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

Built in 1928 and contains 0 residential units and 3 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

    Public Records

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    • UCC3 Termination dated 2016-04-20, Debtor: Mp Bedford Property LLC, Secured Party: Ab Commerical Real Estate Debt - B S.A R.L., Assignee: Show Details
    • UCC3 Termination dated 2016-04-20, Debtor: Mp Bedford Property LLC, Secured Party: Ab Commerical Real Estate Debt - B S.A R.L., Assignee: Show Details
    • UCC3 Termination dated 2016-04-20, Debtor: Mp Bedford Property LLC, Secured Party: Ab Commerical Real Estate Debt - B S.A R.L., Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-04-20. Parties: Ab Commerical Real Estate Debt - B S.A R.L., Mp Bedford Property LLC Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-04-20. Parties: Ab Commerical Real Estate Debt - B S.A R.L., Mp Bedford Property LLC Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-04-20. Parties: Ab Commerical Real Estate Debt - B S.A R.L., Mp Bedford Property LLC Show Details
    • Initial UCC1 dated 2016-04-20, Debtor: Mp Bedford Property LLC, Secured Party: Usa National Association Hsbc Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Mp Bedford Property LLC by Usa National Association Hsbc Bank or 2016-04-12 Show Details
    • Mortgage Agreement for $46,300,000.00 dated 2016-04-12 between Mp Bedford Property LLC and Usa National Association Hsbc Bank Show Details
    • Mp Bedford Property LLC took a mortgage for $7,800,000.00 from Usa National Association Hsbc Bank on 2016-04-12. Show Details
    • On 2016-04-12 a mortgage on this property was transferred from Ab Commercial Real Estate Debt - B S.A R.L. to Usa National Association Hsbc Bank. Show Details
    • On 2016-04-12 a mortgage on this property was transferred from Ab Commercial Real Estate Debt - B S.A R.L. to Usa National Association Hsbc Bank. Show Details
    • On 2016-04-12 a mortgage on this property was transferred from Ab Commercial Real Estate Debt - B S.A R.L. to Usa National Association Hsbc Bank. Show Details
    • Mortgage Agreement for $7,766,055.00 dated 2015-05-06 between Mp Bedford Property LLC and Ab Commercial Real Estate Debt - B.S.A R.L. Show Details
    • Mp Bedford Property LLC took a mortgage for $249,070.00 from Ab Commercial Real Estate Debt - B.S.A R.L. on 2015-05-06. Show Details
    • Mortgage Agreement for $23,685,677.00 dated 2015-05-06 between Mp Bedford Property LLC and Ab Commercial Real Estate Debt - B.S.A R.L. Show Details
    • Mp Bedford Property LLC took a mortgage for $3,750,930.00 from Ab Commercial Real Estate Debt - B.S.A R.L. on 2015-05-06. Show Details
    • An Assignment of Leases and Rents was granted to Mp Bedford Property LLC by Ab Commercial Real Estate Debt - B S.A R.L. or 2014-07-28 Show Details
    • Mp Bedford Property LLC took a mortgage for $7,516,985.00 from Ab Commercial Real Estate Debt - B S.A R.L. on 2014-07-28. Show Details
    • An Assignment of Leases and Rents was granted to Mp Bedford Property LLC by Ab Commercial Real Estate Debt - B S.A R.L. or 2014-07-28 Show Details
    • Mp Bedford Property LLC took a mortgage for $19,934,747.00 from Ab Commercial Real Estate Debt - B S.A R.L. on 2014-07-28. Show Details
    • Initial UCC1 dated 2014-08-07, Debtor: Mp Bedford Property LLC, Secured Party: Ab Commecial Real Estate Debt - B S.A R.L., Assignee: Show Details
    • Initial UCC1 dated 2014-08-07, Debtor: Mp Bedford Property LLC, Secured Party: Ab Commecial Real Estate Debt - B S.A R.L., Assignee: Show Details
    • Initial UCC1 dated 2014-08-07, Debtor: Mp Bedford Property LLC, Secured Party: Ab Commecial Real Estate Debt - B S.A R.L., Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Mp Bedford Property LLC by Ab Commecial Real Estate Debt - B S.A R.L. or 2014-07-28 Show Details
    • Mp Bedford Property LLC took a mortgage for $7,048,268.00 from Ab Commecial Real Estate Debt - B S.A R.L. on 2014-07-28. Show Details
    • Meadow Real Estate Fund Ii Lp sold this property to Mp Bedford Holdings Owner LLC for $0.00 on 2014-04-16. Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2014-03-04. Parties: Bedlock LLC & Bedford-Wcr LLC & Esther P. Evans L.L.C. & L.L.C. Alpert Holding & Jagendorf, LLC & Bedford-Wrand LLC, Mp Bedford Property LLC Show Details
    • William C Rand sold this property to Bedford-Wcr LLC for $0.00 on 2013-05-16. Show Details
    • William Rand sold this property to Bedford-Wrand LLC for $0.00 on 2012-12-21. Show Details
