240 E 27th St
Kips Bay
New York, NY, 10016

Built in 1977 this 348,386 sq.ft. building is 98% Residential, 2% Retail and contains 325 residential units and 2 non-residential units.

This property is currently Off Market.

    Transit

    • 28th St Route 6 7 Minute walk, 0.3 Miles
    • 28th St Route NRoute R 12 Minute walk, 0.6 Miles
    • 3rd Av Route L 15 Minute walk, 0.8 Miles
    • 23rd St Route FRoute M 16 Minute walk, 0.8 Miles
    • 34th St Route BRoute DRoute FRoute MRoute NRoute QRoute R 17 Minute walk, 0.9 Miles
    • Grand Central-42nd St Route GSRoute 4Route 5Route 6Route 7 18 Minute walk, 0.9 Miles
    • 34th St Route 1Route 2Route 3 20 Minute walk, 1.0 Miles

    Schools

    • Elementary School

      • P.S. 116 Mary Lindley Murray
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Jane Hsu
        • Phone: 212-685-4366
        • Address: 210 East 33 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

    Units at this Address

    PriceUnitLast UpdateStatusPublic Records
    14HOff Market0
    6KOff Market0
    6HOff Market0
    14KOff Market0
    14MOff Market0
    14NOff Market0
    14AOff Market0
    14COff Market0
    14JOff Market0
    14FOff Market0
    25FOff Market0
    25NOff Market0
    25HOff Market0
    12CGOff Market2
    17EOff Market0
    17DOff Market0
    17COff Market0
    17BOff Market0
    17MOff Market0
    17NOff Market0
    17HOff Market0
    17KOff Market0
    17JOff Market0
    6DOff Market0
    26EOff Market0
    26GOff Market0
    26FOff Market0
    11EOff Market0
    26KOff Market0
    26JOff Market0
    26LOff Market0
    12KOff Market0
    15JOff Market0
    12MOff Market0
    12BOff Market0
    6GOff Market0
    12GOff Market0
    12DOff Market0
    12EOff Market0
    23LOff Market0
    23MOff Market0
    23JOff Market0
    23KOff Market0
    23HOff Market0
    23GOff Market0
    23EOff Market0
    23BOff Market0
    4BOff Market0
    4COff Market0
    4DOff Market0
    5JOff Market0
    5HOff Market0
    15FOff Market0
    5BOff Market0
    5AOff Market0
    15BOff Market0
    24NOff Market0
    24MOff Market0
    24LOff Market0
    24BOff Market0
    10NOff Market0
    10HOff Market0
    10KOff Market0
    19KOff Market0
    19LOff Market0
    19EOff Market0
    19DOff Market0
    7GOff Market0
    2KOff Market0
    2HOff Market0
    PHOff Market0
    22MOff Market0
    18EOff Market0
    22NOff Market0
    22HOff Market0
    22KOff Market1
    22EOff Market0
    22DOff Market0
    18HOff Market0
    22BOff Market0
    3DOff Market0
    3MOff Market0
    3HOff Market0
    3KOff Market0
    8EOff Market0
    16EOff Market0
    7HOff Market0
    8HOff Market0
    20EOff Market0
    20AOff Market0
    20NOff Market0
    20JOff Market0
    27HOff Market0
    7NOff Market0
    27NOff Market0
    27LOff Market0
    9COff Market0
    9BOff Market0
    9EOff Market0
    11DOff Market0
    9HOff Market0
    11NOff Market0
    21BOff Market0
    21EOff Market0
    21HOff Market0
    21NOff Market0

    Public Records

    Get a free price estimate for this property to determine how much it should sell for. Start Now

