# 556 5th Avenue, Manhattan

Commercial · built c. 1927 · Block 1261, Lot 39.

On Umarelli: https://umarelli.org/nyc/1012610039/556-5-avenue

More construction in Midtown West: https://umarelli.org/nyc/manhattan/midtown-west.md

Every lot on block 1261: https://umarelli.org/nyc/manhattan/1261.md

## Building permits

- Alteration, filed Jul 17, 2026, estimated cost $265K, described as “Hereby filing for facade and roof repairs. No change to use, egress, occupancy.”
- Alteration, filed May 7, 2024, estimated cost $900K, described as “Cellar, sub-cellar and sidewalk rehabilitation of the philippine center as per plans filed herewith. No change in use, egress or occupancy”
- Alteration, filed Oct 6, 2023, estimated cost $19K, described as “Proposed interior renovation of two elevator machine room, flooring, ceiling and mechanical equipment as per plan. No change to use, egress and occupancy.”

## Property taxes

- Assessment: $5,375,700
- Market value (city estimate): $11,946,000
- Taxable value: $0
- Assessed land: $3,379,500
- Assessed improvements: $1,996,200

## Zoning

C5-3: floor area ratio 7.82 built, 15.00 allowed by base zoning.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

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