Manhattan  »  10110  »  5th Ave  »  500 5th Ave

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

Also known as: 1-9 W 42nd St

Property image for Salmon Tower Building - 500 5th Avenue, New York, NY 10110
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Property type

Office Only with or without Commercial - 20 Stories or More (O4)

Year built

1931

Lot sq. ft.

20,920

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
Building name
Salmon Tower Building
Primary address
Salmon Tower Building - 500 5th Avenue
Alternate address(es)
1-9 W 42nd St
500-504 5th Ave
500-506 5th Ave
ZIP code
10110
Neighborhood
Central Midtown
Borough
Manhattan
Block & lot
01258-0034

Owner

Find out who owns Salmon Tower Building - 500 5th Avenue, New York, NY 10110. Uncover corporate and individual owners with a free account.

Building
Property type
Office Only with or without Commercial - 20 Stories or More (O4)
Building sq. ft.
659,122
Building dimensions
100 ft x 208 ft
Buildings on lot
1
Stories
58
Year built
1931
Last altered
2018
Building material
Tax
Tax year
2026-2027
Property tax
$12,457,843
Tax class
Floor area ratio (FAR)
Commercial FAR
Residential FAR
Buildable area
Zoning & Use
Zoning
Qualified opportunity zone
Residential units
0
Residential sq. ft.
Office sq. ft.
Retail sq. ft.
Lot
Lot dimensions
100.42 ft x 208.33 ft
Lot sq. ft.
20,920

Area overview

Walk score
99 /100.  Walker's Paradise
Transit score
100 /100.  Rider's Paradise
Bike score
93 /100.  Biker's Paradise
School district
2
Community district
5
Closest police station
0.55 Miles
Closest fire station
0.06 Miles

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

Units for Salmon Tower Building - 500 5th Avenue, New York, NY

Ownership

Ownership information for Salmon Tower Building - 500 5th Avenue, 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 Salmon Tower Building - 500 5th Avenue, New York, NY 10110

No recently recorded sales for this property.

More about New York City property records.

Title documents

Date Type Amount Party 1 Party 2
02/25/2025 - R
02/15/2025 - D		 Agreement
(2025022400513001)		 XXXXXXXXXX XXXXXXXX XXXXXXXXXXX XXXXXXXXXXXX XXX XXXXX XXXXXX (XXX XXXX) XXX
07/22/2024 - R UCC3 Continuation
(2024072200485001)		 XXX XXXXX XXXXXX (XXX XXXX) XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
04/03/2024 - R
03/27/2024 - D		 Agreement
(2024032800200001)		 XXX XXXXXXXXXX XX XXXXXXXXXXXXXX XXX XXXXX XXXXXX XXX
01/23/2020 - R
12/24/2019 - D		 Both RPTT and RETT
(2020012200546001)		 XXXXXXXX XXXXXX XXXXXXXXXXX XXX XXX XXXXXXXXXXXXX XXX
05/08/2019 - R UCC3 Continuation
(2019050701084001)		 XXX XXXXX XXXXXX (XXX XXXX) XXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
07/23/2015 - R UCC3 Assignment
(2015051901275003)		 XXX XXXXX XXXXXX (XXX XXXX) XXX XXXXXX XXXXXXXXX XXX
07/23/2015 - R
12/29/2014 - D		 Asgn of Asgn of L&R
(2015051901275002)		 XXXXXX XXXXXXXXX XXX X XXXXXXXX XXXXXXXXXXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
07/23/2015 - R
12/29/2014 - D		 Assignment, Mortgage
(2015051901275001)		 XXXXXX XXXXXXXXX XXX X XXXXXXXX XXXXXXXXXXX XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
01/06/2015 - R
12/18/2014 - D		 Assignment of Leases and Rents
(2014123000977002)		 XXX XXXXX XXXXXX (XXX XXXX) XXX XXXXXX XXXXXXXXX XXX
01/06/2015 - R
12/18/2014 - D		 Agreement
(2014123000977001)		 XXX XXXXX XXXXXX (XXX XXXX) XXX XXXXXX XXXXXXXXX XXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for Salmon Tower Building - 500 5th Avenue, 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
$12,457,843
Municipal exemptions
Recent tax assessments
Market value
$255,200,000
Assessed value
$114,840,000

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 $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%
2020/21 $257,849,000 $116,032,050 $114,764,096 10.694% $12,272,872 $12,272,872 +6.13%
2019/20 $255,555,600 $115,000,020 $109,746,041 10.537% $11,563,940 $11,563,940 +5.09%
2018/19 $274,888,888 $123,700,000 $104,657,297 10.514% $11,003,668 $11,003,668 +6.52%
2017/18 $270,977,000 $121,939,650 $98,248,436 10.514% $10,329,841 $10,329,841 +6.80%
2016/17 $214,350,000 $96,457,500 $91,470,469 10.574% $9,672,087 $9,672,087 +2.77%
Permits

Permit information for Salmon Tower Building - 500 5th Avenue, New York, NY

Filing date Job type Job status Job description Initial cost
08/18/2026 Alteration
07/13/2026 Alteration
07/13/2026 Alteration
07/07/2026 Alteration
06/16/2026 Alteration

*Most recent permits on record for this property.

More about New York City property records

Violations

DOB Violations

Violation ID Issue date Type Status
05/02/2024 Bench-failure to benchmark none
12/01/2023 Egrade-failure to post energy grade/score none
06/30/2023 Aeuhaz1-fail to certify class 1 none

*Most recent DOB violations on record for this property.

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

Property location map
FEMA flood zones
X

Hurricane evacuation zones

Property location map
Hurricane evacuation zones
-

Subway & traffic

Closest station
5th Ave & 42nd St at SW Corner
Station lines
B-D-F-M-7
Distance (miles)
0.035
View subway map

Access the detailed traffic volume map for Salmon Tower Building - 500 5th Avenue, New York, NY 10110 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 Salmon Tower Building - 500 5th Avenue, New York, NY

24 W 45th St, New York 580 5th Ave, New York 337 W 88th St, New York 30 Rockefeller Plz, New York 11 W 42nd St, New York 301 W 89th St, New York 31 W 52nd St, New York 325 W 88th St, New York 341 W 88th St, New York 1 Grand Army Plz, New York 401 W 79th St, New York 1 W 53rd St, New York 61 W 56th St, New York 327 W 88th St, New York 42 W 58th St, New York 605 W End Ave, New York 320 W 88th St, New York 650 5th Ave, New York 57 W 56th St, New York 171 Riverside Dr, New York

Nearby ZIP codes for Salmon Tower Building - 500 5th Avenue, New York, NY

10016, New York City, NY 10017, New York City, NY 10020, New York City, NY 10036, New York City, NY 10103, 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 Salmon Tower Building - 500 5th Avenue, New York, NY 10110?

The development at Salmon Tower Building - 500 5th Avenue, New York, NY 10110 was built in 1931.

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

The current market value of Salmon Tower Building - 500 5th Avenue, New York, NY 10110 is $255,200,000.

What is the total square footage of Salmon Tower Building - 500 5th Avenue, New York, NY 10110?

Salmon Tower Building - 500 5th Avenue, New York, NY 10110 has a total of 659,122 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 154.

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

This address has 11 active listing(s).

Disclaimer

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