Entity Owned Property summary
This exceptional office space, located at 587 5th Avenue in the heart of Midtown Manhattan's Plaza District, offers a unique opportunity for businesses seeking prestigious addresses. The property is situated on a 3,750 square foot mid-block parcel, within a ten-story building that also features multi-level retail space. The building benefits from prominent Fifth Avenue frontage, providing excellent visibility and accessibility. Multiple office suites are currently available, ranging in size… from 763 square feet to 4,425 square feet, catering to a variety of business needs and scales. The building's location in the vibrant Midtown Manhattan area provides easy access to a wealth of amenities, including transportation, dining, and cultural attractions. This is an ideal opportunity to establish a presence in one of New York City's most sought-after commercial districts. The lease terms for the available spaces are flexible and can be tailored to meet specific requirements. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property is located in New York County, New York, with a zip code of 10017.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 33,922 SF
- Lot area
- 0.09 ac
- Year built
- 1921
- Stories
- 10
- APN
- 01283-0072
- Zoning
- C5-3
- Assessed value · 2024
- $7,609,350
- Annual tax · 2024
- $805,982
- Office Building
- Apartment House (5+ Units)
- Financial Building · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
This district is designed to provide for office buildings and the great variety of large retail stores and related activities in the central business district and regional commercial centers and also designed to provide…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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