500 7th Ave
Midtown South
New York, NY, 10018

Built in 1921 this 606,078 sq.ft. building is 97% Office Space, 3% Retail and contains 0 residential units and 17 non-residential units.

This property is currently Off Market.

    Transit

    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 2 Minute walk, 0.1 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 14 Minute walk, 0.7 Miles
    • 34th St Route BRoute DRoute FRoute MRoute NRoute QRoute R 5 Minute walk, 0.2 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 6 Minute walk, 0.3 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
    15AOff Market1

    Public Records

    Get a free price estimate for this property to determine how much it should sell for. Start Now

    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2016-12-27. Show Details
    • Initial UCC1 dated 2016-12-27, Secured Party: U.S. Bank National Association Show Details
    • A mortgage agreement for $300,000,000.00 was filed on 2016-12-05 Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2016-07-22. Show Details
    • On 2016-07-07 a mortgage on this property was transferred from Bank Of America, N.A., to U.S. Bank National Association. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2016-04-27. Show Details
    • Mortgage Spreader Agreement (Mortgages & Instruments) was filed on 2016-04-27. Show Details
    • On 2016-04-07 a mortgage on this property was transferred from North Fork Bank & Capital One, National Association, (S/I/I/B/M/T) to The Dime Savings Bank Of Williamsburgh. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-04-27. Show Details
    • A mortgage agreement for $0.00 was filed on 2012-09-11 Show Details
    • UCC3 Termination dated 2011-03-30, Secured Party: North Fork Bank & Capital One, N.A.,As Successor-In-Int By Merger To, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2011-03-30. Show Details
    • Initial UCC1 dated 2011-03-30, Secured Party: N.A. Capital One Show Details
    • An Assignment of Leases and Rents was filed on 2001-03-15 Show Details
    • A mortgage agreement for $3,220,223.68 was filed on 2011-03-15 Show Details
    • This property was sold for $0.00 on 2011-01-28. Show Details
    • Initial UCC1 dated 2011-02-25, Secured Party: As Trustee* Wells Fargo Bank N.A & Bank Of America, N.A., As Trustee For The Register Show Details
    • Initial UCC1 dated 2011-01-14, Secured Party: National Association Wachovia Bank Show Details
    • A mortgage agreement for $0.00 was filed on 2010-03-26 Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2009-08-21. Show Details
    • On 2009-04-14 a mortgage on this property was transferred from Wells Fargo Bank, N.A., As Trustee to Bank Of America, N.A., As Trustee. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2007-08-14. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2007-04-19. Show Details
    • On 2006-07-25 a mortgage on this property was transferred from National Association Wachovia Bank to Wells Fargo Bank, N.A., As Trustee. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-08-24. Show Details
    • An Assignment of Leases and Rents was filed on 2006-07-07 Show Details
    • A mortgage agreement for $300,000,000.00 was filed on 2006-07-07 Show Details
    • A $65,000,000.00 mortgage was taken from National Association Wachovia Bank on 2006-07-07. Show Details
    • On 2006-07-07 a mortgage on this property was transferred from Lasalle Bank National Association to National Association Wachovia Bank. Show Details
    • Correction Doc-Office Use Only (Other Documents) was filed on 2006-08-24. Show Details
    • Correction Doc-Office Use Only (Other Documents) was filed on 2006-08-24. Show Details
    • UCC3 Termination dated 2006-07-18, Secured Party: Lasalle Bank, NA, Assignee: Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2005-05-16. Show Details
    • On 2005-04-27 a mortgage on this property was transferred from Wachovia Bank, NA to N.A. Lasalle Bank. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2005-05-10. Show Details
