Want · Office
Series B fintech needs 8,000 to 12,000 SF
Posted by the tenant · Fintech
- Where
- Midtown South, Flatiron +1
- Size
- 8,000 to 12,000 SF
- Budget
- to $85/SF
- Move in
- Jan 2027
Near subwayHigh ceilings
Owners: got a fit?I have a fit
Commercial condominium · Union Square, Manhattan
72 Fifth Avenue
New York, NY 10011
72 Fifth Avenue is a 7-floor commercial condominium in Union Square, Manhattan, built in 1920, with about 35,000 square feet of office space according to city records.
- Office space
- 35K SF
- Floors
- 7
- Year built
- 1920
- Zoning
- C6-4
The 53rd largest of the 53 office buildings we track in Union Square. Compare it with 6 neighbors
No space at 72 Fifth Avenue is listed on Leasemark yet. Own or broker space here? List it free and it is matched against every active requirement the day it goes up, or import a spreadsheet of up to 50 spaces at once. Nothing free right now? Get tenant alerts for Union Square and hear the moment a tenant posts a requirement there.
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Compared with its neighbors
How 72 Fifth Avenue compares
Next to the 6 nearest large office buildings, all within a 2 minute walk, 72 Fifth Avenue is the smallest by office floor area. It went up in 1920; the median neighbor dates from 1910. Its property tax is fully exempt on the city's assessment roll.
| Building | Office space | Floors | Built | Tax / SF | Last sale |
|---|---|---|---|---|---|
| 72 Fifth Avenue | 35K SF | 7 | 1920 | Exempt | n/a |
| 80 Fifth Avenue | 111K SF | 17 | 1908 | $16.41 | n/a |
| 60 Fifth Avenue | 114K SF | 8 | 1924 | Exempt | Jan 2010, $65M |
| 55 Fifth Avenue | 252K SF | 19 | 1912 | $7.31 | n/a |
| 84 Fifth Avenue | 118K SF | 11 | 1903 | $27.62 | n/a |
| 34 West 14th Street | 114K SF | 5 | 1930 | $8.83 | Jan 2017, $153M |
| Van Beuren Building, 71 Fifth Avenue | 122K SF | 11 | 1907 | $17.47 | n/a |
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
- ZIP code
- 10011
- Building type
- Commercial condominium (city class RC)
- Total floor area
- 35,310 SF
- Commercial floor area
- 35,308 SF
- Office
- 35,308 SF
- Height
- 7 floors
- Average floor
- About 5,000 SF (floor area divided by floors)
- Year built
- 1920
- Last major alteration
- 1984
- Lot area
- 5,158 SF
- Zoning district
- C6-4
- Built FAR
- 6.85
- Max commercial FAR
- 10
- Tax lot (BBL)
- 1005777501
Nearest subway
- 6 Av
- 14 St-Union Sq
- 8 St-NYU
Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-05; subway stations from the MTA Subway Stations dataset, pulled 2026-10-05. 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
72 Fifth Avenue is a condominium of 4 tax lots. NEW SCHOOL UNIVERSITY, one of 3 owners of record on the roll, owns the units that make up 59% of its market value. For tax year 2026/27 the city values 72 Fifth Avenue at $13.3 million and assesses it at $5.96 million. Exemptions on the roll cover the whole taxable value, which is common for government, nonprofit and payment-in-lieu-of-taxes properties.
- Largest unit owner
- NEW SCHOOL UNIVERSITY (59% of market value)
- Tax class
- Class 4 (commercial and industrial)
- City market value
- $13,252,999
- Land market value
- $2,250,001
- Assessed value
- $5,963,851
- Exemptions
- $5,963,851
- Estimated yearly tax
- Fully exempt on the roll
- Condominium tax lots
- 4
- Owners of record
- 3
City market value by tax year
Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll, summed over 4 condominium tax lots; owner names as the roll records them, which cuts some long names short), pulled 2026-10-08. Exempt properties can still owe charges or payments in lieu of taxes that the roll does not show.
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NYC energy benchmarking (Local Law 84)
Energy use and emissions
72 Fifth Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), 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 53.1 kBtu per square foot, 37% below the national median of 83.9 for a similar property. Its greenhouse gas emissions were about 208 metric tons of CO2e (4.89 kg per square foot).
