482 7th Ave
Midtown South
New York, NY, 10018

Built in 1902 this 88,872 sq.ft. building is 91% Residential, 9% Retail and contains 104 residential units and 4 non-residential units.

This property is currently Off Market.

    Transit

    • 34th St Route 1Route 2Route 3 3 Minute walk, 0.1 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 GSRoute 1Route 2Route 3Route 7 7 Minute walk, 0.4 Miles
    • 33rd St Route 6 13 Minute walk, 0.7 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 15 Minute walk, 0.8 Miles
    • 14th St Route ARoute CRoute ERoute L 23 Minute walk, 1.2 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

    Units at this Address

    PriceUnitLast UpdateStatusPublic Records
    11JOff Market0
    11KOff Market0
    2Off Market0
    11BOff Market0
    11EOff Market0
    11GOff Market0
    2HOff Market0
    9DOff Market0
    9EOff Market0
    9COff Market0
    9AOff Market0
    9KOff Market0
    10JOff Market0
    2COff Market0
    2BOff Market0
    2GOff Market0
    4JJOff Market0
    2DOff Market0
    2JOff Market0
    12BOff Market0
    6EOff Market0
    8HOff Market0
    6GOff Market0
    6FOff Market0
    4COff Market0
    TOWNOff Market0
    6BOff Market0
    6AOff Market0
    4KOff Market0
    4JOff Market0
    6JOff Market0
    4DOff Market0
    12EOff Market0
    12AOff Market0
    3DDOff Market0
    12COff Market0
    10HOff Market0
    10FOff Market0
    10EOff Market0
    00Off Market0
    12JOff Market0
    8GOff Market0
    8AOff Market0
    8COff Market0
    PH12COff Market0
    5HHOff Market0
    PHCOff Market0
    8KOff Market0
    8JOff Market0
    3DOff Market0
    3EOff Market0
    3FOff Market0
    3GOff Market0
    3AOff Market0
    9GOff Market0
    4AOff Market0
    3HOff Market0
    3JOff Market0
    3KOff Market0
    5BOff Market0
    7KOff Market0
    5GOff Market0
    1HOff Market0
    5EOff Market0
    5HOff Market0
    7DOff Market0
    7EOff Market0
    7FOff Market0

