Office building · Midtown, Manhattan

745 Fifth Avenue

New York, NY 10151

745 Fifth Avenue is a 34-floor office building in Midtown, Manhattan, built in 1930, with about 393,000 square feet of office space according to city records.

Also at 2-12 East 58th Street and 745-755 Fifth Avenue.

Office space
393K SF
Floors
34
Year built
1930
Zoning
C5-3

Office space next to its nearest neighbors

  1. 745 Fifth AvenueThis building393K SF
  2. 600 Madison Avenue1 min walk304K SF
  3. 737 Fifth Avenue1 min walk63K SF
  4. 5 East 57th Street1 min walk40K SF

The 97th largest of the 351 office buildings we track in Midtown. Compare it with 6 neighbors

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Compared with its neighbors

How 745 Fifth Avenue compares

Next to the 6 nearest large office buildings, all within a 1 minute walk, 745 Fifth Avenue ranks 2nd of 7 by office floor area. It went up in 1930; the median neighbor dates from 1948. Its estimated property tax, about $26.77 a square foot of floor area before abatements, is below the neighbors' median of $36.59.

745 Fifth Avenue and the 6 nearest large office buildings: size, floors, year built, estimated property tax per square foot
BuildingOffice spaceFloorsBuiltTax / SF
745 Fifth AvenueThis building393K SF341930$26.77
5 East 57th Street1 min walk40K SF221926$52.10
737 Fifth Avenue1 min walk63K SF161931$27.86
600 Madison Avenue1 min walk304K SF251965$24.08
General Motors Building, 761 Fifth Avenue1 min walk1.7M SF501968$46.90
19 East 57th Street1 min walk95K SF241998$23.70
592 Madison Avenue1 min walk65K SF151921$45.33
The 97th 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). 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
2-12 East 58th Street; 745-755 Fifth Avenue
ZIP code
10151
Building type
Office building (city class O4)
Total floor area
459,340 SF
Commercial floor area
459,340 SF
Office
393,254 SF
Retail
66,076 SF
Industrial and storage
10 SF
Height
34 floors
Average floor
About 13,500 SF (floor area divided by floors)
Year built
1930
Lot area
21,942 SF
Zoning district
C5-3
Built FAR
20.93
Max commercial FAR
15
Tax lot (BBL)
1012930069

Nearest subway

  • 5 Av/59 St2 min walk · Not accessible
  • 57 St5 min walk · Accessible station
  • 5 Av/53 St5 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 storefront registry (Local Law 157)

Storefronts and vacancy

Owners registered 2 storefronts at 745 Fifth Avenue for December 31, 2025, the newest annual filing the city has published, and none stood vacant that day.

Storefronts registered for December 31, 2025
2
Vacant that day
0
Share vacant across Midtown
14.3%
Share vacant along Fifth Avenue
14.0%
Share vacant citywide
9.2%

Vacant on December 31, by year

  • 20190 of 2
  • 20200 of 2
  • 20210 of 2
  • 20220 of 2
  • 20230 of 2
  • 20240 of 2
  • 20250 of 2

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 2025, pulled 2026-10-16. 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 2025 filing was due June 1, 2026, 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 W V F-PAARAMOUNT 745 PROPERTY L.P. as the owner of record. For tax year 2026/27 the city values 745 Fifth Avenue at $251.9 million and assesses it at $113.4 million. After phase-ins and exemptions its taxable value is $113.4 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 $12.3 million a year before abatements, roughly $26.77 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
W V F-PAARAMOUNT 745 PROPERTY L.P.
Tax class
Class 4 (commercial and industrial)
City market value
$251,902,200
Land market value
$69,200,000
Assessed value
$113,356,000
Estimated yearly tax
About $12.3 million
Tax per SF of floor area
About $26.77

City market value by tax year

  • 2022/23$256.4 million
  • 2023/24$272 million
  • 2024/25$268.4 million
  • 2025/26$261.1 million
  • 2026/27$251.9 million

Market value fell 2% from 2022/23 ($256.4 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

2 public companies and 3 investment managers and funds give 745 Fifth Avenue as their office address in SEC filings.

Public companies

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

  • ALL IN FUTURETECH ALLIANCE, INC. (AIFA)10-Q, Aug 2026
  • SHARONAI HOLDINGS INC. (SHAZ)10-Q, Aug 2026

Investment managers and funds

Office address on their latest 13F holdings report

  • Lionstone Capital Management LLC13F, Aug 2026
  • Searchlight Capital Partners, L.P.13F, Aug 2026
  • Upstart Wealth Management, LLC13F, 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

745 Fifth Avenue reported an ENERGY STAR score of 77 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 45.2 kBtu per square foot, 30% below the national median of 64.9 for a similar property. Its greenhouse gas emissions were about 2,697 metric tons of CO2e (5.02 kg per square foot).

ENERGY STAR score (2024)
77 of 100
Grade this score earns (Local Law 33)
B (70 to 84)
Property type (Portfolio Manager)
Office
Site energy use intensity
45.2 kBtu/SF
National median for the type
64.9 kBtu/SF
Greenhouse gas emissions
2,697 t CO2e
Emissions per SF
5.02 kg CO2e
Floor area in the filing
537,135 SF
ENERGY STAR certified
2015, 2016, 2017, 2018, 2020, 2022, 2023, 2024

ENERGY STAR score by year

  • 202275 (B)
  • 202376 (B)
  • 202477 (B)

Energy sources in 2024

  • Electricity92%
  • District steam8%

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, 745 Fifth Avenue comes to about 1,977 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 4,191 tons for 2024 to 2029 (47% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,453 tons and the same energy use counts as about 1,032 tons, still under the limit.

