408 Broadway
Tribeca
New York, NY, 10013

Built in 1915 this 56,210 sq.ft. building is 82% Office Space, 18% Retail and contains 0 residential units and 3 non-residential units.

This property is currently Off Market.

    Transit

    • Canal St (UL) Route JRoute NRoute QRoute RRoute ZRoute 6 1 Minute walk, 0.0 Miles
    • Canal St Route ARoute CRoute E 4 Minute walk, 0.2 Miles
    • Franklin St Route 1 6 Minute walk, 0.3 Miles
    • Chambers St Route JRoute ZRoute 4Route 5Route 6 8 Minute walk, 0.4 Miles
    • Chambers St Route ARoute CRoute ERoute 2Route 3 10 Minute walk, 0.5 Miles
    • Broadway-Lafayette St Route BRoute DRoute FRoute MRoute 6 11 Minute walk, 0.5 Miles

    Schools

    • Elementary School

      • Spruce Street School
        • Grades: PK,0K,01,02,03,04,05,06,SE
        • Principal: Nancy Harris
        • Phone: 212-266-4800
        • Address: 12 Spruce 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, students receive priority to Millennium High School (02M418).

    Public Records

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    • Termination Of Assign Of L&R (Other Documents) was filed on 2013-11-06. Parties: Signature Bank Show Details
    • An Assignment of Leases and Rents was granted to 408 Bway Realty LLC by Signature Bank or 2013-10-09 Show Details
    • Mortgage Agreement for $30,000,000.00 dated 2013-10-09 between Signature Bank and 408 Bway Realty LLC Show Details
    • 408 Bway Realty LLC took a mortgage for $7,631,360.55 from Signature Bank on 2013-10-09. Show Details
    • Mortgage Agreement for $0.00 dated 2013-06-30 between Signature Bank and Ideo LLC Show Details
    • An Assignment of Leases and Rents was granted to 408 Bway Realty LLC by Signature Bank or 2011-05-03 Show Details
    • Mortgage Agreement for $22,500,000.00 dated 2011-05-03 between Signature Bank and 408 Bway Realty LLC Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2011-05-24. Parties: Tribeca Funding Group, LLC Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2011-05-24. Parties: Capmark Bank, Tribeca Funding Group, LLC Show Details
    • On 2011-05-03 a mortgage on this property was transferred from Tribeca Funding Group, LLC to Signature Bank. Show Details
    • Certificate Of Reduction (Mortgages & Instruments) was filed on 2011-05-24. Parties: Hkarten Realty Co., LLC & Apollo Rooms Associates LLC, Capmark Bank Show Details
    • On 2011-05-03 a mortgage on this property was transferred from Capmark Bank to Tribeca Funding Group LLC. Show Details
    • Hkarten Realty Co., LLC sold this property to 408 Bway Realty LLC for $14,350,000.00 on 2011-05-03. Show Details
    • Apollo Rooms Associates, LLC sold this property to 408 Bway Realty LLC for $14,350,000.00 on 2011-05-03. Show Details
    • UCC3 Termination dated 2011-05-11, Debtor: Hkarten Realty Co., LLC, Secured Party: Capmark Bank, Assignee: Show Details
    • UCC3 Termination dated 2011-05-11, Debtor: Hkarten Realty Co., LLC, Secured Party: Capmark Bank, Assignee: Show Details
    • UCC3 Termination dated 2011-05-11, Debtor: Apollo Rooms Associates, LLC, Secured Party: Capmark Bank, Assignee: Show Details
    • UCC3 Termination dated 2011-05-11, Debtor: Apollo Rooms Associates, LLC, Secured Party: Capmark Bank, Assignee: Show Details
    • Subordination Of Mortgage (Mortgages & Instruments) was filed on 2009-03-04. Parties: Capmark Bank, Hkarten Realty Co., LLC & Inc. Omg 7Th Ave. & Apollo Rooms Associates, LLC Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2009-02-23. Parties: Hkarten Realty Co., LLC & Apollo Rooms Associates, LLC, Omg 7Th Ave., Inc., Show Details
    • Subordination Of Mortgage (Mortgages & Instruments) was filed on 2008-09-22. Parties: Capmark Bank, H. Karten Realty Co., LLC & Spin Media, LLC & Apollo Rooms Associates, LLC Show Details
    • Initial UCC1 dated 2008-04-04, Debtor: Apollo Rooms Associates, LLC, Secured Party: Capmark Bank, Assignee: Show Details
    • Initial UCC1 dated 2008-04-03, Debtor: Hkarten Realty Co., LLC, Secured Party: Capmark Bank, Assignee: Show Details
    • Initial UCC1 dated 2008-02-26, Debtor: Hkarten Realty Co., LLC, Secured Party: Capmark Bank, Assignee: Show Details
    • Initial UCC1 dated 2008-02-26, Debtor: Apollo Rooms Associates LLC, Secured Party: Capmark Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Hkarten Realty Co., LLC & Apollo Rooms Associates LLC by Capmark Bank or 2008-02-19 Show Details
    • Hkarten Realty Co., LLC & Apollo Rooms Associates LLC took a mortgage for $32,500,000.00 from Capmark Bank on 2008-02-19. Show Details
    • 408 Broadway LLC sold this property to Hkarten Realty Co., LLC & Apollo Rooms Associates LLC for $29,000,000.00 on 2008-02-19. Show Details
    • sold this property to for $0.00 on 2004-03-31. Show Details
    • I. & J. Realty Inc. Satisfied their Mortgage with Irving Byron Associates on 1994-09-19. Show Details
    • Inc. I. & J. Realty sold this property to Isidore Karten & Julia Karten for $0.00 on 1994-09-12. Show Details
    • Landmark Designation (Other Documents) was filed on 1993-04-12. Parties: Landmarks Prsvtn Comms, Tribeca East Historcetc Show Details
    • On 1979-06-22 a mortgage on this property was transferred from Irving Byron Associates to Isidore Karten. Show Details
    • Mortgage Agreement for $0.00 dated 1973-04-20 between I & J Realty Inc and Manhattan Savings Bk Show Details
    • Irving Byron Assoc sold this property to Irving Byron Assoc for $0.00 on 1969-06-19. Show Details
    • I&J Realty Inc took a mortgage for $0.00 from Irving Byron Assoc on 1969-06-19. Show Details
    • Irving Byron Associates sold this property to I&J Rlty Inc for $0.00 on 1969-06-19. Show Details

