597 5 Avenue
Manhattan · 10017 · BBL 1012840002
597 5 Avenue is a commercial or office building in Midtown East, Manhattan, ZIP 10017. City records date it to 1913. The city's property file lists the owner of record as Comm 2014-Ubs4 Fifth Avenue, LLC. Its most recent total assessed value is $20.6M.
The ownership chain
The most recent recorded deed is dated Mar 25, 2026, transferring the lot to 597 Fifth Owner LLC for a stated $54M. PulseCities holds 1 recorded deed for this lot. Deeds recorded through July 31, 2026, the most recent day the city has published.
A deed names a party of record. Stated consideration of $0 usually marks a transfer between related parties rather than a sale.
Ownership transfers
| Party taking title | Recorded | Amount |
|---|---|---|
| 597 Fifth Owner LLCDEED from Comm 2014-Ubs4 Fifth Avenue LLC | Mar 25, 2026 | $54.0M |
Deeds and assignments recorded in ACRIS, one row per document. Amount is the stated consideration; $0 often marks a non-arms-length transfer. An assignment moves a lender's paper and is not a sale. Source: NYC ACRIS, current through July 31, 2026.
What the eviction record shows
No executed eviction is on record at 597 5 Avenue in the citywide marshal file, which runs from April 2024.
Rent stabilization at this address
No DHCR rent-stabilization registration is on file for 597 5 Avenue in the years PulseCities holds. Absence is not proof: an owner who stops registering leaves the same gap as a building that never had stabilized units. Checking your own apartment starts with the free rent history. How to check rent-stabilized status →
311 housing complaints
8 complaints in the past 12 months
NYC 311 housing and building complaints logged for this address. Source: NYC 311, current through August 26, 2026.
How 597 5 Avenue compares in 10017
PulseCities tracks 667 lots in 10017, of which 29 carry an executed eviction from the marshal record, which starts in April 2024, and 32 carry a deed from the shorter ACRIS window. 10017 scores 12.5 out of 100 for displacement pressure, 159 of 177 scored NYC ZIP codes. The full signal breakdown for Midtown East →
Watch 597 5 Avenue
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Questions about 597 5 Avenue
Who owns 597 5 Avenue?
The most recent deed on file for 597 5 Avenue names 597 Fifth Owner LLC. Deeds record the party that took title, which is often a holding company rather than the operator managing the building. That deed was recorded Mar 25, 2026.
How much did 597 5 Avenue sell for?
The most recent deed states a consideration of $54M, recorded Mar 25, 2026 in ACRIS. Stated consideration is what the parties filed, and it can differ from the economics of the deal.
Have there been evictions at 597 5 Avenue?
No executed eviction at 597 5 Avenue appears in the NYC evictions dataset, which PulseCities holds from April 2024 forward. Executed evictions are the end of the process, so a building with none may still have active housing court cases.
Is 597 5 Avenue rent stabilized?
No DHCR registration for 597 5 Avenue appears in the years PulseCities holds. That is a gap in the registration record rather than an answer about any apartment, and the free rent history from NYS Homes and Community Renewal is what settles it.
What is the displacement risk around 597 5 Avenue?
10017 (Midtown East) scores 12.5 out of 100 on the PulseCities displacement index. The score reads five ZIP-level signals: eviction rate, LLC acquisition rate, permit intensity, assessment spikes, and 311 complaint volume. It describes the area around the building, not the building itself.
Sourced from NYC public records: ACRIS deeds, DOB permits, the NYC evictions dataset, and 311. Records reflect what agencies have published and can lag events.