137 E 48th St
Turtle Bay
New York, NY, 10017

Built in 1923 and contains 0 residential units and 1 non-residential units.

This property is currently Off Market.

    Transit

    • 51st St Route ERoute MRoute 6 2 Minute walk, 0.1 Miles
    • Grand Central-42nd St Route GSRoute 4Route 5Route 6Route 7 7 Minute walk, 0.4 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute M 10 Minute walk, 0.5 Miles
    • 59th St Route NRoute QRoute RRoute 4Route 5Route 6 11 Minute walk, 0.6 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 19 Minute walk, 1.0 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 20 Minute walk, 1.0 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

    Public Records

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

    • Initial UCC1 dated 2015-09-17, Debtor: L.P. Lexington Avenue Hotel, Secured Party: Dekabank Deutsche Girozentrale, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 2015-08-28 between Dekabank Deutsche Girozentrale and L.P. Lexington Avenue Hotel & Inc. Marriott Hotel Services Show Details
    • L.P. Lexington Avenue Hotel took a mortgage for $53,000,000.00 from Dekabank Deutsche Girozentrale on 2015-08-28. Show Details
    • Shc Essex LLC Satisfied their Mortgage with Na As Trustee Wells Fargo Bank & Na As Master Servicer Wachovia Bank & Wells Fargo Bank, NA on 2015-06-01. Show Details
    • Ppf 525 Lexington Avenue, LLC sold this property to L.P. Lexington Avenue Hotel for $270,000,000.00 on 2015-05-01. Show Details
    • Ppf 525 Lexington Avenue, LLC Satisfied their Mortgage with Wachovia Bank, N.A., As Master Servicer on 2009-05-05. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2006-09-26. Parties: Ppf 525 Lexington Avenue Hotel Trs, LLC, N.A. Jpmorgan Chase Bank, Wells Fargo Bank, N.A., As Trustee For The Benefit Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2006-06-20. Parties: Ppf 525 Lexington Avenue, LLC, N.A. Jpmorgan Chase Bank, Wells Fargo Bank, N.A., As Trustee Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2006-06-20. Parties: N.A. Jpmorgan Chase Bank, Wells Fargo Bank, N.A., As Trustee Show Details
    • On 2006-03-15 a mortgage on this property was transferred from to . Show Details
    • Initial UCC1 dated 2006-05-11, Debtor: Ppf 525 Lexington Avenue Hotel Trs, LLC, Secured Party: N.A. Jpmorgan Chase Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-04-10. Parties: Show Details
    • Mortgage Agreement for $0.00 dated 2005-11-09 between and Show Details
    • An Assignment of Leases and Rents was granted to N.A. Jpmorgan Chase Bank by Ppf 525 Lexington Avenue LLC & Ppf 525 Lexington Avenue Hotel Trs, LLC or 2005-11-09 Show Details
    • Mortgage Agreement for $195,000,000.00 dated 2005-11-09 between Ppf 525 Lexington Avenue LLC & Ppf 525 Lexington Avenue Hotel Trs, LLC and N.A. Jpmorgan Chase Bank Show Details
    • Ppf 525 Lexington Avenue LLC & Ppf 525 Lexington Avenue Hotel Trs, LLC took a mortgage for $87,241,250.00 from N.A. Jpmorgan Chase Bank on 2005-11-09. Show Details
    • On 2005-11-08 a mortgage on this property was transferred from As Trustee Lasalle Bank National Association to Jp Morgan Chase Bank. Show Details
    • L.L.C. Sch New York East Side Ii sold this property to Ppf 525 Lexington Avenue, LLC for $284,050,000.00 on 2005-11-09. Show Details
    • UCC3 Termination dated 2006-02-13, Debtor: Shc New York East Side Ii L.L.C., Secured Party: Lasalle Bank National Association, Assignee: Show Details
    • UCC3 Termination dated 2006-02-13, Debtor: Shc New York East Side Ii, LLC, Secured Party: As Trustee Lasalle Bank National Association, Assignee: Show Details
    • UCC3 Termination dated 2006-02-13, Debtor: Shc New York East Side Ii, LLC, Secured Party: German American Capital Corporation, Assignee: Show Details
    • Initial UCC1 dated 2006-02-13, Debtor: Ppf 525 Lexington Avenue, LLC, Secured Party: N.A. Jp Morgan Chase Bank, Assignee: Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2005-09-29. Parties: Show Details
    • Mortgage Agreement for $296,270,000.00 dated 2005-09-08 between L.L.C. Shc Essex Ii & L.L.C. Shc New York East Side Ii and As Trustee Lasalle Bank National Association Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2005-06-03. Parties: L.L.C. Shc New Yrok East Side Ii, German American Capital Corporation, As Trustee Lasalle Bank National Association Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2005-06-03. Parties: German American Capital Corporation, As Trustee Lasalle Bank National Association Show Details
    • On 2005-04-11 a mortgage on this property was transferred from German American Capital Corporation to As Trustee Lasalle Bank National Association. Show Details
    • Initial UCC1 dated 2005-03-17, Debtor: L.L.C. Shc New York East Side Ii, Secured Party: German American Capital Corporation, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2005-02-02. Parties: Show Details
    • Subordination Of Mortgage (Mortgages & Instruments) was filed on 2005-02-02. Parties: Show Details
