1 Cedar St

Built in 1930 this 290,116 sq.ft. building is 92% Residential, 4% Garage Space, 3% Retail and contains 340 residential units and 6 non-residential units.

This property is currently Off Market.

    Transit

    • Wall St Route 2Route 3 2 Minute walk, 0.1 Miles
    • Broad St Route JRoute Z 4 Minute walk, 0.2 Miles
    • Fulton St Route ARoute CRoute JRoute ZRoute 2Route 3Route 4Route 5 5 Minute walk, 0.3 Miles
    • Cortlandt St Route R 8 Minute walk, 0.4 Miles
    • World Trade Center Route ARoute CRoute ERoute 2Route 3 10 Minute walk, 0.5 Miles
    • Canal St Route JRoute NRoute QRoute RRoute ZRoute 6 20 Minute walk, 1.0 Miles
    • East Broadway Route F 21 Minute walk, 1.1 Miles

    Schools

    • Elementary School

      • For 2015-2016: Grades K-3 are zoned to PS 343 and Grades 4-5 are zoned to PS 276.
      • The Peck Slip School
        • Grades: PK,0K,01,02,03,SE
        • Principal: Margaret Siena
        • Phone: 212-312-6260
        • Address: 1 Peck Slip
        • Website: schools.nyc.gov
      • Battery Park City School
        • Grades: 0K,01,02,03,04,05,06,07,08,SE
        • Principal: Theresa Ruyter
        • Phone: 212-266-5800
        • Address: 55 Battery Place
        • Website: schools.nyc.gov
    • Middle School

      • J.H.S. 104 Simon Baruch
        • Grades: 06,07,08,SE
        • Principal: Rocco Macri
        • Phone: 212-674-4545
        • Address: 330 East 21 Street
        • Website: schools.nyc.gov
    • High School

      • Citywide High School Choice, students receive priority to Millennium High School (02M418).

    Units at this Address

    PriceUnitLast UpdateStatusPublic Records
    809Off Market0
    1014Off Market0
    721Off Market0
    521Off Market0
    1702Off Market0
    724Off Market0
    1704Off Market0
    1612Off Market0
    1611Off Market0
    802Off Market0
    519Off Market0
    1810Off Market0
    1908Off Market0
    901Off Market0
    1515Off Market0
    910Off Market0
    308Off Market0

