481 8th Ave
Clinton
New York, NY, 10001

Built in 1929 this 34,016 sq.ft. building is 100% Retail and contains 0 residential units and 3 non-residential units.

This property is currently Off Market.

    Transit

    • 34th St Route ARoute CRoute E 1 Minute walk, 0.0 Miles
    • 34th St Route 1Route 2Route 3 3 Minute walk, 0.2 Miles
    • 42nd St 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 12 Minute walk, 0.6 Miles
    • 33rd St Route 6 15 Minute walk, 0.8 Miles
    • 14th St Route ARoute CRoute ERoute L 18 Minute walk, 0.9 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 20 Minute walk, 1.0 Miles

    Schools

    • Elementary School

      • 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

      • 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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    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-10-19. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-10-19. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-10-19. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-10-19. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-10-19. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-10-19. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-10-19. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-10-19. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-10-19. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-10-19. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-10-19. Show Details
    • A mortgage with Manufacturers And Traders Trust Company was satisfied on 2016-09-29. Show Details
    • Initial UCC1 dated 2016-10-19, Secured Party: Manufacturers And Traders Trust Company Show Details
    • An Assignment of Leases and Rents was filed on 2016-09-29 Show Details
    • A $110,000,000.00 mortgage was taken from Manufacturers And Traders Trust Company on 2016-09-29. Show Details
    • An Assignment of Leases and Rents was filed on 2016-09-29 Show Details
    • A mortgage agreement for $110,000,000.00 was filed on 2016-09-29 Show Details
    • A $15,798,115.39 mortgage was taken from Manufacturers And Traders Trust Company on 2016-09-29. Show Details
    • On 2016-09-29 a mortgage on this property was transferred from M & T Real Estate Trust to Manufacturers And Traders Trust Company. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2016-10-19. Show Details
    • On 2016-09-29 a mortgage on this property was transferred from Manufacturers And Traders Trust Company to Manufacturers And Traders Trust Company. Show Details
    • On 2016-09-29 a mortgage on this property was transferred from M & T Real Estate Trust to Manufacturers And Traders Trust Company. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2016-10-19. Show Details
    • On 2016-09-29 a mortgage on this property was transferred from M & T Real Estate Trust to Manufacturers And Traders Trust Company. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2016-10-19. Show Details
    • On 2016-09-29 a mortgage on this property was transferred from M & T Real Estate Trust to Manufacturers And Traders Trust Company. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2016-10-19. Show Details
    • On 2016-09-29 a mortgage on this property was transferred from M & T Real Estate Trust to Manufacturers And Traders Trust Company. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2016-10-19. Show Details
    • On 2016-09-29 a mortgage on this property was transferred from M & T Real Estate Trust to Manufacturers And Traders Trust Company. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2016-10-19. Show Details
    • Mortgage Spreader Agreement (Mortgages & Instruments) was filed on 2016-10-19. Show Details
    • Initial UCC1 dated 2016-10-14, Secured Party: Manufacturers And Traders Trust Company Show Details
    • Initial UCC1 dated 2014-04-28, Secured Party: Manufacturers And Traders Trust Company Show Details
    • Sundry Mortgage (Mortgages & Instruments) was filed on 2014-04-28. Show Details
    • An Assignment of Leases and Rents was filed on 2014-04-03 Show Details
    • A $13,331,117.00 mortgage was taken from Manufacturers And Traders Trust Company on 2014-04-03. Show Details
    • An Assignment of Leases and Rents was filed on 2014-04-03 Show Details
    • A $6,668,883.00 mortgage was taken from Manufacturers And Traders Trust Company on 2014-04-03. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2011-05-31. Show Details
    • An Assignment of Leases and Rents was filed on 2007-02-14 Show Details
    • A $15,000,000.00 mortgage was taken from M & T Real Estate Trust on 2008-02-14. Show Details
    • An Assignment of Leases and Rents was filed on 2006-09-13 Show Details
    • A mortgage agreement for $0.00 was filed on 2006-09-13 Show Details
    • A mortgage agreement for $0.00 was filed on 2006-09-13 Show Details
    • A mortgage agreement for $0.00 was filed on 2006-09-13 Show Details
    • Mortgage Correction filed 2008-04-17 Show Details
    • Mortgage Correction filed 2008-04-17 Show Details
    • Mortgage Correction filed 2008-04-17 Show Details
    • An Assignment of Leases and Rents was filed on 2006-09-13 Show Details
    • A $2,999,999.00 mortgage was taken from Manufacturers And Traders Trust Company on 2006-09-13. Show Details
    • An Assignment of Leases and Rents was filed on 2006-09-13 Show Details
    • A $8,000,000.00 mortgage was taken from M & T Real Estate Trust on 2006-09-13. Show Details
    • An Assignment of Leases and Rents was filed on 2006-09-13 Show Details
    • A $24,500,000.00 mortgage was taken from M & T Real Estate Trust on 2006-09-13. Show Details
    • Mortgage Spreader Agreement (Mortgages & Instruments) was filed on 2007-05-10. Show Details
    • An Assignment of Leases and Rents was filed on 2006-09-13 Show Details
    • Mortgage Spreader Agreement (Mortgages & Instruments) was filed on 2007-05-10. Show Details
    • An Assignment of Leases and Rents was filed on 2006-09-13 Show Details
    • Mortgage Spreader Agreement (Mortgages & Instruments) was filed on 2007-05-10. Show Details
    • An Assignment of Leases and Rents was filed on 2006-09-13 Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-05-10. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-05-10. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-05-10. Show Details
    • A mortgage with Manufacturers And Traders Trust Company was satisfied on 2006-09-13. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-05-10. Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2006-11-01. Show Details
    • Initial UCC1 dated 2006-10-25, Secured Party: Manufacturers And Traders Trust Company Show Details
    • Initial UCC1 dated 2006-10-25, Secured Party: M &T Real Estate Trust Show Details
    • Initial Coop UCC1 dated 2003-07-21, Secured Party: Inc. M & T Real Estate Show Details
    • An Assignment of Leases and Rents was filed on 2003-03-05 Show Details
    • A $1,000,000.00 mortgage was taken from Manufactures And Traders Trust Company on 2003-03-05. Show Details
    • Initial UCC1 dated 2003-03-27, Secured Party: Manufacturers And Traders Trust Company Show Details
    • An Assignment of Leases and Rents was filed on 2002-07-01 Show Details
    • Cancellation of Assignment of Leases and Rents was filed on 2003-02-10 Show Details
    • A mortgage agreement for $0.00 was filed on 2002-07-01 Show Details
    • Cancellation of Assignment of Leases and Rents was filed on 2003-02-10 Show Details
    • An Assignment of Leases and Rents was filed on 2002-07-01 Show Details
    • A mortgage agreement for $0.00 was filed on 2002-07-01 Show Details
    • On 2001-08-14 a mortgage on this property was transferred from Holy Spirit Association For The Unification Etc to Inc. M & T Real Estate. Show Details
    • A $12,000,000.00 mortgage was taken from Inc. M & T Real Estate on 2001-08-14. Show Details
    • Initial UCC1 dated 2001-07-24, Secured Party: Inc. M&T Real Estate Show Details
    • Initial UCC1 dated 2000-11-29, Secured Party: Valley National Bank Show Details
    • On 1998-11-10 a mortgage on this property was transferred from Holy Spirit Assn Forthe Unification/World Christn to Inc. M & T Real Estate. Show Details
    • A $8,000,000.00 mortgage was taken from Inc. M & T Real Estate on 1998-11-10. Show Details
    • A $8,000,000.00 mortgage was taken from Inc. M&T Real Estate on 1998-02-02. Show Details
    • On 1998-02-02 a mortgage on this property was transferred from Holy Spirit Association For The Unification Etc. to Inc. M&T Real Estate. Show Details
    • Initial UCC1 dated 1997-10-21, Secured Party: Inc. M&T Real Estate Show Details
    • A mortgage with Equitable Life Assurance Of The United States was satisfied on 1996-11-25. Show Details
    • A $0.00 mortgage was taken from Equitable Life Etal on 1976-06-11. Show Details
    • This property was sold for $0.00 on 1976-06-11. Show Details
    • This property was sold for $0.00 on 1975-02-14. Show Details
    • This property was leased on 1975-02-14 Show Details
    • This property was sold for $0.00 on 1972-05-03. Show Details
    • This property was leased on 1972-05-03 Show Details
    • A mortgage agreement for $0.00 was filed on 1972-05-03 Show Details
    • A mortgage agreement for $0.00 was filed on 1969-08-12 Show Details
    • A $0.00 mortgage was taken from Equitable Life Assurso on 1969-08-12. Show Details
    • A mortgage agreement for $0.00 was filed on 1968-01-17 Show Details
    • This property was sold for $0.00 on 1968-01-05. Show Details
    • ... and 4 older documents.

