Office building with commercial space · Flatiron, Manhattan

126 Fifth Avenue

New York, NY 10011

126 Fifth Avenue is a 15-floor office building with commercial space in Flatiron, Manhattan, built in 1906, with about 74,000 square feet of office space according to city records.

Also at 126-128 Fifth Avenue.

Office space
74K SF
Floors
15
Year built
1906
Zoning
C6-4M

The 57th largest of the 75 office buildings we track in Flatiron. Compare it with 6 neighbors

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Compared with its neighbors

How 126 Fifth Avenue compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 126 Fifth Avenue ranks 5th of 7 by office floor area. It went up in 1906; the median neighbor dates from 1904. Its estimated property tax, about $10.66 a square foot of floor area before abatements, is below the neighbors' median of $25.13.

126 Fifth Avenue and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
126 Fifth AvenueThis building74K SF151906$10.66
122 Fifth Avenue1 min walk223K SF111900$30.22
130 Fifth Avenue1 min walk104K SF111903$24.26
118 Fifth Avenue1 min walk60K SF111906$15.78
101 Fifth Avenue1 min walk55K SF111909$25.78
Merchants' Exchange Building, 114 Fifth Avenue1 min walk329K SF181909$28.32
Constable Building, 109 Fifth Avenue1 min walk189K SF131895$24.47
The 57th largest of the 75 office buildings we track in Flatiron: see the full list

Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area). Large means at least 50,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other address
126-128 Fifth Avenue
ZIP code
10011
Building type
Office building with commercial space (city class O6)
Total floor area
100,621 SF
Commercial floor area
81,320 SF
Office
74,320 SF
Retail
7,000 SF
Height
15 floors
Average floor
About 6,700 SF (floor area divided by floors)
Year built
1906
Last major alteration
1980
Apartments
11
Lot area
6,900 SF
Zoning district
C6-4M
Built FAR
14.58
Max commercial FAR
10
Historic district
Ladies' Mile Historic District
Tax lot (BBL)
1008190044

Nearest subway

  • 14 St4 min walk · Accessible station · connects to 6 Av
  • 14 St-Union Sq4 min walk · Accessible station
  • 23 St5 min walk · Not accessible

Nearby large buildings

All 101 large office buildings on Fifth Avenue

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-09-30; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-02. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.

NYC storefront registry (Local Law 157)

Storefronts and vacancy

Owners registered one storefront at 126 Fifth Avenue for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day.

Storefronts registered for December 31, 2024
1
Vacant that day
0
Share vacant across Flatiron
13.5%
Share vacant along Fifth Avenue
12.6%
Share vacant citywide
8.7%

Vacant on December 31, by year

  • 20190 of 1
  • 20200 of 1
  • 20210 of 1
  • 20220 of 1
  • 20230 of 1
  • 20240 of 1

Bars show the share of the lot's registered storefronts that stood vacant.

Source: NYC Department of Finance, Storefronts Reported Vacant or Not (Local Law 157), annual filings for 2019 to 2024, pulled 2026-10-02. Owners of buildings with ground- or second-floor storefronts register each one every year with its status on December 31; counts are by tax lot, as the owners filed them. The 2024 filing was due June 3, 2025, so a storefront vacant then may have been leased since. A vacant storefront is not always on the market, and none here is listed on Leasemark unless it shows above.

NYC Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists 126-8 FIFTH AVENUE, LLC as the owner of record. For tax year 2026/27 the city values 126 Fifth Avenue at $22.3 million and assesses it at $10 million. After phase-ins and exemptions its taxable value is $9.89 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $1.07 million a year before abatements, roughly $10.66 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.

Owner of record
126-8 FIFTH AVENUE, LLC
Tax class
Class 4 (commercial and industrial)
City market value
$22,251,000
Land market value
$3,000,000
Assessed value
$10,012,950
Taxable value (phased in)
$9,887,670
Estimated yearly tax
About $1.07 million
Tax per SF of floor area
About $10.66

City market value by tax year

  • 2022/23$23.2 million
  • 2023/24$22.1 million
  • 2024/25$22.3 million
  • 2025/26$20 million
  • 2026/27$22.3 million

Market value fell 4% from 2022/23 ($23.2 million) to 2026/27.

How Flatiron compares: property tax per SF across NYC neighborhoods

Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-02; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.

NYC energy benchmarking (Local Law 84)

Energy use and emissions

126 Fifth Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score, and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 65.4 kBtu per square foot, about the same as the national median of 65.3 for a similar property. Its greenhouse gas emissions were about 555 metric tons of CO2e (5.17 kg per square foot).

ENERGY STAR score (2024)
None given
Property type (Portfolio Manager)
Office
Site energy use intensity
65.4 kBtu/SF
National median for the type
65.3 kBtu/SF
Greenhouse gas emissions
555 t CO2e
Emissions per SF
5.17 kg CO2e
Floor area in the filing
107,314 SF

Energy sources in 2024

  • Natural gas58%
  • Electricity42%

Share of the energy used on site, as filed.

