16 Bank St
West Village
New York, NY, 10014

Built in 1915 this 2,614 sq.ft. building is 79% Residential, 21% Retail and contains 6 residential units and 1 non-residential units.

This property is currently Off Market.

    Transit

    • 14th St Route FRoute LRoute MRoute 1Route 2Route 3 3 Minute walk, 0.1 Miles
    • West 4th St Route ARoute BRoute CRoute DRoute ERoute FRoute M 6 Minute walk, 0.3 Miles
    • 8th St Route NRoute R 14 Minute walk, 0.7 Miles
    • 8th Av Route ARoute CRoute ERoute L 5 Minute walk, 0.3 Miles

    Schools

    • Elementary School

      • P.S. 041 Greenwich Village
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Kelly Shannon
        • Phone: 212-675-2756
        • Address: 116 West 11 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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    • UCC3 Termination dated 2013-06-14, Debtor: Waverly Development Associates LLC, Secured Party: M & T Real Estate Trust, Assignee: Show Details
    • Initial UCC1 dated 2013-06-14, Debtor: Waverly Development Associates LLC, Secured Party: People'S United Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Waverly Development Associates LLC by Peoples United Bank or 2013-04-29 Show Details
    • Mortgage Agreement for $1,100,000.00 dated 2013-04-29 between Waverly Development Associates LLC and Peoples United Bank Show Details
    • Waverly Development Associates LLC took a mortgage for $110,298.54 from Peoples United Bank on 2013-04-29. Show Details
    • On 2013-04-29 a mortgage on this property was transferred from M & T Real Estate Trust to Peoples United Bank. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2013-06-14. Parties: Brownstone Development Associates LLC & Village Development Associates LLC & Waverly Development Associates LLC, M & T Real Estate Trust Show Details
    • Mortgage Agreement for $1,055,887.79 dated 2010-03-01 between Waverly Development Associates LLC and M & T Real Estate Trust Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2010-01-06. Parties: Waverly Development Associates LLC, M&T Real Estate Trust Show Details
    • Initial UCC1 dated 2005-05-23, Debtor: Waverly Development Associates LLC, Secured Party: Inc. M&T Real Estate, Assignee: Show Details
    • Mortgage Agreement for $1,145,874.73 dated 2005-03-01 between Waverly Development Associates LLC & Village Development Associates LLC & Brownstone Development Associates LLC and M&T Real Estate Trust & Inc. S/I/I M&T Real Estate Show Details
    • Initial UCC1 dated 2002-05-14, Debtor: Waverly Developmentassociates LLC, Secured Party: Inc. M&T Real Estate, Assignee: Show Details
    • A Miscellaneous legal document filed on 2002-05-09. Parties: Inc. M&T Real Estate Show Details
    • Initial UCC1 dated 1999-01-28, Debtor: Ye Waverly Inn 1993Inc., Secured Party: At&T Small Businesslending Corporation, Assignee: Show Details
    • A Miscellaneous legal document filed on 1998-07-20. Parties: Manufacturers And Traders Trust Company Show Details
    • On 1998-07-20 a mortgage on this property was transferred from Brownstone Development Associates, LLC & Village Developmentassociates, LLC & Waverly Developmentassociates, LLC to Inc. M&T Real Estate. Show Details
    • Mortgage Agreement for $0.00 dated 1998-07-20 between Brownstone Development Associates, LLC & Village Developmentassociates, LLC & Waverly Developmentassociates, LLC and Inc. M&T Real Estate Show Details
    • On 1998-07-20 a mortgage on this property was transferred from Manufacturers And Traders Trust Company to Inc. M&T Real Estate. Show Details
    • Initial UCC1 dated 1997-12-12, Debtor: Waverly Developmentassociates, LLC, Secured Party: M & T Real Estate, INC, Assignee: Show Details
    • Initial UCC1 dated 1993-10-20, Debtor: Ye Waverly Inn 1993Inc, Secured Party: Ye Waverly Restaurant Inc, Assignee: Show Details
    • On 1993-03-26 a mortgage on this property was transferred from Village Devel Associates & Waverly Devel Associates & Brownstone Devel Assoc to East New York Svgs Bk. Show Details
    • Mortgage Agreement for $0.00 dated 1993-03-26 between Village Devel Associates & Waverly Devel Associates & Brownstone Devel Assoc and East New York Savings Bk Show Details
    • Waverly Develpmnt Assc & Village Develpmnt Assoc & Brownstone Devlmnt Assoc took a mortgage for $103,270.81 from East New York Savings Bk on 1993-03-26. Show Details
    • On 1993-03-26 a mortgage on this property was transferred from Lutheran Cemetery to East New York Savings Bk. Show Details
    • Mortgage Agreement for $0.00 dated 1986-10-03 between Lutheran Cemetery and Waverly Dvlpmnt Assoc. Show Details
    • Waverly Developmt Assoc. took a mortgage for $322,333.56 from Lutheran Cenetery on 1986-10-03. Show Details
    • Mortgage Agreement for $0.00 dated 1981-10-05 between Waverly Developmt Assoc and Lutheran Cemetery Show Details
    • Waverly Developmt Assoc took a mortgage for $0.00 from Lutheran Cemetery on 1981-09-15. Show Details
    • 16181618 Ltd sold this property to Waverly Developmentassc for $0.00 on 1976-09-10. Show Details
    • Mortgage Agreement for $0.00 dated 1976-09-10 between 16181618 Ltd and Lutheran Cemetery Show Details
    • On 1976-09-10 a mortgage on this property was transferred from Citizens S/L Assoc Of Ny to Lutheran Cemetery. Show Details
    • 16181618 Ltd took a mortgage for $0.00 from Lutheran Cemetery on 1976-09-10. Show Details
    • Dayfell Realty Corp sold this property to 16181618 Ltd for $0.00 on 1976-09-10. Show Details
    • A Miscellaneous legal document filed on 1969-04-29. Parties: Greenwich Vllg Hstrcdst Show Details
    • Dayfell Realty Corp took a mortgage for $0.00 from Woodside S/L Association on 1967-11-08. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Aug. 30, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: Waverly Development Associates Llc, 50 Bank #OFFICE, New York, NY 10014
    • Managing Agent: Superior Management Incorporated, Adam Nagin, 50 Bank Street #OFFICE, New York, NY 10014
    • Head Officer: Laurance Nagin, 50 Bank Street #OFFICE, New York, NY 10014
    • Officer: Kenneth Nagin, 50 Bank Street #OFFICE, New York, NY 10014
    • Shareholder: Laurance Nagin, 50 Bank Street #OFFICE, New York, NY 10014
    • Shareholder: Kenneth Nagin, 50 Bank Street #OFFICE, New York, NY 10014
    • Site Manager: Dulo Kurmemovic,

