114 E 40th St
Murray Hill
New York, NY, 10016

Built in 1925 this 26,178 sq.ft. building is 89% Residential, 11% Retail and contains 35 residential units and 2 non-residential units.

This property is currently Off Market.

    Transit

    • Grand Central-42nd St Route GSRoute 4Route 5Route 6Route 7 2 Minute walk, 0.1 Miles
    • Times Square-42nd St Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 11 Minute walk, 0.6 Miles
    • 5th Av Route BRoute DRoute FRoute MRoute 7 7 Minute walk, 0.4 Miles

    Schools

    • Elementary School

      • P.S. 116 Mary Lindley Murray
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Jane Hsu
        • Phone: 212-685-4366
        • Address: 210 East 33 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

    Units at this Address

    PriceUnitLast UpdateStatusPublic Records
    3COff Market0
    3BOff Market0
    2AOff Market0
    5AOff Market0
    4AOff Market0
    6BOff Market0
    9BOff Market0
    9DOff Market0

    Public Records

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    • Initial UCC1 dated 2016-12-02, Debtor: Rj40 LLC & 114-116 Holdings LLC & 174 Delancey Associates, LLC & 114 Pg LLC & Pk 114-116 East 40Th Street LLC & Ams East 40Th Holdings, LLC, Secured Party: Sterling National Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Rj40 LLC & 114-116 Holdings LLC & 174 Delancey Associates, LLC & 114 Pg LLC & Pk 114-116 East 40Th Street LLC & Ams East 40Th Holdings, LLC by Sterling National Bank or 2016-11-21 Show Details
    • Mortgage Agreement for $18,200,000.00 dated 2016-11-21 between Rj40 LLC & 114-116 Holdings LLC & 174 Delancey Associates, LLC & 114 Pg LLC & Pk 114-116 East 40Th Street LLC & Ams East 40Th Holdings, LLC and Sterling National Bank Show Details
    • Rj40 LLC & 114-116 Holdings LLC & 174 Delancey Associates, LLC & 114 Pg LLC & Pk 114-116 East 40Th Street LLC & Ams East 40Th Holdings, LLC took a mortgage for $4,465,408.00 from Sterling National Bank on 2016-11-21. Show Details
    • On 2016-11-21 a mortgage on this property was transferred from New York Branch Bank Of China to Sterling National Bank. Show Details
    • Bre Fsc Multifamily Borrower LLC took a mortgage for $480,000,000.00 from New York Branch Bank Of China on 2016-11-21. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2016-12-02. Parties: New York Branch Bank Of China, Bre Fsc Multifamily Borrower LLC Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-12-02. Parties: New York Branch Bank Of China, Bre Fsc Multifamily Borrower LLC Show Details
    • Bre Fsc Multifamily Borrower LLC sold this property to 114 Pg LLC & Rj40 LLC & 114-116 Holdings LLC & Ams East 40Th Holdings LLC & 174 Delancey Associates LLC & Pk 114-116 East 40Th Street LLC for $27,500,000.00 on 2016-11-21. Show Details
    • On 2015-11-06 a mortgage on this property was transferred from Annaly Cre LLC to New York Branch Bank Of China. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2015-12-24. Parties: Annaly Cre LLC, New York Branch Bank Of China Show Details
    • On 2015-11-06 a mortgage on this property was transferred from Annaly Cre LLC to New York Branch Bank Of China. Show Details
    • Bre Fsc Multifamily Borrower LLC took a mortgage for $480,000,000.00 from Annaly Cre LLC on 2015-11-06. Show Details
    • An Assignment of Leases and Rents was granted to Bre Fsc Multifamily Borrower LLC by Annaly Cre LLC or 2015-09-10 Show Details
    • Mortgage Agreement for $14,285,167.00 dated 2015-09-10 between Bre Fsc Multifamily Borrower LLC and Annaly Cre LLC Show Details
    • Bre Fsc Multifamily Borrower LLC took a mortgage for $9,053,167.00 from Annaly Cre LLC on 2015-09-10. Show Details
    • On 2015-09-10 a mortgage on this property was transferred from Fannie Mae to Annaly Cre LLC. Show Details
    • 114 E 40 LLC sold this property to Bre Fsc Multifamily Borrower LLC for $20,534,927.00 on 2015-09-10. Show Details
    • UCC3 Termination dated 2015-09-22, Debtor: 114 E 40 Lc, Secured Party: Fannie Mae, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2012-09-17. Parties: New York Community Bank Show Details
    • Initial UCC1 dated 2012-09-17, Debtor: 114 E 40 LLC, Secured Party: Fannie Mae, Assignee: Show Details
    • On 2012-07-16 a mortgage on this property was transferred from Beech Street Capital, LLC to Fannie Mae. Show Details
    • Mortgage Agreement for $5,232,000.00 dated 2012-07-16 between 114 E 40 LLC and Beech Street Capital, LLC Show Details
    • 114 E 40 LLC took a mortgage for $602,902.26 from Beech Street Capital, LLC on 2012-07-16. Show Details
    • On 2012-07-12 a mortgage on this property was transferred from New York Community Bank to Beech Street Capital, LLC. Show Details
    • UCC3 Termination dated 2012-09-12, Debtor: 114 E 40 LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • UCC3 Termination dated 2011-08-09, Debtor: 114 E 40 LLC, Secured Party: Fa Washington Mutual Bank, Assignee: Show Details
    • Initial UCC1 dated 2011-08-03, Debtor: 114 E 40 LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 114 E 40 LLC by New York Community Bank or 2011-06-20 Show Details
    • Mortgage Agreement for $4,705,000.00 dated 2011-06-20 between 114 E 40 LLC and New York Community Bank Show Details
