168 5th Avenue, Manhattan
Mixed use · 5 units · built 1940 · Block 823, Lot 43.
Building permits
- Alteration, filed Nov 7, 2025, estimated cost $15K, described as “Replace the existing outdoor condenser and indoor air handling unit with new ones. Obtain a Certificate of Compliance card for the new HVAC. No change to use, egress, or occupancy.”
- Alteration, filed Dec 4, 2023, estimated cost $275K, described as “Interior renovation of existing commercial space. No change in use, egress, or occupancy.”
- Alteration, filed Sep 7, 2023, estimated cost $15K, described as “Replace existing outdoor condenser and indoor air handling unit with new. Obtain Certificate of Compliance card for new HVAC. No change of use, egress or occupancy under this application”
- Alteration, filed Sep 28, 2022, estimated cost $113K, described as “General construction. Minor Interior renovation of existing commercial space #301. Minor plumbing work to be filed subsequently. No Change to use, egress or occupancy.”
- Alteration, filed Sep 10, 2021, estimated cost $9K, described as “Application filed for interior removal of non-load bearing partitions and finishes on the 1ST floor retail space (cbd kratom) as per plans filed herewith. No change in use, egress or occupancy”
Property taxes
- Assessment
- $6,746,850
- 2026–27 tax
- $704,159
- Market value (city estimate)
- $14,993,000
- Taxable value
- $6,491,140
- Assessed land
- $675,000
- Assessed improvements
- $6,071,850
Zoning
C6-4M (part of the lot is C6-4A): floor area ratio 3.52 built, 10.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Landmarks
Part of Ladies' Mile Historic District (Historic District). 49 Landmarks Preservation Commission permits are on file.
Board and land use applications
- Flatiron BID Expansion (City Planning 2021M0260): Business improvement district, Completed, filed Nov 30, 2020, decided May 19, 2021. An application from the Small Business Services (SBS) on behalf of the Flatiron Business Improvement District (BID) to modify the existing plan and expand the BID in Community Districts 4 and 5 of Manhattan.
- 168 5TH AVE (City Planning P2003M0322): Completed, decided May 16, 2003. CERT TO ALLOW THE CONVERSION TO RESDL USE ON THE 4TH & 5TH*FLRS & PRESERVE FLR AREA ON THE 1ST, 2ND & 3RD FLRS FOR*COMMRL & MFG USES W/IN THE LADIES MILE HISTORIC DIST