NOT LISTED FOR SALE

505 5th Ave New York, NY 10017

Midtown East Neighborhood
-- Bed
-- Bath
251,043 Sq Ft
0.31 Acres

About This Home

This home is located at 505 5th Ave, New York, NY 10017. 505 5th Ave is a home located in New York County with nearby schools including P.S. 116 Mary Lindley Murray, Simon Baruch Middle School 104, and Clinton School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2017
Sold by
Level 3 Communications Llc
Bought by
Century Link Inc

Purchase Details

Closed on
Jul 25, 2002
Sold by
505 Owners Llc
Bought by
Fifth At 42Nd Llc

Purchase Details

Closed on
Mar 14, 2001
Sold by
505 Fifth Avenue Llc
Bought by
505 Owners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,810,825
Interest Rate
6.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 14, 2000
Sold by
505-507 Associates
Bought by
505 Fifth Avenue Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Century Link Inc $28,050,000 --
Fifth At 42Nd Llc -- --
505 Owners Llc -- New York Land Services Inc
505 Fifth Avenue Llc $17,400,000 Ticor Title Guarantee Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fifth@42Llc $24,081,671
Previous Owner Fifth@42Nd Llc $3,836,659
Previous Owner 505 Owners Llc $6,810,825
Previous Owner 505 Owners Llc $14,000,000
Previous Owner 505 Owners Llc $14,000,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,479,296 $54,747,450 $7,149,150 $47,598,300
2024 $7,479,296 $70,612,690 $7,149,150 $63,463,540
2023 $7,517,141 $77,263,200 $7,149,150 $70,114,050
2022 $8,388,498 $78,000,000 $7,149,150 $70,850,850
2021 $8,654,681 $80,930,250 $7,149,150 $73,781,100
2020 $8,977,524 $85,200,000 $7,149,150 $78,050,850
2019 $9,084,170 $89,203,500 $7,149,150 $82,054,350
2018 $8,925,428 $88,400,000 $7,149,150 $81,250,850
2017 $8,613,069 $84,500,000 $7,149,150 $77,350,850
2016 $8,475,645 $91,322,100 $7,149,150 $84,172,950
2015 $2,707,572 $81,900,000 $7,149,150 $74,750,850
2014 $2,707,572 $85,072,050 $7,149,150 $77,922,900
Source: Public Records

Map

New York New York County New York 10017 Midtown East

505 5th Ave, New York, NY

This home is located at 505 5th Ave, New York, NY 10017. 505 5th Ave is a home located in New York County with nearby schools including P.S. 116 Mary Lindley Murray, Simon Baruch Middle School 104, and Clinton School.

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