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

Built in 1910 this 9,398 sq.ft. building is 80% Office Space, 20% Retail and contains 0 residential units and 9 non-residential units.

This property is currently Off Market.

    Transit

    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute M 5 Minute walk, 0.2 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute MRoute 7 6 Minute walk, 0.3 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 7 Minute walk, 0.4 Miles
    • 49th St Route NRoute QRoute R 9 Minute walk, 0.5 Miles
    • 50th St Route 1 10 Minute walk, 0.5 Miles
    • 50th St Route CRoute E 13 Minute walk, 0.7 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 14 Minute walk, 0.7 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 2017-01-06, Secured Party: Midland National Life Insurance Company Show Details
    • Initial UCC1 dated 2017-01-06, Secured Party: Midland National Life Insurance Company Show Details
    • Initial UCC1 dated 2017-01-06, Secured Party: Midland National Life Insurance Company Show Details
    • An Assignment of Leases and Rents was filed on 2016-12-30 Show Details
    • A $15,420,520.00 mortgage was taken from Midland National Life Insurance Company on 2016-12-30. Show Details
    • A $55,306,550.00 mortgage was taken from Midland National Life Insurance Company on 2016-12-30. Show Details
    • A mortgage agreement for $29,743,430.00 was filed on 2016-12-30 Show Details
    • This property was sold for $84,250,000.00 on 2016-12-30. Show Details
    • UCC3 Termination dated 2017-01-06, Secured Party: Bank Of The Ozarks, Assignee: Show Details
    • UCC3 Termination dated 2017-01-06, Secured Party: Bank Of The Ozarks, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2017-01-06. Show Details
    • On 2016-12-30 a mortgage on this property was transferred from Bank Of The Ozarks to Midland National Life Insurance Company. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2017-01-06. Show Details
    • On 2016-12-30 a mortgage on this property was transferred from Bank Of The Ozarks to Midland National Life Insurance Company. Show Details
    • A mortgage agreement for $5,836,968.75 was filed on 2016-12-30 Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2017-01-06. Show Details
    • Zoning Lot Description (Other Documents) was filed on 2017-01-06. Show Details
    • Certificate (Other Documents) was filed on 2017-01-06. Show Details
    • A Miscellaneous legal document filed on 2017-01-06. Show Details
    • An Assignment of Leases and Rents was filed on 2016-05-05 Show Details
    • A $3,750,000.00 mortgage was taken from Bank Of The Ozarks on 2016-05-05. Show Details
    • A mortgage agreement for $26,000,000.00 was filed on 2016-05-05 Show Details
    • A mortgage agreement for $0.00 was filed on 2015-12-23 Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2016-03-15. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2015-04-02. Show Details
    • Initial UCC1 dated 2014-07-17, Secured Party: Bank Of The Ozarks Show Details
    • An Assignment of Leases and Rents was filed on 2014-07-07 Show Details
    • A mortgage agreement for $26,000,000.00 was filed on 2014-07-07 Show Details
    • A $8,000,000.00 mortgage was taken from Bank Of The Ozarks on 2014-07-07. Show Details
    • This property was sold for $0.00 on 2014-07-07. Show Details
    • This property was sold for $17,500,000.00 on 2014-07-07. Show Details
    • Termination Of Lease Or Memo (Other Documents) was filed on 2014-07-17. Show Details
    • A Miscellaneous legal document filed on 2014-07-17. Show Details
    • On 2014-07-07 a mortgage on this property was transferred from East 47Th/48Th Street Funding LLC to Bank Of The Ozarks. Show Details
    • This property was sold for $18,500,000.00 on 2014-07-07. Show Details
    • UCC3 Termination dated 2014-07-15, Secured Party: East 47Th Street Funding LLC, Assignee: Show Details
    • Initial UCC1 dated 2014-07-09, Secured Party: East 47Th/48Th Street Funding LLC Show Details
    • A Miscellaneous legal document filed on 2014-07-09. Show Details
    • A $18,000,000.00 mortgage was taken from East 47Th/48Th Street Funding LLC on 2014-06-23. Show Details
    • Discharge Of Tax Lien (Other Documents) was filed on 2014-07-09. Show Details
    • Discharge Of Tax Lien (Other Documents) was filed on 2014-07-09. Show Details
    • A mortgage with Synovus Bank was satisfied on 2013-12-23. Show Details
    • A mortgage with Synovus Bank was satisfied on 2013-12-23. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2014-07-09. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2014-07-09. Show Details
    • UCC3 Termination dated 2014-07-01, Secured Party: Bank Of North Georgia, Assignee: Show Details
    • UCC3 Termination dated 2014-07-01, Secured Party: Bank Of North Georgia, Assignee: Show Details
    • Tax Lien Sale Certificate (Other Documents) was filed on 2012-08-28. Show Details
    • Tax Lien Sale Certificate (Other Documents) was filed on 2011-11-23. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2011-05-16. Show Details
    • This property was sold for $0.00 on 2008-07-17. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2009-06-05. Show Details
