New York City » 10017 » 5th Ave » 505 5th Ave

505 5th Avenue, New York, NY 10017 - Property report

Also known as: 505 5th Ave

Property image for 505 5th Avenue, New York, NY 10017

Property type

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

Year built

2004

Lot sq. ft.

13,356

General information

Address

Primary address

505 5th Avenue

ZIP code

10017

Neighborhood

Central Midtown

Borough

Manhattan

Block & lot

01277-0002

Building

Property type

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

Building sq. ft.

251,043

Building dimensions

100 ft x 133 ft

Buildings on lot

Stories

Year built

2004

Building material

Sales

Sale date

11/01/2017

Sale price

$28,050,000 - M

Tax

Tax year

2026-2027

Property tax

$6,057,353

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

100.5 ft x 133 ft

Lot sq. ft.

13,356

Area overview

Walk score

99 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

86 /100. Very Bikeable

School district

Community district

Closest police station

0.53 Miles

Closest fire station

0.11 Miles

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

Ownership

Ownership information for 505 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 505 5th Avenue, New York, NY 10017

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
11/30/2022 - R 11/12/2021 - D	Sundry Miscellaneous (2022111800951001)	XXXXXXXXX XXX
08/20/2018 - R 07/12/2018 - D	Assignment of Leases and Rents (2018081600753002)	XXXXXXXXX XXX	XXXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXXXXXX
08/20/2018 - R 07/12/2018 - D	Mortgage and Consolidation (2018081600753001)	XXXXXXXXX XXX	XXXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXXXXXX
01/02/2018 - R 11/01/2017 - D	NYC Real Property Transfer Tax (2017122900276001)	XXXXX X XXXXXXXXXXXXXX XXX	XXXXXXX XXXX XXX
01/22/2014 - R 01/10/2014 - D	Assignment of Leases and Rents (2014012100500002)	XXXXXXXXX XXX	XXXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXXXXXX
01/22/2014 - R 01/10/2014 - D	Mortgage and Consolidation (2014012100500001)	XXXXXXXXX XXX	XXXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXXXXXX
03/23/2010 - R 03/22/2010 - D	Certificate (2010032200348002)	XXXXX XXXX XXX
03/23/2010 - R 03/04/2010 - D	Zoning Lot Description (2010032200348001)	XXXXX XXXX XXX
02/06/2007 - R 01/12/2007 - D	Assignment of Leases and Rents (2007013002087002)	XXXXXXXXX XXX	XXXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXXXXXX
02/06/2007 - R 01/12/2007 - D	Mortgage and Consolidation (2007013002087001)	XXXXXXXXX XXX	XXXXXXXXXX XXXXXXXXXXXXXXX XXXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 505 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

$6,057,353

Municipal exemptions

Recent tax assessments

Market value

$133,783,000

Assessed value

$60,202,350

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	$121,661,000	$54,747,450	$54,747,450	10.848%	$5,939,003	$5,939,003	-0.03%
2024/25	$122,666,700	$55,200,000	$55,200,000	10.762%	$5,940,624	$5,940,624	-20.57%
2023/24	$156,911,100	$70,610,000	$70,610,000	10.592%	$7,479,011	$7,479,011	-9.93%
2022/23	$173,333,300	$77,999,985	$78,000,000	10.646%	$8,303,880	$8,303,880	-4.60%
2021/22	$179,845,000	$80,930,250	$80,930,250	10.755%	$8,704,048	$8,704,048	-4.47%
2020/21	$189,333,300	$85,199,985	$85,200,000	10.694%	$9,111,288	$9,111,288	+0.08%
2019/20	$198,230,000	$89,203,500	$86,400,700	10.537%	$9,104,042	$9,104,042	+2.55%
2018/19	$196,444,444	$88,400,000	$84,440,000	10.514%	$8,878,022	$8,878,022	+3.08%
2017/18	$187,777,777	$84,500,000	$81,920,000	10.514%	$8,613,069	$8,613,069	+1.62%
2016/17	$202,938,000	$91,322,100	$80,155,520	10.574%	$8,475,645	$8,475,645	+6.34%

Permits

Permit information for 505 5th Avenue, New York, NY

Filing date	Job type	Job status	Job description	Initial cost
08/14/2026	Alteration
08/13/2026	Alteration
07/01/2026	Alteration
07/01/2026	Alteration
07/01/2026	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
	02/22/2023	Fispnrf-no report and / OR late filing (facade) facade required
	08/02/2022	Bench-failure to benchmark none
	12/17/2021	E-elevator

*Most recent DOB violations on record for this property.

Listings

Commercial listings at 505 5th Avenue, New York, NY 10017

Photo	Listing Type	Property Type	Price	Sq. ft.	Listing Date	Last Updated
	For Lease	General Office	Listing price not available	275,000		08/25/2026	View listing

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

5th Ave & 42nd St at SW Corner

Station lines

B-D-F-M-7

Distance (miles)

0.042

View subway map

Access the detailed traffic volume map for 505 5th Avenue, New York, NY 10017 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 505 5th Avenue, New York, NY

14 E 44th St, New York 120 Park Ave, New York 6 E 43rd St, New York 330 Madison Ave, New York 300 Madison Ave, New York 299 Madison Ave, New York 1 E 42nd St, New York 1 Vanderbilt Ave, New York 521 5th Ave, New York 3 E 43rd St, New York 20 E 42nd St, New York 315 Madison Ave, New York 501 5th Ave, New York 41 E 41st St, New York 335 Madison Ave, New York 90 E 42nd St, New York 18 E 42nd St, New York 60 E 42nd St, New York

Nearby ZIP codes for 505 5th Avenue, New York, NY

10016, New York City, NY 10020, New York City, NY 10022, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10152, New York City, NY 10154, New York City, NY 10165, New York City, NY 10167, New York City, NY 10169, New York City, NY 10170, New York City, NY 10171, New York City, NY 10172, New York City, NY 10173, New York City, NY 10174, New York City, NY 10177, New York City, NY

Frequently asked questions

What is the year built for 505 5th Avenue, New York, NY 10017?

The development at 505 5th Avenue, New York, NY 10017 was built in 2004.

What is the market value of 505 5th Avenue, New York, NY 10017?

The current market value of 505 5th Avenue, New York, NY 10017 is $133,783,000.

What is the total square footage of 505 5th Avenue, New York, NY 10017?

505 5th Avenue, New York, NY 10017 has a total of 251,043 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 30.

How many active listings does 505 5th Avenue, New York, NY 10017 have?

This address has 1 active listing(s).

Disclaimer

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.