285 5th Avenue, Manhattan
Commercial · built c. 1920 · Block 860, Lot 1.
Building permits
- Alteration, filed Oct 14, 2026, estimated cost $10K, described as “Installation of pipe scaffolding as per plans. All equipment shall comply with chapter # 33 of the 2022 code. No change in use occupancy or egress under this application.”
- Alteration, filed Aug 11, 2026, estimated cost $302K, described as “General construction modifications includes on the 5th floor as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Jul 12, 2026, described as “Facade inspection”
- No Work, filed Jul 1, 2026
- Alteration, filed May 28, 2026, estimated cost $619K, described as “Mechanical modifications on the 16-18 Construction/ 17-19 Marketing Fllors as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Apr 20, 2026, estimated cost $60K, described as “Exterior installation of ADA ramp at store front entrances as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Apr 13, 2026, estimated cost $16K, described as “Installation of a temporarily Plywood Enclosure per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application”
- Alteration, filed Mar 27, 2026, estimated cost $833K, described as “General construction modifications includes on the 16th & 17th fl construction/17th & 18th fl marketing terrace as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Jan 21, 2026, estimated cost $396K, described as “General construction modifications includes on the 5th floor as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Jan 21, 2026, estimated cost $25K, described as “General construction modifications includes in the cellar & 1st floor as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Nov 13, 2025, estimated cost $55K, described as “General construction modifications includes in the cellar floor as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Nov 13, 2025, estimated cost $5K, described as “Plumbing modifications in the cellar as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Nov 13, 2025, estimated cost $7K, described as “Mechanical modifications in the cellar as per plans filed herewith. No change in use, egress, or occupancy.”
- No Work, filed Oct 1, 2025
- Alteration, filed Aug 28, 2025, estimated cost $40K, described as “This alt gc application is being filed for the tenant fit-out of an existing retail space in a high rise office building. Work includes new shuttle lula elevator and convenience stair, self levelling topping slab, partitions, door & light…”
- Alteration, filed Aug 14, 2025, estimated cost $15K, described as “Filing for Sprinkler modifications to the 8th & 10th floors as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Aug 14, 2025, estimated cost $44K, described as “Filing for mechanical modifications to the 8th & 10th floors as per plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed Aug 8, 2025, estimated cost $125K, described as “General construction modifications to the 8th & 10th floors as per plans filed herewith. No change of use, egress or occupancy.”
- Alteration, filed Jul 22, 2025, estimated cost $30K, described as “Installation of temporary adjacent roof protections per plan submitted. Work shall comply with 2022 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Jul 2, 2025, estimated cost $15K, described as “Scope of work is slab openings and framing for duct work on 2nd floor. PAA P1 is adding partial demo for slab opening to scope, no plan change.”
- Alteration, filed Jun 18, 2025, estimated cost $500, described as “Non-illuminated non-advertising accessory wall sign - just salad. No change of use, egress or occupancy.”
- Alteration, filed Jun 17, 2025, estimated cost $500, described as “Non-illuminated non-advertising accessory wall sign - just salad. No change of use, egress or occupancy.”
- Alteration, filed May 22, 2025, estimated cost $285K, described as “Filing for Sprinkler and Standpipe modifications as per the plans filed herewith. No change in use, egress or occupancy.”
- Alteration, filed May 21, 2025, estimated cost $1.7M, described as “Filing for General construction modifications as per plans filed herewith. No change of use, egress or occupancy.”
- Alteration, filed Apr 24, 2025, estimated cost $40K, described as “General construction modifications are as per the plans filed herewith. No change of use, egress, or occupancy.”
44 more, older permits are in this building’s full list on the map.
Property taxes
- Assessment
- $169,161,750
- 2026–27 tax
- $17,685,676
- Market value (city estimate)
- $375,915,000
- Taxable value
- $163,031,670
- Assessed land
- $33,345,000
- Assessed improvements
- $135,816,750
Zoning
C5-2: floor area ratio 15.14 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
- Jan 31, 2020: $1,066,000, Apt 3E
Open-market sales since 2016, from the Department of Finance’s sales files.
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.
In the news
Developers Announce 132,000-Square-Foot Lease Deal at 295 Fifth Avenue In Midtown South, Manhattan, New York YIMBY, Nov 30, 2023.