234 Canal St
Chinatown
New York, NY, 10013

Built in 1976 this 12,534 sq.ft. building is 100% Retail and contains 0 residential units and 12 non-residential units.

This property is currently Off Market.

    Transit

    • Canal St Route JRoute NRoute QRoute RRoute ZRoute 6 1 Minute walk, 0.0 Miles
    • Canal St Route ARoute CRoute E 7 Minute walk, 0.3 Miles
    • Chambers St Route JRoute ZRoute 4Route 5Route 6 8 Minute walk, 0.4 Miles
    • Grand St Route BRoute D 9 Minute walk, 0.5 Miles
    • Bleecker St Route BRoute DRoute FRoute MRoute 6 11 Minute walk, 0.6 Miles
    • Chambers St Route ARoute CRoute ERoute 2Route 3 13 Minute walk, 0.7 Miles

    Schools

    • Elementary School

      • Warning: This property is located near the boundary of it's school zone.
      • P.S. 124 Yung Wing
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Alice Hom
        • Phone: 212-966-7237
        • Address: 40 Division Street
        • Website: schools.nyc.gov
    • Middle School

      • M.S. 131
        • Grades: 06,07,08,SE
        • Principal: Phyllis Tam
        • Phone: 212-219-1204
        • Address: 100 Hester Street
        • Website: schools.nyc.gov
    • High School

      • Citywide High School Choice, students receive priority to Millennium High School (02M418).

    Public Records

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    • Mortgage Agreement for $15,982,336.91 dated 2015-07-20 between 224 Canal Street, LLC & George Terranova and Connect One Bank Show Details
    • Subordination Of Mortgage (Mortgages & Instruments) was filed on 2013-12-02. Parties: Elvira Terranova, Union Center National Bank Show Details
    • An Assignment of Leases and Rents was granted to 224 Canal Street, LLC by Union Center National Bank or 2013-11-19 Show Details
    • 224 Canal Street, LLC took a mortgage for $2,000,000.00 from Union Center National Bank on 2013-11-19. Show Details
    • Initial UCC1 dated 2013-11-27, Debtor: 224 Canal Street, LLC, Secured Party: Union Center National Bank, Assignee: Show Details
    • Subordination Of Mortgage (Mortgages & Instruments) was filed on 2013-08-29. Parties: Elvira Terranova, Union Center National Bank Show Details
    • An Assignment of Leases and Rents was granted to 224 Canal Street, LLC by Union Center National Bank or 2013-08-08 Show Details
    • 224 Canal Street, LLC took a mortgage for $5,000,000.00 from Union Center National Bank on 2013-08-08. Show Details
    • Initial UCC1 dated 2013-08-19, Debtor: 224 Canal Street, LLC, Secured Party: Union Center National Bank, Assignee: Show Details
    • Initial UCC1 dated 2012-05-17, Debtor: 224 Canal Street, LLC, Secured Party: Union Center National Bank, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 2011-12-15 between Elvira Terranova and Union Center National Bank Show Details
    • An Assignment of Leases and Rents was granted to 224 Canal Street by Union Center National Bank or 2011-12-15 Show Details
    • 224 Canal Street took a mortgage for $10,000,000.00 from Union Center National Bank on 2011-12-15. Show Details
    • Initial UCC1 dated 2011-06-22, Debtor: Vincent Terranova Trust & As Trustee Edward T Borg & 224 Canal Street, LLC & Robert Becht As Trustee & As Trustee George Terranova, Secured Party: Elvira Terranova, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Vincent Terranova Trust & As Trustee Edward T Borg & 224 Canal Street, LLC & Robert Becht As Trustee & As Trustee George Terranova by Elvira Terranova or 2011-06-17 Show Details
    • Vincent Terranova Trust & As Trustee Edward T Borg & 224 Canal Street, LLC & Robert Becht As Trustee & As Trustee George Terranova took a mortgage for $10,000,000.00 from Elvira Terranova on 2011-06-17. Show Details
    • Vincent Terranova Trust & As Trustee Edward T Borg & Robert Becht As Trustee & As Trustee George Terranova sold this property to 224 Canal Street, LLC for $0.00 on 2011-06-17. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2008-03-19. Parties: Limited The Bank Of East Asia, Terranova, As Trustee, Carl & Borg, As Trustee, Edward T. & U/W/O Vincent Terranova & Terranova, As Trustee, George & Becht, As Trustee, Robert Show Details
    • Terranova, As Trustee, Carl & Borg, As Trustee, Edward T. & U/W/O Vincent Terranova & Terranova, As Trustee, George & Becht, As Trustee, Robert Satisfied their Mortgage with Limited The Bank Of East Asia on 2008-03-03. Show Details
    • On 1997-03-25 a mortgage on this property was transferred from George Astrustee Terranova & Vincent U/W/O Terranova & Carl As Trustee Terranova & Edward T. As Trustee Borg & Robert As Trustee Becht to Bank Of East Asia. Show Details
    • George Astrustee Terranova & Vincent U/W/O Terranova & Carl As Trustee Terranova & Edward T. As Trustee Borg & Robert As Trustee Becht took a mortgage for $2,500,000.00 from Bank Of Eas Asia on 1997-03-25. Show Details
    • Initial UCC1 dated 1997-03-21, Debtor: Vincent U/W/O Terranova & Carl Terranova & Edward T. Borg & George Terranova & Robert Trustees Becht, Secured Party: The Limited Ny Branch Bank Of East Asia, Assignee: Show Details
    • On 1994-03-02 Vincent Terranova partially satisfied their mortgage with Show Details
    • On 1994-03-02 Allan D. Emil partially satisfied their mortgage with Show Details
    • On 1994-03-02 Joseph Slifka partially satisfied their mortgage with Show Details
    • George -Executors Terranova & Vincent L/W/T Terranova & Robert - Executor Becht & Edward T- Executor Borg & Vera - Executor Terranova & Carl - Executors Terranova sold this property to Edward T- Trustee Borg & Carl - Trustee Terranova & George -Trustee Terranova & Robert - Trustee Becht & Vincent L/W/T Terranova for $0.00 on 1993-06-28. Show Details
    • Mutual Bond & Mortgage Corporation Satisfied their Mortgage with Bessie Trustees Warner & Moses Decd Levy & Ralph Trustees Sturart & Ruth Trustees Leeds & Moe Levy on 1994-03-02. Show Details
    • Release Of Estate Tax Lien (Other Documents) was filed on 1993-08-19. Parties: Vincent Terranova Show Details
    • Chun Leung Lau leased this property from Vicent Terranova on 1977-09-07 Show Details
    • A Miscellaneous legal document filed on 1975-12-01. Parties: Vincent Terranova Show Details

