111 E 48th St
Midtown
New York, NY, 10017

Built in 1926 and contains 0 residential units and 8 non-residential units.

This property is currently Off Market.

    Transit

    • 51st St Route ERoute MRoute 6 3 Minute walk, 0.1 Miles
    • Grand Central-42nd St Route GSRoute 4Route 5Route 6Route 7 6 Minute walk, 0.3 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute M 9 Minute walk, 0.4 Miles
    • 59th St Route NRoute QRoute RRoute 4Route 5Route 6 12 Minute walk, 0.6 Miles
    • 50th St Route 1 14 Minute walk, 0.7 Miles
    • 50th St Route CRoute E 17 Minute walk, 0.9 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 18 Minute walk, 0.9 Miles

    Schools

    • Elementary School

      • P.S. 059 Beekman Hill International
        • Grades: 0K,01,02,03,04,05,SE
        • Principal: Adele Schroeter
        • Phone: 212-888-7870
        • Address: 231-249 East 56 Street
        • 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

    Public Records

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    • Initial UCC1 dated 2016-01-19, Debtor: 111 East 48Th Street Holdings, LLC, Secured Party: Deutsche Bank Ag New York Branch, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 2015-12-31 between Ihg Management (Maryland) LLC & 111 East 48Th Street Holdings, LLC and Deutsche Bank Ag New York Branch Show Details
    • 111 East 48Th Street Holdings, LLC took a mortgage for $43,000,000.00 from Deutsche Bank Ag New York Branch on 2015-12-31. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2015-09-15. Parties: Fisher 299 Associates Leasehold Owner LLC & Fisher-Park Lane Owner LLC, Deutsche Pfandbriefbank Ag & Munchener Hypothekenbank Eg & Hartford Life Insurance Company & New York Life Insurance Company & Dusseldorfer Hypothekenbank Ag Show Details
    • Initial UCC1 dated 2014-09-29, Debtor: 111 East 48Th Street Holdings, LLC, Secured Party: Deutsche Bank Ag New York Branch, Assignee: Show Details
    • Initial UCC1 dated 2014-09-29, Debtor: 111 East 48Th Street Holdings, LLC, Secured Party: Deutsche Bank Ag New York Branch, Assignee: Show Details
    • 111 East 48Th Street Holdings, LLC took a mortgage for $23,934,378.00 from Deutsche Bank Ag New York Branch on 2014-09-12. Show Details
    • 111 East 48Th Street Holdings, LLC took a mortgage for $31,065,622.00 from Deutsche Bank Ag New York Branch on 2014-09-12. Show Details
    • Mortgage Agreement for $185,000,000.00 dated 2014-07-31 between 111 East 48Th Street Holdings, LLC and Deutsche Bank Ag New York Branch Show Details
    • Barclay Operating Corp. sold this property to 111 East 48Th Street Holdings, LLC for $10.00 on 2014-03-31. Show Details
    • 111 East 48Th Street Holdings, LLC sold this property to Constellation Barclay Holding Us, LLC for $169,531,650.00 on 2014-03-31. Show Details
    • Initial UCC1 dated 2014-04-03, Debtor: 111 East 48Th Street Holdings, LLC, Secured Party: Deutsche Bank Ag New York Branch, Assignee: Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2014-04-03. Parties: 111 East 48Th Street Holdings LLC, Ihg Management (Maryland) LLC & Deutsche Bank Ag New York Branch Show Details
    • An Assignment of Leases and Rents was granted to 111 East 48Th Street Holdings, LLC by Deutsche Bank Ag New York Branch or 2014-03-31 Show Details
    • 111 East 48Th Street Holdings, LLC took a mortgage for $185,000,000.00 from Deutsche Bank Ag New York Branch on 2014-03-31. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2014-04-03. Parties: 111 East 48Th Street Holdings LLC, Ihg Management (Maryland) LLC Show Details
    • Zoning Lot Description (Other Documents) was filed on 2014-03-17. Parties: 111 East 48Th Street Holdings, LLC Show Details
    • Certificate (Other Documents) was filed on 2014-03-17. Parties: Chicago Title Insurance Company Show Details
    • Assignment Of Lease (Other Documents) was filed on 2013-11-07. Parties: Barclay Operating Corp., 111 East 48Th Street Holdings, LLC Show Details
    • Assignment Of Lease (Other Documents) was filed on 2013-11-07. Parties: Barclay Operating Corp., 111 East 48Th Street Holdings, LLC Show Details
    • Assignment Of Lease (Other Documents) was filed on 2013-11-07. Parties: Barclay Operating Corp., 111 East 48Th Street Holdings, LLC Show Details
