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Bankers Trust Building - 501 5th Avenue, New York, NY 10017 Property Information

Bankers Trust Building - 501 5th Avenue, New York, NY 10017 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Bankers Trust Building - 501 5th Avenue, New York, NY 10017 3
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Address

Building name Bankers Trust Building
Primary address Bankers Trust Building - 501 5th Avenue
Secondary address 2-10 E 42nd St
Neighborhood Murray Hill
Zip code 10017
Borough Manhattan
Block & lot 01276-0069

Sales & Tax Overview for 501 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 01/06/2006
Purchase price $15,792,259
Tax class
Estimated property tax $1,935,436

Lot & Building Information for 501 5th Avenue, New York

Lot sq. ft. 7,325
Lot dimensions 73.25 ft x 100 ft
Property type Office Only with or without Commercial - 20 Stories or More (O4)
Building sqft 132,961
Building dimensions 73 ft x 95 ft
Buildings on lot 1
Stories 21
Year built 1917
Construction type
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Zoning & Use for 501 5th Avenue, New York

Zoning
Commercial units 132
Office sqft
Retail sqft
Conversion feasibility index

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 5
Closest police station 0.56 Miles
Closest fire station 0.13 Miles

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

Other Property Data for 501 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 Bankers Trust Building - 501 5th Avenue, New York, NY 10017, 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 Bankers Trust Building - 501 5th Avenue, New York, NY 10017, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 2-10 E 42nd St, New York, NY 10017
  • 495-501 5th Ave, New York, NY 10017

About 501 5th Avenue, New York

How many sq. ft. does Bankers Trust Building - 501 5th Avenue, New York, NY 10017 have & what is the price per sq. ft?

This Office Only with or without Commercial - 20 Stories or More (O4) located at Bankers Trust Building - 501 5th Avenue, New York, NY 10017 has a total of 132,961 square feet and a current price per square foot of $118.

What is the year built & the current market value of Bankers Trust Building - 501 5th Avenue, New York, NY 10017?

Bankers Trust Building - 501 5th Avenue, New York, NY 10017 was built in 1917 and has a current tax assessor's market value of $37,310,000.

How many commercial spaces does this building have?

This building has 132 commercial spaces available for lease. There are 9 active listings at this address.

Ownership Information for 501 5th Avenue, New York

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Property owner name for Bankers Trust Building - 501 5th Avenue, New York, NY 10017
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Building contacts for Bankers Trust Building - 501 5th Avenue, New York, NY 10017
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 501 5th Avenue, New York

No photo available
501 Fifth Avenue
Listing type For Lease
Listing date 10/30/2022
Last updated 01/23/2025
Lot size 0.16 Acre
View Listing

Brokers

Joy Doko
Spaces
Suite name Space type Lease rate Available space Brokers
Open Plan Corner Unit Office Building $58/Sqft/Year 1,150 Joy Doko
(917) 474-7771
501 Fifth Avenue
Listing type For Lease
Last updated 03/06/2026
Lot size 0.16 Acre
View Listing

Brokers

Sharon Guzman
Spaces
Suite name Space type Lease rate Available space Brokers
#914 General Office $50/Sqft/Year 772 Sharon Guzman
#2011 General Office $50/Sqft/Year 1,426 Sharon Guzman
#1702B General Office $60/Sqft/Year 1,562 Sharon Guzman
#1815 General Office $60/Sqft/Year 1,417 Sharon Guzman
#1701 General Office $65/Sqft/Year 845 Sharon Guzman
#1900 General Office $62/Sqft/Year 1,461 Sharon Guzman
#1904 General Office $58/Sqft/Year 1,423 Sharon Guzman
#607 General Office $63/Sqft/Year 468 Sharon Guzman
Active Listings For This Property:
For Lease No photo available
501 Fifth Avenue
501 5th Avenue, New York
Property Office Building
Availability 1 Spaces listed / 1150 Sqft
Price $58/Sqft/Year
For Lease 501 Fifth Avenue
501 Fifth Avenue
501 5th Avenue, New York
Property General Office
Availability 8 Spaces listed / 9374 Sqft
Price $50-$65/Sqft/Year
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Past Sales & Property History for 501 5th Avenue, New York

Create a free account to view the complete sales history for 501 5th Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