    • This property was sold for $5,941,469.48 on 2014-09-30. Show Details
    • This property was sold for $73,123,490.50 on 2010-04-09. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2007-10-26. Show Details
    • Initial UCC1 dated 2007-09-14, Secured Party: Lasalle Bank National Association Show Details
    • UCC3 Amendment dated 2007-09-14, Secured Party: Inc. John Hancock Real Estate Finance Show Details
    • UCC3 Amendment dated 2007-09-14, Secured Party: Lasalle Bank National Association Show Details
    • A mortgage agreement for $18,648,841.27 was filed on 2007-08-31 Show Details
    • This property was sold for $210,000,000.00 on 2007-08-31. Show Details
    • Termination Of Lease Or Memo (Other Documents) was filed on 2007-09-14. Show Details
    • UCC3 Amendment dated 2007-05-14, Secured Party: Lasalle National Bank National Association Show Details
    • UCC3 Amendment dated 2007-05-14, Secured Party: Lasalle National Bank National Association Show Details
    • A mortgage agreement for $0.00 was filed on 2007-05-03 Show Details
    • Declaration (Other Documents) was filed on 2007-05-14. Show Details
    • A Miscellaneous legal document filed on 2007-05-14. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2007-05-14. Show Details
    • A mortgage agreement for $0.00 was filed on 2007-05-03 Show Details
    • Memorandum Of Contract (Deeds And Other Conveyances) was filed on 2006-11-15. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2006-06-28. Show Details
    • Initial UCC1 dated 2006-05-03, Secured Party: Lasalle Bank National Association Show Details
    • On 2006-03-13 the mortgage granted by Lasalle Bank National Association was assumed by a new party. Show Details
    • UCC3 Amendment dated 2006-05-03, Secured Party: Lasalle National Bank National Association Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2006-05-03. Show Details
    • On 2006-02-09 a mortgage on this property was transferred from Inc. John Hancock Real Estate Finance to Lasalle Bank National Association. Show Details
    • This property was sold for $158,000,000.00 on 2006-03-13. Show Details
    • Subordination Of Mortgage (Mortgages & Instruments) was filed on 2006-04-18. Show Details
    • Development Rights (Deeds And Other Conveyances) was filed on 2006-04-18. Show Details
    • UCC3 Termination dated 2005-12-13, Secured Party: Va Washington Mutual Bank, Assignee: Show Details
    • Initial Coop UCC1 dated 2004-01-26, Secured Party: Fa Washington Mutual Bank Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2003-03-27. Show Details
    • Initial Coop UCC1 dated 2002-12-05, Secured Party: John Hancock Real Estate Finance, INC Show Details
    • On 2002-11-04 a mortgage on this property was transferred from Wards Construction Co to John Hancock Real Estate Finance Inc.. Show Details
    • A mortgage agreement for $0.00 was filed on 2002-11-04 Show Details
    • A $4,368,081.50 mortgage was taken from John Hancock Real Estate Finance Inc. on 2002-11-04. Show Details
    • On 2002-11-04 a mortgage on this property was transferred from John Hancock Life Insurance Company & John Hancock Mutuallife Insurance Company to John Hancock Real Estate Finance Inc.. Show Details
    • Initial UCC1 dated 1993-07-09, Secured Party: John Hancock Mutuallife Insurance Company Show Details
    • On 1993-06-08 a mortgage on this property was transferred from Wards Construction Co to John Hancock Mutualetc. Show Details
    • On 1993-06-08 a mortgage on this property was transferred from Wards Construction Co to John Hancock Mutualetc. Show Details
    • A mortgage agreement for $0.00 was filed on 1993-06-08 Show Details
    • A $1,392,422.79 mortgage was taken from John Hancock Mutualetc on 1993-06-08. Show Details
    • On 1985-01-02 a mortgage on this property was transferred from Wards Constrctn Company to John Hnck Mtl Lfe Ins Co. Show Details
    • A mortgage agreement for $0.00 was filed on 1985-01-02 Show Details
    • A $6,521,853.37 mortgage was taken from John Hancock Mutualetc. on 1985-01-02. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1985-01-02. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1983-11-16. Show Details
    • A mortgage with Manufacturers Hnvr Tr.Co was satisfied on 1982-03-04. Show Details
    • A mortgage agreement for $0.00 was filed on 1980-02-11 Show Details
    • On 1980-02-11 a mortgage on this property was transferred from Manufacturers Hnvr Tr Co to Chemical Bank. Show Details
    • This property was leased on 1979-04-12 Show Details
    • A mortgage agreement for $0.00 was filed on 1979-01-09 Show Details
    • A mortgage agreement for $0.00 was filed on 1979-01-09 Show Details
    • A mortgage agreement for $0.00 was filed on 1979-01-09 Show Details
    • A $0.00 mortgage was taken from Manufactures Hnvr Trco on 1978-12-08. Show Details
    • On 1978-11-17 a mortgage on this property was transferred from Wards Construction Co to John Hancock Mtl Lfins. Show Details
    • A mortgage agreement for $0.00 was filed on 1978-11-17 Show Details
    • On 1978-11-17 a mortgage on this property was transferred from Manufacturers Hnvr Tr Co to John Hancock Mtl Lfins. Show Details
    • A $0.00 mortgage was taken from Manufacturers Hnvr Tr Co on 1978-08-02. Show Details
    • A mortgage agreement for $0.00 was filed on 1976-03-01 Show Details
    • A mortgage agreement for $0.00 was filed on 1976-03-01 Show Details
    • A $0.00 mortgage was taken from Manufacturers Hnvr Tr Co on 1976-03-01. Show Details
    • A $0.00 mortgage was taken from Manufacturers Hnvr Tr Co on 1975-09-08. Show Details
    • A Miscellaneous legal document filed on 1974-12-02. Show Details
    • A $0.00 mortgage was taken from Manufacturers Hnvr Tr Co on 1974-08-15. Show Details
    • A $0.00 mortgage was taken from Manufacturers Hnvr Tr Co on 1973-03-21. Show Details
    • A mortgage agreement for $0.00 was filed on 1972-09-19 Show Details
    • A $0.00 mortgage was taken from Manufacturers Hnvr Tr Co on 1972-09-19. Show Details
    • On 1972-09-19 a mortgage on this property was transferred from David B Goodman & Sol Levine & Barnet Levine to Manufacturers Hnvr Tr Co. Show Details
    • On 1972-09-19 a mortgage on this property was transferred from Joseph V Giffuni to Manufacturers Hnvr Tr Co. Show Details
    • On 1972-09-19 a mortgage on this property was transferred from Paroz Chamourian to Joseph V Giffuni. Show Details
    • This property was sold for $0.00 on 1969-03-06. Show Details
    • A $0.00 mortgage was taken from Sol Levine & Barnet Levine & David B. Goodman on 1967-12-15. Show Details
    • This property was sold for $0.00 on 1967-12-15. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Aug. 4, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: Eqr-East 27Th Street Apartments, 2 North Riverside Plaza #400, Chicago, IL 60606
    • Managing Agent: Equity Residential Management, Llc, James Spinda, 230 West 41St Street #12 FLR, New York, NY 10036
    • Head Officer: Jim Von Albade, 230 West 41St Street #12 FLR, New York, NY 10036
    • Officer: Tatiana Bond, 230 West 41St St #12FL, New York, NY 10036
    • Site Manager: James Spinda,

