Real Estate Rebate Team
BuyNew DevelopmentsBuildingsNeighborhoodsContact Régis
BuyNew DevelopmentsBuildingsNeighborhoodsContact Régis
REBT Logo
REALESTATEREBATETEAM
[email protected]+1 (315) 514-0164257 13 street, Brooklyn, NY 11215

COMPANY

  • Regis Roumila
  • Testimonials
  • FAQs
  • Contact

RESOURCES

  • New Developments
  • Buy
  • Rebate
  • Neighborhoods
  • Buildings
  • Standardized Operating Procedures

CALCULATORS

  • New Development Closing Cost Calculator
  • Buyer Closing Cost Calculator
  • Mansion Tax Calculator
  • Mortgage Calculator
  • Rebate Calculator

OUR REGIONS

  • Manhattan
  • Brooklyn
  • Queens
  • New Jersey

RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2025 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and for no listing shall the number of bedrooms listed be considered a legal conclusion.

Copyright@2026 · All rights reserved.

Developed by Priyangsu Banik & Pritam Mondal

Terms and Conditions·Privacy Policy
  1. Home
  2. New Developments
  3. New York City
  4. Manhattan
  5. 10003
  6. 85 5th Avenue #8
Property thumbnail
1 / 12
★ Sponsor Unit
✓ No Board Approval Required
Stock Cooperative•Flatiron

85 5th Avenue #8, New York City, NY 10003

Listing Courtesy of Compass

$8,999,999

Potential Rebate: $225,000

Stock Cooperative
Studio
5 Baths
7 Rooms
9,300 sqft
Built 1901
13 Stories
968/ft²
Listed on Jan 13, 2026
2 days on market
Book a Tour

Overview

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

Home Features

  • •See Remarks

Estimated Monthly Payment

$62,512 per month

30 year fixed, 6.28% Interest

Principal and Interest
$44,472
Property Taxes
$18,040
Maintenance/Common Charges
$0

Estimated Rebate for this Home

One-time rebate at closing

$225,000

Monthly savings impact

$625/mo

Effective Purchase Price

$8,774,999

(Home Price - Estimated Rebate)

💡 Estimated rebate from our commission

The rebate is paid to you at closing and can help offset closing costs or other expenses.

Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).

RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.

The Real Estate Rebate Team

Listing Courtesy of Compass

Data Source: TRESTLE #RLS20066700

RLS at REBNY

RLS at REBNY - Real Estate Board of New York Residential Listing Service

Why Buy With Us

Rebates Up To

2.5%

25+ Years

Experience

REBNY & NAR

Member

Verified

Listings

RLS IDX Data display by Real Estate Rebate Team. This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2026 The Real Estate Board of New York, Inc., All rights reserved. IDX information is provided exclusively for consumers’ personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

 

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer and the number of bedrooms listed is for informational purposes and is not a legal conclusion. Please consult with your own architect or engineer for exact dimensions and legal specifications.

The Real Estate Rebate Team

Listing Courtesy of Compass

Data Source: TRESTLE #RLS20066700

RLS at REBNY

RLS at REBNY - Real Estate Board of New York Residential Listing Service

Price Analysis

Compare average listing prices and value metrics for 85 5th Avenue against the surrounding Flatiron market.

Based on 1 active unit in building vs 102 in area

Average List Price

Building$9.0M
Neighborhood$3.6M

Price Per SqFt

Building Avg$968/ft²
Neighborhood Avg$1,764/ft²
Value Opportunity

45.14% Lower

than the Flatiron price-per-sq-ft average

Units in this building are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.

Flatiron

Overview of Flatiron

Flatiron is named after its iconic building. It is a hub of tech and design. For buyers seeking Flatiron Manhattan real estate, it offers loft living. Living in Flatiron is central. As a Manhattan NYC neighborhood, it is fashionable.

Real Estate & Housing Market

The market for homes for sale in Flatiron includes sprawling lofts.

Lifestyle & Community

The lifestyle in Flatiron is sophisticated.

Transportation & Accessibility

Flatiron is served by the N/R/W trains.

Parks, Schools & Amenities

Madison Square Park is the front yard. Amenities: Eataly Eataly is a major draw.

Who This Neighborhood Is Best For

Flatiron is best for fashionistas and tech workers.
Flatiron GuideAll Neighborhoods
Real Estate Rebate Team Logo
Licensed Real Estate Broker real estate rebate team

Regis Roumila

Regis Roumila
Send EmailMake a CallWhatsappWe Chat

Schedule a Visit

Book a convenient time to view this property.

Schedule a Visit
OR
Ask a Question

You can also call me anytime at +1 (315) 514-0164