123 5th Ave
Flatiron
New York, NY, 10003

Built in 1915 this 10,442 sq.ft. building is 58% Office Space, 42% Retail and contains 0 residential units and 6 non-residential units.

This property is currently Off Market.

    Transit

    • 23rd St Route NRoute R 4 Minute walk, 0.2 Miles
    • Union Square Route LRoute NRoute QRoute RRoute 4Route 5Route 6 5 Minute walk, 0.2 Miles
    • 14th St Route ARoute CRoute ERoute L 13 Minute walk, 0.7 Miles
    • 14th St Route FRoute LRoute MRoute 1Route 2Route 3 7 Minute walk, 0.3 Miles

    Schools

    • Elementary School

      • Warning: This property is located near the boundary of it's school zone.
      • For 2015-2016: Grades K-1 are zoned to PS 340 and. Grades 2-5 are zoned to PS 40.
      • Sixth Avenue Elementary School
        • Grades: PK,0K,01,02,03,04,05
        • Principal: Patricia Carney
        • Phone: 917-305-1000
        • Address: 590 Sixth Avenue
        • Website: schools.nyc.gov
      • P.S. 040 Augustus Saint-Gaudens
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Susan Felder
        • Phone: 212-475-5500
        • Address: 319 East 19 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 2015-04-20, Debtor: 123 5Th Avenue LLC, Secured Party: Manufacturers And Traders Trust Company, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 123 5Th Avenue LLC by Manufacturers And Traders Trust Company or 2015-04-02 Show Details
    • Mortgage Agreement for $8,000,000.00 dated 2015-04-02 between Manufacturers And Traders Trust Company and 123 5Th Avenue LLC Show Details
    • 123 5Th Avenue LLC took a mortgage for $4,095,507.00 from Manufacturers And Traders Trust Company on 2015-04-02. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2015-04-20. Parties: Manufacturers And Traders Trust Company, 123 5Th Avenue LLC & 29 West 46Th Street LLC & 182 Fifth Avenue LLC Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2015-04-20. Parties: Manufacturers And Traders Trust Company, 123 5Th Avenue LLC & 29 West 46Th Street LLC & 182 Fifth Avenue LLC Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2015-04-20. Parties: Manufacturers And Traders Trust Company, 123 5Th Avenue LLC & 29 West 46Th Street LLC & 182 Fifth Avenue LLC Show Details
    • 123 5Th Avenue LLC & 29 West 46Th Street LLC & 182 Fifth Avenue LLC took a mortgage for $1,830,232.00 from Manufacturers And Traders Trust Company on 2015-04-02. Show Details
    • 123 5Th Avenue LLC & 29 West 46Th Street LLC & 182 Fifth Avenue LLC took a mortgage for $3,904,493.00 from Manufacturers And Traders Trust Company on 2015-04-02. Show Details
    • 123 5Th Avenue LLC & 29 West 46Th Street LLC & 182 Fifth Avenue LLC took a mortgage for $3,538,447.00 from Manufacturers And Traders Trust Company on 2015-04-02. Show Details
    • Mortgage Agreement for $9,273,172.00 dated 2015-04-02 between Manufacturers And Traders Trust Company and 123 5Th Avenue LLC & 29 West 46Th Street LLC & 182 Fifth Avenue LLC Show Details
    • On 2015-04-02 a mortgage on this property was transferred from As Trustee Us Bank National Association to Manufacturers And Traders Trust Company. Show Details
    • UCC3 Termination dated 2015-04-20, Debtor: 123 5Th Avenue LLC & 29 West 46Th Street LLC & 846 Seventh Avenue LLC & 182 Fifth Avenue LLC, Secured Party: Us Bank National Association C/O Wells Fargo Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2015-04-20. Parties: Us Bank National Association C/O Wells Fargo Bank, 123 5Th Avenue LLC & 29 West 46Th Street LLC & 846 Seventh Avenue LLC & 182 Fifth Avenue LLC Show Details
    • Us Bank National Association was granted Power of Attorney for National Association Wells Fargo Bank on 2014-11-20 Show Details
    • UCC3 Amendment dated 2014-12-11, Debtor: 123 Fifth Avenue LLC & 20 West 46Th Street LLC & 182 Fifth Avenue LLC, Secured Party: As Trustee U.S Bank National Association, Assignee: Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2011-06-09. Parties: 123 5Th Avenue LLC & 182 5Th Avenue LLC & 29 West 46Th Street LLC & 846 Seventh Avenue LLC, Citigroup Global Markets Realty Corp., As Trustee U.S. Bank National Association Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2011-06-09. Parties: Citigroup Global Markets Realty Corp., As Trustee U.S. Bank National Association Show Details
    • On 2011-04-04 a mortgage on this property was transferred from Citigroup Global Markets Realty Corp. to As Trustee U.S. Bank National Association. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2011-03-15. Parties: M&T Real Estate Trust Show Details
    • An Assignment of Leases and Rents was granted to 123 5Th Avenue LLC & 29 West 46Th Street LLC & 846 Seventh Avenue LLC & 182 Fifth Avenue LLC by Citigroup Global Markets Realty Corp. or 2011-02-17 Show Details
    • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2011-03-15. Parties: 123 5Th Avenue LLC & 29 West 46Th Street LLC & 846 Seventh Avenue LLC & 182 Fifth Avenue LLC, Citigroup Global Markets Realty Corp. Show Details
    • On 2011-02-11 a mortgage on this property was transferred from M&T Real Estate Trust to Citigroup Global Markets Realty Corp.. Show Details
    • UCC3 Termination dated 2011-03-10, Debtor: 123 5Th Avenue LLC, Secured Party: M&T Real Estate Trust, Assignee: Show Details
    • Initial UCC1 dated 2011-03-10, Debtor: 123 5Th Avenue LLC & 29 West 46Th Street LLC & 846 Seventh Avenue LLC & 182 Fifth Avenue LLC, Secured Party: Citigroup Global Markets Realty Corp., Assignee: Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2008-09-26. Parties: M&T Real Estate Trust, 123 5Th Avenue LLC & 1265 Broadway LLC & 182 Fifth Avenue LLC Show Details
    • UCC3 Termination dated 2007-04-17, Debtor: 123 5Th Avenue LLC & 182 Fifth Avenue LLC, Secured Party: M&T Real Estate Trust, Assignee: Show Details
    • UCC3 Termination dated 2007-04-17, Debtor: 123 5Th Avenue LLC, Secured Party: M&T Real Estate Trust, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-04-17. Parties: M&T Real Estate Trust Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-04-17. Parties: M&T Real Estate Trust Show Details
    • Subordination Of Mortgage (Mortgages & Instruments) was filed on 2007-04-17. Parties: M&T Real Estate Trust, M&T Real Estate Trust Show Details
    • Initial UCC1 dated 2007-04-17, Debtor: 123 5Th Avenue LLC & 1265 Broadway LLC, Secured Party: M&T Real Estate Trust, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 123 5Th Avenue LLC & 1265 Broadway LLC by M&T Real Estate Trust or 2007-03-28 Show Details
    • Mortgage Agreement for $4,300,000.00 dated 2007-03-28 between 123 5Th Avenue LLC & 1265 Broadway LLC and M&T Real Estate Trust Show Details
    • 123 5Th Avenue LLC & 1265 Broadway LLC took a mortgage for $2,020,160.07 from M&T Real Estate Trust on 2007-03-28. Show Details
    • 123 5Th Avenue LLC & 182 Fifth Avenue LLC & 1265 Broadway LLC took a mortgage for $12,000,000.00 from M&T Real Estate Trust on 2004-07-01. Show Details
    • Initial UCC1 dated 2002-08-14, Debtor: 123 5Th Avenue LLC, Secured Party: Inc. M&T Real Estate, Assignee: Show Details
    • Initial UCC1 dated 2002-08-14, Debtor: 123 5Th Avenue LLC & 182 Fifth Avenue LLC, Secured Party: Inc. M & T Real Estate, Assignee: Show Details
    • On 2002-07-19 a mortgage on this property was transferred from 123 5Th Avenue LLC & 182 Fifth Avenue LLC to M&T Real Estate Inc.. Show Details
    • Inc. Laramels Realty & 123 Fifth Avenue Realty Corp. sold this property to 123 5Th Avenue LLC for $0.00 on 2002-06-06. Show Details
    • On 2002-07-19 a mortgage on this property was transferred from 123 5Th Avenue LLC to M&T Real Estate Inc.. Show Details
    • 123 5Th Avenue LLC & 182 Fifth Avenue LLC took a mortgage for $500,000.00 from Inc. M & T Real Estate on 2002-07-19. Show Details
    • 123 5Th Avenue LLC took a mortgage for $2,000,000.00 from M & T Real Estate Inc. on 2002-07-19. Show Details
    • Rita Woods Satisfied their Mortgage with East New York Svgs Bank on 1993-02-08. Show Details
    • On 1991-08-28 a mortgage on this property was transferred from Anna Lwt Gibbs & Fame Extr Gibbs to Kaycee Company. Show Details
    • A Miscellaneous legal document filed on 1989-10-13. Parties: Landmarks Prsvn Cmmsn Show Details
    • 250 Park Ave South Asoc Satisfied their Mortgage with Friesch-Groningscheetc. on 1985-10-28. Show Details
    • On 1980-11-10 a mortgage on this property was transferred from East N Y Savings Bank to Richard G Ruben & Jack Saltz & Lawrence Tr Ruben & Rochelle Gail Ruben & Lenore Denise Ruben. Show Details

