125 Canal St
Chinatown
New York, NY, 10002

Built in 1940 this 3,675 sq.ft. building is 100% Retail and contains 0 residential units and 40 non-residential units.

This property is currently Off Market.

    Transit

    • Grand St Route BRoute D 4 Minute walk, 0.2 Miles
    • Canal St Route JRoute NRoute QRoute RRoute ZRoute 6 6 Minute walk, 0.3 Miles
    • Delancey St Route FRoute JRoute MRoute Z 11 Minute walk, 0.6 Miles
    • Canal St Route ARoute CRoute E 12 Minute walk, 0.6 Miles
    • Franklin St Route 1 14 Minute walk, 0.7 Miles
    • Chambers St Route ARoute CRoute ERoute 2Route 3 18 Minute walk, 0.9 Miles

    Schools

    • Elementary School

      • Warning: This property is located near the boundary of it's school zone.
      • P.S. 042 Benjamin Altman
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: May Lee
        • Phone: 212-226-8410
        • Address: 71 Hester Street
        • Website: schools.nyc.gov
    • Middle School

      • M.S. 131
        • Grades: 06,07,08,SE
        • Principal: Phyllis Tam
        • Phone: 212-219-1204
        • Address: 100 Hester Street
        • Website: schools.nyc.gov
    • High School

      • Citywide High School Choice, students receive priority to Millennium High School (02M418).

    Public Records

    Get a free price estimate for this property to determine how much it should sell for. Start Now

    • A mortgage agreement for $3,612,368.31 was filed on 2015-07-30 Show Details
    • UCC3 Termination dated 2013-02-27, Secured Party: Marine Midland Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2012-07-02. Show Details
    • An Assignment of Leases and Rents was filed on 2012-05-30 Show Details
    • A mortgage agreement for $3,800,000.00 was filed on 2012-05-30 Show Details
    • A $65,006.06 mortgage was taken from N.A. Asia Bank on 2012-05-30. Show Details
    • On 2012-05-24 a mortgage on this property was transferred from Chinatown Branch Bank Of China to N.A. Asia Bank. Show Details
    • UCC3 Termination dated 2012-06-14, Secured Party: Chinatown Branch Bank Of China, Assignee: Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-06-08. Show Details
    • Zoning Lot Description (Other Documents) was filed on 2012-06-07. Show Details
    • Certificate (Other Documents) was filed on 2012-06-07. Show Details
    • Initial UCC1 dated 2008-11-10, Secured Party: Chinatown Branch Bank Of China Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2008-11-10. Show Details
    • An Assignment of Leases and Rents was filed on 2008-10-31 Show Details
    • A mortgage agreement for $4,000,000.00 was filed on 2008-10-31 Show Details
    • A $1,179,952.78 mortgage was taken from Chinatown Branch Bank Of China on 2008-10-31. Show Details
    • On 2008-10-31 a mortgage on this property was transferred from Lasalle Bank National Association & Lasalle National Bank to Chinatown Branch Bank Of China. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2008-11-10. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2005-01-13. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2002-09-03. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2002-08-02. Show Details
    • A mortgage agreement for $0.00 was filed on 2002-03-20 Show Details
    • Initial UCC1 dated 2000-06-30, Secured Party: As Trustee Lasalle National Bank Show Details
    • This property was sold for $0.00 on 2000-04-27. Show Details
    • A mortgage agreement for $0.00 was filed on 2000-05-12 Show Details
    • On 2000-05-12 a mortgage on this property was transferred from Lehman Capital & Inc. Lehman Brothers Holdings to Lasalle National Bank. Show Details
    • On 1999-11-04 a mortgage on this property was transferred from Lehman Bros. Holdings Inc & Lehman Capital to La Salle National Bank Trustee. Show Details
    • UCC3 Termination dated 1999-10-06, Secured Party: Marine Midland Bank, Assignee: Show Details
    • On 1999-05-11 a mortgage on this property was transferred from Marine Midland Bank to Lehman Capital & Lehman Brothers Holdings Inc.. Show Details
    • A $315,299.00 mortgage was taken from Lehman Capital & Lehman Brothers Holdings Inc. on 1999-05-11. Show Details
    • On 1999-05-11 a mortgage on this property was transferred from 125 Canal St. Corp. to Lehman Capital & Lehman Brothers Holdings Inc.. Show Details
    • A Miscellaneous legal document filed on 1999-05-11. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 1999-05-11. Show Details
    • A mortgage agreement for $0.00 was filed on 1999-05-11 Show Details
    • UCC3 Termination dated 1998-10-23, Secured Party: Marine Midland Bank, Assignee: Show Details
    • On 1998-07-01 a mortgage on this property was transferred from 125 Canal Street Corp. to Marine Midland Bank. Show Details
    • A mortgage agreement for $0.00 was filed on 1998-07-01 Show Details
    • A $281,000.00 mortgage was taken from Marine Midland Bank on 1998-06-01. Show Details
    • Initial UCC1 dated 1997-10-08, Secured Party: Marine Midland Bank Show Details
    • Initial UCC1 dated 1997-09-26, Secured Party: Marine Midland Bank Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1997-09-16. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1997-09-04. Show Details
    • On 1994-08-24 a mortgage on this property was transferred from 125 Canal St. Corp to Nang Seng Bank Limited. Show Details
    • Initial UCC1 dated 1993-01-19, Secured Party: Hang Seng Bank Limited Show Details
    • On 1990-01-23 a mortgage on this property was transferred from Chase Manhattan Bankn A to Hang Seng Bank Ltd. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1989-11-24. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1989-11-22. Show Details
    • On 1989-11-16 a mortgage on this property was transferred from Chase Manhattan Bankn A to 125 Canal Street Corp. Show Details
    • A $1,093,292.46 mortgage was taken from Hang Seng Bank Led on 1989-11-16. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1988-03-24. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1988-03-17. Show Details
    • On 1988-03-15 a mortgage on this property was transferred from 125 Canal St Corp to Chase Manhattan Bank. Show Details
    • A mortgage agreement for $0.00 was filed on 1988-03-15 Show Details
    • A $582,289.71 mortgage was taken from Chase Manhattan Bank on 1988-03-15. Show Details
    • On 1988-03-15 a mortgage on this property was transferred from Omicron Enterprise to Chase Manhattan Bank. Show Details
    • On 1988-03-15 a mortgage on this property was transferred from Canal 125 Company to Chase Manhattan Bankna. Show Details
    • On 1988-03-15 a mortgage on this property was transferred from Eastbank Na to Canal 125 Company. Show Details
    • On 1988-03-15 a mortgage on this property was transferred from Eastbank Na to Omicron Enterprises. Show Details
    • On 1988-03-15 a mortgage on this property was transferred from Sidney Salstein to Chase Manhattan Bankna. Show Details
    • On 1986-11-19 a mortgage on this property was transferred from Richard Cheuk Chi Lee & Omicron Enterprise & Tai Ying Chung & Kin C Lam & Kin Shek Moy & Oi Lin Wong Sheak & Yee Kam Yeung & Yee Hong Sheak to Eastbank N A. Show Details
    • On 1986-11-19 a mortgage on this property was transferred from Tai Ying Chung & Kin Shek Moy & Kin C. Lam & Kwok King Chan & Canal 125 Company & Yee Hong Sheak & Hung K. Lam & Chi Kei Li & Man Shui Ng to Eastbank N.A.. Show Details
    • A $400,000.00 mortgage was taken from Omicron Enterprise on 1986-08-28. Show Details
    • An easement was granted on 1986-06-20. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1985-12-11. Show Details
    • A $600,000.00 mortgage was taken from Canal 125 Company on 1985-11-27. Show Details
    • On 1982-08-03 a mortgage on this property was transferred from New Allied Exchangeinc. to Sidney Salstein. Show Details
    • A $0.00 mortgage was taken from New Allied Exchangeinc on 1981-09-25. Show Details
    • This property was sold for $0.00 on 1981-09-25. Show Details
    • A mortgage agreement for $0.00 was filed on 1979-07-16 Show Details
    • A $0.00 mortgage was taken from Irving R Raber Co Etal on 1979-07-13. Show Details
    • On 1979-07-13 a mortgage on this property was transferred from Nathan P Jacobs & Benjamin Exec Kaufman to Irving R Raber Inc. Show Details
    • A Miscellaneous legal document filed on 1979-07-13. Show Details
    • This property was sold for $0.00 on 1976-05-05. Show Details
    • This property was sold for $0.00 on 1976-05-05. Show Details
    • This property was sold for $0.00 on 1976-04-08. Show Details
    • A $0.00 mortgage was taken from Rena Tr Schwieger & Irving R Raber Co on 1976-03-22. Show Details
    • A $0.00 mortgage was taken from Rena Tr Schwieger & Irving R Raber Co on 1976-02-24. Show Details
    • A $0.00 mortgage was taken from Louis Nathin Assoc on 1973-05-21. Show Details
    • A $0.00 mortgage was taken from Michael S Raber & Irving R Raber Co Inc & Patricia Fbo Raber & Employees Pension Trust & Irving R Tr Raber on 1971-10-06. Show Details
    • A $0.00 mortgage was taken from Nathan P Jacobs & Benjamin Kaufman on 1969-07-28. Show Details
    • This property was sold for $0.00 on 1969-07-28. Show Details