Source: NYC Department of Buildings and Mayor's Office of Climate and Environmental Justice, NYC Building Energy and Water Data Disclosure for Local Law 84 (2024 filing), pulled 2026-10-02; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager.

NYC Department of Buildings permits

Work permits and build-outs

In the 12 months to September 2026, the Department of Buildings issued first permits for 1 job at 126 Fifth Avenue. In the last two years, interior work was permitted on one floor (floor 2). The newest build-out, on floor 2, was first permitted in January 2026 (mechanical; filed cost estimate $157,000).

New jobs, last 12 months
1
Initial permits, last 12 months
1
Newest job first permitted
January 2026
Interior build-outs, last 24 months
1
Floors with interior work, last 24 months
2
Facade and sidewalk jobs, last 24 months
1

Recent build-outs

  • Floor 2January 2026Mechanical; est. $157,000; signed off

New jobs by year

  • 20212
  • 20220
  • 20231
  • 20242
  • 20251
  • 2026 to date1

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-02 (permits issued through 2026-09-30). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

Landmarks Preservation Commission records

Architecture and history

126 Fifth Avenue was designed by Robert Maynicke and built in 1905-1906 in the Beaux-Arts style. It stands in the Ladies' Mile Historic District, so exterior changes and new signage go through the Landmarks Preservation Commission.

Architect
Robert Maynicke
Constructed
1905-1906
Style
Beaux-Arts
Primary material
Limestone
Built as
Store and lofts

Source: NYC Landmarks Preservation Commission, Individual Landmark and Historic District Building Database on NYC Open Data, pulled 2026-10-02. A designation can cover part of a lot, such as a facade or a lobby interior.

Office space nearby in Flatiron

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Questions about 126 Fifth Avenue

How big is 126 Fifth Avenue?

126 Fifth Avenue has about 101,000 square feet of floor area in total, including 74,000 square feet of office and 7,000 square feet of retail, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

When was 126 Fifth Avenue built?

The Landmarks Preservation Commission's building records date 126 Fifth Avenue to 1905-1906, designed by Robert Maynicke. The building is 15 floors tall.

Who designed 126 Fifth Avenue?

Robert Maynicke, according to the Landmarks Preservation Commission's building records, which list the style as Beaux-Arts and its original use as store and lofts.

What other addresses does 126 Fifth Avenue have?

City records list 126-128 Fifth Avenue on the same tax lot (BBL 1008190044) as 126 Fifth Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 126 Fifth Avenue?

126 Fifth Avenue is in ZIP code 10011, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 126 Fifth Avenue, New York, NY 10011, in Flatiron.

What is the zoning at 126 Fifth Avenue?

The lot is in the C6-4M zoning district. PLUTO lists a built floor area ratio (FAR) of 14.58 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.

What subway station is closest to 126 Fifth Avenue?

The closest subway station to 126 Fifth Avenue is 14 St (the 1, 2, 3, F, M and L trains, connected to 6 Av), about 0.2 miles away in a straight line, roughly 4 minutes on foot. The MTA lists it as an accessible station. Also nearby: 14 St-Union Sq (the 4, 5, 6, L, N, Q, R and W trains), 4 min walk; 23 St (the R and W trains), 5 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 126 Fifth Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists 126-8 FIFTH AVENUE, LLC as the owner of record of 126 Fifth Avenue (BBL 1008190044). 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.

Does 126 Fifth Avenue have an energy grade?

126 Fifth Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score, and Local Law 33 letter grades come from that score, so the filing does not yield an A to D grade. Its site energy use came to 65.4 kBtu per square foot, about the same as the national median of 65.3 for a similar property. Its greenhouse gas emissions were about 555 metric tons of CO2e (5.17 kg per square foot).

Is there construction at 126 Fifth Avenue?

In the 12 months to September 2026, the Department of Buildings issued first permits for 1 job at 126 Fifth Avenue. In the last two years, interior work was permitted on one floor (floor 2). The newest build-out, on floor 2, was first permitted in January 2026 (mechanical; filed cost estimate $157,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1008190044. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

What are the property taxes at 126 Fifth Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $9.89 million for 126 Fifth Avenue. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $1.07 million a year, roughly $10.66 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1008190044 show the actual bill.

What is the assessed value of 126 Fifth Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 126 Fifth Avenue at $22.3 million ($3 million of it land) and its assessed value at $10 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 4% from 2022/23 ($23.2 million) to 2026/27.

Are there vacant storefronts at 126 Fifth Avenue?

Owners registered one storefront at 126 Fifth Avenue for December 31, 2024, the newest annual filing the city has published, and it was not vacant that day. These are the owners' filings with the Department of Finance under Local Law 157, so a storefront may have come free since. Owners and brokers can list a storefront on Leasemark for free.

Is there office space for lease at 126 Fifth Avenue?

No space at 126 Fifth Avenue 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.

1,677 buildings from city records

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