685 3 AVENUE
BBL 1013170001 · Class O4 · Built 1960 · 27 floors · 57 units · 685 THIRD AVENUE GROUND OWNER LLC
685 3 AVENUE is a property in New York City zoned C5-3. The C5-3 classification is Commercial C5-3. The structure was built in 1960. It has 27 floors. The building contains 559,755 square feet. Built FAR is 17.98 of 10 maximum allowed. Assessed value is $91,500,000. Last sold for $467,500,000 in October 2017. Located in Council District 4.
You can build 467K sf as-of-right. The lot uses 120% of it today.
Governing use: commercial at FAR 15.00 on a 31,129 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
8 recorded transfers| Date | Type | Price | From → To |
|---|---|---|---|
| Jan 7, 2020 | DEED | — | UNIZO REAL ESTATE NY FOUR, LLC→685 THIRD AVENUE GROUND OWNER LLC |
| Oct 16, 2017 | DEED | $467,500,000 | T-C 685 THIRD AVENUE OWNER LLC→UNIZO REAL ESTATE NY FOUR, LLC |
| Mar 30, 2015 | DEED | — | T-C 685 THIRD AVENUE LLC→T-C 685 THIRD AVENUE OWNER LLC |
| Aug 9, 2010 | DEED | $190,000,000 | PFIZER INC.→T-C 685 THIRD AVENUE LLC |
| Jun 19, 2003 | DEEDO | $250,000,000 | CALIFORNIA STATE TEACHERS' RETIREMENT SYSTEM→PFIZER, INC. |
| Jan 5, 2001 | DEED | — | 685 ACQUISITION LLC→CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM |
| Aug 18, 1997 | DEED | — | 685 THIRD AVENUE CO.→685 ACQUISITION LLC |
| May 23, 1994 | DEED | — | AMERICAN HOME PRODUCTS CORPORATION→PROFESSIONAL DATA MANAGEMENT, INC. |