60 5th Avenue, New York, NY 10011 Property Information
60 5th Avenue, New York, NY 10011 Property Information
- General
- Owner
- Documents
- Tax
- Permits
- Neighborhood
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Address
| Primary address | 60 5th Avenue |
| Secondary address | 1-9 W 12th St |
| Neighborhood | Greenwich Village |
| Zip code | 10011 |
| Borough | Manhattan |
| Block & lot | 00576-0046 |
Sales & Tax Overview for 60 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 | 01/07/2010 |
| Purchase price | $65,000,000 |
| Tax class | Register |
Lot & Building Information for 60 5th Avenue, New York
| Lot sq. ft. | 12,885 |
| Lot dimensions | |
| Property type | Office Only 7-19 Stories (O3)
|
| Building sqft | 113,500 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 8 |
| Year built | 1924 |
| Year last altered | 2015 |
| Construction type | Register |
Area Overview
| School district | 2 |
| Community district | 2 |
| Closest police station | 0.53 Miles |
| Closest fire station | 0.26 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
Building Description
The Forbes Magazine Building was constructed in 1925 by Beaux Arts firm Carrere and Hastings, who also did the New York Public Library. The commercial building blends Roman classicism and Cubistic forms. Originally constructed for the Macmillan Company, it housed Forbes Magazine and Malcolm Forbes Gallery until 2014. New York University has since gained access to the facility and has transformed it into an academic center for programs and classrooms.
Calling 5th Avenue home means being surrounded by some of the top shopping options in the country. Public transportation is a snap with the Union Square Subway - and Union Square Park - located just two blocks east. Iconic tourist and recreational hub Washington Square Park, with history dating back to 1871 and its iconic arch, beckons just a few blocks south of the property. Coffee shops abound - perfect for the academic crowd - along with trendy options in grocery shopping and physical fitness.
Other Property Data for 60 5th Avenue, New York
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Alternate Addresses
You will find all alternate addresses for the property in this section.
- 1-9 W 12th St, New York, NY 10011
- 60-62 5th Ave, New York, NY 10011
About 60 5th Avenue, New York
This Office Only 7-19 Stories (O3) located at 60 5th Avenue, New York, NY 10011 has a total of 113,500 square feet and a current price per square foot of $572.
What is the year built & the current market value of 60 5th Avenue, New York, NY 10011?60 5th Avenue, New York, NY 10011 was built in 1924 and has a current tax assessor's market value of $47,112,000.
How many commercial spaces does this building have?This building has 1 commercial spaces available for lease.
Ownership Information for 60 5th Avenue, New York
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Past Sales & Property History for 60 5th Avenue, New York
Create a free account to view the complete sales history for 60 5th Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
| Purchase date | Purchase price | Buyer name | Seller name |
|---|---|---|---|
| 01/07/2010 | $65,000,000 | Register | Register |
Title Documents for 60 5th Avenue, New York
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R: Recorded date
D: Document date
Property Taxes for 60 5th Avenue, New York
Access detailed property tax data for 60 5th Avenue, New York, NY 10011. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $0 |
| Tax assessor's market value: | $47,112,000 |
| Assessed value: | $21,200,400 |
| Exemptions granted by city: | Register |
Assessment History for 60 5th Avenue, New York
Here's the assessment & property tax history for 60 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 | $47,112,000 | $21,200,400 | $0 | 10.848% | $2,020,914 | $0 | n/a |
| 2024/25 | $43,575,000 | $19,608,750 | $0 | 10.762% | $1,994,113 | $0 | n/a |
| 2023/24 | $41,430,000 | $18,643,500 | $0 | 10.592% | $1,974,720 | $0 | n/a |
| 2022/23 | $39,051,000 | $17,572,950 | $0 | 10.646% | $1,870,816 | $0 | n/a |
| 2021/22 | $35,825,000 | $16,121,250 | $0 | 10.755% | $1,733,840 | $0 | n/a |
Permits for 60 5th Avenue, New York
The complete history of permits filed for 60 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
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.
Check out recently sold homes in Manhattan and see how their prices compare.
Risk
| FEMA flood zone(s): | X (See more on map) |
| Hurricane evacuation zone: | 5 (See more on map) |
Transportation
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Distance to Subway
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| Closest station | 6th Ave & 14th St at SE Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | F-L-M-1-2-3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.175 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 5 Av/W 12 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | M3 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.038 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Neighbors for 60 5th Avenue, New York
Here are the neighbors for 60 5th Avenue, New York, NY 10011.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 23 W 12th St, New York | 7,000 | 01/30/2026 | $11,225,000 |
| 66 5th Ave, New York | 49,391 | 10/22/1975 | |
| 37 W 12th St, New York | 235,875 | 05/02/2016 | $5,000,000 |
| 21 W 12th St, New York | 8,750 | 12/17/2012 | $7,650,000 |
| 41 W 12th St, New York | 3,075 | 12/29/2012 | |
| 2 W 13th St, New York | 116,962 | 10/22/1975 | |
| 52 W 13th St, New York | 46,020 | 01/04/2016 | $78,000,000 |
| 504 6th Ave, New York | 5,129 | 07/01/2008 | |
| 50 W 13th St, New York | 3,864 | 10/13/2021 | $3,500,000 |
| 502 Avenue of the Americas, New York | 1,880 | 02/29/2008 | $5,150,000 |
| 19 W 12th St, New York | 6,725 | 03/19/2021 | $17,250,000 |
| 11 W 12th St, New York | 8,125 | 09/16/2025 | $26,500,000 |
| 45 W 12th St, New York | 1,656 | 02/01/2019 | $6,600,000 |
| 30 W 13th St, New York | 60,692 | 10/08/2014 | $1,250,000 |
| 31 W 12th St, New York | 44,586 | 11/02/1977 | |
| 29 W 12th St, New York | 7,993 | 07/09/2002 | |
| 35 W 12th St, New York | 2,184 | 07/14/2023 | $5,750,000 |
| 15 W 12th St, New York | 66,201 | 09/30/1983 | |
| 68 5th Ave, New York | 8,164 | 03/18/1976 | |
| 42 W 13th St, New York | 31,540 | 05/02/2014 | $1,400,000 |