31 E 53rd St
Midtown
New York, NY, 10022

Built in 1931 this 331,020 sq.ft. building is 98% Office Space, 2% Retail and contains 0 residential units and 86 non-residential units.

This property is currently Off Market.

    Transit

    • 5th Av-53rd St Route ERoute M 0 Minute walk, 0.0 Miles
    • Lexington Av-53rd St Route ERoute MRoute 6 4 Minute walk, 0.2 Miles
    • 57th St Route F 9 Minute walk, 0.5 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute MRoute 7 10 Minute walk, 0.5 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 12 Minute walk, 0.6 Miles
    • 50th St Route 1 13 Minute walk, 0.6 Miles
    • 50th St Route CRoute E 15 Minute walk, 0.8 Miles
    • 59th St Route ARoute BRoute CRoute DRoute 1 16 Minute walk, 0.8 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 19 Minute walk, 1.0 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 20 Minute walk, 1.0 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 Termination dated 2013-10-22, Debtor: 515 Madison Group Inc., Secured Party: Inc. Leasing Innovations, Assignee: Show Details
    • Initial UCC1 dated 2013-03-25, Debtor: 515 Madison Group Inc., Secured Party: Inc. Leasing Innovations, Assignee: Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2013-03-18. Parties: N.A. Wells Fargo Bank, As Trustee U.S. Bank National Association Show Details
    • On 2013-02-20 a mortgage on this property was transferred from N.A. Wells Fargo Bank to As Trustee U.S. Bank National Association. Show Details
    • An Assignment of Leases and Rents was granted to 515 Madison LLC by National Association Wells Fargo Bank or 2012-12-21 Show Details
    • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2013-01-22. Parties: 515 Madison LLC, National Association Wells Fargo Bank Show Details
    • M-S 515 LLC sold this property to 515 Jv LLC for $31,020,000.00 on 2012-12-21. Show Details
    • 515 Madison LLC Satisfied their Mortgage with National Asociation Wells Fargo Bank on 2012-12-28. Show Details
    • Block 1289 Associates sold this property to M-S 515 LLC for $10,034,080.00 on 2009-12-31. Show Details
    • 515 Madison Avenue Associates sold this property to M-S 515 LLC for $0.00 on 2009-12-31. Show Details
    • Strand Associates & Carol Gold & Harry Subin sold this property to Atco 515 LLC for $22,700,000.00 on 2009-12-31. Show Details
    • Termination Of Lease Or Memo (Other Documents) was filed on 2010-01-21. Parties: Block 1289 Associates, 515 Madison Avenue Associates Show Details
    • Release dated 2009-12-31 between Block 1289 Associates and 515 Madison Avnue Associates Show Details
    • An Assignment of Leases and Rents was granted to 515 Madison LLC by National Association Wells Fargo Bank or 2009-12-31 Show Details
    • 515 Madison LLC took a mortgage for $70,000,000.00 from National Association Wells Fargo Bank on 2009-12-31. Show Details
    • 53Rd Street Jv Associates LLC sold this property to 515 Jv LLC for $75,666,667.00 on 2009-12-31. Show Details
    • Strand Associates & The Hemmerdinger Corporation & 53Rd Street Associates, LLC & Carol Gold & Harry Subin sold this property to 53Rd Street Jv Associates LLC for $75,666,667.00 on 2009-12-31. Show Details
    • Block 1289 Associates sold this property to 515 Madison LLC for $57,318,335.00 on 2009-12-31. Show Details
    • Termination Of Lease Or Memo (Other Documents) was filed on 2010-01-12. Parties: 515 Madison Avenue Associates, Strand Associates & The Hemmerdinger Corporation & Carol Gold & Harry I Subin Show Details
    • Termination Of Lease Or Memo (Other Documents) was filed on 2010-01-12. Parties: 53Rd Street Associates LLC, Strand Associates & The Hemmerdinger Corporation & Carol Gold & Harry Subin Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2009-10-27. Parties: 515 Madison Avenue Associates, 53Rd Street Associates, LLC Show Details