    • A mortgage agreement for $0.00 was filed on 2009-05-07 Show Details
    • A mortgage agreement for $0.00 was filed on 2009-05-07 Show Details
    • A mortgage agreement for $7,800,000.00 was filed on 2008-10-15 Show Details
    • A mortgage agreement for $6,900,000.00 was filed on 2008-10-15 Show Details
    • A mortgage agreement for $6,900,000.00 was filed on 2008-08-27 Show Details
    • A mortgage with Phoenix Mutual Life Insurance Company was satisfied on 1981-07-24. Show Details
    • A mortgage agreement for $7,800,000.00 was filed on 2008-04-25 Show Details
    • A mortgage agreement for $1,000,000.00 was filed on 2008-04-25 Show Details
    • An Assignment of Leases and Rents was filed on 2008-01-31 Show Details
    • A $6,900,000.00 mortgage was taken from Bank Of North Georgia on 2008-01-31. Show Details
    • A $7,800,000.00 mortgage was taken from Bank Of North Georgia on 2008-01-31. Show Details
    • Initial UCC1 dated 2008-02-06, Secured Party: Bank Of North Georgia Show Details
    • A $6,900,000.00 mortgage was taken from Bank Of North Georgia on 2008-01-31. Show Details
    • This property was sold for $9,206,511.00 on 2008-01-31. Show Details
    • A mortgage agreement for $7,800,000.00 was filed on 2007-08-22 Show Details
    • An Assignment of Leases and Rents was filed on 2007-08-23 Show Details
    • A mortgage agreement for $1,000,000.00 was filed on 2007-08-23 Show Details
    • A $500,000.00 mortgage was taken from Bank Of North Georgia on 2007-08-23. Show Details
    • A $500,000.00 mortgage was taken from Bank Of North Georgia on 2006-11-21. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-09-08. Show Details
    • An Assignment of Leases and Rents was filed on 2006-08-22 Show Details
    • A mortgage agreement for $7,800,000.00 was filed on 2006-08-22 Show Details
    • A $6,996,852.69 mortgage was taken from Bank Of North Georgia on 2006-08-22. Show Details
    • On 2006-08-16 a mortgage on this property was transferred from New York Community Bank & F/K/A Queens County Savings Bank to Bank Of North Georgia. Show Details
    • This property was sold for $10,400,000.00 on 2006-08-22. Show Details
    • UCC3 Termination dated 2006-08-28, Secured Party: New York Community Bank, Assignee: Show Details
    • Initial UCC1 dated 2006-08-28, Secured Party: Bank Of North Georgia Show Details
    • Initial UCC1 dated 2003-06-09, Secured Party: Nycb Show Details
    • A $475,379.41 mortgage was taken from Queens County Savings Bank on 2000-01-21. Show Details
    • A mortgage agreement for $0.00 was filed on 2000-01-21 Show Details
    • On 1989-10-26 a mortgage on this property was transferred from American Savings Bank to Queens County Savings Bk. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1989-08-31. Show Details
    • On 1989-07-28 a mortgage on this property was transferred from 13 East 47 St Corp to Queens County Svgs Bk. Show Details
    • A $414,363.30 mortgage was taken from Queens County Savings Bk on 1989-07-28. Show Details
    • A mortgage with Vilainea Corporation was satisfied on 1989-07-28. Show Details
    • On 1978-10-27 a mortgage on this property was transferred from Yodo Restrnt Of Japan to Taroco Cptl Corp. Show Details
    • This property was sold for $0.00 on 1975-06-11. Show Details
    • A mortgage agreement for $0.00 was filed on 1973-12-05 Show Details
    • This property was sold for $0.00 on 1973-12-03. Show Details
    • This property was sold for $0.00 on 1973-11-02. Show Details
    • On 1972-06-26 a mortgage on this property was transferred from George Aczel to N V Of Herengradt & Maatschappy Voor Etal. Show Details
    • On 1972-02-10 a mortgage on this property was transferred from Vilainca Corp to George Aczel. Show Details
    • A $0.00 mortgage was taken from Vilainca Corp on 1971-06-25. Show Details
    • This property was sold for $0.00 on 1971-06-25. Show Details

    Lot

    Address
    12 E 48th St, 10017
    Square Footage
    2,510
    Lot Type
    Inside
    Dimensions
    25.0ft x 100.42ft
    BBL
    1012830011

    Neighborhood

    Neighborhood
    Midtown
    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    18
    Fire Company
    L004
    School District
    2
    Census Tract
    94

    Zoning

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

    Assessment

    Tax Class
    4
    MV Land
    $964,000
    MV Total
    $1,332,853
    AV Land
    $433,800
    AV Total
    $599,784

    Floor Area Ratio

    Built FAR
    3.74

    Residential
    Zoned FAR 10.0
    Max 25,100.0 sq. ft.
    Remaining 15,702.0 sq. ft.

    Commercial
    Zoned FAR 12.0
    Max 30,120.0 sq. ft.
    Remaining 20,722.0 sq. ft.

    Facility
    Zoned FAR 12.0
    Max 30,120.0 sq. ft.
    Remaining 20,722.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Semi-Fireproof
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1910
    Alterations
    N/A
    Floors
    5.0
    Residential Units
    0
    Total Units
    9
    Floor Area
    9398
    Basement
    Full Basement Below Grade
    Proximity
    Attached

    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