Office building · Midtown, Manhattan

712 Fifth Avenue

New York, NY 10019

712 Fifth Avenue is a 50-floor office building in Midtown, Manhattan, built in 1988, with about 462,000 square feet of office space according to city records.

Also at 712-716 Fifth Avenue and 2-8 West 56th Street.

Office space
462K SF
Floors
50
Year built
1988
Zoning
C5-3

Office space next to its nearest neighbors

  1. 712 Fifth AvenueThis building462K SF
  2. 711 Fifth Avenue1 min walk262K SF
  3. 720 Fifth Avenue1 min walk101K SF
  4. Heckscher Building1 min walk41K SF

The 89th largest of the 351 office buildings we track in Midtown. Compare it with 6 neighbors

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Compared with its neighbors

How 712 Fifth Avenue compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 712 Fifth Avenue is the largest by office floor area. Built in 1988, it is the newest of them. Its estimated property tax, about $20.81 a square foot of floor area before abatements, is below the neighbors' median of $49.90.

712 Fifth Avenue and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingOffice spaceFloorsBuiltTax / SFLast sale
712 Fifth AvenueThis building462K SF501988$20.81n/a
720 Fifth Avenue1 min walk101K SF151954$50.55Dec 2023, $397M
Heckscher Building, 724 Fifth Avenue1 min walk41K SF121921$109.89n/a
711 Fifth Avenue1 min walk262K SF181927$64.72Aug 2019, $909M
20 West 55th Street1 min walk73K SF131987$15.38Nov 2004, $18M
717 Fifth Avenue1 min walk261K SF261958$49.25n/a
24 West 57th Street1 min walk81K SF101928$19.87Jan 2025, $67.2M
The 89th largest of the 351 office buildings we track in Midtown: 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); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 35,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other addresses
712-716 Fifth Avenue; 2-8 West 56th Street
ZIP code
10019
Building type
Office building (city class O4)
Total floor area
543,411 SF
Commercial floor area
543,411 SF
Office
462,198 SF
Retail
81,213 SF
Height
50 floors
Average floor
About 10,900 SF (floor area divided by floors)
Year built
1988
Lot area
17,559 SF
Zoning district
C5-3
Built FAR
30.95
Max commercial FAR
15
Landmark status
Individual landmark
Tax lot (BBL)
1012710038

Nearest subway

  • 5 Av/53 St3 min walk · Not accessible
  • 57 St3 min walk · Accessible station
  • 5 Av/59 St4 min walk · Not accessible

Nearby large buildings

All 115 large office buildings on Fifth Avenue

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. 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 Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists 712 FIFTH AVENUE OWNER LP as the owner of record. For tax year 2026/27 the city values 712 Fifth Avenue at $231.7 million and assesses it at $104.2 million. After phase-ins and exemptions its taxable value is $104.2 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 $11.3 million a year before abatements, roughly $20.81 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
712 FIFTH AVENUE OWNER LP
Tax class
Class 4 (commercial and industrial)
City market value
$231,665,000
Land market value
$90,020,000
Assessed value
$104,249,250
Estimated yearly tax
About $11.3 million
Tax per SF of floor area
About $20.81

City market value by tax year

  • 2022/23$233.3 million
  • 2023/24$236.1 million
  • 2024/25$239.5 million
  • 2025/26$228.9 million
  • 2026/27$231.7 million

Market value fell 1% from 2022/23 ($233.3 million) to 2026/27.

How Midtown compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of itHow NYC commercial property tax works

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How to find who owns any NYC building

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 2026-10-16; 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.

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SEC filings (EDGAR)

Companies with offices here

One public company and 6 investment managers and funds give 712 Fifth Avenue as their office address in SEC filings.

Public company

Principal executive office on their latest 10-K or 10-Q

  • GRIFFON CORP (GFF)10-Q, Aug 2026

Investment managers and funds

Office address on their latest 13F holdings report

  • LuminArx Capital Management LP13F, Aug 2026
  • Mantle Ridge LP13F, Aug 2026
  • RIVERSTONE HOLDINGS LLC13F, Aug 2026
  • Sherborne Investors Management GP, LLC13F, Jul 2026
  • Tarsadia Capital, LLC13F, Aug 2026
  • Sherborne Investors Management LP13F, Jul 2026

Source: U.S. Securities and Exchange Commission, EDGAR, Financial Statement Data Sets (2025 Q4 to 2026 Q3) and Form 13F Data Sets (through August 2026), pulled 2026-10-24; names as filed. The address is the one each company reports to the SEC. This is not a tenant roster: private companies and most smaller firms do not file with the SEC, a company can report a building it owns, and an address can trail a move by a quarter. Care-of addresses, blank check companies and asset-backed issuers are left out.

