397 8th Ave
Chelsea
New York, NY, 10001

Built in 1900 this 15,158 sq.ft. building is 9% Retail, 19% Other and contains 0 residential units and 2 non-residential units.

This property is currently Off Market.

    Transit

    • 34th St Route ARoute CRoute E 3 Minute walk, 0.2 Miles
    • 28th St Route 1 5 Minute walk, 0.2 Miles
    • 34th St Route 1Route 2Route 3 6 Minute walk, 0.3 Miles
    • 34th St Route BRoute DRoute FRoute MRoute NRoute QRoute R 9 Minute walk, 0.5 Miles
    • 42nd St Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 10 Minute walk, 0.5 Miles
    • 14th St Route ARoute CRoute ERoute L 13 Minute walk, 0.7 Miles
    • 28th St Route 6 15 Minute walk, 0.8 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 17 Minute walk, 0.9 Miles
    • Union Square Route LRoute NRoute QRoute RRoute 4Route 5Route 6 22 Minute walk, 1.2 Miles

    Schools

    • Elementary School

      • 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

      • Zoned to District 2. No zoned school. Contact 718-935-2383 for more information.
    • High School

      • Citywide High School Choice

    Units at this Address

    PriceUnitLast UpdateStatusPublic Records
    23Off Market3

    Public Records

    Get a free price estimate for this property to determine how much it should sell for. Start Now

    • On 2013-11-25 a mortgage on this property was transferred from Ridgewood Savings Bank to Chelsea Star Spe LLC. Show Details
    • This property was sold for $25,500,000.00 on 2013-11-19. Show Details
    • UCC3 Termination dated 2013-03-20, Secured Party: Inc. Citimortgage, Assignee: Show Details
    • Initial Coop UCC1 dated 2010-10-18, Secured Party: N.A. Td Bank Show Details
    • Initial Coop UCC1 dated 2010-08-11, Secured Party: Inc. Citimortgage Show Details
    • A mortgage with Janosch Racz was satisfied on 2005-10-05. Show Details
    • UCC3 Termination dated 2005-10-04, Secured Party: Fourth Federal Savings Bank, Assignee: Show Details
    • UCC3 Termination dated 2005-10-04, Secured Party: Fourth Federeal Savings Bank, Assignee: Show Details
    • A mortgage agreement for $7,500,000.00 was filed on 2005-08-25 Show Details
    • A $3,614,154.84 mortgage was taken from City & Suburban Federal Savings Bank on 2005-08-25. Show Details
    • On 2005-08-23 a mortgage on this property was transferred from Fourth Federal Savings Bank to City & Suburban Federal Savings Bank. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2005-09-13. Show Details
    • This property was sold for $3,000,000.00 on 2005-08-25. Show Details
    • Initial UCC1 dated 2005-09-12, Secured Party: City & Suburban Federal Savings Bank Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2004-08-26. Show Details
    • A $0.00 mortgage was taken from Fa Washington Mutual Bank on 2004-06-29. Show Details
    • A mortgage agreement for $0.00 was filed on 2004-06-29 Show Details
    • A $292,467.17 mortgage was taken from Fa Washington Mutual Bank on 2004-06-29. Show Details
    • On 2004-06-29 a mortgage on this property was transferred from Astoria Federal Savings And Loan Association to Fa Washington Mutual Bank. Show Details
    • Initial UCC1 dated 2004-01-23, Secured Party: Fourth Federal Savings Bank Show Details
    • An Assignment of Leases and Rents was filed on 2003-10-07 Show Details
    • A mortgage agreement for $0.00 was filed on 2003-10-07 Show Details
    • A $689,268.55 mortgage was taken from Fourth Federal Savings Bank on 2003-10-07. Show Details
    • A Miscellaneous legal document filed on 2001-10-02. Show Details
    • On 2001-10-02 a mortgage on this property was transferred from N.A. Wells Fargo Bank Minnesota to Fourth Federal Savings Bank. Show Details
    • A mortgage agreement for $0.00 was filed on 2001-10-02 Show Details
    • On 2001-10-02 a mortgage on this property was transferred from Grand Pacific Finance Corp. to N.A. Wells Fargo Bank Minnesota. Show Details
    • A $1,341,425.47 mortgage was taken from Fourth Federal Savings Bank on 2001-10-02. Show Details
    • On 2001-10-02 a mortgage on this property was transferred from Pja, LLC & L.L.C. Pja to Fourth Federal Savings Bank. Show Details
    • On 2001-10-02 a mortgage on this property was transferred from Grand Pacific Finance Corp. to N.A. Wells Fargo Bank Minnesota. Show Details
    • Initial UCC1 dated 2001-09-10, Secured Party: Forth Federal Savings Bank Show Details
    • UCC3 Termination dated 2001-09-07, Secured Party: Grand Pacific Finance Corp., Assignee: Show Details
    • UCC3 Termination dated 2001-09-07, Secured Party: Grand Pacific Finance Corp., Assignee: Show Details
    • UCC3 Termination dated 2001-09-07, Secured Party: Grand Pacific Finance Corp., Assignee: Show Details
    • On 1999-04-30 a mortgage on this property was transferred from Pja, LLC to Grand Pacific Finance Corp.. Show Details
    • A $2,100,000.00 mortgage was taken from Grand Pacific Finance Corp. on 1999-04-30. Show Details
    • This property was sold for $0.00 on 1999-03-25. Show Details
    • Initial UCC1 dated 1999-04-08, Secured Party: Grand Pacific Finance Corp. Show Details
    • Initial UCC1 dated 1999-04-08, Secured Party: Grand Pacific Finance Corp. Show Details
    • Initial UCC1 dated 1999-04-08, Secured Party: Grand Pacific Finance Corp. Show Details
    • Initial UCC1 dated 1998-03-11, Secured Party: Fsb The Long Island Savingsbank Show Details
    • A Miscellaneous legal document filed on 1995-02-27. Show Details
    • Court Order (Other Documents) was filed on 1988-02-18. Show Details
    • Court Order (Other Documents) was filed on 1988-01-06. Show Details
    • This property was sold for $0.00 on 1987-10-22. Show Details
    • A Miscellaneous legal document filed on 1979-02-21. Show Details
    • This property was sold for $0.00 on 1978-04-10. Show Details
    • This property was sold for $0.00 on 1978-02-28. Show Details
    • This property was sold for $0.00 on 1978-02-28. Show Details
    • A $0.00 mortgage was taken from Central Federal S/Letal on 1978-01-31. Show Details
    • This property was sold for $0.00 on 1978-01-31. Show Details
    • This property was sold for $0.00 on 1976-03-19. Show Details
    • On 1973-06-21 a mortgage on this property was transferred from Laurence Lublin to Edward L Tr Lublin. Show Details
    • On 1972-10-25 a mortgage on this property was transferred from Eleventh Coffee Shopinc to Central Fed S/L Etal. Show Details
    • This property was sold for $0.00 on 1972-10-25. Show Details
    • Sundry Mortgage (Mortgages & Instruments) was filed on 1972-10-25. Show Details
    • Sundry Mortgage (Mortgages & Instruments) was filed on 1972-10-25. Show Details
    • Sundry Mortgage (Mortgages & Instruments) was filed on 1972-10-25. Show Details
    • A mortgage agreement for $0.00 was filed on 1972-10-25 Show Details
    • On 1972-10-25 a mortgage on this property was transferred from Naomi K Esser to Central Fed S/L Etal. Show Details
    • A $0.00 mortgage was taken from Central Fed S/L Etal on 1972-10-25. Show Details
    • This property was sold for $0.00 on 1972-10-11. Show Details
    • This property was sold for $0.00 on 1971-11-01. Show Details
    • This property was sold for $0.00 on 1971-11-01. Show Details
    • A $0.00 mortgage was taken from Shirley Brecher & Walter Brecher & Vivian Pack & Ruth Ross & Lawrence Lublin & Gladys Hollman & Anna Luchs & Charles Lublin & Martin Lublin & Edward Lublin on 1969-10-21. Show Details
    • This property was sold for $0.00 on 1969-10-21. Show Details
    • On 1967-05-26 a mortgage on this property was transferred from Lillian Mex Kissling to Naomi K Esser. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Dec. 24, 2015 and the registration expires Sept. 1, 2016.