Period
2024 to 2029
Emissions limit
4,191 t CO2e
Estimated emissions
1,977 t CO2e
Under the limit by
2,215 t CO2e
Estimated penalty a year
None
Period
2030 to 2034
Emissions limit
1,453 t CO2e
Estimated emissions
1,032 t CO2e
Under the limit by
420 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: Other - Entertainment/Public Assembly 30,032 SF; Office 437,870 SF; Data Center 3,157 SF; Retail Store 66,076 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 4 jobs at 745 Fifth Avenue. In the last two years, interior work was permitted on 7 floors (floors 6, 17, 18, 21, 24, 26 and 27, the basement and the cellar). The newest build-out, on floors 18 and 21, was first permitted in June 2026 (construction, mechanical, plumbing, sprinklers; filed cost estimate $671,000).

New jobs, last 12 months
4
Initial permits, last 12 months
4
Newest job first permitted
July 2026
Interior build-outs, last 24 months
7
Floors with interior work, last 24 months
6, 17, 18, 21, 24, 26 and 27, basement, cellar

Recent build-outs

  • Floors 18 and 21June 2026Construction, Mechanical, Plumbing, Sprinklers; 4 jobs; est. $671,000
  • CellarAugust 2025Mechanical; est. $10,000; signed off
  • Floors 17 and 24July 2025Construction, Mechanical, Plumbing, Sprinklers; 4 jobs; est. $185,000
  • Floor 6July 2025Construction, Mechanical, Plumbing, Sprinklers; 4 jobs; est. $128,000
  • Floor 26July 2025Construction, Mechanical, Sprinklers; 3 jobs; est. $126,000; signed off
  • Floor 27April 2025Construction; est. $671,000; signed off

The newest 6 of 7 in the last 24 months.

New jobs by year

  • 202120
  • 202238
  • 202333
  • 202420
  • 202514
  • 2026 to date4

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.

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Questions about 745 Fifth Avenue

How big is 745 Fifth Avenue?

745 Fifth Avenue has about 459,000 square feet of floor area in total, including 393,000 square feet of office, 66,000 square feet of retail and 0 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.

When was 745 Fifth Avenue built?

City records list 1930 as the year built. The building is 34 floors tall.

What other addresses does 745 Fifth Avenue have?

City records list 2-12 East 58th Street and 745-755 Fifth Avenue on the same tax lot (BBL 1012930069) as 745 Fifth Avenue. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 745 Fifth Avenue?

745 Fifth Avenue is in ZIP code 10151, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 745 Fifth Avenue, New York, NY 10151, in Midtown.

What is the zoning at 745 Fifth Avenue?

The lot is in the C5-3 zoning district. PLUTO lists a built floor area ratio (FAR) of 20.93 and a maximum commercial FAR of 15 for this lot.

What subway station is closest to 745 Fifth Avenue?

The closest subway station to 745 Fifth Avenue is 5 Av/59 St (the N, R and W trains), about 550 feet away in a straight line, roughly 2 minutes on foot. Also nearby: 57 St (the M train), 5 min walk; 5 Av/53 St (the E and F trains), 5 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 745 Fifth Avenue?

The NYC Department of Finance's 2026/27 assessment roll lists W V F-PAARAMOUNT 745 PROPERTY L.P. as the owner of record of 745 Fifth Avenue (BBL 1012930069). 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 745 Fifth Avenue?

Leasemark does not have the building's tenant roster, but SEC filings name companies with offices at 745 Fifth Avenue. 2 public companies report the address as their principal executive office: ALL IN FUTURETECH ALLIANCE, INC. (AIFA); and SHARONAI HOLDINGS INC. (SHAZ). 3 investment managers and funds file 13F holdings reports from the address: Lionstone Capital Management LLC; Searchlight Capital Partners, L.P.; and Upstart Wealth Management, 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 745 Fifth Avenue?

745 Fifth Avenue reported an ENERGY STAR score of 77 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 77 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 45.2 kBtu per square foot, 30% below the national median of 64.9 for a similar property. Its greenhouse gas emissions were about 2,697 metric tons of CO2e (5.02 kg per square foot).

Does 745 Fifth Avenue meet Local Law 97?

At its 2024 energy use, 745 Fifth Avenue comes to about 1,977 metric tons of CO2e a year under Local Law 97's coefficients, against a limit of 4,191 tons for 2024 to 2029 (47% of the limit), so it would owe no penalty. From 2030 the limit drops to 1,453 tons and the same energy use counts as about 1,032 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 745 Fifth Avenue?

In the 12 months to October 2026, the Department of Buildings issued first permits for 4 jobs at 745 Fifth Avenue. In the last two years, interior work was permitted on 7 floors (floors 6, 17, 18, 21, 24, 26 and 27, the basement and the cellar). The newest build-out, on floors 18 and 21, was first permitted in June 2026 (construction, mechanical, plumbing, sprinklers; filed cost estimate $671,000). These are the Department of Buildings' DOB NOW work permits for tax lot 1012930069. 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 745 Fifth Avenue?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $113.4 million for 745 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 $12.3 million a year, roughly $26.77 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 1012930069 show the actual bill.

What is the assessed value of 745 Fifth Avenue?

For tax year 2026/27, the NYC Department of Finance puts the market value of 745 Fifth Avenue at $251.9 million ($69.2 million of it land) and its assessed value at $113.4 million, the 45% of market value the city assesses for Class 4 property. The city's market value fell 2% from 2022/23 ($256.4 million) to 2026/27.

Are there vacant storefronts at 745 Fifth Avenue?

Owners registered 2 storefronts at 745 Fifth Avenue for December 31, 2025, the newest annual filing the city has published, and none stood 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 745 Fifth Avenue?

No space at 745 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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