3 E 48th St
Midtown
New York, NY, 10017

Built in 1920 this 14,700 sq.ft. building is 50% Retail, 50% Office Space and contains 0 residential units and 3 non-residential units.

This property is currently Off Market.

    Transit

    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute M 4 Minute walk, 0.2 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute MRoute 7 5 Minute walk, 0.3 Miles
    • 5th Av-53rd St Route ERoute M 6 Minute walk, 0.3 Miles
    • 51st St Route ERoute MRoute 6 7 Minute walk, 0.4 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 8 Minute walk, 0.4 Miles
    • 50th St Route 1 10 Minute walk, 0.5 Miles
    • 50th St Route CRoute E 12 Minute walk, 0.6 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 13 Minute walk, 0.7 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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    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2014-08-26. Parties: 597 Scribner LLC, Ubs Real Estate Securities Inc., Wilmington Trust, National Association, As Trustee Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2014-08-26. Parties: 597 Scribner LLC, Ubs Real Estate Securities Inc., Wilmington Trust, National Association, As Trustee Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2014-08-26. Parties: Ubs Real Estate Securities Inc., Wilmington Trust, National Association, As Trustee Show Details
    • On 2014-07-31 a mortgage on this property was transferred from Ubs Real Estate Securities Inc. to Wilmington Trust, National Association, As Trustee. Show Details
    • Initial UCC1 dated 2014-06-12, Debtor: 597 Scribner LLC, Secured Party: Ubs Real Estate Securities Inc, Assignee: Show Details
    • UCC3 Termination dated 2014-06-12, Debtor: 597 Scribner LLC, Secured Party: Aareal Capital Corporation, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2014-06-12. Parties: Aareal Capital Corporation Show Details
    • Initial UCC1 dated 2014-06-12, Debtor: 597 Scribner LLC, Secured Party: Ubs Real Estate Securities Inc., Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 597 Scribner LLC by Ubs Real Estate Securities Inc. or 2014-06-05 Show Details
    • Mortgage Agreement for $105,000,000.00 dated 2014-06-05 between 597 Scribner LLC and Ubs Real Estate Securities Inc. Show Details
    • 597 Scribner LLC took a mortgage for $17,700,000.00 from Ubs Real Estate Securities Inc. on 2014-06-05. Show Details
    • On 2014-06-05 a mortgage on this property was transferred from Aareal Capital Corporation to Ubs Real Estate Securities Inc.. Show Details
    • UCC3 Termination dated 2013-08-04, Debtor: 597 Scribner LLC, Secured Party: Aareal Captial Corporation, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2013-07-15. Parties: Aareal Capital Corporation Show Details
    • Initial UCC1 dated 2013-07-15, Debtor: 597 Scribner LLC, Secured Party: Aareal Capital Corporation, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 597 Scribner LLC by Aareal Capital Corporation or 2013-06-28 Show Details
    • Mortgage Agreement for $87,300,000.00 dated 2013-06-28 between 597 Scribner LLC and Aareal Capital Corporation Show Details
    • 597 Scribner LLC took a mortgage for $32,300,000.00 from Aareal Capital Corporation on 2013-06-28. Show Details
    • A Miscellaneous legal document filed on 2012-08-15. Parties: 597 Scribner LLC Show Details
    • Certificate (Other Documents) was filed on 2012-06-29. Parties: Royal Abstract Of New York LLC Show Details
    • Zoning Lot Description (Other Documents) was filed on 2012-06-29. Parties: 597 Scribner LLC Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2011-09-06. Parties: 597 Scribner LLC, Morgan Stanley Mortgage Capital Holdings LLC, Aareal Capital Corporation Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2011-09-06. Parties: Morgan Stanley Mortgage Capital Holdings LLC, Aareal Capital Corporation Show Details
    • On 2011-08-11 a mortgage on this property was transferred from Morgan Stanley Mortgage Capital Holdings LLC to Aareal Capital Corporation. Show Details
    • UCC3 Termination dated 2011-08-05, Debtor: A&A 597 Fifth Avenue, LLC & 3 East 48Th Street, LLC, Secured Party: General Electric Capital Corporation, Assignee: Show Details
    • Initial UCC1 dated 2011-08-05, Debtor: 597 Scribner LLC, Secured Party: Morgan Stanley Mortgage Capital Holdings LLC, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 597 Scribner LLC by Morgan Stanley Mortgage Capital Holdings LLC or 2011-07-08 Show Details
    • Mortgage Agreement for $55,000,000.00 dated 2011-07-08 between 597 Scribner LLC and Morgan Stanley Mortgage Capital Holdings LLC Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2011-08-05. Parties: General Electric Capital Corporation Show Details
