685 5th Avenue, Manhattan
Condominium · 65 units · built c. 1926 · Block 1289, Lot 7501.
Building permits
- Alteration, filed Apr 28, 2026, described as “IRA to assist with Condition Assessment”
- Alteration, filed Aug 1, 2024, estimated cost $25K, described as “Additional cosmetic finish installation on existing exterior storefront andentrance with entrance lighting improvements.”
- Alteration, filed Jan 18, 2024, estimated cost $425, described as “Non illuminated non advertising accessory wall sign - dji - no change to use, egress, or occupancy”
- Alteration, filed Jan 18, 2024, estimated cost $200, described as “Non illuminated non advertising accessory wall sign - dji - no change to use, egress, or occupancy”
- Alteration, filed Jan 4, 2024, estimated cost $21K, described as “In-kind replacement of 2-3.5 ton horizontal air handler water cooled heat pumps ceiling mounted.”
- Alteration, filed Nov 6, 2023, estimated cost $10K, described as “Proposed installation of temporary construction fence as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Jan 20, 2023, estimated cost $30K, described as “Install new fireplaces, direct vents, and exhaust fans as per plans. No change in use, occupancy, or egress.”
- Alteration, filed Aug 9, 2022, estimated cost $15K, described as “Installation of new gas-fired fireplace with associated ductwork and exhaust fan.”
- Alteration, filed Mar 24, 2021, estimated cost $1.0M, described as “Installation of Sprinkler and Standpipe systems, no change of use, occupancy or egress under this application. Temporary standpipe filed under application#M00230610-I1, Temporary Loop filed under application#M00203610”
- Alteration, filed Oct 7, 2019, estimated cost $62K, described as “Installation of temporary dry standpipe system in conjunction with alt i job # 122714697, as shown on drawings filed herewith. No proposed changes to uses, egress or occupancy under this application.”
- Alteration, filed Jul 11, 2019, described as “Installation of scaffold and guardrail for public protection. No change in use, occupancy, or egress under this application.”
- Alteration, filed Jul 9, 2019, described as “Proposed installation of heavy duty sidewalk shed as per plans. Live load 300 lbs per square feet. Sidewalk shed shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Jul 9, 2019, described as “Proposed installation of temporary construction fence as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
- Alteration, filed Jun 3, 2019, estimated cost $5K, described as “Proposed installation of temporary pipe scaffold as per plans. Work shall comply with chapter #33 of the NYC building code. No change in use, occupancy, or egress under this application.”
Property taxes
- Assessment
- $81,606,141
- 2026–27 tax
- $8,247,056
- Market value (city estimate)
- $181,347,010
- Taxable value
- $73,646,195
- Assessed land
- $5,444,994
- Assessed improvements
- $76,161,147
- Condo units with their own tax lots
- 66
Tax breaks
- Co-op and condo abatement, with no end date, a $18,373 credit this tax year.
Zoning
C5-3: floor area ratio 11.84 built, 15.00 allowed by base zoning.
Flood zone
Current FEMA flood map: zone X, minimal flood hazard.
Recent sales
- Jul 22, 2026: $4,326,000, Apt 19A
- Jul 22, 2026: $3,399,000, Apt 22A
- Jul 13, 2026: $1,550,000, Apt 7E
- Sep 19, 2025: $3,350,000, Apt 12F
- Jun 12, 2025: $3,000,000, Apt 10F
- Jan 23, 2025: $5,950,000, Apt 12A
- Dec 5, 2024: $2,300,000, Apt 6D
- Nov 18, 2024: $2,031,409, Apt 6E
- Oct 21, 2024: $17,000,000, Apt 15A
- Jun 3, 2024: $6,000,000, Apt 10A
The 10 most recent of 25 open-market sales since 2016, from the Department of Finance’s sales files.
Board and land use applications
- 685 Fifth Avenue - Signage Cert (City Planning P2017M0004): Completed, decided Jun 30, 2017. Chairperson certification pursuant to Section 81-141(b) to allow a modification to Section 32-655 (Height of signs in all other Commercial Districts.
In the news
Mandarin Oriental Residences Fifth Avenue Nears Completion at 685 Fifth Avenue, in Midtown, Manhattan, New York YIMBY, Mar 24, 2023.