    • An Assignment of Leases and Rents was granted to German American Capital Corporation by L.L.C. Shc New York East Side Ii & L.L.C Shc Essex Ii or 2004-06-29 Show Details
    • Mortgage Agreement for $296,270,000.00 dated 2004-06-29 between and Show Details
    • On 2004-06-29 a mortgage on this property was transferred from to . Show Details
    • As Trustee Lasalle Bank National Association was granted Power of Attorney for Mary Ellen Moore & Brian Stauffer & The Agent Gmac Commercial Mortgage Corporation & James Goodall & Ron Steffenino & Richard Joe on 2004-06-18 Show Details
    • Initial UCC1 dated 2004-07-26, Debtor: L.L.C. Shc New York East Side Ii, Secured Party: German American Capital Corporation, Assignee: Show Details
    • UCC3 Termination dated 2003-09-12, Debtor: Will Eglin, Secured Party: 14040 Tenants Corp., Assignee: Show Details
    • Initial UCC1 dated 2003-06-10, Debtor: Shc New York East Side Ii L.Lc, Secured Party: Lasalle Bank National Association, Assignee: Show Details
    • Initial UCC1 dated 2003-06-10, Debtor: L.L.C Shc Essex Ii, Secured Party: Lasalle Bank National Association, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 2003-01-29 between and Show Details
    • An Assignment of Leases and Rents was granted to Lasalle Bank National Association by Shc East Side Ii L.Lc & L.L.C Shc Essex Ii or 2003-01-29 Show Details
    • Mortgage Agreement for $0.00 dated 2003-01-29 between L.L.C Shc New York East Side Ii & Shc Essex, Ii, L..L.C and As Trustee Lasalle Bank National Association Show Details
    • On 2003-01-29 a mortgage on this property was transferred from to . Show Details
    • Mortgage Spreader Agreement (Mortgages & Instruments) was filed on 2003-06-10. Parties: L.L.C. Shc Essex Ii, Lasalle Bank National Association Show Details
    • Release dated 2003-01-29 between Lasalle Bank National Association and Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2003-06-10. Parties: Show Details
    • UCC3 Termination dated 2003-03-20, Debtor: L.L.C. Shc New York Eastside Ii, Secured Party: Goldman Sachs Mortgage Company, Assignee: Show Details
    • UCC3 Termination dated 2003-03-20, Debtor: L.L.C. Shc New York Eastside Ii, Secured Party: Goldman Sachs Mortgage Company, Assignee: Show Details
    • On 2001-07-31 a mortgage on this property was transferred from Goldman Sachs Mortgage Company to Gs Mortgage Securities Corporation Ii. Show Details
    • On 2001-07-31 a mortgage on this property was transferred from Goldman Sachs Mortgage Company to Gs Mortgage Securities Corporation Ii. Show Details
    • On 2001-07-31 a mortgage on this property was transferred from L.L.C. Shc New York Eastside Ii to Gs Mortgage Securities Corporation Ii. Show Details
    • L.L.C. Shc New York East Side Ii took a mortgage for $296,270.00 from Gs Mortgage Securities Corporation Ii on 2001-07-31. Show Details
    • On 2001-07-31 a mortgage on this property was transferred from N.A. Lasalle Bank to Gs Mortgage Securities Corporation Ii. Show Details
    • On 2001-07-31 a mortgage on this property was transferred from Gs Mortgage Securities Corporation Ii to N.A. Lasalle Bank. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2001-06-25. Parties: L.L.C. Shc New York Eastside Ii, As Agent Goldman Sachs Mortgage Company, Lasalle Bank, N.A.,As Trustee Show Details
    • L.L.C. Shc East Side I sold this property to L.L.C. Shc New York East Side Ii for $0.00 on 2001-04-12. Show Details
    • Mortgage Agreement for $0.00 dated 2001-06-12 between L.L.C. Shc New York East Side Ii and N.A. Bank Of America & Goldman Sachs Mortgage Company Show Details
    • On 2001-06-12 a mortgage on this property was transferred from N.A. Bank Of America to Goldman Sachs Mortgage Company. Show Details
    • On 2001-06-12 a mortgage on this property was transferred from L.L.C. Shc New York Eastisde Ii to Goldman Sachs Mortgage Company. Show Details
    • Mortgage Agreement for $0.00 dated 2001-06-12 between L.L.C. Shc New York Eastside Ii and Goldman Sachs Mortgage Company Show Details
    • On 2001-06-12 a mortgage on this property was transferred from N.A. Bank Of America to Goldman Sachs Mortgage Company. Show Details
    • Initial UCC1 dated 2001-05-04, Debtor: L.L.C. Shc New York Eastside Ii, Secured Party: As Agent Goldman Sachs Mortgage Company, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1999-12-17 between Strategic Hotel Funding L.L.C. and L.L.C. Shc Eastside I Show Details
    • On 1999-12-17 a mortgage on this property was transferred from L.L.C. Shc Eastside I to Na. Bank Of America. Show Details
    • On 1999-12-17 a mortgage on this property was transferred from L.L.C. Shc Eastside I to Na. Bank Of America. Show Details
    • L.L.C. Shc Eastside I took a mortgage for $260,000,000.00 from N.A. Bank Of America on 1999-09-15. Show Details
    • On 1999-09-15 a mortgage on this property was transferred from L.L.C. Shc Eastside I to N.A. Bank Of America. Show Details