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Aug. 25, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: Holy Spirit Assoc For The Unification, 4 West 43Rd Street, Nyc, NY 10036
    • Managing Agent: Hsa-Uwc, Hyung Kim, 481 8Th Ave #535, New York, NY 10001
    • Head Officer: Hyung Kim, 481 8Th Ave #535, Ny, NY 10001
    • Officer: Kaye Allen, 4 West 43Rd Street, New York, NY 10036
    • Site Manager: Ciriel Monsels,

    Lot

    Address
    481 8th Ave, 10001
    Square Footage
    34,562
    Lot Type
    Corner
    Dimensions
    197.5ft x 175.0ft
    BBL
    1007580037

    Neighborhood

    Neighborhood
    Clinton
    Historic District
    N/A
    Community District
    04
    City Council
    3
    Police Precinct
    14
    Fire Company
    L021
    School District
    2
    Census Tract
    111

    Zoning

    Zoning District
    C6-4
    Commercial Overlay
    N/A
    Special Purpose
    H
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $33,100,000
    MV Total
    $176,252,000
    AV Land
    $14,895,000
    AV Total
    $79,313,400

    Floor Area Ratio

    Built FAR
    0.98

    Residential
    Zoned FAR 10.0
    Max 345,620.0 sq. ft.
    Remaining 311,604.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 345,620.0 sq. ft.
    Remaining 311,604.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 345,620.0 sq. ft.
    Remaining 311,604.0 sq. ft.

    Building

    Category
    Hotels
    Class
    Hotel; Luxury Type Built After 1960
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1929
    Alterations
    N/A
    Floors
    42.0
    Residential Units
    0
    Total Units
    3
    Floor Area
    34016
    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