1485 1st Ave

Built in 1940 this 16,100 sq.ft. building is 91% Residential, 9% Retail and contains 19 residential units and 1 non-residential units.

This property is currently Off Market.

    Transit

    • 77th St Route 6 7 Minute walk, 0.4 Miles
    • 86th St Route 4Route 5Route 6 16 Minute walk, 0.8 Miles
    • Lexington Av Route F 22 Minute walk, 1.1 Miles
    • Lexington Av Route NRoute QRoute RRoute 4Route 5Route 6 23 Minute walk, 1.2 Miles

    Schools

    • Elementary School

      • P.S. 158 Bayard Taylor
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Dina Ercolano
        • Phone: 212-744-6562
        • Address: 1458 York Avenue
        • Website: schools.nyc.gov
    • Middle School

      • J.H.S. 167 Robert F. Wagner
        • Grades: 06,07,08,SE
        • Principal: Jennifer Rehn
        • Phone: 212-535-8610
        • Address: 220 East 76 Street
        • Website: schools.nyc.gov
    • High School

      • Citywide High School Choice

    Units at this Address

    PriceUnitLast UpdateStatusPublic Records
    3COff Market0
    2BOff Market0
    4COff Market0
    5DOff Market0
    5COff Market0

    Public Records

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    • On 2015-11-06 a mortgage on this property was transferred from Annaly Cre LLC to New York Branch Bank Of China. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2015-12-24. Parties: Annaly Cre LLC, New York Branch Bank Of China Show Details
    • On 2015-11-06 a mortgage on this property was transferred from Annaly Cre LLC to New York Branch Bank Of China. Show Details
    • Bre Fsc Multifamily Borrower LLC took a mortgage for $480,000,000.00 from Annaly Cre LLC on 2015-11-06. Show Details
    • An Assignment of Leases and Rents was granted to Bre Fsc Multifamily Borrower LLC by Annaly Cre LLC or 2015-09-10 Show Details
    • Mortgage Agreement for $9,837,692.00 dated 2015-09-10 between Bre Fsc Multifamily Borrower LLC and Annaly Cre LLC Show Details
    • Bre Fsc Multifamily Borrower LLC took a mortgage for $6,949,692.00 from Annaly Cre LLC on 2015-09-10. Show Details
    • On 2015-09-10 a mortgage on this property was transferred from Fannie Mae to Annaly Cre LLC. Show Details
    • 1485 First Ave LLC sold this property to Bre Fsc Multifamily Borrower LLC for $14,141,682.00 on 2015-09-10. Show Details
    • UCC3 Termination dated 2015-09-22, Debtor: 1485 First Ave LLC, Secured Party: Fannie Mae, Assignee: Show Details
    • A Miscellaneous legal document filed on 2015-03-04. Parties: Rkc Group Inc. Show Details
    • A Miscellaneous legal document filed on 2015-03-04. Parties: Fannie Mae Show Details
    • A Miscellaneous legal document filed on 2015-03-04. Parties: National Association Capital One Show Details
    • Fannie Mae was granted Power of Attorney for Capital One Multifamily Finance, LLC on 2014-06-05 Show Details
    • A Miscellaneous legal document filed on 2015-03-04. Parties: 1483 First Avenue LLC & 1485 First Ave LLC & Chou'S Three D LLC & Robert K. Chou Spousal Lifetime Access Trust & Katherine Chou & Katherine Chou As Trustee Show Details
    • A Miscellaneous legal document filed on 2015-03-04. Parties: S.A. Karydas Financiera & 1483 First Avenue LLC & 1485 First Ave LLC & Last Will And Testament Of Marianna Ventura & Marianna Ventura Credit Shelter Trust & Chou'S Three D LLC & Successor Trustee Antonio Ventura & Robert K. Chou Spousal Lifetime Access Trust & Katherine Chou & Katherine Chou As Trustee Show Details
    • Certificate (Other Documents) was filed on 2015-03-04. Parties: The Seaport Title Agency Ltd. Show Details
    • A Miscellaneous legal document filed on 2013-07-11. Parties: 1483 First Avenue LLC & 1485 First Ave LLC & Chou'S Three D LLC & Trustee Katherine Chou & Robert K. Chou Spousal Lifetime Access Trust & Katherine Chou Show Details
    • A Miscellaneous legal document filed on 2013-07-11. Parties: S.A. Karydas Financiera & 1483 First Avenue LLC & 1485 First Ave LLC & Chou'S Three D LLC & Robert K. Chou Spousal Lifetime Access Trust & Katherine Chou Show Details
    • Fannie Mae was granted Power of Attorney for Beech Street Capital, LLC on 2013-02-04 Show Details
    • Consent (Other Documents) was filed on 2013-07-11. Parties: Fannie Mae Show Details
    • Consent (Other Documents) was filed on 2013-07-11. Parties: Rkc Group Inc. Show Details
    • Zoning Lot Description (Other Documents) was filed on 2013-07-11. Parties: Trustee Katherine Chou & Chou'S Three D LLC & Robert K. Chou Spousal Lifetime Access Trust & Katherine Chou Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2012-09-17. Parties: New York Community Bank Show Details
    • Initial UCC1 dated 2012-09-17, Debtor: 1485 First Ave LLC, Secured Party: Fannie Mae, Assignee: Show Details
    • On 2012-07-16 a mortgage on this property was transferred from Beech Street Capital, LLC to Fannie Mae. Show Details
    • Mortgage Agreement for $2,888,000.00 dated 2012-07-16 between 1485 First Ave LLC and Beech Street Capital, LLC Show Details
    • 1485 First Ave LLC took a mortgage for $15,106.19 from Beech Street Capital, LLC on 2012-07-16. Show Details
    • On 2012-07-12 a mortgage on this property was transferred from New York Community Bank to Beech Street Capital, LLC. Show Details
    • UCC3 Termination dated 2012-09-12, Debtor: 1485 First Ave LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • UCC3 Termination dated 2011-08-12, Debtor: 1485 First Ave LLC, Secured Party: Fa Washington Mutual Bank, Assignee: Show Details
