305 2nd Ave #727
Gramercy Park
New York, NY, 10003

Built in 1950 this 201,146 sq.ft. building is 65% Residential, 30% Office Space, 2% Retail, 2% Other and contains 127 residential units and 34 non-residential units.

This property is currently Sold. View Listing

  • Baths: 1
  • Bedrooms: 1
  • Condo: True
  • Floor: 7
  • SQFT: 917

Transit

  • 3rd Av Route L 5 Minute walk, 0.3 Miles
  • 14th St-Union Square Route LRoute NRoute QRoute RRoute 4Route 5Route 6 9 Minute walk, 0.4 Miles
  • Bleecker St Route BRoute DRoute FRoute MRoute 6 19 Minute walk, 1.0 Miles
  • West 4th St Route ARoute BRoute CRoute DRoute ERoute FRoute M 22 Minute walk, 1.2 Miles
  • 14th St Route FRoute LRoute MRoute 1Route 2Route 3 15 Minute walk, 0.8 Miles

Schools

  • Elementary School

    • P.S. 040 Augustus Saint-Gaudens
      • Grades: PK,0K,01,02,03,04,05,SE
      • Principal: Susan Felder
      • Phone: 212-475-5500
      • Address: 319 East 19 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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  • Georgette Gruen Satisfied their Mortgage with Thornburg Mortgage Home Loans Inc & First Republic Bank on 2015-03-13. Show Details
  • John Tantillo Living Trust was granted Power of Attorney for Board Of Managers Rutherford Place Condominium on 2015-02-20 Show Details
  • Georgette Gruen sold this property to The John Tantillo Living Trust & John Tantillo for $1,280,000.00 on 2015-02-20. Show Details
  • Amended Condo Declaration (Other Documents) was filed on 2013-06-11. Parties: Rutherford Place Condominium Show Details
  • Amended Condo Declaration (Other Documents) was filed on 2013-06-11. Parties: Rutherford Place Condominium Show Details
  • Mortgage Agreement for $685,000.00 dated 2011-06-13 between Georgette Gruen and First Republic Bank Show Details
  • Georgette Gruen took a mortgage for $15,000.60 from First Republic Bank on 2011-06-13. Show Details
  • On 2011-06-06 a mortgage on this property was transferred from Bank Of America N.A. to First Republic Bank. Show Details
  • On 2011-05-11 a mortgage on this property was transferred from Mortgage Electronic Registration Systems Inc. to Bank Of America N.A.. Show Details
  • Rutherford Estates, LLC Satisfied their Mortgage with First American Exchange Corporation on 2007-05-02. Show Details
  • Georgette Gruen was granted Power of Attorney for The Board Of Managers Of The Rutherford Place Cond on 2007-06-01 Show Details
  • Georgette Gruen took a mortgage for $670,000.00 from Inc. Mortgage Electronic Registrations Systems on 2007-06-01. Show Details
  • Rutherford Estates LLC sold this property to Georgette Gruen for $932,462.43 on 2007-06-01. Show Details
  • UCC3 Termination dated 2007-01-22, Debtor: Rutherford Estates LLC, Secured Party: Fair Oak, LLC, Assignee: Show Details
  • Termination Of Assign Of L&R (Other Documents) was filed on 2007-01-22. Parties: Fair Oak, LLC, Rutherford Estates LLC Show Details
  • L.P. 305 Second Avenue Associates Satisfied their Mortgage with Rutherford Estates LLC on 2006-12-08. Show Details
  • UCC3 Release / UCC Amendment dated 2006-11-21, Debtor: 305 Second Avenue Associates, Secured Party: Fair Oak LLC, Assignee: Show Details
  • Initial UCC1 dated 2006-11-21, Debtor: Rutherford Estates LLC, Secured Party: Fair Oak, LLC, Assignee: Show Details
  • Subordination Of Mortgage (Mortgages & Instruments) was filed on 2006-11-21. Parties: Fair Oak LLC, First American Exchange Corporation Show Details
  • Rutherford Estates, LLC took a mortgage for $9,000,000.00 from First American Exchange Corporation on 2006-11-06. Show Details
  • An Assignment of Leases and Rents was granted to Fair Oak, LLC by Rutherford Estates, LLC or 2006-11-06 Show Details
  • On 2006-11-06 Rutherford Estates, LLC & L.P. 305 Second Avenue Associates assumed the mortgage granted by Fair Oak, LLC Show Details
  • L.P. 305 Second Avenue Associates sold this property to Rutherford Estates, LLC for $27,325,000.00 on 2006-11-03. Show Details
  • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2006-11-21. Parties: Fair Oak, LLC, L.P. 305 Second Avenue Associates Show Details
  • Release dated 2006-11-06 between Fair Oak, LLC and L.P. 305 Second Avenue Associates Show Details
  • L.P. 305 Second Avenue Associates took a mortgage for $16,000,000.00 from Fair Oak, LLC on 2006-11-06. Show Details
  • L.P. 305 Second Avenue Associates took a mortgage for $32,480,000.00 from Fair Oak, LLC on 2006-11-06. Show Details
  • Mortgage Agreement for $48,480,000.00 dated 2006-11-06 between L.P. 305 Second Avenue Associates and Fair Oak, LLC Show Details
  • An Assignment of Leases and Rents was granted to Fair Oak, LLC by F/K/A 305 Second Avenue Associates & L.P. 305 Second Avenue Associates or 2006-02-23 Show Details
  • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2006-04-06. Parties: F/K/A 305 Second Avenue Associates & L.P. 305 Second Avenue Associates, Fair Oak, LLC Show Details
  • An Assignment of Leases and Rents was granted to Fair Oak, LLC by L.P. 305 Second Avenue Associates or 2004-06-22 Show Details
  • Mortgage Agreement for $38,000,000.00 dated 2004-06-22 between L.P. 305 Second Avenue Associates and Fair Oak, LLC Show Details
  • L.P. 305 Second Avenue Associates took a mortgage for $2,449,899.00 from Fair Oak, LLC on 2004-06-22. Show Details
  • Termination Of Assign Of L&R (Other Documents) was filed on 2004-08-31. Parties: Fair Oak, LLC, L.P. 305 Second Avenue Associates Show Details

