| Building name | Pahlavi Foundation Building |
| Primary address | Pahlavi Foundation Building - 650 5th Avenue |
| Secondary address | 642-648 5th Ave |
| Neighborhood | Central Midtown |
| Zip code | 10019 |
| Borough | Manhattan |
| Block & lot | 01267-0041 |
View detailed information on past sales, title documents and property taxes, including the assessed market value, in their dedicated tabs.
| Purchase date | 03/18/2026 |
| Purchase price | $435,000,000 |
| Tax class | Register |
| Estimated property tax | $12,008,920 |
| Lot sq. ft. | 13,625 |
| Lot dimensions | |
| Property type | Office Only with or without Commercial - 20 Stories or More (O4)
|
| Building sqft | 336,010 |
| Building dimensions |
| Buildings on lot | 1 |
| Stories | 36 |
| Year built | 1977 |
| Construction type | Register |
| School district | 2 |
| Community district | 5 |
| Closest police station | 0.35 Miles |
| Closest fire station | 0.40 Miles |
View more neighborhood information such as transportation, nearby schools and risk designations in the dedicated tab.
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You will find all alternate addresses for the property in this section.
This Office Only with or without Commercial - 20 Stories or More (O4) located at Pahlavi Foundation Building - 650 5th Avenue, New York, NY 10019 has a total of 336,010 square feet and a current price per square foot of $1,294.
What is the year built & the current market value of Pahlavi Foundation Building - 650 5th Avenue, New York, NY 10019?Pahlavi Foundation Building - 650 5th Avenue, New York, NY 10019 was built in 1977 and has a current tax assessor's market value of $244,444,400.
How many commercial spaces does this building have?This building has 67 commercial spaces available for lease. There are 8 active listings at this address.
View property contacts like owners, building management, representatives from permits and tenants with a free account. For LLC-owned properties, access manually researched real owners and phone numbers.
| Listing type | For Lease |
|---|---|
| Listing date | 09/23/2019 |
| Last updated | 05/18/2026 |
A 36-story structure with approximately 327,570 rentable square feet, built in 1979.
| Suite name | Space type | Lease rate | Available space | Brokers |
|---|---|---|---|---|
| 31 Floor | General Office | $95/Sqft/Year | 11,289 | Barry Zeller Jonathan Fales Mike Tranfalia Michelle Mean |
| Suite 3200/3220/3240 | General Office | $92/Sqft/Year | 11,289 | Barry Zeller Jonathan Fales Mike Tranfalia Michelle Mean |
| Suite 3400 | General Office | $95/Sqft/Year | 11,296 | Barry Zeller Jonathan Fales Mike Tranfalia Michelle Mean |
| Suite 2100 | General Office | $81/Sqft/Year | 4,255 | Barry Zeller Jonathan Fales Mike Tranfalia Michelle Mean |
| Suite 1720 | General Office | $79/Sqft/Year | 4,357 | Barry Zeller Jonathan Fales Mike Tranfalia Michelle Mean |
| Suite 1800 | General Office | $77/Sqft/Year | 4,287 | Barry Zeller Jonathan Fales Mike Tranfalia Michelle Mean |
| Suite 2400 | General Office | $86/Sqft/Year | 4,169 | Barry Zeller Jonathan Fales Mike Tranfalia Michelle Mean |
| 26 Floor | General Office | $85/Sqft/Year | 11,296 | Barry Zeller Jonathan Fales Mike Tranfalia Michelle Mean |
Create a free account to view the complete sales history for 650 5th Avenue, New York, including title documents, transfer conditions, mortgages, liens, and pre-foreclosures.
*Here are the three most recent sales for this property.
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.
R: Recorded date
D: Document date
Access detailed property tax data for Pahlavi Foundation Building - Pahlavi Foundation Building - 650 5th Avenue, New York, NY 10019. Tax information included: property tax, market value and assessed value, exemptions, abatements, and assessment history.
| Tax year: | 2025-2026 |
| Property tax: | $11,131,687 |
| Estimated property tax: | $12,008,920 |
| Tax assessor's market value: | $244,444,400 |
| Assessed value: | $110,000,000 |
Here's the assessment & property tax history for 650 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 | $244,444,400 | $110,000,000 | $102,615,110 | 10.848% | $11,131,687 | $11,131,687 | +0.73% |
| 2024/25 | $256,593,000 | $115,466,850 | $102,687,210 | 10.762% | $11,051,198 | $11,051,198 | +3.93% |
| 2023/24 | $239,672,000 | $107,852,400 | $100,393,840 | 10.592% | $10,633,716 | $10,633,716 | -0.24% |
| 2022/23 | $234,035,000 | $105,315,750 | $100,127,430 | 10.646% | $10,659,566 | $10,659,566 | +24.03% |
| 2021/22 | $177,572,000 | $79,907,400 | $79,907,400 | 10.755% | $8,594,041 | $8,594,041 | -22.20% |
The complete history of permits filed for 650 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.
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.
| FEMA flood zone(s): | X (See more on map) |
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Distance to Subway
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| Closest station | 5th Ave & 53rd St at SW Corner | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Station lines | E-M | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.057 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Bus Routes
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| Name | 5 Av/ W 52 St | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Line | X64 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Distance (miles) | 0.014 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Here are the neighbors for Pahlavi Foundation Building - Pahlavi Foundation Building - 650 5th Avenue, New York, NY 10019.
| Address | Square feet | Purchase date | Purchase price |
|---|---|---|---|
| 580 5th Ave, New York | 373,005 | 09/29/1981 | |
| 24 W 45th St, New York | 17,338 | ||
| 6 E 46th St, New York | 22,350 | 12/10/2001 | |
| 424 Madison Ave, New York | 62,237 | 10/31/2023 | |
| 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 | |
| 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 | ||
| 511 5th Ave, New York | 125,632 | 01/12/2006 | |
| 42 W 58th St, New York | 122,889 | 05/06/2015 | $131,760,000 |
| 422 Madison Ave, New York | 8,119 | 07/18/2001 | |
| 500 5th Ave, New York | 659,122 | 10/03/2014 | |
| 605 W End Ave, New York | 4,670 | 05/19/2000 | |
| 57 W 56th St, New York | 12/03/1998 | ||
| 171 Riverside Dr, New York | 7,825 |
