265 Cherry St
Two Bridges
New York, NY, 10002

Built in 1979 this 627,895 sq.ft. building is 100% Residential, 0% Retail, 0% Office Space and contains 490 residential units and 1 non-residential units.

This property is currently Off Market.

    Transit

    • East Broadway Route F 2 Minute walk, 0.1 Miles
    • Delancey St Route FRoute JRoute MRoute Z 10 Minute walk, 0.5 Miles
    • Grand St Route BRoute D 13 Minute walk, 0.7 Miles
    • Canal St Route JRoute NRoute QRoute RRoute ZRoute 6 16 Minute walk, 0.8 Miles
    • Chambers St Route JRoute ZRoute 4Route 5Route 6 19 Minute walk, 1.0 Miles
    • Fulton St Route ARoute CRoute JRoute ZRoute 2Route 3Route 4Route 5 21 Minute walk, 1.1 Miles
    • Park Place Route ARoute CRoute ERoute 1Route 2Route 3 23 Minute walk, 1.2 Miles

    Schools

    • Elementary School

      • Elementary School Choice in District 1. Contact 718-935-2003 for more information.
    • Middle School

      • Zoned to District 1. No zoned school. Contact 718-935-2383 for more information.
    • High School

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

    Public Records

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    • Initial UCC1 dated 2016-08-10, Secured Party: Fannie Mae Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2014-09-17. Show Details
    • A Miscellaneous legal document filed on 2014-09-17. Show Details
    • Release dated 2014-06-27. Show Details
    • A Power of Attorney associated with this address was filed on 2014-06-05 Show Details
    • A mortgage agreement for $0.00 was filed on 2014-06-27 Show Details
    • A mortgage agreement for $0.00 was filed on 2014-06-27 Show Details
    • This property was sold for $0.00 on 2014-06-27. Show Details
    • Certificate (Other Documents) was filed on 2014-02-11. Show Details
    • A mortgage agreement for $172,829,959.20 was filed on 2013-11-27 Show Details
    • A Power of Attorney associated with this address was filed on 2013-02-04 Show Details
    • This property was sold for $279,315,405.00 on 2013-11-27. Show Details
    • A Miscellaneous legal document filed on 2010-12-17. Show Details
    • A Miscellaneous legal document filed on 2010-12-17. Show Details
    • A mortgage agreement for $0.00 was filed on 2010-12-10 Show Details
    • A mortgage agreement for $0.00 was filed on 2010-12-10 Show Details
    • A mortgage agreement for $0.00 was filed on 2010-12-10 Show Details
    • An easement was granted on 2010-12-10. Show Details
    • A mortgage agreement for $0.00 was filed on 2010-12-10 Show Details
    • On 2010-12-10 a mortgage on this property was transferred from Beech Street Capital, LLC to Fannie Mae. Show Details
    • Initial UCC1 dated 2010-12-17, Secured Party: Beech Street Capital, LLC Show Details
    • A mortgage agreement for $175,000,000.00 was filed on 2010-12-10 Show Details
    • A $40,000,000.00 mortgage was taken from Beech Street Capital, LLC on 2010-12-10. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2010-12-17. Show Details
    • UCC3 Termination dated 2010-12-17, Secured Party: New York Community Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2010-12-17. Show Details
    • On 2010-12-10 a mortgage on this property was transferred from New York Community Bank to Beech Street Capital, LLC. Show Details
    • Release dated 2010-06-28. Show Details
    • This property was sold for $170,785,013.21 on 2008-09-24. Show Details
    • Initial UCC1 dated 2008-10-07, Secured Party: New York Community Bank Show Details
    • An Assignment of Leases and Rents was filed on 2008-09-24 Show Details
    • A mortgage agreement for $135,000,000.00 was filed on 2008-09-24 Show Details
    • A $94,384,934.98 mortgage was taken from New York Community Bank on 2008-09-24. Show Details
    • On 2008-09-24 a mortgage on this property was transferred from Federal Home Loan Mortgage Cor to New York Community Bank. Show Details
    • UCC3 Termination dated 2008-10-07, Secured Party: Federal Home Loan Mortgage Cor, Assignee: Show Details
    • A mortgage agreement for $0.00 was filed on 2008-09-24 Show Details
    • Correct Index/Deed-Office Use (Deeds And Other Conveyances) was filed on 2006-10-24. Show Details
    • On 2004-03-29 a mortgage on this property was transferred from Reilly Mortgage Group,Inc., to Federal Home Loan Mortgage Corporation. Show Details
    • A mortgage agreement for $52,000,000.00 was filed on 2004-03-24 Show Details
    • A $34,091,792.51 mortgage was taken from Reilly Mortgage Group,Inc., on 2004-03-24. Show Details
    • On 2004-03-24 a mortgage on this property was transferred from Successor To Republic Bank For Savings & Fka Republic National Bank Of New York & Hsbc Bank Usa & Fka The Manhattan Savings Bank to Reilly Mortgagr Group,Inc.,. Show Details
    • Initial UCC1 dated 2004-05-25, Secured Party: Inc Reilly Mortgage Group Show Details
    • A $400,432.07 mortgage was taken from Ids Life Insurance Co on 1993-08-11. Show Details
    • Court Order (Other Documents) was filed on 1985-12-11. Show Details
    • This property was sold for $0.00 on 1985-09-30. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1982-06-01. Show Details
    • On 1980-08-14 a mortgage on this property was transferred from Paige Assocs Huntoon to Manhattan Savings Bank. Show Details
    • A mortgage agreement for $0.00 was filed on 1980-08-12 Show Details
    • A mortgage agreement for $0.00 was filed on 1980-08-12 Show Details
    • A mortgage agreement for $0.00 was filed on 1978-01-09 Show Details
    • A mortgage agreement for $0.00 was filed on 1977-10-26 Show Details
    • A $0.00 mortgage was taken from Paige Assocltd Huntoon on 1977-09-30. Show Details
    • A mortgage agreement for $0.00 was filed on 1977-09-29 Show Details
    • This property was sold for $0.00 on 1977-09-29. Show Details
    • A Miscellaneous legal document filed on 1973-09-11. Show Details
    • Court Order (Other Documents) was filed on 1973-09-11. Show Details
    • A Miscellaneous legal document filed on 1969-07-01. Show Details
    • A $0.00 mortgage was taken from Merruth Realty Corp on 1966-10-18. Show Details
    • This property was sold for $0.00 on 1966-10-18. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Aug. 31, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: 265-275 Cherry Street Ny Owner Lp, 4700 Wilshire Blvd, Los Angeles, CA 90010
    • Managing Agent: C&C Apartment Management Llc, Steve Berisha, 1735 Park Ave #300, New York, NY 10035
    • Head Officer: Terry Wachsner, 4700 Wilshire Blvd, Larchmont, CA 90010
    • Site Manager: Ana Lam,