    • Mortgage Agreement for $0.00 dated 2006-06-12 between Block 1289 Associates & 515 Madison Ave Associates and Inc. Hartman Rare Art Show Details
    • Mortgage Agreement for $0.00 dated 2006-03-16 between Strand Associates & The Hemmerdinger Corporation & Carol Gold & Harry Subin and Inc. Hartman Rare Art Show Details
    • Initial UCC1 dated 1999-07-20, Debtor: Dds Partners, LLC, Secured Party: Inc. Leasing Technologiesinternational, Assignee: Show Details
    • Initial UCC1 dated 1995-01-25, Debtor: Block 1289 Associates, Secured Party: 515 Madison Avenue Associates, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1994-12-20 between Block 1289 Associates and 515 Madison Avenue Associates Show Details
    • On 1994-12-20 a mortgage on this property was transferred from Federal Deposit Insurance Corporation to Emigrant Savings Bank. Show Details
    • On 1994-12-20 a mortgage on this property was transferred from Emigrant Savings Bank to 515 Madison Avenue Associates. Show Details
    • On 1994-12-20 a mortgage on this property was transferred from Block 1289 Associates to 515 Madison Avenue Assocites. Show Details
    • Mortgage Agreement for $0.00 dated 1988-05-25 between Dollar Dry Dock Svgsbk and Block 1289 Associates Show Details
    • 515 Madison Ave Assoc & 515 Madison Ave Corp & Carpenter Madison Corp Satisfied their Mortgage with S.W.Straus Investngcorp & Manufactures Hnv Trco & Metropiltan Life Insco on 1988-04-06. Show Details
    • Cardiff Corporation sold this property to Block 1289 Associates for $0.00 on 1983-12-21. Show Details
    • Mortgage Agreement for $0.00 dated 1983-09-15 between Cardiff Corporation and Dollar Dry Dock Sv Bk/Ny Show Details
    • Straw Man Realty Corp sold this property to Cardiff Corp for $0.00 on 1978-07-27. Show Details
    • Mortgage Agreement for $0.00 dated 1978-06-26 between Straw Man Realty Corp and Dollar Svngs Bnk Ny Show Details
    • Cardiff Corp sold this property to Straw Man Realty Corp for $0.00 on 1978-06-19. Show Details
    • On 1977-04-05 a mortgage on this property was transferred from David L Decdex Subin to Harry I Subin & Natalie Shapiro & Carol Gold. Show Details
    • Mortgage Agreement for $0.00 dated 1968-04-08 between Straw Man Inc. and Dollar Savs Bnk Cityny Show Details
    • Straw Man Inc. sold this property to Cardiff Corp. for $0.00 on 1968-04-03. Show Details
    • Straw Man Inc took a mortgage for $0.00 from Dollar Savs Bnk Cityny on 1968-04-03. Show Details
    • Fielding Jack F. sold this property to Straw Man Inc for $0.00 on 1968-04-03. Show Details
    • A.B.-Madison Ave. Corp sold this property to Fielding Jack F. for $0.00 on 1968-04-03. Show Details

    Lot

    Address
    31 E 53rd St, 10022
    Square Footage
    13,175
    Lot Type
    Corner
    Dimensions
    60.42ft x 165.0ft
    BBL
    1012890021

    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
    $21,100,000
    MV Total
    $109,460,000
    AV Land
    $9,495,000
    AV Total
    $49,257,000

    Floor Area Ratio

    Built FAR
    25.12

    Residential
    Zoned FAR 10.0
    Max 131,750.0 sq. ft.
    Remaining -199,270.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 197,625.0 sq. ft.
    Remaining -133,395.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 197,625.0 sq. ft.
    Remaining -133,395.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Tower Type
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1931
    Alterations
    N/A
    Floors
    42.0
    Residential Units
    0
    Total Units
    86
    Floor Area
    331020
    Basement
    Full Basement Below Grade
    Proximity
    Unknown

    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