171 5 AVENUE
171 5 AVENUE is a Class O4 (office tower) building in Manhattan (BBL 1008510001) built in 1903, with 23 residential units across 21 floors.
The building is in NYC community district 105, council district 3, zoning district C6-4M, on a 8,650-square-foot lot with a building footprint of 183,449 square feet.
The current registered owner of record per NYC PLUTO is FLATIRON OWNER LLC.
The most recent ACRIS deed transfer for this BBL was recorded on October 25, 2023 when Flatiron Newmark Partners Llc conveyed the property to Flatiron Owner Llc for a non-disclosed consideration. The transaction was financed with a $30.00M mortgage from Apple Bank For Savings.
Data sourced daily from NYC PLUTO (Department of City Planning), NYC ACRIS (Department of Finance), and NYC HPD housing-maintenance code violations.
Owner of record
Most recent deed
Recent ACRIS documents (last 5)
Building stats
- Zoning:
- C6-4M
- Lot size:
- 8,650 sqft
- Building area:
- 183,449 sqft
- Floors:
- 21
- Assessed value:
- $30.3M
- Community district:
- 105
- Council district:
- 3
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 171 5 AVENUE
Who owns 171 5 AVENUE?
The current registered owner of record for 171 5 AVENUE per NYC PLUTO is FLATIRON OWNER LLC. The most recent ACRIS deed transfer for this BBL was recorded on October 25, 2023 when the property was conveyed to Flatiron Owner Llc. PLUTO ownership is refreshed monthly by NYC Department of Finance; the registered owner may not reflect transactions recorded within the last 30 days.
When was 171 5 AVENUE last sold?
The most recent ACRIS deed transfer for 171 5 AVENUE was recorded on October 25, 2023, when Flatiron Newmark Partners Llc conveyed the property to Flatiron Owner Llc for a non-disclosed consideration. The transaction was financed with a $30.00M mortgage from Apple Bank For Savings.
How many HPD violations does 171 5 AVENUE have?
No open HPD housing-maintenance code violations are on record for 171 5 AVENUE. The building is not registered with NYC HPD's landlord-registration system, which is typical for owner-occupied 1-2 family dwellings. HPD violation data is pulled daily from the NYC Open Data violations feed.
What is the assessed value of 171 5 AVENUE?
NYC Department of Finance assesses 171 5 AVENUE at $30.35M for the current tax year. NYC assesses property at a fraction of estimated market value (the assessment ratio varies by tax class — 6% for tax class 1 one-to-three-family dwellings, approximately 45% for tax class 2 rental apartment buildings), so the market value implied by this assessment is meaningfully higher. Assessment data is published by NYC Department of Finance.
What building class is 171 5 AVENUE and what does that mean?
171 5 AVENUE is NYC building class O4 — Office tower. A 20+ story office tower. Building class is assigned by NYC Department of Finance and recorded in PLUTO; it determines the property's tax class and the regulatory regime that applies.