349 5 Avenue
Park Avenue South, Manhattan
Parcel ID (BBL): 1008630081
Owner: Zar Property Ny
Debt: July 15, 2025, $28.7 million
Built: 1904
Renovated: 2011
SF: 52,220
Dwelling units: 0
No. of buildings: 1
Class: Office with Comm — 7 to 19 stories (O6)
Floors: 8
Transactions:
• Zar Property NY borrowed $28.7 million from Safra National Bank and Berliner & Pilson registered for 349 5th Avenue, Park Avenue South, Manhattan on July 15, 2025.
• Zar Property NY borrowed $30 million from Signature Bank for 349 5th Avenue, Garment District, Manhattan on December 14, 2020.
Development:
• Simon Zar filed plans for alteration in Park Avenue South, Manhattan, on March 13, 2025.
• Simon Zar filed plans for alteration in Park Avenue South, Manhattan, on November 22, 2023.
• Simon Zar filed plans for alteration in Park Avenue South, Manhattan, on November 02, 2022.
• Simon Zar filed plans for alteration in Park Avenue South, Manhattan, on November 02, 2022.
• Simon Zar filed plans for alteration in Park Avenue South, Manhattan, on November 01, 2022.
Violations:
According to city public data, the properties have received $130 in OATH penalties in the last year.