785 5 Avenue
Lenox Hill, Manhattan
Parcel ID (BBL): 1013740069
Acquired: September 03, 2025, $11.6 million
Debt: August 21, 2025, $19 million
Built: 1963
Renovated: 2017
SF: 174,780
Dwelling units: 66
No. of buildings: 1
Class: Cooperatives (Other Than Condominiums) (D4)
Floors: 18
Transactions:
• None sold 785 Fifth Avenue, Lenox Hill, Manhattan for $11.6 million to None on September 03, 2025.
• Parc V cooperative borrowed $19 million from Apple Bank for 785 5th Avenue, Lenox Hill, Manhattan on August 21, 2025.
• Parc V cooperative borrowed $12 million from Apple Bank for Savings for 785 5th Avenue, Lenox Hill, Manhattan on January 29, 2021.
Development:
• James Letsen filed major alteration job M01281118 for 174,779 sqft R-2 building with 65 apartments in Lenox Hill, Manhattan, on October 31, 2025.
• James Letsen filed major alteration job 122387390 for 174,779 sqft R-2 building with 65 apartments in Lenox Hill, Manhattan, on May 06, 2015.
• Jose Luis Martinez filed alteration job M01381754 for 2,240 sqft RES building with 65 apartments in Lenox Hill, Manhattan, on April 14, 2026.
• James Letsen filed alteration job M01355288 for 4,655 sqft R-2 building with 65 apartments in Lenox Hill, Manhattan, on February 25, 2026.
• James Letsen filed alteration job M01361374 for 4,655 sqft R-2 building with 65 apartments in Lenox Hill, Manhattan, on February 25, 2026.
• James Letsen filed alteration job M01345995 for building in Lenox Hill, Manhattan, on January 20, 2026.
• James Letsen filed alteration job M01314127 for 10,891 sqft R-2 building with 65 apartments in Lenox Hill, Manhattan, on December 12, 2025.
Violations:
According to city public data, the properties have received $1,875 in ECB penalties and $1,900 in OATH penalties in the last year.