Listing History

HPD Registration

This building was last registered at the Department of Housing Preservation and Development on Nov. 16, 2016 and the registration expires Sept. 1, 2017.

  • Corporate Owner: 305 Second Avenue Associates/Orb Mgt, 421 Hudson Street #LL, New York, NY 10014
  • Managing Agent: Orb Management Ltd., June Polichetti, 421 Hudson Street #LL, New York, NY 10014
  • Head Officer: Barnet Liberman, 421 Hudson Street #LL, New York, NY 10014
  • Officer: Winthrop Chamberlin, 421 Hudson Street #LL, New York, NY 10014
  • Site Manager: William Werns,

Building Tips

Lot

Address
305 2nd Ave #727, 10003
Square Footage
21,432
Lot Type
Inside
Dimensions
184.0ft x 165.0ft
BBL
1008987501
Condo Number
437

Neighborhood

Neighborhood
Gramercy Park
Historic District
N/A
Community District
06
City Council
2
Police Precinct
13
Fire Company
E005
School District
2
Census Tract
48

Zoning

Zoning District
R9A
Commercial Overlay
N/A
Split Zoning
Yes
Special Purpose
N/A
Limited Height
N/A
Landmark
N/A

Assessment

Tax Class
2
MV Land
$27,282
MV Total
$262,628
AV Land
$12,277
AV Total
$118,183

Floor Area Ratio

Built FAR
9.39

Residential
Zoned FAR 7.52
Max 161,168.64 sq. ft.
Remaining -39,977.36 sq. ft.

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

Facility
Zoned FAR 7.52
Max 161,168.64 sq. ft.
Remaining -39,977.36 sq. ft.

Building

Condo Number
437
Category
Condominiums
Class
Condo; Residential Unit In Elevator Bldg.
Land Use
Mixed Residential & Commercial Buildings
Buildings
1
Year Built
1950
Alterations
N/A
Floors
10.0
Residential Units
127
Total Units
161
Floor Area
201146
Basement
Unknown
Proximity
Unknown

Crime

This property is located in the 13th Precinct of Manhattan.

Property Crime

Very high
In 2015 the 13th Precinct saw 1756 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

Low
In 2015 the 13th Precinct saw 390 felony violent crimes (Murder, Rape, Robbery and Felony Assault) committed per 100,000 residents**. This is lower 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