    • Initial UCC1 dated 2011-07-29, Debtor: 1485 First Ave LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 1485 First Ave LLC by New York Community Bank or 2011-06-20 Show Details
    • Mortgage Agreement for $2,920,000.00 dated 2011-06-20 between 1485 First Ave LLC and New York Community Bank Show Details
    • 1485 First Ave LLC took a mortgage for $1,152,899.54 from New York Community Bank on 2011-06-20. Show Details
    • On 2011-07-22 a mortgage on this property was transferred from Fannie Mae to New York Community Bank. Show Details
    • On 2011-04-21 a mortgage on this property was transferred from Federal Deposit Insurance Corporation to Fannie Mae. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2008-08-21. Parties: 1485 First Ave LLC, Fa Washington Mutual Bank Show Details
    • Mortgage Agreement for $254,562.50 dated 2007-04-20 between 1485 First Ave LLC and Katherine Chou Show Details
    • A Miscellaneous legal document filed on 2007-07-16. Parties: Washington Mutual Bank Show Details
    • Consent (Other Documents) was filed on 2007-07-16. Parties: North Fork Bank Show Details
    • Mortgage Agreement for $0.00 dated 2007-04-20 between 1483 First Avenue LLC & 1485 First Ave LLC and Katherine Chou Show Details
    • Declaration (Other Documents) was filed on 2007-07-16. Parties: 1483 First Avenue LLC & 1485 First Avenue LLC & Katherine Chou Show Details
    • Development Rights (Deeds And Other Conveyances) was filed on 2006-05-03. Parties: 1485 First Avenue LLC, Katherine Chou & Revx389 LLC Show Details
    • Zoning Lot Description (Other Documents) was filed on 2006-05-03. Parties: Show Details
    • Declaration (Other Documents) was filed on 2006-05-03. Parties: Washington Mutual Bank National Commercial Ops Cen, N/A Show Details
    • Declaration (Other Documents) was filed on 2006-05-03. Parties: Show Details
    • Mortgage Agreement for $2,000,000.00 dated 2003-09-18 between and Show Details
    • 1485 First Ave LLC took a mortgage for $723,729.94 from Fa Washington Mutual Bank on 2003-09-18. Show Details
    • sold this property to for $0.00 on 2003-09-18. Show Details
    • Initial Coop UCC1 dated 2003-09-29, Debtor: 1485 First Ave LLC, Secured Party: Washington Mutual, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1999-03-12 between Benny Jr. Caiola and Dime Savings Bank Ofnew York Show Details
    • Benny Jr. Caiola took a mortgage for $33,969.60 from Dime Savings Bank Ofnew York on 1999-03-12. Show Details
    • Benny Jr. Caiola took a mortgage for $400,000.00 from Cinco De Mayo LLC on 1999-03-12. Show Details
    • Mortgage Agreement for $0.00 dated 1999-03-12 between Alrose Holding Company, LLC & Benny Jr. Caiola & Benabi Realty Co. & Benny Caiola & L.P. Uptown Realty Group and Cinco De Mayo LLC Show Details
    • On 1999-03-12 a mortgage on this property was transferred from Cinco De Mayo, LLC to Dime Savings Bank Ofnew York. Show Details
    • On 1998-12-30 a mortgage on this property was transferred from Fleet Bank Nationalassociation to Cinco De Mayo LLC.. Show Details
    • Mortgage Agreement for $0.00 dated 1998-12-30 between Kalabi Realty Co. & Benny Jr. Caiola & Benabi Realty Co. & Alrose Holding Company LLC. & Uptown Realty Groupl.P. and Nationalassociation Fleet Bank Show Details
    • Initial UCC1 dated 1998-07-31, Debtor: Jr Benny Caiola, Secured Party: Fsb The Dime Savings Bank Ofnew York, Assignee: Show Details
    • Initial UCC1 dated 1998-07-14, Debtor: Jr Benny Caiola, Secured Party: Fsb The Dime Savings Bank Ofnew York, Assignee: Show Details
    • Benny Jr. Caiola took a mortgage for $107,688.44 from Dime Savings Bank Ofnew York on 1994-07-25. Show Details
    • On 1994-07-25 a mortgage on this property was transferred from Emigrant Savings Bank to Dime Savings Bank Ofnew York. Show Details
    • Mortgage Agreement for $0.00 dated 1994-07-25 between Benny Jr. Caiola and Dime Savings Bank Ofnew York Show Details
    • Initial UCC1 dated 1994-07-22, Debtor: Benny Jr. Caiola, Secured Party: Dime Savings Bank Ofnew York, FSB, Assignee: Show Details
    • Benny Jr Indv Caiola took a mortgage for $508,498.41 from Emigrant Savings Bk on 1986-12-26. Show Details
    • Mortgage Agreement for $0.00 dated 1986-12-26 between Emigrant Savings Bank and Benny Jr. Caiola Show Details
    • On 1986-12-26 a mortgage on this property was transferred from Fourth Fdrl Svg&Ln Assn to Emigrant Savings Bk. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1986-12-26. Parties: Caiola Jr. Benny, Emigrant Savings Bank Show Details
    • Benny Jr Caiola took a mortgage for $0.00 from Fourth Fed S/L Assoc on 1977-08-30. Show Details
    • Golden Arch Realty Corp sold this property to Benny Jr Caiola for $0.00 on 1976-12-14. Show Details
    • Fuld Realty Co sold this property to Golden Arch Realty Corp for $0.00 on 1974-01-09. Show Details
    • 77 & 1St Ave Corp sold this property to Fuld Realty Co for $0.00 on 1966-10-14. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Sept. 27, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: Fsc Nyc Multifamily Llc, 233 South Wacker #4200, Chicago, IL 60606
    • Managing Agent: Grep Atlantic Llc, Jonathan Vayner, 3200 East Camelback Rd #255, Phoenix, AZ 85018
    • Head Officer: James Glassman, 233 SOUTH Wacker Drive #4200, Chicago, IL 60606
    • Site Manager: Ymer Ujkaj,

