347 5 Avenue
Park Avenue South, Manhattan
Parcel ID (BBL): 1008630004
Owner: Empire Management
Debt: March 20, 2026, $12.5 million
Built: 1907
SF: 107,095
Dwelling units: 0
No. of buildings: 1
Class: Office with Comm — 7 to 19 stories (O6)
Floors: 16
Transactions:
• Empire Management borrowed $12.5 million from Amalgamated Bank for 341 5th Avenue, Park Avenue South, Manhattan on March 20, 2026.
Development:
• Fred Ohebshalom filed major alteration job 122991673 for 107,095 sqft B building in Park Avenue South, Manhattan, on December 13, 2017.
• Marc Effren filed alteration job M01286852 for 2,500 sqft COM building with 0 apartments in Park Avenue South, Manhattan, on October 17, 2025.
• Marc Effren filed alteration job M01168805 for 15,500 sqft COM building with 120 apartments in Park Avenue South, Manhattan, on July 24, 2025.
• Hansel Gonzalez filed alteration job M01060922 for 100 sqft building with 0 apartments in Park Avenue South, Manhattan, on June 07, 2024.
• Giwhan Park filed alteration job M00230454 for 240 sqft building with 0 apartments in Park Avenue South, Manhattan, on September 18, 2019.
• Ramin Ohebshalom filed alteration job 123834976 for COM building with 0 apartments in Park Avenue South, Manhattan, on April 02, 2019.
Violations:
According to city public data, the properties have received one DOB violation, $6,280 in ECB penalties, and $11,330 in OATH penalties in the last year.