170 5th Ave #1
Flatiron
New York, NY, 10010

Built in 1904 this 36,827 sq.ft. building is 89% Residential, 11% Retail and contains 11 residential units and 2 non-residential units.

This property is currently Off Market.

    Transit

    • 23rd St Route NRoute R 1 Minute walk, 0.1 Miles
    • 23rd St Route 6 4 Minute walk, 0.2 Miles
    • 23rd St Route FRoute M 5 Minute walk, 0.2 Miles
    • Union Square Route LRoute NRoute QRoute RRoute 4Route 5Route 6 7 Minute walk, 0.4 Miles
    • 23rd St Route 1 8 Minute walk, 0.4 Miles
    • 14th St Route FRoute LRoute MRoute 1Route 2Route 3 9 Minute walk, 0.5 Miles
    • 23rd St Route CRoute E 11 Minute walk, 0.6 Miles
    • 14th St Route ARoute CRoute ERoute L 16 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 20 Minute walk, 1.0 Miles
    • Grand Central-42nd St Route GSRoute 4Route 5Route 6Route 7 23 Minute walk, 1.2 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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    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2014-02-06. Parties: 170 Fifth Retail Condo LLC, Rait Funding, LLC, As Trustee* Deutsche Bank Trust Company Americas Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2014-02-06. Parties: Rait Funding, LLC, As Trustee* Deutsche Bank Trust Company Americas Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2014-02-06. Parties: 170 Fifth Retail Condo LLC, Rait Cmbs Conduit Ii, LLC, Rait Funding, LLC Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2014-02-06. Parties: Rait Cmbs Conduit Ii, LLC, Rait Funding, LLC Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2014-02-06. Parties: 170 Fifth Retail Condo LLC, Rait Funding, LLC, Rait Cmbs Conduit Ii, LLC Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2014-02-06. Parties: Rait Funding, LLC, Rait Cmbs Conduit Ii, LLC Show Details
    • On 2013-12-30 a mortgage on this property was transferred from Rait Funding, LLC to As Trustee* Deutsche Bank Trust Company Americas. Show Details
    • On 2013-12-30 a mortgage on this property was transferred from Rait Cmbs Conduit Ii, LLC to Rait Funding, LLC. Show Details
    • On 2013-12-30 a mortgage on this property was transferred from Rait Funding, LLC to Rait Cmbs Conduit Ii, LLC. Show Details
    • UCC3 Termination dated 2013-11-08, Debtor: 170 Fifth Retail Condo LLC, Secured Party: Signature Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2013-11-07. Parties: Signature Bank Show Details
    • Initial UCC1 dated 2013-11-07, Debtor: 170 Fifth Retail Condo LLC, Secured Party: Rait Funding, LLC, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 170 Fifth Retail Condo LLC by Rait Funding, LLC or 2013-10-11 Show Details
    • Mortgage Agreement for $5,150,000.00 dated 2013-10-11 between 170 Fifth Retail Condo LLC and Rait Funding, LLC Show Details
    • 170 Fifth Retail Condo LLC took a mortgage for $443,992.42 from Rait Funding, LLC on 2013-10-11. Show Details
    • On 2013-10-03 a mortgage on this property was transferred from Signature Bank to Rait Funding, LLC. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2013-07-12. Parties: 170 Fifth Retail Condo LLC, Signature Bank Show Details
    • Initial UCC1 dated 2008-09-05, Debtor: 170 Fifth Retail Condo LLC, Secured Party: Signature Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 170 Fifth Retail Condo LLC by Signature Bank or 2008-08-27 Show Details
    • Mortgage Agreement for $5,000,000.00 dated 2008-08-27 between 170 Fifth Retail Condo LLC and Signature Bank Show Details
    • 170 Fifth Retail Condo LLC took a mortgage for $2,454,299.57 from Signature Bank on 2008-08-27. Show Details
    • UCC3 Termination dated 2008-09-05, Debtor: 170 Fifth Retail Condo LLC, Secured Party: Lasalle Bank National Association, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2008-09-05. Parties: Lasalle Bank National Association Show Details
    • On 2008-08-27 a mortgage on this property was transferred from Lasalle Bank National Association to Signature Bank. Show Details
    • Amended Condo Declaration (Other Documents) was filed on 2007-01-23. Parties: Inc. 170 Fifth Associates & Board Of Managers Of The Condominium Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2006-08-03. Parties: 170 Fifth Retail Condo, LLC, As Trustee Lasalle Bank National Association Show Details
