477 5 Avenue

Grand Central, Manhattan

Parcel ID (BBL): 1012750069

Acris records

Owner: Rfr Holding

Acquired: May 24, 2022, $291 million

Debt: February 26, 2025, $160 million

Built: 1925

Renovated: 1965

SF: 220,413

Dwelling units: 0

No. of buildings: 1

Class: Tower Type (O4)

Floors: 23

Transactions:

RFR Holding borrowed $160 million from Citibank for 475 5th Avenue, Grand Central, Manhattan on February 26, 2025.

RFR Holding borrowed $180 million from Citibank for 475 5th Avenue, Grand Central, Manhattan on May 24, 2022.

Nuveen sold 475 5th Avenue, Grand Central, Manhattan for $291 million to RFR Holding on May 24, 2022.

Development:

• Joseph Flanagan filed major alteration job 121421130 for 33,695 sqft B building in Grand Central, Manhattan, on November 08, 2012.

• Robert Gosset filed major alteration job 102972080 for COM building in Grand Central, Manhattan, on July 31, 2001.

• Lauren Belanger filed alteration job M01379250 for 1 sqft building with 0 apartments in Grand Central, Manhattan, on April 06, 2026.

• Lauren Belanger filed alteration job M01272144 for 17,144 sqft 56 building with 0 apartments in Grand Central, Manhattan, on August 27, 2025.

• Lauren Belanger filed alteration job M01229085 for 17,144 sqft 56 building with 0 apartments in Grand Central, Manhattan, on June 02, 2025.

• Neal Duffy filed alteration job M01195301 for 1 sqft COM building with 0 apartments in Grand Central, Manhattan, on April 15, 2025.

• Neal Duffy filed alteration job M01195299 for 1 sqft COM building with 0 apartments in Grand Central, Manhattan, on April 15, 2025.

Litigation:

Citibank and JPMorgan Chase filed a $180 million pre-foreclosure 850308/2024 on August 15, 2024, against RFR Holding, Aby Rosen and Michael Fuchs at 473 5 Avenue.

RFR Holding filed a $4.5 million lawsuit 654459/2022 against Nuveen on November 21, 2022,seeking a money judgment related to saleat 473 5 Avenue.

Violations:

According to city public data, the properties have received $1,000 in OATH penalties in the last year.

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