85 5th Ave Unit 8 New York, NY 10003
Flatiron District NeighborhoodEstimated payment $65,756/month
Highlights
- Elevator
- 3-minute walk to 14 Street-Union Square
- High-Rise Community
- Sixth Avenue Elementary School Rated A
- No Heating
- 2-minute walk to Union Square Park
About This Home
Opportunities to purchase at 85 Fifth Avenue are exceptionally rare—so rare, in fact, that this marks the first office sale in the building in more than 10 years.
Positioned along one of Manhattan’s most iconic corridors, at the intersection of Union Square, Flatiron, and Greenwich Village, 85 Fifth Avenue offers buyers a chance to secure long-term ownership in a tightly held cooperative where supply is virtually nonexistent.
The available space benefits from strong natural light, efficient proportions, and flexible layouts ideal for owner-users, professional firms, or investors seeking stability in a premier Fifth Avenue location. The building’s classic prewar architecture conveys permanence and credibility, while modern systems support today’s office needs. The building is completely electric, will not be subject to any NYC Local Law 97 carbon emission fines in 2030, and boasts an Energy Efficiency Grade of 97.
Some space highlights include brand new electric baseboard heating, 3 Zone HVAC, 5 private bathrooms, 11 1⁄2 foot ceilings and lots of oversized windows bringing in great natural light.
With leasing costs continuing to fluctuate and quality inventory shrinking, ownership at 85 Fifth Avenue provides control, predictability, and insulation from market volatility—advantages that have clearly motivated existing shareholders to hold for decades.
This offering represents a once-in-a-generation opportunity to establish a lasting presence on Fifth Avenue in a building where ownership rarely changes hands.
Perfect for an owner/user or an investor, as the space can be easily reconfigured or subdivided to meet your needs.
The ground floor retail is anchored by the recently opened New York Flagship Nespresso Experience Store.
Asking Price is 8.99M
RE Tax/CAM is $18,040 Per Month
Property Details
Home Type
- Co-Op
Est. Annual Taxes
- $216,480
Year Built
- Built in 1901
Home Design
- 9,300 Sq Ft Home
- Entry on the 1st floor
Bedrooms and Bathrooms
- 5 Bathrooms
Utilities
- No Cooling
- No Heating
Listing and Financial Details
- Legal Lot and Block 0001 / 00844
Community Details
Overview
- 13 Units
- High-Rise Community
- Flatiron Subdivision
- 13-Story Property
Amenities
- Elevator
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/13/2026 01/13/26 | For Sale | $8,999,999 | -- | $968 / Sq Ft |
Source: Real Estate Board of New York (REBNY)
MLS Number: RLS20066700
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Ask me questions while you tour the home.