    Lot

    Address
    408 Broadway, 10013
    Square Footage
    11,362
    Lot Type
    Through
    Dimensions
    53.67ft x 175.0ft
    BBL
    1001960005

    Neighborhood

    Historic District
    Tribeca East
    Community District
    01
    City Council
    1
    Police Precinct
    5
    Fire Company
    L001
    School District
    2
    Census Tract
    31

    Zoning

    Zoning District
    M1-5
    Commercial Overlay
    N/A
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $1,500,000
    MV Total
    $13,450,000
    AV Land
    $675,000
    AV Total
    $6,052,500

    Floor Area Ratio

    Built FAR
    4.95

    Residential
    Zoned FAR 0.0
    Max 0.0 sq. ft.
    Remaining -56,210.0 sq. ft.

    Commercial
    Zoned FAR 5.0
    Max 56,810.0 sq. ft.
    Remaining 600.0 sq. ft.

    Facility
    Zoned FAR 6.5
    Max 73,853.0 sq. ft.
    Remaining 17,643.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Semi-Fireproof
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1915
    Alterations
    N/A
    Floors
    5.0
    Residential Units
    0
    Total Units
    3
    Floor Area
    56210
    Basement
    Full Basement Below Grade
    Proximity
    Attached

    Crime

    This property is located in the 5th Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the 5th Precinct saw 1206 felony property crimes (Burglary, Grand Larceny and Grand Larceny of Motor Vehicle) committed per 100,000 residents**. This is lower then the borough's property crime rate, which was 1219 over the same period.

    Violent Crime

    Average
    In 2015 the 5th Precinct saw 517 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