    • Ruth D Alpert sold this property to Alpert Holding, LLC for $0.00 on 2007-03-23. Show Details
    • Esther P Evans sold this property to Esther P. Evans, LLC for $0.00 on 2007-03-21. Show Details
    • sold this property to for $0.00 on 2006-12-26. Show Details
    • Richard F Read sold this property to Bedlock LLC for $0.00 on 2004-12-27. Show Details
    • Esther P. Asco-Executor Evans & Ruth D. As Co-Executor Alpert sold this property to Esther P. Evans & Ruth D. Alpert & Merna Jagendorf L/W/T Alpert for $0.00 on 1996-12-19. Show Details
    • Manhattan Eye Ear &Thorat Hospital sold this property to Andre T. Jagendorf for $0.00 on 1995-09-01. Show Details
    • Manhattan Eye Ear &Throat Hospital sold this property to Merna Alpert for $0.00 on 1995-09-19. Show Details
    • Manhattan Eye Ear &Throat Hospital sold this property to William C. Rand for $0.00 on 1995-09-19. Show Details
    • Manhattan Eye Ear &Throat Hospital sold this property to William Rand for $0.00 on 1995-09-19. Show Details
    • Dori Realty Corp sold this property to Moritz Aest/ Jagendofr & William Rand & Richardexec Read & Andre T.Adm Jagendorf & Veronica I.Est/ Sommer for $0.00 on 1990-06-05. Show Details
    • Richardexec. Read & Veronica I Lwt Sommer sold this property to Macdonald Jean Wright & Ear&Etc Manhattan Eye & Richard Read for $0.00 on 1990-06-01. Show Details
    • Jean Macdonald Wright sold this property to William C Rand & Georgia Read & Andre T Jagendorf & Richard Read & Merna Alpert for $0.00 on 1990-05-25. Show Details
    • A Miscellaneous legal document filed on 1987-12-09. Parties: Troy Savings Bank Show Details
    • 122 E 40Th St Corp & Javirand Corp Satisfied their Mortgage with Equitable Lf Assurncetc on 1987-12-09. Show Details
    • Moritz A.Est Jagendorf & Andre T.Adms Jagendorf sold this property to Andre T. Jagendorf & Merna Alpert for $0.00 on 1982-11-15. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1982-06-10. Parties: Dori Realty Corp. Show Details
    • Dori Realty Corp. sold this property to William Rand & Veronica I.Est/ Sommer & Moritz Est/Of Jagendorf for $0.00 on 1982-06-07. Show Details
    • On 1982-06-10 a mortgage on this property was transferred from Dori Realty Corp. to Troy Savings Bank. Show Details
    • Mortgage Agreement for $0.00 dated 1982-06-10 between Dori Realty Corp. and Troy Savings Bank Show Details
    • Veronica I.Decd Sommer & Richard Exec. Read sold this property to Dori Realty Corp. for $0.00 on 1982-06-03. Show Details
    • Richard Admin. Read & Svend Est/Of Sommer sold this property to Veronica I.Est/ Sommer for $0.00 on 1982-06-03. Show Details
    • Merna Alpert sold this property to Dori Realty Corp. for $0.00 on 1982-06-04. Show Details
    • A.T. Ind&Admn Jagendorf & Moritz Aest/ Jagendorf sold this property to Dori Realty Corp. for $0.00 on 1982-06-01. Show Details
    • William Rand sold this property to Dori Realty Corp. for $0.00 on 1982-06-01. Show Details
    • Eldred Realty Corp sold this property to William Jr Rand & Svend B Sommer & Moritz A Jagendorf for $0.00 on 1976-07-30. Show Details
    • William Jr Rand & Svend B Sommer & Moritz A Jagendorf sold this property to Eldred Realty Corp for $0.00 on 1976-07-29. Show Details
    • Mortgage Agreement for $0.00 dated 1975-04-09 between P & P Nominees, INC and Troy Savings Bank Show Details
    • P & P Nominees, INC sold this property to Mority A Jagendorf & William Rand & Svend B Sommer for $0.00 on 1974-09-05. Show Details
    • Mority A Jagendorf & William Rand & Svend B Sommer sold this property to P & P Nominees, INC for $0.00 on 1974-09-03. Show Details
    • Mortgage Agreement for $0.00 dated 1973-08-24 between P & P Nominees, INC and Troy Savings Bank Show Details
    • P & P Nominees, INC sold this property to Svend B Sommer & William Rand & Moritz A Jaqindoy for $0.00 on 1973-08-24. Show Details
    • Svend B Sommer & William Rand & Moritz A Jagendorf sold this property to P & P Nominees, INC for $0.00 on 1973-08-01. Show Details
    • Bedford Hotel Inc leased this property from Svend B Sommer & William Rand & Moritz A Jagendorf on 1969-03-13 Show Details
    • C C M P Corp sold this property to Svend B Sommer & Willaim Rand & Moritz A Jagendorf for $0.00 on 1968-05-24. Show Details
    • Mortgage Agreement for $0.00 dated 1968-05-22 between C C M P Corp and Troy Savings Bank Show Details
    • Svend B Sommer & William Rand & Moritz A Jagendorf sold this property to C C M P Corp for $0.00 on 1968-05-09. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on March 31, 2012 and the registration expires Sept. 15, 2013.

