242 E 40th St
Murray Hill
New York, NY, 10016

Built in 1920 this 4,500 sq.ft. building is 80% Residential, 20% Retail and contains 7 residential units and 1 non-residential units.

This property is currently Off Market.

    Transit

    • Grand Central-42nd St Route GSRoute 4Route 5Route 6Route 7 5 Minute walk, 0.2 Miles
    • 51st St Route ERoute MRoute 6 14 Minute walk, 0.7 Miles
    • Times Square-42nd St Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 15 Minute walk, 0.8 Miles
    • 5th Av Route BRoute DRoute FRoute MRoute 7 11 Minute walk, 0.6 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

    Public Records

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    • Mortgage Agreement for $2,650,000.00 dated 2016-06-01 between Grand Central 888 Inc and Jpmorgan Chase Bank Na Show Details
    • Mortgage Agreement for $2,650,000.00 dated 2016-06-01 between Grand Central 888 Inc and Jpmorgan Chase Bank Na Show Details
    • Grand Central 888 Inc took a mortgage for $1,295,455.27 from Jpmorgan Chase Bank Na on 2016-06-01. Show Details
    • Mortgage Agreement for $1,470,000.00 dated 2012-05-31 between N.A. Jpmorgan Chase Bank and Grand Central 888 Inc. Show Details
    • Grand Central 888 Inc. took a mortgage for $1,470,000.00 from N.A. Jpmorgan Chase Bank on 2012-05-31. Show Details
    • Grand Central 888 Inc. took a mortgage for $157,217.66 from N.A. Jpmorgan Chase Bank on 2012-05-31. Show Details
    • On 2012-06-14 a mortgage on this property was transferred from Fdic to N.A. Jpmorgan Chase Bank. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-05-22. Parties: Citic Ka Wah Bank Limited & The Ka Wah Bank Ltd, Chi Lo Liu & Huang Su-Ying Liu Show Details
    • Chi Lo Liu & Huang Su- Ying Liu Satisfied their Mortgage with The Ka Wah Bank Ltd on 2006-01-18. Show Details
    • Grand Central 888 Inc. took a mortgage for $1,425,000.00 from Washingtong Mutual Bank , NA on 2006-05-10. Show Details
    • Chi Lo Liu & Huang Su-Ying Liu sold this property to Grand Central 888 Inc. for $1,900,000.00 on 2006-05-10. Show Details
    • On 1996-08-29 a mortgage on this property was transferred from National Consumer Cooperative Bank to Federal National Mortgage Assoication. Show Details
    • Chi Lo Liu & Huang Su-Ying Liu Satisfied their Mortgage with Frank Chan on 1993-08-04. Show Details
    • Chi Lo Liu & Huang Su-Ying Liu Satisfied their Mortgage with Frank Chan on 1989-03-15. Show Details
    • Chi Lo Liu & Huang Su-Ying Liu took a mortgage for $300,000.00 from Ka Wah Bank Ltd Nybrnch on 1989-03-07. Show Details
    • On 1989-03-07 a mortgage on this property was transferred from Chi Lo Liu & Huang Su-Ying Liu to Ka Wah Bank Ltd Ny Brnch. Show Details
    • Chi Lo Liu & Huang Su-Ying Liu Satisfied their Mortgage with Frank Chan on 1988-07-12. Show Details
    • A Miscellaneous legal document filed on 1987-10-07. Parties: East West Venture Show Details
    • Mortgage Agreement for $0.00 dated 1987-07-24 between East/West Venture and Haseko Wld Associates Show Details
    • On 1987-07-24 a mortgage on this property was transferred from Western Fdrl Svg&Lnassn to Haseko Wld Associates. Show Details
    • Mkhs 40Th Street Corp. sold this property to East/West Venture for $0.00 on 1987-07-10. Show Details
    • Chi Lo Liu & Huang Su-Ying Liu granted an easement to Mkhs 40Th Street Corp on 1987-07-24. Show Details
    • Mortgage Agreement for $0.00 dated 1987-07-24 between Chi Lo Liu & Huang Su-Ying Liu and Mkhs 40Th St Corp Show Details
    • Mkhs 40Th St Corp took a mortgage for $1,500,000.00 from Western Savings Assn on 1986-03-27. Show Details
    • Mortgage Agreement for $0.00 dated 1985-10-30 between Western Savings Assn and Mkhs 40Th Street Corp Show Details
    • Mkhs 40Th Street Corp. took a mortgage for $4,300,000.00 from Western Savings Assn on 1985-10-30. Show Details
    • Mortgage Agreement for $0.00 dated 1985-10-30 between Western Savings Assn and Mkhs 40Th Street Corp. Show Details
    • Declaration (Other Documents) was filed on 1985-10-30. Parties: Mkhs 40Th Streetcorp. & Arc Electrical Cons.Etc Show Details
    • A Miscellaneous legal document filed on 1985-10-10. Parties: Mkhs 40Th Street Corp. Show Details
    • Mortgage Agreement for $0.00 dated 1985-05-29 between Broshire Realty Corp and Western Savings Assn. Show Details
    • Mortgage Agreement for $0.00 dated 1985-05-29 between Mkhs 40Th St Corp. and Western Savings Assn. Show Details
    • Mortgage Agreement for $0.00 dated 1985-05-29 between Mkhs 40Th St Corp. and Western Savings Assn. Show Details
    • Mkhs 40 Th St Corp took a mortgage for $2,718,000.00 from Western Savings Assn on 1985-05-29. Show Details
    • A Miscellaneous legal document filed on 1985-05-29. Parties: Broshire Realty Corp Show Details
    • A Miscellaneous legal document filed on 1985-05-29. Parties: Western Savings Assn. Show Details
    • Mkhs 40Th Street Corp took a mortgage for $12,080,000.00 from Western Savings Assoc on 1985-05-16. Show Details
    • Mortgage Agreement for $2,220,000.00 dated 1985-05-16 between Mkhs 40Th St. Corp. and Western Savings Assoctn Show Details
    • Mkhs 40Th Street Corp took a mortgage for $2,220,000.00 from Western Savings Assoc on 1985-05-16. Show Details
    • A Miscellaneous legal document filed on 1985-05-16. Parties: Western Savings Assn. Show Details
    • Declaration (Other Documents) was filed on 1985-05-16. Parties: Chi Lo Liu & Irving Rakoff & Huang Su-Ying Liu & Mkhs 40Th St Corp. & Ralph Marolda Show Details
    • Mortgage Agreement for $0.00 dated 1985-05-16 between Chi Lo Liu & Huang Su-Ying Liu and Www Associates Inc Show Details
    • W.W.W. Associates Inc sold this property to Mkhs 40Th St Corp for $0.00 on 1985-05-07. Show Details
    • Mortgage Agreement for $0.00 dated 1985-05-14 between Chi Lo Liu & Huang Su-Ying Liu and W.W.W. Associates Inc. Show Details
    • A Miscellaneous legal document filed on 1985-05-14. Parties: Frank Chan Show Details
    • Declaration (Other Documents) was filed on 1985-05-14. Parties: Chi Lo Liu & W.W.W. Associates Inc & Huang Su-Ying Liu Show Details
    • Mortgage Agreement for $0.00 dated 1985-05-14 between Inc. W.W.W. Associates and Chi Lo Liu & Huang Su-Ying Liu Show Details
    • Mortgage Agreement for $0.00 dated 1984-09-07 between Chi Lo Liu & Su-Ying Liu and Www Associates Show Details
    • Chi Lo Liu & Huang Su-Ying Liu took a mortgage for $370,000.00 from Frank Chan on 1983-05-18. Show Details
    • Chi Lo Liu & Huang Su-Ying Liu took a mortgage for $20,000.00 from Frank Chan on 1983-05-18. Show Details
    • Frank Chan sold this property to Chi Lo Liu & Huang Su-Ying Liu for $0.00 on 1983-05-14. Show Details
    • Timhow Chan sold this property to Frank Chan for $0.00 on 1981-06-17. Show Details
    • Dannu Realty Inc sold this property to Timhow Chan & Frank Chan for $0.00 on 1974-12-18. Show Details
    • Dannu Realty Inc took a mortgage for $0.00 from Marine Midland Bankny on 1974-06-11. Show Details
    • Dannu Realty Inc took a mortgage for $0.00 from Hassel Charles J on 1968-11-01. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on July 7, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: Grand Central 888 Inc, 212-35 42Nd Ave #610009, Bayside, NY 11361
    • Managing Agent: Grand Cental 888 Inc, Cho Sze, 212-35 42Nd Ave #610009, Bayside, NY 11361
    • Head Officer: Cho Sze, 212-35 42Nd Ave #610009, Bayside, NY 11361
    • Site Manager: Cho Sze,

