985 5 AVENUE
985 5 AVENUE is a Class D6 (elevator, pre-1929) building in Manhattan (BBL 1014910004) built in 1970, with 47 residential units across 25 floors.
The building is in NYC community district 108, council district 4, zoning district R10, on a 10,384-square-foot lot with a building footprint of 102,053 square feet.
The current registered owner of record per NYC PLUTO is 985 LAND HOLDING, LLC.
The most recent ACRIS deed transfer for this BBL was recorded on November 18, 2024 when 985 LAND HOLDING II, LLC conveyed the property to 985 LAND HOLDING, LLC for $10.50M. The transaction was recorded as cash (no paired mortgage instrument).
The building is registered with NYC HPD's landlord-registration system and has no open HPD housing-maintenance code violations on record as of May 18, 2026.
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
HPD registered contacts
- Head OfficerELIOT SPITZER
- Corporate Owner985 LAND HOLDING LLC
- Managing AgentROSE PROPERTY MGMT GRP LLC
- Site ManagerMARIO DJOLEVIC
Most recent deed
Recent ACRIS documents (last 5)
Building stats
- Zoning:
- R10
- Lot size:
- 10,384 sqft
- Building area:
- 102,053 sqft
- Floors:
- 25
- Assessed value:
- $22.1M
- Community district:
- 108
- Council district:
- 4
HPD violations
Recent HPD violation details
- Class AInspected Jul 10, 2019§ 329, M/D LAW AND DEPT. RULES AND REGS. PROVIDE A COMPLETED CERTIFICATE OF INSPECTION VISITS IN A PROPER FRAME AT OR NEAR MAILBOXES, BOTTOM…
- Class AInspected Jul 10, 2019§ 27-2005 HMC: POST, IN A FORM APPROVED BY THE COMMISSIONER, AND MAINTAIN A NOTICE IN A COMMON AREA OF THE BUILDING REGARDING THE PROCEDURES…
- Class AInspected Jul 10, 2019§ 26-1103 ADMIN. CODE: POST AND MAINTAIN A PROPER NOTICE ON WALL OF THE ENTRANCE STORY IN ENGLISH AND SPANISH ON THE AVAILABILITY OF THE AGE…
- Class AInspected Jul 10, 2019§ 27-2045 ADM CODE POST A PROPER NOTICE OF SMOKE DETECTOR REQUIREMENTS, IN A FORM APPROVED BY THE COMMISSIONER, AT OR NEAR THE MAIL BOX MISS…
- Class AInspected Jul 10, 2019§ 27-2104 ADM CODE POST AND MAINTAIN A PROPER SIGN ON WALL OF ENTRANCE STORY SHOWING THE REGISTRATION NUMBER ASSIGNED BY THE DEPARTMENT AND…
Recent ACRIS activity
Frequently asked questions about 985 5 AVENUE
Who owns 985 5 AVENUE?
The current registered owner of record for 985 5 AVENUE per NYC PLUTO is 985 LAND HOLDING, LLC. The most recent ACRIS deed transfer for this BBL was recorded on November 18, 2024 when the property was conveyed to 985 LAND HOLDING, 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 985 5 AVENUE last sold?
The most recent ACRIS deed transfer for 985 5 AVENUE was recorded on November 18, 2024, when 985 LAND HOLDING II, LLC conveyed the property to 985 LAND HOLDING, LLC for $10.50M. The transaction was recorded as cash (no paired mortgage instrument).
How many HPD violations does 985 5 AVENUE have?
No open HPD housing-maintenance code violations are on record for 985 5 AVENUE as of May 18, 2026. The building is registered with NYC HPD's landlord-registration system. HPD violation data is pulled daily from the NYC Open Data violations feed.
What is the assessed value of 985 5 AVENUE?
NYC Department of Finance assesses 985 5 AVENUE at $22.14M 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 985 5 AVENUE and what does that mean?
985 5 AVENUE is NYC building class D6 — Elevator, pre-1929. A pre-1929 elevator apartment 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.