40 E 54th St
Midtown
New York, NY, 10022

Built in 1985 this 197,948 sq.ft. building is 93% Office Space, 4% Retail, 3% Garage Space, 0% Other and contains 0 residential units and 31 non-residential units.

This property is currently Off Market.

    Transit

    • 5th Av-53rd St Route ERoute M 2 Minute walk, 0.1 Miles
    • Lexington Av-53rd St Route ERoute MRoute 6 5 Minute walk, 0.2 Miles
    • 57th St Route F 8 Minute walk, 0.4 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute M 10 Minute walk, 0.5 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute MRoute 7 11 Minute walk, 0.6 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 13 Minute walk, 0.7 Miles
    • 59th St Route ARoute BRoute CRoute DRoute 1 15 Minute walk, 0.8 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 20 Minute walk, 1.0 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 21 Minute walk, 1.1 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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    • This property was sold for $0.00 on 2011-04-01. Show Details
    • UCC3 Termination dated 2008-09-23, Secured Party: Deutsche Bank Trust Company Americas, Assignee: Show Details
    • Release dated 2008-09-17. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2008-09-23. Show Details
    • This property was sold for $225,000,000.00 on 2008-09-17. Show Details
    • A mortgage agreement for $1,566,833,348.61 was filed on 2008-09-17 Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2008-08-20. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2008-05-02. Show Details
    • On 2008-04-14 a mortgage on this property was transferred from U.S. Bank National Association to Deutsche Bank Ag. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2008-05-02. Show Details
    • On 2008-01-02 a mortgage on this property was transferred from National Association Lasalle Bank to U.S. Bank National Association. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2008-01-29. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2008-01-29. Show Details
    • On 2007-05-17 a mortgage on this property was transferred from German American Capital Corporation to As Trustee Lasalle Bank National Association. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2007-06-22. Show Details
    • A mortgage agreement for $1,600,000.00 was filed on 2007-05-15 Show Details
    • On 2007-04-03 a mortgage on this property was transferred from Deutsche Bank Trust Company Americas to German American Capital Corporation. Show Details
    • A mortgage agreement for $1,600,000.00 was filed on 2007-05-15 Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2007-06-08. Show Details
    • Initial UCC1 dated 2007-03-12, Secured Party: Deutsche Bank Trust Company Americas Show Details
    • An Assignment of Leases and Rents was filed on 2007-02-09 Show Details
    • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2007-02-23. Show Details
    • This property was sold for $234,641,309.00 on 2007-02-09. Show Details
    • Initial UCC1 dated 2000-11-06, Secured Party: Stichting Pensioenfonds Voor De Gezondheld En Show Details
    • UCC3 Amendment dated 2000-09-22, Secured Party: Stichting Pensioenfonds Voor De Gezondheid Show Details
    • UCC3 Amendment dated 2000-09-22, Secured Party: Stichting Pensioenfonds Voor De Gezondheid Show Details
    • Initial UCC1 dated 1999-05-20, Secured Party: Watch Holdings, LLC Show Details
    • UCC3 Amendment dated 1999-05-10, Secured Party: Stichting Pensioenfonds Voor De Gezondheid Show Details
    • A mortgage agreement for $0.00 was filed on 1998-11-24 Show Details
    • A mortgage agreement for $0.00 was filed on 1998-11-24 Show Details
    • This property was sold for $0.00 on 1998-01-20. Show Details
    • On 1998-06-01 a mortgage on this property was transferred from Cstone-527 Madison Inc. to Stichting Pensioenfonds Voor De Etal. Show Details
    • A Miscellaneous legal document filed on 1998-06-01. Show Details
    • A mortgage agreement for $0.00 was filed on 1998-06-01 Show Details
    • On 1998-06-01 a mortgage on this property was transferred from Bankers Trust Company to Stichting Penioenfonds Voor De Gezondheid Etal. Show Details
    • A Power of Attorney associated with this address was filed on 1998-06-01 Show Details
    • Initial UCC1 dated 1998-03-05, Secured Party: Stichting Pensioenfonds Voor De Gezondheid Show Details
    • Initial UCC1 dated 1997-12-15, Secured Party: Stichting Pensioenfonds Voor De Gezondheid Show Details
    • UCC3 Termination dated 1997-07-25, Secured Party: Bankers Trust Company, Assignee: Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1997-04-15. Show Details
    • On 1997-03-28 a mortgage on this property was transferred from Bankers Trust Company to Bankers Trust Company. Show Details
    • A mortgage agreement for $0.00 was filed on 1997-03-28 Show Details
    • On 1997-03-28 a mortgage on this property was transferred from Bankers Trust Company to Bankers Trust Company. Show Details
    • This property was sold for $0.00 on 1997-02-13. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1996-08-06. Show Details
    • A $35,000,000.00 mortgage was taken from Property Equity Corp. on 1996-08-01. Show Details
    • On 1996-08-01 a mortgage on this property was transferred from Ap Hoya, LLC to Property Equity Corp. Show Details
    • A Miscellaneous legal document filed on 1996-08-01. Show Details
    • On 1996-08-01 a mortgage on this property was transferred from 527 Madison Holdings to Property Equity Corp.. Show Details
    • On 1996-08-01 a mortgage on this property was transferred from Ap Hoya, L.L.C., to Property Equity Corp.. Show Details
    • Declaration (Other Documents) was filed on 1996-08-01. Show Details
