# 768 5th Avenue, Manhattan

Condominium · 163 units · built c. 1907 · Block 1274, Lot 7504.

On Umarelli: https://umarelli.org/nyc/1012747504/768-5-avenue

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

Every lot on block 1274: https://umarelli.org/nyc/manhattan/1274.md

## Building permits

- Alteration, filed Jul 17, 2026, estimated cost $53K, described as “Filing for minor interior renovations, including new finishes for bathrooms and kitchens. Pluming work will be filed under separate application.”
- Alteration, filed Nov 1, 2025, described as “Ira to assist with condition assessment.”
- Alteration, filed Aug 26, 2024, estimated cost $234K, described as “Minor General Construction and Mechanical work, as per plans filed herewith. No change to use, egress or occupancy.”
- Alteration, filed Aug 16, 2024, estimated cost $110K, described as “General construction work associated with the combination of apartments 1103 & 1105. There is no change proposed to use, egress, or occupancy.”
- Alteration, filed Aug 13, 2024, described as “IRA to assist with Condition Assessment.”
- Alteration, filed May 9, 2024, estimated cost $288K, described as “Interior renovations associated to the restoration of residential lobby as indicated on plans. No change of use egress or occupancy.”
- Alteration, filed Oct 26, 2023, estimated cost $8.4M, described as “Facade repairs. No change in use, egress or occupancy.”
- Alteration, filed Apr 18, 2023, estimated cost $187K, described as “Filing post-approval amendment for changes in apartments layout for proposed full renovation of residential condominium units 301 and 305 as per plans, combining portions of apartment 305 with apartments 309.”
- Alteration, filed Jan 10, 2023, described as “Installation of temporary sidewalk shed as per plans. No change in use, egress or occupancy.”
- Alteration, filed Dec 6, 2022, estimated cost $18K, described as “Install 19 new sprinkler heads and branch piping. no change in use, egress or occupancy.”
- Alteration, filed Dec 6, 2022, estimated cost $96K, described as “Installing non structural partitions, completing fire rating at walls and ceilings as required including insulation where necessary. install two new lintels and brick or block existing openings where necessary . no change to egress or…”
- No Work, filed May 24, 2022, described as “Eating and drinking for guest of the tony awards”
- Alteration, filed Nov 9, 2021, estimated cost $159K, described as “Repair water damage at meeting rooms at 4th and 5th fl and rooms at 5t, 6th nd 7th floors identified on plans. work include repairing the ceiling, walls and other finishes damaged. no change in use, egress or occupancy.”
- Alteration, filed Nov 1, 2021, estimated cost $1K, described as “Installation of temporary material hoist as per plan. No change in use,egress or occupancy.”
- Alteration, filed Sep 29, 2021, estimated cost $30K, described as “Relocation and replacement of 5 existing WSHP units within apartment 915, including all associated piping and wiring. Patching as required. NO CHANGES TO USE, OCCUPANCY OR EGRESS”
- Alteration, filed Aug 5, 2021, estimated cost $1K, described as “Installation of temporary storage as per plan. No change in use,egress or occupancy”
- Alteration, filed Jun 18, 2021, estimated cost $65K, described as “Installation of new heat pumps and associated ducts & piping throughout kitchen and bedrooms of unit #1801”
- Alteration, filed Jun 10, 2021, estimated cost $40K, described as “Addition of new cooling system in conjunction with the renovation of an existing 14th floor apartment, unit 1404, at 1 Central Park South, as per plans filed herewith. No change of use, egress, or occupancy.”
- Alteration, filed May 21, 2021, estimated cost $160K, described as “Renovation of an existing 14th floor apartment, unit 1404, at 1 Central Park South, as per plans filed herewith. There is no exterior work being proposed in any way whatsoever. No change of use, egress, or occupancy.”
- Alteration, filed Jan 29, 2021, estimated cost $55K, described as “Replace air conditioning units”
- Alteration, filed Oct 13, 2020, described as “Pipe scaffold proposed installation of pipe scaffold as per plan. No change in use,egress or occupancy.”
- Alteration, filed Jun 30, 2020, estimated cost $18K, described as “Relocation and replacement of 3 existing WSHP units within apartment 1003, and all associated piping and wiring. Patching as required. NO CHANGES TO USE, OCCUPANCY OR EGRESS”
- Alteration, filed Apr 24, 2020, estimated cost $1K, described as “Installation of sidewalk shed for pedestrian safety during construction. Sidewalk shed shall comply with nycc 2014 chapter 33 . No change in egress, use, or occupancy.”
- Alteration, filed Feb 24, 2020, described as “Installation of temporary sidewalk shed per plan submitted. Work shall comply with 2014 building codes chapter 33. No change in use, egress and/or occupancy with this application.”
- Alteration, filed Dec 17, 2019, estimated cost $30K, described as “In-kind replacement of 2-heat pumps in the 3RD sub-cellar. No change in use, egress or occupancy.”

