711 5 AVENUE
BBL 1012910001 · Class O6 · Built 1927 · 18 floors · 15 units · 711 FIFTH AVE PRINCIPAL OWNER LLC
711 5 AVENUE is a property in New York City zoned C5-3. The C5-3 classification is Commercial C5-3. The structure was built in 1927. It has 18 floors. The building contains 310,000 square feet. Built FAR is 17.16 of 10 maximum allowed. Assessed value is $189,988,650. Last sold for $909,267,500 in September 2019. Located in Council District 4.
You can build 271K sf as-of-right. The lot uses 114% of it today.
Governing use: commercial at FAR 15.00 on a 18,062 sqft lot. As-of-right means no rezoning, no variance — figures from PLUTO; verify with a zoning attorney before you underwrite.
The envelope, itemized
Every time the city discussed this parcel
No development cases on file for this parcel
When a ULURP, BSA, or landmark application touches this lot, it appears here with its full hearing trail.
Ownership chain
5 recorded transfers| Date | Type | Price | From → To |
|---|---|---|---|
| Sep 26, 2019 | DEED | — | NG 711 FIFTH AVENUE LLC→711 FIFTH AVE PRINCIPAL OWNER LLC |
| Sep 3, 2019 | DEED | $909,267,500 | 55TH & 5TH AVENUE CORPORATION→NG 711 FIFTH AVE LLC |
| Oct 3, 1983 | DEED | — | EQUITABLE LIFE ETC.→55TH & 5TH AVE. CORP. |
| Apr 27, 1977 | DEED | — | LAPENNA, MICHAEL W→EQUITABLE LIFE ASR ETAL |
| Aug 15, 1969 | DEED | — | WELLINGTON ASSOC. INC.→GOLDMAN SOL ETAL |