2516 Adam Clayton Powell Jr Blvd
Harlem
New York, NY, 10039

Built in 1920 this 21,400 sq.ft. building is 83% Residential, 17% Retail and contains 20 residential units and 5 non-residential units.

This property is currently Off Market.

    Transit

    • Harlem-148th St Route 3 3 Minute walk, 0.2 Miles
    • 145th St Route ARoute BRoute CRoute D 7 Minute walk, 0.3 Miles
    • 145th St Route 1 14 Minute walk, 0.7 Miles
    • Yankee Stadium-161st St Route B Route DRoute 4 19 Minute walk, 1.0 Miles

    Schools

    • Elementary School

      • P.S. 200- The James Mccune Smith School
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Renee Belton
        • Phone: 212-491-6636
        • Address: 2589 7 Avenue
        • Website: schools.nyc.gov
    • Middle School

      • Zoned to District 5. No zoned school. Contact 718-935-2385 for more information.
    • High School

      • Citywide High School Choice

    Public Records

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    • UCC3 Termination dated 2013-07-17, Debtor: Llc Royal Management, Secured Party: N.A. Sovereign Bank & Sovereign Bank & Independence Community Bank, Assignee: Show Details
    • Initial UCC1 dated 2013-07-17, Debtor: Llc Royal Management, Secured Party: New York Community Bank, Assignee: Show Details
    • Mortgage Agreement for $2,500,000.00 dated 2013-07-02 between Llc Royal Management and New York Community Bank Show Details
    • Llc Royal Management took a mortgage for $739,901.84 from New York Community Bank on 2013-07-02. Show Details
    • On 2013-06-27 a mortgage on this property was transferred from Sovereign Bank & N.A. Sovereign Bank & Independence Community Babk to New York Community Bank. Show Details
    • Release dated 2013-06-27 between Llc Royal Management and Sovereign Bank & N.A. Sovereign Bank & Independence Community Babk Show Details
    • UCC3 Termination dated 2011-11-07, Debtor: Royal Management, LLC & Sion Sohayegh, Secured Party: Marathon Energy Corp. Dba Olympic Flame Fuel Oil, Assignee: Show Details
    • UCC3 Amendment dated 2011-02-17, Debtor: Royal Management, LLC & Sion Sohayegh, Secured Party: Marathon Energy Corp. Dba Olympic Flame Fuel Oil, Assignee: Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2010-07-06. Parties: Royal Management, LLC, Successor By Merger With Independe Sovereign Bank Show Details
    • Initial UCC1 dated 2010-04-23, Debtor: Royal Management, LLC & Sion Sohayegh, Secured Party: Marathon Energy Corp. Dba Olympic Flame Fuel Oil, Assignee: Show Details
    • Initial UCC1 dated 2005-12-09, Debtor: Royal Management, LLC, Secured Party: Independence Community Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Independence Community Bank by Royal Management, LLC or 2005-11-04 Show Details
    • Mortgage Agreement for $2,000,000.00 dated 2005-11-04 between Independence Community Bank and Royal Management, LLC Show Details
    • Royal Management, LLC took a mortgage for $940,894.59 from Independence Community Bank on 2005-11-04. Show Details
    • On 2005-09-29 a mortgage on this property was transferred from Rh Realty Money Purchase Plan to Independence Community Bank. Show Details
    • On 2005-05-11 a mortgage on this property was transferred from Manhattan Property Investors Group LLC to Rh Realty Money Purchase Plan. Show Details
    • Royal Management LLC took a mortgage for $700,000.00 from Manhattan Property Investors Group LLC on 2004-09-22. Show Details
    • On 2000-08-02 a mortgage on this property was transferred from Boysie Siew to Independence Community Bank. Show Details
    • On 2000-08-02 a mortgage on this property was transferred from Ram Gupta to Independence Community Bank. Show Details
    • On 2000-08-02 a mortgage on this property was transferred from Hypothecators Mortgage Company to Independence Community Bank. Show Details
    • Mortgage Agreement for $0.00 dated 2000-08-02 between Royal Management, LLC and Independence Community Bank Show Details
    • Royal Mgmt LLC took a mortgage for $22,611.89 from Independence Community Bank on 2000-08-02. Show Details
    • Initial UCC1 dated 2000-02-18, Debtor: Royal Management, LLC, Secured Party: Independence Community Bank, Assignee: Show Details
    • Llc. Royal Management took a mortgage for $450,000.00 from Hypothecators Mortgage Company on 1999-07-14. Show Details
    • 200 W. 146 Realty, LLC sold this property to Royal Management, LLC for $0.00 on 1998-12-29. Show Details
    • Inc. Sandlal sold this property to 200 W 146 Realty, LLC for $0.00 on 1997-04-30. Show Details
    • 200 W. 146 Realty, LLC took a mortgage for $143,074.45 from Hypothecators Mortgage Company on 1997-06-20. Show Details
    • Mortgage Agreement for $0.00 dated 1997-06-20 between Hypothecators Mortgage Company and Ram Gupta & Boysie Siew Show Details
    • Mortgage Agreement for $0.00 dated 1997-06-20 between Ram Gupta & Boysie Siew and 200 W 146 Realty LLC Show Details
    • Mortgage Agreement for $0.00 dated 1997-05-09 between Ram Gupta and Boysie Siew Show Details
    • Hps Associates was granted Power of Attorney for Real Estate Servicing Inc. on 1997-05-09 Show Details
    • Hps Associates was granted Power of Attorney for First Bank Of Beverly Hills, FSB on 1997-05-09 Show Details
    • West 146-7 Assoc Def & Infant Grocery Storedef & Sub Stop Discount Def & Z & S Realtyassoc Ltd & Elie Green Tumb Etcdef & City Of New York Def & State Of New York Def & Boutique Record& Etcdef & Paul'S Game Room Etcdef & Shelly'S Unisex Etcdef & Betty Ref Lugo sold this property to Inc. Sandlal for $0.00 on 1993-09-20. Show Details
    • Mortgage Agreement for $0.00 dated 1993-10-29 between H P S Assocites and Sandlal In. Show Details
    • Sandlal Inc took a mortgage for $10,237.50 from H P S Associates on 1993-10-29. Show Details
    • Sandlal Inc took a mortgage for $125,000.00 from Ram Gupta & Boysie Siew on 1993-10-29. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 1993-09-21. Parties: Cambridge Factor, Argonsy Control Etc Show Details
    • On 1989-10-30 a mortgage on this property was transferred from 218 East Assets Corp to W 146-7 Associates. Show Details
    • Z & S Realty Assoc.Ltd took a mortgage for $124,900.00 from 218 East Assets Corp on 1989-09-29. Show Details
    • 218 East Assets Corp sold this property to Z & S Realty Assoc.Ltd for $0.00 on 1989-09-07. Show Details
    • 218 E. Assets Cp took a mortgage for $195,000.00 from Java Assets Inc on 1989-05-12. Show Details
    • Java Assets Inc sold this property to 218 E. Assets Corp for $0.00 on 1989-05-03. Show Details
    • On 1989-05-12 a mortgage on this property was transferred from Java Assets In to Ram Gupta & Boysie Siew. Show Details
    • Release dated 1988-07-26 between Cambridge Factors Inc and Argosy Cntrl Bureaultd Show Details
    • Argosy Contrl Bureaultd sold this property to Java Assets Inc for $0.00 on 1988-06-16. Show Details
    • Certificate (Other Documents) was filed on 1988-06-15. Parties: Hps Associates Show Details
    • Argosy Control Breaultd took a mortgage for $140,000.00 from Cambridge Factors Inc on 1987-03-09. Show Details
    • Argosy Contrl Bureaultd sold this property to Laval Realty Inc for $0.00 on 1986-07-02. Show Details
    • H P S Associates sold this property to Argosy Control Bureultd for $0.00 on 1985-12-09. Show Details
    • Argosy Controfl Bureltd took a mortgage for $160,000.00 from H P S Associates on 1986-02-21. Show Details
    • Inc. Banner Equities sold this property to H P S Associates for $0.00 on 1985-11-20. Show Details
    • Joseph Borock & Anna Epstein Satisfied their Mortgage with Knights Developing Etc. on 1985-11-27. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Feb. 16, 2017 and the registration expires Sept. 1, 2017.