Purchase date Purchase price Buyer name Seller name
01/06/2006 $15,792,259

Title Documents for 501 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
02/01/2023 - R UCC3 Termination
(2023020100547001)
01/31/2023 - D
02/01/2023 - R
Agreement
(2023020100547005)
01/31/2023 - D
02/01/2023 - R
Mortgage
(2023020100547004)
01/31/2023 - D
02/01/2023 - R
Assignment, Mortgage
(2023020100547003)
01/22/2018 - R UCC3 Continuation
(2018011900372001)
05/19/2016 - D
06/10/2016 - R
Sundry Miscellaneous
(2016052400496001)
09/25/2013 - R UCC3 Assignment
(2013090500691002)
08/28/2013 - D
09/25/2013 - R
Assignment, Mortgage
(2013090500691001)
08/16/2013 - D
02/01/2023 - R
Power of Attorney
(2023020100547002)
07/01/2013 - R UCC3 Termination
(2013061300545004)
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R: Recorded date
D: Document date

Property Taxes for 501 5th Avenue, New York

Access detailed property tax data for Bankers Trust Building - Bankers Trust Building - 501 5th Avenue, New York, NY 10017. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $1,821,325
Estimated property tax: $1,935,436
Tax assessor's market value: $37,310,000
Assessed value: $16,789,500

Assessment History for 501 5th Avenue, New York

Here's the assessment & property tax history for 501 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
2025/26 $37,310,000 $16,789,500 $16,789,500 10.848% $1,821,325 $1,821,325 -6.23%
2024/25 $40,479,000 $18,215,550 $18,047,420 10.762% $1,942,263 $1,942,263 +2.32%
2023/24 $39,826,000 $17,921,700 $17,921,700 10.592% $1,898,266 $1,898,266 -3.85%
2022/23 $41,212,000 $18,545,400 $18,545,400 10.646% $1,974,343 $1,974,343 +18.76%
2021/22 $34,349,000 $15,457,050 $15,457,050 10.755% $1,662,406 $1,662,406 -24.83%

Permits for 501 5th Avenue, New York

The complete history of permits filed for 501 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
02/12/2026 Alteration
02/12/2026 Alteration
02/11/2026 Alteration
02/10/2026 Alteration
12/09/2025 Alteration
12/09/2025 Alteration
10/30/2025 Alteration
05/30/2025 Alteration
11/14/2023 Alteration
11/14/2023 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 Q1/2026
$680
4.4% YoY
Median Price/Sqft Q4/2025
$550
-15.8% YoY
Median Price/Sqft 2025
$607
-2.5% 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 & 42nd St at SW Corner
Station lines B-D-F-M-7
Distance (miles) 0.027
View subway map
Bus Routes
Name W 42 ST/5 Av
Line M42
Distance (miles) 0.011

Neighbors for 501 5th Avenue, New York

Here are the neighbors for Bankers Trust Building - Bankers Trust Building - 501 5th Avenue, New York, NY 10017.

Address Square feet Purchase date Purchase price
120 Park Ave, New York 600,000 09/17/2008
505 5th Ave, New York 251,043 11/01/2017 $28,050,000
6 E 43rd St, New York 304,525 09/29/2025 $135,000,000
330 Madison Ave, New York 733,001 02/28/2020 $900,000,000
300 Madison Ave, New York 1,142,417 10/01/2006 $373,376
299 Madison Ave, New York 32,944 11/06/2006 $10,500,000
1 E 42nd St, New York 62,387 03/29/2005 $30,000,000
1 Vanderbilt Ave, New York 1,678,135 10/02/2020
521 5th Ave, New York 434,152 05/22/2019 $379,283,537
3 E 43rd St, New York 36,616 12/16/2015 $10
20 E 42nd St, New York 11,938 05/10/2005
315 Madison Ave, New York 138,883 01/21/1983
489 5th Ave, New York 163,763 01/17/2017 $1,000,000
41 E 41st St, New York 5,000 05/15/2014
301 Madison Ave, New York 13,374 10/07/2013 $317,792,126
90 E 42nd St, New York 7,650
18 E 42nd St, New York 11,938 08/09/2001
60 E 42nd St, New York 1,150,564 10/07/2013 $317,792,126
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