5 E 38th St
Murray Hill
New York, NY, 10016

Built in 1920 this 82,878 sq.ft. building is 87% Office Space, 13% Retail and contains 0 residential units and 44 non-residential units.

This property is currently Off Market.

    Transit

    • 5th Av Route BRoute DRoute FRoute MRoute 7 5 Minute walk, 0.2 Miles
    • 34th St Route BRoute DRoute FRoute MRoute NRoute QRoute R 7 Minute walk, 0.4 Miles
    • Times Square-42nd St Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 8 Minute walk, 0.4 Miles

    Schools

    • Elementary School

      • P.S. 116 Mary Lindley Murray
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Jane Hsu
        • Phone: 212-685-4366
        • Address: 210 East 33 Street
        • Website: schools.nyc.gov
    • Middle School

      • J.H.S. 104 Simon Baruch
        • Grades: 06,07,08,SE
        • Principal: Rocco Macri
        • Phone: 212-674-4545
        • Address: 330 East 21 Street
        • Website: schools.nyc.gov
    • High School

      • Citywide High School Choice

    Public Records

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    • Termination Of Assign Of L&R (Other Documents) was filed on 2015-07-09. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2015-07-09. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2015-07-09. Show Details
    • Initial UCC1 dated 2015-07-09, Secured Party: N.A. Td Bank Show Details
    • An Assignment of Leases and Rents was filed on 2015-05-29 Show Details
    • A mortgage agreement for $18,000,000.00 was filed on 2015-05-29 Show Details
    • A $2,152,146.06 mortgage was taken from N.A. Td Bank on 2015-05-29. Show Details
    • On 2015-05-29 a mortgage on this property was transferred from As Trustee U.S. Bank National Association to N.A. Td Bank. Show Details
    • On 2015-05-28 a mortgage on this property was transferred from Bank Of America, National Association, As Trustee, to As Trustee U.S. Bank National Association. Show Details
    • On 2015-05-27 a mortgage on this property was transferred from Mortgage Electronic Registration Systems Inc to Bank Of America, National Association, As Trustee,. Show Details
    • On 2006-05-15 a mortgage on this property was transferred from J.P. Morgan Commercial Mortgage Inc. & Inc. Bear Stearns Commercial Mortgage to Mortgage Electronic Registration Systems Inc. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2013-01-31. Show Details
    • An Assignment of Leases and Rents was filed on 2006-05-15 Show Details
    • A mortgage agreement for $0.00 was filed on 2006-05-15 Show Details
    • A $11,443,738.74 mortgage was taken from Inc. Bear Stearns Commercial Mortgage on 2006-05-15. Show Details
    • On 2006-05-15 a mortgage on this property was transferred from The Bank Of New York to Inc. Bear Stearns Commercial Mortgage. Show Details
    • This property was sold for $26,500,000.00 on 2006-05-15. Show Details
    • UCC3 Termination dated 2006-05-25, Secured Party: The Bank Of New York, Assignee: Show Details
    • UCC3 Termination dated 2006-05-25, Secured Party: The Bank Of New York, Assignee: Show Details
    • UCC3 Termination dated 2006-05-25, Secured Party: The Bank Of New York, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-05-25. Show Details
    • Initial UCC1 dated 2006-05-19, Secured Party: Inc. Mortgage Electronic Registration Systems Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2004-03-15. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2003-08-06. Show Details
    • On 2003-01-02 a mortgage on this property was transferred from Craftsman Associates to Bank Of New York. Show Details
    • A $3,000,000.00 mortgage was taken from Bank Of New York on 2003-01-02. Show Details
    • A mortgage agreement for $0.00 was filed on 2003-01-02 Show Details
    • Initial UCC1 dated 2002-12-18, Secured Party: Bank Of New York Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1999-01-27. Show Details
    • On 1998-10-02 a mortgage on this property was transferred from Craftsman Associates to Bank Of New York. Show Details
    • A $2,318,750.00 mortgage was taken from Bank Of New York on 1998-10-02. Show Details
    • A mortgage agreement for $0.00 was filed on 1998-10-02 Show Details
    • Initial UCC1 dated 1998-09-22, Secured Party: Bank Of New York Show Details
    • A mortgage agreement for $0.00 was filed on 1995-07-26 Show Details
    • UCC3 Termination dated 1994-05-12, Secured Party: American Savings Bank, Assignee: Show Details
    • UCC3 Termination dated 1994-05-12, Secured Party: Real Estate Recoveryof Ny Inc., Assignee: Show Details
    • Initial UCC1 dated 1994-05-11, Secured Party: Bank Of New York Show Details
