513 5 Avenue
Grand Central, Manhattan
Parcel ID (BBL): 1012770069
Owner: Wharton Properties
Debt: April 18, 2024, $10 million
Built: 1917
Renovated: 1983
SF: 125,632
Dwelling units: 0
No. of buildings: 1
Class: Office with Comm — 7 to 19 stories (O6)
Floors: 17
Transactions:
• Wharton Properties, Aurora Capital Associates and ACHS Management borrowed $10 million from NongHyup Bank for 511 5th Avenue, Grand Central, Manhattan on April 18, 2024.
Development:
• Joshua Posner filed major alteration job M01116386 for 131,674 sqft E building with 0 apartments in Grand Central, Manhattan, on September 27, 2024.
• Matthew Abreu filed alteration job M01389891 for 10,734 sqft E building with 0 apartments in Grand Central, Manhattan, on May 22, 2026.
• Matthew Abreu filed alteration job M01368729 for 5,367 sqft E building with 0 apartments in Grand Central, Manhattan, on April 02, 2026.
• Nikolaos Poubouridis filed alteration job M01234856 for 3,300 sqft building with 2 apartments in Grand Central, Manhattan, on June 02, 2025.
• Nikolaos Poubouridis filed alteration job M01228977 for 3,300 sqft building with 2 apartments in Grand Central, Manhattan, on May 23, 2025.
• Joshua Posner filed alteration job M01219409 for 167 sqft building with 0 apartments in Grand Central, Manhattan, on May 01, 2025.
Most recent Schedule of Occupancy
Violations:
According to city public data, the properties have received three DOB violations and $1,530 in OATH penalties in the last year.