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, Debtor: Two Bridges Associates Limited Partnership, Secured Party: Fannie Mae, Assignee: Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2014-09-17. Parties: Two Bridges Associates Limited Partnership, Fannie Mae, Hp Cherry Street Housing Developement Fund Company Show Details
    • A Miscellaneous legal document filed on 2014-09-17. Parties: City Of New York Show Details
    • Release dated 2014-06-27 between Hp Cherry Street Housing Development Fund Company & Two Bridges Associates Limited Partnership & L.P. 265-275 Cherry Street (Ny) Owner and Cim Vi Holdings, LLC & Fannie Mae Show Details
    • Fannie Mae was granted Power of Attorney for Capital One Multifamily Finance, LLC on 2014-06-05 Show Details
    • Mortgage Agreement for $0.00 dated 2014-06-27 between City Of New York & L.P. 265-75 Cherry Street Owner and Hp Cherry Street Housing Development Fund Company Show Details
    • Mortgage Agreement for $0.00 dated 2014-06-27 between Hp Cherry Street Housing Development Fund Company and L.P. 265-75 Cherry Street Owner Show Details
    • Two Bridges Associates Limited Partnership sold this property to Hp Cherry Street Housing Development Company, INC & L.P. 265-275 Cherry Street (Ny) Owner for $0.00 on 2014-06-27. Show Details
    • Certificate (Other Documents) was filed on 2014-02-11. Parties: The City Of New York Show Details
    • Mortgage Agreement for $172,829,959.20 dated 2013-11-27 between Two Bridges Associates Limited Partnership and Fannie Mae Show Details
    • Fannie Mae was granted Power of Attorney for Beech Street Capital, LLC on 2013-02-04 Show Details
    • L E Ii Corp. & Inc. Apollo Domestic Emerging Market Fund I & Ponte Holdings LLC sold this property to Hp Cherry Street Housing Development Fund Company for $279,315,405.00 on 2013-11-27. Show Details
    • A Miscellaneous legal document filed on 2010-12-17. Parties: Beech Street Capital, LLC Show Details
    • A Miscellaneous legal document filed on 2010-12-17. Parties: Beech Street Capital, LLC Show Details
    • Mortgage Agreement for $0.00 dated 2010-12-10 between Two Bridges Associates Limited Partnership and Two Bridges Associates Limited Partnership Show Details
    • Mortgage Agreement for $0.00 dated 2010-12-10 between Two Bridges Associates Limited Partnership and Two Bridges Associates Limited Partnership Show Details
    • Mortgage Agreement for $0.00 dated 2010-12-10 between Two Bridges Associates Limited Partnership and Two Bridges Associates Limited Partnership Show Details
    • Two Bridges Associates Limited Partnership granted an easement to Two Bridges Associates Limited Partnership on 2010-12-10. Show Details
    • Mortgage Agreement for $0.00 dated 2010-12-10 between Two Bridges Associates Limited Partnership and City Of New York 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, Debtor: Two Bridges Associates Limited Partnership, Secured Party: Beech Street Capital, LLC, Assignee: Fannie Mae Show Details
    • Mortgage Agreement for $175,000,000.00 dated 2010-12-10 between Two Bridges Associates Limited Partnership and Beech Street Capital, LLC Show Details
    • Two Bridges Associates Limited Partnership took a mortgage for $40,000,000.00 from Beech Street Capital, LLC on 2010-12-10. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2010-12-17. Parties: Beech Street Capital, LLC Show Details
    • UCC3 Termination dated 2010-12-17, Debtor: Two Bridges Associates Limited Partnership, Secured Party: New York Community Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2010-12-17. Parties: New York Community Bank 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 between Land'S End Iia Associates and Secretary Of Housing And Urban Development Show Details
    • Lp Acquisitions LLC & Wilford C Lyon Trust & Nam Chu Koh & Robert A Mills & Helen H Drew & The National Housing Partnership & Lucy Gooding Charitable Trust & Bonnie H Smith & Aimco Properties L P sold this property to Endland LLC for $170,785,013.21 on 2008-09-24. Show Details
    • Initial UCC1 dated 2008-10-07, Debtor: Two Bridges Associates Limited Partnership, Secured Party: New York Community Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Two Bridges Associates Limited Partnership by New York Community Bank or 2008-09-24 Show Details
    • Mortgage Agreement for $135,000,000.00 dated 2008-09-24 between New York Community Bank and Two Bridges Associates Limited Partnership Show Details
    • Two Bridges Associates Limited Partnership took a mortgage for $94,384,934.98 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, Debtor: Two Bridges Associates Limited Partnership, Secured Party: Federal Home Loan Mortgage Cor, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 2008-09-24 between Two Bridges Associates Limited Partnership & Formerly Land'S End Ii A Associates and City Of New York Acting By And Through Its Show Details
    • Correct Index/Deed-Office Use (Deeds And Other Conveyances) was filed on 2006-10-24. Parties: Show Details
    • On 2004-03-29 a mortgage on this property was transferred from to . Show Details
    • Mortgage Agreement for $52,000,000.00 dated 2004-03-24 between and Show Details
    • took a mortgage for $34,091,792.51 from 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, Debtor: Two Bridges Associates Limited Partnership, Secured Party: Inc Reilly Mortgage Group, Assignee: Federal Home Loan Mortgage Corporation Show Details
    • Cherry Pike Corp took a mortgage for $400,432.07 from Ids Life Insurance Co on 1993-08-11. Show Details
    • Court Order (Other Documents) was filed on 1985-12-11. Parties: Comissioner Of Finance Show Details
    • Commissioner Of Finance sold this property to City Of New York for $0.00 on 1985-09-30. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1982-06-01. Parties: Land'S End Ii A F/K/A & Two Bridges Associates Show Details
    • On 1980-08-14 a mortgage on this property was transferred from Paige Assocs Huntoon to Manhattan Savings Bank. Show Details
    • Mortgage Agreement for $0.00 dated 1980-08-12 between Two Bridges Associates and Paige Assocs Huntoon Show Details
    • Mortgage Agreement for $0.00 dated 1980-08-12 between Two Bridges Associates and Paige Assocs Huntoon Show Details
    • Mortgage Agreement for $0.00 dated 1978-01-09 between City Of New York and Lands End I I A Associat Show Details
    • Mortgage Agreement for $0.00 dated 1977-10-26 between Sec Of Hsg & Urbn Devlop & Lands End #A Associates and Paige Assocltd Huntoon Show Details
    • Lands End I I A Associat took a mortgage for $0.00 from Paige Assocltd Huntoon on 1977-09-30. Show Details
    • Mortgage Agreement for $0.00 dated 1977-09-29 between City Of New York and Lands End I I A Associat Show Details
    • City Of New York sold this property to Lands End I I A Associat for $0.00 on 1977-09-29. Show Details
    • A Miscellaneous legal document filed on 1973-09-11. Parties: City Of New York & Supreme Court Show Details
    • Court Order (Other Documents) was filed on 1973-09-11. Parties: City Of New York Show Details
    • A Miscellaneous legal document filed on 1969-07-01. Parties: City Of New York Show Details
    • C Stoler & Co Inc took a mortgage for $0.00 from Merruth Realty Corp on 1966-10-18. Show Details
    • Merruth Realty Corp sold this property to C Stoler & Co Inc 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
    NeighborhoodContent object
    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).

    Street View