890 Avenue Of The Americas

Owner: Torkian Group

Debt: August 10, 2026, $30.5 million

Built: 1904

Renovated: 2006

SF: 62,612

Dwelling units: 70

No. of buildings: 1

Class: Fireproof – With Stores (D6)

Floors: 10

HPD Ownership Registration Information

Last registered: 2025-08-24 (expires 2026-09-01)

Transactions:

• Torkian Group borrowed $30.5 million from Valley National Bank for 1265 Broadway, Penn Plaza, Manhattan on August 10, 2026.

• Torkian Group borrowed $31.2 million from New York Community Bank for 1265-1269 Broadway, Korea Town, Manhattan on December 02, 2021.

Development:

• Hersel Torkian filed major alteration job 123835476 for 65,000 sqft R-1 building with 70 apartments in Penn Station, Manhattan, on April 02, 2019.

• Hersel Torkian filed major alteration job 104350550 for RES building with 70 apartments in Penn Station, Manhattan, on February 08, 2006.

• Hersel Torkian filed alteration job M01361662 for 2,200 sqft RES building with 70 apartments in Penn Plaza, Manhattan, on February 18, 2026.

• Hersel Torkian filed alteration job M01361642 for 40 sqft RES building with 70 apartments in Penn Plaza, Manhattan, on February 18, 2026.

• Hersel Torkian filed alteration job M01357125 for 800 sqft R-1 building with 70 apartments in Penn Plaza, Manhattan, on February 11, 2026.

• Annie Xiao filed alteration job M01006109 for 62,612 sqft building with 70 apartments in Penn Plaza, Manhattan, on February 16, 2024.

• Rashid Nasher filed alteration job M00935856 for 39 sqft building with 70 apartments in Penn Station, Manhattan, on September 19, 2023.

Violations:

According to city public data, the properties have received one DOB violation and $550 in OATH penalties in the last year.

Latest Stories:

• Torkian Group signs $31.2M refi loan with New York Community for rental in Korea Town (December 03, 2021)