    • A $5,500,000.00 mortgage was taken from Federal Deposit Insurance Corporation on 1994-05-09. Show Details
    • A Miscellaneous legal document filed on 1994-05-09. Show Details
    • A mortgage with Federal Deposit Insurance Corporation was satisfied on 1994-05-09. Show Details
    • A $1,500,000.00 mortgage was taken from Federal Deposit Insurance Corporation on 1994-05-09. Show Details
    • A mortgage agreement for $0.00 was filed on 1994-05-09 Show Details
    • A mortgage agreement for $0.00 was filed on 1994-05-09 Show Details
    • On 1994-05-09 a mortgage on this property was transferred from Federal Deposit Insurance Corporation to L.P. Craftsman Funding. Show Details
    • On 1994-05-09 a mortgage on this property was transferred from Craftsman Associates to Bank Of New York. Show Details
    • On 1994-05-09 a mortgage on this property was transferred from Federal Deposit Insurance Corporation to Bank Of New York. Show Details
    • Initial UCC1 dated 1993-09-24, Secured Party: Real Estate Recoveryof Ny Inc. Show Details
    • A Miscellaneous legal document filed on 1990-05-03. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1990-04-25. Show Details
    • UCC3 Termination dated 1990-04-25, Secured Party: Bankers Life Company, Assignee: Show Details
    • On 1990-04-24 a mortgage on this property was transferred from Parincipal Mutual Etal to American Savings Bank. Show Details
    • On 1990-04-24 a mortgage on this property was transferred from Craftsman Associates to American Savings Bank. Show Details
    • A mortgage agreement for $0.00 was filed on 1990-04-24 Show Details
    • A $1,000,000.00 mortgage was taken from American Savings Bank on 1990-04-24. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1990-04-19. Show Details
    • Initial UCC1 dated 1990-04-19, Secured Party: American Savings Bank Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1985-06-06. Show Details
    • A mortgage agreement for $0.00 was filed on 1985-06-06 Show Details
    • On 1985-06-06 a mortgage on this property was transferred from Craftsman Associates to Bankers Life Company. Show Details
    • On 1985-06-06 a mortgage on this property was transferred from American Savings Bkfsb to Bankers Life Company. Show Details
    • A $5,260,000.00 mortgage was taken from Bankers Life Co on 1985-06-06. Show Details
    • Initial UCC1 dated 1985-06-06, Secured Party: Bankers Life Company Show Details
    • A mortgage agreement for $0.00 was filed on 1983-01-26 Show Details
    • A $439,207.20 mortgage was taken from American Savings Bank on 1982-12-23. Show Details
    • This property was sold for $0.00 on 1981-07-31. Show Details
    • This property was sold for $0.00 on 1981-07-31. Show Details
    • A mortgage agreement for $0.00 was filed on 1981-06-08 Show Details
    • This property was sold for $0.00 on 1979-08-22. Show Details
    • This property was sold for $0.00 on 1979-08-22. Show Details
    • This property was sold for $0.00 on 1979-07-24. Show Details
    • This property was sold for $0.00 on 1977-09-08. Show Details
    • A mortgage agreement for $0.00 was filed on 1976-05-14 Show Details
    • This property was sold for $0.00 on 1974-10-24. Show Details
    • This property was sold for $0.00 on 1971-06-04. Show Details
    • A mortgage agreement for $0.00 was filed on 1966-01-14 Show Details

    Lot

    Address
    5 E 38th St, 10016
    Square Footage
    7,406
    Lot Type
    Through
    Dimensions
    37.5ft x 197.5ft
    BBL
    1008680008

    Neighborhood

    Neighborhood
    Murray Hill
    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    14
    Fire Company
    E065
    School District
    2
    Census Tract
    82

    Zoning

    Zoning District
    C5-2.5
    Commercial Overlay
    N/A
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $7,000,000
    MV Total
    $15,782,000
    AV Land
    $3,150,000
    AV Total
    $7,101,900

    Floor Area Ratio

    Built FAR
    11.19

    Residential
    Zoned FAR 10.0
    Max 74,060.0 sq. ft.
    Remaining -8,818.0 sq. ft.

    Commercial
    Zoned FAR 12.0
    Max 88,872.0 sq. ft.
    Remaining 5,994.0 sq. ft.

    Facility
    Zoned FAR 12.0
    Max 88,872.0 sq. ft.
    Remaining 5,994.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Bank Building - Designed Exclusively For Banking
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1920
    Alterations
    N/A
    Floors
    12.0
    Residential Units
    0
    Total Units
    44
    Floor Area
    82878
    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