New York City » 10016 » 5th Ave » 425 5th Ave

425 5th Avenue #Off-5, New York, NY 10016 - Property report

Also known as: 425 5th Ave #Off-5

Property image for 425 5th Avenue #Off-5, New York, NY 10016

Property type

Office Space (RB)

Year built

2003

Lot sq. ft.

12,630

Sale price

$4,450,000

General information

Address

Primary address

425 5th Avenue #Off-5

ZIP code

10016

Neighborhood

Murray Hill

Borough

Manhattan

Block & lot

00868-1681

Building

Property type

Office Space (RB)

Unit sq. ft.

6,654

Buildings on lot

Stories

Year built

2003

Building material

Sales

Sale date

05/12/2006

Sale price

$4,450,000

Tax

Tax year

2026-2027

Property tax

$206,484

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

172

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot sq. ft.

12,630

Area overview

Walk score

99 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

82 /100. Very Bikeable

School district

Community district

Closest police station

0.67 Miles

Closest fire station

0.26 Miles

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

Ownership

Ownership information for 425 5th Avenue #Off-5, 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 425 5th Avenue #Off-5, New York, NY 10016

Sale date	Sale price	Buyer name	Seller name
05/12/2006	$4,450,000	X.X.X. XXXXXXX, XXX. XXX X.X.X. XXXXXXX XXXXXXXXXX XXXXXXX, XXX	XXX XXX XXXXX XXXXXX X.X. XXX XXX XXX XXXXXXXXX, XXX, XXXXXXX XXXXXXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
01/12/2012 - R 12/06/2011 - D	Deed (2011123000162001)	X X X XXXXXXX XX X	XXXXXX XXXXXXX XXX
12/27/2006 - R 11/20/2006 - D	Amended Declaration (2006121901997001)	XXXXX XX XXXXXXXX XX XXX XXXXX XXXXXX XXXXXXXXXXX
09/20/2006 - R 05/31/2006 - D	Amended Declaration (2006062201643001)	XXX XXXXX XXXXXX XXXXXXXXXXX
06/07/2006 - R 05/18/2006 - D	UCC3 Amendment (2006051701943005)	XXX XXX XXXXX XXXXXX XX	XXXXX XXXXXXXX XXXX
06/07/2006 - R 05/17/2006 - D	UCC3 Amendment (2006051701943007)	XXX XXX XXXXX XXXXXX XX	XXXXX XXXXX XXXX XXXXXXXXXXX XXX
06/07/2006 - R 05/12/2006 - D	Partial Release of Mortgage (2006051701943006)	XXX XXX XXXXX XXXXXX XX	XXXXX XXXXX XXXX XXXXXXXXXXX XXX
06/07/2006 - R 05/12/2006 - D	Power of Attorney (2006051701943002)	XXX XXXXXXX XXX	XXXXX XX XXXXXXXX XX XXX XXXXX XXXXXX XXXXXXXXXXX
06/07/2006 - R 05/12/2006 - D	Deed (2006051701943001)	XXX XXX XXXXX XXXXXX XX	XXX XXXXXXX XXX
06/07/2006 - R 05/03/2006 - D	Release (2006051701943004)	XXX XXX XXXXX XXXXXX XX	XXXXX XXXXXXXX XXXX
06/07/2006 - R 05/03/2006 - D	Partial Release of Mortgage (2006051701943003)	XXXXX XXXXXXXX XXXX	XXX XXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 425 5th Avenue #Off-5, 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

$206,484

Municipal exemptions

Recent tax assessments

Market value

$4,329,188

Assessed value

$1,948,135

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	$4,434,389	$1,995,475	$1,829,359	10.848%	$198,449	$198,449	+2.73%
2024/25	$4,337,131	$1,951,709	$1,794,915	10.762%	$193,169	$193,169	+3.36%
2023/24	$4,177,319	$1,879,794	$1,764,500	10.592%	$186,896	$186,896	+0.78%
2022/23	$3,871,147	$1,742,016	$1,742,016	10.646%	$185,455	$185,455	+9.29%
2021/22	$3,506,243	$1,577,809	$1,577,809	10.755%	$169,693	$169,693	-8.69%
2020/21	$4,051,673	$1,823,253	$1,737,768	10.694%	$185,837	$185,837	+7.85%
2019/20	$3,999,200	$1,799,640	$1,635,277	10.537%	$172,309	$172,309	+9.32%
2018/19	$3,981,629	$1,791,733	$1,499,128	10.514%	$157,618	$157,618	+11.88%
2017/18	$3,838,893	$1,727,502	$1,339,974	10.514%	$140,885	$140,885	+9.29%
2016/17	$3,437,162	$1,546,723	$1,219,103	10.574%	$128,908	$128,908	+6.64%

Permits

Permit information for 425 5th Avenue #Off-5, New York, NY

No recently recorded permits for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Listings

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)

0.178

View subway map

Access the detailed traffic volume map for 425 5th Avenue #Off-5, New York, NY 10016 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 425 5th Avenue #Off-5, New York, NY

112 E 11th St, New York 89 Canal St, New York 319 W 38th St, New York 16 E 39th St, New York 427 7th Ave, New York 355 W 39th St, New York 554 W 46th St, New York 275 Cherry St, New York 120 W 60th St, New York 50-58 Cliff St, New York 555 W 45th St, New York 755 10th Ave, New York 91 Canal St, New York 501 W 51st St, New York 325 E 25th St, New York 11 E 1st St, New York

Nearby ZIP codes for 425 5th Avenue #Off-5, New York, NY

10010, New York City, NY 10017, New York City, NY 10020, New York City, NY 10103, New York City, NY 10110, New York City, NY 10112, New York City, NY 10119, 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 425 5th Avenue #Off-5, New York, NY 10016?

The development at 425 5th Avenue #Off-5, New York, NY 10016 was built in 2003.

What is the market value of 425 5th Avenue #Off-5, New York, NY 10016?

The current market value of 425 5th Avenue #Off-5, New York, NY 10016 is $4,329,188.

What is the total square footage of 425 5th Avenue #Off-5, New York, NY 10016?

425 5th Avenue #Off-5, New York, NY 10016 has a total of 6,654 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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.