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Millennium Towers North - 512 7th Avenue, New York, NY 10018 Property Information

Millennium Towers North - 512 7th Avenue, New York, NY 10018 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Address

Building name Millennium Towers North
Primary address Millennium Towers North - 512 7th Avenue
Secondary address 200-212 W 38th St
Neighborhood Garment District
Zip code 10018
Borough Manhattan
Block & lot 00787-0044

Sales & Tax Overview for 512 7th Avenue, New York

View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.

Tax class

Lot & Building Information for 512 7th Avenue, New York

Lot sqft 13,937
Lot dimensions 122.83 ft x 116.75 ft
Building class Office Only with or without Commercial - 20 Stories or More (O4) i
Building sqft 553,748
Building dimensions 123 ft x 117 ft
Buildings on lot 1
Stories 45
Year built 1930
Year last altered 2000
Construction type

Zoning & Use for 512 7th Avenue, New York

Zoning
Commercial units 136
Office sqft
Retail sqft

Area Overview

View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.

School district 2
Community district 5
Closest police station 0.26 Miles
Closest fire station 0.04 Miles
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Other Property Data for 512 7th Avenue, New York

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Floor area ratio (FAR) for Millennium Towers North - 512 7th Avenue, New York, NY 10018, including commercial and residential FAR, FAR as built and usable floor area.
Development maps such as planimetric, zoning, urban landscape, and HPD alternative enforcement program maps.
Violations for Millennium Towers North - 512 7th Avenue, New York, NY 10018, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

You will find all alternate addresses for the property in this section.

  • 200-212 W 38th St, New York, NY 10018
  • 508-518 7th Ave, New York, NY 10018

About 512 7th Avenue, New York

How many square feet does Millennium Towers North - 512 7th Avenue, New York, NY 10018 have?

This Office Only with or without Commercial - 20 Stories or More (O4) located at Millennium Towers North - 512 7th Avenue, New York, NY 10018 has a total of 553,748 square feet.

What is the year built & the current market value of Millennium Towers North - 512 7th Avenue, New York, NY 10018?

Millennium Towers North - 512 7th Avenue, New York, NY 10018 was built in 1930 and has a current tax assessor's market value of $150,781,000.

How many commercial spaces does this building have?

This building has 136 commercial spaces available for lease. There are 16 active listings at this address.

Ownership Information for 512 7th Avenue, New York

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Property owner name for Millennium Towers North - 512 7th Avenue, New York, NY 10018
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Building contacts for Millennium Towers North - 512 7th Avenue, New York, NY 10018
Building management:
Representatives (from permits):
Tenants:


Office Spaces for Lease in 512 7th Avenue, New York

The Navarre Building
Listing type For Lease
Listing date 09/23/2019
Last updated 09/05/2024

Property description:

A 45-story structure with approximately 502,960 rentable square feet, built in 1930.
View Listing

Brokers

Garett Varricchio
Mitchell Arkin
Spaces
Suite name Space type Lease rate Available space Brokers
43 Floor General Office Listing price not available 9,925 Garett Varricchio
Mitchell Arkin
44 Floor General Office Listing price not available 6,298 Garett Varricchio
Mitchell Arkin
Penthouse General Office Listing price not available 2,770 Garett Varricchio
Mitchell Arkin
42 Floor General Office Listing price not available 9,904 Garett Varricchio
Mitchell Arkin
Partial 7 Floor General Office Listing price not available 8,880 Garett Varricchio
Mitchell Arkin
17 Floor General Office Listing price not available 12,389 Garett Varricchio
Mitchell Arkin
3 Floor General Office Listing price not available 15,485 Garett Varricchio
Mitchell Arkin
4 Floor General Office Listing price not available 15,485 Garett Varricchio
Mitchell Arkin
5 Floor General Office Listing price not available 15,485 Garett Varricchio
Mitchell Arkin
26 Floor General Office Listing price not available 12,126 Garett Varricchio
Mitchell Arkin
38 Floor General Office Listing price not available 12,922 Garett Varricchio
Mitchell Arkin
Partial 37 Floor General Office Listing price not available 8,428 Garett Varricchio
Mitchell Arkin
Suite E11 General Office Listing price not available 15,119 Garett Varricchio
Mitchell Arkin
Suite E12 General Office Listing price not available 14,928 Garett Varricchio
Mitchell Arkin
Suite 32D General Office Listing price not available 5,161 Garett Varricchio
Mitchell Arkin
Suite 32D General Office Listing price not available 10,324 Garett Varricchio
Mitchell Arkin
Active Listings For This Property:
For Lease The Navarre Building
The Navarre Building
512 7th Avenue, New York
Property Office
Availability 16 Spaces listed / 175629 Sqft
Price Listing price not available
Real Estate Reports:
Eliza Theiss, Aug 13, 2024 Buying NYC Then & Now: Tracking Out-of-State & Local Buyers in 2024 vs. 2014
Increasingly over the past 10 years, out-of-state buyers are investing in NYC real estate, as are residents from counties surrounding NYC.