    • Assignment Of Lease (Other Documents) was filed on 2013-11-07. Parties: Barclay Operating Corp., 111 East 48Th Street Holdings, LLC Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2013-11-07. Parties: Barclay Operating Corp., 111 East 48Th Street Holdings, LLC Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2013-11-07. Parties: Barclay Operating Corp., 111 East 48Th Street Holdings, LLC Show Details
    • Assignment Of Lease (Other Documents) was filed on 2013-11-07. Parties: Barclay Operating Corp., 111 East 48Th Street Holdings, LLC Show Details
    • Barclay Operating Corp. sold this property to 111 East 48Th Street Holdings, LLC for $10.00 on 2010-12-20. Show Details
    • UCC3 Amendment dated 2011-09-01, Debtor: Fisher 299 Associates Leasehold Owner LLC & Fisher-Park Lane Owner LLC, Secured Party: Hartford Life Insurance Company & New York Life Insurance Company & Munchener Hypothekenbank Eg, Assignee: Show Details
    • UCC3 Amendment dated 2011-09-01, Debtor: Fisher 299 Associates Leasehold Owner LLC & Fisher-Park Lane Owner LLC, Secured Party: Munchener Hypothekenbank Eg & New York Life Insurance Company & Dusseldorfer Hypothekenbank Ag, Assignee: Show Details
    • UCC3 Amendment dated 2011-09-01, Debtor: Fisher 299 Associates Leasehold Owner LLC & Fisher-Park Lane Owner LLC, Secured Party: Deutsche Pfandbriefbank Ag & New York Life Insurance Company & Munchener Hypothekenbank Eg, Assignee: Show Details
    • UCC3 Amendment dated 2011-08-29, Debtor: Fisher 299 Associates Leasehold Owner LLC & Fisher-Park Lane Owner LLC, Secured Party: New York Life Insurance Company & Munchener Hypothekenbank Eg, Assignee: Show Details
    • Correct Index/Deed-Office Use (Deeds And Other Conveyances) was filed on 2007-12-31. Parties: Fisher-Park Lane Company, Fisher-Park Lane Owner LLC Show Details
    • Assignment Of Lease (Other Documents) was filed on 2007-03-02. Parties: Inc. American Premier Underwriters & Inc. The Owasco River Railway, Metropolitan Transportation Authority Show Details
    • Inc. American Premier Underwriters & Inc. The Owasco River Railway sold this property to Midtown Trackage Ventures LLC for $0.00 on 2006-12-12. Show Details
    • Mortgage Agreement for $0.00 dated 2005-12-15 between Ubs Real Estate Investments Inc. and General Maritime Corporation & Fisher-Park Lane Owner LLC Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-03-29. Parties: Show Details
    • An Assignment of Leases and Rents was granted to Ubs Real Estate Investments Inc. by Fisher 299 Realty Leasehold Owner Llc & Ws 299 Leasehold Owner LLC & Fisher-Park Lane Owner Llc & Fisher 299 Associates Leasehold Owner Llc or 2005-12-15 Show Details
    • Fisher 299 Realty Leasehold Owner Llc & Ws 299 Leasehold Owner LLC & Fisher-Park Lane Owner Llc & Fisher 299 Associates Leasehold Owner Llc took a mortgage for $67,812,018.51 from Ubs Real Estate Investments Inc. on 2005-12-15. Show Details
    • Mortgage Agreement for $257,187,981.49 dated 2005-12-15 between Fisher 299 Realty Leasehold Owner Llc & Ws 299 Leasehold Owner LLC & Fisher-Park Lane Owner Llc & Fisher 299 Associates Leasehold Owner Llc and Ubs Real Estate Investments Inc. Show Details
    • On 2005-12-15 a mortgage on this property was transferred from As Trustee Lasalle Bank National Association to Ubs Real Estate Investments Inc.. Show Details
    • Initial UCC1 dated 2006-03-09, Debtor: Fisher 299 Associates Leasehold Owner LLC & Fisher-Park Lane Owner LLC & Fisher 299 Realty Leasehold Owner LLC & Ws 299 Leasehold Owner LLC, Secured Party: Ubs Real Estate Investments Inc., Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Fisher 299 Associates Fisher-Park Lane Owner Llc by Usb Real Estate Investments Inc. or 2005-12-15 Show Details
    • Fisher 299 Associates Fisher-Park Lane Owner Llc took a mortgage for $257,187,981.49 from Usb Real Estate Investments Inc. on 2005-12-15. Show Details
    • Initial UCC1 dated 2006-01-19, Debtor: Fisher 299 Associates Leasehold Owner LLC & Fisher-Park Lane Owner LLC, Secured Party: Ubs Real Estate Investments Inc., Assignee: Show Details
    • UCC3 Termination dated 2005-12-30, Debtor: Fisher 299 Associates Leasehold Owner LLC, Secured Party: National Association Lasalle Bank, Assignee: Show Details
    • UCC3 Termination dated 2005-12-30, Debtor: Fisher 299 Realty Leasehold Owner LLC, Secured Party: National Association Lasalle Bank, Assignee: Show Details
