12 E 53rd St
Midtown
New York, NY, 10022

Built in 1930 this 18,934 sq.ft. building is 87% Office Space, 13% Retail and contains 0 residential units and 7 non-residential units.

This property is currently Off Market.

    Transit

    • 5th Av-53rd St Route ERoute M 1 Minute walk, 0.0 Miles
    • Lexington Av-53rd St Route ERoute MRoute 6 5 Minute walk, 0.3 Miles
    • 57th St Route F 7 Minute walk, 0.4 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute M 8 Minute walk, 0.4 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute MRoute 7 9 Minute walk, 0.5 Miles
    • 59th St Route NRoute QRoute RRoute 4Route 5Route 6 10 Minute walk, 0.5 Miles
    • 50th St Route 1 11 Minute walk, 0.6 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 12 Minute walk, 0.6 Miles
    • 50th St Route CRoute E 14 Minute walk, 0.7 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 18 Minute walk, 0.9 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 19 Minute walk, 1.0 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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    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2011-09-01. Parties: The Prudenttial Insurance Company Of American & Metropolitan Life Insurance Company & New York Life Insurance Company, Bp/Cgcenter Ii LLC & Bp/Cgcenter I LLC & Bp 510 Madison Ave LLC Show Details
    • On 2011-08-16 a mortgage on this property was transferred from N.A. Bank Of America to The Prudenttial Insurance Company Of American & Metropolitan Life Insurance Company & New York Life Insurance Company. Show Details
    • UCC3 Termination dated 2011-08-30, Debtor: Bp 510 Madison Ave LLC, Secured Party: N.A. Bank Of America, Assignee: Show Details
    • Mortgage Agreement for $3,000,000.00 dated 2010-07-14 between Inc. Laboratory Institute Of Merchandising & Inc. The Laboratory Institute Of Merchandising and N.A. Citibank Show Details
    • Correction Doc-Office Use Only (Other Documents) was filed on 2010-10-18. Parties: Bp 510 Madison Ave LLC, Bank Of America, NA Show Details
    • UCC3 Termination dated 2010-09-29, Debtor: 53Rd Street And Madison Tower Development, LLC, Secured Party: 510 Funding LLC, Assignee: Show Details
    • UCC3 Termination dated 2010-09-29, Debtor: 53Rd Street And Madison Tower Development, LLC, Secured Party: 510 Funding LLC, Assignee: Show Details
    • UCC3 Termination dated 2010-09-29, Debtor: 53Rd Street And Madison Tower Development, LLC, Secured Party: 510 Funding LLC, Assignee: Show Details
    • Release dated 2010-09-15 between 53Rd Street And Madison Tower Development LLC and 510 Funding LLC Show Details
    • Initial UCC1 dated 2010-09-29, Debtor: Bp 510 Madison Ave LLC, Secured Party: N.A. Bank Of America, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Bp 510 Madison Ave LLC by N.A. Bank Of America or 2010-09-24 Show Details
    • Mortgage Agreement for $267,500,000.00 dated 2010-09-24 between Bp 510 Madison Ave LLC and N.A. Bank Of America Show Details
    • On 2010-09-24 a mortgage on this property was transferred from 510 Funding LLC to N.A. Bank Of America. Show Details
    • On 2010-09-24 a mortgage on this property was transferred from 510 Funding LLC to N.A. Bank Of America. Show Details
    • On 2010-09-24 a mortgage on this property was transferred from 510 Funding LLC to N.A. Bank Of America. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2009-12-14. Parties: 53Rd Street And Madison Tower Development, LLC, The Union Labor Life Insurance Company, 510 Loan Funding LLC Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2009-12-14. Parties: 53Rd Street And Madison Tower Development, LLC, The Union Labor Life Insurance Company, 510 Loan Funding LLC Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2009-12-14. Parties: 53Rd Street And Madison Tower Development, LLC, The Union Labor Life Insurance Company, 510 Loan Funding LLC- Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2009-12-14. Parties: Union Labor Life Insurance Company, 510 Loan Funding LLC Show Details
    • On 2009-12-09 a mortgage on this property was transferred from Union Labor Life Insurance Company to 510 Loan Funding LLC. Show Details
    • On 2009-12-09 a mortgage on this property was transferred from Union Labor Life Insurance Company to 510 Loan Funding LLC. Show Details
    • On 2009-12-09 a mortgage on this property was transferred from Union Labor Life Insurance Company to 510 Loan Funding LLC. Show Details
    • UCC3 Termination dated 2008-08-25, Debtor: The Laboratory Institute Of Merchandising, Inc.,, Secured Party: N.A. Citibank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2008-08-25. Parties: N.A. Citibank Show Details
    • Subordination Of Mortgage (Mortgages & Instruments) was filed on 2008-08-25. Parties: N.A. Citibank, N.A. Citibank Show Details