    Lot

    Address
    125 Canal St, 10002
    Square Footage
    3,782
    Lot Type
    Corner
    Dimensions
    75.0ft x 49.92ft
    BBL
    1003030035

    Neighborhood

    Neighborhood
    Chinatown
    Historic District
    N/A
    Community District
    03
    City Council
    1
    Police Precinct
    5
    Fire Company
    L006
    School District
    2
    Census Tract
    16

    Zoning

    Zoning District
    C6-1G
    Commercial Overlay
    N/A
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $1,150,000
    MV Total
    $5,195,000
    AV Land
    $517,500
    AV Total
    $2,337,750

    Floor Area Ratio

    Built FAR
    0.97

    Residential
    Zoned FAR 3.44
    Max 13,010.08 sq. ft.
    Remaining 9,335.08 sq. ft.

    Commercial
    Zoned FAR 6.0
    Max 22,692.0 sq. ft.
    Remaining 19,017.0 sq. ft.

    Facility
    Zoned FAR 6.5
    Max 24,583.0 sq. ft.
    Remaining 20,908.0 sq. ft.

    Building

    Category
    Hotels
    Class
    Hotel; Transient Occupancy-Midtown Manhattan Area
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1940
    Alterations
    N/A
    Floors
    6.0
    Residential Units
    0
    Total Units
    40
    Floor Area
    3675
    Basement
    Full Basement Below Grade
    Proximity
    Semi-Attached

    Crime

    This property is located in the 5th Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the 5th Precinct saw 1206 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

    Average
    In 2015 the 5th Precinct saw 517 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