425 7th Ave
Midtown South
New York, NY, 10001

Built in 1924 this 4,373 sq.ft. building is 71% Retail, 29% Office Space and contains 0 residential units and 3 non-residential units.

This property is currently Off Market.

    Transit

    • 34th St Route 1Route 2Route 3 1 Minute walk, 0.0 Miles
    • 34th St Route ARoute CRoute E 3 Minute walk, 0.2 Miles
    • 34th St Route BRoute DRoute FRoute MRoute NRoute QRoute R 4 Minute walk, 0.2 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 6 Minute walk, 0.3 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 10 Minute walk, 0.5 Miles
    • 33rd St Route 6 11 Minute walk, 0.6 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 18 Minute walk, 0.9 Miles
    • 14th St Route FRoute LRoute MRoute 1Route 2Route 3 19 Minute walk, 1.0 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

    Public Records

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    • Mortgage Agreement for $0.00 dated 2013-04-26 between Asia Bank N.A. and United Pacific Development Corp Show Details
    • UCC3 Termination dated 2012-06-12, Debtor: Dk China LLC, Secured Party: Community National Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2012-06-12. Parties: Community National Bank, Dk China LLC Show Details
    • On 2012-05-16 a mortgage on this property was transferred from N.A. Community National Bank to N.A. Sovereign Bank. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2010-12-02. Parties: Dk China LLC, Community National Bank Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2008-05-09. Parties: N.A. Asia Bank, United Pacific Development Corp. Show Details
    • An Assignment of Leases and Rents was granted to United Pacific Development Corp. by N.A. Asia Bank or 2008-04-24 Show Details
    • Mortgage Agreement for $1,500,000.00 dated 2008-04-24 between United Pacific Development Corp. and N.A. Asia Bank Show Details
    • United Pacific Development Corp. took a mortgage for $500,000.00 from N.A. Asia Bank on 2008-04-24. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-08-02. Parties: N.A. Asia Bank, United Pacific Development Corp. Show Details
    • Subordination Of Mortgage (Mortgages & Instruments) was filed on 2007-08-02. Parties: N.A. Asia Bank, N.A. Asia Bank Show Details
    • An Assignment of Leases and Rents was granted to United Pacific Development Corp. by N.A. Asia Bank or 2007-07-06 Show Details
    • Mortgage Agreement for $1,400,000.00 dated 2007-07-06 between United Pacific Development Corp. and N.A. Asia Bank Show Details
    • United Pacific Development Corp. took a mortgage for $615,749.73 from N.A. Asia Bank on 2007-07-06. Show Details
    • An Assignment of Leases and Rents was granted to Comminuty National Bank by Dk China LLC or 2006-10-20 Show Details
    • took a mortgage for $967,546.00 from on 2006-10-20. Show Details
    • On 2001-03-06 a mortgage on this property was transferred from United Pacific Development Corp. to Asia Bank, NA. Show Details
    • United Pacific Development Corp. took a mortgage for $1,000,000.00 from Asia Bank, NA on 2001-03-06. Show Details
    • Mortgage Agreement for $0.00 dated 1994-12-16 between United Pacific Development Corp. and N.A. Asia Bank Show Details
    • On 1994-12-16 a mortgage on this property was transferred from United Pacific Development Corp to N.A. Asia Bank. Show Details
    • United Pacific Development Corp. took a mortgage for $365,584.35 from N.A. Asia Bank on 1994-12-16. Show Details
    • Mortgage Agreement for $0.00 dated 1991-05-28 between Asia Bank Na and United Pacific Dvlpcp Show Details
    • United Pacific Dev'Lcp Satisfied their Mortgage with 425 Seventh Ave Rltycp on 1990-06-27. Show Details
    • United Pacific Dvlpcp took a mortgage for $820,000.00 from Asia Bank Na on 1990-03-23. Show Details
    • Mortgage Agreement for $0.00 dated 1990-03-23 between Asia Bank Na and Asia Bank N.A. Show Details
    • On 1986-08-28 a mortgage on this property was transferred from Tung C. Lo to Na First Central Bank. Show Details
    • United Pacific Dvlmtcp. took a mortgage for $380,000.00 from N.A. Asia Bank on 1985-10-16. Show Details
    • Release Of Estate Tax Lien (Other Documents) was filed on 1985-06-07. Parties: Bing Loo Show Details
    • On 1982-07-28 a mortgage on this property was transferred from 425 Seventh Ave. Rlty Cp to Tung C. Lo. Show Details
    • Corp United Pacific Dev. took a mortgage for $650,000.00 from 425 Seventh Av Rltycp. on 1982-07-28. Show Details
    • 425 Seventh Ave.Rltycp sold this property to Corp United Pacific Dev. for $0.00 on 1982-06-22. Show Details
    • Lo Tung A/K/A Choi & Loo Tung Toy sold this property to 425 Seventh Ave. Rlty Cp for $0.00 on 1982-02-10. Show Details
    • Mortgage Agreement for $0.00 dated 1975-03-06 between 425 Sevemth Ave Rltyco and East River Savings Bank Show Details
    • Lo Tung Aka Choi & Loo Tung Toy sold this property to 425 Seventh Ave Corp for $0.00 on 1974-07-09. Show Details
    • Arty Trs Wong & George Choi Trs Sai & Loo Decd Bing & Joe Wing Trs Soon sold this property to Lo Tung Aka Choi & Loo Tung Toy for $0.00 on 1973-11-15. Show Details
    • No 425 7Th Ave Rstnetal leased this property from Anna E Decd Tr Biehs & Vera M Steinmuller & Charles L Tr Fleming on 1971-12-23 Show Details

    Lot

    Address
    425 7th Ave, 10001
    Square Footage
    1,172
    Lot Type
    Inside
    Dimensions
    19.38ft x 60.5ft
    BBL
    1008090003

    Neighborhood

    Neighborhood
    NeighborhoodContent object
    Historic District
    N/A
    Community District
    05
    City Council
    3
    Police Precinct
    14
    Fire Company
    L024
    School District
    2
    Census Tract
    101

    Zoning

    Zoning District
    C6-6
    Commercial Overlay
    N/A
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $1,300,000
    MV Total
    $2,621,000
    AV Land
    $585,000
    AV Total
    $1,179,450

    Floor Area Ratio

    Built FAR
    3.73

    Residential
    Zoned FAR 10.0
    Max 11,720.0 sq. ft.
    Remaining 7,347.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 17,580.0 sq. ft.
    Remaining 13,207.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 17,580.0 sq. ft.
    Remaining 13,207.0 sq. ft.

    Building

    Category
    Store Buildings
    Class
    Store With Apartments Above
    Land Use
    Mixed Residential & Commercial Buildings
    Buildings
    1
    Year Built
    1924
    Alterations
    N/A
    Floors
    3.0
    Residential Units
    0
    Total Units
    3
    Floor Area
    4373
    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