    • Initial UCC1 dated 2008-08-25, Debtor: Inc. Laboratory Institute Of Merchandising & Inc. The Laboratory Institute Of Merchandising, Secured Party: N.A. Citibank, Assignee: Show Details
    • Mortgage Agreement for $2,000,000.00 dated 2008-08-15 between Inc. Laboratory Institute Of Merchandising & Inc. The Laboratory Institute Of Merchandising and N.A. Citibank Show Details
    • An Assignment of Leases and Rents was granted to Inc. Laboratory Institute Of Merchandising & Inc. The Laboratory Institute Of Merchandising by N.A. Citibank or 2008-08-15 Show Details
    • Mortgage Agreement for $13,000,000.00 dated 2008-08-15 between Inc. Laboratory Institute Of Merchandising & Inc. The Laboratory Institute Of Merchandising and N.A. Citibank Show Details
    • Inc. Laboratory Institute Of Merchandising & Inc. The Laboratory Institute Of Merchandising took a mortgage for $4,242,785.11 from N.A. Citibank on 2008-08-15. Show Details
    • UCC3 Termination dated 2008-03-03, Debtor: 53Rd Street And Madison Tower Development LLC, Secured Party: Deutsche Bank Ag, New York Branch, As Administrati, Assignee: Show Details
    • Initial UCC1 dated 2008-03-03, Debtor: 53Rd Street And Madison Tower Development, LLC, Secured Party: The Union Labor Life Insurance Company, Assignee: Show Details
    • Initial UCC1 dated 2008-03-03, Debtor: 53Rd Street And Madison Tower Development, LLC, Secured Party: The Union Labor Life Insurance Company, Assignee: Show Details
    • Initial UCC1 dated 2008-03-03, Debtor: 53Rd Street And Madison Tower Development, LLC, Secured Party: The Union Labor Life Insurance Company, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 53Rd Street And Madison Tower Development LLC by The Union Labor Life Insurance Company or 2008-02-21 Show Details
    • 53Rd Street And Madison Tower Development LLC took a mortgage for $62,495,386.00 from The Union Labor Life Insurance Company on 2008-02-21. Show Details
    • 53Rd Street And Madison Tower Development LLC took a mortgage for $90,304,614.00 from The Union Labor Life Insurance Company on 2008-02-21. Show Details
    • 53Rd Street And Madison Tower Development LLC took a mortgage for $114,700,000.00 from The Union Labor Life Insurance Company on 2008-02-21. Show Details
    • On 2008-02-21 a mortgage on this property was transferred from New York Branch Deutsche Bank Ag to The Union Labor Life Insurance Company. Show Details
    • On 2008-02-21 a mortgage on this property was transferred from New York Branch Deutsche Bank Ag to The Union Labor Life Insurance Company. Show Details
    • Mortgage Spreader Agreement (Mortgages & Instruments) was filed on 2008-02-21. Parties: Palw LLC & 53Rd Street And Madison Tower Development LLC, New York Branch Deutsche Bank As Show Details
    • Mortgage Spreader Agreement (Mortgages & Instruments) was filed on 2008-02-21. Parties: Palw LLC & 53Rd Street And Madison Tower Development LLC, New York Branch Deutsche Bank As Show Details
    • A Miscellaneous legal document filed on 2008-02-21. Parties: Palw LLC Show Details
    • A Miscellaneous legal document filed on 2008-02-21. Parties: Deutsche Bank, Ag, Ny Branch Show Details
    • A Miscellaneous legal document filed on 2008-02-21. Parties: N.A. Citibank Show Details
    • Development Rights (Deeds And Other Conveyances) was filed on 2008-02-21. Parties: Inc. The Laboratory Institute Of Merchandising, 53Rd Street And Madison Tower Development LLC Show Details
    • Certificate (Other Documents) was filed on 2008-02-21. Parties: Counsel Abstract, INC Show Details
    • An Assignment of Leases and Rents was granted to Palw LLC & 53Rd Street And Madison Tower Development LLC by New York Branch Deutsche Bank Ag or 2007-07-16 Show Details
    • Palw LLC & 53Rd Street And Madison Tower Development LLC took a mortgage for $34,200,000.00 from New York Branch Deutsche Bank Ag on 2007-07-16. Show Details
    • Initial UCC1 dated 2007-07-26, Debtor: 53Rd Street And Madison Tower Development LLC, Secured Party: Deutsche Bank Ag, New York Branch, As Administrati, Assignee: Show Details
    • Zoning Lot Description (Other Documents) was filed on 2007-01-10. Parties: 53Rd Street And Madison Tower Development LLC Show Details
    • Declaration (Other Documents) was filed on 2006-11-24. Parties: Deutsche Bank Ag Show Details
    • Declaration (Other Documents) was filed on 2006-11-24. Parties: Palw LLC Show Details
    • Declaration (Other Documents) was filed on 2006-11-24. Parties: N.A. Citibank Show Details
    • Development Rights (Deeds And Other Conveyances) was filed on 2006-11-24. Parties: Inc. The Laboratory Institute Of Merchandising, 53Rd Street And Madison Tower Development LLC Show Details
    • Declaration (Other Documents) was filed on 2006-11-24. Parties: The Laboratory Institute Of Merchandising, INC, 53Rd Street And Madison Tower Development LLC Show Details
