Property profile

137 5th Ave New York, NY 10010

OFF-MARKET
Banks
Property ID
US63-3370376
38,650 SF 0.07 ac lot Built 1902
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 3,300 square foot executive office suite, located on the 11th floor of 137 5th Avenue in New York City's vibrant Flatiron District (zip code 10010), presents a rare opportunity for ownership. Boasting a coveted Fifth Avenue address, this full-floor cooperative offers unparalleled prestige and convenience. The space features three sides of expansive windows, providing abundant natural light and stunning city views. High ceilings (11 feet) and hardwood floors contribute to a sophisticated and elegant atmosphere. The column-free layout maximizes usability and flexibility, while the elevator opens directly into the suite for seamless access. The building itself benefits from a recently renovated, attended lobby, ensuring a professional and secure environment. Its prime location offers unparalleled access to public transportation, with proximity to ten different subway lines and the PATH train, facilitating effortless commutes for employees and clients alike. The asking price is $3,300,000, translating to a price per square foot of $1,000. This represents a unique investment opportunity in a highly sought-after location.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1902
Total area 38,650 SF
Lot 0.07 ac (3,265 SF)
Zoning code C64M
APN 00849-0002
UPID US63-3370376

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Training Center
  • Real Estate Agency
  • Party Supply Store Rental Equipment Company
  • Physician

Location

137 5th Ave New York, NY 10010-7103
New York metro Census 5200 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2025
Last sale
$2.0M
6 recorded transactions
2026
Price N/A
2025
$2.0M
2024
$487,500
2024
Price N/A
2024
Price N/A
2023
$2.2M

Zoning & alternative use

C64M · New York, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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