40 5th Avenue, Manhattan
Co-op · 80 units · built c. 1929 · Block 574, Lot 39.
Building permits
- Alteration, filed Jun 29, 2026, estimated cost $263K, described as “Partial interior renovation of apartment unit including windows and PTAC units' replacement.”
- Alteration, filed Jun 16, 2026, estimated cost $200K, described as “Renovation of an existing apartment. No change of use, occupancy or egress under this application.”
- Alteration, filed Jun 15, 2026, estimated cost $160K, described as “Interior renovation of Apt #4A. Work to include non-structural demolition, general construction, and related finishes, as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Jan 30, 2026, estimated cost $93K, described as “Masonry rebuilding, installation of new cast stone balsuters and metal rods, copingstone replacement, cast stone urn removal and resetting, installation of new base flashing as per plans filed herewith. No change to use, egress or…”
- Alteration, filed Jan 16, 2026, estimated cost $10K, described as “Herewith filing general construction work as per plans to divide an existing apartment into two units. No change of use, occupancy or egress proposed under this application.”
- Alteration, filed Nov 6, 2025, described as “File suspended scaffold outrigger systems for facade restoration and inspection.”
- Alteration, filed Oct 2, 2025, estimated cost $176K, described as “Replace lefthand boiler and reinstall existing gas/oil burner.”
- Alteration, filed Jul 29, 2025, estimated cost $105K, described as “Renovation of apartment including removal and installation of non bearing partitions and related finishes, and new thought wall opening at secondary facade over inner courtyard, as per plans filed herewith. No change to use, egress or…”
- Alteration, filed Mar 7, 2025, estimated cost $1.0M, described as “Terracotta replacement and repair, brick masonry restoration, masonry repointing and copper standing seam and resin roof replacements. As per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Dec 18, 2024, estimated cost $165K, described as “Interior renovations to existing apartment #6E. Work to include non-structural demolition, general construction, and related finishes. No change in use, egress, or occupancy.”
- Alteration, filed Aug 9, 2024, described as “Installation of suspended scaffold for facade work or inspection”
- Alteration, filed May 13, 2024, estimated cost $51K, described as “Interior renovation of existing Apartment 12-13CD, as per plans. No change to Use, Occupancy or Egress.”
- Alteration, filed May 9, 2024, described as “Installation of heavy duty sidewalk shed. No change in use, occupancy or egress. Work shall comply with chapter 33 of nycc.”
- Alteration, filed Feb 28, 2024, described as “Installation of suspended scaffold for facade work or inspection . Amend #2, change in outrigger beam and outrigger winsafe detail”
- Alteration, filed Feb 28, 2023, estimated cost $1K, described as “Installation of temporary roof protection as per plan. No change in use,egress or occupancy.”
- Alteration, filed Feb 28, 2023, estimated cost $1K, described as “Installation of temporary overhead protection / sidewalk shed as per plan. No change in use, egress or occupancy”
- Alteration, filed Feb 28, 2023, described as “Installation of temporary pipe scaffold as per plan. No change in use,egress or occupancy.”
- Alteration, filed Sep 21, 2022, estimated cost $1.0M, described as “Application to file additional facade repairs, and existing window repairs. No change in use, occupancy or egress.”
- Alteration, filed Apr 29, 2022, estimated cost $7K, described as “Renovation of existing apartment 11B on floor 011. Mechanical work. There is to be no change of use, occupancy, or egress.”
- Alteration, filed Apr 29, 2022, estimated cost $15K, described as “Installation and modification of plumbing fixtures at existing apartment 11B on floor 011. Plumbing work. There is to be no change of use, occupancy, or egress.”
- Alteration, filed Apr 28, 2022, estimated cost $159K, described as “Renovation of existing apartment 11B on floor 011. Architectural work. There is to be no change of use, occupancy, or egress.”
- Alteration, filed Mar 8, 2022, described as “Installation of heavy duty sidewalk shed. No change in use, occupancy or egress. Work shall comply with chapter 33 of nycc.”
- Alteration, filed Sep 30, 2021, estimated cost $2K, described as “Filing for minor plumbing work in apt 11C. No change to use,egress or occupancy.”
- Alteration, filed Sep 30, 2021, estimated cost $175K, described as “Filing for minor interior renovation in apt 11C. No changes to use, egress or occupancy.”
- Alteration, filed Sep 7, 2021, estimated cost $50K, described as “Filing renovation of existing residential space to combine apartment Unit 14A and Unit 14B as per plan filed herewith. Related Plumbing and General Construction work will be filed under separate applications. No change to use, egress, and…”
8 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $19,010,250
- 2026–27 tax
- $1,856,087
- Market value (city estimate)
- $42,245,000
- Taxable value
- $17,733,760
- Assessed land
- $1,561,500
- Assessed improvements
- $17,448,750
Tax breaks
- Co-op and condo abatement, with no end date, a $350,438 credit this tax year.
Zoning
R10 (part of the lot is R6): floor area ratio 11.47 built, above the 10.00 base zoning allows, which bonuses, transfers or older rules can permit.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jul 8, 2026: $7,000,000
- Apr 8, 2026: $4,400,000
- Dec 23, 2025: $6,100,000
- Oct 30, 2025: $19,000,000
- Jun 17, 2025: $2,440,000
- Feb 24, 2025: $3,595,000
- Dec 4, 2024: $3,850,000
- Jul 25, 2023: $17,000,000
- Jan 13, 2022: $3,500,000
- Dec 6, 2021: $4,000,000
The 10 most recent of 27 open-market sales since 2016, from the Department of Finance’s sales files.
Landmarks
Part of Greenwich Village Historic District (Historic District). 50 Landmarks Preservation Commission permits are on file.