123 E 43rd St
Turtle Bay
New York, NY, 10017

Built in 1987 this 627,691 sq.ft. building is 93% Office Space, 5% Garage Space, 2% Retail, 0% Other and contains 0 residential units and 42 non-residential units.

This property is currently Off Market.

    Transit

    • Grand Central-42nd St Route GSRoute 4Route 5Route 6Route 7 0 Minute walk, 0.0 Miles
    • 51st St Route ERoute MRoute 6 8 Minute walk, 0.4 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 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
    • 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 2013-08-29, Debtor: 425 Lexington Realty Company LLC, Secured Party: New York Life Insurance Company, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 2013-08-01 between Cibc Delaware Holdings Inc & New York Life Insurance Company & The Northwestern Mutual Life Insurance Company and 425 Lexington Realty Company LLC Show Details
    • Mortgage Agreement for $0.00 dated 2013-08-01 between Simpson Thacher & Bartlett Llp & New York Life Insurance Company & The Northwestern Mutual Life Insurance Company and 425 Lexington Realty Company LLC Show Details
    • An Assignment of Leases and Rents was granted to 425 Lexington Realty Company LLC by New York Life Insurance Company & The Northwestern Mutual Life Insurance Company or 2013-08-01 Show Details
    • Mortgage Agreement for $214,361,400.00 dated 2013-08-01 between 425 Lexington Realty Company LLC and New York Life Insurance Company & The Northwestern Mutual Life Insurance Company Show Details
    • On 2013-08-01 a mortgage on this property was transferred from Wells Fargo Bank Na to New York Life Insurance Company & The Northwestern Mutual Life Insurance Company. Show Details
    • UCC3 Termination dated 2013-08-26, Debtor: Hines 499 Park LLC & Hines 425 Lexington Avenue LLC, Secured Party: N.A. Bank Of America & Connecticut General Life Insurance Company, Assignee: Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2013-08-26. Parties: N.A Wells Fargo Bank Show Details
    • Hines 499 Park LLC took a mortgage for $91,716,900.00 from N.A Wells Fargo Bank on 2013-06-28. Show Details
    • Commingled Pension Trust Fund sold this property to 425 Lexington Realty Investor LLC for $0.00 on 2013-08-01. Show Details
    • UCC3 Termination dated 2013-08-08, Debtor: Hines 425 Lexington Avenue LLC, Secured Party: Wells Fargo Bank Minnesota, N.A., As Trustee, Assignee: Show Details
    • UCC3 Termination dated 2013-08-02, Debtor: 425 Lexington Realty Company LLC, Secured Party: Wells Fargo Bank, N.A., As Administrative Agent, Assignee: Show Details
    • Initial UCC1 dated 2013-07-22, Debtor: 425 Lexington Realty Company LLC, Secured Party: Wells Fargo Bank, N.A., As Administrative Agent, Assignee: Show Details
    • Mortgage Agreement for $214,361,400.00 dated 2013-06-28 between Wells Fargo Bank, N.A., As Administrative Agent and 425 Lexington Realty Company LLC Show Details
    • 425 Lexington Realty Company LLC leased this property from Hines 425 Lexington Avenue LLC on 2013-06-28 Show Details
    • 425 Lexington Realty Company LLC leased this property from Hines 425 Lexington Avenue LLC on 2013-06-28 Show Details
    • Hines 425 Lexington Avenue LLC sold this property to 425 Lexington Realty Company LLC for $664,438,582.60 on 2013-06-28. Show Details
    • On 2013-06-28 a mortgage on this property was transferred from Wells Fargo Bank, N.A., As Trustee For Banc Of to Wells Fargo Bank, N.A., As Administrative Agent. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2013-07-22. Parties: Wells Fargo Bank, N.A., As Trustee For Banc Of, Hines 499 Park LLC & Hines 425 Lexington Avenue LLC Show Details
    • Hines 499 Park LLC & Hines 425 Lexington Avenue LLC took a mortgage for $214,361,400.00 from Wells Fargo Bank, N.A., As Trustee For Banc Of on 2013-06-28. Show Details
    • Mortgage Agreement for $306,078,300.00 dated 2013-06-28 between Hines 499 Park LLC & Hines 425 Lexington Avenue LLC and N.A. Wells Fargo Bank Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2013-05-30. Parties: Hines 425 Lexington Avenue LLC, Wells Fargo Bank Minnesota, N.A., As Trustee Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2008-05-21. Parties: Hines 425 Lexington Avenue LLC, Wells Fargo Bank Minnesota, N.A., As Trustee Show Details
    • Shareholders Of Mci Inc & Mci, Inc, On Behalf Of Its Former Shareholders sold this property to Eli Acquisition LLC for $15,792,259.42 on 2006-01-06. Show Details
    • On 2003-11-23 a mortgage on this property was transferred from N.A. Bank Of America to Wells Fargo Bank, N.A., As Trustee. Show Details
    • On 2003-11-17 a mortgage on this property was transferred from Connecticut General Life Insurance Company to Bank Of America. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2005-05-02. Parties: Hines 499 Park LLC & Hines 425 Lexington Avenue LLC, N.A. Bank Of America, Wells Fargo Bank, N.A., As Trustee Show Details