    • Corporate Owner: 397 8 Ave Llc, 545 Broadway #308, Brooklyn, NY 11206
    • Managing Agent: Abe Friedman, 545 Broadway #308, Brooklyn, NY 11206
    • Head Officer: Moses Berkowitz, 545 Broadway #308, Brooklyn, NY 11206

    Lot

    Address
    397 8th Ave, 10001
    Square Footage
    6,635
    Lot Type
    Inside
    Dimensions
    92.0ft x 96.75ft
    BBL
    1007530042

    Neighborhood

    Neighborhood
    Chelsea
    Historic District
    N/A
    Community District
    04
    City Council
    3
    Police Precinct
    14
    Fire Company
    L024
    School District
    2
    Census Tract
    97

    Zoning

    Zoning District
    C6-3X
    Commercial Overlay
    N/A
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $2,686,000
    MV Total
    $9,240,000
    AV Land
    $1,208,700
    AV Total
    $4,158,000

    Floor Area Ratio

    Built FAR
    2.28

    Residential
    Zoned FAR 9.0
    Max 59,715.0 sq. ft.
    Remaining 44,557.0 sq. ft.

    Commercial
    Zoned FAR 6.0
    Max 39,810.0 sq. ft.
    Remaining 24,652.0 sq. ft.

    Facility
    Zoned FAR 9.0
    Max 59,715.0 sq. ft.
    Remaining 44,557.0 sq. ft.

    Building

    Category
    Hotels
    Class
    Hotel; Transient Occupancy-Midtown Manhattan Area
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1900
    Alterations
    N/A
    Floors
    4.0
    Residential Units
    0
    Total Units
    2
    Floor Area
    15158
    Basement
    Full Basement Below Grade
    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