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NYC energy benchmarking (Local Law 84)

Energy score, grade and emissions

712 Fifth Avenue reported an ENERGY STAR score of 76 out of 100 for 2024 in its Local Law 84 benchmarking filing. Under Local Law 33 that score earns a B (70 to 84). Its site energy use came to 49.1 kBtu per square foot, 32% below the national median of 72.4 for a similar property. Its greenhouse gas emissions were about 2,829 metric tons of CO2e (4.92 kg per square foot).

ENERGY STAR score (2024)
76 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Office
Site energy use intensity
49.1 kBtu/SF
National median for the type
72.4 kBtu/SF
Greenhouse gas emissions
2,829 t CO2e
Emissions per SF
4.92 kg CO2e
Floor area in the filing
574,857 SF
ENERGY STAR certified
2009, 2010, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024

ENERGY STAR score by year

  • 202279 (B)
  • 202379 (B)
  • 202476 (B)

Energy sources in 2024

  • Electricity69%
  • District steam31%

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 2026-10-16; grade cutoffs from the Department of Buildings energy grades page. Figures are as the owner filed them in ENERGY STAR Portfolio Manager. The grade is the one the filed score earns under the law's cutoffs; the Department of Buildings assigns the grade a building posts, which can differ.

Local Law 97 of 2019, estimated

Local Law 97 emissions limit

At its 2024 energy use, 712 Fifth Avenue comes to about 2,048 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 4,357 tons for 2024 to 2029 (47% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,536 tons and the same energy use counts as about 1,206 tons, still under the limit.

Period
2024 to 2029
Emissions limit
4,357 t CO2e
Estimated emissions
2,048 t CO2e
Under the limit by
2,310 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
1,536 t CO2e
Estimated emissions
1,206 t CO2e
Under the limit by
330 t CO2e
Estimated penalty a year
None

Estimated from the owner's 2024 Local Law 84 filing, which reports energy by source and floor area by use: Office 556,932 SF; Retail Store 17,925 SF. It applies the coefficients and per-use limits in Department of Buildings rule 1 RCNY 103-14 and Administrative Code 28-320.3.1.1 (as the Department lists them) and the $268 per ton penalty, checked 2026-10-04. It is not the building's Local Law 97 report: that report can count renewable energy credits, solar and storage deductions and, for 2024 and 2025, the law's occupancy group limits where higher, and penalties can be reduced for good faith efforts.

Change these numbers in the Local Law 97 calculator to see what a cut in energy use would do to the penalty.

How Local Law 97 works: who is covered, the 2030 limits and what owners, tenants and buyers should check.

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NYC Department of Buildings permits

Work permits and build-outs

In the 12 months to October 2026, the Department of Buildings issued first permits for 25 jobs at 712 Fifth Avenue. In the last two years, interior work was permitted on 23 floors (floors 1 to 4, 8, 9, 14, 19 to 21, 34, 36 to 38, 41 to 46 and 48 to 50 and the cellar). The newest build-out, on floor 36, was first permitted in October 2026 (construction, mechanical, sprinklers; filed cost estimate $500,000).

New jobs, last 12 months
25
Initial permits, last 12 months
26
Newest job first permitted
October 2026
Interior build-outs, last 24 months
22
Floors with interior work, last 24 months
1 to 4, 8, 9, 14, 19 to 21, 34, 36 to 38, 41 to 46 and 48 to 50, cellar
Facade and sidewalk jobs, last 24 months
1

Recent build-outs

  • Floor 36October 2026Construction, Mechanical, Sprinklers; 3 jobs; est. $500,000
  • Floor 19June 2026Construction, Mechanical, Plumbing, Sprinklers; 4 jobs; est. $1.2 million
  • Floor 8May 2026Construction, Mechanical, Plumbing, Sprinklers; 4 jobs; est. $79,000
  • Floor 45April 2026Construction, Mechanical, Plumbing, Sprinklers; 4 jobs; est. $295,000
  • Floors 41 and 42February 2026Construction, Mechanical, Plumbing, Sprinklers; 4 jobs; est. $3.1 million
  • Floors 1 and 2, cellarFebruary 2026Mechanical, Plumbing; 2 jobs; est. $287,000

The newest 6 of 22 in the last 24 months.

