220 W 41st St
Midtown
New York, NY, 10036

Built in 2013 this 21,114 sq.ft. building is 100% Other and contains 0 residential units and 1 non-residential units.

This property is currently Off Market.

    Transit

    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 1 Minute walk, 0.0 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 11 Minute walk, 0.6 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 4 Minute walk, 0.2 Miles
    • 42nd St Route BRoute DRoute FRoute MRoute 7 5 Minute walk, 0.3 Miles

    Schools

    • Elementary School

      • P.S. 051 Elias Howe
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Nancy Sing Bock
        • Phone: 212-315-7160
        • Address: 525 West 44Th Street
        • Website: schools.nyc.gov
    • Middle School

      • Zoned to District 2. 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 National Association Pnc Bank was satisfied on 2015-09-22. Show Details
    • A mortgage with National Association Pnc Bank was satisfied on 2015-09-22. Show Details
    • A mortgage with National Association Pnc Bank was satisfied on 2015-09-22. Show Details
    • UCC3 Termination dated 2015-09-28, Secured Party: Pnc Bank National Association, Assignee: Show Details
    • Release dated 2015-09-11. Show Details
    • Release dated 2015-09-11. Show Details
    • Release dated 2015-09-11. Show Details
    • Release dated 2015-09-11. Show Details
    • Initial UCC1 dated 2015-09-08, Secured Party: N.A. Bank Of America Show Details
    • A mortgage agreement for $70,000,000.00 was filed on 2015-08-20 Show Details
    • A $2,076,128.57 mortgage was taken from N.A. Bank Of America on 2015-08-20. Show Details
    • On 2015-08-20 a mortgage on this property was transferred from National Association Pnc Bank to N.A. Bank Of America. Show Details
    • On 2015-08-20 a mortgage on this property was transferred from National Association Pnc Bank to N.A. Bank Of America. Show Details
    • On 2015-08-20 a mortgage on this property was transferred from National Association Pnc Bank to N.A. Bank Of America. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2015-09-08. Show Details
    • Initial UCC1 dated 2015-09-08, Secured Party: Wilmington Trust, National Association, As Trustee Show Details
    • An Assignment of Leases and Rents was filed on 2015-08-20 Show Details
    • A $85,188,702.07 mortgage was taken from Wilmington Trust, National Association, As Trustee on 2015-08-20. Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2015-09-08. Show Details
    • This property was sold for $80,898,900.00 on 2015-08-20. Show Details
    • UCC3 Termination dated 2015-08-26, Secured Party: National Association Pnc Bank, Assignee: Show Details
    • Zoning Lot Description (Other Documents) was filed on 2013-02-25. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-09-10. Show Details
    • Initial UCC1 dated 2012-09-04, Secured Party: National Association Pnc Bank Show Details
    • An Assignment of Leases and Rents was filed on 2012-08-20 Show Details
    • A $11,212,945.46 mortgage was taken from National Association Pnc Bank on 2012-08-20. Show Details
    • A $48,187,054.54 mortgage was taken from National Association Pnc Bank on 2012-08-20. Show Details
    • A $15,000,000.00 mortgage was taken from National Association Pnc Bank on 2012-08-20. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-09-04. Show Details
    • Certificate (Other Documents) was filed on 2012-09-04. Show Details
    • Development Rights (Deeds And Other Conveyances) was filed on 2012-09-04. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-09-04. Show Details
    • This property was sold for $35,100,000.00 on 2012-08-20. Show Details
    • On 1980-05-14 a mortgage on this property was transferred from Gertrude Adler Realty to Gertrude Adler. Show Details
    • A Miscellaneous legal document filed on 1979-09-07. Show Details
    • A $0.00 mortgage was taken from Times Square Garagecorp on 1979-09-07. Show Details
    • This property was sold for $0.00 on 1979-09-07. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Oct. 5, 2015 and the registration expires Sept. 1, 2016.

    • Corporate Owner: Palmetto Hospitalty Of Manhattan, Llc, 100 Dunbar Street #402, Spartanburg, SC 29306
    • Managing Agent: Gerry Hughes, 220 W 41St Street, New York, NY 10036
    • Head Officer: Charles King, 100 Dunbar Street #402, Spartanburg, SC 29306
    • Shareholder: Palmetto Hospitality Fund Vi, Llc, 100 Dunbar Street #402, Spartanburg, SC 29306
    • Site Manager: Gerry Hughes,
    • Lessee: Palmetto Hosptialty Of Manhattan Ii, Llc, 100 Dunbar Street #402, Spartanburg, SC 29306

    Lot

    Address
    220 W 41st St, 10036
    Square Footage
    8,295
    Lot Type
    Inside
    Dimensions
    84.0ft x 98.75ft
    BBL
    1010120042

    Neighborhood

    Neighborhood
    Midtown
    Historic District
    N/A
    Community District
    05
    City Council
    3
    Police Precinct
    14
    Fire Company
    E026
    School District
    2
    Census Tract
    113

    Zoning

    Zoning District
    C6-6.5
    Commercial Overlay
    N/A
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $12,443,000
    MV Total
    $43,381,722
    AV Land
    $5,599,350
    AV Total
    $19,521,775

    Floor Area Ratio

    Built FAR
    2.55

    Residential
    Zoned FAR 10.0
    Max 82,950.0 sq. ft.
    Remaining 61,836.0 sq. ft.

    Commercial
    Zoned FAR 12.0
    Max 99,540.0 sq. ft.
    Remaining 78,426.0 sq. ft.

    Facility
    Zoned FAR 12.0
    Max 99,540.0 sq. ft.
    Remaining 78,426.0 sq. ft.

    Building

    Category
    Hotels
    Class
    Hotel; Luxury Type Built After 1960
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    2013
    Alterations
    N/A
    Floors
    30.0
    Residential Units
    0
    Total Units
    1
    Floor Area
    21114
    Basement
    Full Basement Below Grade
    Proximity
    Unknown

    Crime

    This property is located in the Midtown South Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the Midtown South Precinct saw 11196 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

    Very high
    In 2015 the Midtown South Precinct saw 2014 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