Manhattan  »  10022  »  5th Ave  »  689 5th Ave

689 5th Avenue, New York, NY 10022 - Property report

Also known as: 689 5th Ave

Property image for 689 5th Avenue, New York, NY 10022
static Mapbox map

Property type

Office with Commercial 7-19 Stories (O6)

Year built

1927

Lot sq. ft.

6,925

General information

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Address
Primary address
689 5th Avenue
Alternate address(es)
1 E 54th St
689-691 5th Ave
ZIP code
10022
Neighborhood
Central Midtown
Borough
Manhattan
Block & lot
01290-0001

Owner

Find out who owns 689 5th Avenue, New York, NY 10022. Uncover corporate and individual owners with a free account.

Building
Property type
Office with Commercial 7-19 Stories (O6)
Building sq. ft.
91,210
Building dimensions
50 ft x 125 ft
Buildings on lot
1
Stories
14
Year built
1927
Last altered
1989
Building material
Tax
Tax year
2026-2027
Property tax
$4,524,179
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
50.42 ft x 125 ft
Lot sq. ft.
6,925

Area overview

Walk score
98 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
87 /100.  Very Bikeable
School district
2
Community district
5
Closest police station
0.33 Miles
Closest fire station
0.47 Miles

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

Ownership information for 689 5th Avenue, New York, NY

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Property owner name
Registered owner
Source
Deed
Owner contact information
Phone number
Owner address

Sales history for 689 5th Avenue, New York, NY 10022

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
05/20/2019 - R
04/18/2019 - D
NYC Real Property Transfer Tax
(2019051700810002)
XXXXXXXXX XXXX XXXXXX XXXXXXXX XXX XXX XXXXX XXXXXX XXXXXXXX XXX
04/24/2019 - R
03/13/2019 - D
Both RPTT and RETT
(2019040201136003)
XXXXXXX XXXXXX XX XXX XXXXX XXXXXX XXXXXXXX XX XXX
03/18/2010 - R UCC3 Continuation
(2010031701273001)
XXXXXX XXXXX XXX XXXXXXXX XXXX XX XXX XXXX
02/18/2005 - R
12/20/2002 - D
Landmark Designation
(2005011902106001)
XXXXXXXXX XXXXXXXXXXXX XXXXXXXXXX
07/01/2002 - R Sundry Agreement
(1700008707070)
XXX XXXXXXXXXX XX XXXXXXXXXXXXXX
02/16/1999 - R Agreement
(1970006465497)
XXX XXXX XXXXX XXX
02/16/1999 - R Sundry Agreement
(1930006465493)
XXXXXXXXX XXXXXXXX XXXXXX XXXXXXX XX XXXXXXXX
02/16/1999 - R Sundry Agreement
(1880006465488)
XXXXXXXXX XXXXXXXXX XXXXXX XXXXXXX XX XXXXXXXX
02/16/1999 - R Release
(1060006465506)
01/07/1999 - R Deed
(1020006406902)
XXXXXXXXXXXX XXXXXXXXXXXXX XXX XXXXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 689 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
$4,524,179
Municipal exemptions
Recent tax assessments
Market value
$98,989,000
Assessed value
$44,545,050

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 $98,232,000 $44,204,400 $40,796,180 10.848% $4,425,570 $4,425,570 -0.08%
2024/25 $93,710,000 $42,169,500 $41,155,300 10.762% $4,429,133 $4,429,133 +0.50%
2023/24 $92,460,000 $41,607,000 $41,607,000 10.592% $4,407,013 $4,407,013 +0.29%
2022/23 $91,728,000 $41,277,600 $41,277,600 10.646% $4,394,413 $4,394,413 -5.66%
2021/22 $96,242,000 $43,308,900 $43,308,900 10.755% $4,657,872 $4,657,872 -12.84%
2020/21 $122,688,000 $55,209,600 $49,974,840 10.694% $5,344,309 $5,344,309 +6.32%
2019/20 $128,798,000 $57,959,100 $47,702,430 10.537% $5,026,405 $5,026,405 +11.16%
2018/19 $123,541,000 $55,593,450 $43,006,680 10.514% $4,521,722 $4,521,722 +10.89%
2017/18 $100,443,000 $45,199,350 $38,784,060 10.514% $4,077,756 $4,077,756 +5.71%
2016/17 $92,145,000 $41,465,250 $36,481,770 10.574% $3,857,582 $3,857,582 +6.14%

Permit information for 689 5th Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
07/14/2026 Alteration
06/08/2026 Alteration
04/17/2026 Alteration
04/17/2026 Alteration
01/12/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
12/13/2021 E-elevator
12/13/2021 E-elevator
12/13/2021 E-elevator

*Most recent DOB violations on record for this property.

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

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FEMA flood zones

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
5th Ave & 53rd St at NE Corner
Station lines
E-M
Distance (miles)
0.057

Access the detailed traffic volume map for 689 5th Avenue, New York, NY 10022 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

Frequently asked questions

What is the year built for 689 5th Avenue, New York, NY 10022?

The development at 689 5th Avenue, New York, NY 10022 was built in 1927.

What is the market value of 689 5th Avenue, New York, NY 10022?

The current market value of 689 5th Avenue, New York, NY 10022 is $98,989,000.

What is the total square footage of 689 5th Avenue, New York, NY 10022?

689 5th Avenue, New York, NY 10022 has a total of 91,210 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 23.

Disclaimer

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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.

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