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
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 | Register |
| Estimated property tax | $12,457,843 |
Lot & Building Information for 500 5th Avenue, New York
| Lot sq. ft. | 20,920 |
| Lot dimensions | |
| Property type | Office Only with or without Commercial - 20 Stories or More (O4)
|
| Building sqft | 659,122 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 58 |
| Year built | 1931 |
| Year last altered | 2018 |
| Construction type | Register |
Area Overview
| 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
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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
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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Spaces for Lease in 500 5th Avenue, New York
| 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.
Brokers
| 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 |
Past Sales & Property History for 500 5th Avenue, New York
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No recorded sales for this property.
Title Documents for 500 5th Avenue, New York
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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.
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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) |
Transportation
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Distance to Subway
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| Closest station | 5th Ave & 42nd St at SW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | B-D-F-M-7 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.035 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| 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 |