- ENERGY STAR score (2024)
- None given
- Property type (Portfolio Manager)
- College/University
- Site energy use intensity
- 53.1 kBtu/SF
- National median for the type
- 83.9 kBtu/SF
- Greenhouse gas emissions
- 208 t CO2e
- Emissions per SF
- 4.89 kg CO2e
- Floor area in the filing
- 42,426 SF
Energy sources in 2024
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 2026-10-08; 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
The Department of Buildings issued no permits for new jobs at 72 Fifth Avenue in the 12 months to October 2026; the last one was first permitted in August 2021.
- New jobs, last 12 months
- 0
- Initial permits, last 12 months
- 0
- Newest job first permitted
- August 2021
- Interior build-outs, last 24 months
- 0
New jobs by year
Build-outs across Union SquareWhere NYC offices are being built out
Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-08 (permits issued through 2026-10-06). 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.
Office space nearby in Union Square
Nothing is listed nearby yet. The labeled examples below show how a space appears; they are not on the market.
What a requirement here looks like
No live requirements for office space in Union Square yet. These labeled examples show what tenants post. List a space in 72 Fifth Avenue and we match it against every new one automatically.
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Questions about 72 Fifth Avenue
How big is 72 Fifth Avenue?
72 Fifth Avenue has about 35,000 square feet of floor area in total, including 35,000 square feet of office, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.
When was 72 Fifth Avenue built?
City records list 1920 as the year built, with a major alteration recorded in 1984. The building is 7 floors tall.
What is the ZIP code of 72 Fifth Avenue?
72 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 72 Fifth Avenue, New York, NY 10011, in Union Square.
What is the zoning at 72 Fifth Avenue?
The lot is in the C6-4 zoning district. PLUTO lists a built floor area ratio (FAR) of 6.85 and a maximum commercial FAR of 10 for this lot.
What subway station is closest to 72 Fifth Avenue?
The closest subway station to 72 Fifth Avenue is 6 Av (the L, 1, 2, 3, F and M trains, connected to 14 St), about 950 feet 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; 8 St-NYU (the R and W trains), 7 min walk. Walking times are straight-line estimates; the street route is longer.
Who owns 72 Fifth Avenue?
72 Fifth Avenue is a condominium of 4 tax lots. NEW SCHOOL UNIVERSITY, one of 3 owners of record on the roll, owns the units that make up 59% of its market value. That is from the NYC Department of Finance's 2026/27 assessment roll (BBL 1005777501). Deeds and mortgages for each unit are public in ACRIS, the city's property records system.
Does 72 Fifth Avenue have an energy grade?
72 Fifth Avenue's 2024 Local Law 84 benchmarking filing got no ENERGY STAR score (no single use that ENERGY STAR scores covers more than half of the floor area), 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 53.1 kBtu per square foot, 37% below the national median of 83.9 for a similar property. Its greenhouse gas emissions were about 208 metric tons of CO2e (4.89 kg per square foot).
Is there construction at 72 Fifth Avenue?
The Department of Buildings issued no permits for new jobs at 72 Fifth Avenue in the 12 months to October 2026; the last one was first permitted in August 2021. These are the Department of Buildings' DOB NOW work permits for tax lot 1005777501. 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 72 Fifth Avenue?
The Department of Finance's 2026/27 assessment roll lists exemptions covering the whole taxable value of 72 Fifth Avenue (the sum of its 4 condominium tax lots), so there is no property tax on the roll to estimate. That is common for government, nonprofit and payment-in-lieu-of-taxes (PILOT) properties. The city's property tax records for BBL 1005777501 show what is actually billed.
What is the assessed value of 72 Fifth Avenue?
For tax year 2026/27, the NYC Department of Finance puts the market value of 72 Fifth Avenue at $13.3 million ($2.25 million of it land) and its assessed value at $5.96 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 29% from 2022/23 ($10.3 million) to 2026/27.
Is there office space for lease at 72 Fifth Avenue?
No space at 72 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.
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- 4 5 6 L N Q R W at 14 St-Union Sq