162 5th Ave
Flatiron
New York, NY, 10010

Built in 1930 this 108,167 sq.ft. building is 91% Office Space, 9% Retail and contains 0 residential units and 15 non-residential units.

This property is currently Off Market.

    Transit

    • 23rd St Route NRoute R 2 Minute walk, 0.1 Miles
    • 23rd St Route 6 4 Minute walk, 0.2 Miles
    • 23rd St Route FRoute M 5 Minute walk, 0.3 Miles
    • Union Square Route LRoute NRoute QRoute RRoute 4Route 5Route 6 6 Minute walk, 0.3 Miles
    • 14th St Route FRoute LRoute MRoute 1Route 2Route 3 8 Minute walk, 0.4 Miles
    • 34th St Route BRoute DRoute FRoute MRoute NRoute QRoute R 12 Minute walk, 0.6 Miles
    • 14th St Route ARoute CRoute ERoute L 15 Minute walk, 0.8 Miles
    • 42nd St Route BRoute DRoute FRoute MRoute 7 19 Minute walk, 1.0 Miles
    • Times Square-42nd St Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 21 Minute walk, 1.1 Miles

    Schools

    • Elementary School

      • Warning: This property is located near the boundary of it's school zone.
      • P.S. 011 William T. Harris
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Robert Bender
        • Phone: 212-929-1743
        • Address: 320 West 21 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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    • Maps filed 2016-10-11 Show Details
    • Condo Declaration (Deeds And Other Conveyances) was filed on 2016-10-11. Parties: Inc. The Simons Foundation Show Details
    • Initial UCC1 dated 2016-09-06, Debtor: 162 Fifth Avenue Associates LLC, Secured Party: Manufacturers And Traders Trust Company, Assignee: Show Details
    • 162 Fifth Avenue Associates LLC took a mortgage for $25,000,000.00 from Manufacturers And Traders Trust Company on 2016-08-18. Show Details
    • Mortgage Agreement for $5,000,000.00 dated 2016-08-18 between 162 Fifth Avenue Associates LLC and Manufacturers And Traders Trust Company Show Details
    • Mortgage Agreement for $45,000,000.00 dated 2016-08-18 between 162 Fifth Avenue Associates LLC and Manufacturers And Traders Trust Company Show Details
    • Mortgage Agreement for $5,000,000.00 dated 2016-06-23 between 162 Fifth Avenue Associates LLC and Manufacturers And Traders Trust Company Show Details
    • Mortgage Agreement for $45,000,000.00 dated 2016-06-23 between 162 Fifth Avenue Associates LLC and Manufacturers And Traders Trust Company Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2016-06-13. Parties: 162 Fifth Avenue Associates LLC, Inc. The Simons Foundation Show Details
    • Initial UCC1 dated 2015-08-17, Debtor: 162 Fifth Avenue Associates LLC, Secured Party: Manufacturers And Traders Trust Company, Assignee: Show Details
    • Initial UCC1 dated 2015-08-17, Debtor: 162 Fifth Avenue Associates LLC, Secured Party: Manufacturers And Traders Trust Company, Assignee: Show Details
    • 162 Fifth Avenue Associates LLC took a mortgage for $5,000,000.00 from Manufacturers And Traders Trust Company on 2015-08-03. Show Details
    • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2015-08-17. Parties: 162 Fifth Avenue Associates LLC, Manufacturers And Traders Trust Company Show Details
    • Correction Deed filed 2015-08-17 Show Details
    • UCC3 Termination dated 2015-08-17, Debtor: 162 Fifth Avenue Associates, Secured Party: N.A. Wells Fargo Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2015-08-17. Parties: N.A. Wells Fargo Bank Show Details
    • On 2015-08-03 a mortgage on this property was transferred from N.A. Wells Fargo Bank to Manufacturers And Traders Trust Company. Show Details
    • Mortgage Agreement for $0.00 dated 2014-01-24 between National Association Wells Fargo Bank & J.P. Morgan Chase Commercial Mortgage Securities and National Association Jpmorgan Chase Bank & Berkadia Commercial Mortgage, LLC Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2010-10-29. Parties: 162 Fifth Avenue Associates LLC, Wells Fargo Bank, N.A., As Trustee For The Registe Show Details
    • The Bank Of New York sold this property to National Association Jpmorgan Chase Bank for $1,603,897.50 on 2006-10-01. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2006-07-25. Parties: 162 Fifth Avenue Associates LLC, Jpmorgan Chase Bank, NA, Wells Fargo Bank, NA Show Details
    • Initial UCC1 dated 2006-03-29, Debtor: 162 Fifth Avenue Associates LLC, Secured Party: Jpmorgan Chase Bank, Assignee: Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2006-03-10. Parties: N.A. Jpmorgan Chase Bank, N.A. As Trustee Wells Fargo Bank Show Details
    • On 2005-12-19 a mortgage on this property was transferred from N.A. Jpmorgan Chase Bank to N.A. As Trustee Wells Fargo Bank. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2005-11-07. Parties: M&T Real Estate Trust Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2005-11-07. Parties: M&T Real Estate Trust Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2005-11-07. Parties: M&T Real Estate Trust Show Details
    • An Assignment of Leases and Rents was granted to 162 Fifth Avenue Associates LLC by Jp Morgan Chase Bank or 2005-07-26 Show Details
