1028 Avenue Of The Americas

Owner: Falcon Properties

Debt: April 28, 2026, $26.9 million

Built: 1920

SF: 25,000

Dwelling units: 0

No. of buildings: 3

Class: Office with Comm — 1 to 6 stories (O5)

Floors: 5

Transactions:

• Falcon Properties borrowed $26.9 million from Elysian Lending for 1026 Avenue Of The Amer, 1032 Avenue Of The Amer, and 1024 Avenue Of The Amer, Garment District, Manhattan on April 28, 2026.

Development:

• David Zaga filed major alteration job 103725097 for COM building with 1 apartments in Garment District, Manhattan, on March 08, 2004.

• Shiyang Li filed alteration job M00981012 for 705 sqft COM building with 0 apartments in Garment District, Manhattan, on December 21, 2023.

• David Zaga filed alteration job M00858699 for 28 sqft building with 0 apartments in Garment District, Manhattan, on April 13, 2023.

• Cong Chen filed alteration job M00836969 for 91 sqft COM building with 0 apartments in Garment District, Manhattan, on March 02, 2023.

• Cong Chen filed alteration job M00835747 for 392 sqft COM building with 0 apartments in Garment District, Manhattan, on March 02, 2023.

• David Zaga filed alteration job 123839454 for COM building in Garment District, Manhattan, on February 11, 2020.

Violations:

According to city public data, the properties have received $750 in OATH penalties in the last year.

Latest Stories:

• Elias Masri borrows $15M from Signature Bank for property in Garment District (January 17, 2020)