    • On 1996-08-01 a mortgage on this property was transferred from Property Equity Corp. to Bankers Trust Co.. Show Details
    • On 1996-08-01 a mortgage on this property was transferred from Property Equity Corp. to Bankers Trust Co.. Show Details
    • Initial UCC1 dated 1996-07-29, Secured Party: Property Equity Corp. Show Details
    • On 1996-07-03 a mortgage on this property was transferred from Ltd. Sumitomo Trust & Banking Co to Ap Hoya, LLC. Show Details
    • On 1996-07-03 a mortgage on this property was transferred from Ltd Sumitomo Trust & Banking Co to Apollo Real Estate Investment Fund Ii Lp. Show Details
    • A mortgage agreement for $0.00 was filed on 1995-06-30 Show Details
    • UCC3 Termination dated 1994-05-26, Secured Party: Ltd. Sumitomo Trust & Banking Co., Assignee: Show Details
    • UCC3 Termination dated 1994-05-13, Secured Party: Ltd. Sumitomo Trust & Banking Co., Assignee: Show Details
    • UCC3 Termination dated 1994-04-15, Secured Party: Ltd. Sumitomo Trust & Banking Co., Assignee: Show Details
    • Initial UCC1 dated 1991-06-07, Secured Party: Ltd. Sumitomo Trust & Banking Co. Show Details
    • Initial UCC1 dated 1991-06-07, Secured Party: Ltd. Sumitomo Trust & Banking Co. Show Details
    • Initial UCC1 dated 1991-06-07, Secured Party: Ltd. Sumitomo Trust & Banking Co. Show Details
    • A mortgage agreement for $0.00 was filed on 1989-02-14 Show Details
    • A mortgage agreement for $0.00 was filed on 1989-02-14 Show Details
    • This property was leased on 1989-02-14 Show Details
    • A mortgage agreement for $0.00 was filed on 1988-11-09 Show Details
    • A mortgage agreement for $0.00 was filed on 1988-09-07 Show Details
    • A mortgage agreement for $0.00 was filed on 1988-09-07 Show Details
    • On 1988-04-20 a mortgage on this property was transferred from Continental Ill Ntlb&T to Sumitomo Trust &Bkngco. Show Details
    • On 1988-04-20 a mortgage on this property was transferred from 527 Madison Holdings to Sumitomo Trust &Bkngco. Show Details
    • A mortgage agreement for $0.00 was filed on 1988-04-20 Show Details
    • A mortgage agreement for $0.00 was filed on 1988-04-20 Show Details
    • A $19,000,000.00 mortgage was taken from Sumitomo Tr & Bkg Coltd on 1988-04-20. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1988-04-19. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1988-04-19. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1988-04-19. Show Details
    • A $6,000,000.00 mortgage was taken from Continental Illino Etal on 1987-07-01. Show Details
    • An easement was granted on 1986-12-19. Show Details
    • A $15,000,000.00 mortgage was taken from Continental Illinoisetc on 1986-09-08. Show Details
    • On 1986-06-24 a mortgage on this property was transferred from Continental Illinoisetc to Sumitomo Trt & Bkg Co Ld. Show Details
    • A mortgage agreement for $0.00 was filed on 1986-06-24 Show Details
    • A $22,500,000.00 mortgage was taken from Continental Illinoisetc on 1986-06-24. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1986-06-24. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 1986-06-02. Show Details
    • This property was leased on 1986-04-23 Show Details
    • This property was sold for $0.00 on 1986-04-23. Show Details
    • Certificate (Other Documents) was filed on 1985-01-07. Show Details
    • A Miscellaneous legal document filed on 1985-01-07. Show Details
    • A mortgage agreement for $0.00 was filed on 1984-02-14 Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1984-01-20. Show Details
    • On 1984-01-20 a mortgage on this property was transferred from Jacob A. Melnick to Continental Illinoisetc. Show Details
    • On 1984-01-20 a mortgage on this property was transferred from Rosl Lowey to Continental Illinoisetc. Show Details
    • On 1984-01-20 a mortgage on this property was transferred from Rosalin E. Melnick to Continental Illinoisetc. Show Details
    • On 1984-01-20 a mortgage on this property was transferred from Barry Tenzer to Continental Illinoisetc. Show Details
    • On 1984-01-20 a mortgage on this property was transferred from Joan Ann Miller to Continental Illinoisetc. Show Details
    • On 1984-01-20 a mortgage on this property was transferred from Steven W. Melnick to Continental Illinoisetc. Show Details
    • On 1984-01-20 a mortgage on this property was transferred from Emigrant Savings Bank to Continental Illinoisetc. Show Details
    • On 1984-01-20 a mortgage on this property was transferred from Howard Solomon to Continental Illinoisetc. Show Details
    • On 1984-01-20 a mortgage on this property was transferred from Shelley R. Mendell to Continental Illinoisetc. Show Details
    • ... and 38 older documents.

    Lot

    Address
    40 E 54th St, 10022
    Square Footage
    11,650
    Lot Type
    Corner
    Dimensions
    60.42ft x 148.0ft
    BBL
    1012890052

    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
    $24,300,000
    MV Total
    $121,602,000
    AV Land
    $10,935,000
    AV Total
    $54,720,900

    Floor Area Ratio

    Built FAR
    16.99

    Residential
    Zoned FAR 10.0
    Max 116,500.0 sq. ft.
    Remaining -81,448.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 174,750.0 sq. ft.
    Remaining -23,198.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 174,750.0 sq. ft.
    Remaining -23,198.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Tower Type
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1985
    Alterations
    N/A
    Floors
    25.0
    Residential Units
    0
    Total Units
    31
    Floor Area
    197948
    Basement
    Unknown
    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