256 5th Avenue, Manhattan
Commercial · built c. 1893 · Block 830, Lot 41.
Building permits
- Alteration, filed Mar 7, 2025, estimated cost $4K, described as “This Alteration application is being filed for the plumbing work at the subject premises. Install new plumbing fixtures. Existing storm piping to remain. There are no change in use, egress or occupancy under this application.”
- Alteration, filed Dec 18, 2024, estimated cost $150K, described as “Interior build out of Cellar and 1st floor in conjunction with Alt I application #121813840. There are no change in use, egress or occupancy under this application.”
- Alteration, filed Apr 14, 2021, estimated cost $20K, described as “Propose installation of new sprinkler heads”
- Alteration, filed Apr 12, 2021, estimated cost $13K, described as “Relocate or modification of existing air distribution ductwork to accomodate new proposed architectural layouts at 5TH floor. No change to use or egress filed under this application.”
- Alteration, filed Apr 9, 2021, estimated cost $25K, described as “Minor interior renovation to existing 5TH floor office spaces. Renovation includes erecting new partitions for office spaces. O change to occupancy or egress under this application.”
- Alteration, filed Dec 10, 2020, estimated cost $25K, described as “Relocation or modification of existing air distribution ductwork to accommodate new proposed architects layouts at 2nd and 3rd floors.”
- Alteration, filed Dec 10, 2020, estimated cost $41K, described as “Modification of sprinkler system filed in conjunction with renovation of offices. No change of use, occupancy or egress under this application.”
Property taxes
- Assessment
- $1,201,500
- 2026–27 tax
- $110,734
- Market value (city estimate)
- $2,670,000
- Taxable value
- $1,020,780
- Assessed land
- $337,500
- Assessed improvements
- $864,000
Zoning
C5-2: floor area ratio 5.23 built, 10.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Landmarks
Part of Madison Square North Historic District (Historic District). 13 Landmarks Preservation Commission permits are on file.
Board and land use applications
- 262 Fifth Avenue (City Planning 2022M0352): Special permit, Completed, filed Oct 14, 2022, decided Aug 30, 2023. A special permit pursuant to ZR Section 13-451 to facilitate a 23-space garage in a new 26-unit predominantly residential building, is being sought by Five Points JV L.P. at 262 5th Avenue in the NoMad neighborhood, Community District 5,…
- 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.