1050 Avenue Of The Americas
Midtown South
New York, NY, 10018

Built in 1900 this 11,074 sq.ft. building is 54% Retail, 46% Storage and contains 4 residential units and 3 non-residential units.

This property is currently Off Market.

    Transit

    • 42nd St Route BRoute DRoute FRoute MRoute 7 0 Minute walk, 0.0 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 8 Minute walk, 0.4 Miles
    • Times Square-42nd St Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 2 Minute walk, 0.1 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 6 Minute walk, 0.3 Miles

    Schools

    • Elementary School

      • P.S. 051 Elias Howe
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Nancy Sing Bock
        • Phone: 212-315-7160
        • Address: 525 West 44Th Street
        • Website: schools.nyc.gov
    • Middle School

      • Zoned to District 2. No zoned school. Contact 718-935-2383 for more information.
    • High School

      • Citywide High School Choice

    Public Records

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    • Initial UCC1 dated 2015-12-10, Debtor: 1050 Avenue Of The Americas LLC, Secured Party: N.A. Bank Of America, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 1050 Avenue Of The Americas LLC by N.A. Bank Of America or 2015-11-23 Show Details
    • 1050 Avenue Of The Americas LLC took a mortgage for $800,325.00 from N.A. Bank Of America on 2015-11-23. Show Details
    • 1050 Avenue Of The Americas LLC took a mortgage for $25,199,675.00 from N.A. Bank Of America on 2015-11-23. Show Details
    • 1040 Avenue Of The Americas LLC sold this property to 1050 Avenue Of The Americas LLC for $10.00 on 2015-11-23. Show Details
    • UCC3 Amendment dated 2015-12-10, Debtor: 1040 Avenue Of The Americas LLC, Secured Party: N.A. Bank Of America, Assignee: Show Details
    • UCC3 Amendment dated 2015-12-10, Debtor: 1040 Avenue Of The Americas LLC, Secured Party: N.A. Bank Of America, Assignee: Show Details
    • Release dated 2015-11-23 between 1040 Avenue Of The Americas LLC and N.A. Bank Of America Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2015-12-10. Parties: N.A. Bank Of America, 1040 Avenue Of The Americas LLC Show Details
    • Zoning Lot Description (Other Documents) was filed on 2015-10-06. Parties: 1040 Avenue Of The Americas LLC Show Details
    • A Miscellaneous legal document filed on 2015-08-25. Parties: N.A. Bank Of America Show Details
    • 80 West 40Th Street Associates LLC granted an easement to 1040 Avenue Of The Americas LLC on 2015-08-07. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2015-08-25. Parties: 1040 Avenue Of The Americias LLC, 80 West 40Th Street Associates LLC Show Details
    • Initial UCC1 dated 2013-02-14, Debtor: 1040 Avenue Of The Americas LLC, Secured Party: N.A. Bank Of America, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 1040 Avenue Of The Americas LLC by N.A. Bank Of America or 2013-01-31 Show Details
    • Mortgage Agreement for $65,000,000.00 dated 2013-01-31 between 1040 Avenue Of The Americas LLC and N.A. Bank Of America Show Details
    • Certificate Of Reduction (Mortgages & Instruments) was filed on 2013-02-14. Parties: 1040 Avenue Of The Americas LLC, N.A. Bank Of America Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2013-02-14. Parties: N.A. Bank Of America Show Details
    • 1040 Avenue Of The Americas LLC Satisfied their Mortgage with N.A. Bank Of America on 2013-01-31. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2012-06-27. Parties: 1040 Avenue Of The Americas LLC, N.A. Bank Of America Show Details
    • Mortgage Agreement for $0.00 dated 2009-03-03 between N.A. Bank Of America and Inc. Northeast Power Coordinating Council & 1040 Avenue Of The Americas LLC Show Details
    • Initial UCC1 dated 2007-11-15, Debtor: 1040 Avenue Of The Americas LLC, Secured Party: N.A. Bank Of America, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 1040 Avenue Of The Americas LLC by N.A. Bank Of America or 2007-11-01 Show Details
    • 1040 Avenue Of The Americas LLC took a mortgage for $10,000,000.00 from N.A. Bank Of America on 2007-11-01. Show Details
    • Mortgage Agreement for $90,000,000.00 dated 2007-11-01 between 1040 Avenue Of The Americas LLC and N.A. Bank Of America Show Details
    • 1040 Avenue Of The Americas LLC took a mortgage for $83,027,477.72 from N.A. Bank Of America on 2007-11-01. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-11-15. Parties: Rrh Owners, LLC & Gladstein Realty Company, LLC & Rosenthal Associates & Rmr Owners, LLC, First Republic Bank Show Details
    • On 2007-11-01 a mortgage on this property was transferred from 1114 Corporation to N.A. Bank Of America. Show Details
    • On 2007-10-29 a mortgage on this property was transferred from First Republic Bank to N.A. Bank Of America. Show Details
    • Rrh Owners, LLC & Gladstein Realty Company LLC & As Trustee Of The Robert M. Rosenthal Trust & Rosenthal Associates & Robert M. Rosenthal sold this property to 1040 Avenue Of The Americas LLC for $170,000,000.00 on 2007-11-01. Show Details
    • Rhoda Herrick sold this property to Rrh Owners, LLC for $0.00 on 2006-10-30. Show Details
    • Robert M Rosenthal sold this property to Rosenthal, As Trustee, Robert M & The Robert M. Rosenthal Living Trust for $0.00 on 2004-01-28. Show Details
    • Edythe Gladstein sold this property to Gladstein Realty Company LLC for $0.00 on 1999-12-29. Show Details
    • Sudane Rlty Corp. Satisfied their Mortgage with Mutual Life Ins Co Ny on 1992-02-10. Show Details
    • David Est Rosenthal & Anna L/W/T Rosenthal & Robert M.Rep Rosenthal & Edythe Tr/Rep Gladstein & Rhoda Tr/Rep Herrick sold this property to Rhoda Herrick for $0.00 on 1983-04-21. Show Details
    • David Est Rosenthal & Edythe Tr/Rep Gladstein & Robert M.Rep Rosenthal & Anna L/W/T Rosenthal & Rhoda Tr/Rep Herrick sold this property to Edythe Gladstein for $0.00 on 1983-04-21. Show Details
    • Anna Lwt Rosenthal & Rhoda Tr. Herrick & Edythe Tr. Gladstein & Robert M.Rep. Rosenthal & David Dec'D Tr Rosenthal sold this property to Robert M. Rosenthal for $0.00 on 1983-04-21. Show Details
    • David Rosenthal sold this property to Rosenthal Associates for $0.00 on 1981-12-31. Show Details
    • David Rosenthal sold this property to Rosenthal Assoc for $0.00 on 1981-09-30. Show Details
    • Anna Decd Rosenthal sold this property to Anna Tr Rosenthal & David Tr Rosenthal & Rhoda Tr Herrick & Edythe Tr Gladstein for $0.00 on 1978-05-24. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on June 3, 2015 and the registration expires Sept. 1, 2016.

