Manhattan • Hospital

1240 5 Ave

Manhattan, NY 10029Individually ownedBBL 1016110001

Updated Sep 24, 2026 · 16 sources

Year Built1921
Floors11
Units1
Building Area488,783 sqft
ZoningR8
ClassI1
Market Value$99.1M

1240 5 AVE is a property located at 1240 5 AVE, Manhattan, NY 10029. It is classified as a hospital - general. The building was constructed in 1921. It has 11 floors and 1 unit. The building area is 488,783 square feet on a 68,988 sqft lot. The property is zoned R8. The assessed market value is $99.1M. Public records list the property as individually owned. There are 427 building permits on record (291 active). There are 265 violations on record (11 currently open). 158 docketed judgments carrying $19,096 in open balances are on record with OATH. Data sourced from NYC Department of Buildings (DOB), Housing Preservation & Development (HPD), Department of Finance (DOF), and other government agencies.

A RegWatch Dossier

2,819records on file

Completed in 1921, 1240 5 Ave rises 11 stories over New York. Public records put it at 1 unit and 488,783 square feet of floor area, on land zoned R8. It is carried on the public rolls at a market value of $99.1M, and assessed for tax at $44.6M. In the 57 years its record reaches back, the lot has drawn 2,819 separate government filings — a paper trail nearly as tall as the building itself.

The documentary life of the address leans hard toward inspection: 1,679 of its 2,819 records, fully 60%, fall under that one heading. Permit (427) and enforcement (303) trail well behind. 11 violations stand open against it today.

The pace is anything but even. The early decades pass in near silence; the filings cluster heavily in recent years, peaking in 2020.

Read together — 60% inspection, 57 years of accumulation, a parcel of New York — these scattered records compose a portrait of the address that no single page sets out to draw.

$99.1M of New York, written across 2,819 government filings.

Property Details

Address1240 5 AVE, Manhattan, NY 10029
Building TypeHospital - General
I1
Year Built1921
Floors11
Total Units1
Building Area488,783 sqft
Lot Size68,988 sqft
ZoningR8
1016110001
OwnershipIndividually owned

Assessment & Sales

$99.1M
$44.6M
$5.6M

Building Permits

427 on record · 291 active
Public SafetyDOB NOW
AHV PERMIT ISSUED
Filed Sep 12, 2026Job #M9374515
Mechanical SystemsDOB NOW
PERMIT ISSUED
Filed Aug 21, 2026Est. cost $478KJob #M01257427-S1
General ConstructionDOB NOW
PERMIT ISSUED
Filed Aug 21, 2026Est. cost $3.9MJob #M01257427-I1
General ConstructionDOB NOW
PERMIT ENTIRE
Filed Aug 21, 2026Est. cost $478KJob #M01257427-S1
General ConstructionDOB NOW
PERMIT ENTIRE
Filed Aug 21, 2026Est. cost $3.9MJob #M01257427-I1

+ 422 more permitsview full report

Violations

265 on record · 11 open
Open judgment balance — docketed OATH judgments$19,096
Judgments · 158 docketed
FDNY summons (OATH)JUDGMENT DOCKETED
Docketed Sep 8, 2026Balance $1,875Ticket #012182072M
FIRE PROTECTION SYSTEMS:FAIL TO PREVENT UNNECESSARY UNWARRANTED ALARMS
FDNY summons (OATH)JUDGMENT DOCKETED
Docketed Jul 27, 2026Balance $5,000Ticket #012180099N
FIRE PROTECTION SYSTEMS:FAIL TO PREVENT UNNECESSARY UNWARRANTED ALARMS
FDNY summons (OATH)JUDGMENT DOCKETED
Docketed Jul 27, 2026Balance $1,000Ticket #012180032Z
FIRE PROTECTION SYSTEMS:FAIL TO PREVENT UNNECESSARY UNWARRANTED ALARMS
FDNY summons (OATH)JUDGMENT DOCKETED
Docketed Aug 31, 2026Balance $4,000Ticket #014238856N
SIGN, POSTINGS, NOTICES AND INSTRUCTIONS
FDNY summons (OATH)JUDGMENT DOCKETED
Docketed Jul 7, 2026Balance $935Ticket #012179354N
FIRE PROTECTION SYSTEMS:FAIL TO PREVENT UNNECESSARY UNWARRANTED ALARMS