    Public Records

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    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2015-02-13. Parties: 488 Seventh LLC, Fannie Mae Show Details
    • Initial UCC1 dated 2010-07-26, Debtor: 488 Seventh LLC, Secured Party: Fannie Mae, Assignee: Show Details
    • On 2010-07-21 a mortgage on this property was transferred from Walker & Dunlop, LLC to Fannie Mae. Show Details
    • Mortgage Agreement for $28,800,000.00 dated 2010-07-21 between 488 Seventh LLC and Walker & Dunlop, LLC Show Details
    • 488 Seventh LLC took a mortgage for $3,800,000.00 from Walker & Dunlop, LLC on 2010-07-21. Show Details
    • On 2010-07-21 a mortgage on this property was transferred from New York Community Bank to Walker & Dunlop, LLC. Show Details
    • UCC3 Termination dated 2010-07-26, Debtor: 488 Seventh LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2010-07-26. Parties: New York Community Bank Show Details
    • Initial UCC1 dated 2009-02-11, Debtor: 488 Seventh LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • UCC3 Termination dated 2009-02-11, Debtor: New 488 LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2009-02-11. Parties: New York Community Bank Show Details
    • An Assignment of Leases and Rents was granted to 488 Seventh LLC by New York Community Bank or 2009-02-05 Show Details
    • Mortgage Agreement for $25,000,000.00 dated 2009-02-05 between New 488 LLC and New York Community Bank & 488 Seventh LLC Show Details
    • New 488 LLC sold this property to 488 Seventh LLC for $45,300,000.00 on 2009-02-05. Show Details
    • UCC3 Termination dated 2008-12-03, Debtor: New 488 LLC, Secured Party: Sovereign Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2008-12-03. Parties: Sovereign Bank Show Details
    • Initial UCC1 dated 2008-12-03, Debtor: New 488 LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to New 488 LLC by New York Community Bank or 2008-11-24 Show Details
    • Mortgage Agreement for $25,000,000.00 dated 2008-11-24 between New York Community Bank and New 488 LLC Show Details
    • New 488 LLC took a mortgage for $4,500,000.00 from New York Community Bank on 2008-11-24. Show Details
    • On 2008-11-24 a mortgage on this property was transferred from Sovereign Bank to New York Community Bank. Show Details
    • Initial UCC1 dated 2007-11-14, Debtor: New 488 LLC, Secured Party: Sovereign Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-10-16. Parties: Washington Mutual Bank Show Details
    • An Assignment of Leases and Rents was granted to New 488 LLC by Sovereign Bank or 2007-09-25 Show Details
    • Mortgage Agreement for $20,500,000.00 dated 2007-09-25 between Sovereign Bank and New 488 LLC Show Details
    • New 488 LLC took a mortgage for $10,465,637.04 from Sovereign Bank on 2007-09-25. Show Details
    • On 2007-09-12 a mortgage on this property was transferred from Washington Mutual Bank to Sovereign Bank. Show Details
    • On 2007-09-12 a mortgage on this property was transferred from Washington Mutual Bank to Sovereign Bank. Show Details
    • 488 Seventh Avenue Associates, LLC sold this property to 488 LLC for $0.00 on 2007-09-25. Show Details
    • Initial UCC1 dated 2002-06-19, Debtor: 488 Seventh Avenue Associates LLC., Secured Party: Dime Savings Bank Ofnew York, FSB, Assignee: Show Details
    • 488 Seventh Avenue Associates, LLC took a mortgage for $2,000,000.00 from Dime Savings Bank Ofnew York on 2001-08-31. Show Details
    • On 1998-09-02 a mortgage on this property was transferred from 488 Seventh Avenue Associates LLC to Dime Savings Bank Ofnew York, FSB. Show Details
    • On 1998-09-02 a mortgage on this property was transferred from La Salle National Bank Trustee to Dime Savings Bank Ofnew York, FSB. Show Details
    • Lasalle National Bank was granted Power of Attorney for L.P. Archon Group on 1998-09-02 Show Details
    • A Miscellaneous legal document filed on 1998-09-02. Parties: As Trustee La Salle National Bank Show Details
    • Lasalle National Bank Trustee was granted Power of Attorney for L.P. Archon Group on 1998-09-02 Show Details
    • Mortgage Agreement for $0.00 dated 1998-09-02 between Dime Savings Bank Ofnew York, FSB and 488 Seventh Avenue Associates, LLC Show Details
    • 488 Seventh Avenue Associates sold this property to 488 Seventh Avenue Associates LLC for $0.00 on 1998-02-27. Show Details
    • UCC3 Termination dated 1998-05-15, Debtor: 488 Seventh Ave Assocs, Secured Party: As Trustee Lasalle National Bank, Assignee: Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1996-10-11. Parties: 488 Seventh Ave Assocs, As Trustee Lasalle National Bank Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1995-09-20. Parties: 488 Seventh Ave Assocs, Wbl Limited Partnership, As Trustee Lasalle National Bank Show Details
    • On 1995-09-13 a mortgage on this property was transferred from Wbl Real Estate Limited Partnership to Trustee Lasalle National Bank. Show Details
    • Mortgage Agreement for $0.00 dated 1995-07-20 between 488 Seventh Avenue Associates and Wbl Real Estate Limited Partnership Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1995-05-05. Parties: 488 Seventh Ave Assocs, Nationsbank Of Texasn.A., Wbl Limited Partnership Show Details
    • On 1995-05-03 a mortgage on this property was transferred from Wpm Real Estate Limited Partnership to Wbl Real Estate Limited Partnership. Show Details
    • A Miscellaneous legal document filed on 1995-05-02. Parties: Nationsbank Of Texas, NA Show Details
    • A Miscellaneous legal document filed on 1995-05-02. Parties: Nationsbank Of Texas, NA Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1994-06-08. Parties: 488 Seventh Ave Assocs, As Agent Nationsbank Of Texas, Nationsbank Of Texasn.A. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1994-05-02. Parties: 488 Seventh Ave Assocs, Wpm Real Estate Limited Partnership, As Agent Nationsbank Of Texas Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1994-05-02. Parties: 488 Seventh Ave Assocs, Pacific Corinthian Life Insurance Company, Wpm Real Estate Limited Partnership Show Details
