5 East 59 Street

Manhattan · 10022 · BBL 1013740005

24.3/100LOW AREA PRESSURE

5 East 59 Street is a commercial or office building in Midtown East, Manhattan, ZIP 10022. City records date it to 1984. The city's property file lists the owner of record as 5 East 59th Street Holdings LLC. Its most recent total assessed value is $7.6M.

Ownership transfers

Party taking titleRecordedAmount
Neg Facility 1 LLCASST from Neg Financing 1 LLCMar 12, 2026
Axos BankASST from Neg Facility 1 LLCMar 12, 2026
Neg Financing 1 LLCASST from Cerco Bridge Loans 6 LLCFeb 19, 2026

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 5 East 59 Street in the citywide marshal file, which runs from April 2024.

Rent stabilization at this address

No DHCR rent-stabilization registration is on file for 5 East 59 Street 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 →

Building permits

WorkFiledType
PMMINSTALLATION AND USE OF TEMPORARY MINI CRANE AS PER PLANS FILED HEREWITH. NO CHAApr 1, 2026AL
PLMPartial demolition of plumbing fixtures and associated piping as per plansMar 31, 2026AL

DOB job filings on this lot, past 12 months. Source: NYC DOB job filings, current through August 26, 2026.

311 housing complaints

5 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 5 East 59 Street compares in 10022

PulseCities tracks 5,757 lots in 10022, of which 54 carry an executed eviction from the marshal record, which starts in April 2024, and 357 carry a deed from the shorter ACRIS window. 10022 scores 24.3 out of 100 for displacement pressure, 124 of 177 scored NYC ZIP codes. The full signal breakdown for Midtown East →

Watch 5 East 59 Street

Get an email when a deed, eviction, permit or violation is filed on this building. Only when something lands, and never more than once a day

Questions about 5 East 59 Street

Who owns 5 East 59 Street?

The most recent deed on file for 5 East 59 Street names 5 East 59th Street Holdings LLC. Deeds record the party that took title, which is often a holding company rather than the operator managing the building.

Has 5 East 59 Street changed hands recently?

No deed for 5 East 59 Street appears in the ACRIS records PulseCities holds. That means no transfer has been published for this lot in the current window, not that the building has never been sold.

Have there been evictions at 5 East 59 Street?

No executed eviction at 5 East 59 Street 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 5 East 59 Street rent stabilized?

No DHCR registration for 5 East 59 Street 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 5 East 59 Street?

10022 (Midtown East) scores 24.3 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.