    Building Tips

    Lot

    Address
    240 E 27th St, 10016
    Square Footage
    24,687
    Lot Type
    Block Assemblage
    Dimensions
    197.5ft x 125.0ft
    BBL
    1009070025

    Neighborhood

    Neighborhood
    Kips Bay
    Historic District
    N/A
    Community District
    06
    City Council
    2
    Police Precinct
    13
    Fire Company
    E016
    School District
    2
    Census Tract
    66

    Zoning

    Zoning District
    C1-8A
    Commercial Overlay
    N/A
    Split Zoning
    Yes
    Special Purpose
    T
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    2
    MV Land
    $10,300,000
    MV Total
    $92,496,000
    AV Land
    $4,635,000
    AV Total
    $41,623,200

    Floor Area Ratio

    Built FAR
    14.11

    Residential
    Zoned FAR 7.52
    Max 185,646.24 sq. ft.
    Remaining -162,739.76 sq. ft.

    Commercial
    Zoned FAR 2.0
    Max 49,374.0 sq. ft.
    Remaining -299,012.0 sq. ft.

    Facility
    Zoned FAR 7.5
    Max 185,152.5 sq. ft.
    Remaining -163,233.5 sq. ft.

    Building

    Category
    Elevator Apartments
    Class
    Elevator Apt; Fireproof With Stores
    Land Use
    Mixed Residential & Commercial Buildings
    Buildings
    1
    Year Built
    1977
    Alterations
    N/A
    Floors
    26.0
    Residential Units
    325
    Total Units
    327
    Floor Area
    348386
    Basement
    Full Basement Below Grade
    Proximity
    Detached

    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