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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    • An Assignment of Leases and Rents was granted to 1248 Property LLC by Bank Of The Ozarks or 2016-05-05 Show Details
    • 1248 Property LLC took a mortgage for $3,750,000.00 from Bank Of The Ozarks on 2016-05-05. Show Details
    • Mortgage Agreement for $26,000,000.00 dated 2016-05-05 between 1248 Property LLC and Bank Of The Ozarks Show Details
    • Mortgage Agreement for $0.00 dated 2015-12-23 between Kh 48 LLC and 1248 Property LLC Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2016-03-15. Parties: 1248 Property LLC, 48Th Street Holding LLC Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2015-04-02. Parties: East 47Th Street, LLC, Columbus Bank And Trust Company Show Details
    • Initial UCC1 dated 2014-07-17, Debtor: 1248 Property LLC, Secured Party: Bank Of The Ozarks, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 1248 Property LLC by Bank Of The Ozarks or 2014-07-07 Show Details
    • Mortgage Agreement for $26,000,000.00 dated 2014-07-07 between Bank Of The Ozarks and 1248 Property LLC Show Details
    • 1248 Property LLC took a mortgage for $8,000,000.00 from Bank Of The Ozarks on 2014-07-07. Show Details
    • Allro, LLC sold this property to 1248 Property LLC for $0.00 on 2014-07-07. Show Details
    • First Church Of Religious Science, New York, N.Y. sold this property to Allro, LLC for $17,500,000.00 on 2014-07-07. Show Details
    • Termination Of Lease Or Memo (Other Documents) was filed on 2014-07-17. Parties: First Church Of Religious Science, East 47Th Street, LLC Show Details
    • A Miscellaneous legal document filed on 2014-07-17. Parties: East 47Th/48Th Street Funding LLC & East 47Th Street LLC 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
    • East 47Th Street, LLC sold this property to 1248 Property LLC for $18,500,000.00 on 2014-07-07. Show Details
    • UCC3 Termination dated 2014-07-15, Debtor: East 47Th Street, LLC, Secured Party: East 47Th Street Funding LLC, Assignee: Show Details
    • Initial UCC1 dated 2014-07-09, Debtor: East 47Th Street, LLC, Secured Party: East 47Th/48Th Street Funding LLC, Assignee: Show Details
    • A Miscellaneous legal document filed on 2014-07-09. Parties: East 47Th Street, LLC & East 47Th/48Th Street Funding LLC Show Details
    • East 47Th Street, LLC took a mortgage for $18,000,000.00 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. Parties: The Bank Of New York Mellon Show Details
    • Discharge Of Tax Lien (Other Documents) was filed on 2014-07-09. Parties: The Bank Of New York Mellon Show Details
    • East 47Th Street, LLC Satisfied their Mortgage with Synovus Bank on 2013-12-23. Show Details
    • East 47Th Street, LLC Satisfied their Mortgage with Synovus Bank on 2013-12-23. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2014-07-09. Parties: Synovus Bank Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2014-07-09. Parties: Synovus Bank Show Details
    • UCC3 Termination dated 2014-07-01, Debtor: East 47Th Street, LLC, Secured Party: Bank Of North Georgia, Assignee: Show Details
    • UCC3 Termination dated 2014-07-01, Debtor: East 47Th Street, LLC, Secured Party: Bank Of North Georgia, Assignee: Show Details
    • Tax Lien Sale Certificate (Other Documents) was filed on 2012-08-28. Parties: City Of New York, Bank Of New York Show Details
    • Tax Lien Sale Certificate (Other Documents) was filed on 2011-11-23. Parties: City Of New York, Bank Of New York Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2011-05-16. Parties: East 47Th Street, LLC, Bank Of North Ga Div Synovus Bank Show Details
    • First Church Of Religious Science sold this property to East 47Th Street, LLC for $0.00 on 2008-07-17. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2009-06-05. Parties: East 47Th Street, LLC, Bank Of North Georgia Show Details
    • Mortgage Agreement for $0.00 dated 2009-05-07 between East 47Th Street, LLC and Bank Of North Georgia Show Details
    • Mortgage Agreement for $0.00 dated 2009-05-07 between East 47Th Street, LLC and Bank Of North Georgia Show Details
    • Mortgage Agreement for $7,800,000.00 dated 2008-10-15 between East 47Th Street, LLC and Bank Of North Georgia & Clark Butler & Northside Guaranty, LLC Show Details
