450 5 Avenue
Grand Central, Manhattan
Parcel ID (BBL): 1008410049
Owner: Pbc Usa Real Estate
Debt: December 11, 2025, $40.8 million
Built: 1902
Renovated: 2013
SF: 616,352
Dwelling units: 0
No. of buildings: 2
Class: Tower Type (O4)
Floors: 29
Legacy BBLs: 1008410049
Transactions:
• PBC USA Real Estate borrowed $40.8 million from Reznik Paz Nevo Trusts for 452 5th Avenue and 1 West 39th Street, Grand Central, Manhattan on December 11, 2025.
• PBC USA Real Estate borrowed $359.6 million from Reznik Paz Nevo Trusts for 452 5th Avenue and 1 West 39th Street, Grand Central, Manhattan on May 30, 2024.
• PBC USA Real Estate borrowed $315 million from JPMorgan Chase for 452 5th Avenue and 1 West 39th Street, Grand Central, Manhattan on July 19, 2022.
Development:
• Chris Broadgate filed major alteration job M01276361 for 616,352 sqft E building with 0 apartments in Grand Central, Manhattan, on September 18, 2025.
• Michael Dougherty filed major alteration job M01245850 for 32,834 sqft COM building with 0 apartments in Grand Central, Manhattan, on August 29, 2025.
• Michael Dougherty filed alteration job M01346983 for 16,298 sqft B building with 0 apartments in Grand Central, Manhattan, on February 03, 2026.
• Michael Dougherty filed alteration job M01346365 for 16,298 sqft B building with 0 apartments in Grand Central, Manhattan, on February 03, 2026.
• Michael Dougherty filed alteration job M01350608 for 1,000 sqft building with 0 apartments in Grand Central, Manhattan, on January 28, 2026.
• Michael Dougherty filed alteration job M01350603 for 1,000 sqft building with 0 apartments in Grand Central, Manhattan, on January 27, 2026.
• Michael Dougherty filed alteration job M01320666 for 27,900 sqft COM building with 0 apartments in Grand Central, Manhattan, on January 21, 2026.
Violations:
According to city public data, the properties have received $5,650 in OATH penalties in the last year.