1987 3rd Ave
East Harlem
New York, NY, 10029

Built in 1900 this 5,400 sq.ft. building is 78% Residential, 22% Retail and contains 6 residential units and 3 non-residential units.

This property is currently Off Market.

    Transit

    • 110th St Route 6 2 Minute walk, 0.1 Miles
    • 110th St-Central Park North Route 2Route 3 13 Minute walk, 0.7 Miles
    • 125th St Route 4Route 5Route 6 17 Minute walk, 0.9 Miles
    • Cathedral Parkway-110th St Route BRoute C 20 Minute walk, 1.0 Miles

    Schools

    • Elementary School

      • P.S. 083 Luis Munoz Rivera
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Frances Castillo
        • Phone: 212-860-5847
        • Address: 219 East 109 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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    • Termination Of Assign Of L&R (Other Documents) was filed on 2015-10-06. Parties: 1991 Emmut Properties, LLC, Valley National Bank Show Details
    • 1991 Emmut Properties, LLC Satisfied their Mortgage with Valley National Bank on 2015-09-24. Show Details
    • UCC3 Termination dated 2015-08-03, Debtor: 1991 Emmut Properties LLC, Secured Party: Valley National Bank, Assignee: Show Details
    • 1991 Emmut Properties LLC Satisfied their Mortgage with Valley National Bank on 2015-04-24. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2015-08-03. Parties: 1991 Emmut Properties LLC, Valley National Bank Show Details
    • UCC3 Termination dated 2015-08-03, Debtor: 1991 Emmut Properties LLC, Secured Party: Valley National Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2015-08-03. Parties: 1991 Emmut Properties LLC, Valley National Bank Show Details
    • An Assignment of Leases and Rents was granted to 1989 3 Ave LLC by Cathay Bank or 2015-06-18 Show Details
    • Mortgage Agreement for $8,000,000.00 dated 2015-06-18 between 1989 3 Ave LLC and Cathey Bank Show Details
    • On 2015-06-04 a mortgage on this property was transferred from Valley National Bank to Cathay Bank. Show Details
    • 1989 3 Ave LLC took a mortgage for $6,285,214.38 from Cathay Bank on 2015-06-18. Show Details
    • 1991 Emmut Properties LLC sold this property to 1989 3 Ave LLC for $16,000,000.00 on 2015-06-18. Show Details
    • Initial UCC1 dated 2015-07-01, Debtor: 1989 3Ave LLC, Secured Party: Cathay Bank, Assignee: Show Details
    • Certificate (Other Documents) was filed on 2014-09-02. Parties: 1991 Emmut Properties LLC, Valley National Bank Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2014-08-19. Parties: New York Community Bank, 1985 Third Avenue LLC Show Details
    • UCC3 Termination dated 2014-08-19, Debtor: 1985 Third Avenue LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • Initial UCC1 dated 2014-08-19, Debtor: 1991 Emmut Properties LLC, Secured Party: Valley National Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 1991 Emmut Properties LLC by Valley National Bank or 2014-08-07 Show Details
    • Mortgage Agreement for $1,715,000.00 dated 2014-08-07 between 1991 Emmut Properties LLC and Valley National Bank Show Details
    • 1991 Emmut Properties LLC took a mortgage for $965,487.82 from Valley National Bank on 2014-08-07. Show Details
    • On 2014-08-07 a mortgage on this property was transferred from New York Community Bank to Valley National Bank. Show Details
    • 1985 Third Avenue LLC sold this property to 1991 Emmut Properties LLC for $2,250,000.00 on 2014-08-07. Show Details
    • UCC3 Termination dated 2014-01-13, Debtor: 1987 Third Avenue LLC, Secured Party: National Association Capital One, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2014-01-13. Parties: North Fork Bank & National Association Capital One, 987 Third Avenue, LLC Show Details
    • Initial UCC1 dated 2014-01-13, Debtor: 1991 Emmut Properties LLC, Secured Party: Valley National Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 1991 Emmut Properties LLC by Valley National Bank or 2013-12-19 Show Details
    • Mortgage Agreement for $5,250,000.00 dated 2013-12-19 between 1991 Emmut Properties LLC and Valley National Bank Show Details
    • 1991 Emmut Properties LLC took a mortgage for $3,860,302.63 from Valley National Bank on 2013-12-19. Show Details
    • 1987 Third Avenue LLC sold this property to 1991 Emmut Properties LLC for $7,500,000.00 on 2013-12-19. Show Details
    • Development Rights (Deeds And Other Conveyances) was filed on 2014-01-13. Parties: 1985 Third Avenue LLC, 1987 Third Avenue LLC Show Details
    • Consent (Other Documents) was filed on 2014-01-13. Parties: Valley National Bank Show Details
    • Consent (Other Documents) was filed on 2014-01-13. Parties: New York Community Bank Show Details
    • A Miscellaneous legal document filed on 2014-01-13. Parties: 1987 Third Avenue, LLC Show Details
    • On 2013-12-11 a mortgage on this property was transferred from North Fork Bank & National Association Capital One to Valley National Bank. Show Details
    • Certificate (Other Documents) was filed on 2013-07-11. Parties: The Seaport Title Agency Ltd, North Fork Bank & New York Community Bank & Capital One Bank N.A. & 1985 Third Avenue LLC & 1987 Third Avenue LLC Show Details
    • Zoning Lot Description (Other Documents) was filed on 2013-07-11. Parties: 1985 Third Avenue LLC & 1987 Third Avenue LLC Show Details
    • Initial UCC1 dated 2011-09-23, Debtor: 1985 Third Avenue LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • Initial UCC1 dated 2004-11-01, Debtor: 1985 Third Avenue LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to New York Community Bank by 1985 Third Avenue LLC or 2004-09-21 Show Details
    • Mortgage Agreement for $900,000.00 dated 2004-09-21 between 1985 Third Avenue LLC and New York Community Bank Show Details
    • 1985 Third Avenue LLC took a mortgage for $591,683.98 from New York Community Bank on 2004-09-21. Show Details
    • On 2004-09-13 a mortgage on this property was transferred from Gay Cropper to New York Community Bank. Show Details
    • 1985 3Rd Ave. Bldg. Corp. sold this property to 1985 Third Avenue LLC for $1,300,000.00 on 2004-09-21. Show Details
    • UCC3 Release / UCC Amendment dated 2004-07-16, Debtor: Group Ten Inc, Secured Party: M & T Real Estate Inc, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2004-07-16. Parties: M & T Real Estate Inc Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2004-07-16. Parties: M & T Real Estate Inc, Group Ten Inc Show Details
    • An Assignment of Leases and Rents was granted to North Fork Bank by 1987 Third Avenue LLC or 2003-12-17 Show Details
    • Mortgage Agreement for $1,750,000.00 dated 2003-12-17 between 1987 Third Avenue LLC and North Fork Bank Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2004-03-05. Parties: North Fork Bank Show Details
    • Initial UCC1 dated 2004-01-23, Debtor: 1987 Third Avenue LLC, Secured Party: North Fork Bank, Assignee: Show Details
    • Gay Cropper sold this property to 1985 3Rd Ave. Bldg.Corp. for $0.00 on 2001-11-30. Show Details
    • Evaristo Silvestre & 1985 3Rd Ave. Bldg.Corp. took a mortgage for $375,000.00 from Gay Cropper on 2001-12-06. Show Details
    • Initial UCC1 dated 1997-07-29, Debtor: 1987 Third Avenue LLC, Secured Party: L.P. Titan Management, Assignee: Show Details
    • Initial UCC1 dated 1997-04-16, Debtor: Gay Cropper, Secured Party: Inc. M&T Real Estate, Assignee: Show Details
    • Inc. Group Ten & Gay Cropper took a mortgage for $252,774.94 from Inc. M & T Real Estate on 1997-03-18. Show Details
    • Release Of Estate Tax Lien (Other Documents) was filed on 1997-03-18. Parties: Harry Estate Of Cropper Show Details
    • On 1997-03-18 a mortgage on this property was transferred from Inc. Group Ten & Gay Cropper to Inc. M & T Real Estate. Show Details
    • Mortgage Agreement for $0.00 dated 1997-03-18 between Inc. Group Ten & Gay Cropper and Inc. M & T Real Estate Show Details
    • On 1997-03-18 a mortgage on this property was transferred from First National Bankof Chicago As Trustee to Inc. M & T Real Estate. Show Details
    • Resolution Trust Corporation was granted Power of Attorney for Banc One Managementand Consulting Corporation on 1997-03-18 Show Details
    • On 1996-11-07 a mortgage on this property was transferred from American Savings Andloan Association to First National Bankof Chicago Trustee. Show Details
    • Harry Estate Of Cropper & Harry L/W/T Cropper sold this property to Gay Cropper for $0.00 on 1996-01-24. Show Details
    • Avnit Equities & Devcp took a mortgage for $610,000.00 from Asia Bank N A on 1988-08-22. Show Details
    • 1989 Third Ave Corp sold this property to Avnit Equities &Dvletal for $0.00 on 1988-08-15. Show Details
    • Harry Cropper took a mortgage for $175,000.00 from American S&L Assn on 1987-09-02. Show Details
    • Harry Cropper Satisfied their Mortgage with Bradford N. Swett on 1987-09-02. Show Details
    • Welford Rlty Inc Satisfied their Mortgage with Eskay Properties Inc on 1987-03-19. Show Details
    • Eskay Properties Inc Satisfied their Mortgage with Ponce De Leon Fd Svbank on 1986-07-30. Show Details
    • Cropper Harry took a mortgage for $27,600.00 from Bradford N. Swett on 1982-06-01. Show Details
    • Emil Braun & Bradford N. Swett sold this property to Harry Cropper for $0.00 on 1982-05-26. Show Details
    • Welford Realty Inc sold this property to Bradford Swett & Emil Braun for $0.00 on 1981-12-28. Show Details
    • Welford Realty, INC took a mortgage for $0.00 from Eskay Properties Coinc on 1981-12-28. Show Details
    • Eskay Properties Coinc sold this property to Welford Realty Inc for $0.00 on 1981-12-28. Show Details
    • Eskay Properties Inc took a mortgage for $0.00 from Ponce De Leon Fed S/L on 1977-08-25. Show Details
    • Eskay Properties Coinc took a mortgage for $0.00 from Ponce De Leon Fedl S/La on 1967-09-26. Show Details
    • Frs Properties Co Inc sold this property to Eskay Properties Coinc for $0.00 on 1967-09-26. Show Details

