29 E 51st St
Midtown
New York, NY, 10022

Built in 1954 this 262,287 sq.ft. building is 96% Office Space, 4% Retail and contains 0 residential units and 39 non-residential units.

This property is currently Off Market.

    Transit

    • 5th Av-53rd St Route ERoute M 3 Minute walk, 0.1 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute M 7 Minute walk, 0.4 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute MRoute 7 8 Minute walk, 0.4 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 10 Minute walk, 0.5 Miles
    • 50th St Route 1 11 Minute walk, 0.5 Miles
    • 50th St Route CRoute E 13 Minute walk, 0.7 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 17 Minute walk, 0.9 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 18 Minute walk, 0.9 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

    Public Records

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    • 477 Madave Holdings LLC Satisfied their Mortgage with Wells Fargo Bank Na on 2013-08-16. Show Details
    • As Executor Gary S. Gladstein & Estate Of Alan B. Slifka & Kenneth J. Bialkin As Executor sold this property to Sri Ten 477 Madison Trs LLC for $0.00 on 2013-08-07. Show Details
    • As Executor Gary S. Gladstein & Estate Of Alan B. Slifka & As Executor Kenneth J. Bialkin sold this property to Sri Ten 477 Madison LLC for $0.00 on 2013-08-07. Show Details
    • UCC3 Termination dated 2013-08-12, Debtor: Colliers Abr Inc-J Cii J A B Madison Holdings Llc, Secured Party: Wells Fargo Bank, Assignee: Show Details
    • Initial UCC1 dated 2009-08-10, Debtor: Colliers Abr Inc-J Chi J A B Madison Holdings Llc, Secured Party: N.A. As Trustee For The Regi Wells Fargo Bank, Assignee: Show Details
    • UCC3 Termination dated 2005-09-30, Debtor: Financial Models Company Ltd, Secured Party: Canadian Imperial Bank Of Commerce, Assignee: Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2005-06-20. Parties: 477 Madave Holdings, LLC & J.A.B. Madison Holdings, LLC, N.A. Bank Of America, Wells Fargo Bank, Minnesota, N.A. As Trustee Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2005-03-02. Parties: Financial Models Company Ltd, Canadian Imperial Bank Of Commerce Show Details
    • On 2003-11-19 a mortgage on this property was transferred from N.A. Bank Of America to N.A. As Trustee Wells Fargo Bank Minnesota. Show Details
    • UCC3 Amendment dated 2003-11-19, Debtor: 477 Madave Holdings, LLC, Secured Party: N.A. Bank Of America, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 2003-05-27 between Gruner & Jahr Usa and Bank Of America, N.A., Show Details
    • Mortgage Agreement for $0.00 dated 2003-05-27 between Zibro, Inc., A New York Corporation and Bank Of America, N.A., Show Details
    • Mortgage Agreement for $0.00 dated 2003-07-01 between Helena Rubinstein Foundation, Inc., and Bank Of America, N.A., Show Details
    • UCC3 Termination dated 2003-08-28, Debtor: J.A.B. Madison Associates, Secured Party: Hsbc Bank Usa Fka Marine Midland Bank, Assignee: Show Details
    • UCC3 Termination dated 2003-08-28, Debtor: 477 Madave Associates, Secured Party: Hsbc Bank Usa Fka Marine Midland Bank, Assignee: Show Details
    • Initial UCC1 dated 2003-08-28, Debtor: 477 Madave Holdings, LLC & J.A.B. Madison Holdings, LLC, Secured Party: N.A. Bank Of America, Assignee: Show Details
    • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2003-08-26. Parties: J.A.B. Madison Holdings LLC & 477 Madave Holdings LLC, N.A. Bank Of America Show Details
    • On 2003-08-01 a mortgage on this property was transferred from Hsbc Bank Usa to N.A. Bank Of America. Show Details
    • Assignment Of Lease (Other Documents) was filed on 2003-08-26. Parties: J.A.B. Madison Associates LLC, J.A.B. Madison Holdings, LLC Show Details
    • 477 Madave Associates sold this property to 477 Madave Holdings LLC for $0.00 on 2003-07-29. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2001-10-17. Parties: 477 Madave Associates, N.A. Marine Midland Bank Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2001-10-17. Parties: J.A.B. Madison Associates, N.A. Marine Midland Bank Show Details
    • Mortgage Agreement for $0.00 dated 1999-01-05 between J.A.B. Madison Associates and Marine Midland Bank Show Details
    • Mortgage Agreement for $0.00 dated 1997-09-22 between Inc. Zibro and Marine Midland Bank Show Details
    • Mortgage Agreement for $0.00 dated 1997-09-22 between Inc. Zibro and 477 Madave Associates Show Details
    • Mortgage Agreement for $0.00 dated 1997-08-29 between Inc. Goldhirsh Group and 477 Madave Associates Show Details
    • 477 Madave Associates & J.A.B. Madison Associates took a mortgage for $820,000.25 from Marine Midland Bank on 1997-08-19. Show Details
    • Mortgage Agreement for $0.00 dated 1997-08-19 between 477 Madave Associates & J.A.B. Madison Associates and Marine Midland Bank Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1996-12-17. Parties: 477 Madave Associates, N.A. Marine Midland Bank Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1996-12-17. Parties: J.A.B. Madison Associates, N.A. Marine Midland Bank Show Details
    • Mortgage Agreement for $0.00 dated 1995-07-27 between 477 Madave Associates and Inc. Helena Rubinstein Foundation Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1993-03-24. Parties: Bancroft Plaza Inc D/B/A & Bancroft /Dba/, Pittsburgh Nationalbank Show Details
    • On 1993-01-25 a mortgage on this property was transferred from J.A.B. Madave Associates & 477 Madave Associates to Marine Midland Bankna. Show Details
    • Mortgage Agreement for $0.00 dated 1993-01-25 between J.A.B Madison Associates & 477 Madave Associates and Marine Midland Bankn.A. Show Details
    • Initial UCC1 dated 1992-03-03, Debtor: J.A.B. Madison Associates, Secured Party: N.A. Marine Midland Bank, Assignee: Show Details
    • Initial UCC1 dated 1992-03-03, Debtor: 477 Madave Associates, Secured Party: N.A. Marine Midland Bank, Assignee: Show Details
    • Initial UCC1 dated 1988-08-12, Debtor: Bancroft Plaza Inc D/B/A & Bancroft /Dba/, Secured Party: Pittsburgh Nationalbank, Assignee: Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1988-08-12. Parties: Bancroft Plaza Inc & Bancroft Dba, Pittsburgh Natl Bk Show Details
    • 477 Madison Ave Inc sold this property to J.A.B. Madison Assocs for $0.00 on 1986-12-31. Show Details
    • Mortgage Agreement for $0.00 dated 1985-10-29 between Madave Associates and D.M. Group Inc Show Details
    • 477 Madave Associates & Inc. 477 Madison Avenue took a mortgage for $8,000,000.00 from N.A. Marine Midland Bank on 1984-11-14. Show Details
    • New Yk Life Ins Co. sold this property to 477 Madave Associates for $0.00 on 1984-11-07. Show Details
    • New York Life Ins. Co. sold this property to Inc. 477 Madison Ave for $0.00 on 1984-11-07. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1984-11-14. Parties: 477 Madave Associates & Inc. 477 Madison Avenue Show Details
    • Mortgage Agreement for $0.00 dated 1978-04-07 between 477 Madison Ave Inc and Walt Disney Prodctninc Show Details
    • Hudson Pulp&Paper Corp leased this property from 477 Madis Ave Inc on 1969-04-24 Show Details
    • Walt Disney Prod Inc. leased this property from 477 Madison Ave Inc. on 1968-04-05 Show Details
    • Mortgage Agreement for $0.00 dated 1967-07-19 between New York Lif Ins Co and Committ Ecnmic Developem Show Details

