Intersection · West 56 Street & 5 Avenue & East 56 Street
On West 56 Street · 5 Avenue · East 56 Street
Midtown-Times Square · ZIP 10019, 10022 · census tracts 104, 112.01, 112.02, 102 · community district 105 · Manhattan
Search this intersection every lot of Intersection · West 56 Street & 5 Avenue & East 56 Street, by what makes it a deal
All filters
Map Lot lines: NYC Department of Finance tax map
The corners West 56 Street & 5 Avenue & East 56 Street · 8 block faces touch the intersection
| Corner | Tax block | Fronts | Lots | Storefronts |
|---|---|---|---|---|
| NE (map) | Manhattan Block 1292 | 5 Avenue · East 56 Street | 18 | 7 |
| NW | Manhattan Block 1272 | 5 Avenue · West 56 Street | 20 | 34 |
| SW | Manhattan Block 1271 | 5 Avenue · West 56 Street | 28 | 45 |
| SE (map) | Manhattan Block 1291 | 5 Avenue · East 56 Street | 4 | 17 |
Every number on this page is over the lots fronting the street segments that meet here (DCP's LION node 0022607), on every corner. A corner is named by PAD's corner code for the block's corner lot, in the street grid's own directions (Astoria's grid is turned, so its "north" is not the compass's); where PAD gives none, or two blocks claim one corner, by the corner lot's bearing on the tax map, turned to the same grid.
This intersection in numbers
- Lots
- 68
- + 317 condominium unit lots
- Lots with a building
- 47
- Building floor area
- 6,159,728 sq ft
- Residential units
- 626
- Other units
- 518
- Storefronts
- 97
- 84 filed by owners (LL157, 2024) · 13 from business records
- Storefronts vacant
- 25.0%
- Midtown-Times Square 13.6% · Manhattan 11.1%
- of the 84 filed
- Anchors (> 5 locations)
- 8
- Named storefront businesses
- 68
- Sales, last 24 months
- ••
- Median $/sq ft, last 24 months
- ••
- single-lot priced deeds, condo units excluded
- Total assessed value
- $2,803,421,202
- Open violations
- ••
- Lots in a distress band
- ••
- moderate or worse
- New-building, major-alteration & demolition permits, 12 months
- 1
- Unused buildable floor area
- —
- governing FAR × lot area − built; rough; none for public land
- Lots held by the largest owner
- 5
- its owner group, as the property page groups owners
Benchmarks: storefront vacancy only, against the neighbourhood and the borough. The others come with the area statistics derive (phase 3).
Commercial space Storefronts as the owners filed them, and businesses licensed, registered or inspected here, per public records
84 storefronts · 25.0% vacant (2024) · Midtown-Times Square: 13.6% (2024) · Manhattan: 11.1% (2024)
storefront vacancy rate by LL157 year
Storefronts by year6
| Year | Lots filed | Storefronts | Vacant | Rate |
|---|---|---|---|---|
| 2019 | 29 | 66 | 7 | 10.6% |
| 2020 | 30 | 72 | 13 | 18.1% |
| 2021 | 34 | 93 | 32 | 34.4% |
| 2022 | 33 | 94 | 34 | 36.2% |
| 2023 | 32 | 82 | 23 | 28.0% |
| 2024 | 32 | 84 | 21 | 25.0% |
2025: only vacancy-only filings so far — the year's census is not filed yet.
Businesses on record 199
68 storefront · 131 office & other · 7 of 68 named storefronts are brands with more than 5 locations in our records
Category mix storefront businesses on record
| Food & drink | 55 |
| Retail | 8 |
| Grocery | 2 |
| Medical | 2 |
| Finance | 1 |
Not on this frontage, though Midtown-Times Square has them: Professional office (711 in the neighbourhood), Nonprofit (546 in the neighbourhood), Child care & education (69 in the neighbourhood), Personal services (17 in the neighbourhood), Government & institutional (5 in the neighbourhood).
Pipeline
1 pending liquor-licence application
An application is not a licence: the business may never open here.
Lease expirations reported end dates — not a statement that a lease ends
| Reported expiry | Storefronts |
|---|---|
| Mar 2027 | 1 |
| Sep 2027 | 1 |
| 2028 | 2 |
| 2029 | 4 |
| 2030 | 1 |
| 2031 | 2 |
| 2032 | 4 |
| 2033 | 5 |
| 2036 | 1 |
| 2037 or later | 8 |
Storefront expiries as the owners reported them to DOF under Local Law 157 (no tenant names); office leases from DOF's commercial rent abatement records (CEP/CRP). As of 2026-10-09.
Recorded leases 119
Documents recorded in ACRIS that name a lot here — not a statement that a lease runs today. An individual lessee is never named.
Sales deeds recorded in ACRIS on these lots, the last 10 years; DOF's sale record where ACRIS has none
•• building sales (•• priced) · •• condominium unit sales · •• deeds conveying several lots · median ••/sq ft
| Year | Priced sales | Median $/sq ft |
|---|---|---|
| 2018 | •• | •• |
| 2019 | •• | •• |
| 2023 | •• | •• |
| 2024 | •• | •• |
| 2025 | •• | •• |
Price ÷ today's floor area (PLUTO), single-lot deeds of a whole building only. The neighbourhood's own trend arrives with the area statistics derive (phase 4); this is the area's own.
Portfolio and assemblage sales one deed, several lots
•• kept to one tax block (an assemblage) · •• across several blocks (a portfolio)
Long holds a prospecting signal
•• lots last sold more than 20 years ago · •• with no deed on record (ACRIS reaches back to 1966; Staten Island's deeds are DOF's)
Mortgages, last 24 months
•• recorded: •• financing a purchase · •• refinance, consolidation or modification · •• in all
A mortgage recorded within 90 days after a deed on the same lot is counted as financing that purchase; any other is a refinance — our reading, not ACRIS's. ACRIS files a document against the first lot it names, so a blanket mortgage over several lots counts once. Since 2024-10-09.
Comparable sales around here the property page's comps engine, seeded with this area's census tract and building classes
| Class family | Peer set | Sales | Median price | Median $/sq ft | Median $/unit |
|---|---|---|---|---|---|
| O (19 lots of class O here) | same census tract, 18 months | •• | •• | •• | — |
Each family is compared within its own class letter (a walk-up with walk-ups), on the comps ladder's tract rungs: 18 months, widening to 24 and 36 only when fewer than four sales qualify. Every quality filter applies. Highlighted rows are on this area.
A plan shows each sale, its price, buyer and seller, the lenders and the comparable sales.
Ownership who holds each lot now — the latest deed over a stale roll, the property page's rule
53 owners hold 70 lots · 10 hold more than one (27 lots) · the largest holds 5 (7%)
The three largest owners here own 12 other buildings across the city (their owner groups, as the property page's portfolio card counts them).
| LLCs | 27 |
| Other companies, trusts and boards | 33 |
| Individuals | 8 |
| No owner name on record | 2 |
Owner mails from elsewhere: 47 of 52 lots (90%), 8 out of state · city-owned or leased: 0 · fully tax-exempt: 3 · non-profit owners: 0
An owner group is the property page's: companies and people the identity graph joins, counted in buildings across the city. Individuals are counted here like everyone else; names are shown to signed-in readers, as on the property page. Brokers and agents are a separate domain and never appear.
Liens, distress and legal the property page's distress score and its public sources, lot by lot
•• lots in a distress band (moderate or worse) · •• open violations (HPD, DOB, ECB)
| Distress band | Lots |
|---|---|
| severe | •• |
| elevated | •• |
| moderate | •• |
| low | •• |
| Record | Lots | Records |
|---|---|---|
| On a tax-lien sale list (ever) | •• | •• |
| On the latest lien-sale cycle, not redeemed | •• | — |
| Live federal tax lien against an owner | •• | •• |
| DOF property-charge arrears | •• | •• |
| Foreclosure sales, 10 years (referee or in rem) | •• | •• |
| Pending HPD litigation | •• | •• |
| Active HPD vacate order | •• | •• |
| Active FDNY vacate order | •• | •• |
| HPD repair charges (emergency repair, OMO / HWO) | •• | •• |
| HPD relocation charges (LL159) | •• | •• |
| On HPD's speculation watch list | •• | •• |
| DOB stalled site (still listed) | — | •• |
A plan shows which lots, and why.
Open means what the property page means: an HPD litigation pending, a vacate order not rescinded (FDNY: not dismissed or rescinded), arrears in DOF's latest extract, a federal lien neither released nor lapsed and matched to an owner by name and address. Open violations are counted by the distress score's own rule, never as raw rows. Exemption removals are withheld while their reading is checked, as on the property page.
Development potential zoning and floor area from PLUTO; flood and evacuation zones; street widths
0 sq ft of unused buildable floor area on 0 lots · 0 soft sites (0 sq ft) · 0 assemblage candidates
Unused buildable floor area = the FAR that governs the building (residential, commercial or community facility, the property page's rule) × lot area − built floor area. None is given for an over-built lot, a mixed-use, special-purpose or split-zoned lot, or public land (parks, airports, utilities, transport, government sites, land owned by the city, state or federal government). Rough: no bonus, inclusionary or transfer rule, no overlay or district-boundary adjustment, no zoning-lot merger. A soft site is built to under 50% of that maximum. An assemblage candidate is a group of lots sharing tax-map edges where each neighbouring pair is under-built or held by one owner group.
| Zoning district | Lots | Lot area, sq ft |
|---|---|---|
| C5-3 | 15 | 303,026 |
| C5-P | 36 | 210,439 |
| C5-2.5 | 5 | 129,910 |
| C6-6 | 5 | 42,044 |
Special districts: MiD (50). 11 lots split between districts. 8 individual landmark lots. FEMA flood zone: X (50).
Street widths a wide street (75 ft or more, ZR 12-10) changes the zoning envelope
| Frontage | Lots | Mapped width | Wide street |
|---|---|---|---|
| West 56 Street, 5 Avenue → Avenue Of The Americas | 27 | 60 ft | narrow |
| West 56 Street, 5 Avenue → Avenue Of The Americas | 17 | 60 ft | narrow |
| 5 Avenue, East 56 Street → East 57 Street | 16 | 100 ft | wide |
| East 56 Street, 5 Avenue → Madison Avenue | 8 | 60 ft | narrow |
| 5 Avenue, East 56 Street → East 57 Street | 5 | 100 ft | wide |
| East 55 Street, 5 Avenue → Madison Avenue | 4 | 60 ft | narrow |
| West 57 Street, 5 Avenue → Avenue Of The Americas | 4 | 100 ft | wide |
| 5 Avenue, East 55 Street → East 56 Street | 3 | 100 ft | wide |
| 5 Avenue, East 55 Street → East 56 Street | 3 | 100 ft | wide |
| East 56 Street, 5 Avenue → Madison Avenue | 3 | 60 ft | narrow |
| East 57 Street, 5 Avenue → Madison Avenue | 2 | 100 ft | wide |
| West 55 Street, 5 Avenue → Avenue Of The Americas | 2 | 60 ft | narrow |
| Avenue Of The Americas, West 55 Street → West 56 Street | 1 | 100 ft | wide |
| Avenue Of The Americas, West 56 Street → West 57 Street | 1 | 100 ft | wide |
| Madison Avenue, East 55 Street → East 56 Street | 1 | 80 ft | wide |
| Madison Avenue, East 56 Street → East 57 Street | 1 | 80 ft | wide |
Our reading of DCP's City Map width along each block face, not a zoning determination.
Construction & permits DOB jobs, certificates of occupancy, after-hours variances, facade inspections
| DOB jobs with a first permit issued | 12 months | 36 months |
|---|---|---|
| New buildings | 0 | 0 |
| Major alterations | 1 | 2 |
| Demolitions | 0 | 0 |
| Jobs in progress (filed in the last 36 months, not signed off or withdrawn) | Jobs |
|---|---|
| New buildings | 0 |
| Major alterations | 2 |
| Demolitions | 0 |
| Other alterations | 397 |
Certificates of occupancy issued: 33 in 12 months, 95 in 36 · after-hours work variances: 296 in 12 months (8 running now) · city construction projects: 0 · stalled sites on DOB's list: 0
Facade inspections (FISP), latest filing per building: Safe 8 · SWARMP 7 · No Report Filed 3 · Unsafe 1
A DOB job is counted once, in the month its first permit was issued; its kind is the job's own type (BIS NB/A1/DM, DOB NOW New Building/Alteration CO/Full Demolition). Since 2025-10-09 (12 months) and 2023-10-09 (36 months).
All lots 70
A plan shows each lot: its address, owner, last sale, storefronts and distress band.
Sources: NYC Department of Finance (tax map, assessment roll, LL157 storefront registry, CEP/CRP), ACRIS, DOB, DCWP, SLA, DOHMH and the other registries named on /sources; street keys from DCP's Geosupport; brands from OpenStreetMap's name-suggestion-index. As of 2026-10-09.