45 East 31 Street
Park Avenue South, Manhattan
Parcel ID (BBL): 1008610044
Owner: Williams Equities
Acquired: January 08, 2025, $147.5 million
Debt: January 08, 2025, $100 million
Built: 1925
Renovated: 1988
SF: 227,053
Dwelling units: 0
No. of buildings: 3
Class: Office with Comm — 7 to 19 stories (O6)
Floors: 17
Transactions:
• Williams Equities borrowed $100 million from MetLife for 470 Park Avenue South, Park Avenue South, Manhattan on January 08, 2025.
• PGIM Real Estate and SJP Properties sold 470 Park Avenue South, Park Avenue South, Manhattan for $147.5 million to Williams Equities on January 08, 2025.
Development:
• Luis Iglesias Jr. filed major alteration job M01340016 for 227,053 sqft COM building with 0 apartments in Park Avenue South, Manhattan, on February 10, 2026.
• Luis Iglesias Jr. filed major alteration job M01336285 for 271,614 sqft E building with 0 apartments in Park Avenue South, Manhattan, on December 31, 2025.
• Luis Iglesias Jr. filed alteration job M01384667 for 30 sqft building with 0 apartments in Park Avenue South, Manhattan, on April 14, 2026.
• Luis Iglesias Jr. filed alteration job M01384668 for 30 sqft building with 0 apartments in Park Avenue South, Manhattan, on April 14, 2026.
• Luis Iglesias Jr. filed alteration job M01384664 for 30 sqft building with 0 apartments in Park Avenue South, Manhattan, on April 14, 2026.
• Luis Iglesias Jr. filed alteration job M01384669 for 30 sqft building with 0 apartments in Park Avenue South, Manhattan, on April 13, 2026.
• Luis Iglesias Jr. filed alteration job M01384671 for 30 sqft building with 0 apartments in Park Avenue South, Manhattan, on April 13, 2026.
Violations:
According to city public data, the properties have received $13,325 in OATH penalties in the last year.