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Salmon Tower Building - 500 5th Avenue, New York, NY 10110 Property Information

Salmon Tower Building - 500 5th Avenue, New York, NY 10110 Property Information

  • General
  • Owner
  • Documents
  • Tax
  • Permits
  • Neighborhood
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Salmon Tower Building - 500 5th Avenue, New York, NY 10110 3
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Address

Building name Salmon Tower Building
Primary address Salmon Tower Building - 500 5th Avenue
Secondary address 1-9 W 42nd St
Neighborhood Central Midtown
Zip code 10110
Borough Manhattan
Block & lot 01258-0034

Sales & Tax Overview for 500 5th 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
Estimated property tax $12,457,843

Lot & Building Information for 500 5th Avenue, New York

Lot sq. ft. 20,920
Lot dimensions 100.42 ft x 208.33 ft
Property type Office Only with or without Commercial - 20 Stories or More (O4)
Building sqft 659,122
Building dimensions 100 ft x 208 ft
Buildings on lot 1
Stories 58
Year built 1931
Year last altered 2018
Construction type
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Zoning & Use for 500 5th Avenue, New York

Zoning
Commercial units 154
Office sqft
Retail sqft
Conversion feasibility index

Area Overview

Walk Score
Transit Score
Bike Score


School district 2
Community district 5
Closest police station 0.55 Miles
Closest fire station 0.06 Miles

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

Other Property Data for 500 5th Avenue, New York

New York property reports include comprehensive occupancy, development and violation information. Create a free account to access valuable data points such as:

Floor area ratio (FAR) for Salmon Tower Building - 500 5th Avenue, New York, NY 10110, 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 Salmon Tower Building - 500 5th Avenue, New York, NY 10110, including DOB violations, ECB violations, HPD violations and 311 complaints.

Alternate Addresses

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

  • 1-9 W 42nd St, New York, NY 10110
  • 500-506 5th Ave, New York, NY 10110

About 500 5th Avenue, New York

How many square feet does Salmon Tower Building - 500 5th Avenue, New York, NY 10110 have?

This Office Only with or without Commercial - 20 Stories or More (O4) located at Salmon Tower Building - 500 5th Avenue, New York, NY 10110 has a total of 659,122 square feet.

What is the year built & the current market value of Salmon Tower Building - 500 5th Avenue, New York, NY 10110?

Salmon Tower Building - 500 5th Avenue, New York, NY 10110 was built in 1931 and has a current tax assessor's market value of $262,000,000.

How many commercial spaces does this building have?

This building has 154 commercial spaces available for lease. There are 12 active listings at this address.

Ownership Information for 500 5th Avenue, New York

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Property owner name for Salmon Tower Building - 500 5th Avenue, New York, NY 10110
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Building contacts for Salmon Tower Building - 500 5th Avenue, New York, NY 10110
Building management:
Representatives (from permits):
Tenants:

Spaces for Lease in 500 5th Avenue, New York

500 Fifth Avenue
Listing type For Lease
Listing date 09/23/2019
Last updated 05/18/2026

A 59-story structure with approximately 600,813 rentable square feet, built in 1938.

View Listing

Brokers

Harry F. Blair
Lauren Hale
Michelle Mean
Harry Blair IV
Spaces
Suite name Space type Lease rate Available space Brokers
Suite 1440 General Office Listing price not available 12,400 Harry F. Blair
Lauren Hale
Michelle Mean
Harry Blair IV
24 Floor General Office Listing price not available 12,956 Harry F. Blair
Lauren Hale
Michelle Mean
Harry Blair IV
16 Floor General Office Listing price not available 19,549 Harry F. Blair
Lauren Hale
Michelle Mean
Harry Blair IV
15 Floor General Office $94/Sqft/Year 19,549 Harry F. Blair
Lauren Hale
Michelle Mean
Harry Blair IV
8 Floor General Office $82/Sqft/Year 19,955 Harry F. Blair
Lauren Hale
Michelle Mean
Harry Blair IV
29 Floor General Office $95/Sqft/Year 11,095 Harry F. Blair
Lauren Hale
Michelle Mean
Harry Blair IV
Suite 5100 General Office $115/Sqft/Year 3,630 Harry F. Blair
Lauren Hale
Michelle Mean
Harry Blair IV
57 Floor General Office $120/Sqft/Year 5,490 Harry F. Blair
Lauren Hale
Michelle Mean
Harry Blair IV
Suite 2330 General Office Listing price not available 5,057 Harry F. Blair
Lauren Hale
Michelle Mean
Harry Blair IV
55 Floor General Office $125/Sqft/Year 6,787 Harry F. Blair
Lauren Hale
Michelle Mean
Harry Blair IV
56 Floor General Office $130/Sqft/Year 5,904 Harry F. Blair
Lauren Hale
Michelle Mean
Harry Blair IV
Suite 3020 General Office $79-$130/Sqft/Year 4,457 Harry F. Blair
Lauren Hale
Michelle Mean
Harry Blair IV
Active Listings For This Property:
For Lease 500 Fifth Avenue
500 Fifth Avenue
500 5th Avenue, New York
Property Office
Availability 12 Spaces listed / 126829 Sqft
Price $79-$130/Sqft/Year
Real Estate Reports:
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Past Sales & Property History for 500 5th Avenue, New York

Create a free account to view the complete sales history for 500 5th Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.

