16 E 48th St
Midtown
New York, NY, 10017

Built in 1940 this 14,024 sq.ft. building is 71% Office Space, 29% Retail and contains 0 residential units and 4 non-residential units.

This property is currently Off Market.

    Transit

    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute M 5 Minute walk, 0.2 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute MRoute 7 6 Minute walk, 0.3 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 7 Minute walk, 0.4 Miles
    • 49th St Route NRoute QRoute R 9 Minute walk, 0.5 Miles
    • 50th St Route 1 10 Minute walk, 0.5 Miles
    • 50th St Route CRoute E 13 Minute walk, 0.7 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 14 Minute walk, 0.7 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

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    • Mortgage Agreement for $5,836,968.75 dated 2016-12-30 between Kh 48 LLC and 1248 Associates LLC Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2017-01-06. Parties: Kh 48 LLC, 1248 Associates LLC Show Details
    • Zoning Lot Description (Other Documents) was filed on 2017-01-06. Parties: 1248 Associates LLC Show Details
    • Certificate (Other Documents) was filed on 2017-01-06. Parties: Royal Abstract Of New York LLC Show Details
    • Mortgage Agreement for $0.00 dated 2015-12-23 between Kh 48 LLC and 1248 Property LLC Show Details
    • Meygrand Associates granted an easement to Kh48 LLC on 2001-12-04. Show Details
    • Meygrand Associates granted an easement to Kh48 LLC on 2001-12-04. Show Details
    • Initial UCC1 dated 2001-10-19, Debtor: Services Mangia Inc., Secured Party: Sierra Credit Corp., Assignee: Show Details
    • 115 West 47Th Streetcorp. sold this property to 48 LLC for $0.00 on 1998-06-01. Show Details
    • Discharge Of Tax Lien (Other Documents) was filed on 1998-08-07. Parties: Bank Of New York Show Details
    • Inc. Camp Fire Girls Satisfied their Mortgage with Greenwich Savings Bank on 1998-08-07. Show Details
    • Inc. Lancaster Associates Satisfied their Mortgage with John C. Newington on 1998-08-07. Show Details
    • Tax Lien Sale Certificate (Other Documents) was filed on 1996-06-12. Parties: Bank Of New York, Bank Of New York Show Details
    • 115 West 47 St Corp leased this property from 16 East 48 St Corp on 1989-10-12 Show Details
    • Mortgage Agreement for $0.00 dated 1976-10-27 between 115 West 47Th St Corp and Christopher Inc Show Details
    • The Clybert Corp sold this property to 115 W 47Th Str Corp. for $0.00 on 1968-01-05. Show Details
    • Frederick Brown Inc sold this property to Clybert Corp for $0.00 on 1967-10-05. Show Details
    • Frederick Brown took a mortgage for $0.00 from Christopher Inc on 1967-05-01. Show Details
    • Frederick Brown Inc took a mortgage for $0.00 from Christopher Inc on 1966-11-21. Show Details
    • Lancaster Assoc Inc sold this property to Federick Brown Inc for $0.00 on 1966-09-23. Show Details
    • On 1966-09-01 a mortgage on this property was transferred from Newington John C to Christopher Inc. Show Details
    • Lancaster Ass Inc took a mortgage for $0.00 from Newington John C on 1966-09-01. Show Details
    • Newington John C sold this property to Lancster Ass Inc for $0.00 on 1966-09-01. Show Details
    • Christopher Inc sold this property to Newington John C for $0.00 on 1966-09-01. Show Details

    Lot

    Address
    16 E 48th St, 10017
    Square Footage
    2,513
    Lot Type
    Inside
    Dimensions
    25.0ft x 100.42ft
    BBL
    1012830061

    Neighborhood

    Neighborhood
    Midtown
    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    18
    Fire Company
    L004
    School District
    2
    Census Tract
    94

    Zoning

    Zoning District
    C5-2.5
    Commercial Overlay
    N/A
    Split Zoning
    Yes
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $1,140,000
    MV Total
    $4,507,000
    AV Land
    $513,000
    AV Total
    $2,028,150

    Floor Area Ratio

    Built FAR
    5.58

    Residential
    Zoned FAR 10.0
    Max 25,130.0 sq. ft.
    Remaining 11,106.0 sq. ft.

    Commercial
    Zoned FAR 12.0
    Max 30,156.0 sq. ft.
    Remaining 16,132.0 sq. ft.

    Facility
    Zoned FAR 12.0
    Max 30,156.0 sq. ft.
    Remaining 16,132.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Bank Building - Designed Exclusively For Banking
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1940
    Alterations
    N/A
    Floors
    7.0
    Residential Units
    0
    Total Units
    4
    Floor Area
    14024
    Basement
    Full Basement Below Grade
    Proximity
    Attached

    Crime

    This property is located in the Midtown North Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the Midtown North Precinct saw 3618 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

    High
    In 2015 the Midtown North Precinct saw 603 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