    • Certificate (Other Documents) was filed on 2006-11-24. Parties: Inc. Counsel Abstract Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-06-21. Parties: Laboratory Institute Of Merchandising, Inc., & The Laboratory Institute Of Merchandising, Inc.,, N.A. Citibank Show Details
    • An Assignment of Leases and Rents was granted to N.A. Citibank by Laboratory Institute Of Merchandising, Inc., & The Laboratory Institute Of Merchandising, Inc., or 2006-05-17 Show Details
    • Laboratory Institute Of Merchandising, Inc., & The Laboratory Institute Of Merchandising, Inc., took a mortgage for $3,000,000.00 from N.A. Citibank on 2006-05-17. Show Details
    • An Assignment of Leases and Rents was granted to N.A. Citibank by Laboratory Institute Of Merchandising, Inc., & The Laboratory Institute Of Merchandising, Inc., or 2006-05-17 Show Details
    • Mortgage Agreement for $9,000,000.00 dated 2006-05-17 between Laboratory Institute Of Merchandising, Inc., & The Laboratory Institute Of Merchandising, Inc., and N.A. Citibank Show Details
    • Laboratory Institute Of Merchandising, Inc., & The Laboratory Institute Of Merchandising, Inc., took a mortgage for $7,205,919.05 from N.A. Citibank on 2006-05-17. Show Details
    • Inc. Laboratory Institute Of Merchandising & The Laboratory Institute Of Merchandising, Inc., Satisfied their Mortgage with N.A. Citibank on 2006-05-17. Show Details
    • Initial UCC1 dated 2006-05-26, Debtor: The Laboratory Institute Of Merchandising, Inc.,, Secured Party: N.A. Citibank, Assignee: Show Details
    • UCC3 Termination dated 2006-05-26, Debtor: Institute/Merchandising, Inc.,, Secured Party: N.A. Citibank, Assignee: Show Details
    • Mortgage Agreement for $1,500,000.00 dated 2004-03-17 between Inc. The Labratory Institute Of Merchandisiing and N.A. Citibank Show Details
    • Inc. The Laboratory Institute Of Merchandising took a mortgage for $1,500,000.00 from N.A. Citibank on 2003-02-06. Show Details
    • Initial UCC1 dated 2001-06-20, Debtor: Inc. Laboratory Institute/Merchandising, Secured Party: N.A. Citibank, Assignee: Show Details
    • On 2001-05-21 a mortgage on this property was transferred from Inc. Laboratory Institute/Merchandising & Inc. Laboratory Institure/Merchandising to Citibank, NA. Show Details
    • Inc. Laboratory Institute/Merchandising & Inc. Laboratory Instituteof Merchandising took a mortgage for $2,750,000.00 from Citibank, NA on 2001-05-21. Show Details
    • Inc. Laboratory Instituteof Merchandising Satisfied their Mortgage with Laboratory Instituteof Merchandising Fashion Etc. on 1996-02-02. Show Details
    • Laboratory Instituteetc Satisfied their Mortgage with Richmond Hill Svgs Bank on 1991-01-09. Show Details
    • Laboratory Instte Etal took a mortgage for $80,000.00 from Laboratory Inst Etal on 1990-12-24. Show Details
    • Laboratory Instituteetc Satisfied their Mortgage with American Svgs Bank & First National Citybank on 1985-12-09. Show Details
    • Laboratory Instituteetc took a mortgage for $145,000.00 from Richmond Hill Svgs Bk on 1985-11-18. Show Details
    • Mortgage Agreement for $0.00 dated 1981-01-13 between Laboratory Institutetal and American Savings Bank Show Details
    • Laboratory Inst Etal granted an easement to Olympia & York Etal on 1979-03-07. Show Details
    • Laboratory Inst Etal took a mortgage for $0.00 from American Svngs Bnk on 1975-09-18. Show Details
    • On 1975-09-18 a mortgage on this property was transferred from First Natnl City Bnk to American Svngs Bnk. Show Details
    • Mortgage Agreement for $0.00 dated 1975-09-18 between Laboratory Inst Etal and American Svngs Bnk Show Details

    Lot

    Address
    12 E 53rd St, 10022
    Square Footage
    4,250
    Lot Type
    Inside
    Dimensions
    37.5ft x 119.42ft
    BBL
    1012880063

    Neighborhood

    Neighborhood
    Midtown
    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    18
    Fire Company
    E023
    School District
    2
    Census Tract
    102

    Zoning

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

    Assessment

    Tax Class
    4
    MV Land
    $1,540,000
    MV Total
    $4,372,000
    AV Land
    $693,000
    AV Total
    $1,967,400

    Floor Area Ratio

    Built FAR
    4.46

    Residential
    Zoned FAR 10.0
    Max 42,500.0 sq. ft.
    Remaining 23,566.0 sq. ft.

    Commercial
    Zoned FAR 12.0
    Max 51,000.0 sq. ft.
    Remaining 32,066.0 sq. ft.

    Facility
    Zoned FAR 12.0
    Max 51,000.0 sq. ft.
    Remaining 32,066.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Semi-Fireproof
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1930
    Alterations
    N/A
    Floors
    6.0
    Residential Units
    0
    Total Units
    7
    Floor Area
    18934
    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