306 5th Ave #1
Midtown South
New York, NY, 10001

Built in 1925 this 14,564 sq.ft. building is 74% Office Space, 26% Retail and contains 0 residential units and 8 non-residential units.

This property is currently Off Market.

    Transit

    • 34th St Route BRoute DRoute FRoute MRoute NRoute QRoute R 4 Minute walk, 0.2 Miles
    • 34th St Route 1Route 2Route 3 7 Minute walk, 0.4 Miles
    • 5th Av Route BRoute DRoute FRoute MRoute 7 10 Minute walk, 0.5 Miles
    • 34th St Route ARoute CRoute E 11 Minute walk, 0.6 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 13 Minute walk, 0.7 Miles
    • Union Square Route LRoute NRoute QRoute RRoute 4Route 5Route 6 15 Minute walk, 0.8 Miles

    Schools

    • Elementary School

      • Warning: This property is located near the boundary of it's school zone.
      • P.S. 033 Chelsea Prep
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Chingchien Wang
        • Phone: 212-244-6426
        • Address: 281 9 Avenue
        • Website: schools.nyc.gov
    • Middle School

      • Warning: This property is located near the boundary of it's school zone.
      • Zoned to District 2. No zoned school. Contact 718-935-2383 for more information.
    • High School

      • Citywide High School Choice

    Public Records

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    • An Assignment of Leases and Rents was granted to Inc. Laokoun Property by Bbcn Bank or 2014-11-19 Show Details
    • Mortgage Agreement for $2,750,000.00 dated 2014-11-19 between Inc. Laokoun Property and Bbcn Bank & Nara Bank Show Details
    • On 2014-11-07 a mortgage on this property was transferred from United States Small Business Administration to Bbcn Bank. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2014-12-10. Parties: Inc. Laokoun Property, Bbcn Bank F/K/A Nara Bank Show Details
    • Inc. Laokoun Property Satisfied their Mortgage with Bbcn Bank F/K/A Nara Bank on 2014-11-19. Show Details
    • Initial UCC1 dated 2014-12-10, Debtor: Inc. Laokoun Property, Secured Party: Bbcn Bank, Assignee: Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2013-07-17. Parties: Inc. Laokoun Property, Nara Bank Show Details
    • Term Of Lien Of Common Charges (Other Documents) was filed on 2012-03-23. Parties: Laokoun Property Inc, Bd Of Managers Of The 306 Fifth Avenue Condominium Show Details
    • Lien Of Common Charges (Other Documents) was filed on 2011-07-08. Parties: Laokoun Property Inc, Bd Of Managers Of The 306 Fifth Avenue Condominium Show Details
    • Tax Lien Sale Certificate (Other Documents) was filed on 2010-08-11. Parties: The City Of New York, The Bank Of New York Mellon Show Details
    • Mortgage Agreement for $0.00 dated 2008-08-07 between Nara Bank and Empire State Certified Development Corporation Show Details
    • On 2008-08-07 a mortgage on this property was transferred from Empire State Certified Development Corporation to U.S. Small Business Administration. Show Details
    • Inc. Laokoun Property took a mortgage for $1,638,000.00 from Empire State Certified Development Corporation on 2008-08-07. Show Details
    • Initial UCC1 dated 2008-07-21, Debtor: Inc. Laokoun Property, Secured Party: Nara Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Inc. Laokoun Property by Nara Bank or 2008-03-28 Show Details
    • On 2008-03-28 a mortgage on this property was transferred from Empire State Certified Development Corporation to Nara Bank. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2008-07-03. Parties: Woori America Bank, 306 Silver Tree LLC Show Details
    • An Assignment of Leases and Rents was granted to Inc. Laokoun Property by Nara Bank or 2008-03-28 Show Details
    • Mortgage Agreement for $2,000,000.00 dated 2008-03-28 between Inc. Laokoun Property and Nara Bank Show Details
    • On 2008-03-28 a mortgage on this property was transferred from Woori America Bank to Nara Bank. Show Details
    • UCC3 Termination dated 2008-05-07, Debtor: 306 Silver Tree LLC, Secured Party: Woori America Bank, Assignee: Show Details
    • Inc. Laokoun Property took a mortgage for $1,600,000.00 from Empire State Certified Development Corporation on 2008-03-28. Show Details
    • Inc. Laokoun Property took a mortgage for $452,495.58 from Nara Bank on 2008-03-28. Show Details
    • 306 Silver Tree LLC sold this property to Inc. Laokoun Property for $4,000,000.00 on 2008-03-28. Show Details
    • Initial UCC1 dated 2005-11-15, Debtor: 306 Silver Tree LLC, Secured Party: Woori America Bank, Assignee: Show Details
    • Torkan Maham Satisfied their Mortgage with First Republic Bank on 2003-06-18. Show Details
    • An Assignment of Leases and Rents was granted to Woori America Bank by 306 Silver Tree LLC or 2005-02-11 Show Details
    • 306 Silver Tree LLC took a mortgage for $1,680,000.00 from Woori America Bank on 2005-02-11. Show Details
    • Torkan Maham sold this property to 306 Silver Tree LLC for $2,400,000.00 on 2005-02-11. Show Details
    • UCC3 Termination dated 2004-01-26, Debtor: Torkan Maham, Secured Party: First Republic Bank, Assignee: Show Details
    • Dolphin Realty Corp. sold this property to Torkan Maham for $0.00 on 2001-08-15. Show Details
    • Torkan Maham took a mortgage for $500,000.00 from First Republic Bank on 2001-10-23. Show Details
    • On 2001-10-23 a mortgage on this property was transferred from Torkan Maham to First Republic Bank. Show Details
    • Initial Coop UCC1 dated 2001-09-04, Debtor: Torkan Maham, Secured Party: First Republic Bank, Assignee: Show Details
    • Discharge Of Tax Lien (Other Documents) was filed on 1999-06-16. Parties: Bank Of New York Show Details
    • A Miscellaneous legal document filed on 1999-06-16. Parties: 306 Fifth Avenue Condominium Show Details
    • Inc. Son & Daughters Satisfied their Mortgage with Cho Hung Bank Of Newyork on 1999-04-07. Show Details
    • Dolphin Realty Corp. took a mortgage for $450,000.00 from Cho Hung Bank Of Newyork on 1999-04-07. Show Details
    • Inc. Son & Daughters sold this property to Dolphin Realty Corp. for $0.00 on 1999-04-07. Show Details
    • Assignment Of Tax Lien (Other Documents) was filed on 1999-01-20. Parties: Nyctl 1997-1 Trust, Bank Of New York Show Details
    • Amendment Of Tax Lien (Other Documents) was filed on 1998-03-12. Parties: Commissioner Of Finance & Bank Of New York Show Details
    • Tax Lien Sale Certificate (Other Documents) was filed on 1997-08-07. Parties: City Of New York, Bank Of New York Show Details
    • Tax Lien Sale Certificate (Other Documents) was filed on 1997-06-18. Parties: City Of New York, Bank Of New York Show Details
    • Tax Lien Sale Certificate (Other Documents) was filed on 1996-06-12. Parties: Bank Of New York, Bank Of New York Show Details
    • R.J. Avanti & J.T. Avanti & R.J. Advaney & J.T. Advaney Satisfied their Mortgage with Citibank on 1995-04-11. Show Details
    • On 1995-04-11 Realty Assistance Corp. Employees Definedetc partially satisfied their mortgage with Show Details
    • A Miscellaneous legal document filed on 1995-02-16. Parties: 306 Fifth Ave Condo Show Details
    • R.J. Advani was granted Power of Attorney for Edmund A. Schaffzin on 1994-12-29 Show Details
    • J.T. Advaney was granted Power of Attorney for Edmund A. Schaffzin on 1994-12-29 Show Details
    • Dou Rei Restaurant & Son & Daughters, INC took a mortgage for $485,000.00 from Cho Hung Bank New York on 1994-12-29. Show Details
    • R.J. Advani & J.T. Advaney sold this property to Inc. Son & Daughters for $0.00 on 1994-10-14. Show Details
    • Initial UCC1 dated 1994-11-09, Debtor: Inc. Son & Daughters, Secured Party: Cho Hung Bank Of Newyork, Assignee: Show Details
    • Initial UCC1 dated 1990-12-06, Debtor: Dou Rei Restaurant Corp, Secured Party: R.J. Advani & J.T. Advaney, Assignee: Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1990-12-06. Parties: Dou Rei Restaurant Corp, R.J. Advani & J.T. Advaney Show Details
    • On 1989-11-27 a mortgage on this property was transferred from Sona Realty Co to Realty Assistance Cp. Show Details
    • On 1989-10-05 a mortgage on this property was transferred from Citibank Na to Sona Realty Co. Show Details
    • On 1989-07-25 a mortgage on this property was transferred from Sona Realty Co to Employees D B Pension Tr & Realty Assistance Corp. Show Details
    • R. J. Advani & J. T. Advani took a mortgage for $200,000.00 from N.A. Citibank on 1984-03-23. Show Details
    • J. T. Advaney was granted Power of Attorney for 306 5Th Ave Cond Bdmgrs on 1984-03-07 Show Details
    • R. J. Advani was granted Power of Attorney for J. T. Advaney on 1984-03-07 Show Details
    • Sunder Thadani & Mithoo Balwani sold this property to R. J. Advani & J. T. Advaney for $0.00 on 1984-02-02. Show Details
    • Declaration (Other Documents) was filed on 1983-12-23. Parties: Sunder Thadani & Mithoo Balwani Show Details
    • Maps filed 1983-12-23 Show Details
    • A Miscellaneous legal document filed on 1983-10-04. Parties: Sunder Thadani & Mithoo Balwani Show Details

