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    164 Fifth Avenue

    164 Fifth Avenue
    New York, NY 10010
    (212) 529-7412
    Website
    Retail, Leasing/Rental, Other

    164 Fifth Avenue is a four-story, 19,000-square-foot Flatiron District office building owned by Thor Equities, a privately held real estate firm founded in 1986 by Joseph Sitt.

    Thor acquired the landmark building near 22nd Street in July 2014 for $23 million. Design nonprofit AIGA owned and occupied the site at the time of the acquisition. As of early 2015, AIGA National Design Center still occupied the building.

    Although one of the smaller buildings Thor scooped up along the avenue, the purchase of 164 Fifth Avenue by Sitts development firm followed a string of recent buys that Thor made along Fifth Avenue, including 530 Fifth Avenue for $595 million and 685 Fifth Avenue for $475 million in 2014.

    -JC

    • Address 164 Fifth Avenue
    • neighborhood Flatiron
    • borough Manhattan
    • owner Thor Equities
    • owner entity THOR 164 5TH AVE LLC
    • sales/marketing Thor Equities, Kelly Harman
    • Year Built 1910
    • square feet 11,070
    • block and lot 1-00823-0041
    • BIN 1015535
    • Event Retail Leasing
    • Address 164 Fifth Avenue
    • Neighborhood Flatiron
    • Borough Manhattan
    • Square feet 17,600
    • Publication Date 04/01/2017
    • Event Date 02/15/2017
    • Party 1 Thor Equities
    • Party 2 Alo Yoga
    notes
    The LA-based women's yoga clothing brand signed a long-term lease for the entire four-story office and retail property.
    • Event Retail Leasing
    • Address 164 Fifth Avenue
    • Neighborhood Flatiron
    • Borough Manhattan
    • Square feet 8,600
    • Price per foot $ 400.00
    notes
    The women's fashion company signed a lease.
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