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

Built in 1959 this 238,294 sq.ft. building is 96% Office Space, 4% Retail, 0% Storage, 0% Other and contains 0 residential units and 37 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
    • 51st St Route ERoute MRoute 6 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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    • Initial UCC1 dated 2016-08-09, Debtor: Cpt 360 Lexington, LLC, Secured Party: Jpmorgan Chase Bank, N.A., As Administrative Agent, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Cpt 360 Lexington, LLC by N.A. Jpmorgan Chase Bank or 2016-01-28 Show Details
    • Cpt 360 Lexington, LLC took a mortgage for $75,000,000.00 from N.A. Jpmorgan Chase Bank on 2016-01-28. Show Details
    • Lexington 360 Associates, LLC Satisfied their Mortgage with New Yorl Life Insurance Company on 2016-01-21. Show Details
    • UCC3 Termination dated 2013-04-15, Debtor: Cpt 360 Lexington, LLC, Secured Party: U.S. Bank National Association, Assignee: Show Details
    • Initial UCC1 dated 2013-03-25, Debtor: Cpt 360 Lexington, LLC, Secured Party: U.S. Bank National Association, Assignee: Show Details
    • Initial Coop UCC1 dated 2009-11-25, Debtor: Inc. Alfangi Salon 2008 & Moukhabbat Azam, Secured Party: Ltd. Pier Marco Group, Assignee: Show Details
    • UCC3 Amendment dated 2008-08-20, Debtor: Cpt 360 Lexington, LLC, Secured Party: As Trustee For Lasalle Bank National Association, Assignee: Show Details
    • On 2008-08-07 360 Lexington LLC & Cpt 360 Lexington, LLC assumed the mortgage granted by Lasalle Bank National Association Show Details
    • 360 Lexington LLC sold this property to Cpt 360 Lexington, LLC for $129,500,000.00 on 2008-08-07. Show Details
    • Court Order (Other Documents) was filed on 2008-06-03. Parties: 360 Lexington Realty Associates Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2004-03-19. Parties: 360 Lexington LLC, Morgan Stanley Mortgage Capital Inc., As Trustee Lasalle Bank National Association Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2004-03-19. Parties: Morgan Stanley Mortgage Capital Inc., As Trustee Lasalle Bank National Association Show Details
    • On 2004-01-05 a mortgage on this property was transferred from Morgan Stanley Mortgage Capital Inc. to As Trustee Lasalle Bank National Association. Show Details
    • An Assignment of Leases and Rents was granted to Morgan Stanley Mortgage Capital Inc by 360 Lexington LLC or 2003-06-25 Show Details
    • Mortgage Agreement for $0.00 dated 2003-06-25 between 360 Lexington LLC and Morgan Stanley Mortgage Capital Inc Show Details
    • On 2003-06-25 a mortgage on this property was transferred from Pb Capital Corporation to Morgan Stanley Mortgage Capital Inc. Show Details
    • sold this property to for $0.00 on 2003-06-25. Show Details
    • Initial UCC1 dated 2003-06-30, Debtor: 360 Lexington LLC, Secured Party: Morgan Stanley Mortgage Capital Inc., Assignee: Show Details
    • Initial UCC1 dated 2003-04-18, Debtor: 360 Lexington Avenue LLC, Secured Party: Pb Capital Corporation, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 2003-01-13 between and Show Details
    • Transwestern Lexington L.L.C. sold this property to 360 Lexington Avenue LLC for $62,000,000.00 on 2002-12-30. Show Details
    • UCC3 Termination dated 2002-12-13, Debtor: L.L.C. Transwestern Lexington, Secured Party: Inc. M&T Real Estate, Assignee: Show Details
    • UCC3 Termination dated 2002-07-11, Debtor: Stephen Berini, Secured Party: Reese Milner, Assignee: Show Details
    • Initial UCC1 dated 2002-04-22, Debtor: Stephen Berini, Secured Party: Reese Milner, Assignee: Show Details
    • Initial UCC1 dated 2002-04-22, Debtor: L.L.C. Transwestern, Secured Party: Pb Capital Corporation, Assignee: Show Details
    • A Miscellaneous legal document filed on 2001-12-04. Parties: Inc. M&T Real Estate Show Details
    • L.L.C. Transwestern Lexington took a mortgage for $18,420,899.94 from Pb Capital Corporation on 2001-12-04. Show Details
    • Mortgage Agreement for $0.00 dated 2001-12-04 between L.L.C. Transwestern Lexington and Pb Capital Corporation Show Details
    • On 2001-12-04 a mortgage on this property was transferred from L.L.C. Transwestern Lexington to Pb Capital Corporation. Show Details
    • A Miscellaneous legal document filed on 2001-12-04. Parties: Inc. M&T Real Estate Show Details
    • On 2001-12-04 a mortgage on this property was transferred from Inc. M&T Real Estate to Pb Capital Corporation As Administrative Agent. Show Details
