# 587 5th Avenue, Manhattan

Commercial · built c. 1921 · Block 1283, Lot 72.

On Umarelli: https://umarelli.org/nyc/1012830072/587-5-avenue

More construction in Midtown: https://umarelli.org/nyc/manhattan/midtown.md

Every lot on block 1283: https://umarelli.org/nyc/manhattan/1283.md

## Building permits

- Alteration, filed Feb 18, 2025, described as “Inspect site conditions for telecom upgrade”
- Alteration, filed Jun 17, 2024, estimated cost $290K, described as “#8837 - Renovations to 2nd floor including non-bearing partitions, lighting and Mechanical work. No change in egress, use, or occupancy.”
- Alteration, filed Jun 17, 2024, estimated cost $15K, described as “#8837 - Sprinkler modifications in UG 6 space. No change in egress, use, or occupancy.”
- Alteration, filed Jun 17, 2024, estimated cost $100K, described as “#8837 - Plumbing modifications in UG 6 space. No change in egress, use, or occupancy.”
- Alteration, filed Aug 29, 2023, estimated cost $15K, described as “Installation of construction fence. No change to use, occupancy or egress”
- Alteration, filed Oct 26, 2022, estimated cost $32K, described as “T-Mobile: Relocation and removal of antenna sectors with installation, removal & replacement of equip cabinets on the equip platform and installation of kickbacks on the roof. All work is in compliance with TPPN 5/98. No change in use,…”
- Alteration, filed Apr 28, 2022, estimated cost $26K, described as “Modification of Verizon site. Replace 7 antenna, replace 4 RRH units, remove 2 RRH units, install 5 new RRH units, install 1 new equipment cabinet. In compliance with TPPN 5/98. No change in use, occupancy, or egress.”
- Alteration, filed Feb 8, 2022, estimated cost $3K, described as “Erect accessory business wall sign for paris saint-germain. No change in egress, use or occupancy.”
- Alteration, filed Feb 4, 2022, estimated cost $640, described as “Erect accessory business wall blade sign for paris saint-germain. No change in egress, use or occupancy.”
- Alteration, filed Jan 26, 2022, estimated cost $75K, described as “PSG--General construction inclusive of partitions modifications for retail store renovation. Filed in conjunction with GC M00650116-I1. No change to use, egress, or occupancy.”
- Alteration, filed Jan 26, 2022, estimated cost $1K, described as “PSG--Energy code for lighting modifications in conjunction with renovation filed under M00650103-I1.”
- Alteration, filed Jun 2, 2021, estimated cost $77K, described as “AT&T - Installation of new antenna sectors with RRH units, cabinets, removal of shelter and modification to existing steel platform on roof. Related service connection. All work in compliance with TPPN 5/98. No change to occupancy, use, or…”
- Alteration, filed Jun 2, 2021, estimated cost $45K, described as “Installation of non-emergency gas fired generator with related gas booster pump on roof. No change to occupancy, use, or egress.”
- Alteration, filed Jun 2, 2021, estimated cost $15K, described as “Installation of new gas meter and gas piping as per plans. No change to occupancy, use, or egress.”
- Alteration, filed Aug 22, 2019, estimated cost $36K, described as “Modification to existing HVAC system fixtures as per plans filed herewith. No change in use, egress or occupancy under this application.”
- Alteration, filed Aug 22, 2019, estimated cost $5K, described as “Modification to existing plumbing fixtures as per plans filed herewith. No change in use, egress or occupancy under this application.”
- Alteration, filed Nov 15, 2018, estimated cost $81K, described as “Installation of new VERIZON telecommunications site. Installing 3 new antenna sectors (including 6 new antennas and 12 new related RRH units, installing 4 GPS units, and installing new platform dunnage with 1 new equipment cabinet. All…”

## Property taxes

- Assessment: $8,538,750
- 2026–27 tax: $856,897
- Market value (city estimate): $18,975,000
- Taxable value: $7,899,120
- Assessed land: $2,250,000
- Assessed improvements: $6,288,750

## Zoning

C5-3: floor area ratio 9.05 built, 15.00 allowed by base zoning.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology