1955 1st Ave
East Harlem
New York, NY, 10029

Built in 2003 this 250,090 sq.ft. building is 84% Residential, 8% Garage Space, 7% Retail, 2% Other and contains 232 residential units and 5 non-residential units.

This property is currently Off Market.

    Transit

    • 103rd St Route 6 9 Minute walk, 0.5 Miles
    • 86th St Route 4Route 5Route 6 21 Minute walk, 1.1 Miles
    • 110th St-Central Park North Route 2Route 3 26 Minute walk, 1.3 Miles

    Schools

    • Elementary School

      • P.S. 050 Vito Marcantonio
        • Grades: 0K,01,02,03,04,05,06,07,08,SE
        • Principal: Ester Quinones
        • Phone: 212-860-5976
        • Address: 433 East 100 Street
        • Website: schools.nyc.gov
    • Middle School

      • Zoned to District 4. No zoned school. Contact 718-935-2383 for more information.
    • High School

      • Citywide High School Choice

    Public Records

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    • A mortgage with The City Of New York Acting By And Through Hpd was satisfied on 2016-07-05. Show Details
    • UCC3 Termination dated 2016-07-12, Secured Party: Fannie Mae And/Or Its Assigns, Assignee: Show Details
    • A mortgage agreement for $0.00 was filed on 2016-06-27 Show Details
    • Initial UCC1 dated 2016-07-08, Secured Party: Capital One Multifamily Finance, LLC Show Details
    • On 2016-06-27 a mortgage on this property was transferred from Capital One Multifamily Finance, LLC to Fannie Mae. Show Details
    • A mortgage agreement for $70,000,000.00 was filed on 2016-06-27 Show Details
    • A $25,133,287.00 mortgage was taken from Capital One Multifamily Finance, LLC on 2016-06-27. Show Details
    • Termination Of Agreement (Other Documents) was filed on 2016-07-08. Show Details
    • Termination Of Agreement (Other Documents) was filed on 2016-07-08. Show Details
    • A mortgage with Fannie Mae was satisfied on 2016-06-03. Show Details
    • On 2016-06-27 a mortgage on this property was transferred from New York City Housing Development Corporation to Capital One Multifamily Finance, LLC. Show Details
    • On 2016-06-27 a mortgage on this property was transferred from New York City Housing Development Corporation to Capital One Multifamily Finance, LLC. Show Details
    • On 2016-06-27 a mortgage on this property was transferred from Fannie Mae & As Trustee The Bank Of New York & The Bank Of New York Mellon to New York City Housing Development Corporation. Show Details
    • A mortgage agreement for $0.00 was filed on 2016-06-22 Show Details
    • UCC3 Termination dated 2016-07-08, Secured Party: Fannie Mae, Assignee: Show Details
    • UCC3 Termination dated 2016-07-08, Secured Party: New York City Housing Development Corporation, Assignee: Show Details
    • This property was sold for $103,000,000.00 on 2016-06-27. Show Details
    • A mortgage agreement for $0.00 was filed on 2016-05-19 Show Details
    • On 2016-05-19 the mortgage granted by New York City Housing Development Corporation was assumed by a new party. Show Details
    • Initial UCC1 dated 2016-06-09, Secured Party: Fannie Mae Show Details
    • On 2016-05-19 the mortgage granted by Fannie Mae was assumed by a new party. Show Details
    • A Power of Attorney associated with this address was filed on 2015-08-06 Show Details
    • This property was sold for $0.00 on 2016-05-19. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2013-06-06. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2013-06-06. Show Details
    • UCC3 Release / UCC Amendment dated 2009-03-31, Secured Party: New York City Housing Development Corporation & The Bank Of New York Mellon, Assignee: Show Details
    • Initial UCC1 dated 2008-11-28, Secured Party: Fannie Mae And/Or Its Assigns C/O Wachovia Multifa Show Details
    • Initial UCC1 dated 2008-11-28, Secured Party: New York City Housing Development Corporation Show Details
    • A mortgage agreement for $0.00 was filed on 2005-08-02 Show Details
    • A mortgage agreement for $0.00 was filed on 2005-08-01 Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2005-09-27. Show Details
    • A mortgage agreement for $0.00 was filed on 2005-09-01 Show Details
    • A mortgage agreement for $0.00 was filed on 2005-03-21 Show Details
    • A mortgage agreement for $0.00 was filed on 2005-04-21 Show Details
    • A Miscellaneous legal document filed on 2005-08-10. Show Details
    • Zoning Lot Description (Other Documents) was filed on 2005-01-10. Show Details
    • Certificate (Other Documents) was filed on 2005-01-10. Show Details
    • Assignment Of Lease (Other Documents) was filed on 2003-05-23. Show Details
    • A mortgage agreement for $0.00 was filed on 2002-11-13 Show Details
    • A mortgage agreement for $0.00 was filed on 2002-11-13 Show Details
    • A mortgage agreement for $0.00 was filed on 2002-11-13 Show Details
    • A $3,500,000.00 mortgage was taken from Nyc Hpd on 2002-11-13. Show Details
    • A mortgage agreement for $0.00 was filed on 2002-11-13 Show Details
    • A $2,750,000.00 mortgage was taken from New York City Housing Development Corporation on 2002-11-13. Show Details
    • A $44,000,000.00 mortgage was taken from Fannie Mae on 2002-11-13. Show Details
    • On 2002-11-13 a mortgage on this property was transferred from New York City Housing Development Corporation to Fannie Mae & Trustee The Bank Of New York. Show Details
    • A $44,000,000.00 mortgage was taken from New York City Housing Development Corporation on 2002-11-13. Show Details
    • A mortgage agreement for $0.00 was filed on 2002-11-13 Show Details
    • This property was sold for $1.00 on 2002-11-13. Show Details
    • A mortgage agreement for $0.00 was filed on 2002-12-13 Show Details
    • Initial UCC1 dated 2002-12-10, Secured Party: Fannie Mae Show Details
    • Initial UCC1 dated 2002-12-10, Secured Party: New York City Housing Devel Corp. Show Details
    • Initial UCC1 dated 2002-12-10, Secured Party: New York City Housing Development Corp Show Details
    • Court Order (Other Documents) was filed on 1971-12-10. Show Details
    • A Miscellaneous legal document filed on 1971-12-10. Show Details
    • A Miscellaneous legal document filed on 1969-12-11. Show Details
    • On 1968-03-19 a mortgage on this property was transferred from Remo Rigazio to Theresa Rigazio. Show Details
    • On 1968-03-18 a mortgage on this property was transferred from Joseph Rigazio to Theresa Rigazio. Show Details
    • On 1968-03-18 a mortgage on this property was transferred from Joseph Rigazio to Remo Rigazio. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Sept. 16, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: Aspen 2016 Llc, 1955 First Avenue, New York, NY 10029
    • Managing Agent: Israel Lerner, 4611 12Th Avenue, Brooklyn, NY 11219
    • Head Officer: Israel Lerner, 4611 12Th Avenue, Brooklyn, NY 11219
    • Site Manager: Aidin Ujkaj,