    • Initial UCC1 dated 2000-04-25, Debtor: L.L.C. Transwestern Lexington, Secured Party: National Association Pnc Bank, Assignee: Show Details
    • On 2000-03-06 a mortgage on this property was transferred from L.L.C. Transwestern Lexington to Inc. M&T Real Estate. Show Details
    • Mortgage Agreement for $0.00 dated 2000-03-06 between L.L.C. Transwestern Lexington and Inc. M&T Real Estate Show Details
    • A Miscellaneous legal document filed on 2000-03-06. Parties: Inc. M & T Real Estate Show Details
    • A Miscellaneous legal document filed on 2000-03-06. Parties: Inc. M & T Real Estate Show Details
    • Crown Lexington, LLC sold this property to L.L.C. Transwestern Lexington for $0.00 on 2000-02-14. Show Details
    • UCC3 Termination dated 2000-02-28, Debtor: Crown Lexington, LLC, Secured Party: M & T Real Estate, INC, Assignee: Show Details
    • UCC3 Termination dated 2000-02-28, Debtor: Crown Lexington LLC, Secured Party: Inc. M&T Real Estate, Assignee: Show Details
    • Initial UCC1 dated 2000-02-25, Debtor: L.L.C. Transwestern Lexington, Secured Party: Inc. M&T Real Estate, Assignee: Show Details
    • Llc. Crown Lexington took a mortgage for $11,000,000.00 from Inc. M & T Real Estate on 1999-07-13. Show Details
    • On 1999-07-13 a mortgage on this property was transferred from Crown Lexington, LLC to M & T Real Estate, INC. Show Details
    • Mortgage Agreement for $0.00 dated 1999-07-13 between Crown Lexington, LLC and Inc. M & T Real Estate Show Details
    • Initial UCC1 dated 1999-06-03, Debtor: Crown Lexington LLC, Secured Party: Inc. M&T Real Estate, Assignee: Show Details
    • UCC3 Termination dated 1997-06-04, Debtor: 360 Group, LLC, Secured Party: Toledo Investments International S.A., Assignee: Show Details
    • A Miscellaneous legal document filed on 1997-05-08. Parties: S.A. Toledo Investment International Show Details
    • Initial UCC1 dated 1997-05-08, Debtor: Crown Lexington, LLC, Secured Party: M & T Real Estate, INC, Assignee: Show Details
    • 360 Group, LLC sold this property to Crown Lexington, LLC for $0.00 on 1997-03-12. Show Details
    • On 1997-05-08 a mortgage on this property was transferred from S.A. Toledo Investment International to Inc. M&T Real Estate. Show Details
    • Mortgage Agreement for $0.00 dated 1997-05-08 between Crown Lexington, LLC and Inc. M&T Real Estate Show Details
    • On 1997-05-08 a mortgage on this property was transferred from Crown Lexington, LLC to Inc. M&T Real Estate. Show Details
    • Mortgage Agreement for $0.00 dated 1996-04-25 between Grand Central District Management Association, INC and New York City Department Of Transportation Show Details
    • Initial UCC1 dated 1996-04-12, Debtor: 360 Group, LLC, Secured Party: Toledo Investments International S.A., Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1996-04-09 between 360 Group, LLC and S.A. Toledo Investment International Show Details
    • On 1996-04-09 a mortgage on this property was transferred from 360 Group, LLC to S.A. Toledo Investment International. Show Details
    • Mortgage Agreement for $0.00 dated 1996-04-09 between 360 Group, LLC and S.A. Toledo Investment Internaitonal Show Details
    • Lexington 360 Associates sold this property to 360 Group, LLC for $0.00 on 1996-04-02. Show Details
    • On 1994-12-28 a mortgage on this property was transferred from First Union Nationalbank Of North Carolina to Toledo Investment International S.A.. Show Details
    • On 1992-05-27 a mortgage on this property was transferred from First Union Ntl Bk Nc to Toledo Investmnt Intl Sa. Show Details
    • On 1992-05-27 a mortgage on this property was transferred from First Union Ntl Bk Nc to Toledo Investmnt Intl Sa. Show Details
    • Mortgage Agreement for $0.00 dated 1991-01-07 between Lexington 360 Associates and 360 Lexington Rlty Assoc & First Union Natl Bketc Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1988-11-15. Parties: Lexingotn 360 Assocs, First Union Ntl Bk Nc Show Details
    • On 1988-10-31 a mortgage on this property was transferred from Resources Pns Sharesinc to Resources Pns Sharesinc. Show Details
    • On 1988-10-31 a mortgage on this property was transferred from Ny Life Insur Co to First Union Ntl Bk Nc. Show Details
    • 360 Lexington Rlty Assoc leased this property from Lexington 360 Assocs on 1988-10-31 Show Details
    • On 1988-10-31 a mortgage on this property was transferred from Chemical Bank to Three Sixty Lex Corp. Show Details
