| Bulding Address: | 511 Fifth Avenue, New York NY 10017 |
| Building Alternate address: | 511 5th Ave |
| Zip Code: | 10017 |
| Neighborhood: | Grand Central |
| Borough: | Manhattan |
| Stories: | 0 |
| Year Built: | 1915 |
| Building Class: | C |
511 Fifth Avenue, Manhattan
Located at the southeast corner of Fifth Avenue and East 43rd Street in Midtown Manhattan, 511 Fifth Avenue is a historic 18-story Beaux Arts building. It was originally designed and constructed in 1915 by York & Sawyer for the Postal Life Insurance Company.
Over the years, the building has housed several prominent institutions. It later served as a home for the Columbia Bank and Guaranty Trust Company. In the early 1960s, Israel Discount Bank (IDB) leased it as its New York headquarters, a role it maintained until its departure in 2021.
The building has recently undergone an extensive renovation. Led by Aurora Capital and Jeff Sutton’s Wharton Properties, this redevelopment aims to modernize the property while preserving its historic charm. The renovation includes a top-to-bottom overhaul, highlighted by the addition of an 18th-floor penthouse with double-height ceilings and a mezzanine offering panoramic views, as well as a significant amenity space on the 15th floor.
Historically, the property was part of the estate of Richard T. Wilson, a prominent financier who lived in a mansion on this site. Following his death in 1910, plans were made for its development into a commercial site.
511 Fifth Avenue, Manhattan, NYC, is an historic 18-story Beaux Arts building located near Grand Central Terminal. The property was originally designed by York & Sawyer in 1915 for the Postal Life Insurance Company and later housed several financial institutions, including Israel Discount Bank (IDB) until 2021.
The building has undergone a significant renovation, modernizing its spaces while preserving its historical facade. Key features include a 9,000-square-foot amenity space on the 15th floor, featuring a juice bar, lounge, and fitness center, as well as updated lobbies and five new elevators.
A notable highlight is the 17th and 18th floor penthouse area, offering double-height ceilings and a mezzanine with panoramic views from Central Park to the World Trade Center. The property is owned by Aurora Capital, Wharton Properties, and ACHS Management.
511 Fifth Avenue, a historic Beaux Arts building in Manhattan, NYC, offers several key amenities:
- Five new elevators for improved mobility and access.
- Two new lobbies with soaring ceilings and a fine arts program, enhancing the building's aesthetic appeal.
- 9,000 SF of amenity space on the 15th floor, featuring a glassed-in gym, a small open lounge, and a juice bar.
- Beautifully appointed full-floor prebuilt suites with modern finishes, including industrial touches like cone-shaped metal light fixtures and polished concrete floors.
- A 17th-floor Penthouse with double-height ceilings and an 18th-floor mezzanine offering stunning views of Central Park and the World Trade Center.
511 Fifth Avenue, Manhattan, NYC
Located at the intersection of Fifth Avenue and East 43rd Street in Midtown Manhattan, 511 Fifth Avenue is a 17-story building with a total area of 160,000 square feet.
The building serves as the New York headquarters for Israel Discount Bank.
It features approximately 20,000 square feet of retail space.
For internet services at 511 Fifth Avenue in Manhattan, NYC, residents can consider the following providers based on general availability in the area:
Verizon Fios: Known for its fiber-optic network, offering speeds from 300 Mbps to 2.3 Gbps, starting at $49.99 per month. Verizon Fios provides reliable and fast internet with the option to bundle services.
Astound Broadband Powered by RCN: Offers both cable and fiber services with speeds up to 1.5 Gbps. Plans start at $35 per month, featuring unlimited data and various bundles.
Spectrum: Provides widespread coverage with speeds up to 1 Gbps. Plans begin at $50 per month, and Spectrum is a good option for bundling internet, TV, and phone services.
511 Fifth Avenue, Manhattan, NYC
Transportation:
- Subway: 5 Avenue-Bryant Park (7 train), Grand Central-42 St (B, D, F, M trains) - 2-minute walk.
- Bus Lines: Various MTA bus lines nearby, including those serving 5th and 6th Avenues.
- Grand Central Terminal: Accessible via a short walk or through the Vanderbilt entrance.
Cross Streets:
- Located between 42nd Street and 43rd Street.
