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585 5th Avenue, New York, NY 10017 Property Information

585 5th Avenue, New York, NY 10017 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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585 5th Avenue, New York, NY 10017 2
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Address

Primary address 585 5th Avenue
Neighborhood Central Midtown
Zip code 10017
Borough Manhattan
Block & lot 01283-0004

Sales & Tax Overview for 585 5th Avenue, New York

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Tax class
Estimated property tax $525,933

Lot & Building Information for 585 5th Avenue, New York

Lot sq. ft. 1,810
Lot dimensions 18.83 ft x 100 ft
Property type Predominant Retail with Other Uses (K4)
Building sqft 10,553
Building dimensions 19 ft x 100 ft
Buildings on lot 1
Stories 6
Year built 1930
Year last altered 1981
Construction type
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Zoning & Use for 585 5th Avenue, New York

Zoning
Commercial units 1
Office sqft
Retail sqft

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 5
Closest police station 0.36 Miles
Closest fire station 0.22 Miles

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

Other Property Data for 585 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 585 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 585 5th Avenue, New York, NY 10017, including DOB violations, ECB violations, HPD violations and 311 complaints.

About 585 5th Avenue, New York

How many square feet does 585 5th Avenue, New York, NY 10017 have?

This Predominant Retail with Other Uses (K4) located at 585 5th Avenue, New York, NY 10017 has a total of 10,553 square feet.

What is the year built & the current market value of 585 5th Avenue, New York, NY 10017?

585 5th Avenue, New York, NY 10017 was built in 1930 and has a current tax assessor's market value of $11,271,000.

How many commercial spaces does this building have?

This building has 1 commercial spaces available for lease.

Ownership Information for 585 5th Avenue, New York

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Property owner name for 585 5th Avenue, New York, NY 10017
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Building contacts for 585 5th Avenue, New York, NY 10017
Building management:
Representatives (from permits):
Tenants:
Real Estate Reports:
Laura Pop-Badiu, Dec 11, 2025 How to Build Property Owner Lists: Steps, Pro Tips & What to Avoid
In this guide, we’ll walk you step by step through how to build property owner lists inside the PropertyShark platform, how to customize them for your goals and how to avoid common mistakes.
Laura Pop-Badiu, Sep 10, 2025 How to Find Comps for Commercial Real Estate: A Step-by-Step GuideĀ 
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Past Sales & Property History for 585 5th Avenue, New York

Create a free account to view the complete sales history for 585 5th Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 585 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
02/17/2017 - R UCC3 Termination
(2017021700233007)
02/17/2017 - R UCC3 Termination
(2017021700233006)
02/17/2017 - R UCC3 Termination
(2017021700233005)
06/30/2016 - D
02/17/2017 - R
Release
(2017021700233004)
06/30/2016 - D
02/17/2017 - R
Release
(2017021700233003)
06/30/2016 - D
02/17/2017 - R
Satisfaction of Mortgage
(2017021700233002)
06/30/2016 - D
02/17/2017 - R
Satisfaction of Mortgage
(2017021700233001)
05/27/2016 - D
07/15/2016 - R
Assignment of Leases and Rents
(2016071201460001)
05/27/2016 - D
06/24/2016 - R
Mortgage
(2016061601892001)
04/15/2015 - D
08/12/2015 - R
Deed
(2015080300919001)
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R: Recorded date
D: Document date

Property Taxes for 585 5th Avenue, New York

Access detailed property tax data for 585 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: $513,769
Estimated property tax: $525,933
Tax assessor's market value: $11,271,000
Assessed value: $5,071,950

Assessment History for 585 5th Avenue, New York

Here's the assessment & property tax history for 585 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 $11,271,000 $5,071,950 $4,736,070 10.848% $513,769 $513,769 -2.41%
2024/25 $10,895,000 $4,902,750 $4,891,680 10.762% $526,443 $526,443 +4.26%
2023/24 $10,594,000 $4,767,300 $4,767,300 10.592% $504,952 $504,952 +6.87%
2022/23 $9,863,000 $4,438,350 $4,438,350 10.646% $472,507 $472,507 -7.97%
2021/22 $10,609,000 $4,774,050 $4,774,050 10.755% $513,449 $513,449 -19.06%

Permits for 585 5th Avenue, New York

The complete history of permits filed for 585 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
04/18/2022 Alteration
07/06/2021 Alteration
04/27/2021 Alteration
11/10/2020 Alteration
11/05/2020 Alteration
12/19/2014 Alteration type 2
10/10/2014 Sign
10/10/2014 Sign
07/01/2014 Alteration type 2
07/01/2014 Alteration type 2
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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 6th Ave & 48th St at SE Corner
Station lines B-D-F-M
Distance (miles) 0.2
View subway map
Bus Routes
Name 5 Av/W 48 St
Line X7
Distance (miles) 0.024

Neighbors for 585 5th Avenue, New York

Here are the neighbors for 585 5th Avenue, New York, NY 10017.

Address Square feet Purchase date Purchase price
9 E 47th St, New York 8,459 07/31/2011
21 E 47th St, New York 3,116 01/17/2001
14 E 47th St, New York 29,000 08/26/1996
4 E 46th St, New York 14,835 09/30/2013 $16,812,000
19 E 47th St, New York 38,379 12/16/1977
581 5th Ave, New York 17,050 03/13/2002
7 E 47th St, New York 12,000 03/05/1996
579 5th Ave, New York 130,715 08/11/1988
10 E 46th St, New York 11,738 07/28/1966
12 E 46th St, New York 37,265 01/18/2006 $13,500,000
17 E 47th St, New York 17,131 04/08/2025 $7,900,000
400 Madison Ave, New York 146,191 10/24/2018 $194,535,000
390 Madison Ave, New York 821,165 01/06/2006 $15,792,259
555 5th Ave, New York 206,378 10/21/2021
15 E 47th St, New York 12,600 06/26/1975
250 Park Ave, New York 519,783 08/15/2024 $320,152,500
383 Madison Ave, New York 1,174,988 10/02/2020
5 E 47th St, New York 14,025 10/23/2025 $9,400,000
11 E 47th St, New York 12,660 07/31/2011
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