# 611 5th Avenue, Manhattan

Condominium · built c. 1924 · Block 1285, Lot 7501.

On Umarelli: https://umarelli.org/nyc/1012857501/611-5-avenue

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

## Building permits

- Alteration, filed Oct 29, 2026, estimated cost $1.0M, described as “Removal and construction of interior partitions, doors and ceilings as shown on drawings. No change in use, egress or occupancy.”
- Alteration, filed Oct 21, 2026, estimated cost $300K, described as “Improvement to vacant office floors. Create slap openings as shown on drawings. No change in use egress or occupancy.”
- Alteration, filed Oct 6, 2026, estimated cost $20K, described as “Installation of temporary partition to contain work areas at 11TH & 12TH floors.”
- Alteration, filed Oct 5, 2026, estimated cost $200K, described as “Removal and installation of interior non-load bearing partitions, doors and related finishes. Modification of stair entry/exit at stair F and stair G. ZFA update for proposed slab infill and openings on the 12th floor. Occupant load…”
- Alteration, filed Oct 2, 2026, described as “Installation of temporary pipe scaffold as per plan. No change in use, egress or occupancy.”
- Alteration, filed Aug 31, 2026, estimated cost $1K, described as “Installation of temporary pipe scaffold as per plan. No change in use, egress or occupancy.”
- Alteration, filed Aug 21, 2026, described as “Suspended Scaffold Installation for Facade Restoration and Inspection”
- Alteration, filed Aug 5, 2026, estimated cost $1.3M, described as “Remedial Facade work associated with FISP Cycle 10A as per plans filed herewith. No change in use, egress or occupancy under this application.”
- Alteration, filed Jul 31, 2026, estimated cost $3.0M, described as “Exterior alteration to 36th Floor terrace, including removal and replacement of balustrades, storefront, lighting as shown on drawings. No change in use, egress or occupancy.”
- Alteration, filed Jun 17, 2026, estimated cost $1.6M, described as “Removal and construction of interior partitions, doors and ceilings as shown on drawings. No change in use, egress or occupancy.”
- Alteration, filed Mar 27, 2026, estimated cost $14.0M, described as “Modification/addition to mechanical system for infrastructure upgrades as shown on drawings. No change in use, egress or occupancy.”
- Alteration, filed Jan 5, 2026, estimated cost $2.0M, described as “Removal of interior partitions, doors and ceilings as shown on drawings. No change in use, egress or occupancy.”
- No Work, filed Nov 21, 2025, described as “Temporary Place of Assembly event for IFB Networking”
- No Work, filed Nov 18, 2025, described as “Holiday party with food and beverages, invited guests only”
- Alteration, filed Feb 18, 2025, described as “Suspended scaffolds for facade restoration as shown on plans”
- Alteration, filed Jun 20, 2024, estimated cost $59K, described as “Interior renovation of exisitng hard shop on the 3RD floor. Removal of non-load bearing partitions, select finishes and installation of new partions and finishes. No change to use, ocupancy or egress.”
- Alteration, filed Mar 15, 2024, estimated cost $1K, described as “Proposed installation of temporary light duty pipe scaffold as per plans. Work shall comply with chapter #33 of 2022 the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Mar 15, 2024, estimated cost $1K, described as “Installation of temporary heavy duty sidewalk shed as per emergency letter. No change in use, egress or occupancy. Sidewalk shed shall comply with chapter #33 of the NYC building code. Live load 300PSF.”
- Alteration, filed Nov 30, 2023, estimated cost $400K, described as “Application filed for interior renovation of non-load bearing partitions, ceilings, and finishes on the 3RD floor (bottega veneta) as per plans filed herewith. No change in use, egress, or occupancy.”
- Alteration, filed Nov 30, 2023, estimated cost $80K, described as “Modification to the existing HVAC system as per plans on the 3rd floor (Bottega Veneta). No change to use, egress or occupancy.”
- Alteration, filed Oct 16, 2023, estimated cost $7K, described as “Modifications to existing sprinkler system (celine) as indicated on plans. No change in use, egress or occupancy,”
- Alteration, filed Oct 6, 2023, estimated cost $8K, described as “Modification to existing sprinkler system and related piping as shown on drawings. No change to use, egress or occupancy.”
- Alteration, filed Oct 6, 2023, estimated cost $33K, described as “Modification to existing mechanical system and related ductwork as shown on drawings. No change to use, egress or occupancy.”
- Alteration, filed Oct 5, 2023, estimated cost $135K, described as “Interior renovation of partitions, ceilings, doors and finishes as shown on drawings. No change to use, egress or occupancy.”
- Alteration, filed Sep 18, 2023, estimated cost $12K, described as “Modifications to existing sprinkler system (rl womens) as indicated on plans. No change in use, egress or occupancy,”

105 more, older permits are in this building’s full list on the map: https://umarelli.org/nyc/1012857501/611-5-avenue.

## Property taxes

- Assessment: $177,214,500
- 2026–27 tax: $17,702,606
- Market value (city estimate): $393,810,000
- Taxable value: $163,187,744
- Assessed land: $67,950,000
- Assessed improvements: $109,264,500
- Condo units with their own tax lots: 2

## Zoning

C5-2.5 (part of the lot is C5-3): floor area ratio 17.49 built, above the 12.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Sep 4, 2025: $43,600,000, Unit B
- Aug 26, 2019: $475,643, Unit A

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 Saks Fifth Avenue (Individual Landmark). 50 Landmarks Preservation Commission permits are on file.

## Board and land use applications

- Greater East Midtown - Special Subdistrict (City Planning P2016M0316): Completed, decided Aug 15, 2017. This is an application by NYC Department of City Planning requesting a text amendment to establish the East Midtown Subdistrict and extend the Special Midtown District, and to rezone a half-block area from C5-2 to C5-3 to reinforce the…
- TOWER 49 (City Planning P2007M0286): Completed, decided Jul 11, 2007. CERT TO RENEW THE PERMIT FOR AN OPEN AIR CAFE WITHIN THE\*MIDTOWN DIST (POPS)
- SAKS TOWER EAST/SWISS BANK TOWER (City Planning P1986M0187): Completed, decided May 26, 1988. 85-131M: CONSTRUCTION OF 36 STORY OFFICE TOWER SITE ADJACENT TO SAKS
- SAKS FIFTH AVE. (City Planning P1985M0464): Completed, decided Feb 28, 1985. LANDMARK-CITY COLLEGE OF NY, REMSEN CEMETERY,TROTTING\*COURSE LA; Additional LPC #(s): 294
- SAKS 5TH AVE (City Planning P1982M0658): Completed, decided Feb 16, 1983. SPEC PERMIT(ZR87-09,102,101) TO INC LOT COVRGE & MOD HT &\*SETBACK, MOD BULK REQ, & AUTH TO CONST A 48-STORY BLDG
- 623 Fifth Avenue Residential Conversion (City Planning 2024M0120): Filed. A private application for a 74-711 Special Permit to facilitate the conversion of an existing office tower to residential, resulting in approximately 175 new dwelling units, is being sought by Fifth Avenue Building Company at 623 Fifth…

## In the news

[Vornado Realty Trust To Acquire And Redevelop 623 Fifth Avenue In Midtown, Manhattan](https://newyorkyimby.com/2025/08/vornado-realty-trust-to-acquire-and-redevelop-623-fifth-avenue-in-midtown-manhattan.html), New York YIMBY, Aug 26, 2025.

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