    • Withheld Satisfaction (Mortgages & Instruments) was filed on 1999-05-28. Parties: Shelton Holding Corporation, New York Life Insurance Company Show Details
    • L.P. East Side Hotel Associates sold this property to L.L.C. Shc Eastside I for $0.00 on 1998-04-17. Show Details
    • Mortgage Agreement for $0.00 dated 1998-08-10 between L.L.C. Shc Eastside I and Inc. East Side Hotel Services Show Details
    • A Miscellaneous legal document filed on 1998-08-10. Parties: L.P. East Side Hotel Associates & Gmac Commercial Mortgage Corporation Show Details
    • A Miscellaneous legal document filed on 1998-08-10. Parties: L.P. East Side Hotel Associates Show Details
    • Withheld Satisfaction (Mortgages & Instruments) was filed on 1998-08-10. Parties: Shelton Holding Corporation, New York Life Insurance Company Show Details
    • UCC3 Termination dated 1998-04-28, Debtor: East Side Hotel Associates L.P., Secured Party: Gmac Commercial Mortgage Corporation, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1996-11-21 between Inc. East Side Hotel Services and Gmac Commercial Mortgage Corporation Show Details
    • On 1996-11-21 a mortgage on this property was transferred from Marriott International Capital Corporation to Gmac Commercial Mortgage Corporation. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1996-11-20. Parties: East Side Hotel Associates L.P., Marriott International Capital Corporation, Gmac Commercial Mortgage Corporation Show Details
    • Mortgage Agreement for $0.00 dated 1995-01-05 between East Side Hotel Associates L.P. and Marriott International Capital Corp Show Details
    • On 1995-01-05 a mortgage on this property was transferred from Hmc East Side Financial Corporation to Marriott International Capital Corporation. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1995-01-05. Parties: East Side Hotel Associates L.P., Hmc East Side Financial Corp., Marriott International Capital Corporation Show Details
    • Mortgage Agreement for $0.00 dated 1994-10-17 between 525 Lexington Avenueassociates and East Side Hotel Services Inc. Show Details
    • A Miscellaneous legal document filed on 1994-10-13. Parties: Mitsubishi Trust & Banking Corporation Show Details
    • A Miscellaneous legal document filed on 1994-10-13. Parties: Mitsubishi Trust & Banking Corporation Show Details
    • Certificate (Other Documents) was filed on 1994-10-13. Parties: Chemical Bank Show Details
    • A Miscellaneous legal document filed on 1994-10-13. Parties: 525 Lexington Avenueassociates & Mitsubishi Trust Banking Corporation & Inc. Marriott Hotel Services Show Details
    • Initial UCC1 dated 1994-10-13, Debtor: East Side Hotel Associates L.P., Secured Party: Hmc East Side Financial Corp., Assignee: Show Details
    • A Miscellaneous legal document filed on 1994-10-13. Parties: 525 Lexington Avenueassociates & Inc. Marriott Hotel Services Show Details
    • 525 Lexington Avenueassociates sold this property to East Side Hotel Associates L.P for $0.00 on 1994-10-07. Show Details
    • UCC3 Termination dated 1994-10-13, Debtor: 525 Lexington Avenueassociates, Secured Party: Mitsubishi Trust Andbanking Corporation, Assignee: Show Details
    • On 1994-10-13 a mortgage on this property was transferred from Mitsubishi Trust Andbanking Corporation to Hmc East Side Financial Corporation. Show Details
    • UCC3 Termination dated 1994-10-13, Debtor: 525 Lexington Avenueassociates, Secured Party: Mitsubishi Trust Andbanking Corporation, Assignee: Show Details
    • UCC3 Termination dated 1994-10-13, Debtor: 525 Lexington Avenueassociates, Secured Party: Mitsubishi Trust Andbanking Corporation, Assignee: Show Details
    • On 1994-10-13 a mortgage on this property was transferred from Mitsubishi Trust Andbanking Corporation to Hmc East Side Financial Corporation. Show Details
    • UCC3 Termination dated 1994-10-13, Debtor: 525 Lexington Avenueassociates, Secured Party: Mitsubishi Trust Andbanking Corporation, Assignee: Show Details
    • UCC3 Termination dated 1994-10-13, Debtor: 525 Lexington Avenueassociates, Secured Party: Mitsubishi Trust Andbanking Corporation, Assignee: Show Details
    • On 1994-10-13 a mortgage on this property was transferred from Mitsubishi Trust Andbanking Corporation to Hmc East Side Financial Corporation. Show Details
    • UCC3 Termination dated 1994-10-13, Debtor: 525 Lexington Avenueassociates, Secured Party: Marriott Corporation, Assignee: Show Details
    • On 1994-10-13 a mortgage on this property was transferred from Mitsubishi Trust Andbanking Corporation to Hmc East Side Financial Corporation. Show Details
    • Mortgage Agreement for $0.00 dated 1994-10-13 between 525 Lexington Avenueassociates and Hmc East Side Financial Corporation Show Details
    • A Miscellaneous legal document filed on 1994-10-13. Parties: Mitsubishi Trust & Banking Corporation Show Details
    • A Miscellaneous legal document filed on 1994-10-13. Parties: Mitsubishi Trust & Banking Corporation Show Details
    • ... and 216 older documents.