    • Subordination Of Mortgage (Mortgages & Instruments) was filed on 2004-09-21. Parties: Canadian Imperial Bank Of Commerce, N.A. Bank Of America & Connecticut General Life Insurance Company Show Details
    • Subordination Of Mortgage (Mortgages & Instruments) was filed on 2004-09-21. Parties: Simpson Thacher & Bartlett Llp, N.A. Bank Of America & Connecticut General Life Insurance Company Show Details
    • Subordination Of Mortgage (Mortgages & Instruments) was filed on 2004-09-21. Parties: Bloomberg L.P., N.A. Bank Of America & Connecticut General Life Insurance Company Show Details
    • Mortgage Agreement for $306,078,300.00 dated 2003-08-19 between Hines 499 Park LLC & Hines 425 Lexington Avenue LLC and N.A. Bank Of America & Connecticut General Life Insurance Company Show Details
    • On 2003-08-19 a mortgage on this property was transferred from As Administrative Agent Fleet National Bank to N.A. Bank Of America & Connecticut General Life Insurance Company. Show Details
    • Mortgage Spreader Agreement (Mortgages & Instruments) was filed on 2004-09-21. Parties: Hines 499 Park LLC & Hines 425 Lexington Avenue LLC & No. 5 Times Square Development LLC, As Administrative Agent Fleet National Bank Show Details
    • Initial UCC1 dated 2003-11-13, Debtor: Hines 499 Park LLC & Hines 425 Lexington Avenue LLC, Secured Party: N.A. Bank Of America & Connecticut General Life Insurance Company, Assignee: Show Details
    • On 2003-08-19 a mortgage on this property was transferred from Gmac Commercial Mortgage Corporation to N.A. Bank Of America. Show Details
    • Mortgage Spreader Agreement (Mortgages & Instruments) was filed on 2003-11-13. Parties: Hines 499 Park LLC & Hines 425 Lexington Avenuellc & Aol Time Warner Realty Inc., Gmac Commercial Mortgage Corporation Show Details
    • Assignment Of Lease (Other Documents) was filed on 2003-08-28. Parties: 425 Lexington Limited Liability Company, Hines 425 Lexington Avenue LLC Show Details
    • 425 Lexington Limited Liability Company sold this property to Hines 425 Lexington Avenue LLC for $346,000,000.00 on 2003-08-19. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2003-08-28. Parties: Inc. Sumitomo Life Realty (N.Y.) Show Details
    • Mortgage Agreement for $0.00 dated 2001-03-22 between Lexington Belvederellc and New York State Housing Finance Agency Show Details
    • Mortgage Agreement for $0.00 dated 2001-03-22 between New York State Housing Finance Agency and Fleet National Bank Show Details
    • Mortgage Agreement for $0.00 dated 2001-03-22 between Lexington Belvederellc and New York State Housing Finance Agency Show Details
    • Declaration (Other Documents) was filed on 1998-03-13. Parties: Slr Limited Partnership Show Details
    • Declaration (Other Documents) was filed on 1997-11-19. Parties: Slr Limited Partnership Show Details
    • Orion Limited Partnership leased this property from Canadian Imperial Bank Of Commerce on 1987-10-18 Show Details
    • Court Order (Other Documents) was filed on 1996-10-25. Parties: Orion Limited Partnership Show Details
    • Release dated 1996-10-25 between O&Y (U.S.) Financialcompany and 415 Lexington Avenueassociates Show Details
    • A Miscellaneous legal document filed on 1996-10-25. Parties: Orion Limited Partnership & Inc. Sumitomo Life Realty(N.Y.) Show Details
    • A Miscellaneous legal document filed on 1996-10-25. Parties: Inc. Sumitomo Life Realty(N.Y.) and Orion Limited Partnership Show Details
    • Mortgage Agreement for $0.00 dated 1996-10-25 between Orion Limited Partnership and Inc. Sumitomo Life Realty(N.Y.) Show Details
    • Mortgage Agreement for $0.00 dated 1996-10-25 between Orion Limited Partnership and 415 Lexington Avenueassociates Show Details
    • On 1996-10-25 a mortgage on this property was transferred from 415 Lexington Avenueassociates to Slr Limited Partnership. Show Details
    • On 1996-10-25 a mortgage on this property was transferred from Orion Limited Partnership to Slr Limited Partnership. Show Details
    • A Miscellaneous legal document filed on 1996-10-25. Parties: 415 Lexington Avenueassociates Show Details
    • Orion Limited Partnership Satisfied their Mortgage with Citibank, NA on 1996-10-25. Show Details
    • On 1996-10-23 a mortgage on this property was transferred from Orion Limited Partnership to Slr Limited Partnership. Show Details
    • On 1996-10-23 a mortgage on this property was transferred from 415 Lexington Avenueassociates to Slr Limited Partnership. Show Details
    • Orion Limited Partnership sold this property to Slr Limited Partnership for $0.00 on 1996-10-23. Show Details
