# 39 5th Avenue, Manhattan

Co-op · 58 units · built c. 1922 · Block 568, Lot 4.

On Umarelli: https://umarelli.org/nyc/1005680004/39-5-avenue

More construction in Greenwich Village: https://umarelli.org/nyc/manhattan/greenwich-village.md

Every lot on block 568: https://umarelli.org/nyc/manhattan/568.md

## Building permits

- Alteration, filed Jun 18, 2026, estimated cost $30K, described as “Installation of a new HVAC with minor associated construction work in unit 11D on floor 011. No change in use, bulk, occupancy or egress.”
- Alteration, filed Apr 22, 2026, estimated cost $50K, described as “General construction work will include interior renovation, removal and addition ofnon-structural partitions at existing medical office #1B . No change in use, egress and occupancy.”
- Alteration, filed Apr 22, 2025, estimated cost $45K, described as “Structural work filed in conjunction with the renovation and combination of two existing dwelling units. Architectural, plumbing and mechanical work filed under separate applications. No change of use, occupancy or egress.”
- Alteration, filed Apr 22, 2025, estimated cost $50K, described as “Plumbing work filed in conjunction with the renovation and combination of two existing dwelling units. Architectural, mechanical and structural work filed under separate applications. No change of use, occupancy or egress.”
- Alteration, filed Apr 22, 2025, estimated cost $340K, described as “Renovation and combination of apartments #6AB & 7B. Architectural work as per plans. Plumbing, mechanical and structural work as per plans. No change of use, occupancy or egress.”
- Alteration, filed Apr 22, 2025, estimated cost $65K, described as “Mechanical work filed in conjunction with the renovation and combination of two existing dwelling units. Architectural, plumbing and structural work as per plans. No change of use, occupancy or egress.”
- Alteration, filed Mar 28, 2025, estimated cost $300K, described as “Interior Renovation of existing apartment associated with the General Construction scope. No change in use, egress, or occupancy under this application.”
- Alteration, filed May 29, 2024, estimated cost $62K, described as “Basement Oil Tank Removal. No change to use, egress, or occupancy.”
- Alteration, filed Nov 9, 2023, estimated cost $177K, described as “This Alteration is being filed for the renovation and combination of existing apartments 12A/B. There are no change in use, egress or occupancy.”
- Alteration, filed Nov 8, 2023, estimated cost $50K, described as “New split system air conditioning installation for apartment renovation in conjunction with GC application #M00933886-I1. Work on 12th floor apt 12A/B. There are no change in use, egress or occupancy.”
- Alteration, filed Nov 8, 2023, estimated cost $28K, described as “This Alteration is being filed for the plumbing work on the 12th floor apt #12A/B. There are no change in use, egress or occupancy.”
- Alteration, filed Apr 5, 2023, estimated cost $488K, described as “General construction for apartment reno and combination”
- Alteration, filed Apr 5, 2023, estimated cost $216K, described as “Structural work related to apartment reno and combination”
- Alteration, filed Apr 5, 2023, estimated cost $90K, described as “Mechanical work for apt reno and combination.”
- Alteration, filed Apr 5, 2023, estimated cost $83K, described as “Plumbing work for Apt reno and combination”
- Alteration, filed Jan 30, 2023, estimated cost $36K, described as “Facade Repairs as per plans filed herewith. No change to use, egress, or occupancy.”
- Alteration, filed Dec 1, 2022, estimated cost $17K, described as “Modifications to the existing HVAC System: Install (2) Air handler and Condensing Units, new ductwork and exhaust fans on the 4th Floor as per plans (Apt #4C/D - Orlando-Rhee Residence.) No change to use, egress or occupancy.”
- Alteration, filed Nov 30, 2022, estimated cost $205K, described as “Minor interior demolition. Installation of new walls, doors, suspended ceilings, flooring and finishes on the 4th Floor as per plans. (Apt #4 C/D -Orlando-Rhee Residence.) No change to use, egress or occupancy.”
- Alteration, filed Nov 30, 2022, estimated cost $28K, described as “Remove (1) gas range & piping in unit 4C; Replace: (1) tub w/ shower, (2) WC, (2) Lavs, (1) Shower; Relocate (1) DW, (1) sink, (1) gas range & piping; Install new: (1) Lav, (1) WM and (1) sink and associated CW/sanitary piping as per plans…”
- Alteration, filed Oct 7, 2022, estimated cost $5K, described as “Installation of 300 psf sidewalk shed per plans. Sidewalk shed shall comply with chapter #33 of the 2014 code. No change in use, egress or occupancy under this application.”
- Alteration, filed Jan 25, 2022, estimated cost $123K, described as “Renovate apt 12c, general construction (partitions, finishes, electrical) plumbing fixture replacements, removals, installation, no change to use, exits or occupancy”
- Alteration, filed Jan 6, 2022, estimated cost $20K, described as “New Convenience stair filed in conjunction with the renovation and combination of two dwelling units. Structural work as per plans. Architectural, mechanical and plumbing work filed under separate applications. No change of use, occupancy…”
- Alteration, filed Nov 12, 2021, estimated cost $114K, described as “Interior renovation of apartment 3A-b.minor partition and new finish work. Apartment combo as per tppn 3/97. No change in egress, bulk, useor occupancy.”
- Alteration, filed Nov 11, 2021, estimated cost $25K, described as “Plumbing work in conjunction with application M00523324. Combination of apt 3A&3B. Plumbing as per plans.no change in use, bulk, occpupancy or egress,.”
- Alteration, filed Nov 9, 2021, estimated cost $30K, described as “Mechanical work filed in conjunction with the renovation of combination of two dwelling units. Architectural, plumbing and structural work filed under separate applications. No change of use, occupancy or egress.”

5 more, older permits are in this building’s full list on the map: https://umarelli.org/nyc/1005680004/39-5-avenue.

## Property taxes

- Assessment: $8,613,000
- 2026–27 tax: $884,757
- Market value (city estimate): $19,140,000
- Taxable value: $7,708,870
- Assessed land: $1,026,000
- Assessed improvements: $7,587,000

## Tax breaks

- Co-op and condo abatement, with no end date, a $74,158 credit this tax year.

## Zoning

R10 (part of the lot is R7-2): floor area ratio 8.70 built, 10.00 allowed by base zoning.

## Recent sales

- Aug 31, 2026: $1,950,000
- Aug 26, 2026: $1,900,000
- Apr 28, 2026: $1,850,000
- Apr 21, 2026: $1,505,000
- Mar 26, 2026: $1,762,469
- Feb 24, 2026: $1,500,000
- Dec 11, 2025: $740,000
- Sep 3, 2025: $1,940,000
- Dec 23, 2024: $1,800,000
- Nov 7, 2024: $19,000,000

The 10 most recent of 37 open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## Landmarks

Part of Greenwich Village Historic District (Historic District). 50 Landmarks Preservation Commission permits are on file.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology