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Property Description
Opportunities to purchase at 85 Fifth Avenue are exceptionally rare-so rare, in fact, that this marks the first office sale in the building in more than 10 years. Positioned along one of Manhattan's most iconic corridors, at the intersection of Union Square, Flatiron, and Greenwich Village, 85 Fifth Avenue offers buyers a chance to secure long-term ownership in a tightly held cooperative where supply is virtually nonexistent. The available space benefits from strong natural light, efficient proportions, and flexible layouts ideal for owner-users, professional firms, or investors seeking stability in a premier Fifth Avenue location. The building's classic prewar architecture conveys permanence and credibility, while modern systems support today's office needs. The building is completely electric, will not be subject to any NYC Local Law 97 carbon emission fines in 2030, and boasts an Energy Efficiency Grade of 97. Some space highlights include brand new electric baseboard heating, 3 Zone HVAC, 5 private bathrooms, 11 ½ foot ceilings and lots of oversized windows bringing in great natural light. With leasing costs continuing to fluctuate and quality inventory shrinking, ownership at 85 Fifth Avenue provides control, predictability, and insulation from market volatility-advantages that have clearly motivated existing shareholders to hold for decades. This offering represents a once-in-a-generation opportunity to establish a lasting presence on Fifth Avenue in a building where ownership rarely changes hands. Perfect for an owner/user or an investor, as the space can be easily reconfigured or subdivided to meet your needs. The ground floor retail is anchored by the recently opened New York Flagship Nespresso Experience Store. Asking Price is 8.99M RE Tax/CAM is $18,040 Per Month
Full Property Details
Full Property Details for 85 5th Ave #8
General
- Price: $8,999,999
- Taxes: $216,480
- Status: Active
- Type: Apartment
- Source: REBNY
- MLS ID: RLS20066700
- Updated: 1/13/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 7
- Furnishings: Unfurnished
Rooms
Bathrooms
- Total Bathrooms: 5
- Half Bathrooms: 5
Other Rooms
- Laundry: See Remarks
Location
- County: New York
- Subdivision: Flatiron
Structural Information
- Structure Type: High Rise
- Stories/Levels: 13
- Square Feet: 9,300
- Living Area: 9,300 Sq. Ft.
- Year Built: 1901
- Other Struct. Feat.: Elevator(s)
Lot Features
- Lot Dimensions: 49.000000 x 141.830000
Financial Considerations
- Assoc Fee Freq.: Monthly
- Tax Amount: $216,480
Disclosures and Reports
- Special Conditions: Standard
- Property ID: 0844-0001-00085-000-0008FLO
- Block: 844
- Lot Number: 1
Listing Courtesy of Compass
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Schools
Schools serving 85 5th Ave #8
School District:New York City Geographic School District 02
| Name | Grades | Distance |
|---|---|---|
Sixth Avenue Elementary School 590 6th Avenue, New York, NY 10011 | PK-3 | 0.2 mi |
Jhs 104 Simon Baruch 330 East 21st Street, New York, NY 10010 | 7-8 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 85 5th Ave #8
Date
Details
Price
Change
Source
1/13/2026
Listed
$8,999,999
-80.77%
MLS
4/11/2025
Sold
$46,800,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 85 5th Ave #8
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,375,219
-1%
$12,778,470
-3%
2024
$1,390,797
—
$13,130,640
—
2023
$1,395,364
6%
$13,173,750
6%
2022
$1,321,946
10%
$12,417,300
10%
2021
$1,201,776
-16%
$11,237,850
-27%
2020
$1,438,114
7%
$15,390,000
-3%
2019
$1,341,683
8%
$15,924,600
13%
2018
$1,237,035
7%
$14,070,600
21%
2017
$1,156,423
2%
$11,610,900
3%
2016
$1,128,321
9%
$11,245,050
3%
2016
$1,038,769
35%
$10,953,450
-2%
2014
$771,254
10%
$11,197,800
9%
2013
$701,213
—
$10,237,050
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 85 5th Ave #8
85 5th Avenue #8, New York, NY 10003 (MLS# RLS20066700) is a Apartment property with 0 bedrooms, 0 full bathrooms and 5 partial bathrooms. 85 5th Avenue #8 is currently listed for $8,999,999 and was received on January 13, 2026. Want to learn more about 85 5th Avenue #8? Do you have questions about finding other Apartment real estate for sale in New York? You can browse all New York real estate or contact a Coldwell Banker agent to request more information.