    Lot

    Address
    306 5th Ave #1, 10001
    Square Footage
    2,469
    Lot Type
    Inside
    Dimensions
    0.05ft x 100.0ft
    BBL
    1008337501
    Condo Number
    128

    Neighborhood

    Neighborhood
    Midtown South
    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    14
    Fire Company
    L024
    School District
    2
    Census Tract
    76

    Zoning

    Zoning District
    C5-2
    Commercial Overlay
    N/A
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $242,747
    MV Total
    $2,403,000
    AV Land
    $109,236
    AV Total
    $1,081,350

    Floor Area Ratio

    Built FAR
    5.9

    Residential
    Zoned FAR 10.0
    Max 24,690.0 sq. ft.
    Remaining 10,126.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 24,690.0 sq. ft.
    Remaining 10,126.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 24,690.0 sq. ft.
    Remaining 10,126.0 sq. ft.

    Building

    Condo Number
    128
    Category
    Condominiums
    Class
    Retail Space
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1925
    Alterations
    N/A
    Floors
    8.0
    Residential Units
    0
    Total Units
    8
    Floor Area
    14564
    Basement
    Unknown
    Proximity
    Attached

    Crime

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

    Property Crime

    Very high
    In 2015 the Midtown South Precinct saw 11196 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

    Very high
    In 2015 the Midtown South Precinct saw 2014 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