5 more, older permits are in this building’s full list on the map: https://umarelli.org/nyc/1012747504/768-5-avenue.

## Property taxes

- Assessment: $192,092,877
- 2026–27 tax: $19,750,511
- Market value (city estimate): $426,872,981
- Taxable value: $173,198,527
- Assessed land: $31,882,970
- Assessed improvements: $160,209,907
- Condo units with their own tax lots: 318

## Tax breaks

- Co-op and condo abatement, with no end date, a $236,804 credit this tax year.

## Zoning

R10H (part of the lot is C5-2.5): floor area ratio 13.30 built, above the 10.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Sep 29, 2026: $1,250,000, Apt 1202
- Sep 1, 2026: $5,450,000, Apt 1709
- Aug 4, 2026: $2,160,000, Apt 702
- Mar 26, 2026: $6,900,000, Apt 1013
- Mar 13, 2026: $1,540,224, Apt 1527
- Jan 27, 2026: $5,250,000, Apt 1513
- Jan 23, 2026: $2,900,000, Apt 1621
- Jan 21, 2026: $4,999,000, Apt 1907
- Aug 7, 2025: $2,050,000, Apt 508
- Jun 30, 2025: $6,500,000, Apt 1709

The 10 most recent of 116 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 Plaza Hotel: Individual Landmark, Plaza Hotel Interiors (Interior Landmark). 50 Landmarks Preservation Commission permits are on file.

## Board and land use applications

- THE PLAZA HOTEL (City Planning P2011M0186): Completed, decided Jun 6, 2011. 06DCP094M: SPECIAL PERMIT TO ALLOW RETAIL DEVELOPMENT IN THE PARTS OF A N EXISTING HOTEL BUILDING IN AN R10-H RESIDENTIAL DISTRICT
- THE PLAZA HOTEL (City Planning P2006M0396): Completed, decided Jul 27, 2007. 06DCP094M: SPECIAL PERMIT TO ALLOW RETAIL DEVELOPMENT IN THE PARTS OF A N EXISTING HOTEL BUILDING IN AN R10-H RESIDENTIAL DISTRICT
- THE PLAZA HOTEL (City Planning P2007M0397): Completed, decided Jul 27, 2007. 06DCP094M: SPECIAL PERMIT TO ALLOW RETAIL DEVELOPMENT IN THE PARTS OF A N EXISTING HOTEL BUILDING IN AN R10-H RESIDENTIAL DISTRICT
- THE PLAZA HOTEL (City Planning P2006M0327): Completed, decided Aug 7, 2006. 06DCP094M: SPECIAL PERMIT TO ALLOW RETAIL DEVELOPMENT IN THE PARTS OF A N EXISTING HOTEL BUILDING IN AN R10-H RESIDENTIAL DISTRICT
- PLAZA HOTEL INTERIORS (City Planning P2006M0031): Completed, decided Nov 1, 2005. LANDMARK-CITY COLLEGE OF NY, REMSEN CEMETERY,TROTTING\*COURSE LA; Additional LPC #(s): 558
- PLAZA HOTEL (City Planning P1982M0028): Completed, decided May 17, 1982. SPECIAL PERMIT TO CONTINUE TO OPERATE MOCIE THEATRE

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