    • Managing Agent: Hyman Arbesfeld, 118 East 40 Street, New York City, NY 10016
    • Head Officer: William Rand, None , New York, NY 10036
    • Officer: Hyman Arbesfeld, 118 East 40 Street, New York City, NY 10016
    • Lessee: Bedford Hotel Inc, Hyman Arbesfeld (President), 118 East 40 Street, New York City, NY 10016

    Lot

    Address
    118 E 40th St, 10016
    Square Footage
    5,925
    Lot Type
    Inside
    Dimensions
    60.0ft x 98.75ft
    BBL
    1008950079

    Neighborhood

    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
    C5-3
    Commercial Overlay
    N/A
    Split Zoning
    Yes
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $7,990,000
    MV Total
    $21,730,000
    AV Land
    $3,595,500
    AV Total
    $9,778,500

    Floor Area Ratio

    Built FAR
    0.0

    Residential
    Zoned FAR 10.0
    Max 59,250.0 sq. ft.
    Remaining 59,250.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 88,875.0 sq. ft.
    Remaining 88,875.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 88,875.0 sq. ft.
    Remaining 88,875.0 sq. ft.

    Building

    Category
    Hotels
    Class
    Hotel; Luxury Type Built After 1960
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1928
    Alterations
    N/A
    Floors
    16.0
    Residential Units
    0
    Total Units
    3
    Floor Area
    0
    Basement
    Full Basement Below Grade
    Proximity
    Semi-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