5 East 59th st
30 Flatbush Avenue
Non-Performing Loan: Gramercy Apartment Building
Non-Performing Loan: Midtown Manhattan Office Building
1 Flatbush Avenue - “Gateway to the Fulton Mall”
132 West 31st Street
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570 Seventh Avenue
570 Seventh Avenue
Capstone Equities owns and manages 570 Seventh Avenue, a 170,000 square foot commercial property, consisting of office, retail and signage. Located on the southwest corner of 41st Street and Seventh Avenue - one block south of Times Square which is one of the most vibrant areas in New York City and is often referred to as “The Crossroads of the World”.

The opportunity is to reposition the Building by expanding the retail portion, creating a boutique office building with full floors of 9,000 square feet and installing illuminated signage on a significant portion of the building’s facade. Furthermore, Capstone plans on a major lobby renovation and capital improvements upgrade.
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