    • Corporate Owner: 1040 Avenue Of The Americas Llc, 13-15 West 54Th Street, New York, NY 10019
    • Managing Agent: 1040 Avenue Of The Americas Llc, David Malitzky, 13-15 West 54Th Street, New York, NY 10019
    • Head Officer: Mark Fishel, 13-15 West 54Th Street, New York, NY 10019
    • Officer: David Malitzky, 13-15 West 54Th Street, New York, NY 10019
    • Site Manager: Michael Patterson,

    Lot

    Address
    1050 Avenue Of The Americas, 10018
    Square Footage
    3,940
    Lot Type
    Inside
    Dimensions
    39.33ft x 100.0ft
    BBL
    1008410091

    Neighborhood

    Neighborhood
    Midtown South
    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    14
    Fire Company
    E065
    School District
    2
    Census Tract
    84

    Zoning

    Zoning District
    C6-4.5
    Commercial Overlay
    N/A
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $1,000,000
    MV Total
    $3,328,000
    AV Land
    $450,000
    AV Total
    $1,497,600

    Floor Area Ratio

    Built FAR
    2.81

    Residential
    Zoned FAR 10.0
    Max 39,400.0 sq. ft.
    Remaining 28,326.0 sq. ft.

    Commercial
    Zoned FAR 12.0
    Max 47,280.0 sq. ft.
    Remaining 36,206.0 sq. ft.

    Facility
    Zoned FAR 12.0
    Max 47,280.0 sq. ft.
    Remaining 36,206.0 sq. ft.

    Building

    Category
    Loft Buildings
    Class
    Loft; With Retail Stores Other Than Type One
    Land Use
    Industrial & Manufacturing Buildings
    Buildings
    2
    Year Built
    1900
    Alterations
    N/A
    Floors
    5.0
    Residential Units
    4
    Total Units
    7
    Floor Area
    11074
    Basement
    Full Basement Below Grade
    Proximity
    Attached

    Crime

    This property is located in the Midtown South Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the Midtown South Precinct saw 11196 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

    Very high
    In 2015 the Midtown South Precinct saw 2014 felony violent crimes (Murder, Rape, Robbery and Felony Assault) committed per 100,000 residents**. This is higher 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