    • 114 E 40 LLC took a mortgage for $1,789,284.71 from New York Community Bank on 2011-06-20. Show Details
    • On 2011-06-20 a mortgage on this property was transferred from Fannie Mae to New York Community Bank. Show Details
    • On 2011-04-21 a mortgage on this property was transferred from Federal Deposit Insurance Corporation to Fannie Mae. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2008-08-06. Parties: 114 E 40 LLC, Fa Washington Mutual Bank Show Details
    • Mortgage Agreement for $0.00 dated 2003-09-18 between 114 E 40 LLC and Fa Washington Mutual Bank Show Details
    • 114 E 40 LLC took a mortgage for $1,112,108.27 from Fa Washington Mutual Bank on 2003-09-18. Show Details
    • Benny Jr Caiola sold this property to 114 E 40 LLC for $0.00 on 2003-09-18. Show Details
    • Initial UCC1 dated 2003-09-29, Debtor: 114 E 40 LLC, Secured Party: Fa Washington Mutual Bank, Assignee: Show Details
    • On 1999-03-12 a mortgage on this property was transferred from Cinco De Mayo LLC to Dime Savings Bank Ofnew York. Show Details
    • Benny Jr. Caiola took a mortgage for $177,588.62 from Dime Savings Bank Ofnew York on 1999-03-12. Show Details
    • Benny Jr. Caiola took a mortgage for $670,000.00 from Cinco De Mayo LLC on 1999-03-12. Show Details
    • Mortgage Agreement for $0.00 dated 1999-03-12 between Benny Jr. Caiola and Dime Savings Bank Ofnew York Show Details
    • Mortgage Agreement for $0.00 dated 1999-03-12 between Alrose Holding Company, LLC & Benny Jr. Caiola & Benabi Realty Co. & Benny Caiola & L.P. Uptown Realty Group and Cinco De Mayo LLC Show Details
    • On 1998-12-30 a mortgage on this property was transferred from Fleet Bank Nationalassociation to Cinco De Mayo LLC.. Show Details
    • Mortgage Agreement for $0.00 dated 1998-12-30 between Kalabi Realty Co. & Benny Jr. Caiola & Benabi Realty Co. & Alrose Holding Company LLC. & Uptown Realty Groupl.P. and Nationalassociation Fleet Bank Show Details
    • Initial UCC1 dated 1998-07-31, Debtor: Jr Benny Caiola, Secured Party: Fsb The Dime Savings Bank Ofnew York, Assignee: Show Details
    • Initial UCC1 dated 1998-07-14, Debtor: Jr Benny Caiola, Secured Party: Fsb The Dime Savings Bank Ofnew York, Assignee: Show Details
    • On 1994-07-25 a mortgage on this property was transferred from Emigrant Savings Bank to Dime Savings Bank Ofnew York. Show Details
    • Benny Jr. Caiola took a mortgage for $2,766.35 from Dime Savings Bank Ofnew York on 1994-07-25. Show Details
    • Release dated 1994-07-25 between Emigrant Savings Bank and Benabi Realty Co. Show Details
    • Mortgage Agreement for $0.00 dated 1994-07-25 between Benny Jr. Caiola and Dime Savings Bank Ofnew York Show Details
    • Initial UCC1 dated 1994-07-22, Debtor: Benny Jr Caiola, Secured Party: Dime Savings Bank Ofnew York, FSB, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1987-06-04 between Emigrant Savings Bk and Benny Jr Indv Caiola & Benabi Realty Co Show Details
    • Mortgage Agreement for $0.00 dated 1987-06-04 between Emigrant Svgs Bk and Benny Jr Indv Caiola Show Details
    • Benny Jr Indv Caiola took a mortgage for $652,992.43 from Emigrant Savings Bk on 1986-12-26. Show Details
    • Mortgage Agreement for $0.00 dated 1986-12-26 between Emigrant Savings Bank and Benny Caiola Jr. Show Details
    • On 1986-12-26 a mortgage on this property was transferred from Manufacturers Han Trco to Emigrant Savings Bk. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1986-12-26. Parties: Caiola Jr. Benny, Emigrant Savings Bank Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1986-12-26. Parties: Benabi Rlty Co, Manufacturers Hanv Tr Co Show Details
    • Benabi Realty Co sold this property to Benny Jr Caiola for $0.00 on 1986-10-31. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1983-06-03. Parties: Benabi Realty Co. Show Details
    • Abi Kalimian sold this property to Benabi Realty Co for $0.00 on 1977-12-01. Show Details
    • Attaollah Kaliman sold this property to Abi Kalimian for $0.00 on 1977-10-12. Show Details
    • 40Th St Lexington Ave sold this property to Ataoliah Kalimian for $0.00 on 1977-09-22. Show Details
    • Charlotte Glaser & Parlex Company sold this property to 40Th St & Lexingtonave for $0.00 on 1977-07-25. Show Details
    • Monatch Realty Corp sold this property to Parlex Company for $0.00 on 1972-05-01. Show Details
    • Monatch Realty Corp took a mortgage for $0.00 from Greenwich Savings Bank on 1972-05-01. Show Details
    • On 1972-05-01 a mortgage on this property was transferred from Jack Kaplan to Greenwich Savings Bank. Show Details
    • Parlex Company sold this property to Manatch Realty Corp for $0.00 on 1972-05-01. Show Details
    • Harmund Realty Corp sold this property to Parlex Co for $0.00 on 1966-02-21. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Dec. 21, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: 114-116 East 40Th Street, Llc, 45 Cuttermill Road #1, Great Neck, NY 11021
    • Managing Agent: Ad Real Estate Investors Inc, Adam Daniels, 45 Cuttermill Road #1, Great Neck, NY 11021
    • Head Officer: Adam Daniels, 45 Cuttermill Road #1, Great Neck, NY 11021
    • Officer: Aaron Daniels, 45 Cutttermill Road #1, Great Neck, NY 11021
    • Site Manager: Daniel Doyle,

