254 5 Avenue
Manhattan · 10001 · BBL 1008300040 · look up another building
A company took title here in April 27, 2026.
Most recent filing on this building: a permit, May 22, 2026
254 5 Avenue is a commercial or office building in Chelsea, Manhattan, ZIP 10001. City records date it to 1865. The city's property file lists the owner of record as 254 FIFTH AVE LLC. Its total assessed value is $1.7M, for the 2026 tax year.
No DHCR registration is on file for this address, which is a gap in the record rather than an answer about your apartment. The state will send you your own rent history free, and it is the only binding answer on what you should be paying.
Who owns 254 5 Avenue
The most recent recorded deed is dated Apr 27, 2026, transferring the lot to 254 FIFTH AVE LLC. PulseCities holds 1 recorded deed for this lot. Deeds recorded through September 29, 2026, the most recent day the city has published.
A deed names a party of record. Stated consideration of $0 usually marks a transfer between related parties rather than a sale.
Know the month this building changes
Most buildings here are quiet. Two filings a year is normal, so most months there's nothing to report on 254 5 Avenue and we'll say so. The point is the month we do
Sales and ownership history at 254 5 Avenue
| Party recorded | Recorded | Amount |
|---|---|---|
| 254 Fifth Ave LLCDEED from THE SETAREH FAMILY LIMITED PARTNERSHIP | Apr 27, 2026 |
Deeds and assignments recorded in ACRIS, one row per document. Amount is the stated consideration; $0 often marks a non-arms-length transfer. An assignment moves a lender's paper and is not a sale. Source: NYC ACRIS, current through September 29, 2026.
Taxes and assessed value for 254 5 Avenue
The city's Department of Finance assessed this lot at $1.7M for the 2026 tax year. Assessed value is what the city taxes, not what the building would sell for, and the two routinely differ by a wide margin. The bill itself turns on the tax class rate and on any exemptions or abatements attached to the lot, neither of which is published here.
No executed evictions at 254 5 Avenue
No executed eviction is on record at 254 5 Avenue in the citywide marshal file, which runs from April 2024.
Rent stabilization at 254 5 Avenue
No DHCR rent-stabilization registration is on file for 254 5 Avenue in the years PulseCities holds. Absence is not proof: an owner who stops registering leaves the same gap as a building that never had stabilized units. Checking your own apartment starts with the free rent history from the state. That is the only binding answer, and it takes time to come back. While you wait, you can get an email when the record here moves: a deed, an eviction, a permit or a violation filed on this building. How to check rent-stabilized status →
Permits filed at 254 5 Avenue
| Work | Filed | Type |
|---|---|---|
| MECHExtend existing commercial kitchen exhaust ducting at roof and install directed | May 22, 2026 | AL |
| GCApplication filed for extension of existing chimney | May 11, 2026 | AL |
DOB job filings on this lot, past 12 months. Source: NYC DOB job filings, current through October 9, 2026.
311 complaint history at 254 5 Avenue
1 complaints in the past 12 months
NYC 311 housing and building complaints logged for this address. Source: NYC 311, current through October 10, 2026.
How 254 5 Avenue compares in 10001
PulseCities tracks 985 lots in 10001, of which 76 carry an executed eviction from the marshal record, which starts in April 2024, and 49 carry a deed from the shorter ACRIS window. 10001 scores 15.1 out of 100 for displacement pressure, 152 of 177 scored NYC ZIP codes. The full signal breakdown for Chelsea →
Questions about 254 5 Avenue
Who owns 254 5 Avenue?
The most recent deed on file for 254 5 Avenue names 254 FIFTH AVE LLC. Deeds record the party that took title, which is often a holding company rather than the operator managing the building. That deed was recorded Apr 27, 2026.
Has 254 5 Avenue changed hands recently?
PulseCities holds 1 recorded deed for this lot. Deeds appear here once the city publishes them to ACRIS, which runs behind the closing date.
Have there been evictions at 254 5 Avenue?
No executed eviction at 254 5 Avenue appears in the NYC evictions dataset, which PulseCities holds from April 2024 forward. Executed evictions are the end of the process, so a building with none may still have active housing court cases.
Is 254 5 Avenue rent stabilized?
No DHCR registration for 254 5 Avenue appears in the years PulseCities holds. That is a gap in the registration record rather than an answer about any apartment, and the free rent history from NYS Homes and Community Renewal is what settles it.
What is 254 5 Avenue assessed at for property taxes?
The Department of Finance assessed the lot at $1.7M for the 2026 tax year. That is the figure the city taxes rather than a sale price, and the bill depends on the tax class rate and on any exemptions on the lot.
What is the displacement risk around 254 5 Avenue?
10001 (Chelsea) scores 15.1 out of 100 on the PulseCities displacement index. The score reads five ZIP-level signals: LLC acquisition rate, permit intensity, 311 complaint volume, executed evictions, and serious HPD violations. It describes the area around the building, not the building itself.
Look up another building
Sourced from NYC public records: ACRIS deeds, DOB permits, the NYC evictions dataset, and 311. Records reflect what agencies have published and can lag events.