589 5 Avenue

Owner: Arthur Gabriel

Acquired: June 23, 2025, $6.3 million

Debt: July 23, 2025, $13.3 million

Built: 1925

SF: 9,938

Dwelling units: 8

No. of buildings: 2

Class: Over Six Families With Stores (C7)

Floors: 5

Legacy BBLs: 3010530007

HPD Ownership Registration Information

Last registered: 2024-09-04 (expires 2025-09-01)

Transactions:

• Arthur Gabriel borrowed $13.3 million from Customers Bank for 591 5th Avenue, 92 Lexington Avenue, 104 6th Avenue, 429 Lincoln Place, and 437 Franklin Avenue, South Slope, Brooklyn on July 23, 2025.

• Kupferman Family sold 591 5th Avenue, South Slope, Brooklyn for $6.3 million to Arthur Gabriel on June 23, 2025.

• Kupferman family borrowed $10.2 million from Cross River Bank for 591 5th Avenue, 104 6th Avenue, and 429 Lincoln Place, South Slope, Brooklyn on May 09, 2022.

Development:

• Neil Kupferman filed plans for alteration in South Slope, Brooklyn, on November 14, 2017.

• Piotr Siwiec filed plans for A3 in South Slope, Brooklyn, on June 07, 2016.

• Scott Kupferman filed plans for alteration in South Slope, Brooklyn, on November 06, 2015.

• Piotr Siwiec filed plans for A3 in South Slope, Brooklyn, on June 07, 2016.

• Scott Kufferman filed plans for A3 in South Slope, Brooklyn, on April 07, 2016.

Violations:

According to city public data, the properties have received $1,250 in ECB penalties and $1,300 in OATH penalties in the last year.

Latest Stories:

• Arthur Gabriel pays $19.2M to Kupferman family for 5 walkups in Brooklyn (June 24, 2025)