159 Canal St
Chinatown
New York, NY, 10013

Built in 1915 this 29,425 sq.ft. building is 88% Office Space, 12% Retail and contains 0 residential units and 12 non-residential units.

This property is currently Off Market.

    Transit

    • Canal St Route JRoute NRoute QRoute RRoute ZRoute 6 4 Minute walk, 0.2 Miles
    • Grand St Route BRoute D 5 Minute walk, 0.3 Miles
    • East Broadway Route F 8 Minute walk, 0.4 Miles
    • Canal St Route ARoute CRoute E 10 Minute walk, 0.5 Miles
    • Chambers St Route JRoute ZRoute 4Route 5Route 6 11 Minute walk, 0.6 Miles
    • Delancey St Route FRoute JRoute MRoute Z 12 Minute walk, 0.6 Miles
    • Franklin St Route 1 13 Minute walk, 0.7 Miles
    • Chambers St Route ARoute CRoute ERoute 2Route 3 16 Minute walk, 0.8 Miles

    Schools

    • Elementary School

      • Warning: This property is located near the boundary of it's school zone.
      • P.S. 130 Hernando De Soto
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Renny Fong
        • Phone: 212-226-8072
        • Address: 143 Baxter 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

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    • Elizabeth Canal, LLC & Elizabeth Bronx, LLC & Hh159 Canal Del, LLC & Jemcom Canal Del, LLC & Jemcom Canal Reverse, LLC took a mortgage for $6,000,000.00 from Charles Ishay, LLC on 2016-08-30. Show Details
    • An Assignment of Leases and Rents was granted to Elizabeth Bronx, LLC & Elizabeth Canal, LLC & Hh159 Canal Del, LLC & Jemcom Canal Del, LLC & Jemcom Canal Reverse, LLC by Signature Bank or 2016-10-28 Show Details
    • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2016-11-03. Parties: Elizabeth Bronx, LLC & Elizabeth Canal, LLC & Hh159 Canal Del, LLC & Jemcom Canal Del, LLC & Jemcom Canal Reverse, LLC, Signature Bank Show Details
    • Initial UCC1 dated 2016-11-03, Debtor: Elizabeth Bronx, LLC & Elizabeth Canal, LLC & Hh159 Canal Del, LLC & Jemcom Canal Del, LLC & Jemcom Canal Reverse, LLC, Secured Party: Signature Bank, Assignee: Show Details
    • Madison To Park sold this property to Orange Crescent Apartments LLC for $0.00 on 2014-04-22. Show Details
    • Initial UCC1 dated 2014-06-18, Debtor: Jemcom Canal Reverse, LLC, Secured Party: Signature Bank, Assignee: Show Details
    • Mortgage Agreement for $19,000,000.00 dated 2014-04-17 between Elizabeth Bronx, LLC & Elizabeth Canal, LLC & Hh159 Canal Del, LLC & Jemcom Canal Del, LLC & Jemcom Canal Reverse, LLC and Signature Bank Show Details
    • Jemcom Canal Del, LLC sold this property to Jemcom Canal Reverse, LLC for $0.00 on 2014-04-17. Show Details
    • Jemcom 159 Canal Reverse, LLC sold this property to 101 East Burnside Partners LLC for $0.00 on 2014-04-17. Show Details
    • Jemcom 159 Canal, LLC sold this property to 2374 Concourse Associates, LLC for $0.00 on 2014-04-17. Show Details
    • Certificate (Other Documents) was filed on 2014-04-22. Parties: Riverside Abstract, LLC Show Details
    • Zoning Lot Description (Other Documents) was filed on 2014-04-22. Parties: Elizabeth Canal, LLC & Elizabeth Bronx, LLC & Hh159 Canal Del, LLC & Jemcom Canal Del, LLC Show Details
    • Madison To Park LLC sold this property to Oved Brothers Realty for $0.00 on 2014-02-28. Show Details
    • Initial UCC1 dated 2013-11-06, Debtor: Elizabeth Canal, LLC & Elizabeth Bronx, LLC & Hh159 Canal Del, LLC & Jemcom Canal Del, LLC, Secured Party: Signature Bank, Assignee: Show Details
    • Initial UCC1 dated 2013-11-06, Debtor: Elizabeth Canal, LLC & Elizabeth Bronx, LLC & Hh159 Canal Del, LLC & Jemcom Canal Del, LLC, Secured Party: Signature Bank, Assignee: Show Details
    • UCC3 Termination dated 2013-10-30, Debtor: Dadourian Export Corporation, Secured Party: N.A. Td Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2013-10-30. Parties: N.A. Td Bank Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2013-10-30. Parties: Elizabeth Bronx, LLC & Elizabeth Canal, LLC & Hh 159 Canal Dell, LLC & Jemcom Canal Del, LLC & First Republoc Bank, Signature Bank Show Details
    • An Assignment of Leases and Rents was granted to Elizabeth Canal, LLC & Hh 159 Canal Dell, LLC & Jemcom Canal Del, LLC & Elizabeth Bronx, LLC by Signature Bank or 2013-10-24 Show Details
    • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2013-10-30. Parties: Elizabeth Bronx, LLC & Hh 159 Canal Dell, LLC & Elizabeth Canal, LLC & Jemcom Canal Del, LLC, Signature Bank Show Details
    • On 2013-10-23 a mortgage on this property was transferred from N.A. Td Bank to Signature Bank. Show Details