    Building Tips

    Lot

    Address
    1485 1st Ave, 10075
    Square Footage
    2,550
    Lot Type
    Inside
    Dimensions
    25.5ft x 100.0ft
    BBL
    1014520026

    Neighborhood

    Neighborhood
    Upper East Side
    Historic District
    N/A
    Community District
    08
    City Council
    5
    Police Precinct
    19
    Fire Company
    E044
    School District
    2
    Census Tract
    134

    Zoning

    Zoning District
    C2-8
    Commercial Overlay
    N/A
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    2
    MV Land
    $574,000
    MV Total
    $3,683,000
    AV Land
    $258,300
    AV Total
    $1,657,350

    Floor Area Ratio

    Built FAR
    6.31

    Residential
    Zoned FAR 10.0
    Max 25,500.0 sq. ft.
    Remaining 9,400.0 sq. ft.

    Commercial
    Zoned FAR 2.0
    Max 5,100.0 sq. ft.
    Remaining -11,000.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 25,500.0 sq. ft.
    Remaining 9,400.0 sq. ft.

    Building

    Category
    Elevator Apartments
    Class
    Elevator Apt; Miscellaneous
    Land Use
    Multi-Family Elevator Buildings
    Buildings
    1
    Year Built
    1940
    Alterations
    N/A
    Floors
    9.0
    Residential Units
    19
    Total Units
    20
    Floor Area
    16100
    Basement
    Full Basement Below Grade
    Proximity
    Semi-Attached

    Crime

    This property is located in the 19th Precinct of Manhattan.

    Property Crime

    Average
    In 2015 the 19th Precinct saw 768 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 19th Precinct saw 115 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