    • UCC3 Termination dated 2005-12-30, Debtor: Fisher-Princeton Leasehold LLC, Secured Party: National Association Lasalle Bank, Assignee: Show Details
    • UCC3 Termination dated 2005-12-30, Debtor: Fisher-Park Lane Owner LLC, Secured Party: National Association Lasalle Bank, Assignee: Show Details
    • UCC3 Termination dated 2005-12-30, Debtor: Ws 299 Leashold Owner LLC, Secured Party: National Association Lasalle Bank, Assignee: Show Details
    • On 2001-09-14 a mortgage on this property was transferred from Ubs Warburg Real Estate Investments Inc. to Lasalle Bank National Association. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2003-04-10. Parties: Ubs Warburg Real Estate Investments Inc., Lasalle Bank National Association Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2003-04-08. Parties: Fisher-Park Lane Owner LLC, Ubs Warburg Real Estate Investments Inc., Lasalle Bank National Association Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2003-04-08. Parties: Fisher-Princeton Leasehold Owner LLC, Ubs Warburg Real Estate Investments Inc., Lasalle Bank National Association Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2003-04-08. Parties: Fisher 299 Associates Leasehold Owner LLC, Ubs Warburg Real Estate Investments Inc., Lasalle Bank National Association Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2003-04-08. Parties: 299 Realty Leasehold Owner LLC, Ubs Warburg Real Estate Investments Inc., Lasalle Bank National Association Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2003-04-08. Parties: Ws 299 Leasehold Owner LLC, Ubs Warburg Real Estate Investments Inc., Lasalle Bank National Association Show Details
    • Initial UCC1 dated 2001-09-26, Debtor: Fisher-Princeton Leasehold Owner LLC, Secured Party: Ubs Warburg Real Estate Investemnts Inc., Assignee: Show Details
    • Initial UCC1 dated 2001-09-26, Debtor: Fisher-Park Lane Owner LLC, Secured Party: Ubs Warburg Real Estate Investments Inc., Assignee: Show Details
    • Initial UCC1 dated 2001-09-26, Debtor: Ws 299 Leasehold Owner LLC, Secured Party: Inc. Ubs Warburg Real Estate Investments, Assignee: Show Details
    • Initial UCC1 dated 2001-09-26, Debtor: Fisher 299 Associates Leasehold Owner LLC, Secured Party: Inc. Ubs Warburg Real Estate Investments, Assignee: Show Details
    • Initial UCC1 dated 2001-09-26, Debtor: Fisher 299 Realty Leasehold Owner LLC, Secured Party: Ubs Warburg Real Estate Investments Inc., Assignee: Show Details
    • On 2001-09-21 a mortgage on this property was transferred from Fisher 299 Associates Leasehold Owner LLC & Fisher-Park Lane Owner LLC & Ws 299 Leasehold Owner LLC & Fisher 299 Realty Leasehold Owner LLC & Fisher-Princeton Leasehold Owner LLC to Ubs Warburg Real Estate Investements Inc.. Show Details
    • On 2001-09-18 a mortgage on this property was transferred from Fisher-Park Lane Company to Fisher-Park Lane Owner LLC. Show Details
    • On 2001-09-21 a mortgage on this property was transferred from Union Bank Of Switzerland to Inc. Ubs Warburg Real Estate Investments. Show Details
    • Fisher-Park Lane Owner LLC leased this property from Fisher-Park Lane Owner LLC on 2001-09-18 Show Details
    • Fisher Park Lane Company sold this property to Fisher Park Lane Owner LLC for $0.00 on 2001-09-18. Show Details
    • On 2001-09-18 a mortgage on this property was transferred from Fisher-Park Lane Company to Fisher-Park Lane Owner LLC. Show Details
    • On 2001-09-18 a mortgage on this property was transferred from Fisher-Park Lane Company to Fisher-Park Lane. Show Details
    • Mortgage Agreement for $0.00 dated 2001-09-21 between Fisher 299 Associates Leasehold Owner LLC & Fisher-Park Lane Owner LLC & Fisher 299 Realty Leasehold Owner LLC & Fisher-Princeton Leasehold Owner LLC and Ubs Warburg Real Estate Investments Inc. & Ws 299 Leasehold Owner LLC Show Details
    • Fisher 299 Associates Leasehold Owner LLC & Fisher-Park Lane Owner LLC & Ws 299 Leasehold Owner LLC & Fisher 299 Realty Leasehold Owner LLC & Fisher-Princeton Leasehold Owner LLC took a mortgage for $233,228,323.00 from Ubs Warburg Real Estate Investments Inc. on 2001-09-21. Show Details