    • Dadourian Export Corporation sold this property to Elizabeth Bronx, LLC & Elizabeth Canal, LLC & Hh 159 Canal Del, LLC & Jemcom Canal Del, LLC for $33,600,000.00 on 2013-10-24. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2010-02-03. Parties: Dadourian Export Corporation, N.A. Td Bank Show Details
    • An Assignment of Leases and Rents was granted to Dadourian Export Corporation by N.A. Td Bank or 2010-01-06 Show Details
    • Mortgage Agreement for $1,800,000.00 dated 2010-01-06 between Dadourian Export Corporation and N.A. Td Bank Show Details
    • Dadourian Export Corporation took a mortgage for $211,107.42 from N.A. Td Bank on 2010-01-06. Show Details
    • On 2009-12-23 a mortgage on this property was transferred from M&T Real Estate Trust & Inc. M&T Real Estate to N.A. Td Bank. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2010-02-03. Parties: M&T Real Estate Trust & Inc. M&T Real Estate, Dadourian Export Corporation Show Details
    • UCC3 Termination dated 2010-02-03, Debtor: Dadourian Export Corporation, Secured Party: M&T Real Estate Trust & Inc. M&T Real Estate, Assignee: Show Details
    • Initial UCC1 dated 2010-01-13, Debtor: Dadourian Export Corporation, Secured Party: N.A. Td Bank, Assignee: Show Details
    • Dadourian Export Corporation took a mortgage for $142,939.65 from Inc. M & T Real Estate on 2000-04-28. Show Details
    • On 2000-04-28 a mortgage on this property was transferred from Dadourian Export Corporation to Inc. M & T Real Estate. Show Details
    • Mortgage Agreement for $0.00 dated 2000-04-28 between Dadourian Export Corporation and Inc. M & T Real Estate Show Details
    • On 2000-04-28 a mortgage on this property was transferred from Hsbc Bank Usa to Inc. M & T Real Estate. Show Details
    • A Miscellaneous legal document filed on 2000-04-28. Parties: Hsbc Bank Usa Show Details
    • A Miscellaneous legal document filed on 2000-04-28. Parties: Hsbc Bank Usa Show Details
    • Initial UCC1 dated 2000-03-07, Debtor: Dadourian Export Corporation, Secured Party: Inc. M&T Real Estate, Assignee: Show Details
    • Dadourian Export Corporation took a mortgage for $13,852.24 from Republic Bank For Savings on 1994-10-05. Show Details
    • On 1994-10-05 a mortgage on this property was transferred from Dadourian Export Corporation to Republic Bank For Savings. Show Details
    • Mortgage Agreement for $0.00 dated 1994-10-05 between Dadourian Export Corporation and Republic Bank For Savings Show Details
    • Initial UCC1 dated 1994-09-22, Debtor: Dadourian Export Corporation, Secured Party: Republic Bank For Savings, Assignee: Show Details
    • On 1989-09-15 a mortgage on this property was transferred from Aquarius Rentals Corp to East New York Svgs Bk. Show Details
    • Aquarius Rentals Corp took a mortgage for $475,000.00 from East New York Svgs Bk on 1989-09-15. Show Details
    • Aquarius Rentals Corp leased this property from Dadourian Export Corp on 1989-09-15 Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1989-07-27. Parties: Aquarius Rentals Corp, East New York Svgs Bk Show Details
    • On 1989-05-11 a mortgage on this property was transferred from Eastbank N.A to Manhattan Savs Bank. Show Details
    • Dadourian Export Corp Satisfied their Mortgage with 161 Canal St Corp on 1989-05-11. Show Details
    • On 1989-05-11 a mortgage on this property was transferred from Dadourian Export Corp to Manhattan Savings Bank. Show Details
    • Mortgage Agreement for $0.00 dated 1989-05-11 between Dadourian Export Corp and Manhattan Savings Bank Show Details
    • Dadourian Export Corp took a mortgage for $3,400,000.00 from Manhattan Savings Bank on 1989-05-11. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1989-05-10. Parties: Dadourian Export Corp, Manhattan Svngs Bank Show Details
    • Dadourian Export Corp & Graycliff Rlty Corp took a mortgage for $600,000.00 from Eastbank N A on 1989-01-03. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1985-07-15. Parties: Winner Sportswear Inc Show Details
    • Dadourian Export Corp took a mortgage for $0.00 from 161 Canal Street Corp on 1980-03-18. Show Details
    • 161 Canal Street Corp sold this property to Dadourian Export Corp for $0.00 on 1980-03-18. Show Details
    • 161 Canal Street Corp took a mortgage for $0.00 from Charlotte I Sprayregen on 1978-01-25. Show Details
    • Charlotte I Sprayregen sold this property to 161 Canal Street Corp for $0.00 on 1978-01-25. Show Details
    • Mortgage Agreement for $0.00 dated 1966-12-23 between Charlotte I Sprayregen and Excelsior Savings Bank Show Details