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Oct. 12, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: Lexington Avenue Hotel Lp, 150 East 58Th Street #39TH F, New York, NY 10155
    • Managing Agent: Marriott Hotel Services, Inc, John Rieman, 525 Lexington Avenue, New York, NY 10017
    • Head Officer: Bret Matteson, 150 58Th Street #39TH F, New York, NY 10155
    • Shareholder: Deka Immo Bilie Deka (A Berman Bank), 1 Taunusanlage 1, Francheska, NA 60329
    • Site Manager: Robert Varone,

    Lot

    Address
    137 E 48th St, 10017
    Square Footage
    22,425
    Lot Type
    Corner
    Dimensions
    140.42ft x 145.0ft
    BBL
    1013030053

    Neighborhood

    Historic District
    N/A
    Community District
    06
    City Council
    4
    Police Precinct
    17
    Fire Company
    L002
    School District
    2
    Census Tract
    92

    Zoning

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

    Assessment

    Tax Class
    4
    MV Land
    $45,600,000
    MV Total
    $183,200,000
    AV Land
    $20,520,000
    AV Total
    $82,440,000

    Floor Area Ratio

    Built FAR
    0.0

    Residential
    Zoned FAR 10.0
    Max 224,250.0 sq. ft.
    Remaining 224,250.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 336,375.0 sq. ft.
    Remaining 336,375.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 336,375.0 sq. ft.
    Remaining 336,375.0 sq. ft.

    Building

    Category
    Hotels
    Class
    Hotel; Luxury Type Built Prior To 1960
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1923
    Alterations
    N/A
    Floors
    34.0
    Residential Units
    0
    Total Units
    1
    Floor Area
    0
    Basement
    Full Basement Below Grade
    Proximity
    Unknown

    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