497 7th Ave
Midtown South
New York, NY, 10018

Built in 1925 this 180,704 sq.ft. building is 97% Office Space, 3% Retail and contains 0 residential units and 86 non-residential units.

This property is currently Off Market.

    Transit

    • 34th St Route 1Route 2Route 3 3 Minute walk, 0.2 Miles
    • 33rd St Route 6 14 Minute walk, 0.7 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

    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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    • Vicara International Limited sold this property to Inc. The Estee Lauder Companies for $217,149.90 on 2016-11-14. Show Details
    • An Assignment of Leases and Rents was granted to 499 Fashion Tower LLC by The Prudential Insurance Company Of America or 2014-10-08 Show Details
    • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2014-11-14. Parties: 499 Fashion Tower LLC, The Prudential Insurance Company Of America Show Details
    • On 2014-10-06 a mortgage on this property was transferred from Citigroup Commercial Mortgage Trust & N.A. Wells Fargo Bank to The Prudential Insurance Company Of America. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2014-11-14. Parties: Citigroup Commercial Mortgage Trust & N.A. Wells Fargo Bank Show Details
    • UCC3 Termination dated 2014-10-27, Debtor: 499 Fashion Tower LLC, Secured Party: Wells Fargo Bank Na, Assignee: Show Details
    • UCC3 Termination dated 2014-10-21, Debtor: 499 Fashion Tower LLC, Secured Party: Wells Fargo Bank N.A. As Trustee, Assignee: Show Details
    • Initial UCC1 dated 2014-10-10, Debtor: 499 Fashion Tower LLC, Secured Party: The Prudential Insurance Company Of America, Assignee: Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2014-07-18. Parties: 499 Fashion Tower LLC, Wells Fargo Bank Na As Trustee Show Details
    • Cmw Representative, LLC sold this property to Cmw Acquisition Corp for $38,568.00 on 2013-07-01. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2009-07-17. Parties: 499 Fashion Tower, LLC, Wells Fargo Bank N.A. As Trustee Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2007-08-22. Parties: Citigroup Global Markets Realty Corp., Wells Fargo Bank N.A. As Trustee Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2007-07-24. Parties: 499 Fashion Tower LLC, Citigroup Global Markets Realty Corp, Wells Fargo Bank N.A. As Trustee Show Details
    • On 2004-12-16 a mortgage on this property was transferred from Citigroup Global Mortgage Markets Realty Corp. to Wells Fargo Bank N.A. As Trustee. Show Details
    • An Assignment of Leases and Rents was granted to Citigroup Global Markets Realty Corp by 499 Fashion Tower LLC or 2004-11-01 Show Details
    • Mortgage Agreement for $20,000,000.00 dated 2004-11-01 between 499 Fashion Tower LLC and Citigroup Global Markets Realty Corp Show Details
    • 499 Fashion Tower LLC took a mortgage for $7,275,317.68 from Citigroup Global Markets Realty Corp on 2004-11-01. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2005-01-27. Parties: Lasalle Bank National Association Show Details
    • On 2004-10-25 a mortgage on this property was transferred from Lasalle Bank National Association to Citigroup Global Markets Realty Corp. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2005-01-27. Parties: John Hancock Real Estate Finance Inc, Lasalle Bank National Association Show Details
    • On 2004-10-25 a mortgage on this property was transferred from John Hancock Real Estate Finance Inc to Lasalle Bank National Association. Show Details
    • Initial UCC1 dated 2005-01-03, Debtor: 499 Fashion Tower LLC, Secured Party: Citigroup Global Markets Realty Corp, Assignee: Show Details
    • UCC3 Termination dated 2005-01-03, Debtor: 499 Seventh Associates LLC, Secured Party: Lasalle Bank National Association, Assignee: Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2001-06-05. Parties: 499 Fashion Tower LLC, Inc. John Hancock Real Estate Finance, As Trustee Lasalle Bank National Association Show Details
    • 499 Seventh Associates LLC sold this property to 499 Fashion Tower LLC for $0.00 on 2001-04-17. Show Details
    • Mortgage Agreement for $0.00 dated 2001-05-24 between 499 Fashion Tower LLC & 499 Seventh Assocaites LLC and Inc. John Hancock Real Estate Finance Show Details
    • Mortgage Agreement for $0.00 dated 2001-05-24 between 499 Fashions Tower LLC & 499 Seventh Associates LLC and Inc. John Hancock Real Estate Finance Show Details
    • UCC3 Amendment dated 2001-05-01, Debtor: 499 Fashion Tower LLC, Secured Party: Inc. John Hancock Real Estate Finance, Assignee: Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2001-04-04. Parties: 499 Seventh Associates LLC, John Hancock Mutuallife Insurance Co., Inc. John Hancock Real Estate Finance Show Details
