161 Bowery

Built in 1920 this 18,914 sq.ft. building is 26% Storage, 24% Residential, 24% Factory, 25% Other and contains 2 residential units and 5 non-residential units.

This property is currently Off Market.

    Transit

    • Bowery Route JRoute Z 1 Minute walk, 0.1 Miles
    • Grand St Route BRoute D 3 Minute walk, 0.1 Miles
    • Spring St Route 6 5 Minute walk, 0.3 Miles
    • 2nd Av Route F 7 Minute walk, 0.4 Miles
    • Delancey St Route FRoute JRoute MRoute Z 8 Minute walk, 0.4 Miles
    • Prince St Route NRoute R 9 Minute walk, 0.5 Miles
    • Spring St Route CRoute E 14 Minute walk, 0.7 Miles
    • Canal St Route 1 16 Minute walk, 0.8 Miles
    • 3rd Av Route L 21 Minute walk, 1.1 Miles

    Schools

    • Elementary School

      • Warning: This property is located near the boundary of it's school zone.
      • P.S. 042 Benjamin Altman
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: May Lee
        • Phone: 212-226-8410
        • Address: 71 Hester 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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    • Ac Bowery Owner, LLC took a mortgage for $2,000,000.00 from N.A. Bankunited on 2014-06-13. Show Details
    • An Assignment of Leases and Rents was granted to Ac Bowery Owner, LLC by N.A. Bankunited or 2014-06-13 Show Details
    • Mortgage Agreement for $6,000,000.00 dated 2014-06-13 between Ac Bowery Owner, LLC and N.A. Bankunited Show Details
    • Ac Bowery Owner, LLC took a mortgage for $4,780,227.11 from N.A. Bankunited on 2014-06-13. Show Details
    • On 2014-06-13 a mortgage on this property was transferred from Artemis Bowery Member, LLC to N.A. Bankunited. Show Details
    • Initial UCC1 dated 2014-06-18, Debtor: Ac Bowery Owner, LLC, Secured Party: N.A. Bankunited, Assignee: Show Details
    • UCC3 Termination dated 2014-05-21, Debtor: 161 Bowery LLC, Secured Party: Hsbc Realty Credit Corporation (Usa), Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2014-05-21. Parties: Hsbc Realty Credit Corporation (Usa), 161 Bowery LLC Show Details
    • On 2014-05-12 a mortgage on this property was transferred from Hsbc Realty Credit Corporation (Usa) to Artemis Bowery Member LLC. Show Details
    • 161 Bowery LLC sold this property to Ac Bowery Owner, LLC for $12,750,000.00 on 2014-05-12. Show Details
    • UCC3 Termination dated 2011-07-05, Debtor: 161 Bowery LLC, Secured Party: Hsbc Realty Credit Corporation (Usa), Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2011-07-05. Parties: Hsbc Realty Credit Corporation (Usa), 161 Bowery LLC Show Details
    • 161 Bowery LLC Satisfied their Mortgage with Hsbc Realty Credit Corporation (Usa) on 2011-06-22. Show Details
    • Initial UCC1 dated 2011-07-05, Debtor: 161 Bowery LLC, Secured Party: Hsbc Realty Credit Corporation (Usa), Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 161 Bowery LLC by Hsbc Realty Credit Corporation (Usa) or 2011-06-23 Show Details
    • 161 Bowery LLC took a mortgage for $1,338,612.00 from Hsbc Realty Credit Corporation (Usa) on 2011-06-23. Show Details
    • 161 Bowery LLC & 178 Bowery LLC sold this property to 161 Bowery LLC for $0.00 on 2011-05-18. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2008-12-17. Parties: 161 Bowery LLC, Hsbc Bank Usa Show Details
    • Mortgage Agreement for $1,687,500.00 dated 2005-06-22 between Hsbc Realty Credit Corporation and 161 Bowery LLC Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2004-04-15. Parties: Show Details
    • An Assignment of Leases and Rents was granted to Hsbc Realty Credit Corporation (Usa) by 161 Bowery LLC or 2004-01-13 Show Details
    • Mortgage Agreement for $1,800,000.00 dated 2004-01-13 between 161 Bowery LLC and Hsbc Realty Credit Corporation (Usa) Show Details
    • 161 Bowery LLC took a mortgage for $1,392,834.80 from Hsbc Realty Credit Corporation (Usa) on 2004-01-13. Show Details
    • On 2004-01-12 a mortgage on this property was transferred from The Chinese American Bank to Hsbc Realty Credit Corporation (Usa). Show Details
    • Initial UCC1 dated 2004-02-05, Debtor: 161 Bowery LLC, Secured Party: Hsbc Bank Usa, Assignee: Show Details
    • UCC3 Termination dated 2004-02-05, Debtor: 161 Bowery LLC, Secured Party: The Chinese American Bank, Assignee: Show Details
    • Initial UCC1 dated 2003-12-05, Debtor: 161 Bowery LLC, Secured Party: The Chinese American Bank, Assignee: Show Details
    • 161 Bowery LLC took a mortgage for $770,000.00 from Chinese American Bank on 1998-07-28. Show Details
    • On 1998-07-28 a mortgage on this property was transferred from 161 Bowery LLC to Chinese American Bank. Show Details
    • Shulen Realty Corp. sold this property to 161 Boowery LLC. for $0.00 on 1997-12-29. Show Details
    • Shulen Realty Corp. Satisfied their Mortgage with Great Eastern Bank on 1998-07-02. Show Details
    • Shulen Realty Corp. Satisfied their Mortgage with Great Eastern Bank on 1998-07-02. Show Details
    • Shulen Realty Corp. Satisfied their Mortgage with Great Eastern Bank on 1998-07-02. Show Details
    • Initial UCC1 dated 1998-05-05, Debtor: 161 Bowery LLC, Secured Party: The Chinese Americanbank, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1996-09-25 between Great Eastern Bank and Shulen Realty Corp Show Details
    • Mortgage Agreement for $0.00 dated 1996-09-25 between Great Eastern Bank and Shulen Realty Corp Show Details
    • Shulen Realty Corp took a mortgage for $199,000.00 from Great Eastern Bank on 1995-04-14. Show Details
    • Shulen Realty Corp. took a mortgage for $300,000.00 from Great Eastern Bank on 1995-04-07. Show Details
    • Shulen Realty Corp took a mortgage for $550,000.00 from Great Eastern Bank on 1991-09-09. Show Details
    • Shulen Rlty Corp. Satisfied their Mortgage with Wah Men Rlty Corp. on 1991-09-09. Show Details
    • Wah Men Rlty Corp. Satisfied their Mortgage with Sylvia Hoffenberg & Hyman Ziegman on 1991-09-09. Show Details
    • Initial UCC1 dated 1991-09-03, Debtor: Shulen Realty Corp., Secured Party: Great Eastern Bank, Assignee: Show Details
    • A Miscellaneous legal document filed on 1981-09-24. Parties: Sylvia Hoffenberg & Hyman Ziegman Show Details
    • Shulen Realty Corp took a mortgage for $0.00 from Wah Men Realty Corp on 1981-09-18. Show Details
    • Wah Men Realty Corp sold this property to Shulen Realty Corp for $0.00 on 1981-09-18. Show Details
    • Wah Men Realty Corp took a mortgage for $0.00 from Sylvia Hoffenberg & Hyman Ziegman on 1980-07-02. Show Details
    • Sylvia Hoffenberg & Hyman Ziegman sold this property to Wah Men Realty Corp for $0.00 on 1980-07-02. Show Details
    • Anna Ex Ziegman sold this property to Sylvia Hoffenberg & Hyman Ziegman for $0.00 on 1970-01-09. Show Details

