599 5 Avenue
Midtown East, Manhattan
Parcel ID (BBL): 1012840002
Owner: Aurora Capital Associates
Acquired: April 06, 2026, $54 million
Debt: April 06, 2026, $29.5 million
Built: 1913
Renovated: 1989
SF: 52,727
Dwelling units: 0
No. of buildings: 1
Class: Office with Comm — 7 to 19 stories (O6)
Floors: 12
Transactions:
• None borrowed $29.5 million from None for 597-599 Fifth Avenue, Midtown East, Manhattan on April 06, 2026.
• Comm 2014-UBS4 and LNR Partners sold 597-599 Fifth Avenue, Midtown East, Manhattan for $54 million to Aurora Capital Associates and AVRS Partners on April 06, 2026.
• Thor Equities sold 597 5th Avenue and 3 East 48th Street, Midtown East, Manhattan for $153.7 million to LNR Partners and Comm 2014-UBS4 on June 26, 2025.
Development:
• Melissa Gliatta filed alteration job 123719333 for C building in Midtown East, Manhattan, on May 22, 2019.
• Melissa Gliatta filed alteration job 123506232 for C building in Midtown East, Manhattan, on October 16, 2018.
• Melissa Gliatta filed alteration job 123133171 for C building in Midtown East, Manhattan, on January 03, 2018.
• Melissa Gliatta filed alteration job 123277612 for C building in Midtown East, Manhattan, on October 31, 2017.
• Melissa Gliatta filed alteration job 123107119 for C building in Midtown East, Manhattan, on August 09, 2017.
Litigation:
• COMM 2014-UBS4 and LNR Partners filed a $105 million pre-foreclosure 650806/2023 on February 10, 2023, against Thor Equities and Joseph J. Sitt at 597 5 Avenue.
Violations:
According to city public data, the properties have received $2,275 in OATH penalties in the last year.