985 5th Avenue, New York, NY 10075 Property Information
985 5th Avenue, New York, NY 10075 Property Information
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- Owner
- Documents
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- Permits
- Neighborhood
Address
| Primary address | 985 5th Avenue |
| Neighborhood | Carnegie Hill |
| Zip code | 10075 |
| Borough | Manhattan |
| Block & lot | 01491-0004 |
Sales & Tax Overview for 985 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 | 11/18/2024 |
| Purchase price | $10,500,000 |
| Tax class | Register |
| Estimated property tax | $2,655,061 |
Lot & Building Information for 985 5th Avenue, New York
Area Overview
| School district | 2 |
| Community district | 8 |
| Closest police station | 0.62 Miles |
| Closest fire station | 0.41 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Other Property Data for 985 5th Avenue, New York
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About 985 5th Avenue, New York
This Elevator Apartment - Fireproof with Stores (D6) located at 985 5th Avenue, New York, NY 10075 has a total of 102,053 square feet and a current price per square foot of $102.
What is the year built & the current market value of 985 5th Avenue, New York, NY 10075?985 5th Avenue, New York, NY 10075 was built in 1969 and has a current tax assessor's market value of $48,674,000.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease.
Ownership Information for 985 5th Avenue, New York
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Past Sales & Property History for 985 5th Avenue, New York
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Title Documents for 985 5th Avenue, New York
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R: Recorded date
D: Document date
Property Taxes for 985 5th Avenue, New York
Access detailed property tax data for 985 5th Avenue, New York, NY 10075. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $2,595,828 |
| Estimated property tax: | $2,655,061 |
| Tax assessor's market value: | $48,674,000 |
| Assessed value: | $21,903,300 |
Assessment History for 985 5th Avenue, New York
Here's the assessment & property tax history for 985 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 | $48,674,000 | $21,903,300 | $20,868,460 | 12.439% | $2,595,828 | $2,595,828 | -3.25% |
| 2024/25 | $48,753,000 | $21,938,850 | $21,465,190 | 12.5% | $2,683,149 | $2,683,149 | -1.13% |
| 2023/24 | $48,618,000 | $21,878,100 | $21,707,420 | 12.502% | $2,713,862 | $2,713,862 | +1.12% |
| 2022/23 | $48,620,000 | $21,879,000 | $21,879,000 | 12.267% | $2,683,897 | $2,683,897 | +2.22% |
| 2021/22 | $47,687,000 | $21,459,150 | $21,459,150 | 12.235% | $2,625,527 | $2,625,527 | -8.84% |
Permits for 985 5th Avenue, New York
The complete history of permits filed for 985 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.
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Manhattan Commercial Market Stats
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Risk
| FEMA flood zone(s): | X (See more on map) |
Transportation
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Distance to Subway
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| Closest station | Lexington Ave & 77th St at NW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | 6 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.29 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | E 79 ST/5 Av | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | M79 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.026 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 985 5th Avenue, New York
Here are the neighbors for 985 5th Avenue, New York, NY 10075.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 19 E 79th St, New York | 8,313 | 01/23/1980 | |
| 980 5th Ave, New York | 202,777 | 04/23/1976 | |
| 527 E 78th St, New York | 44,364 | 05/24/2017 | $1,500,000 |
| 17 E 79th St, New York | 7,012 | 08/10/2015 | |
| 504 E 79th St, New York | 48,432 | 05/24/2017 | $1,500,000 |
| 536 E 79th St, New York | 44,952 | 05/24/2017 | $1,500,000 |
| 542 E 79th St, New York | 54,792 | 05/24/2017 | $1,500,000 |
| 15 E 79th St, New York | 14,651 | ||
| 535 E 78th St, New York | 44,364 | 05/24/2017 | $1,500,000 |
| 519 E 78th St, New York | 44,764 | 05/24/2017 | $1,500,000 |
| 9 E 79th St, New York | 34,895 | 04/23/1976 | |
| 524 E 79th St, New York | 44,364 | 05/24/2017 | $1,500,000 |
| 21 E 79th St, New York | 56,017 | ||
| 516 E 79th St, New York | 44,364 | 05/24/2017 | $1,500,000 |
| 1042 Madison Ave, New York | 4,226 | 11/20/2012 | $36,000,000 |
| 510 E 79th St, New York | 44,364 | 05/24/2017 | $1,500,000 |
| 31 E 79th St, New York | 60,947 | ||
| 39 E 79th St, New York | 69,585 | 06/04/2012 | $24,500,000 |