    Building Tips

    Lot

    Address
    1987 3rd Ave, 10029
    Square Footage
    1,474
    Lot Type
    Corner
    Dimensions
    19.92ft x 74.0ft
    BBL
    1016590001

    Neighborhood

    Neighborhood
    East Harlem
    Historic District
    N/A
    Community District
    11
    City Council
    8
    Police Precinct
    23
    Fire Company
    E091
    School District
    4
    Census Tract
    180

    Zoning

    Zoning District
    R8A
    Commercial Overlay
    C1-5
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $370,000
    MV Total
    $747,000
    AV Land
    $62,860
    AV Total
    $126,909

    Floor Area Ratio

    Built FAR
    3.66

    Residential
    Zoned FAR 6.0
    Max 8,844.0 sq. ft.
    Remaining 3,444.0 sq. ft.

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

    Facility
    Zoned FAR 6.0
    Max 8,844.0 sq. ft.
    Remaining 3,444.0 sq. ft.

    Building

    Category
    Loft Buildings
    Class
    Loft; With Retail Stores Other Than Type One
    Land Use
    Mixed Residential & Commercial Buildings
    Buildings
    1
    Year Built
    1900
    Alterations
    N/A
    Floors
    4.0
    Residential Units
    6
    Total Units
    9
    Floor Area
    5400
    Basement
    Full Basement Below Grade
    Proximity
    Semi-Attached

    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