New York City » 10022 » 5th Ave » 641 5th Ave

641 5th Avenue #C1, New York, NY 10022 - Property report

Also known as: 641 5th Ave #C1

Property image for 641 5th Avenue #C1, New York, NY 10022

Property type

Office Space (RB)

Year built

1973

Lot sq. ft.

21,736

Sale price

$1,425,000,000

General information

Address

Primary address

641 5th Avenue #C1

Alternate address(es)

3 E 51st St #C1

ZIP code

10022

Neighborhood

Central Midtown

Borough

Manhattan

Block & lot

01287-1000

Building

Property type

Office Space (RB)

Unit sq. ft.

359,681

Building dimensions

112.9 ft x 180 ft

Buildings on lot

Stories

Year built

1973

Building material

Sales

Sale date

05/01/2017

Sale price

$1,425,000,000

Tax

Tax year

2026-2027

Property tax

$15,395,529

Tax class

Floor area ratio (FAR)

Commercial FAR

Residential FAR

Buildable area

Zoning & Use

Zoning

Qualified opportunity zone

Residential units

224

Residential sq. ft.

Office sq. ft.

Retail sq. ft.

Lot

Lot dimensions

201 ft x 193 ft

Lot sq. ft.

21,736

Area overview

Walk score

95 /100. Walker's Paradise

Transit score

100 /100. Rider's Paradise

Bike score

86 /100. Very Bikeable

School district

Community district

Closest police station

0.29 Miles

Closest fire station

0.39 Miles

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

Ownership

Ownership information for 641 5th Avenue #C1, 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 641 5th Avenue #C1, New York, NY 10022

Sale date	Sale price	Buyer name	Seller name
05/01/2017	$1,425,000,000	XX XXXX XXXXXX XXXXX XXX	XXXXXXX XXXXX XXX
05/01/2017	$532,950,000	XXX XX XXXX XXXXXXXX (XX) XXX	XXXXXXX XXXX XXXXXX XXXXXXXXXXX XXXXXXXXXXX
04/28/2017	$76,541,025	XXX XX XXXX XXXXXXXX (XX) XXX	XX XXXXXXXX XXXXX XXXXXXX (XX) XX

*Most recent sales on record for this property.

More about New York City property records.

Title documents

Date	Type	Party 1	Party 2
11/30/2022 - R 11/16/2022 - D	Sundry Agreement (2022112900097001)	XXXX XXXXX XXXXXXX XXX XXX	XX XXXX XXXXXX XXXXX XXX
12/17/2021 - R	UCC3 Continuation (2021121501757001)	XX XXXX XXXXXX XXXXX XXX	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
10/20/2020 - R 08/26/2020 - D	Agreement (2020101500700001)	XXX XXXXXXXXXX XXX	XXX XXXXXXX XXXXX XXXXXX XXXXXXXX XXXXX
03/18/2019 - R 12/10/2018 - D	Deed (2018121400116001)	XXXXXX (XXXXXXXX) XXXXXX X	XXXXXX XXXXXX X
12/29/2017 - R 12/16/2017 - D	Deed (2017122200558001)	XXXXXXX X XXXXXXX	XXXXX XXXXX X
06/06/2017 - R	UCC3 Assignment (2017060601190003)	XX XXXX XXXXXX XXXXX XXX	XXXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX
06/06/2017 - R	UCC3 Assignment (2017060601190002)	XX XXXX XXXXXX XXXXX XXX	XXXXXX XXXXXXX XXXX X X
06/06/2017 - R	UCC3 Assignment (2017060601190001)	XX XXXX XXXXXX XXXXX XXX	XXXXXXXX XXXX XX XXX XXXX XXXXXX
06/08/2017 - R 05/30/2017 - D	Asgn of Asgn of L&R (2017060800434003)	XXXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX	XXXXX XXXXX XXXX XXXXXXXX XXXXXXXXXXX XX XXXXXXX
06/08/2017 - R 05/30/2017 - D	Asgn of Asgn of L&R (2017060800434001)	XXXXXXXX XXXX XX XXX XXXX XXXXXX	XXXXXX XXXXXXXX XXXXXXX XXXXXXXXXXX

*Most recent recorded documents on file for this property.

R: Recorded date
D: Document date

Tax

Property taxes for 641 5th Avenue #C1, 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

$15,395,529

Municipal exemptions

Recent tax assessments

Market value

$320,610,017

Assessed value

$144,274,508

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	$308,706,000	$138,917,700	$138,917,700	10.848%	$15,069,792	$15,069,792	-5.75%
2024/25	$375,512,017	$168,980,408	$148,571,081	10.762%	$15,989,220	$15,989,220	+5.86%
2023/24	$316,888,900	$142,600,000	$142,600,000	10.592%	$15,104,192	$15,104,192	-0.34%
2022/23	$325,688,900	$146,560,005	$142,355,000	10.646%	$15,155,113	$15,155,113	+0.62%
2021/22	$316,640,000	$142,488,000	$140,043,000	10.755%	$15,061,625	$15,061,625	+6.12%
2020/21	$316,060,000	$142,227,000	$132,725,640	10.694%	$14,193,680	$14,193,680	+8.97%
2019/20	$311,111,100	$139,999,995	$123,612,240	10.537%	$13,025,022	$13,025,022	+6.47%
2018/19	$327,310,000	$147,289,500	$116,350,819	10.514%	$12,233,125	$12,233,125	+10.96%
2017/18	$306,452,000	$137,903,400	$104,853,679	10.514%	$11,024,316	$11,024,316	+10.13%
2016/17	$235,336,000	$105,901,200	$94,665,679	10.574%	$10,009,949	$10,009,949	+6.07%

Permits

Permit information for 641 5th Avenue #C1, New York, NY

No recently recorded permits for this property.

More about New York City property records

Violations

DOB Violations

No recently recorded violations for this property.

Listings

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

FEMA flood zones

Hurricane evacuation zones

Subway & traffic

Closest station

5th Ave & 53rd St at SE Corner

Station lines

E-M

Distance (miles)

0.077

View subway map

Access the detailed traffic volume map for 641 5th Avenue #C1, New York, NY 10022 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

Nearby ZIP codes for 641 5th Avenue #C1, New York, NY

10017, New York City, NY 10020, New York City, NY 10021, New York City, NY 10065, New York City, NY 10103, New York City, NY 10112, 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 641 5th Avenue #C1, New York, NY 10022?

The development at 641 5th Avenue #C1, New York, NY 10022 was built in 1973.

What is the market value of 641 5th Avenue #C1, New York, NY 10022?

The current market value of 641 5th Avenue #C1, New York, NY 10022 is $320,610,017.

What is the total square footage of 641 5th Avenue #C1, New York, NY 10022?

641 5th Avenue #C1, New York, NY 10022 has a total of 359,681 square feet.

How many commercial spaces does this building have?

The number of commercial spaces in this building is 1.

Disclaimer

All data comes from government sources. No attempt has been made to validate it. No attempt has been made to validate the accuracy of the programming of this website.

Do not rely on this report to support investment decisions. The only authoritative source for the information in this report is the government agencies from which the data was acquired.