    • On 2011-07-07 a mortgage on this property was transferred from General Electric Capital Corporation to Morgan Stanley Mortgage Capital Holdings LLC. Show Details
    • On 2011-07-07 a mortgage on this property was transferred from General Electric Capital Corporation to Morgan Stanley Mortgage Capital Holdings LLC. Show Details
    • General Electric Capital Corporation was granted Power of Attorney for Richard Engel on 2011-07-21 Show Details
    • 3 East 48Th Street, LLC sold this property to 597 Scribner LLC for $9,500,000.00 on 2011-07-08. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2011-03-31. Parties: A&A 597 Fifth Avenue, LLC & 3 East 48Th Street, LLC, General Electric Capital Corporation Show Details
    • Initial UCC1 dated 2006-07-31, Debtor: A&A 597 Fifth Avenue, LLC & 3 East 48Th Street, LLC, Secured Party: General Electric Capital Corporation, Assignee: Show Details
    • Collateral Mortgage (Mortgages & Instruments) was filed on 2006-07-31. Parties: 3 East 48Th Street, LLC, General Electric Capital Corporation Show Details
    • An Assignment of Leases and Rents was granted to by or 2006-07-18 Show Details
    • 3 East 48Th Street, LLC took a mortgage for $4,910,000.00 from General Electric Capital Corporation on 2006-07-18. Show Details
    • 597-3 Fifth Corp. & Edizione Realty Corp. sold this property to 3 East 48Th Street, LLC for $5,887,725.00 on 2006-07-18. Show Details
    • Parents Capital I Lp Satisfied their Mortgage with Edizione Holding Spa on 2006-06-05. Show Details
    • On 1988-07-05 a mortgage on this property was transferred from Dr Associates Iv to 597-3 Fifth Corp. Show Details
    • Parents Capital I Lp sold this property to 597-3 Fifth Corp for $0.00 on 1988-06-24. Show Details
    • On 1988-07-05 a mortgage on this property was transferred from N.A. Citibank to Beleggingsmaatschappij. Show Details
    • A Miscellaneous legal document filed on 1988-07-05. Parties: N.A. Citibank Show Details
    • Mortgage Agreement for $0.00 dated 1985-06-11 between Dr Associates Iv and N.A. Citibank Show Details
    • Dr Associates Iv leased this property from Parents Capital I L.P. on 1985-01-07 Show Details
    • Eli D. Cohen was granted Power of Attorney for Joseph A. Cohen on 1984-08-30 Show Details
    • On 1984-08-30 a mortgage on this property was transferred from L.P. Parents Capital I to N.A. Citibank. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1984-08-30. Parties: Parents Capital I. L.P. Show Details
    • L.P. Parents Capital I took a mortgage for $17,675,000.00 from N.A. Citibank on 1984-08-30. Show Details
    • John W.Tr Schieffelin & Georgem.Tr Schieffelin & Vera B. Scribner & Charles L/W/T Scribner & G. R.Tr Schieffeliln & Louise Slwt Schieffelin & Charles Jr. Tr Scribner sold this property to Parents Capital I L.P. for $0.00 on 1984-08-28. Show Details
    • Thomas J Bigham sold this property to Charles Jr Scribner & Charles Decd Scribner for $0.00 on 1975-01-27. Show Details
    • Georgem Schieffelin sold this property to Charles Jrtr Scribner & L S Decd Tr Schieffelin & G R Tr Schieffelin & John Htr Schieffelin & Georgem Tr Schieffelin for $0.00 on 1973-01-09. Show Details
    • Raanana Associates sold this property to 7 West 36Th Street Corp for $0.00 on 1966-11-21. Show Details
    • Schieffelin Louise sold this property to Schieffelin George Mtr & Schieffeling John Wtr & Scribner Charles Jrtr & Schieffelin Rochardtr & Schieffelin Louise Sde for $0.00 on 1966-11-21. Show Details

    Lot

    Address
    3 E 48th St, 10017
    Square Footage
    2,510
    Lot Type
    Inside
    Dimensions
    25.0ft x 100.42ft
    BBL
    1012840005

    Neighborhood

    Neighborhood
    Midtown
    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    18
    Fire Company
    L004
    School District
    2
    Census Tract
    94

    Zoning

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

    Assessment

    Tax Class
    4
    MV Land
    $1,240,000
    MV Total
    $3,829,000
    AV Land
    $558,000
    AV Total
    $1,723,050

    Floor Area Ratio

    Built FAR
    5.86

    Residential
    Zoned FAR 10.0
    Max 25,100.0 sq. ft.
    Remaining 10,400.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 37,650.0 sq. ft.
    Remaining 22,950.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 37,650.0 sq. ft.
    Remaining 22,950.0 sq. ft.

    Building

    Category
    Store Buildings
    Class
    Store With Apartments Above
    Land Use
    Mixed Residential & Commercial Buildings
    Buildings
    1
    Year Built
    1920
    Alterations
    N/A
    Floors
    6.0
    Residential Units
    0
    Total Units
    3
    Floor Area
    14700
    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