    • Mortgage Agreement for $0.00 dated 2001-09-17 between Metro-North Railroadcompany & Metropolitan Transportation Authority and Barclay Operating Corp. & Hotel Intercontinental New York Show Details
    • UCC3 Termination dated 1998-09-23, Debtor: Barclay Operating Corp, Secured Party: Connecticut Generallife Insurance Co, Assignee: Show Details
    • Barclay Operating Corporation Satisfied their Mortgage with Connecticut Generallife Insurance Company on 1998-09-14. Show Details
    • A Miscellaneous legal document filed on 1998-09-14. Parties: Connecticut Generallife Insurance Company Show Details
    • Metropolitan Transportation Authority & 230 Park Avenue Associates & New York And Harlemrailroad Company & Metro-North Commuterrailroad Company granted an easement to Inc. American Premier Underwriters on 1997-03-17. Show Details
    • Metropolitan Transportation Authority granted an easement to Barclay Operating Corp. & Hotel Intercontinental New York on 1997-05-29. Show Details
    • Metropolitan Transportation Authoriy granted an easement to Barclay Operating Corp. & Hotel Intercontinental New York on 1997-05-29. Show Details
    • Penn Central Corp. & Metropolitan Transportation Authority leased this property from American Premier Underwriters Inc. & Inc. Owasco River Railway on 1994-04-08 Show Details
    • Mortgage Agreement for $0.00 dated 1995-08-21 between Chase Manhattan Bank/Connecticut - Trustee and Metropolitan Transportation Authority - Tenant Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1995-04-03. Parties: Barclay Operating Corp, Connecticut Generallife Insurance Co Show Details
    • Metropolitan Transportation Authority leased this property from Inc. American Premier Underwrites & Inc. Owasco River Railway on 1994-04-14 Show Details
    • Mortgage Agreement for $0.00 dated 1994-04-14 between Metropolitan Transportation Authority and Chase Manhattan Bankof Connecticut Show Details
    • Mortgage Agreement for $0.00 dated 1994-04-14 between New York & Harlem Railroad Company and Metropolitan Transportation Authority Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1990-06-13. Parties: Barclay Operating Corp, Connecticut Generallife Insurance Co Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1990-06-13. Parties: Barclay Operating Corp, Connecticut Gen Lifeetc Show Details
    • On 1990-03-06 a mortgage on this property was transferred from Nys Teachers Retirement to Fisher Park Lane Co. Show Details
    • Mortgage Agreement for $0.00 dated 1990-02-15 between Fisher 299 Associates & Fisher 299 Realty Co & Fisher-Park Lane Company and Union Bank Switzerland Show Details
    • Inter Continental Htl granted an easement to Ny Telephone Company on 1987-05-28. Show Details
    • Initial UCC1 dated 1985-06-07, Debtor: Barclay Operating Corp, Secured Party: Connecticut Generallife Insurance Co, Assignee: Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1985-06-07. Parties: Barclay Operating Corp Show Details
    • Inc Owasco River Railway sold this property to New York & Harlem R.R.Co for $0.00 on 1984-01-06. Show Details
    • Declaration (Other Documents) was filed on 1983-11-17. Parties: Inc Owasco River Railway & Penn Central Corporation & N.Y.& Harlem Railroad Co Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1982-12-13. Parties: Park Lane Hldg Corp. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 1979-10-01. Parties: Barclay Operating Corp, Intercontinental Hotels Show Details
    • On 1979-10-01 a mortgage on this property was transferred from Barclay Operating Corp to Connecticut Gnl Lf Ins. Show Details
    • Penn Central Etal & Robert Wtr Blanchette sold this property to Penn Central Corp for $0.00 on 1978-11-17. Show Details
    • On 1978-08-01 a mortgage on this property was transferred from Realty Hotels Inc to Barclay Operating Corp. Show Details
    • On 1978-08-01 a mortgage on this property was transferred from Penn Central Transpetal to Barclay Operating Corp. Show Details
    • Realty Hotels Inc leased this property from Penn Central Transpetal on 1978-08-01 Show Details
    • On 1978-08-01 a mortgage on this property was transferred from Penn Central Transpetal to Barclay Operating Corp. Show Details
    • On 1978-08-01 a mortgage on this property was transferred from Penn Central Transpetal to Barclay Operating Corp. Show Details
    • ... and 20 older documents.