    • Mortgage Agreement for $23,000,000.00 dated 2005-07-26 between 162 Fifth Avenue Associates LLC and Jp Morgan Chase Bank Show Details
    • 162 Fifth Avenue Associates LLC took a mortgage for $6,500,000.00 from Jp Morgan Chase Bank on 2005-07-26. Show Details
    • On 2005-07-20 a mortgage on this property was transferred from M & T Real Estate Trust to Jp Morgan Chase Bank. Show Details
    • On 2005-07-20 a mortgage on this property was transferred from M & T Real Estate Trust to Jp Morgan Chase Bank. Show Details
    • On 2005-07-20 a mortgage on this property was transferred from M & T Real Estate Trust to Jp Morgan Chase Bank. Show Details
    • 162 Associates LLC sold this property to 162 Fifth Avenue Associates LLC for $0.00 on 2005-07-26. Show Details
    • Initial UCC1 dated 2005-06-30, Debtor: 162 Associates LLC, Secured Party: Inc. M & T Real Estate, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to M&T Real Estate Trust by 162 Associates LLC or 2005-04-28 Show Details
    • 162 Associates LLC took a mortgage for $3,286,422.54 from M&T Real Estate Trust on 2005-04-28. Show Details
    • Mortgage Agreement for $1,903,128.45 dated 2005-04-01 between 162 Associates LLC and Successor In Interest M&T Real Estate Trust & Inc. M&T Real Estate Trust Show Details
    • Mortgage Agreement for $11,310,449.01 dated 2005-04-01 between 162 Associates LLC and Successor In Interest M&T Real Estate Trust & Inc. M&T Real Estate Trust Show Details
    • Initial UCC1 dated 2005-05-11, Debtor: 162 Associates LLC, Secured Party: M&T Real Estate Trust, Assignee: Show Details
    • Initial UCC1 dated 2005-04-07, Debtor: 162Associates LLC, Secured Party: Inc. M & T Real Estate, Assignee: Show Details
    • Initial UCC1 dated 2005-04-07, Debtor: 162Associates LLC, Secured Party: Inc. M & T Real Estate, Assignee: Show Details
    • Mortgage Agreement for $11,310,449.01 dated 2004-05-01 between 162 Associates LLC and M & T Real Estate Trust Show Details
    • Mortgage Agreement for $1,903,128.45 dated 2004-05-01 between 162 Associates LLC and M & T Real Estate Trust Show Details
    • An Assignment of Leases and Rents was granted to 162 Associates LLC by M & T Real Estate or 2002-11-01 Show Details
    • Mortgage Agreement for $0.00 dated 2002-11-01 between 162 Associates LLC and M & T Real Estate Show Details
    • Cancellation of Assignment of Leases and Rents was filed on 2003-04-18 Show Details
    • An Assignment of Leases and Rents was granted to 162 Associates LLC by M & T Real Estate or 2002-11-01 Show Details
    • Mortgage Agreement for $0.00 dated 2002-11-01 between 162 Associates LLC and M & T Real Estate Show Details
    • Cancellation of Assignment of Leases and Rents was filed on 2003-04-18 Show Details
    • Initial UCC1 dated 2003-04-03, Debtor: 162 Associates LLC, Secured Party: M & T Real Estate Inc., Assignee: Show Details
    • Initial UCC1 dated 2003-04-03, Debtor: 162 Associates LLC, Secured Party: M & T Real Estate Inc., Assignee: Show Details
    • On 2000-01-19 a mortgage on this property was transferred from 162 Associates LLC to Inc. M & T Real Estate. Show Details
    • Initial UCC1 dated 2000-01-19, Debtor: 162 Associates LLC, Secured Party: M&T Real Estates, INC, Assignee: Show Details
    • 162 Associates LLC took a mortgage for $2,000,000.00 from Inc. M & T Real Estate on 2000-01-19. Show Details
    • 162 Associates LLC. took a mortgage for $12,000,000.00 from M & T Real Estate Inc. on 1999-02-18. Show Details
    • On 1999-02-18 a mortgage on this property was transferred from 162 Associates LLC to M & T Real Estate Inc.. Show Details
    • Twenty-First Street& Fifth Avenue Corporation Satisfied their Mortgage with Central Savings Bankcity New York on 1999-02-18. Show Details
    • Fifth & 21St LLC & Fifth & 21St Company sold this property to 162 Associates LLC for $0.00 on 1998-12-11. Show Details
    • Initial UCC1 dated 1999-01-05, Debtor: 162 Associates LLC, Secured Party: Inc. M&T Real Estate, Assignee: Show Details
    • A Miscellaneous legal document filed on 1989-10-13. Parties: Landmarks Prsvn Cmmsn Show Details
    • On 1984-01-31 a mortgage on this property was transferred from Emigrant Savings Bank to Bernard H. Kayden. Show Details
    • Mortgage Agreement for $0.00 dated 1981-04-24 between Fifth & 21St Co and Broadway Savings Bnkfka & Emigrant Savings Bank Show Details
    • Mortgage Agreement for $0.00 dated 1975-11-06 between Strawman Corp and Prudential Savings Bank Show Details
    • Strawman Corp sold this property to Fifth & 21 St Co for $0.00 on 1975-11-03. Show Details
    • Fifth & 21 St Co sold this property to Strawman Corp for $0.00 on 1975-10-20. Show Details
    • Straw Nom Corporation sold this property to Fifth & 21St Company for $0.00 on 1970-05-25. Show Details
    • Mortgage Agreement for $0.00 dated 1970-05-25 between Straw Nom Corporation and Broadway Savings Bank Show Details
    • Fifth & 21St Company sold this property to Straw Nom Corporation for $0.00 on 1970-05-25. Show Details
    • Ronray Realty Co Inc sold this property to Fifth & 21St Company for $0.00 on 1968-04-03. Show Details