    Lot

    Address
    242 E 40th St, 10016
    Square Footage
    1,778
    Lot Type
    Inside
    Dimensions
    18.0ft x 98.75ft
    BBL
    1009200041

    Neighborhood

    Historic District
    N/A
    Community District
    06
    City Council
    4
    Police Precinct
    17
    Fire Company
    E021
    School District
    2
    Census Tract
    88

    Zoning

    Zoning District
    C1-9
    Commercial Overlay
    N/A
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    2B
    MV Land
    $672,000
    MV Total
    $2,982,000
    AV Land
    $88,004
    AV Total
    $390,516

    Floor Area Ratio

    Built FAR
    2.53

    Residential
    Zoned FAR 10.0
    Max 17,780.0 sq. ft.
    Remaining 13,280.0 sq. ft.

    Commercial
    Zoned FAR 2.0
    Max 3,556.0 sq. ft.
    Remaining -944.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 17,780.0 sq. ft.
    Remaining 13,280.0 sq. ft.

    Building

    Category
    Walk Up Apartments
    Class
    Walk-Up Apt. Over Six Families With Stores
    Land Use
    Mixed Residential & Commercial Buildings
    Buildings
    1
    Year Built
    1920
    Alterations
    N/A
    Floors
    4.0
    Residential Units
    7
    Total Units
    8
    Floor Area
    4500
    Basement
    Full Basement Above Grade
    Proximity
    Semi-Attached

    Crime

    This property is located in the 17th Precinct of Manhattan.

    Property Crime

    High
    In 2015 the 17th Precinct saw 1014 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

    Very low
    In 2015 the 17th Precinct saw 158 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