    Lot

    Address
    265 Cherry St, 10002
    Square Footage
    113,690
    Lot Type
    Corner
    Dimensions
    450.0ft x 330.33ft
    BBL
    1002470001

    Neighborhood

    Neighborhood
    Two Bridges
    Historic District
    N/A
    Community District
    03
    City Council
    1
    Police Precinct
    7
    Fire Company
    E015
    School District
    1
    Census Tract
    6

    Zoning

    Zoning District
    C6-4
    Commercial Overlay
    N/A
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    2
    MV Land
    $17,089,000
    MV Total
    $112,690,000
    AV Land
    $7,690,050
    AV Total
    $50,710,500

    Floor Area Ratio

    Built FAR
    5.52

    Residential
    Zoned FAR 10.0
    Max 1,136,900.0 sq. ft.
    Remaining 509,005.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 1,136,900.0 sq. ft.
    Remaining 509,005.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 1,136,900.0 sq. ft.
    Remaining 509,005.0 sq. ft.

    Building

    Category
    Elevator Apartments
    Class
    Elevator Apt; Fireproof With Stores
    Land Use
    Mixed Residential & Commercial Buildings
    Buildings
    2
    Year Built
    1979
    Alterations
    N/A
    Floors
    26.0
    Residential Units
    490
    Total Units
    491
    Floor Area
    627895
    Basement
    No Basement
    Proximity
    Detached

    Crime

    This property is located in the 7th Precinct of Manhattan.

    Property Crime

    High
    In 2015 the 7th Precinct saw 906 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 7th Precinct saw 457 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).

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