New jobs by year

  • 202127
  • 202234
  • 202321
  • 202429
  • 202530
  • 2026 to date25

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). 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

The Landmarks Preservation Commission designated 712 Fifth Avenue a New York City landmark on January 29, 1985. The Commission also designated the Former Coty Building, on this tax lot, a New York City landmark on January 29, 1985.

City landmark
712 Fifth Avenue Building: individual landmark, designated January 29, 1985 (LP-01533)
Landmark on this lot
Former Coty Building: individual landmark, designated January 29, 1985 (LP-01534)

Source: NYC Landmarks Preservation Commission, Individual Landmark Sites and Designated and Calendared Buildings and Sites on NYC Open Data, pulled 2026-10-16. A designation can cover part of a lot, such as a facade or a lobby interior.

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Questions about 712 Fifth Avenue

How big is 712 Fifth Avenue?

712 Fifth Avenue has about 543,000 square feet of floor area in total, including 462,000 square feet of office and 81,000 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 712 Fifth Avenue built?

City records list 1988 as the year built. The building is 50 floors tall.

Is 712 Fifth Avenue a New York City landmark?

Yes. The Landmarks Preservation Commission designated 712 Fifth Avenue an individual landmark on January 29, 1985 (LP-01533). Changes to a designated landmark, including many storefront, window and signage changes, need a permit from the Commission.

What other addresses does 712 Fifth Avenue have?

City records list 712-716 Fifth Avenue and 2-8 West 56th Street on the same tax lot (BBL 1012710038) as 712 Fifth Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 712 Fifth Avenue?

712 Fifth Avenue is in ZIP code 10019, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 712 Fifth Avenue, New York, NY 10019, in Midtown.

What is the zoning at 712 Fifth Avenue?

The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 30.95 and a maximum commercial FAR of 15 for this lot.

What subway station is closest to 712 Fifth Avenue?

The closest subway station to 712 Fifth Avenue is 5 Av/53 St (the E and F trains), about 750 feet away in a straight line, roughly 3 minutes on foot. Also nearby: 57 St (the M train), 3 min walk; 5 Av/59 St (the N, R and W trains), 4 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 712 Fifth Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists 712 FIFTH AVENUE OWNER LP as the owner of record of 712 Fifth Avenue (BBL 1012710038). 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.

Who are the tenants at 712 Fifth Avenue?

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 712 Fifth Avenue. One public company reports the address as its principal executive office: GRIFFON CORP (GFF). 6 investment managers and funds file 13F holdings reports from the address, including LuminArx Capital Management LP, Mantle Ridge LP and RIVERSTONE HOLDINGS LLC. 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.

What is the energy grade of 712 Fifth Avenue?

712 Fifth Avenue reported an ENERGY STAR score of 76 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 76 earns a B. 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 49.1 kBtu per square foot, 32% below the national median of 72.4 for a similar property. Its greenhouse gas emissions were about 2,829 metric tons of CO2e (4.92 kg per square foot).

Does 712 Fifth Avenue meet Local Law 97?

At its 2024 energy use, 712 Fifth Avenue comes to about 2,048 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 4,357 tons for 2024 to 2029 (47% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,536 tons and the same energy use counts as about 1,206 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.

Is there construction at 712 Fifth Avenue?

In the 12 months to October 2026, the Department of Buildings issued first permits for 25 jobs at 712 Fifth Avenue. In the last two years, interior work was permitted on 23 floors (floors 1 to 4, 8, 9, 14, 19 to 21, 34, 36 to 38, 41 to 46 and 48 to 50 and the cellar). The newest build-out, on floor 36, was first permitted in October 2026 (construction, mechanical, sprinklers; filed cost estimate $500,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1012710038. 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 712 Fifth Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $104.2 million for 712 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 $11.3 million a year, roughly $20.81 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012710038 show the actual bill.

What is the assessed value of 712 Fifth Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 712 Fifth Avenue at $231.7 million ($90 million of it land) and its assessed value at $104.2 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 1% from 2022/23 ($233.3 million) to 2026/27.

Is there office space for lease at 712 Fifth Avenue?

No space at 712 Fifth Avenue is listed on Leasemark right now. Nearby on Leasemark: office space for lease at 783 Madison 4th Floor in the Upper East Side (994 SF, $66.40/SF/yr). Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.

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