720 5 AVENUE
720 5 AVENUE is a Class O6 (office building) building in Manhattan (BBL 1012720034) built in 1954, with 18 residential units across 15 floors.
The building is in NYC community district 105, council district 4, zoning district C5-3, on a 7,553-square-foot lot with a building footprint of 113,292 square feet.
The current registered owner of record per NYC PLUTO is 720 FIFTH USA, LLC.
The most recent ACRIS deed transfer for this BBL was recorded on December 19, 2023 when 720 FIFTH SUB A LLC conveyed the property to 720 FIFTH USA, LLC for $397.39M. The transaction was recorded as cash (no paired mortgage instrument).
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:
- C5-3
- Lot size:
- 7,553 sqft
- Building area:
- 113,292 sqft
- Floors:
- 15
- Assessed value:
- $53.1M
- Community district:
- 105
- Council district:
- 4
HPD violations
Recent HPD violation details
Recent ACRIS activity
Frequently asked questions about 720 5 AVENUE
Who owns 720 5 AVENUE?
The current registered owner of record for 720 5 AVENUE per NYC PLUTO is 720 FIFTH USA, LLC. The most recent ACRIS deed transfer for this BBL was recorded on December 19, 2023 when the property was conveyed to 720 FIFTH USA, 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 720 5 AVENUE last sold?
The most recent ACRIS deed transfer for 720 5 AVENUE was recorded on December 19, 2023, when 720 FIFTH SUB A LLC conveyed the property to 720 FIFTH USA, LLC for $397.39M. The transaction was recorded as cash (no paired mortgage instrument).
How many HPD violations does 720 5 AVENUE have?
No open HPD housing-maintenance code violations are on record for 720 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 720 5 AVENUE?
NYC Department of Finance assesses 720 5 AVENUE at $53.14M 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 720 5 AVENUE and what does that mean?
720 5 AVENUE is NYC building class O6 — Office building. Office building. 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.