    • On 2001-01-10 a mortgage on this property was transferred from John Hancock Life Insurance Company & John Hancock Mutuallife Insurance Company to Inc. John Hancock Real Estate Finance. Show Details
    • On 2001-01-10 a mortgage on this property was transferred from John Hancock Life Insurance Company & John Hancock Mutuallife Insurance Company to Inc. John Hancock Real Estate Finance. Show Details
    • 499 Seventh Associates LLC took a mortgage for $14,512,500.00 from John Hancock Mutuallife Insurance Company on 1998-06-22. Show Details
    • John Hancock Mutuallife Insurance Company sold this property to 499 Seventh Associates LLC for $0.00 on 1997-12-22. Show Details
    • Initial UCC1 dated 1998-01-09, Debtor: 499 Seventh Associates LLC, Secured Party: John Hancock Mutuallife Insurance Co., Assignee: Show Details
    • On 1997-06-22 a mortgage on this property was transferred from 499 Seventh Associates LLC to John Hancock Mutuallife Insurance Company. Show Details
    • Initial UCC1 dated 1996-11-21, Debtor: Inc. Asap Sourcing & Production, Secured Party: European American Bank, Assignee: Show Details
    • City Of New York Def. & People Of The Stateof New York Def. & 491-499 Seventh Avenue Associates Def. & Linda Esq. Ref. Sideri sold this property to John Hancock Mutuallife Insurance Company for $0.00 on 1996-10-07. Show Details
    • Initial UCC1 dated 1994-08-10, Debtor: Inc. A-Plus Finance Group, Secured Party: Korea First Bank Ofnew York, Assignee: Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1987-11-16. Parties: 491-499 7 Ave Assocs, John Hancock Etal Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1987-11-16. Parties: 491-499 Seventh Aveasoc, Chemical Bank Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1987-11-16. Parties: 491-499 Seventh Aveasoc, Chemical Bank Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1987-11-16. Parties: 491-499 Seventh Aveasoc, Chemical Bank Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1987-11-16. Parties: 491-499 Seventh Aveasoc, Chemical Bank Show Details
    • Certificate (Other Documents) was filed on 1987-10-28. Parties: Chemical Bank Show Details
    • Certificate (Other Documents) was filed on 1987-10-28. Parties: Chemical Bank Show Details
    • On 1987-10-28 a mortgage on this property was transferred from 491-499 7Th Av Assocs to John Hancock Mtl Etal. Show Details
    • Mortgage Agreement for $0.00 dated 1987-10-28 between 491-499 7Th Av Assocs and John Hancock Mtl Etal Show Details
    • 491-499 7Th Ave Assocs took a mortgage for $6,250,000.00 from John Hancock Mtl Etal on 1987-10-28. Show Details
    • On 1987-10-28 a mortgage on this property was transferred from Chemical Bank to John Hancock Mutualetal. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1987-08-21. Parties: 419-499 Seventh Aveasso, Chemical Bank Show Details
    • On 1987-05-06 a mortgage on this property was transferred from 491-499 Seventh Aveasc to Chemical Bank. Show Details
    • Mortgage Agreement for $0.00 dated 1987-05-06 between 491-499 Seventh Aveasc and Chemical Bank Show Details
    • 491-499 Seventh Aveasc took a mortgage for $3,000,000.00 from Chemical Bank on 1987-05-06. Show Details
    • On 1986-01-31 a mortgage on this property was transferred from 491-499 Seventh Aveasc to Chemical Bank. Show Details
    • Mortgage Agreement for $0.00 dated 1986-01-31 between 491-499 Seventh Aveasoc and Chemical Bank Show Details
    • On 1986-01-31 a mortgage on this property was transferred from Judith W Soley & Peter J Wasserman to Chemical Bank. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1985-08-15. Parties: 491-499 Seventh Ave.Asoc, Chemical Bank Show Details
    • 491-499 Seventh Aveasc took a mortgage for $5,500,000.00 from Chemical Bank on 1985-08-02. Show Details
    • Mortgage Agreement for $0.00 dated 1985-08-02 between 491-499 Seventh Aveasc and Chemical Bank Show Details
    • Declaration (Other Documents) was filed on 1985-02-11. Parties: 491-499 7Th Ave Assoc. Show Details
    • Declaration (Other Documents) was filed on 1985-02-11. Parties: 491-499 7Th Ave Assoc. Show Details
    • Declaration (Other Documents) was filed on 1985-01-28. Parties: Judith W. Soley Show Details
    • Declaration (Other Documents) was filed on 1985-01-28. Parties: 491-499 Seventh Aveasc. Show Details
    • Declaration (Other Documents) was filed on 1985-01-28. Parties: Peter J. Wasserman Show Details
    • Declaration (Other Documents) was filed on 1985-01-28. Parties: Chemical Bank Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1984-10-12. Parties: 491-499 Seventh Av Assoc Show Details