    Lot

    Address
    29 E 51st St, 10022
    Square Footage
    15,062
    Lot Type
    Corner
    Dimensions
    100.42ft x 150.0ft
    BBL
    1012870021

    Neighborhood

    Neighborhood
    Midtown
    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    18
    Fire Company
    E008
    School District
    2
    Census Tract
    102

    Zoning

    Zoning District
    C5-3
    Commercial Overlay
    N/A
    Split Zoning
    Yes
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $23,700,000
    MV Total
    $80,018,000
    AV Land
    $10,665,000
    AV Total
    $36,008,100

    Floor Area Ratio

    Built FAR
    17.41

    Residential
    Zoned FAR 10.0
    Max 150,620.0 sq. ft.
    Remaining -111,667.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 225,930.0 sq. ft.
    Remaining -36,357.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 225,930.0 sq. ft.
    Remaining -36,357.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Tower Type
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1954
    Alterations
    N/A
    Floors
    23.0
    Residential Units
    0
    Total Units
    39
    Floor Area
    262287
    Basement
    Full Basement Below Grade
    Proximity
    Attached

    Crime

    This property is located in the Midtown North Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the Midtown North Precinct saw 3618 felony property crimes (Burglary, Grand Larceny and Grand Larceny of Motor Vehicle) committed per 100,000 residents**. This is higher then the borough's property crime rate, which was 1219 over the same period.

    Violent Crime

    High
    In 2015 the Midtown North Precinct saw 603 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