    Public Records

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    • Initial UCC1 dated 2016-07-27, Secured Party: United Bank Show Details
    • A mortgage agreement for $0.00 was filed on 2007-08-02 Show Details
    • On 2007-08-02 a mortgage on this property was transferred from Wachovia Multifamily Capital, INC to Fannie Mae. Show Details
    • A $19,000,000.00 mortgage was taken from Wachovia Multifamily Capital, INC on 2007-08-02. Show Details
    • A $98,000,000.00 mortgage was taken from Fannie Mae on 2007-08-02. Show Details
    • A mortgage agreement for $98,000,000.00 was filed on 2007-08-01 Show Details
    • A $98,000,000.00 mortgage was taken from New York State Housing Finance Agency on 2007-08-02. Show Details
    • A mortgage agreement for $0.00 was filed on 2007-08-02 Show Details
    • Termination Of Agreement (Other Documents) was filed on 2007-08-27. Show Details
    • Initial UCC1 dated 2007-08-14, Secured Party: New York State Housing Finance Agency & Fannie Mae & U.S. Bank Trust National Association Show Details
    • Initial UCC1 dated 2007-08-14, Secured Party: Fannie Mae Show Details
    • Initial UCC1 dated 2007-08-14, Secured Party: Fannie Mae Show Details
    • UCC3 Termination dated 2005-01-12, Secured Party: M & T Real Estate Trust, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2005-01-12. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2005-01-12. Show Details
    • A mortgage with M & T Real Estate Trust & The Bank Of New York & New York State Teachers' Retirement System was satisfied on 2004-10-16. Show Details
    • A mortgage with M & T Real Estate Trust & The Bank Of New York & New York State Teachers' Retirement System was satisfied on 2004-10-19. Show Details
    • A mortgage agreement for $0.00 was filed on 2004-10-21 Show Details
    • A mortgage agreement for $0.00 was filed on 2004-10-21 Show Details
    • A $98,000,000.00 mortgage was taken from New York State Housing Finance Agency on 2004-10-21. Show Details
    • UCC3 Termination dated 2004-04-06, Secured Party: New York State Teachers' Retirement System, Assignee: Show Details
    • Initial UCC1 dated 2004-04-06, Secured Party: M&T Real Estate Trust Show Details
    • An Assignment of Leases and Rents was filed on 2004-03-15 Show Details
    • A mortgage agreement for $26,500,000.00 was filed on 2004-03-15 Show Details
    • A $1,000,000.00 mortgage was taken from M&T Real Estate Trust on 2004-03-15. Show Details
    • An Assignment of Leases and Rents was filed on 2004-03-15 Show Details
    • A mortgage agreement for $13,500,000.00 was filed on 2004-03-15 Show Details
    • A $6,883,076.97 mortgage was taken from M&T Real Estate Trust on 2004-03-15. Show Details
    • A $6,616,923.03 mortgage was taken from M&T Real Estate Trust on 2004-03-15. Show Details
    • A $25,500,000.00 mortgage was taken from M&T Real Estate Trust on 2004-03-15. Show Details
    • A mortgage agreement for $0.00 was filed on 2004-03-15 Show Details
    • On 2004-02-09 a mortgage on this property was transferred from New York State Teachers' Retirement System to M&T Real Estate Trust. Show Details
    • This property was sold for $57,000,000.00 on 2004-03-15. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2001-10-03. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1996-08-05. Show Details
    • A mortgage agreement for $0.00 was filed on 1994-09-06 Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1991-09-12. Show Details
    • A Miscellaneous legal document filed on 1987-12-09. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1986-10-09. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1986-10-09. Show Details
    • A mortgage agreement for $0.00 was filed on 1986-10-08 Show Details
    • A $13,000,000.00 mortgage was taken from Nys Teachers' Retrmtsys on 1986-10-08. Show Details
    • On 1986-10-08 a mortgage on this property was transferred from Bank New York to Nys Teacher'S Retrmtsys. Show Details
    • On 1986-10-08 a mortgage on this property was transferred from Bank New York to Nys Teachers' Retirmnt. Show Details
    • On 1986-10-08 a mortgage on this property was transferred from Bank New York to Nys Teachers' Retirmnt. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1986-10-08. Show Details
    • Initial UCC1 dated 1986-10-08, Secured Party: New York State Teachers Retirement System Show Details
    • A mortgage agreement for $0.00 was filed on 1985-11-13 Show Details
    • A mortgage agreement for $0.00 was filed on 1985-11-13 Show Details
    • A mortgage agreement for $0.00 was filed on 1985-11-13 Show Details
    • This property was leased on 1984-11-14 Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1984-07-17. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1984-07-17. Show Details
    • A $19,800,000.00 mortgage was taken from Bank Of New York on 1984-07-17. Show Details
    • A $7,200,000.00 mortgage was taken from Bank Of New York on 1984-07-17. Show Details
    • A mortgage agreement for $0.00 was filed on 1984-07-17 Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1984-01-23. Show Details
    • A $20,000,000.00 mortgage was taken from Bank Of New York on 1984-01-23. Show Details
    • This property was sold for $0.00 on 1984-01-16. Show Details
    • This property was sold for $0.00 on 1972-12-27. Show Details
    • A mortgage with Lawbeck Corporation & N.Y. Life Ins. Co. & Emigrant Savings Bank was satisfied on 1983-01-05. Show Details
    • This property was sold for $0.00 on 1970-07-01. Show Details
    • Declaration (Other Documents) was filed on 1967-09-18. Show Details
    • A mortgage agreement for $0.00 was filed on 1967-09-18 Show Details
    • A $0.00 mortgage was taken from Emigrant Savings Bank on 1967-09-18. Show Details
    • On 1967-09-18 a mortgage on this property was transferred from New York Life Ins Co to Emigrant Savings Bank. Show Details
    • This property was sold for $0.00 on 1966-05-27. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Sept. 29, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: Maiden Lane Properties Llc, 1999 Marcus Ave #310, Lake Success, NY 11042
    • Managing Agent: Lalezarian Developers Inc, David Sani, 350 W 37Th St #3RD FL, New York, NY 10018
    • Head Officer: Kevin Lalezarian, 1999 Marcus Ave #310, Lake Success, NY 11042
    • Officer: David Sani, 1999 Marcus Ave #310, Lake Success, NY 11021
    • Site Manager: Semsedin Ibraimi,

    Building Tips

    Lot

    Address
    1 Cedar St, 10005
    Square Footage
    17,684
    Lot Type
    Corner
    Dimensions
    147.75ft x 120.12ft
    BBL
    1000420001

    Neighborhood

    Neighborhood
    Financial District
    Historic District
    N/A
    Community District
    01
    City Council
    1
    Police Precinct
    1
    Fire Company
    E004
    School District
    2
    Census Tract
    7

    Zoning

    Zoning District
    C5-5
    Commercial Overlay
    N/A
    Special Purpose
    L
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    2
    MV Land
    $14,100,000
    MV Total
    $64,459,000
    AV Land
    $6,345,000
    AV Total
    $29,006,550

    Floor Area Ratio

    Built FAR
    16.41

    Residential
    Zoned FAR 10.0
    Max 176,840.0 sq. ft.
    Remaining -113,276.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 265,260.0 sq. ft.
    Remaining -24,856.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 265,260.0 sq. ft.
    Remaining -24,856.0 sq. ft.

    Building

    Category
    Elevator Apartments
    Class
    Elevator Apt; Fireproof With Stores
    Land Use
    Mixed Residential & Commercial Buildings
    Buildings
    1
    Year Built
    1930
    Alterations
    N/A
    Floors
    24.0
    Residential Units
    340
    Total Units
    346
    Floor Area
    290116
    Basement
    Full Basement Below Grade
    Proximity
    Unknown

    Crime

    This property is located in the 1st Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the 1st Precinct saw 1816 felony property crimes (Burglary, Grand Larceny and Grand Larceny of Motor Vehicle) committed per 100,000 residents**. This is higher then the borough's property crime rate, which was 1219 over the same period.

    Violent Crime

    Low
    In 2015 the 1st Precinct saw 258 felony violent crimes (Murder, Rape, Robbery and Felony Assault) committed per 100,000 residents**. This is lower then the borough's violent crime rate, which was 444 over the same period.

    ** This does not take daytime population into account. Actual crime rates in areas where many people work (higher daytime population) may be lower. Conversely actual crime rates may be higher in areas where many people commute out for work (lower daytime population).

    Street View