    • 415 Lexington Avenueassociates sold this property to Slr Limited Partnership for $0.00 on 1996-10-23. Show Details
    • 415 Lexington Avenueassociates sold this property to Slr Limited Parternership for $0.00 on 1996-08-13. 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
    • A Miscellaneous legal document filed on 1994-05-11. Parties: Inc. Grand Central District Mgmt Assn Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1993-04-02. Parties: Orion Limited Partnership, Sumitomo Life Realty(N.Y.) Inc. Show Details
    • Orion Limited Prtnrshp took a mortgage for $194,000,000.00 from Sumitomo Life Realtyetc on 1992-04-02. Show Details
    • Simpson Thacher & Etal leased this property from Orion Ltd Partnership on 1988-11-16 Show Details
    • Mortgage Agreement for $0.00 dated 1988-08-05 between Sumitomo Life Rlty Inc and Canadian Imperial Bkcmm Show Details
    • Mortgage Agreement for $0.00 dated 1988-08-05 between Sumitomo Life Rty Etal and Simpson Thacher & Etal Show Details
    • Release dated 1988-04-19 between O&Y U.S. Financial Co and Orion Ltd Ptnship Show Details
    • On 1988-04-13 a mortgage on this property was transferred from N.A. Citibank to O&Y Us Financial Co. Show Details
    • On 1988-04-13 a mortgage on this property was transferred from N.A. Citibank to O&Y Us Financial Co. Show Details
    • Orion L P took a mortgage for $100,000,000.00 from Sumitomo Life Rlty Ny In on 1988-04-13. Show Details
    • A Miscellaneous legal document filed on 1988-04-13. Parties: Sumitomo Life Rlty Etc & Orion L P Show Details
    • Mortgage Agreement for $0.00 dated 1988-04-13 between Sumitomo Life Rlty Etc and Canadian Imperial Bketc Show Details
    • Mortgage Agreement for $0.00 dated 1988-04-13 between Sumitomo Life Rlty Etc and Simpson Thacher & Bartle Show Details
    • Mortgage Agreement for $0.00 dated 1988-04-13 between O&Y Us Financial Co and Sumitomo Life Rlty Etc Show Details
    • On 1988-04-13 a mortgage on this property was transferred from N.A. Citibank to O&Y Us Financial Co. Show Details
    • A Miscellaneous legal document filed on 1988-04-13. Parties: Sumitomo Life Etc Benf/ & O&Y Us Financial Co Show Details
    • Mortgage Agreement for $0.00 dated 1988-04-13 between O&Y Us Financial Co & O&Y Liberty Plaza Co & Orion L P and Olympia & York Olp Co Show Details
    • On 1988-04-11 a mortgage on this property was transferred from Orion L P to Sumitomo Life Etc. Show Details
    • On 1988-04-11 a mortgage on this property was transferred from N.A. Citibank to Sumitomo Life Etc. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1988-04-06. Parties: Orion L P, Sumitomo Life Rlty Ny In Show Details
    • Initial UCC1 dated 1988-04-06, Debtor: Orion Limited Partnership, Secured Party: Sumitomo Life Realty(N.Y.) Inc., Assignee: Show Details
    • Orion Limited Prtnrshp took a mortgage for $20,000,000.00 from Citibank N A on 1988-03-04. Show Details
    • Mortgage Agreement for $0.00 dated 1988-02-25 between Orion Lmtd Prtnrshp & Citibank N A and Simpson Thacher & Bartle Show Details
    • Canadian Imperial Bketc leased this property from Orion L P on 1987-12-23 Show Details
    • Mortgage Agreement for $0.00 dated 1987-11-23 between 415 Lexington Ave Assocs and Canadian Imperial Bk Show Details
    • Mortgage Agreement for $0.00 dated 1987-11-20 between 415 Lexington Ave Assocs and Simpson Thacher & Etal Show Details
    • Mortgage Agreement for $0.00 dated 1987-11-20 between 415 Lexington Ave Assoc and Citibank N A Show Details
    • Mortgage Agreement for $0.00 dated 1987-11-20 between 415 Lexington Ave Assoc and Orion Limited Prtnrshp Show Details
    • Orion Lp leased this property from 415 Lexington Ave Assoc on 1987-11-20 Show Details
    • Mortgage Agreement for $0.00 dated 1987-11-19 between Orion Ltd Prtnrshp and Citibank Na Show Details
    • Simpson Thacher Etal leased this property from Orion Ltd Prtnrshp on 1987-10-27 Show Details
    • Orion Ltd Partnership took a mortgage for $20,000,000.00 from N.A. Citibank on 1987-10-06. Show Details
    • Orion Limited Partnershp took a mortgage for $20,000,000.00 from N.A. Citibank on 1987-01-23. Show Details
    • Orion Limited Prtnrshp took a mortgage for $20,000,000.00 from Citibank N A on 1986-07-16. Show Details
    • Plympia & York granted an easement to Ny Telephone Co on 1986-07-08. Show Details
    • Mortgage Agreement for $0.00 dated 1985-11-21 between Citibank N A and Orion Ltd Prtnrshp Show Details
    • A Miscellaneous legal document filed on 1985-11-19. Parties: N.A. Citibank Show Details
    • Orion Limited Pntrshp took a mortgage for $20,000,000.00 from N.A. Citibank on 1985-11-19. Show Details
    • Orion Limited Pntrshp took a mortgage for $5,000,000.00 from N.A. Citibank on 1985-11-19. Show Details
    • ... and 43 older documents.

