016 - R Ucc3 Termination
07/11/2016 - D Termination Of Assign Of L&R
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R: Recorded date
D: Document date

Property Taxes for 720 5th Avenue, New York

Access detailed property tax data for 720 5th Avenue, New York. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2021-2022
Tax assessor's market value: $136,652,000
Current tax bill: $6,576,104

Assessment History for 720 5th Avenue, New York

Here's the assessment & property tax history for 720 5th Avenue, New York, including the evolution of the total tax rate and corresponding property tax.

Year Building class Market value Assessed value Taxable Tax rate% Base tax Property tax
2020/21 O6 $168,137,000 $75,661,650 $66,592,110 10.694% $7,121,360 $7,121,360
2019/20 O6 $171,704,000 $77,266,800 $68,782,046 10.537% $7,247,564 $7,247,564
2018/19 O6 $169,058,000 $76,076,100 $61,908,656 10.514% $6,509,076 $6,509,076
2017/18 O6 $158,838,000 $71,477,100 $49,664,300 10.514% $5,221,705 $5,221,705
2016/17 O6 $139,604,000 $62,821,800 $38,254,370 10.574% $4,045,017 $4,045,017
2015/16 O3 $125,041,000 $56,268,450 $29,921,451 10.656% $3,188,430 $3,188,430
2014/15 O3 $95,333,000 $42,899,850 $22,930,162 10.684% $2,449,859 $2,449,859
2013/14 O3 $33,009,635 $14,854,336 $14,854,336 10.323% $1,533,413 $1,533,413
2012/13 O3 $31,101,000 $13,995,450 $13,995,450 10.228% $1,431,455 $1,431,455
2011/12 O3 $46,056,000 $20,725,200 $20,725,200 10.152% $2,104,022 $2,104,022
2010/11 O3 $46,400,000 $20,880,000 $20,880,000 10.312% $2,153,146 $2,153,146
2009/10 O3 $44,600,000 $20,070,000 $20,070,000 10.426% $2,092,498 $2,092,498
2008/09 O3 $50,700,000 $22,815,000 $21,654,489 10.241% $2,217,636 $2,217,636
2007/08 O3 $70,100,000 $31,545,000 $19,970,928 10.059% $2,008,876 $2,008,876
2006/07 O3 $41,800,000 $18,810,000 $16,073,770 10.997% $1,767,632 $1,767,632
2005/06 O3 $43,300,000 $19,485,000 $14,182,200 11.306% $1,603,440 $1,603,440
2004/05 O3 $33,600,000 $15,120,000 $12,319,200 11.558% $1,423,853 $1,423,853

Permits for 720 5th Avenue, New York

Assess the condition of a property with access to the history of permits filed, including new construction or demolition permits, plus any work pertaining to plumbing, heating, sprinkler systems, and more! Data goes back to 1990.

Pre filing date Job type Job status Job description Document Building type
08/26/2020 Alteration type 3
03/09/2020 Alteration type 2
04/12/2019 Alteration type 3
03/20/2019 Alteration type 2
03/05/2019 Alteration type 3
02/08/2019 Alteration type 3
12/17/2018 Alteration type 2
08/09/2018 Alteration type 2
01/24/2018 Alteration type 2
09/07/2017 Alteration type 2
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Central Midtown residential market stats

View a detailed real estate market overview of Central Midtown and check out current trends, home values, types of properties sold and transaction volume.
View the median home sale price in Central Midtown and compare it to other neighborhoods in Manhattan.

Median Sale Price
$990,000
1% YoY
Median Price/Sqft
$1,153
0% YoY
Manhattan Median Sale Price
$1,155,000
1% YoY

Neighbors

Here are the neighbors for 720 5th Avenue, New York.

Address Square feet Purchase date Purchase price
60 W 57th St, New York 303,642 11/14/2003
41 W 56th St, New York 10,338 7/30/2004 $7,500,000
39 W 56th St, New York 13,471 6/29/2007 $58,548,186
29 W 56th St, New York 17,129 12/30/1986
24 W 57th St, New York 88,722 12/28/2016 $6,649,555
23 W 56th St, New York 9,925 11/15/2001
19 W 56th St, New York 9/6/2007 $15,000,000
17 W 56th St, New York 9,912 12/24/2009 $7,900,000
15 W 56th St, New York 54,959 11/24/1998
11 W 56th St, New York 9,447 12/17/2015
6 W 57th St, New York 15,500 10/1/1995
10 W 57th St, New York 81,174 12/9/2015 $6,967,907
16 W 57th St, New York 5/13/2016 $128,000,000
20 W 57th St, New York 37,241 7/18/2007 $60,000,000
30 W 57th St, New York 34,300 1/31/2008 $56,500,000
40 W 57th St, New York 712,000 11/1/2017 $28,050,000
50 W 57th St, New York 73,732 1/19/2006 $51,700,000
52 W 57th St, New York 9,616 12/3/1998
56 W 57th St, New York 9/10/2003 $8,730,000

Alternate Addresses

You will find all alternate addresses for the property in this section.

•  720-722 5th Ave, New York, NY 10019 •  1 W 56th St, New York, NY 10019

About the Property

How many square feet does 720 5th Avenue, New York have?

This Office with Commercial 7-19 Stories (O6) located at 720 5th Avenue, New York has a total of 113,292 square feet.

What is the price per square foot?

The current price per square foot is $1,350.

What is the market value of 720 5th Avenue, New York?

The current market value is $136,652,000.

When was 720 5th Avenue, New York built?

720 5th Avenue, New York was built in 1954.

How many commercial spaces does this building have?

This building has 18 commercial spaces.

Office spaces for lease in 720 5th Avenue, New York

No photo available
Listing type For Lease
Building Name 720 5th Avenue
Listing date 2/10/2021
Last updated 3/5/2021
Property type Office
Year built 1954
Building area 113,292 Sqft
Lot size 0.17 Acre
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Brokers

Steven Pressler
Spaces
Suite name Space type Lease rate Available space Brokers
# Not Known Mixed Use n/a 9,790 Steven Pressler
Active Listings For This Property:
For Lease No photo available
720 5th Avenue
720 5th Avenue, New York
Property Office
Availability 1 Spaces listed / 9790 Sqft
Price n/a
Real Estate Reports:
Theiss Eliza, Nov 08, 2021 Most Expensive U.S. Zip Codes in 2021: 10 Areas Surpass $4 Million Median Sale Price
Overwhelming majority of 100 most expensive U.S. zip codes surge in pricing, with 10 at $4M+ and an additional 20 going climbing over $3M.
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