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NYC Building Records · BBL 1012780001

521 5 AVENUE

Manhattan · Block 1278 · Lot 1 · Office tower (Class O4)

521 5 AVENUE is a Class O4 (office tower) building in Manhattan (BBL 1012780001) built in 1929, with 61 residential units across 38 floors.

The building is in NYC community district 105, council district 4, zoning district C5-3, on a 19,047-square-foot lot with a building footprint of 434,152 square feet.

The current registered owner of record per NYC PLUTO is 521 FIFTH AVENUE PROPERTY INVESTORS IV, LLC.

MetroDeeds shows no confirmed ACRIS deed transfer for this BBL in the last 5 years of recorded NYC public-records data.

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

521 FIFTH AVENUE PROPERTY INVESTORS IV, LLC

Most recent deed

Last transferred on May 22, 2019 for $379.3M to 521 Fifth Avenue Property Investors Iv, Llc.
Previous owner: 521 Fifth Fee Owner Llc
Mortgage: $242.0M recorded May 22, 2019 with Deutsche Bank Ag, New York Branch. Loan-to-value: 64%.
🔒 See all transfers before the 2019 sale →

Recent ACRIS documents (last 5)

DateTypeAmountParties
Nov 29, 2023AGMTNot disclosedParties redacted — full names in MetroDeeds Scout+
May 22, 2019AGMT$242.0MParties redacted — full names in MetroDeeds Scout+
May 22, 2019AGMTNot disclosedParties redacted — full names in MetroDeeds Scout+
May 22, 2019MTGE$72.0MParties redacted — full names in MetroDeeds Scout+
May 22, 2019AGMTNot disclosedParties redacted — full names in MetroDeeds Scout+
🔒 Reveal the 5 redacted buyer/seller names above →

Building stats

Units
61
Year built
1929
Class
O4
Borough
Manhattan
Zoning:
C5-3
Lot size:
19,047 sqft
Building area:
434,152 sqft
Floors:
38
Assessed value:
$77.3M
Community district:
105
Council district:
4

HPD violations

0 open
No open violations on record. Source: NYC HPD.
🔒 See every closed violation + inspection history →

Recent HPD violation details

No open HPD violations recorded for this building.

Recent ACRIS activity

5 documents in the last 5 years (most recent Nov 29, 2023).

Frequently asked questions about 521 5 AVENUE

Who owns 521 5 AVENUE?

The current registered owner of record for 521 5 AVENUE per NYC PLUTO is 521 FIFTH AVENUE PROPERTY INVESTORS IV, LLC. MetroDeeds shows no confirmed ACRIS deed transfer for this BBL in the last 5 years of recorded NYC public-records data.

When was 521 5 AVENUE last sold?

MetroDeeds shows no confirmed ACRIS deed transfer for 521 5 AVENUE in the last 5 years of recorded NYC public-records data. NYC ACRIS coverage extends back to 1966; an absence in our 5-year window typically means either the BBL has not transacted recently, or the most recent recorded document is not a DEED type (such as a refinance rather than a sale).

How many HPD violations does 521 5 AVENUE have?

No open HPD housing-maintenance code violations are on record for 521 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 521 5 AVENUE?

NYC Department of Finance assesses 521 5 AVENUE at $77.33M 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 521 5 AVENUE and what does that mean?

521 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.

More from MetroDeeds

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