305 2nd Ave #803
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 Off Market.

    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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    • UCC3 Termination dated 2016-08-01, Debtor: Rutherford Palace LLC, Secured Party: Oklahoma Fidelity Bank, Assignee: Show Details
    • Release dated 2016-07-08 between Rutherford Palace LLC and Oklahoma Fidelity Bank Show Details
    • Rutherford Palace LLC Satisfied their Mortgage with Oklahoma Fidelity Bank on 2016-07-08. Show Details
    • Mortgage Agreement for $8,227,355.87 dated 2016-01-19 between Rutherford Palace LLC and Oklahoma Fidelity Bank Show Details
    • Initial UCC1 dated 2015-06-16, Debtor: Rutherford Palace LLC, Secured Party: Oklahoma Fidelity Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Rutherford Palace LLC by Oklahoma Fidelity Bank or 2015-05-27 Show Details
    • Rutherford Palace LLC took a mortgage for $15,515,050.00 from Oklahoma Fidelity Bank on 2015-05-27. Show Details
    • Mortgage Agreement for $3,702,459.04 dated 2015-01-14 between Rutherford Palace LLC and Capital One, NA Show Details
    • Mortgage Agreement for $5,102,459.04 dated 2015-01-08 between Rutherford Palace LLC and National Association Capital One Show Details
    • Mortgage Agreement for $15,829,814.64 dated 2014-10-21 between Rutherford Palace LLC and Capital One National Association Show Details
    • Mortgage Agreement for $760,400.00 dated 2014-10-20 between Rutherford Palace LLC and National Association Capital One Show Details
    • Mortgage Agreement for $16,930,653.89 dated 2014-09-29 between Rutherford Palace LLC and Capital One Na Show Details
    • Mortgage Agreement for $24,454,651.29 dated 2014-06-18 between Rutherford Palace LLC and National Association Capital One Show Details
    • Mortgage Agreement for $40,589,284.02 dated 2014-02-13 between Rutherford Palace LLC and National Association Capital One Show Details
    • Mortgage Agreement for $1,152,000.00 dated 2014-05-27 between Rutherford Palace LLC and National Association Capital One Show Details
    • Mortgage Agreement for $30,549,676.06 dated 2014-04-03 between Rutherford Palace LLC and National Association Capital One Show Details
    • Mortgage Agreement for $33,275,926.74 dated 2014-03-26 between Rutherford Palace LLC and National Association Capital One Show Details
    • Mortgage Agreement for $43,996,399.67 dated 2013-12-18 between Rutherford Palace LLC and National Association Capital One Show Details
    • Mortgage Agreement for $46,393,488.49 dated 2013-11-14 between Rutherford Palace LLC and National Association Capital One Show Details
    • Rutherford Palace LLC Satisfied their Mortgage with Rutherford Place Funding Corporation on 2013-05-30. Show Details
    • UCC3 Termination dated 2013-07-09, Debtor: Rutherford Palace LLC, Secured Party: Rutherford Place Funding Corporation, Assignee: Show Details
    • UCC3 Termination dated 2013-07-09, Debtor: Rutherford Palace LLC, Secured Party: Rutherford Place Funding Corporation, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2013-07-09. Parties: Rutherford Palace LLC, Rutherford Place Funding Corporation Show Details
    • An Assignment of Leases and Rents was granted to Rutherford Palace LLC by National Association Capital One or 2013-05-31 Show Details
    • Mortgage Agreement for $50,000,000.00 dated 2013-05-31 between Rutherford Palace LLC and National Association Capital One Show Details
    • On 2013-05-30 a mortgage on this property was transferred from Rutherford Place Funding Corporation to National Association Capital One. Show Details
    • Mortgage Agreement for $52,810,750.00 dated 2013-04-30 between Rutherford Palace LLC and Rutherford Place Funding Corporation 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 $55,000,000.00 dated 2013-02-14 between Rutherford Palace LLC and Rutherford Place Funding Corporation Show Details
    • Mortgage Agreement for $55,000,000.00 dated 2013-01-30 between Rutherford Palace LLC and Rutherford Place Funding Corporation Show Details
    • Mortgage Agreement for $55,000,000.00 dated 2012-08-01 between Rutherford Palace LLC and Rutherford Place Funding Corporation Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2012-04-18. Parties: Rutherford Palace LLC, Rutherford Place Funding Corporation Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2009-03-26. Parties: Rutherford Place Funding Corporation, Rutherford Palace LLC Show Details
    • Initial UCC1 dated 2009-03-26, Debtor: Rutherford Palace LLC, Secured Party: Rutherford Place Funding Corporation, Assignee: Show Details
    • Rutherford Palace LLC took a mortgage for $1,500,000.00 from Rutherford Place Funding Corporation on 2009-03-06. Show Details
    • Mortgage Agreement for $53,500,000.00 dated 2009-03-06 between Rutherford Palace LLC and Rutherford Place Funding Corporation Show Details
    • Mortgage Agreement for $0.00 dated 2009-03-16 between Rutherford Palace LLC and Rutherford Place Funding Corporation Show Details
    • Mortgage Spreader Agreement (Mortgages & Instruments) was filed on 2009-03-26. Parties: Rutherford Palace LLC, Rutherford Place Funding Corporation Show Details
    • UCC3 Termination dated 2007-08-27, Debtor: 305 Second Avenue Asociates, Secured Party: Fair Oak, LLC, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Rutherford Palace LLC by Rutherford Place Funding Corporation or 2007-07-25 Show Details
    • Mortgage Agreement for $55,000,000.00 dated 2007-07-25 between Rutherford Palace LLC and Rutherford Place Funding Corporation Show Details
    • Rutherford Palace LLC took a mortgage for $24,059,853.82 from Rutherford Place Funding Corporation on 2007-07-25. Show Details
    • L.P. 305 Second Avenue Associates sold this property to Rutherford Palace LLC for $0.00 on 2007-07-11. Show Details
    • On 2007-07-19 a mortgage on this property was transferred from Fair Oak, LLC to Rutherford Place Funding Corporation. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-08-27. Parties: Fair Oak, LLC Show Details
    • Initial UCC1 dated 2007-08-02, Debtor: Rutherford Palace LLC, Secured Party: Rutherford Place Funding Corporation, Assignee: 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
    • took a mortgage for $16,000,000.00 from 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 and 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: Show Details

    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 #803, 10003
    Square Footage
    21,432
    Lot Type
    Inside
    Dimensions
    184.0ft x 165.0ft
    BBL
    1008987501
    Condo Number
    437

    Neighborhood

    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
    $23,104
    MV Total
    $222,422
    AV Land
    $10,397
    AV Total
    $100,090

    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