    Building Tips

    Lot

    Address
    114 E 40th St, 10016
    Square Footage
    3,950
    Lot Type
    Inside
    Dimensions
    40.0ft x 98.75ft
    BBL
    1008950082

    Neighborhood

    Neighborhood
    Murray Hill
    Historic District
    N/A
    Community District
    06
    City Council
    4
    Police Precinct
    17
    Fire Company
    E021
    School District
    2
    Census Tract
    80

    Zoning

    Zoning District
    C5-2.5
    Commercial Overlay
    N/A
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    2
    MV Land
    $1,300,000
    MV Total
    $5,312,000
    AV Land
    $585,000
    AV Total
    $2,390,400

    Floor Area Ratio

    Built FAR
    6.63

    Residential
    Zoned FAR 10.0
    Max 39,500.0 sq. ft.
    Remaining 13,322.0 sq. ft.

    Commercial
    Zoned FAR 12.0
    Max 47,400.0 sq. ft.
    Remaining 21,222.0 sq. ft.

    Facility
    Zoned FAR 12.0
    Max 47,400.0 sq. ft.
    Remaining 21,222.0 sq. ft.

    Building

    Category
    Elevator Apartments
    Class
    Elevator Apt; Miscellaneous
    Land Use
    Multi-Family Elevator Buildings
    Buildings
    1
    Year Built
    1925
    Alterations
    N/A
    Floors
    9.0
    Residential Units
    35
    Total Units
    37
    Floor Area
    26178
    Basement
    Full Basement Above Grade
    Proximity
    Attached

    Crime

    This property is located in the 17th Precinct of Manhattan.

    Property Crime

    High
    In 2015 the 17th Precinct saw 1014 felony property crimes (Burglary, Grand Larceny and Grand Larceny of Motor Vehicle) committed per 100,000 residents**. This is lower then the borough's property crime rate, which was 1219 over the same period.

    Violent Crime

    Very low
    In 2015 the 17th Precinct saw 158 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