    Lot

    Address
    234 Canal St, 10013
    Square Footage
    4,178
    Lot Type
    Corner
    Dimensions
    54.67ft x 82.17ft
    BBL
    1001980027

    Neighborhood

    Historic District
    N/A
    Community District
    01
    City Council
    1
    Police Precinct
    5
    Fire Company
    L001
    School District
    2
    Census Tract
    29

    Zoning

    Zoning District
    M1-5
    Commercial Overlay
    N/A
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $2,040,000
    MV Total
    $15,761,000
    AV Land
    $918,000
    AV Total
    $7,092,450

    Floor Area Ratio

    Built FAR
    3.0

    Residential
    Zoned FAR 0.0
    Max 0.0 sq. ft.
    Remaining -12,534.0 sq. ft.

    Commercial
    Zoned FAR 5.0
    Max 20,890.0 sq. ft.
    Remaining 8,356.0 sq. ft.

    Facility
    Zoned FAR 6.5
    Max 27,157.0 sq. ft.
    Remaining 14,623.0 sq. ft.

    Building

    Category
    Store Buildings
    Class
    Store Building; Two-Story Or Store/Office
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1976
    Alterations
    N/A
    Floors
    2.0
    Residential Units
    0
    Total Units
    12
    Floor Area
    12534
    Basement
    Full Basement Below Grade
    Proximity
    Semi-Attached

    Crime

    This property is located in the 5th Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the 5th Precinct saw 1206 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

    Average
    In 2015 the 5th Precinct saw 517 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