    • Mortgage Agreement for $6,900,000.00 dated 2008-10-15 between East 47Th Street, LLC and Bank Of North Georgia & Clark Butler & Northside Guaranty, LLC Show Details
    • Mortgage Agreement for $6,900,000.00 dated 2008-08-27 between East 47Th Street, LLC and Bank Of North Georgia Show Details
    • New York First Church Of Religious Science Satisfied their Mortgage with Phoenix Mutual Life Insurance Company on 1981-07-24. Show Details
    • Mortgage Agreement for $7,800,000.00 dated 2008-04-25 between East 47Th Street, LLC and Bank Of North Georgia Show Details
    • Mortgage Agreement for $1,000,000.00 dated 2008-04-25 between East 47Th Street, LLC and Bank Of North Georgia Show Details
    • An Assignment of Leases and Rents was granted to East 47Th Street, LLC by Bank Of North Georgia or 2008-01-31 Show Details
    • East 47Th Street, LLC took a mortgage for $6,900,000.00 from Bank Of North Georgia on 2008-01-31. Show Details
    • East 47Th Street, LLC took a mortgage for $7,800,000.00 from Bank Of North Georgia on 2008-01-31. Show Details
    • Initial UCC1 dated 2008-02-06, Debtor: East 47Th Street, LLC, Secured Party: Bank Of North Georgia, Assignee: Show Details
    • East 47Th Street, LLC took a mortgage for $6,900,000.00 from Bank Of North Georgia on 2008-01-31. Show Details
    • Inc. The Christophers sold this property to East 47Th Street, LLC for $9,206,511.00 on 2008-01-31. Show Details
    • Mortgage Agreement for $7,800,000.00 dated 2007-08-22 between East 47Th Street, LLC and Bank Of North Georgia Show Details
    • An Assignment of Leases and Rents was granted to East 47Th Street, LLC by Bank Of North Georgia or 2007-08-23 Show Details
    • Mortgage Agreement for $1,000,000.00 dated 2007-08-23 between East 47Th Street, LLC and Bank Of North Georgia Show Details
    • East 47Th Street, LLC took a mortgage for $500,000.00 from Bank Of North Georgia on 2007-08-23. Show Details
    • East 47Th Street, LLC took a mortgage for $500,000.00 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. Parties: N/K/A New York Community Bank & Queens County Savings Bank, 13 East 47Th Street Corp. Show Details
    • An Assignment of Leases and Rents was granted to by or 2006-08-22 Show Details
    • Mortgage Agreement for $7,800,000.00 dated 2006-08-22 between East 47Th Street, LLC and Bank Of North Georgia Show Details
    • East 47Th Street, LLC took a mortgage for $6,996,852.69 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
    • 13 East 47Th Street Corp. sold this property to East 47Th Street, LLC for $10,400,000.00 on 2006-08-22. Show Details
    • UCC3 Termination dated 2006-08-28, Debtor: 13 East 47Th Street Corp, Secured Party: New York Community Bank, Assignee: Show Details
    • Initial UCC1 dated 2006-08-28, Debtor: East 47Th Street, LLC, Secured Party: Bank Of North Georgia, Assignee: Show Details
    • Initial UCC1 dated 2003-06-09, Debtor: 13 E 47 St Corp, Secured Party: Nycb, Assignee: Show Details
    • 13 East 47Th Streetcorp. took a mortgage for $475,379.41 from Queens County Savings Bank on 2000-01-21. Show Details
    • Mortgage Agreement for $0.00 dated 2000-01-21 between Queens County Savings Bank and 13 East 47Th Streetcorp. 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. Parties: 13 East 47Th St Corp, Queens County Svgs Bank 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
    • 13 East 47Th Stcorp took a mortgage for $414,363.30 from Queens County Savings Bk on 1989-07-28. Show Details
    • Lester A. Epstein Satisfied their Mortgage with Vilainea Corporation 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
    • Lester A Epstein sold this property to 13 East 47Th St Corp for $0.00 on 1975-06-11. Show Details
    • Mortgage Agreement for $0.00 dated 1973-12-05 between Bergdum West Corp and American Svngs Bnk Show Details
    • Bergdum West Corp sold this property to Lester A Epstein for $0.00 on 1973-12-03. Show Details
    • Lester A Epstein sold this property to Bergdum West Corp 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
    • Epstein Lester A. took a mortgage for $0.00 from Vilainca Corp on 1971-06-25. Show Details
    • Vilainca Corp sold this property to Epstein Lester A. 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

    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