    • On 1994-04-26 a mortgage on this property was transferred from Wpm Real Estate Limited Partnership to N.A. Nationalsbank Of Texas. Show Details
    • On 1994-04-19 a mortgage on this property was transferred from Wpm Real Estate Limited Partnership to Nationsbank Of Texas. Show Details
    • On 1994-03-31 a mortgage on this property was transferred from Pacific Corinthian Life Insurance Company to Wpm Real Estate Limited Partnership. Show Details
    • On 1994-03-31 a mortgage on this property was transferred from Pacific Corinthian Life Insurance Company to Wpm Real Estate Limited Partnership. Show Details
    • On 1993-07-13 a mortgage on this property was transferred from John Garamendi to First Capital Life Ins C. Show Details
    • Mortgage Agreement for $0.00 dated 1993-03-03 between 488 Seventh Ave Assoc and Pacific Corinthian Etc Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1993-02-05. Parties: 488 Seventh Ave Assocs, E F Hutton Life Insurance Co, Pacific Corinthian Life Insurance Company Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1991-09-18. Parties: 488 Seventh Ave Assocs, E F Hutton Life Insurance Co Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1991-09-18. Parties: 488 Seventh Ave Assocs, E F Hutton Life Insurance Co, First Capital Life Insurance Company Show Details
    • Court Order (Other Documents) was filed on 1988-01-06. Parties: Commissioner Of Finance Show Details
    • Commissioner Of Finance sold this property to City Of New York for $0.00 on 1987-10-22. Show Details
    • Mortgage Agreement for $0.00 dated 1986-12-11 between 488 Seventh Ave Assocs and Y & Yp Fashions Corp. Show Details
    • Mortgage Agreement for $0.00 dated 1986-12-11 between Inc. Karnak Mens Wear & 488 Seventh Ave Assocs and E.F. Hutton Life Insu Co Show Details
    • Mortgage Agreement for $0.00 dated 1986-12-11 between Negin Fashions Corp & 488 Seventh Ave Assocs and E.F. Hutton Life Insu Co Show Details
    • Mortgage Agreement for $0.00 dated 1986-12-11 between Niba Corp & 488 Seventh Ave Assocs and E.F. Hutton Life Insu Co Show Details
    • Initial UCC1 dated 1986-10-28, Debtor: 488 Seventh Ave Assocs, Secured Party: E F Hutton Life Insurance Co, Assignee: Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1986-10-28. Parties: 488 Seventh Ave Assocs, Manufacturers Han Trco Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1986-10-28. Parties: 488 Seventh Ave Assocs, E F Hutton Life Insco Show Details
    • On 1986-09-26 a mortgage on this property was transferred from 488 Seventh Ave Assoc to E.F. Hutton Life Insco. Show Details
    • Mortgage Agreement for $0.00 dated 1986-09-26 between 488 Seventh Ave.Assoc. and E.F.Hutton Life Insur.Co Show Details
    • 488 Seventh Ave.Assoc. took a mortgage for $2,918,662.81 from E.F.Hutton Life Insur.Co on 1986-09-26. Show Details
    • On 1986-09-26 a mortgage on this property was transferred from Manufacturers Hano.Tr.Co to E.F.Hutton Life Insur.Co. Show Details
    • 488 Seventh Ave.Corp. sold this property to 488 Seventh Ave.Assoc. for $0.00 on 1986-09-24. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1985-02-19. Parties: 488 Seventh Ave Assoc. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1984-06-13. Parties: 488 Seventh Ave. Assoc. Show Details
    • 488 Seventh Ave. Cp.&Ano Satisfied their Mortgage with Jacob I. Sopher on 1984-04-19. Show Details
    • Mortgage Agreement for $0.00 dated 1983-03-17 between Fidelity Union Bank and Martin B. Swarzman Show Details
    • Mortgage Agreement for $0.00 dated 1983-02-04 between 488 Seventh Ave.Corp. & 488 Seventh Ave.Assoc. and Manufacturers Han Trco. Show Details
    • Mortgage Agreement for $0.00 dated 1983-02-04 between Jacob I. Sopher and Manufacturers Han Trco. Show Details
    • 488 Seventh Ave.Corp. & 488 Seventh Ave.Assoc. took a mortgage for $499,995.00 from Jacob I. Sopher on 1983-01-14. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1983-01-14. Parties: Sheldon Schiff Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1983-01-14. Parties: Martin B. Swarzman Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1983-01-14. Parties: Leonard Clark Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1983-01-14. Parties: Stuarta. Schlesinger Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1983-01-14. Parties: Jacob I. Sopher Show Details
    • On 1982-08-12 a mortgage on this property was transferred from Martin B. Swarzman to Fidelity Union Bank. Show Details
    • Mortgage Agreement for $0.00 dated 1981-10-13 between Seventh Ave Asscts and 488 Seventh Ave Corp Show Details
    • On 1981-10-13 a mortgage on this property was transferred from 488 Seventh Ave to Manufacturers Hnvr Trst. Show Details
    • 488 Seventh Ave Asscts sold this property to 488 Seventh Corp for $0.00 on 1981-09-25. Show Details
    • Mortgage Agreement for $0.00 dated 1981-09-22 between 488 Seventh Ave Asscts and Manufactureres Hnvrtrst Show Details
    • 488 Seventh Ave Asscts took a mortgage for $0.00 from Manufacturers Hnvr Trst on 1980-05-19. Show Details
    • Joseph Lex Delafield sold this property to 488 Seventh Ave for $0.00 on 1979-12-31. Show Details
    • Howard G Kafer & Mary D Porter sold this property to 488 Seventh Ave for $0.00 on 1979-12-31. Show Details
    • Isabel H Ex Sloane sold this property to 488 Seventh Ave for $0.00 on 1979-12-31. Show Details
    • Howard G Kafer & Julia D Sutro sold this property to 488 Seventh Ave for $0.00 on 1979-12-31. Show Details
    • Howard G Kafer & William S Delafield sold this property to 488 Seventh Ave for $0.00 on 1979-12-31. Show Details
    • Bank Of New York Tr & Benson B Jr Tr Sloan & Margaret M Decd Sloan sold this property to 488 Seventh Ave for $0.00 on 1979-12-31. Show Details
    • H L Decdex Delafield sold this property to 488 Seventh Ave for $0.00 on 1979-12-31. Show Details
    • William M Sloane sold this property to 488 Seventh Ave for $0.00 on 1979-12-31. Show Details
    • Margaret D Swope & Howard G Kafer sold this property to William M Sloane for $0.00 on 1979-12-31. Show Details
    • ... and 38 older documents.

