# 581 5th Avenue, Manhattan

Commercial · built c. 1930 · Block 1283, Lot 2.

On Umarelli: https://umarelli.org/nyc/1012830002/581-5-avenue

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

Every lot on block 1283: https://umarelli.org/nyc/manhattan/1283.md

## Building permits

- Alteration, filed May 31, 2024, estimated cost $20K, described as “General construction to commercial space consiting of interior demo as per plans filed herewith. No change to use, egress or occupancy.”

## Property taxes

- Assessment: $7,006,500
- 2026–27 tax: $743,116
- Market value (city estimate): $15,570,000
- Taxable value: $6,850,260
- Assessed land: $1,597,500
- Assessed improvements: $5,409,000

## Zoning

C5-3: floor area ratio 4.37 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