    Building Tips

    Lot

    Address
    1955 1st Ave, 10029
    Square Footage
    49,356
    Lot Type
    Corner
    Dimensions
    201.83ft x 250.0ft
    BBL
    1016720017

    Neighborhood

    Neighborhood
    East Harlem
    Historic District
    N/A
    Community District
    11
    City Council
    8
    Police Precinct
    23
    Fire Company
    L043
    School District
    4
    Census Tract
    164

    Zoning

    Zoning District
    R7A
    Commercial Overlay
    C2-5
    Split Zoning
    Yes
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    2
    MV Land
    $1,520,000
    MV Total
    $33,776,000
    AV Land
    $684,000
    AV Total
    $15,199,200

    Floor Area Ratio

    Built FAR
    5.07

    Residential
    Zoned FAR 4.0
    Max 197,424.0 sq. ft.
    Remaining -52,666.0 sq. ft.

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

    Facility
    Zoned FAR 4.0
    Max 197,424.0 sq. ft.
    Remaining -52,666.0 sq. ft.

    Building

    Category
    Elevator Apartments
    Class
    Elevator Apt; Fireproof With Stores
    Land Use
    Mixed Residential & Commercial Buildings
    Buildings
    1
    Year Built
    2003
    Alterations
    N/A
    Floors
    7.0
    Residential Units
    232
    Total Units
    237
    Floor Area
    250090
    Basement
    No Basement
    Proximity
    Detached

    Crime

    This property is located in the 23rd Precinct of Manhattan.

    Property Crime

    Low
    In 2015 the 23rd Precinct saw 620 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

    High
    In 2015 the 23rd Precinct saw 747 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