Areal estate stocking stuffer is coming to market and should sell for over $30 million.

The 43,000-square-foot 587 Fifth Ave. sits between 48th and 49th Streets on the east side of the block right between the Diamond District and Rockefeller Center.

According to real estate sources, the 10-story building is being sold by Zamir Equities, which has a leasehold on the building that runs until 2079, and calls for fixed-rent payments and step-ups that go to Jane Goldman, who owns the ground.

It is 95-percent leased with retailer Quiksilver on the ground floor. Upstairs there are jewelry tenants, including the seller, Zamir, who is also a jeweler and occupies a few floors. Rents are in the $40s-a-foot range.

The investment crew at Jones Lang LaSalle — Richard Baxter, Ron Cohen, Scott Latham and Jon Caplan — is just beginning to market the building.

The JLL team also just finished the sale of the 62,700-square-foot 434 Broadway, which went from signed contract to a $41 million all-cash closing in 10 days.

The Georgetown Group bought it for the same price sellers KBS Realty Advisors paid in 2007. Valley National Bank holds down the corner of Howard Street retail until 2017.

That entire stretch of Broadway below Canal is starting to improve, with retail rents running $300 to $400 a foot.

*

The entire office portion of 349 Fifth Ave., at 34th Street, was just leased to We Work, which provides temp office spaces and already has a location in SoHo. According to David Zar of Zar Property NY, the asking rent for the 43,000 square feet was $39 a foot. The 15-year deal was negotiated without brokers by David and his uncle Dario Zar, president of the company.

“We reached out to everyone and did a lot of advertising and they reached out to us,” David Zar said of the new tenant, which will take possession today.

JPMorgan Chase sold Zar the building last year and remains the retail tenant.

*

The former Verizon Building downtown at 375 Pearl St. is finally being formally marketed by Darcy Stacom and Bill Shanahan at CB Richard Ellis, Crain’s reported.

All year, mortgage holder M&T Bank had been informally pitching it to some of its clients.

M&T also negotiated a friendly hand-over agreement with Taconic Partners, which had paid $172.5 million in 2007 for a 76 percent stake along with Square Mile Capital.

Taconic had hoped to find an office tenant and re-skin the white building with a proper curtain wall, but the location turned off corporate tenants.

The building shadows One Police Plaza and is across the Brooklyn Bridge underpass from Pace University.

The face loan was $110 million and M&T hopes to get at least that much if not more for what would be over 1 million square feet on a rentable basis and using a market loss factor — or about $110 a foot.

According to Stacom: “This could be the deal that people look back on and feel it got away. It has a robust infrastructure and could be a phenomenal buy.” Stay tuned.

*

The Meatpacking District building at 414 W. 14th St. just landed a tenant for its top 6,525-square-foot sixth floor and unique roof deck that overlooks much of the area. The asking rent was $75 a foot for the Carlyle-owned, completely renovated historical property.

The Canadian-based contract furniture company, Inscape, will use it for its local showroom and offices and will be moving from the showroom building at 200 Lexington Ave.

Stuart Siegel of Grubb & Ellis brought in the tenant, while a CB Richard Ellis team of Brad Gerla and Matt Bergey represented the owners.

Purrington Moody & Weil have moved into their space on the fourth floor, and Levi’s is selling custom jeans from its retail spot.

One retail space is available, along with the second, third and fifth floors. “I’ve been showing it a lot,” said Gerla.

*

The Permanent Mission of Japan to the United Nations renewed its lease for 50,740 square feet at 866 United Nations Plaza. Vice Chairman Mariyon Robertson and Junji Miyake of Cassidy Turley represented the mission, while Glen Weiss, Martin Dresner and Jared Soloman of Vornado Realty Trust repped ownership, which had an asking rent of $60 a foot.

*

Joseph Chetrit just won a round in his court battle with Charles Dayan over the future redevelopment of the Temple Court at 5 Beekman St.

In order to ex tend and reduce their mortgage commitment from about $53 million to just over $20 million, Chetrit had to lay out both his and Dayan’s share of additional monies.

Now, a state Supreme Court judge has ordered Dayan to pay up. Stephen Meister, Chetrit’s lawyer, said he will start enforcing the judgment, which encompasses about $2.55 million.

Meanwhile, the project by City Hall Park and the new Frank Gehry tower at 8 Spruce St. remains in limbo. Dayan said he disagrees with the court ruling and intends to appeal. [email protected]