    Lot

    Address
    162 5th Ave, 10010
    Square Footage
    10,100
    Lot Type
    Corner
    Dimensions
    63.5ft x 145.0ft
    BBL
    1008230037

    Neighborhood

    Neighborhood
    Flatiron
    Historic District
    Ladies' Mile
    Community District
    05
    City Council
    3
    Police Precinct
    13
    Fire Company
    E014
    School District
    2
    Census Tract
    58

    Zoning

    Zoning District
    C6-4M
    Commercial Overlay
    N/A
    Split Zoning
    Yes
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $4,000,000
    MV Total
    $39,734,000
    AV Land
    $1,800,000
    AV Total
    $17,880,300

    Floor Area Ratio

    Built FAR
    10.71

    Residential
    Zoned FAR 10.0
    Max 101,000.0 sq. ft.
    Remaining -7,167.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 101,000.0 sq. ft.
    Remaining -7,167.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 101,000.0 sq. ft.
    Remaining -7,167.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Bank Building - Designed Exclusively For Banking
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1930
    Alterations
    N/A
    Floors
    11.0
    Residential Units
    0
    Total Units
    15
    Floor Area
    108167
    Basement
    Full Basement Below Grade
    Proximity
    Attached

    Crime

    This property is located in the 13th Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the 13th Precinct saw 1756 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 13th Precinct saw 390 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