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Takashimaya Building - 693 5th Avenue, New York, NY 10022 - Property report

Also known as: 693 5th Ave

Property image for Takashimaya Building - 693 5th Avenue, New York, NY 10022
static Mapbox map

Property type

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

Year built

1991

Lot sq. ft.

5,625

Sale price

$455,032,725

General information

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Access up-to-date information from property owner names to sales history, deeds, tax info, mortgages, development data, planimetric maps and more.

Address
Building name
Takashimaya Building
Primary address
Takashimaya Building - 693 5th Avenue
Alternate address(es)
693-695 5th Ave
ZIP code
10022
Neighborhood
Central Midtown
Borough
Manhattan
Block & lot
01290-0003

Owner

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Building
Property type
Office Only with or without Commercial - 20 Stories or More (O4)
Building sq. ft.
101,319
Building dimensions
50 ft x 125 ft
Buildings on lot
1
Stories
20
Year built
1991
Building material
Sales
Sale date
06/10/2016
Sale price
$455,032,725
Tax
Tax year
2026-2027
Property tax
$4,383,970
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 ft x 125 ft
Lot sq. ft.
5,625

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
0.34 Miles
Closest fire station
0.47 Miles

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

Ownership information for Takashimaya Building - 693 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 Takashimaya Building - 693 5th Avenue, New York, NY 10022

Sale date Sale price Buyer name Seller name
06/10/2016 $455,032,725 XXX XXXXX XXXXX XXX XXXX XXX XXX
06/10/2016 $68,202,225 XXX XXXXX XXXXX XXX XX XXX XXXX XXX XXX
06/10/2016 $1,765,050 XXX XXXXX XXXXX XXX XXX XXXXXXXXXX XXX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
06/28/2023 - R UCC3 Termination
(2023062800179001)
XXX XXXXX XXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
09/13/2023 - R
06/22/2023 - D
Satisfaction of Mortgage
(2023083000944001)
XXXX XXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
01/07/2021 - R UCC3 Continuation
(2021010601062001)
XXX XXXXX XXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
09/22/2016 - R UCC3 Assignment
(2016092200745002)
XXX XXXXX XXXXXX XXX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
09/22/2016 - R
08/17/2016 - D
Assignment, Mortgage
(2016092200745001)
XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXX
08/09/2016 - R UCC3 Termination
(2016080400880009)
XXXX XXX XXX XXXXXX XXXXXXX XXXXXXXXXXX
06/22/2016 - R Initial UCC1
(2016061401070007)
XXX XXXXX XXXXX XXX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
06/22/2016 - R
06/10/2016 - D
Termination of Assign of L&R
(2016061401070008)
XXXXXX XXXXXXX XXXXXXXXXXX
06/22/2016 - R
06/10/2016 - D
Mortgage and Consolidation
(2016061401070006)
XXX XXXXX XXXXX XXX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
06/22/2016 - R
06/10/2016 - D
Assignment, Mortgage
(2016061401070005)
XXXXXX XXXXXXX XXXXXXXXXXX XXXXXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for Takashimaya Building - 693 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
$4,383,970
Municipal exemptions
Recent tax assessments
Market value
$89,806,000
Assessed value
$40,412,700

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 $96,824,000 $43,570,800 $43,570,800 10.848% $4,726,560 $4,726,560 -9.78%
2024/25 $108,182,000 $48,681,900 $48,681,900 10.762% $5,239,146 $5,239,146 +3.61%
2023/24 $106,085,000 $47,738,250 $47,738,250 10.592% $5,056,435 $5,056,435 -8.79%
2022/23 $115,719,000 $52,073,550 $52,073,550 10.646% $5,543,750 $5,543,750 +1.75%
2021/22 $112,580,000 $50,661,000 $50,661,000 10.755% $5,448,591 $5,448,591 -7.75%
2020/21 $148,083,000 $66,637,350 $55,233,210 10.694% $5,906,639 $5,906,639 +16.98%
2019/20 $139,899,000 $62,954,550 $47,920,803 10.537% $5,049,415 $5,049,415 +17.97%
2018/19 $137,590,000 $61,915,500 $40,709,931 10.514% $4,280,242 $4,280,242 +25.17%
2017/18 $127,729,000 $57,478,050 $32,522,798 10.514% $3,419,447 $3,419,447 +33.10%
2016/17 $67,387,000 $30,324,150 $24,296,277 10.574% $2,569,088 $2,569,088 +11.07%

Permit information for Takashimaya Building - 693 5th Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
07/15/2026 Alteration
07/02/2026 Alteration
06/29/2026 Alteration
06/19/2026 Alteration
06/18/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

DOB Violations

Violation ID Issue date Type Status
12/09/2020 E-elevator elevatorrequired
12/09/2020 E-elevator elevatorrequired
12/04/2019 E-elevator elevatorrequired

*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)
0.066

Access the detailed traffic volume map for Takashimaya Building - 693 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 Takashimaya Building - 693 5th Avenue, New York, NY 10022?

The development at Takashimaya Building - 693 5th Avenue, New York, NY 10022 was built in 1991.

What is the market value of Takashimaya Building - 693 5th Avenue, New York, NY 10022?

The current market value of Takashimaya Building - 693 5th Avenue, New York, NY 10022 is $89,806,000.

What is the total square footage of Takashimaya Building - 693 5th Avenue, New York, NY 10022?

Takashimaya Building - 693 5th Avenue, New York, NY 10022 has a total of 101,319 square feet.

What is the price per square foot for this property?

$4,491 per square foot is the price for Takashimaya Building - 693 5th Avenue, New York, NY 10022.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 4.

How many active listings does Takashimaya Building - 693 5th Avenue, New York, NY 10022 have?

This address has 2 active listing(s).

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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