New York City  »  10017  »  5th Ave  »  609 5th Ave

609 5th Avenue #Lu, New York, NY 10017 - Property report

Also known as: 2 E 49th St #Lu

Property image for 609 5th Avenue #Lu, New York, NY 10017
static Mapbox map

Property type

Retail Space (RK)

Year built

1925

Lot sq. ft.

12,832

Sale price

$164,961,209

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
Primary address
609 5th Avenue #Lu
Alternate address(es)
2 E 49th St #Lu
ZIP code
10017
Neighborhood
Central Midtown
Borough
Manhattan
Block & lot
01284-1001

Owner

Find out who owns 609 5th Avenue #Lu, New York, NY 10017. Uncover corporate and individual owners with a free account.

Building
Property type
Retail Space (RK)
Unit sq. ft.
25,892
Buildings on lot
1
Stories
14
Year built
1925
Sales
Sale date
05/22/2020
Sale price
$164,961,209
Tax
Tax year
2026-2027
Property tax
$2,976,343
Tax class
Zoning & Use
Commercial units
2
Lot
Lot sq. ft.
12,832

Area overview

Walk score
95 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
89 /100.  Very Bikeable
School district
2
Community district
5
Closest police station
0.32 Miles
Closest fire station
0.28 Miles

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

Ownership information for 609 5th Avenue #Lu, New York, NY

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

Sales history for 609 5th Avenue #Lu, New York, NY 10017

Sale date Sale price Buyer name Seller name
05/22/2020 $164,961,209 XXX XXX XXXXXX XXX XXX XXXXXX XXX

*Most recent sale on record for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
03/10/2023 - R
03/08/2023 - D
Certificate
(2023031000314001)
XXXXXXX XXXX XXXXXXXX XXX
08/18/2021 - R
08/03/2021 - D
Maps
(2021081100207002)
XXX XXX XXXXXX XXX
08/18/2021 - R
06/17/2020 - D
Amended Condo Declaration
(2021081100207001)
XXX XXX XXXXXX XXX
06/17/2020 - R
06/16/2020 - D
Correction Mortgage
(2020061700101001)
XXX XXXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
06/02/2020 - R
05/22/2020 - D
Deed
(2020060100322008)
XXX XXXXXX XXX XXX XXX XXXXXX XXX
06/02/2020 - R
05/22/2020 - D
Partial Release of Mortgage
(2020060100322007)
XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XXX XXXXXX XXX
06/02/2020 - R
05/22/2020 - D
Mortgage Spreader Agreement
(2020060100322006)
XXX XXXXXX XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX
06/02/2020 - R
05/22/2020 - D
Amended Condo Declaration
(2020060100322001)
XXX XXXXXX XXXX XXXXX XXX
04/24/2019 - R
04/19/2019 - D
Maps
(2019042300825002)
XXXXXXXX XXXXXX XXXXXXXXXXX
03/25/2019 - R
03/01/2019 - D
Partial Release of Mortgage
(2019030700509003)
XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XXX XXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Property taxes for 609 5th Avenue #Lu, 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
$2,976,343
Municipal exemptions
Recent tax assessments
Market value
$65,210,120
Assessed value
$29,344,554

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 $62,114,000 $27,951,300 $26,371,090 10.848% $2,860,736 $2,860,736 +6.04%
2024/25 $60,671,120 $27,302,004 $25,068,340 10.762% $2,697,855 $2,697,855 +16.38%
2023/24 $60,477,000 $27,214,650 $21,886,287 10.592% $2,318,196 $2,318,196 +16.36%
2022/23 $56,381,000 $25,371,450 $18,713,880 10.646% $1,992,280 $1,992,280 +1.38%
2021/22 $53,369,000 $24,016,050 $18,271,607 10.755% $1,965,111 $1,965,111 +127.29%
2020/21 $74,837,000 $33,676,650 $8,084,778 10.694% $864,586 $864,586 +11.39%
2019/20 $17,287,976 $7,779,589 $7,366,357 10.537% $776,193 $776,193 -71.48%
2018/19 $65,079,000 $29,285,550 $25,888,574 10.514% $2,721,925 $2,721,925 +7.21%
2017/18 $59,589,000 $26,815,050 $24,146,443 10.514% $2,538,757 $2,538,757 +1.80%
2016/17 $66,939,000 $30,122,550 $23,584,699 10.574% $2,493,846 $2,493,846 +16.97%

Permit information for 609 5th Avenue #Lu, New York, NY

No recently recorded permits for this property.

More about New York City property records

DOB Violations

No recently recorded violations 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
-

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
5th Ave & 53rd St at SE Corner
Station lines
E-M
Distance (miles)
0.207

Access the detailed traffic volume map for 609 5th Avenue #Lu, New York, NY 10017 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 609 5th Avenue #Lu, New York, NY 10017?

The development at 609 5th Avenue #Lu, New York, NY 10017 was built in 1925.

What is the market value of 609 5th Avenue #Lu, New York, NY 10017?

The current market value of 609 5th Avenue #Lu, New York, NY 10017 is $65,210,120.

What is the total square footage of 609 5th Avenue #Lu, New York, NY 10017?

609 5th Avenue #Lu, New York, NY 10017 has a total of 25,892 square feet.

What is the price per square foot for this property?

$6,371 per square foot is the price for 609 5th Avenue #Lu, New York, NY 10017.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

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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