# 685 5th Avenue, Manhattan

Condominium · 65 units · built c. 1926 · Block 1289, Lot 7501.

On Umarelli: https://umarelli.org/nyc/1012897501/685-5-avenue

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

## 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.

## 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.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

## 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](https://newyorkyimby.com/2023/03/mandarin-oriental-residences-fifth-avenue-nears-completion-at-685-fifth-avenue-in-midtown-manhattan.html), New York YIMBY, Mar 24, 2023.

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