122 E 51st St
Midtown
New York, NY, 10022

Built in 1931 this 458,300 sq.ft. building is 99% Office Space, 1% Retail and contains 0 residential units and 50 non-residential units.

This property is currently Off Market.

    Transit

    • 51st St Route ERoute MRoute 6 0 Minute walk, 0.0 Miles
    • 59th St Route NRoute QRoute RRoute 4Route 5Route 6 9 Minute walk, 0.4 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute M 10 Minute walk, 0.5 Miles
    • 50th St Route 1 14 Minute walk, 0.7 Miles
    • 50th St Route CRoute E 17 Minute walk, 0.9 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 20 Minute walk, 1.0 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 21 Minute walk, 1.1 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

    Units at this Address

    PriceUnitLast UpdateStatusPublic Records
    RESOff Market1

    Public Records

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    • Ucc 5 Correction Statement (Ucc And Federal Liens) was filed on 2012-11-27. Parties: L.P. Tower 570 Company, The Northwestern Mutual Life Insurance Company Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2012-11-14. Parties: L.P. Tower 570 Company, The Northwest Mutual Life Insurance Company Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2009-07-24. Parties: L.P. Tower 570 Company & Miller & Wrubel P.C., The Northwestern Mutual Life Insurance Company Show Details
    • Shareholders Of Grey Global Group Inc sold this property to Abbey Merger Corporation for $18,833,571.00 on 2005-03-07. Show Details
    • Mortgage Agreement for $0.00 dated 2008-03-14 between Lp Tower 570 Company & Seiden & Schein P.C. and The Northwestern Mutual Life Insurance Company Show Details
    • Mortgage Agreement for $0.00 dated 2008-03-06 between Lp Tower 570 Company & Schiphol Usa Inc and The Northwestern Mutual Life Insurance Company Show Details
    • Mortgage Agreement for $0.00 dated 2008-03-14 between Rochdale Investment Management LLC & Lp Tower 570 Company and The Northwestern Mutual Life Insurance Company Show Details
    • Mortgage Agreement for $0.00 dated 2008-03-14 between The Real Estate Board Of New York Inc & Lp Tower 570 Company and The Northwestern Mutual Life Insurance Company Show Details
    • Mortgage Agreement for $0.00 dated 2008-03-14 between Lp Tower 570 Company & Mr. K'S Restaurant Inc and The Northwestern Mutual Life Insurance Company Show Details
    • Mortgage Agreement for $0.00 dated 2008-03-14 between Lp Tower 570 Company & Boies Schiller & Flexner Llp and The Northwestern Mutual Life Insurance Company Show Details
    • Mortgage Agreement for $0.00 dated 2008-02-23 between Lp Tower 570 Company & Brean Murray Carret & Co. LLC and The Northwestern Mutual Life Insurance Company Show Details
    • Mortgage Agreement for $0.00 dated 2008-03-14 between Tower 570 Company Lp & Air India Limited and The Northwestern Mutual Life Insurance Company Show Details
    • An Assignment of Leases and Rents was granted to Tower 570 Company L.P. by The Northwestern Mutual Life Insurance Company or 2008-03-12 Show Details
    • Mortgage Agreement for $115,000,000.00 dated 2008-03-12 between Tower 570 Company L.P. and The Northwestern Mutual Life Insurance Company Show Details
    • On 2008-03-12 a mortgage on this property was transferred from Aegon Global Institutional Markets Plc to The Northwestern Mutual Life Insurance Company. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2008-04-03. Parties: Aegon Global Institutional Markets Plc, Tower 570 Company Lp Show Details
    • Initial UCC1 dated 2008-03-31, Debtor: Tower 570 Company L.P., Secured Party: The Northwestern Mutual Life Insurance Company, Assignee: Show Details
    • Tower 570 Company L.P. took a mortgage for $45,000,000.00 from The Northwestern Mutual Life Insurance Company on 2008-03-12. Show Details
    • On 2007-02-01 a mortgage on this property was transferred from Transamerica Life Insurance Company to Aegon Global Institutional Markets Plc. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2007-04-23. Parties: Transamerica Life Insurance Company, Aegon Global Institutional Markets Plc Show Details
    • Certificate (Other Documents) was filed on 2005-03-31. Parties: Nyc Department Of Finance Show Details