    Lot

    Address
    123 E 43rd St, 10017
    Square Footage
    35,145
    Lot Type
    Corner
    Dimensions
    200.83ft x 195.0ft
    BBL
    1012980023

    Neighborhood

    Neighborhood
    Turtle Bay
    Historic District
    N/A
    Community District
    06
    City Council
    4
    Police Precinct
    17
    Fire Company
    E021
    School District
    2
    Census Tract
    92

    Zoning

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

    Assessment

    Tax Class
    4
    MV Land
    $79,600,000
    MV Total
    $345,555,555
    AV Land
    $35,820,000
    AV Total
    $155,500,000

    Floor Area Ratio

    Built FAR
    17.86

    Residential
    Zoned FAR 10.0
    Max 351,450.0 sq. ft.
    Remaining -276,241.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 527,175.0 sq. ft.
    Remaining -100,516.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 527,175.0 sq. ft.
    Remaining -100,516.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Tower Type
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1987
    Alterations
    N/A
    Floors
    31.0
    Residential Units
    0
    Total Units
    42
    Floor Area
    627691
    Basement
    Full Basement Below Grade
    Proximity
    Attached

    Crime

    This property is located in the 17th Precinct of Manhattan.

    Property Crime

    High
    In 2015 the 17th Precinct saw 1014 felony property crimes (Burglary, Grand Larceny and Grand Larceny of Motor Vehicle) committed per 100,000 residents**. This is lower then the borough's property crime rate, which was 1219 over the same period.

    Violent Crime

    Very low
    In 2015 the 17th Precinct saw 158 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