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Sept. 19, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: 488 Seventh Llc, 1650 Broadway #910, Ny, NY 10019
    • Managing Agent: 488 Seventh Llc, Hersel Torkian, 1650 Broadway #910, New York, NY 10019
    • Head Officer: Hersel Torkian, 1650 Broadway #910, Ny, NY 10019
    • Officer: Behrooz Torkian, 1650 Broadway #910, Ny, NY 10019
    • Shareholder: Behrooz Torkian, 1650 Broadway #910, New York, NY 10019
    • Shareholder: Hersel Torkian, 1650 Broadway #910, New York, NY 10019
    • Site Manager: John Chu,

    Building Tips

    Lot

    Address
    482 7th Ave, 10018
    Square Footage
    7,900
    Lot Type
    Corner
    Dimensions
    98.75ft x 80.0ft
    BBL
    1007860042

    Neighborhood

    Neighborhood
    NeighborhoodContent object
    Historic District
    N/A
    Community District
    05
    City Council
    3
    Police Precinct
    14
    Fire Company
    E026
    School District
    2
    Census Tract
    109

    Zoning

    Zoning District
    M1-6
    Commercial Overlay
    N/A
    Special Purpose
    G
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    2
    MV Land
    $3,420,000
    MV Total
    $28,038,000
    AV Land
    $1,539,000
    AV Total
    $12,617,100

    Floor Area Ratio

    Built FAR
    11.25

    Residential
    Zoned FAR 0.0
    Max 0.0 sq. ft.
    Remaining -88,872.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 79,000.0 sq. ft.
    Remaining -9,872.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 79,000.0 sq. ft.
    Remaining -9,872.0 sq. ft.

    Building

    Category
    Elevator Apartments
    Class
    Elevator Apt; Miscellaneous
    Land Use
    Multi-Family Elevator Buildings
    Buildings
    1
    Year Built
    1902
    Alterations
    N/A
    Floors
    13.0
    Residential Units
    104
    Total Units
    108
    Floor Area
    88872
    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