    • The Sohmer Piano Building Condominium granted an easement to Inc. National Architectural Trust on 2004-12-23. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2004-03-18. Parties: 170 Fifth Retail Condo LLC, Lehman Brothers Bank, FSB, As Trustee Lasalle Bank National Association Show Details
    • On 2002-11-01 a mortgage on this property was transferred from Lehman Brothers Bank, FSB to Lasalle Bank. Show Details
    • On 2002-05-03 a mortgage on this property was transferred from Lehman Brothers Bank, FSB to Lasalle Bank National Association. Show Details
    • Mortgage Agreement for $0.00 dated 2001-10-30 between 170 Fifth Retail Condo LLC and Lehman Brothers Bank, FSB Show Details
    • Inc. 170 Fifth Associates sold this property to 170 Fifth Retail Condo LLC for $0.00 on 2001-08-14. Show Details
    • On 2001-10-30 a mortgage on this property was transferred from Unibank A/S to Investeringsselskabet Af 10.9.1993 Aps. Show Details
    • Release dated 2001-10-30 between Global Acceptance Corporation Gac Aps and Inc. 170 Fifth Associates Show Details
    • On 2001-10-30 a mortgage on this property was transferred from Investeringsselskabet Af 10.9.1993 Aps to Global Acceptance Corporation Gax Aps. Show Details
    • On 2001-10-30 a mortgage on this property was transferred from Global Acceptance Corporation to Lehman Brothers Bank, FSB. Show Details
    • On 2001-10-30 a mortgage on this property was transferred from 170 Fifth Avenue Retail Condo LLC to Lehman Brothers Bank, FSB. Show Details
    • Initial UCC1 dated 2001-09-11, Debtor: 170 Fifth Retail Condo LLC., Secured Party: Lehman Brothers' Bank FSB, Assignee: Show Details
    • A Miscellaneous legal document filed on 2001-08-30. Parties: Inc. 170 Fifth Associates Show Details
    • A Miscellaneous legal document filed on 2001-04-27. Parties: Sohmer Piano Building Condominium Show Details
    • A Miscellaneous legal document filed on 2001-04-27. Parties: Valhal Newco Inc. Show Details
    • A Miscellaneous legal document filed on 2001-04-27. Parties: Sohmer Piano Building Condominium Show Details
    • A Miscellaneous legal document filed on 2001-04-24. Parties: Inc. 170 Fifth Associates Show Details
    • A Miscellaneous legal document filed on 2001-04-24. Parties: Inc. 170 Fifth Associates Show Details
    • A Miscellaneous legal document filed on 2000-12-08. Parties: Inc. 170 Fifth Assocaites Show Details
    • Mortgage Agreement for $0.00 dated 2000-02-29 between Global Acceptance Corporation Gac Aps and Inc. 170 Fifth Associates Show Details
    • Mortgage Agreement for $0.00 dated 2000-02-29 between Global Acceptance Corporation Gac Aps and Inc. 170 Fifth Associates Show Details
    • Declaration (Other Documents) was filed on 2000-01-31. Parties: Sohmer Piano Building Show Details
    • Maps filed 2000-01-31 Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on July 19, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: The Sohmer Piano Building, 666 Broadway #12, New York, NY 10012
    • Managing Agent: The Andrews Organization, Eugene Andrews, 666 Broadway #12, Ny, NY 10012
    • Head Officer: Lynn Mangum, 170 5Th Ave #10, New York, NY 10012
    • Officer: Nick Vargas, 666 Broadway #12, New York, NY 10012
    • Site Manager: Nick Vargas,

    Building Tips

    Lot

    Address
    170 5th Ave #1, 10010
    Square Footage
    3,480
    Lot Type
    Corner
    Dimensions
    29.0ft x 120.0ft
    BBL
    1008237502
    Condo Number
    1094

    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
    $213,944
    MV Total
    $2,842,667
    AV Land
    $96,275
    AV Total
    $1,279,200

    Floor Area Ratio

    Built FAR
    10.58

    Residential
    Zoned FAR 10.0
    Max 34,800.0 sq. ft.
    Remaining -2,027.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 34,800.0 sq. ft.
    Remaining -2,027.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 34,800.0 sq. ft.
    Remaining -2,027.0 sq. ft.

    Building

    Condo Number
    1094
    Category
    Condominiums
    Class
    Retail Space
    Land Use
    Mixed Residential & Commercial Buildings
    Buildings
    1
    Year Built
    1904
    Alterations
    N/A
    Floors
    13.0
    Residential Units
    11
    Total Units
    13
    Floor Area
    36827
    Basement
    Unknown
    Proximity
    Semi-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