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Sept. 23, 2014 and the registration expires Sept. 1, 2015.

    • Corporate Owner: 111 East 48Th Street Holdings, Llc, 111 East 48Th St, Ny, NY 100171297
    • Managing Agent: Ihg Management (Maryland) Llc Intercontinental Ht, Herve Houdre, 111 East 48Th St, Ny, NY 100171297
    • Head Officer: Herve Houdre, 111 EAST 48Th Street, Ny, NY 100171297
    • Officer: Travis Ray, 111 EAST 48Th Street, Ny, NY 10017
    • Site Manager: Herve Houdre Regional & General Manage,

    Lot

    Address
    111 E 48th St, 10017
    Square Footage
    41,170
    Lot Type
    Corner
    Dimensions
    200.83ft x 205.0ft
    BBL
    1013030014

    Neighborhood

    Neighborhood
    NeighborhoodContent object
    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    18
    Fire Company
    L002
    School District
    2
    Census Tract
    92

    Zoning

    Zoning District
    C6-6
    Commercial Overlay
    N/A
    Split Zoning
    Yes
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $6,223,000
    MV Total
    $148,645,000
    AV Land
    $2,800,350
    AV Total
    $66,890,250

    Floor Area Ratio

    Built FAR
    0.0

    Residential
    Zoned FAR 10.0
    Max 411,700.0 sq. ft.
    Remaining 411,700.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 617,550.0 sq. ft.
    Remaining 617,550.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 617,550.0 sq. ft.
    Remaining 617,550.0 sq. ft.

    Building

    Category
    Hotels
    Class
    Hotel; Luxury Type Built Prior To 1960
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1926
    Alterations
    N/A
    Floors
    14.0
    Residential Units
    0
    Total Units
    8
    Floor Area
    0
    Basement
    No Basement
    Proximity
    Detached

    Crime

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

    Property Crime

    Very high
    In 2015 the Midtown North Precinct saw 3618 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

    High
    In 2015 the Midtown North Precinct saw 603 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