Past Sales & Property History for 512 7th Avenue, New York

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No recorded sales for this property.

Title Documents for 512 7th Avenue, New York

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Date Type Amount Party 1 Party 2 Doc image
11/15/2023 - R Initial UCC1
(2023110900847001)
04/06/2023 - R Initial UCC1
(2023040600532001)
04/06/2023 - R UCC3 continuation
(2023040600523001)
04/06/2023 - R UCC3 continuation
(2023040600437001)
10/11/2021 - D
01/07/2022 - R
Memorandum of lease
(2021123100259001)
04/07/2021 - D
01/07/2022 - R
Sundry agreement
(2021123100259002)
05/30/2019 - D
06/26/2019 - R
Sundry agreement
(2019062500648002)
06/20/2018 - R Initial UCC1
(2018061500539004)
06/20/2018 - R Initial UCC1
(2018061500539003)
06/20/2018 - R Initial UCC1
(2018061500539002)
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R: Recorded date
D: Document date

Property Taxes for 512 7th Avenue, New York

Access detailed property tax data for Millennium Towers North - Millennium Towers North - 512 7th Avenue, New York, NY 10018. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2024-2025
Property tax: $6,708,749
Tax assessor's market value: $150,781,000
Assessed value: $67,851,450

Assessment History for 512 7th Avenue, New York

Here's the assessment & property tax history for 512 7th 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
2023/24 $148,420,000 $66,789,000 $62,354,717 10.592% $6,604,612 $6,604,612 +1.36%
2022/23 $139,897,400 $62,953,830 $61,204,795 10.646% $6,515,862 $6,515,862 +0.91%
2021/22 $133,415,000 $60,036,750 $60,036,750 10.755% $6,456,952 $6,456,952 -0.81%
2020/21 $146,571,000 $65,956,950 $60,871,059 10.694% $6,509,551 $6,509,551 +3.19%
2019/20 $145,010,000 $65,254,500 $59,866,520 10.537% $6,308,135 $6,308,135 +4.74%

Permits for 512 7th Avenue, New York

The complete history of permits filed for 512 7th 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.

Filing date Job type Job status Job description Initial cost
05/31/2023 Alteration
05/22/2023 Alteration
03/13/2023 Alteration
02/17/2022 Alteration
01/20/2022 Alteration
01/20/2022 Alteration
01/20/2022 Alteration
01/20/2022 Alteration
12/15/2021 Alteration
12/15/2021 Alteration
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Manhattan Commercial Market Stats

Access a detailed real estate market overview of Manhattan so you can assess current trends, property values, types of properties sold and transaction volume. View the median price per sqft in Manhattan and compare it to other boroughs in New York City.

Median Price/Sqft Q2/2024
$573
-13.9% YoY
Median Price/Sqft Q1/2024
$612
-11.9% YoY
Median Price/Sqft 2023
$659
-6.2% YoY

Check out recently sold homes in Manhattan and see how their prices compare.

Risk

FEMA flood zone(s): X (See more on map)

Transportation

Distance to Subway
Closest station 7th Ave & 40th St at SW Corner
Station lines A-C-E-N-Q-R-S-1-2-3-7
Distance (miles) 0.107
View subway map
Bus Routes
Name 7 Av/W 39 St
Line M7
Distance (miles) 0.041

Neighbors for 512 7th Avenue, New York

Here are the neighbors for Millennium Towers North - Millennium Towers North - 512 7th Avenue, New York, NY 10018.

Address Square feet Purchase date Purchase price
7 World Trade Ctr, New York 1,636,000 11/01/2017 $28,050,000
25 W 88th St, New York 6,776 03/29/2024 $17,000,000
675 3rd Ave, New York 289,356 01/01/2009
257 W 136th St, New York 2,550 10/18/2017
1503 Lexington Ave, New York 11,330 03/04/1998
4580 Broadway, New York 106,464 08/13/1996
450 Park Ave, New York 296,915 06/24/2022 $445,000,000
403 E 60th St, New York 40,686 08/08/2016
2926 Fredrick Douglass Blvd, New York 109,735 11/04/2020 $13,000,000
28 W 128th St, New York 5,200 11/08/2019
105 E 24th St, New York 26,142 03/25/2015 $25,053,000
525 E 72nd St, New York 14,718 11/23/2022 $410,000,000
125 4th Ave, New York 3,660 04/19/2001
450 Lexington Ave, New York 10/02/2020
4530 Broadway, New York 62,514 02/06/1998
20 River Ter, New York 356,786
325 W 76th St, New York 7,515 01/21/2020 $8,350,000
16 W 22nd St, New York 137,007 04/24/1985
183 Madison Ave, New York 233,484 02/25/2019
998 5th Ave, New York 145,230 09/30/1985
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