Fifth Avenue Building

The Fifth Avenue Building has about 705,000 square feet of floor area in total, including 586,000 square feet of office, 97,000 square feet of retail and 22,000 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

The Landmarks Preservation Commission's building records date the Fifth Avenue Building to 1908-1909, designed by Maynicke & Franke (architect), Hedden Const. Co. (masons). The building is 15 floors tall.

Maynicke & Franke (architect), Hedden Const. Co. (masons), according to the Landmarks Preservation Commission's building records, which list the style as neo-Renaissance and its original use as store and offices.

The tax lot at 1097 Broadway includes Sidewalk Clock, 200 Fifth Avenue, an individual landmark designated August 25, 1981 (LP-01172). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Landmarks Preservation Commission.

The Fifth Avenue Building is at 1097 Broadway in Flatiron, Manhattan. City records list 1097-1099 Broadway, 190-200 Fifth Avenue, 1-21 West 23rd Street and 2-4 West 24th Street on the same tax lot (BBL 1008250031). A space listed on Leasemark at any of these addresses shows up on this page.

1097 Broadway is in ZIP code 10010, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The Fifth Avenue Building is at 1097 Broadway, New York, NY 10010, in Flatiron.

The lot is in the C5-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 13.65 and a maximum commercial FAR of 10 for this lot. It is inside the Ladies' Mile Historic District, so exterior changes go through the Landmarks Preservation Commission.

The closest subway station to the Fifth Avenue Building is 23 St (the R and W trains), about 350 feet away in a straight line, roughly 1 minute on foot. Also nearby: 23 St (the F and M trains), 3 min walk; 23 St-Baruch College (the 6 train), 5 min walk. Walking times are straight-line estimates; the street route is longer.

The NYC Department of Finance's 2026/27 assessment roll lists 200 FIFTH OWNER LLC as the owner of record of the Fifth Avenue Building (BBL 1008250031). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at the Fifth Avenue Building. One public company reports the address as its principal executive office: TKO GROUP HOLDINGS, INC. (TKO). Private companies do not file with the SEC, so the full list of tenants is longer, and a company can also report a building it owns.

The Fifth Avenue Building last sold in September 2011 in a $719.5 million sale that covered 2 tax lots, this one among them, according to the deed recorded with the city. 200 FIFTH AVENUE OWNER LLC sold it to 200 FIFTH OWNER LLC. The deed is ACRIS document 2011092000104001 (BBL 1008250031) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.

The Fifth Avenue Building reported an ENERGY STAR score of 86 for calendar year 2024 in its Local Law 84 benchmarking filing. Under Local Law 33, as amended by Local Law 95 of 2019, a score of 85 or higher earns an A, 70 to 84 a B, 55 to 69 a C and under 55 a D, so 86 earns an A. The Department of Buildings assigns the grade a building posts, so the posted label can differ if a filing was corrected. Its site energy use came to 67.1 kBtu per square foot, 41% below the national median of 114.2 for a similar property. Its greenhouse gas emissions were about 4,861 metric tons of CO2e (6.5 kg per square foot).

At its 2024 energy use, the Fifth Avenue Building comes to about 3,624 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 6,387 tons for 2024 to 2029 (57% of the limit), so it would owe no penalty. From 2030 the limit drops to 2,246 tons and the same energy use counts as about 2,209 tons, still under the limit. This is an estimate from the owner's 2024 benchmarking filing using the coefficients and per-use limits in the law and the Department of Buildings rule, at $268 per ton over. It is not the building's Local Law 97 report, which can count credits and deductions this estimate cannot.

In the 12 months to October 2026, the Department of Buildings issued first permits for 16 jobs at the Fifth Avenue Building. In the last two years, interior work was permitted on 15 floors (floors 1 to 15 and the cellar). The newest build-out, on floors 2 to 6, was first permitted in August 2026 (structural; filed cost estimate $868,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008250031. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

The Department of Finance's 2026/27 assessment roll lists a taxable value of $192.8 million for the Fifth Avenue Building. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $20.9 million a year, roughly $29.67 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008250031 show the actual bill.

For tax year 2026/27, the NYC Department of Finance puts the market value of the Fifth Avenue Building at $439.5 million ($35.5 million of it land) and its assessed value at $197.8 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 9% from 2022/23 ($404.8 million) to 2026/27.

No space at 1097 Broadway is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.