    Lot

    Address
    16 Bank St, 10014
    Square Footage
    1,462
    Lot Type
    Corner
    Dimensions
    19.5ft x 75.0ft
    BBL
    1006140024

    Neighborhood

    Neighborhood
    West Village
    Historic District
    Greenwich Village
    Community District
    02
    City Council
    3
    Police Precinct
    6
    Fire Company
    Q018
    School District
    2
    Census Tract
    77

    Zoning

    Zoning District
    R6
    Commercial Overlay
    N/A
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    2B
    MV Land
    $658,000
    MV Total
    $1,705,000
    AV Land
    $121,147
    AV Total
    $313,914

    Floor Area Ratio

    Built FAR
    1.79

    Residential
    Zoned FAR 2.43
    Max 3,552.66 sq. ft.
    Remaining 938.66 sq. ft.

    Commercial
    Zoned FAR 0.0
    Max 0.0 sq. ft.
    Remaining 0 sq. ft.

    Facility
    Zoned FAR 4.8
    Max 7,017.6 sq. ft.
    Remaining 4,403.6 sq. ft.

    Building

    Category
    Residence - Multiple Use
    Class
    Primarily 5-6 Family With 1 Store Or Office
    Land Use
    Mixed Residential & Commercial Buildings
    Buildings
    1
    Year Built
    1915
    Alterations
    N/A
    Floors
    3.0
    Residential Units
    6
    Total Units
    7
    Floor Area
    2614
    Basement
    Full Basement Above Grade
    Proximity
    Semi-Attached

    Crime

    This property is located in the 6th Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the 6th Precinct saw 2062 felony property crimes (Burglary, Grand Larceny and Grand Larceny of Motor Vehicle) committed per 100,000 residents**. This is higher then the borough's property crime rate, which was 1219 over the same period.

    Violent Crime

    Low
    In 2015 the 6th Precinct saw 346 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