No recorded sales for this property.

Title Documents for 500 5th Avenue, New York

To view the complete history of deeds, mortgages, assignments of leases and rents, and more, sign up for free. Available data goes back to 1966.

Date Type Amount Party 1 Party 2 Doc image
02/15/2025 - D
02/25/2025 - R
Agreement
(2025022400513001)
07/22/2024 - R UCC3 Continuation
(2024072200485001)
03/27/2024 - D
04/03/2024 - R
Agreement
(2024032800200001)
12/24/2019 - D
01/23/2020 - R
Both RPTT and RETT
(2020012200546001)
05/08/2019 - R UCC3 Continuation
(2019050701084001)
07/23/2015 - R UCC3 Assignment
(2015051901275003)
12/29/2014 - D
07/23/2015 - R
Asgn of Asgn of L&R
(2015051901275002)
12/29/2014 - D
07/23/2015 - R
Assignment, Mortgage
(2015051901275001)
12/18/2014 - D
01/06/2015 - R
Assignment of Leases and Rents
(2014123000977002)
12/18/2014 - D
01/06/2015 - R
Agreement
(2014123000977001)
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R: Recorded date
D: Document date

Property Taxes for 500 5th Avenue, New York

Access detailed property tax data for Salmon Tower Building - Salmon Tower Building - 500 5th Avenue, New York, NY 10110. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.

Tax year: 2025-2026
Property tax: $12,749,557
Estimated property tax: $12,457,843
Tax assessor's market value: $262,000,000
Assessed value: $117,900,000

Assessment History for 500 5th Avenue, New York

Here's the assessment & property tax history for 500 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 $262,000,000 $117,900,000 $117,529,103 10.848% $12,749,557 $12,749,557 -0.12%
2024/25 $274,283,000 $123,427,350 $118,612,289 10.762% $12,765,055 $12,765,055 +2.54%
2023/24 $268,444,400 $120,800,000 $117,533,254 10.592% $12,449,122 $12,449,122 +2.20%
2022/23 $254,254,000 $114,414,300 $114,414,300 10.646% $12,180,546 $12,180,546 +0.21%
2021/22 $251,142,000 $113,013,900 $113,013,900 10.755% $12,154,645 $12,154,645 -0.96%

Permits for 500 5th Avenue, New York

The complete history of permits filed for 500 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.

Filing date Job type Job status Job description Initial cost
05/11/2026 Alteration
05/11/2026 Alteration
05/07/2026 Alteration
05/07/2026 Alteration
05/07/2026 Alteration
05/04/2026 Alteration
05/04/2026 Alteration
05/01/2026 Alteration
04/01/2026 Alteration
04/01/2026 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 Q1/2026
$797
19.7% YoY
Median Price/Sqft Q4/2025
$606
-17.5% YoY
Median Price/Sqft 2025
$656
-5.9% 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 5th Ave & 42nd St at SW Corner
Station lines B-D-F-M-7
Distance (miles) 0.035
View subway map
Bus Routes
Name W 42 ST/5 Av
Line M42
Distance (miles) 0.013

Neighbors for 500 5th Avenue, New York

Here are the neighbors for Salmon Tower Building - Salmon Tower Building - 500 5th Avenue, New York, NY 10110.

Address Square feet Purchase date Purchase price
24 W 45th St, New York 17,338
580 5th Ave, New York 373,005 09/29/1981
337 W 88th St, New York 6,674 06/26/2017
30 Rockefeller Plz, New York 2,963,699
11 W 42nd St, New York 949,976 09/25/2019 $415,237
301 W 89th St, New York 8,920 10/11/2006 $358,000
31 W 52nd St, New York 730,175
325 W 88th St, New York 6,978 12/27/2012
341 W 88th St, New York 6,674 03/31/2017 $6,696,625
1 Grand Army Plz, New York
350 W 79th St, New York 3,936 06/27/1986
1 W 53rd St, New York 30,805
61 W 56th St, New York 12/03/1998
327 W 88th St, New York 6,578 09/01/2010
42 W 58th St, New York 122,889 05/06/2015 $131,760,000
605 W End Ave, New York 4,670 05/19/2000
320 W 88th St, New York 6,091 08/12/2015 $7,050,000
650 5th Ave, New York 336,010 03/18/2026 $435,000,000
57 W 56th St, New York 12/03/1998
171 Riverside Dr, New York 7,825
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