    • 491-499 Seventh Av Assoc took a mortgage for $5,000,000.00 from Chemical Bank on 1984-10-05. Show Details
    • Mortgage Agreement for $2,604,861.64 dated 1984-10-05 between 491-499 Seventh Aveasoc and Peter J. Wasserman & Judith W. Soley Show Details
    • 491-499 Seventh Av Assoc took a mortgage for $2,604,861.64 from Peter J. Wasserman & Judith W. Soley on 1984-10-05. Show Details
    • On 1984-10-05 a mortgage on this property was transferred from Metropolitan Savingsbk to Peter J. Wasserman & Judith W. Soley. Show Details
    • Judith W. Soley & Peter J. Wasserman & Judith W.Fka Wasserman sold this property to 491-499 Seventh Av Assoc for $0.00 on 1984-10-02. Show Details
    • Sigwin Building Corp Satisfied their Mortgage with Brookside Realty Co on 1984-10-05. Show Details
    • Sigwin Building Corp Satisfied their Mortgage with Brookside Realty Co on 1984-10-05. Show Details
    • Sigwin Building Corp Satisfied their Mortgage with Brookside Realty Co on 1984-10-05. Show Details
    • Sigwin Building Corp Satisfied their Mortgage with Brookside Realty Co on 1984-10-05. Show Details
    • Sigwin Building Corp Satisfied their Mortgage with Brookside Realty Co on 1984-10-05. Show Details
    • Sigwin Building Corp Satisfied their Mortgage with Brookside Realty Co on 1984-10-05. Show Details
    • Sigwin Building Corp Satisfied their Mortgage with Brookside Realty Co on 1984-10-05. Show Details
    • Sigwin Building Corp Satisfied their Mortgage with Brookside Realty Co on 1984-10-05. Show Details
    • Sigwin Building Corp Satisfied their Mortgage with Brookside Realty Co on 1984-10-05. Show Details
    • Sigwin Building Corp Satisfied their Mortgage with Brookside Realty Oc on 1984-10-05. Show Details
    • Sigwin Building Corp Satisfied their Mortgage with Brookside Realty Co on 1984-10-05. Show Details
    • Sigwin Building Corp Satisfied their Mortgage with Brookside Realty Co on 1984-10-05. Show Details
    • Peter J.Fbo Wasserman & Judith Fbo Soley & Lucius P.Dec'D Wasserman & Richard L. Tr. Mayer & Sidney J.Tr. Bernstein sold this property to Peter J. Wasserman & Judith W. Soley for $0.00 on 1982-10-08. Show Details
    • Sidney D Bernstein & Judith W Soley sold this property to Peter J Wasserman for $0.00 on 1981-01-16. Show Details
    • Peter J Wasserman & Sidney J Bernstein sold this property to Judith W Soley for $0.00 on 1981-01-16. Show Details
    • Kelson Holding Corp sold this property to Judith W Soley & Lucius P Wasserman & Richard L Mayer & Sidney J Bernstein & Peter J Wasserman & Sidney J Berntein & Carryl Sdecd Wasserman for $0.00 on 1979-03-05. Show Details
    • Judith W Soley & Lucius P Wasserman & Richard L Mayer & Sidney J Bernstein & Carrykl S Wasserman & Peter J Wasserman sold this property to Kelson Holding Corp for $0.00 on 1979-03-05. Show Details
    • Kelson Holding Corp sold this property to Judith W Tr Soley & Peter J Fbo Wasserman & Judith W Fbo Soley & Peter J Tr Wasserman & Richard L Tr Mayer & Trs U/T Of L/W/T Of & Arthur Tr Stern & Carryl Sdecd Wasserman & Sidney Jtr Bernstein & Trs U/W/T Of & Lucius Pdecd Wasserman for $0.00 on 1974-06-06. Show Details
    • Peter J Fbo Wasserman & Judith W Fbo Soley & Peter J Tr Wasserman & Trs Of L-W/T Of & Rochard L Tr Mayer & Arthur Tr Stern & Soley/Judith W Tr & Carryl Sdecd Wasserman & Lucius Pdecd Wasserman & Judith Fbo Soley & Sidney Jtr Bernstein sold this property to for $0.00 on 1974-05-23. Show Details
    • Lucuis Pex Wasserman sold this property to Carryl Wasserman & Judith Soley & Peter J Fbo Wasserman & Lucius Fdecd Wasserman & Richard L Tr Mayer & Arthur Tr Stern & Sidney Jtr Bernstein for $0.00 on 1968-01-02. Show Details

    Lot

    Address
    497 7th Ave, 10018
    Square Footage
    7,556
    Lot Type
    Inside
    Dimensions
    100.75ft x 75.0ft
    BBL
    1008120006

    Neighborhood

    Neighborhood
    Midtown South
    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
    4
    MV Land
    $12,300,000
    MV Total
    $32,961,000
    AV Land
    $5,535,000
    AV Total
    $14,832,450

    Floor Area Ratio

    Built FAR
    23.92

    Residential
    Zoned FAR 0.0
    Max 0.0 sq. ft.
    Remaining -180,704.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 75,560.0 sq. ft.
    Remaining -105,144.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 75,560.0 sq. ft.
    Remaining -105,144.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Tower Type
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1925
    Alterations
    N/A
    Floors
    25.0
    Residential Units
    0
    Total Units
    86
    Floor Area
    180704
    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