    Lot

    Address
    161 Bowery, 10002
    Square Footage
    2,664
    Lot Type
    Inside
    Dimensions
    23.33ft x 114.83ft
    BBL
    1004240006

    Neighborhood

    Neighborhood
    Lower East Side
    Historic District
    N/A
    Community District
    03
    City Council
    1
    Police Precinct
    5
    Fire Company
    L006
    School District
    2
    Census Tract
    18

    Zoning

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

    Assessment

    Tax Class
    4
    MV Land
    $700,000
    MV Total
    $2,991,000
    AV Land
    $315,000
    AV Total
    $1,345,950

    Floor Area Ratio

    Built FAR
    7.1

    Residential
    Zoned FAR 3.44
    Max 9,164.16 sq. ft.
    Remaining -9,749.84 sq. ft.

    Commercial
    Zoned FAR 6.0
    Max 15,984.0 sq. ft.
    Remaining -2,930.0 sq. ft.

    Facility
    Zoned FAR 6.5
    Max 17,316.0 sq. ft.
    Remaining -1,598.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Bank Building - Designed Exclusively For Banking
    Land Use
    Industrial & Manufacturing Buildings
    Buildings
    1
    Year Built
    1920
    Alterations
    N/A
    Floors
    7.0
    Residential Units
    2
    Total Units
    7
    Floor Area
    18914
    Basement
    Full Basement Below Grade
    Proximity
    Attached

    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