    • Liberty Media Corporation sold this property to Comcast Qvc for $39,130.00 on 2004-07-28. Show Details
    • L.P. Tower 570 Company granted an easement to The National Architectural Trust on 2003-12-30. Show Details
    • Mortgage Agreement for $0.00 dated 2001-08-02 between L.P. Tower 570 Company and Tansamerica Life Insurance And Annuity Company Show Details
    • On 2001-08-02 a mortgage on this property was transferred from L.P. Tower 570 Company to Transamerica Life Insurance And Annuity Company. Show Details
    • On 2001-08-02 a mortgage on this property was transferred from Ubs Ag to Transamerica Life Insurance And Annuity Company. Show Details
    • On 2001-08-02 a mortgage on this property was transferred from Ubs Ag to Transamerica Life Insurance And Annutity Company. Show Details
    • L.P. Tower 570 Company took a mortgage for $50,000,000.00 from Transamerica Life Insurance And Annuity Company on 2001-08-02. Show Details
    • Columbia Universityin The City/New York Trustee/ sold this property to L.P. Tower 570 Company for $0.00 on 2001-05-17. Show Details
    • L.P. 570 Lexington Associates sold this property to L.P. Tower 570 Company for $0.00 on 2001-05-17. Show Details
    • Inc. Morningside sold this property to L.P. Tower 570 Company for $0.00 on 2001-05-17. Show Details
    • Initial UCC1 dated 2001-08-02, Debtor: L.P. Tower 570 Company, Secured Party: Transamerica Life Insurance And Annuity Company, Assignee: Show Details
    • UCC3 Termination dated 2001-06-18, Debtor: L.P. 570 Lexington Company, Secured Party: Union Bank Of Switzerland (Ny Branch), Assignee: Show Details
    • L.P. 570 Lexington Company sold this property to L.P. 570 Lexington Assocaites for $0.00 on 2001-05-11. Show Details
    • L.P. 570 Lexington Company took a mortgage for $3,610,000.00 from Union Bank Of Switzerland on 1998-08-06. Show Details
    • L.P. 570 Lexington Company took a mortgage for $16,390,000.00 from Union Bank Of Switzerland on 1998-08-06. Show Details
    • Initial UCC1 dated 1998-01-13, Debtor: L.P. 570 Lexington Company, Secured Party: Union Bank Of Switzerland (Ny Branch), Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1995-10-12 between L.P. 570 Lexington Company and New York City Transit Authority Show Details
    • Columbia Universityin The City Of New York sold this property to L.P. 570 Lexington Company for $0.00 on 1994-10-31. Show Details
    • General Electric Co sold this property to Trustees Columbia Univ for $0.00 on 1993-06-30. Show Details
    • Landmark Designation (Other Documents) was filed on 1989-05-25. Parties: Landmarks Preserv/Cmmssn, City Of New York Show Details
    • Mortgage Agreement for $0.00 dated 1978-09-29 between General Electric Co and 560 Lexco Show Details
    • Mortgage Agreement for $0.00 dated 1978-04-11 between Archbishopric Of N Y and General Elec Co Show Details

    Lot

    Address
    122 E 51st St, 10022
    Square Footage
    16,300
    Lot Type
    Corner
    Dimensions
    111.83ft x 155.0ft
    BBL
    1013050060

    Neighborhood

    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    18
    Fire Company
    L002
    School District
    2
    Census Tract
    100

    Zoning

    Zoning District
    C6-6
    Commercial Overlay
    N/A
    Split Zoning
    Yes
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    GENERAL ELECTRIC BUILDING

    Assessment

    Tax Class
    4
    MV Land
    $21,000,000
    MV Total
    $120,838,000
    AV Land
    $9,450,000
    AV Total
    $54,377,100

    Floor Area Ratio

    Built FAR
    28.12

    Residential
    Zoned FAR 10.0
    Max 163,000.0 sq. ft.
    Remaining -295,300.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 244,500.0 sq. ft.
    Remaining -213,800.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 244,500.0 sq. ft.
    Remaining -213,800.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Tower Type
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1931
    Alterations
    N/A
    Floors
    50.0
    Residential Units
    0
    Total Units
    50
    Floor Area
    458300
    Basement
    Full Basement Below Grade
    Proximity
    Unknown

    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