    • Corporate Owner: Royal Management Llc, 507 W 146 St #A3, New York, NY 10033
    • Managing Agent: Royal Management, Evan Sohayegh, 507 W 186 St #A4, New York, NY 10033
    • Head Officer: Nelon Bartholemew, 507 W 186 St #A3, New York, NY 10033
    • Officer: Paul Sohayegh, 507 W 186 St #A3, New York, NY 10033
    • Site Manager: Edgar Beltran,

    Lot

    Address
    2516 Adam Clayton Powell Jr Blvd, 10039
    Square Footage
    4,000
    Lot Type
    Corner
    Dimensions
    40.0ft x 100.0ft
    BBL
    1020310037

    Neighborhood

    Neighborhood
    Harlem
    Historic District
    N/A
    Community District
    10
    City Council
    9
    Police Precinct
    32
    Fire Company
    E069
    School District
    5
    Census Tract
    232

    Zoning

    Zoning District
    R7-2
    Commercial Overlay
    C1-4
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    2
    MV Land
    $107,000
    MV Total
    $2,082,000
    AV Land
    $48,150
    AV Total
    $936,900

    Floor Area Ratio

    Built FAR
    5.35

    Residential
    Zoned FAR 3.44
    Max 13,760.0 sq. ft.
    Remaining -7,640.0 sq. ft.

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

    Facility
    Zoned FAR 6.5
    Max 26,000.0 sq. ft.
    Remaining 4,600.0 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
    6.0
    Residential Units
    20
    Total Units
    25
    Floor Area
    21400
    Basement
    Full Basement Below Grade
    Proximity
    Semi-Attached

    Crime

    This property is located in the 32nd Precinct of Manhattan.

    Property Crime

    Low
    In 2015 the 32nd Precinct saw 620 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 high
    In 2015 the 32nd Precinct saw 926 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