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385 5th Avenue

385 5th Avenue, New York, NY 10016
Property in Midtown South
38 Units
The building on the property was first built in 1929 and is 95 years old. The building has a total of 15 stories. The linear feet between the front and back of the lot is 125 ft and across the front of the lot is 50 ft.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The total value of the property was assessed at $12,721,950. Specifically, the land the property is located on was valued at $3,600,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1929
  • First Altered Year: 1987
  • Building Count: 1
  • Floor Count: 15
  • Total Unit Count: 38
  • Basement Type: 1

    Dimensions

  • Lot Area Sqft: 6,218
  • Lot Size Depth Feet: 125
  • Lot Size Frontage Feet: 50
  • Building Depth: 125
  • Building Frontage: 50
  • Gross Building Area: 88,595

    Building Floor Area

  • Commercial Building Floor Area: 88,595
  • Office Building Floor Area: 83,595
  • Retail Building Floor Area: 5,000

    Floor Area Ratio

  • Built Floor Area Ratio: 14
  • Residential Floor Area Ratio: 10
  • Commercial Floor Area Ratio: 15
  • Facilities Floor Area Ratio: 15

Building

  • Building Type: O6
  • Lot Type: 3
  • Land Use: 05
  • Irregular Lot Code: N
  • Proximity Code: 2
  • Extension Code: N

Neighborhood

  • Community District: 105
  • City Council District: 4
  • Police Precinct: 14
  • Fire Company: E065
  • Health Area: 5200
  • Sanitation District Borough: 1
  • Sanitation Subsection: 2B
  • School District: 02

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: C5-3
  • Special Purpose District 1: MiD

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 865
  • Lot: 71
  • Borough Block Lot: 1008650071

    Address

  • Full Address: 385 5 Avenue
  • Zip Code: 10016

Valuation

    Assessments Valuation

  • Assessed Total Value: $12,721,950
  • Assessed Land Value: $3,600,000

    Exemptions

  • Exempt Total Value: $0
  • Exempt Land Value: $0

About Midtown Manhattan



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Frequently Asked Questions

What neighborhood is 385 5th Avenue located in?
The 385 5th Avenue is a located in the neighborhood of Midtown South in Midtown Manhattan, New York.
What is the average sales price for listings in 385 5th Avenue?
The average sales price for units in 385 5th Avenue is $0 currently.

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