    • On 1988-10-31 a mortgage on this property was transferred from 360 Lexington Rlty Asc & Lexington 360 Assocs to First Union Ntl Bk Nc. Show Details
    • A Miscellaneous legal document filed on 1988-10-31. Parties: Resources Pns Sharesinc Show Details
    • On 1988-10-31 a mortgage on this property was transferred from Ny Life Insur Co to First Union Ntl Bk Nc. Show Details
    • Mortgage Agreement for $0.00 dated 1988-10-31 between Lexington 360 Associates & First Union Ntl Bk Nc and 360 Lexington Rlty Assoc Show Details
    • Lexington 360 Assocs took a mortgage for $600,000.00 from First Union Ntl Bk Nc on 1988-10-31. Show Details
    • Lexington 360 Assocs took a mortgage for $16,900,000.00 from First Union Ntl Bk Nc on 1988-10-31. Show Details
    • On 1988-10-31 a mortgage on this property was transferred from Three Sixty Lex Corp to First Union Ntl Bk Nc. Show Details
    • On 1988-10-31 a mortgage on this property was transferred from Resources Pns Shares to First Union Ntl Bk Nc. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1987-06-01. Parties: Three Sixty Lex Corp, N.A. Citibank Show Details
    • On 1987-06-01 a mortgage on this property was transferred from Citibank Na to Three Sixty Lex Corp. Show Details
    • On 1987-06-01 a mortgage on this property was transferred from Three Sixty Lex Corp to Chemical Bank. Show Details
    • On 1986-07-30 a mortgage on this property was transferred from Three Sixty Lex. Corp. to N.A. Citibank. Show Details
    • Lexington Gourmart Inc leased this property from Alfred F Sica on 1986-04-03 Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1985-06-24. Parties: Three Sixty Lex Corp Show Details
    • On 1985-06-24 a mortgage on this property was transferred from Three Sixty Lex Corp to Citibank N.A.. Show Details
    • Lexington 360 Associates took a mortgage for $5,000,000.00 from Three Sixty Les. Corp. on 1983-07-20. Show Details
    • Lexington 360 Associates took a mortgage for $14,000,000.00 from New York Life Insurco. on 1983-07-20. Show Details
    • On 1983-07-20 a mortgage on this property was transferred from Lexington 360 Associates to Resources Pension Etc.. Show Details
    • On 1983-07-20 a mortgage on this property was transferred from Lexington 360 Associates to New York Life Insurco.. Show Details
    • Prudential Ins. Co/Amer. sold this property to Lexington 360 Assoc. for $0.00 on 1983-06-27. Show Details
    • Lexington 360 Associates took a mortgage for $7,000,000.00 from Resources Pension Etc. on 1983-07-20. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1983-07-20. Parties: Lexington 360 Assoc. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1983-07-20. Parties: Lexington 360 Assoc. Show Details
    • 360 Lex Ave Corp Etal & Alexander(Referee Herman sold this property to Prudential Ins Co Amer for $0.00 on 1975-11-03. Show Details
    • Mortgage Agreement for $0.00 dated 1972-04-28 between 360 Lex Ave Corp and Prudential Ins Co Amer Show Details

    Lot

    Address
    121 E 40th St, 10016
    Square Footage
    12,359
    Lot Type
    Corner
    Dimensions
    98.75ft x 125.0ft
    BBL
    1012950017

    Neighborhood

    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    14
    Fire Company
    E021
    School District
    2
    Census Tract
    80

    Zoning

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

    Assessment

    Tax Class
    4
    MV Land
    $17,100,000
    MV Total
    $70,956,000
    AV Land
    $7,695,000
    AV Total
    $31,930,200

    Floor Area Ratio

    Built FAR
    19.28

    Residential
    Zoned FAR 10.0
    Max 123,590.0 sq. ft.
    Remaining -114,704.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 185,385.0 sq. ft.
    Remaining -52,909.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 185,385.0 sq. ft.
    Remaining -52,909.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Tower Type
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1959
    Alterations
    N/A
    Floors
    24.0
    Residential Units
    0
    Total Units
    37
    Floor Area
    238294
    Basement
    Full Basement Below Grade
    Proximity
    Attached

    Crime

    This property is located in the Midtown South Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the Midtown South Precinct saw 11196 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

    Very high
    In 2015 the Midtown South Precinct saw 2014 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