    Lot

    Address
    123 5th Ave, 10003
    Square Footage
    2,250
    Lot Type
    Inside
    Dimensions
    22.5ft x 100.0ft
    BBL
    1008480003

    Neighborhood

    Neighborhood
    Flatiron
    Historic District
    Ladies' Mile
    Community District
    05
    City Council
    2
    Police Precinct
    13
    Fire Company
    E014
    School District
    2
    Census Tract
    52

    Zoning

    Zoning District
    C6-4M
    Commercial Overlay
    N/A
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $1,000,000
    MV Total
    $4,340,000
    AV Land
    $450,000
    AV Total
    $1,953,000

    Floor Area Ratio

    Built FAR
    4.64

    Residential
    Zoned FAR 10.0
    Max 22,500.0 sq. ft.
    Remaining 12,058.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 22,500.0 sq. ft.
    Remaining 12,058.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 22,500.0 sq. ft.
    Remaining 12,058.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Semi-Fireproof
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1915
    Alterations
    N/A
    Floors
    5.0
    Residential Units
    0
    Total Units
    6
    Floor Area
    10442
    Basement
    Full Basement Below Grade
    Proximity
    Attached

    Crime

    This property is located in the 13th Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the 13th Precinct saw 1756 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

    Low
    In 2015 the 13th Precinct saw 390 felony violent crimes (Murder, Rape, Robbery and Felony Assault) committed per 100,000 residents**. This is lower 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