587 5 Avenue
Midtown East, Manhattan
Parcel ID (BBL): 1012830072
Owner: Namdar Realty Group
Acquired: January 30, 2023, $14.6 million
Built: 1921
SF: 33,922
Dwelling units: 0
No. of buildings: 1
Class: Office with Comm — 7 to 19 stories (O6)
Floors: 10
Transactions:
• Infinity Collective sold 587 Fifth Avenue, Midtown East, Manhattan for $14.6 million to Namdar Realty Group and Mason Asset Management on January 30, 2023.
Development:
• Daniel Gohari filed major alteration job 121991531 for 34,334 sqft B building in Midtown East, Manhattan, on May 30, 2014.
• Alan Tobias filed major alteration job 102641642 for COM building in Midtown East, Manhattan, on March 16, 2000.
• Erin Weber filed alteration job M01179746 for building in Midtown East, Manhattan, on February 18, 2025.
• Joshua Kashanian filed alteration job M01055606 for 1 sqft COM building with 0 apartments in Midtown East, Manhattan, on June 17, 2024.
• Joshua Kashanian filed alteration job M01055597 for 2,700 sqft B building with 0 apartments in Midtown East, Manhattan, on June 17, 2024.
• Joshua Kashanian filed alteration job M01063536 for 2,700 sqft COM building with 0 apartments in Midtown East, Manhattan, on June 17, 2024.
• Joshua Kashanian filed alteration job M00920880 for 2,000 sqft COM building with 0 apartments in Manhattan, on August 29, 2023.
Violations:
According to city public data, the properties have received $2,500 in ECB penalties and $6,250 in OATH penalties in the last year.