# 224 5th Avenue, Manhattan

Commercial · built c. 1850 · Block 828, Lot 39.

On Umarelli: https://umarelli.org/nyc/1008280039/224-5-avenue

More construction in Flatiron: https://umarelli.org/nyc/manhattan/flatiron.md

Every lot on block 828: https://umarelli.org/nyc/manhattan/828.md

## Building permits

- Alteration, filed Jul 11, 2025, estimated cost $212K, described as “Interior renovation for existing commercial space. There is no change in use, egress and occupancy.”
- Alteration, filed Jul 3, 2025, estimated cost $2K, described as “Plumbing work in conjunction with job #M01241358.”
- Alteration, filed Jul 3, 2025, estimated cost $212K, described as “Interior renovation for existing commercial space. There is no change in use, egress and occupancy.”
- Alteration, filed Jun 3, 2021, estimated cost $123K, described as “Remove non-load bearing partitions, doors, hung ceilings on 03& 05 fl. Provide new non-load bearing partitions, doors, lights, mech unit, ducts & diffusers to 03 fl only. No new construction on 05FL. Pl & sp worktype for 3RD fl under…”

## Property taxes

- Assessment: $1,580,850
- 2026–27 tax: $163,504
- Market value (city estimate): $3,513,000
- Taxable value: $1,507,230
- Assessed land: $499,500
- Assessed improvements: $1,081,350

## Zoning

C5-2: floor area ratio 4.83 built, 10.00 allowed by base zoning.

## Recent sales

- Dec 19, 2017: $21,000,000

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 Madison Square North Historic District (Historic District). 9 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.

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