242 E 50th St
Turtle Bay
New York, NY, 10022

Built in 1900 this 21,150 sq.ft. building is 97% Residential, 3% Retail and contains 24 residential units and 1 non-residential units.

This property is currently Off Market.

    Transit

    • 51st St Route ERoute MRoute 6 4 Minute walk, 0.2 Miles
    • Grand Central-42nd St Route GSRoute 4Route 5Route 6Route 7 10 Minute walk, 0.5 Miles
    • Lexington Av Route NRoute QRoute RRoute 4Route 5Route 6 12 Minute walk, 0.6 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute M 13 Minute walk, 0.7 Miles
    • 50th St Route 1 17 Minute walk, 0.9 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 23 Minute walk, 1.2 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 24 Minute walk, 1.2 Miles

    Schools

    • Elementary School

      • P.S. 059 Beekman Hill International
        • Grades: 0K,01,02,03,04,05,SE
        • Principal: Adele Schroeter
        • Phone: 212-888-7870
        • Address: 231-249 East 56 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
    5DOff Market0

    Public Records

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

    • A mortgage with Fannie Mae was satisfied on 2015-11-17. Show Details
    • Initial UCC1 dated 2016-01-12, Secured Party: The Dime Savings Bank Of Williamsburgh Show Details
    • An Assignment of Leases and Rents was filed on 2015-12-21 Show Details
    • A $20,000,000.00 mortgage was taken from The Dime Savings Bank Of Williamsburgh on 2015-12-21. Show Details
    • This property was sold for $9,875,000.00 on 2015-12-21. Show Details
    • UCC3 Termination dated 2015-09-22, Secured Party: Centerline Mortgage Capital Inc. & Fannie Mae, Assignee: Show Details
    • A mortgage with Centerline Mortgage Capital Inc & Fannie Mae was satisfied on 2015-08-25. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2014-11-19. Show Details
    • A mortgage agreement for $0.00 was filed on 2014-04-24 Show Details
    • UCC3 Termination dated 2010-02-11, Secured Party: North Fork Bank & N.A. Capital One, Assignee: Show Details
    • Initial UCC1 dated 2010-02-11, Secured Party: Centerline Mortgage Capital Inc. & Fannie Mae Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2010-02-11. Show Details
    • On 2010-01-30 a mortgage on this property was transferred from Centerline Mortgage Capital Inc. to Fannie Mae. Show Details
    • A mortgage agreement for $12,000,000.00 was filed on 2010-01-22 Show Details
    • A $3,187,516.74 mortgage was taken from Centerline Mortgage Capital Inc. on 2010-01-22. Show Details
    • On 2010-01-20 a mortgage on this property was transferred from N.A. Capital One & North Fork Bank to Centerline Mortgage Capital Inc.. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2008-06-12. Show Details
    • This property was sold for $22,500,000.00 on 2006-12-31. Show Details
    • This property was sold for $22,500,000.00 on 2006-12-31. Show Details
    • Initial UCC1 dated 2003-11-24, Secured Party: North Fork Bank Show Details
    • An Assignment of Leases and Rents was filed on 2003-02-25 Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2003-11-24. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2003-11-24. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2003-11-24. Show Details
    • A mortgage agreement for $0.00 was filed on 2003-02-25 Show Details
    • A $5,550,971.17 mortgage was taken from North Fork Bank on 2003-02-25. Show Details
    • This property was sold for $0.00 on 2003-02-25. Show Details
    • On 1998-08-13 a mortgage on this property was transferred from Astroid 50 Associates to Reliance Federal Savings Bank. Show Details
    • A mortgage agreement for $0.00 was filed on 1998-08-13 Show Details
    • On 1998-08-13 a mortgage on this property was transferred from R.S.P. Realty Associates to Reliance Federal Savings Bank. Show Details
    • Initial UCC1 dated 1998-01-28, Secured Party: Reliance Federal Savings Bank Show Details
    • A $2,200,000.00 mortgage was taken from R.S.P. Realty Associates on 1993-06-16. Show Details
    • This property was sold for $0.00 on 1993-06-07. Show Details
    • This property was sold for $0.00 on 1978-03-24. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Oct. 11, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: N Astroid Realty Llc, 347 Fifth Ave #1600, New York, NY 10016
    • Managing Agent: Empire Management, Ramin Shalom, 347 Fifth Ave #1600, New York, NY 10016
    • Head Officer: Ramin Shalom, 347 Fifth Ave #1600, New York, NY 10016
    • Officer: Fred Shalom, 347 Fifth Ave #1600, New York, NY 10016
    • Shareholder: Fred Shaban, 347 Fifth Avenue #1600, New York, NY 10016
    • Shareholder: Ramin Shaban, 347 Fifth Avenue #1600, New York, NY 10016
    • Site Manager: Ndok Pejay,

    Building Tips

    Lot

    Address
    242 E 50th St, 10022
    Square Footage
    5,021
    Lot Type
    Inside
    Dimensions
    50.0ft x 100.42ft
    BBL
    1013230030

    Neighborhood

    Neighborhood
    Turtle Bay
    Historic District
    N/A
    Community District
    06
    City Council
    4
    Police Precinct
    17
    Fire Company
    L002
    School District
    2
    Census Tract
    98

    Zoning

    Zoning District
    R8B
    Commercial Overlay
    N/A
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    2
    MV Land
    $2,008,000
    MV Total
    $4,902,000
    AV Land
    $903,600
    AV Total
    $2,205,900

    Floor Area Ratio

    Built FAR
    4.21

    Residential
    Zoned FAR 4.0
    Max 20,084.0 sq. ft.
    Remaining -1,066.0 sq. ft.

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

    Facility
    Zoned FAR 4.0
    Max 20,084.0 sq. ft.
    Remaining -1,066.0 sq. ft.

    Building

    Category
    Elevator Apartments
    Class
    Elevator Apt; Semi-Fireproof With Stores
    Land Use
    Mixed Residential & Commercial Buildings
    Buildings
    1
    Year Built
    1900
    Alterations
    N/A
    Floors
    6.0
    Residential Units
    24
    Total Units
    25
    Floor Area
    21150
    Basement
    Full Basement Below Grade
    Proximity
    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