# 597 5th Avenue, Manhattan

Commercial · built c. 1913 · Block 1284, Lot 2.

On Umarelli: https://umarelli.org/nyc/1012840002/597-5-avenue

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

## Building permits

- Alteration, filed Oct 29, 2026, estimated cost $1K, described as “Removal of interior partitions in existing commercial building. No change to use, occupancy, or egress.”
- Major Renovation — Conversion, filed Jun 29, 2026, 34 units added, 12 stories, described as “Application filed to convert floors 4-10 to residential”

## Property taxes

- Assessment: $20,601,000
- 2026–27 tax: $2,228,939
- Market value (city estimate): $45,780,000
- Taxable value: $20,547,000
- Assessed land: $3,591,000
- Assessed improvements: $17,010,000

## Zoning

C5-3: floor area ratio 9.87 built, 15.00 allowed by base zoning.

## Recent sales

- Mar 25, 2026: $54,000,000, 52,727 sq ft ($1,024 per sq ft)
- Jun 10, 2025: $55,949, sold with other lots

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 Charles Scribner's Sons Building: Individual Landmark, Charles Scribner's Sons Building (Interior Landmark). 50 Landmarks Preservation Commission permits are on file.

## Board and land use applications

- CHARLES SCRIBNER'S SONS BLDG INTER. (City Planning P1990M0042): Completed, decided Sep 14, 1989. LANDMARK-CITY COLLEGE OF NY, REMSEN CEMETERY,TROTTING\*COURSE LA; Additional LPC #(s): 344
- 597 FIFTH AVE (City Planning P1982M0798): Completed, decided May 27, 1982. LANDMARK-CITY COLLEGE OF NY, REMSEN CEMETERY,TROTTING\*COURSE LA; Additional LPC #(s): 622

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