116 Central Park South #COMM

Built in 1950 this 91,075 sq.ft. building is 86% Residential, 9% Office Space, 5% Other and contains 79 residential units and 1 non-residential units.

This property is currently Off Market.

    Transit

    • 57th St Route F 3 Minute walk, 0.1 Miles
    • 59th St Route ARoute BRoute CRoute DRoute 1 6 Minute walk, 0.3 Miles
    • 7th Av Route BRoute DRoute E 9 Minute walk, 0.5 Miles
    • 59th St Route NRoute QRoute RRoute 4Route 5Route 6 10 Minute walk, 0.5 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute MRoute 7 11 Minute walk, 0.6 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 19 Minute walk, 1.0 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 20 Minute walk, 1.0 Miles

    Schools

    • Elementary School

      • P.S. 111 Adolph S. Ochs
        • Grades: PK,0K,01,02,03,04,05,08,SE
        • Principal: Edward Gilligan
        • Phone: 212-582-7420
        • Address: 440 West 53 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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    • Amended Condo Declaration (Other Documents) was filed on 2016-03-11. Parties: 116 Central Park South Condominium Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2016-02-18. Parties: Ltd Park House Partners, New York Community Bank Show Details
    • Mortgage Agreement for $1,500,000.00 dated 2015-10-14 between Ltd. Park House Partners and New York Community Bank Show Details
    • Initial UCC1 dated 2011-04-26, Debtor: Ltd Park House Partners, Secured Party: New York Community Bank, Assignee: Show Details
    • UCC3 Termination dated 2011-04-26, Debtor: Ltd Park House Partners, Secured Party: M & T Real Estate Trust, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2011-04-26. Parties: M & T Real Estate Trust Show Details
    • An Assignment of Leases and Rents was granted to Ltd Park House Partners by New York Community Bank or 2011-04-07 Show Details
    • Mortgage Agreement for $1,500,000.00 dated 2011-04-07 between Ltd Park House Partners and New York Community Bank Show Details
    • On 2011-04-06 a mortgage on this property was transferred from M & T Real Estate Trust to New York Community Bank. Show Details
    • Ltd Park House Partners took a mortgage for $462,680.21 from New York Community Bank on 2011-04-07. Show Details
    • Initial UCC1 dated 2010-11-03, Debtor: Ltd Park House Partners, Secured Party: M&T Real Estate Trust, Assignee: Show Details
    • Mortgage Agreement for $1,112,267.73 dated 2006-03-01 between Ltd. Park House Partners and M&T Real Estate Trust & Inc. F/K/A M&T Real Estate Show Details
    • Mortgage Agreement for $755,120.94 dated 1996-12-16 between Park House Partners Ltd and North Fork Bank & Bayside Federal Savings Bank & Bayside Federal Savings And Loan Association Show Details
    • Mortgage Agreement for $1,505,120.94 dated 1996-12-16 between Park House Partners Ltd and North Fork Bank & Bayside Federal Savings Bank & Bayside Federal Savings And Loan Association Show Details
    • On 2002-01-22 a mortgage on this property was transferred from Ltd. Park House Partners to Inc. M & T Real Estate. Show Details
    • Mortgage Agreement for $0.00 dated 2002-01-22 between Ltd Park House Partners and Inc. M & T Real Estate Show Details
    • On 2002-01-22 a mortgage on this property was transferred from North Fork Bank to Inc. M & T Real Estate. Show Details
    • Ltd. Park House Partners took a mortgage for $498,797.04 from Inc. M & T Real Estate on 2002-01-22. Show Details
    • Initial UCC1 dated 2002-01-11, Debtor: Ltd. Park House Partners, Secured Party: Inc. M & T Real Estate, Assignee: Show Details
    • A Miscellaneous legal document filed on 1999-06-30. Parties: 116 Central Park South Condominium Show Details
    • A Miscellaneous legal document filed on 1995-10-19. Parties: 116 Central Park South Condominium Show Details
    • Park House Partnersltd. took a mortgage for $300,000.00 from Arthur J.Jr. Calace on 1994-04-11. Show Details
    • Mortgage Agreement for $0.00 dated 1993-10-22 between Park House Partnersltd and Bayside Federal Sv Bk Show Details
    • Park House Partnersltd took a mortgage for $156,549.51 from Bayside Federal Sv Bk on 1993-04-09. Show Details
    • Declaration (Other Documents) was filed on 1990-04-27. Parties: Bayside Federal Svgsbk Show Details
    • Maps filed 1990-04-05 Show Details
    • Declaration (Other Documents) was filed on 1990-04-05. Parties: Park House Partnersltd Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Oct. 12, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: 116 Central Park South Condominiu, 116 Central Park South, New York, NY 10019
    • Managing Agent: Solstice Residential Group, Alex Kalajian, 257 Park Avenue South #303, New York, NY 10010
    • Head Officer: Richard Freedman, 116 Central Park South #11N, New York, NY 10019
    • Officer: Alex Kalajian, 257 Park Avenue South #303, New York, NY 10010
    • Site Manager: Martin Curanovic,

    Building Tips

    Lot

    Address
    116 Central Park South #COMM, 10019
    Square Footage
    13,512
    Lot Type
    Inside
    Dimensions
    25.0ft x 200.83ft
    BBL
    1010117503
    Condo Number
    696

    Neighborhood

    Neighborhood
    Central Park South
    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    18
    Fire Company
    E023
    School District
    2
    Census Tract
    137

    Zoning

    Zoning District
    C5-1
    Commercial Overlay
    N/A
    Split Zoning
    Yes
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $934,998
    MV Total
    $4,187,000
    AV Land
    $420,749
    AV Total
    $1,884,150

    Floor Area Ratio

    Built FAR
    6.74

    Residential
    Zoned FAR 10.0
    Max 135,120.0 sq. ft.
    Remaining 44,045.0 sq. ft.

    Commercial
    Zoned FAR 4.0
    Max 54,048.0 sq. ft.
    Remaining -37,027.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 135,120.0 sq. ft.
    Remaining 44,045.0 sq. ft.

    Building

    Condo Number
    696
    Category
    Condominiums
    Class
    Office Space
    Land Use
    Mixed Residential & Commercial Buildings
    Buildings
    1
    Year Built
    1950
    Alterations
    N/A
    Floors
    18.0
    Residential Units
    79
    Total Units
    80
    Floor Area
    91075
    Basement
    Unknown
    Proximity
    Unknown

    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