299 5 Avenue
Park Avenue South, Manhattan
Parcel ID (BBL): 1008600001
Owner: Pgim Real Estate
Acquired: October 25, 2019, $375 million
Debt: July 28, 2026, $228.9 million
Built: 1920
SF: 553,725
Dwelling units: 0
No. of buildings: 1
Class: Office with Comm — 7 to 19 stories (O6)
Floors: 19
Transactions:
• PGIM Real Estate, Tribeca Investment Group and Meadow Partners borrowed $228.9 million from Hines and Rialto Capital Management for 295 5th Avenue, Park Avenue South, Manhattan on July 28, 2026.
• Tribeca Associates borrowed $150 million from Deutsche Pfandbriefbank for 295 Fifth Avenue, Park Avenue South, Manhattan on November 28, 2022.
• Manhattan Properties Company sold 285 5th Avenue, Nomad, Manhattan for $375 million to Tribeca Associates on October 25, 2019.
Development:
• Elliott Ingerman filed major alteration job 123842538 for 526,540 sqft B building in Park Avenue South, Manhattan, on February 18, 2020.
• Eliott Ingerman filed alteration job M01389839 for 48,625 sqft 56 building with 0 apartments in Park Avenue South, Manhattan, on May 28, 2026.
• Eliott Ingerman filed alteration job M01382303 for 520 sqft 56 building with 0 apartments in Park Avenue South, Manhattan, on April 20, 2026.
• Eliott Ingerman filed alteration job M01376833 for 1,000 sqft building with 0 apartments in Park Avenue South, Manhattan, on April 13, 2026.
• Eliott Ingerman filed alteration job M01366728 for 14,400 sqft 56 building with 0 apartments in Park Avenue South, Manhattan, on March 27, 2026.
• Eliott Ingerman filed alteration job M01335738 for 19,691 sqft 56 building with 0 apartments in Park Avenue South, Manhattan, on January 21, 2026.
Violations:
According to city public data, the properties have received $1,630 in ECB penalties and $2,405 in OATH penalties in the last year.