    Lot

    Address
    159 Canal St, 10013
    Square Footage
    7,512
    Lot Type
    Corner
    Dimensions
    100.0ft x 75.0ft
    BBL
    1002030002

    Neighborhood

    Neighborhood
    Chinatown
    Historic District
    N/A
    Community District
    02
    City Council
    1
    Police Precinct
    5
    Fire Company
    L006
    School District
    2
    Census Tract
    41

    Zoning

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

    Assessment

    Tax Class
    4
    MV Land
    $4,838,000
    MV Total
    $6,828,000
    AV Land
    $2,177,100
    AV Total
    $3,072,600

    Floor Area Ratio

    Built FAR
    3.92

    Residential
    Zoned FAR 3.44
    Max 25,841.28 sq. ft.
    Remaining -3,583.72 sq. ft.

    Commercial
    Zoned FAR 6.0
    Max 45,072.0 sq. ft.
    Remaining 15,647.0 sq. ft.

    Facility
    Zoned FAR 6.5
    Max 48,828.0 sq. ft.
    Remaining 19,403.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Semi-Fireproof
    Land Use
    Commercial & Office Buildings
    Buildings
    2
    Year Built
    1915
    Alterations
    N/A
    Floors
    5.0
    Residential Units
    0
    Total Units
    12
    Floor Area
    29425
    Basement
    Full Basement Below Grade
    Proximity
    Unknown

    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