+ 153 more docketed judgmentsview full report

SafetyElevator
ACTIVE
Issued Oct 11, 2024#VIO-FTC-VT-CAT1-202312-0016513

Violation Issued-Failure To File 2023 Cat1 Test Affirmation of Correction

View this violation's full details & status history →
DOB LegacyFacade Safety (FISP)
ACTIVE
Issued Aug 1, 2024#2758893
SafetyElevator
ACTIVE
Issued Oct 23, 2023#VIO-FTC-VT-CAT1-201812-0004774

Violation Issued-Failure To File 2018 Cat1 Test Affirmation of Correction

View this violation's full details & status history →
SafetyElevator
ACTIVE
Issued Oct 23, 2023#VIO-FTC-VT-CAT1-201812-0006389

Violation Issued-Failure To File 2018 Cat1 Test Affirmation of Correction

View this violation's full details & status history →
SafetyElevator
ACTIVE
Issued Oct 23, 2023#VIO-FTC-VT-CAT1-202212-0000838

Violation Issued-Failure To File 2022 Cat1 Test Affirmation of Correction

View this violation's full details & status history →

+ 260 more violations on record — view full report

Get the Complete Report for 1240 5 AVE

Title history, detailed tax records, environmental data, zoning analysis, and more from 250+ government sources.

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Frequently Asked Questions

When was 1240 5 AVE, Manhattan built?

The building at 1240 5 AVE, Manhattan, NY 10029 was constructed in 1921. It is classified as a hospital - general with 11 floors and 1 unit. The building area is 488,783 sqft.

Are there building permits at 1240 5 AVE, Manhattan?

Yes. 1240 5 AVE, Manhattan, NY 10029 has 427 building permits on record, with 291 currently active. Permits are sourced from the NYC Department of Buildings (DOB Legacy and DOB NOW systems). The most recent permit is a Public Safety (AHV PERMIT ISSUED) filed Sep 12, 2026.

Does 1240 5 AVE, Manhattan have violations?

Yes. 1240 5 AVE, Manhattan, NY 10029 has 265 violations on record, with 11 currently open. Breakdown: 7 DOB Safety, 199 DOB, 59 ECB. Sources: NYC DOB, HPD, and ECB/OATH.

Does 1240 5 AVE, Manhattan have docketed judgments?

Yes. 1240 5 AVE, Manhattan, NY 10029 has 158 docketed judgments on record with the NYC Office of Administrative Trials & Hearings (OATH), with an open balance of $19,096. A docketed judgment is an enforceable money judgment entered by OATH after a hearing on a summons issued at this property; where the respondent is the property owner it can attach to the property as a lien.

What is the property tax assessment for 1240 5 AVE?

1240 5 AVE, Manhattan, NY 10029 has an assessed market value of $99.1M and a total assessed value of $44.6M (land: $5.6M). Assessment data is from the NYC Department of Finance (DOF).

What is the zoning for 1240 5 AVE?

1240 5 AVE, Manhattan, NY 10029 is zoned R8. Zoning data is from the NYC Department of City Planning (DCP). For detailed FAR, overlays, and development rights, view the full property report on RegWatch.

Who owns 1240 5 AVE?

1240 5 AVE, Manhattan, NY 10029 is individually owned according to public records. Ownership data is from NYC Department of Finance assessment rolls. View the current owner of record and registered contacts in the full property report on RegWatch.

How do I get a full property report for 1240 5 AVE?

Search 1240 5 AVE on RegWatch to see its public record free — violations, permits, tax records, zoning, environmental data, and more from 250+ government sources, no credit card required. A Full Analysis report adds the complete title history, owner contacts, and a downloadable PDF.

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1240 5 AVE, Manhattan, NY 10029 — Property Records, Permits, Violations, Tax & Zoning | RegWatch