427 7th Ave
Midtown South
New York, NY, 10001

Built in 1924 this 4,373 sq.ft. building is 71% Retail, 29% Other and contains 0 residential units and 2 non-residential units.

This property is currently Off Market. View Listing

  • Baths: 0
  • Bedrooms: 0
  • SQFT: 4373

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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  • A mortgage agreement for $18,000,000.00 was filed on 2015-12-10 Show Details
  • A $4,033,802.11 mortgage was taken from N.A. Wells Fargo Bank on 2015-12-10. Show Details
  • Initial UCC1 dated 2015-04-29, Secured Party: New York Community Bank Show Details
  • UCC3 Termination dated 2015-01-23, Secured Party: N.A. Sovereign Bank & N.A. Santander Bank, Assignee: Show Details
  • Termination Of Assign Of L&R (Other Documents) was filed on 2015-01-23. Show Details
  • Termination Of Assign Of L&R (Other Documents) was filed on 2015-01-23. Show Details
  • Initial UCC1 dated 2015-01-23, Secured Party: National Association Wells Fargo Bank Show Details
  • A mortgage agreement for $14,250,000.00 was filed on 2015-01-09 Show Details
  • A $3,044,577.25 mortgage was taken from National Association Wells Fargo Bank on 2015-01-09. Show Details
  • On 2015-01-09 a mortgage on this property was transferred from N.A. Sovereign Bank & N.A. Santander Bank to National Association Wells Fargo Bank. Show Details
  • On 2015-01-09 a mortgage on this property was transferred from N.A. Sovereign Bank & N.A. Santander Bank to National Association Wells Fargo Bank. Show Details
  • A mortgage agreement for $7,524,797.72 was filed on 2013-10-16 Show Details
  • An Assignment of Leases and Rents was filed on 2013-10-16 Show Details
  • A $4,000,000.00 mortgage was taken from N.A. Sovereign Bank on 2013-10-16. Show Details
  • Initial UCC1 dated 2013-10-15, Secured Party: N.A. Sovereign Bank Show Details
  • UCC3 Termination dated 2012-06-12, Secured Party: Community National Bank, Assignee: Show Details
  • Termination Of Assign Of L&R (Other Documents) was filed on 2012-06-12. Show Details
  • An Assignment of Leases and Rents was filed on 2012-05-24 Show Details
  • A mortgage agreement for $7,700,000.00 was filed on 2012-05-24 Show Details
  • A $3,749,972.48 mortgage was taken from N.A. Sovereign Bank on 2012-05-24. 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
  • On 2012-05-16 a mortgage on this property was transferred from N.A. Community National Bank to N.A. Sovereign Bank. Show Details
  • Correction Deed filed 2012-06-12 Show Details
  • Initial UCC1 dated 2012-05-25, Secured Party: N.A. Sovereign Bank Show Details
  • Initial UCC1 dated 2009-01-14, Secured Party: Community National Bank Show Details
  • Initial UCC1 dated 2006-05-26, Secured Party: Community National Bank Show Details
  • An Assignment of Leases and Rents was filed on 2006-05-03 Show Details
  • A $3,240,000.00 mortgage was taken from Community National Bank on 2006-05-03. Show Details
  • This property was sold for $4,050,000.00 on 2006-05-03. Show Details

Listing History

Building Tips

Lot

Address
427 7th Ave, 10001
Square Footage
1,180
Lot Type
Dimensions
19.5ft x 60.5ft
BBL
1008090004

Neighborhood

Neighborhood
Midtown South
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
$1,310,000
MV Total
$2,636,000
AV Land
$589,500
AV Total
$1,186,200

Floor Area Ratio

Built FAR
3.71

Residential
Zoned FAR 10.0
Max 11,800.0 sq. ft.
Remaining 7,427.0 sq. ft.

Commercial
Zoned FAR 15.0
Max 17,700.0 sq. ft.
Remaining 13,327.0 sq. ft.

Facility
Zoned FAR 15.0
Max 17,700.0 sq. ft.
Remaining 13,327.0 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
2
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