408 5th Ave #27
Midtown South
New York, NY, 10018

Built in 1990 this 686,415 sq.ft. building is 61% Factory, 27% Office Space, 10% Storage, 2% Other and contains 0 residential units and 35 non-residential units.

This property is currently Off Market.

    Transit

    • 5th Av Route BRoute DRoute FRoute MRoute 7 4 Minute walk, 0.2 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 7 Minute walk, 0.3 Miles
    • Times Square-42nd St Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 8 Minute walk, 0.4 Miles
    • 34th St Route BRoute DRoute FRoute MRoute NRoute QRoute R 6 Minute walk, 0.3 Miles

    Schools

    • Elementary School

      • Warning: This property is located near the boundary of it's school zone.
      • P.S. 051 Elias Howe
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Nancy Sing Bock
        • Phone: 212-315-7160
        • Address: 525 West 44Th Street
        • 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

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

    • UCC3 Release / UCC Amendment dated 2010-08-05, Debtor: Emerald Mercer LLC & Warrenby Mercer LLC, Secured Party: National Association Wells Fargo Bank, Assignee: Show Details
    • Emerald Mercer LLC & Warrenby Mercer LLC sold this property to Inc. Unipec America for $8,547,270.00 on 2010-07-22. Show Details
    • Release dated 2010-07-22 between Wells Fargo Bank National Association and Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2010-08-05. Parties: Wells Fargo Bank National Association Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2010-08-05. Parties: Nrfc Wa Holdings Ii, LLC, Wells Fargo Bank National Association Show Details
    • On 2007-07-31 a mortgage on this property was transferred from Nrfc Wa Holdings Ii, LLC to Wells Fargo Bank National Association. Show Details
    • UCC3 Termination dated 2007-10-02, Debtor: Fifth Avenue Properties LLC, Secured Party: Credit Suisse First Boston Mortgagecapital LLC, Assignee: Show Details
    • Initial UCC1 dated 2007-10-02, Debtor: Emerald Mercer LLC & Warrenby Mercer LLC, Secured Party: Nrfc Wa Holdings Ii, LLC, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Emerald Mercer LLC & Warrenby Mercer LLC by Nrfc Wa Holdings Ii, LLC or 2007-07-31 Show Details
    • Mortgage Spreader Agreement (Mortgages & Instruments) was filed on 2007-10-02. Parties: Emerald Mercer LLC & Warrenby Mercer LLC, Nrfc Wa Holdings Ii, LLC Show Details
    • Emerald Mercer LLC & Warrenby Mercer LLC took a mortgage for $1,892,866.12 from Nrfc Wa Holdings Ii, LLC on 2007-07-31. Show Details
    • On 2007-07-31 a mortgage on this property was transferred from N.A. Wells Fargo Bank to Nrfc Wa Holdings Ii, LLC. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2003-06-16. Parties: Credit Suisse First Boston Mortgage Capital LLC, Wells Fargo Bank Minnesota, N.A., As Trustee Show Details
    • On 2003-01-27 a mortgage on this property was transferred from Credit Suisse First Boston Mortgage Capital LLC to Wells Fargo Bank Minnesota, N.A., As Trustee. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2003-05-06. Parties: Fifth Avenue Properties LLC, Credit Suisse First Boston Mortgage Capital, LLC, Wells Fargo Bank Minnesota, N.A., As Trustee Show Details
    • Initial UCC1 dated 2000-05-12, Debtor: Fifth Avenue Properties LLC, Secured Party: Credit Suisse Firstboston Mortgage Capital LLC, Assignee: Show Details
    • Fifth Avenue Properties LLC took a mortgage for $3,350,000.00 from Credit Suisse Firstboston Mortgage Capital LLC on 2000-04-05. Show Details
    • Fifth Avenue Properties, LLC was granted Power of Attorney for 420 Fifth Avenue Condominium on 2000-04-05 Show Details
    • Development Bank Ofsingapore Limited sold this property to Fifth Avenue Properties, LLC for $0.00 on 2000-03-23. Show Details
    • On 2000-04-05 a mortgage on this property was transferred from Fifth Avenue Properties LLC to Credit Suisse Firstboston Mortgage Capital LLC. Show Details
    • A Miscellaneous legal document filed on 1999-04-30. Parties: 420 Fifth Avenue Condominium Show Details
    • Declaration (Other Documents) was filed on 1997-11-06. Parties: 420 Fifth Avenue Condominium Show Details
    • A Miscellaneous legal document filed on 1995-01-05. Parties: 420 Fifth Avenue Condo Show Details
    • A Miscellaneous legal document filed on 1994-10-07. Parties: 420 Fifth Avenue Condo Show Details
    • Development Bk/Singapore was granted Power of Attorney for 420 Fifth Ave Condob/Mn on 1993-12-21 Show Details
    • Hammerson New York Inc sold this property to Development Bk/Singapore for $0.00 on 1993-12-15. Show Details
    • A Miscellaneous legal document filed on 1993-09-24. Parties: 420 Fifth Ave Condob/Mg Show Details
    • Declaration (Other Documents) was filed on 1993-09-24. Parties: 420 Fifth Ave Condo Show Details
    • Declaration (Other Documents) was filed on 1992-05-13. Parties: Hammerson Fifth Aveinc Show Details
    • Maps filed 1992-05-13 Show Details

    Lot

    Address
    408 5th Ave #27, 10018
    Square Footage
    28,638
    Lot Type
    Corner
    Dimensions
    0.65ft x 145.0ft
    BBL
    1008397501
    Condo Number
    803

    Neighborhood

    Neighborhood
    NeighborhoodContent object
    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    14
    Fire Company
    E065
    School District
    2
    Census Tract
    84

    Zoning

    Zoning District
    C5-3
    Commercial Overlay
    N/A
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $124,693
    MV Total
    $3,868,208
    AV Land
    $56,112
    AV Total
    $1,740,694

    Floor Area Ratio

    Built FAR
    23.97

    Residential
    Zoned FAR 10.0
    Max 286,380.0 sq. ft.
    Remaining -400,035.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 429,570.0 sq. ft.
    Remaining -256,845.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 429,570.0 sq. ft.
    Remaining -256,845.0 sq. ft.

    Building

    Condo Number
    803
    Category
    Condominiums
    Class
    Warehouse/Factory/Industrial
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1990
    Alterations
    N/A
    Floors
    30.0
    Residential Units
    0
    Total Units
    35
    Floor Area
    686415
    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