85 5 Avenue
Flatiron District, Manhattan
Parcel ID (BBL): 1008440001
Owner: Acadia Realty Trust
Acquired: April 17, 2025, $46.8 million
Debt: January 04, 2023, $6.3 million
Built: 1901
Renovated: 1979
SF: 103,022
Dwelling units: 0
No. of buildings: 1
Class: Office with Comm — 7 to 19 stories (O6)
Floors: 13
Transactions:
• SL Green Realty sold 85 5th Avenue, Flatiron District, Manhattan for $46.8 million to Acadia Realty Trust on April 17, 2025.
• Robert Mannheimer borrowed $6.3 million from First Republic Bank for 85 5th Avenue, Flatiron District, Manhattan on January 04, 2023.
• Jeff Sutton sold 85 5th Avenue, Flatiron, Manhattan for $59 million to SL Green Realty on November 06, 2020.
Development:
• Kyle Mannheimer filed alteration job M01393421 for 1,100 sqft COM building with 0 apartments in Flatiron District, Manhattan, on May 07, 2026.
• Kyle Mannheimer filed alteration job M01341749 for 8,000 sqft COM building with 0 apartments in Flatiron District, Manhattan, on January 14, 2026.
• Grant Gheer filed alteration job M01224193 for 13,092 sqft C building with 0 apartments in Flatiron District, Manhattan, on May 28, 2025.
• Grant Gheer filed alteration job M01224164 for 13,092 sqft C building with 0 apartments in Flatiron District, Manhattan, on May 28, 2025.
• Grant Gheer filed alteration job M01224130 for 13,092 sqft C building with 0 apartments in Flatiron District, Manhattan, on May 28, 2025.
Violations:
According to city public data, the properties have received $2,200 in OATH penalties in the last year.