    • Initial UCC1 dated 2004-11-29, Secured Party: National Association Wachovia Bank Show Details
    • An Assignment of Leases and Rents was filed on 2004-06-15 Show Details
    • A mortgage agreement for $235,000,000.00 was filed on 2004-06-15 Show Details
    • A $87,000,000.00 mortgage was taken from National Association Wachovia Bank on 2004-06-15. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2004-11-29. Show Details
    • On 2004-06-15 a mortgage on this property was transferred from National Association Wachovia Bank to Wells Fargo Bank Of Minnesota, N.A., As Trustee. Show Details
    • UCC3 Termination dated 2004-06-25, Secured Party: Jp Morgan Chase Bank C/O Cmmc, Assignee: Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2004-01-13. Show Details
    • Cancellation of Assignment of Leases and Rents was filed on 2003-02-21 Show Details
    • Cancellation of Assignment of Leases and Rents was filed on 2003-02-21 Show Details
    • An Assignment of Leases and Rents was filed on 2002-12-30 Show Details
    • A mortgage agreement for $0.00 was filed on 2002-12-30 Show Details
    • A $5,647,964.25 mortgage was taken from National Association Wachovia Bank on 2002-12-30. Show Details
    • On 2002-12-27 a mortgage on this property was transferred from Bayerische Hypo-Und Vereinsbank Ag to National Association Wachovia Bank. Show Details
    • On 2002-12-27 a mortgage on this property was transferred from Bayerische Hypo-Und Vereinsbank Ag to National Association Wachovia Bank. Show Details
    • Initial UCC1 dated 2003-02-14, Secured Party: National Association Wachovia Bank Show Details
    • UCC3 Termination dated 2003-02-06, Secured Party: Bayerische Hypo-Und Vereinsbank Ag, Assignee: Show Details
    • UCC3 Termination dated 2003-02-06, Secured Party: Bayerische Hypo-Und Vereinsbank Ag, Assignee: Show Details
    • UCC3 Termination dated 2003-02-06, Secured Party: North Fork Bank, Assignee: Show Details
    • Cancellation of Assignment of Leases and Rents was filed on 2003-02-06 Show Details
    • Initial UCC1 dated 2003-02-06, Secured Party: North Fork Bank Show Details
    • An Assignment of Leases and Rents was filed on 2002-12-01 Show Details
    • A mortgage agreement for $3,721,826.48 was filed on 2002-12-01 Show Details
    • This property was sold for $0.00 on 2001-11-15. Show Details
    • Initial UCC1 dated 2001-07-11, Secured Party: Bayerische Hypo-Undvereinsbank Ag New York Branch Show Details
    • Initial UCC1 dated 2001-07-11, Secured Party: Bayerische Hypo-Undvereinsbank Ag New York Branch Show Details
    • On 2000-10-11 a mortgage on this property was transferred from 500-512 Seventh Avenue Limited Partnership to Bayerische Hypo-Undvereinsbank Ag. Show Details
    • A $32,000,000.00 mortgage was taken from Bayerische Hypo-Undvereinsbank Ag on 2000-10-11. Show Details
    • On 2000-09-27 a mortgage on this property was transferred from 500-512 Seventh Avenue Limited Partnership to Bayerische Hypo-Undvereinsbank Ag. Show Details
    • A $134,000,000.00 mortgage was taken from Bayerische Hypo-Undvereinsbank Ag on 2000-09-27. Show Details
    • This property was sold for $0.00 on 1999-12-23. Show Details
    • This property was leased on 1999-12-23 Show Details
    • This property was leased on 2000-03-07 Show Details
    • This property was leased on 2000-03-07 Show Details
    • This property was sold for $0.00 on 1999-04-30. Show Details
    • A Miscellaneous legal document filed on 1998-07-09. Show Details
    • On 1998-07-09 a mortgage on this property was transferred from Orix Usa Corporation to North Fork Bank. Show Details
    • On 1998-07-09 a mortgage on this property was transferred from Inc. Gsl Enterprises to North Fork Bank. Show Details
    • A $536,986.40 mortgage was taken from North Fork Bank on 1998-07-09. Show Details
    • A mortgage agreement for $0.00 was filed on 1998-07-09 Show Details
    • UCC3 Termination dated 1998-02-27, Secured Party: Orix Usa Corporation, Assignee: Show Details
    • Initial UCC1 dated 1998-02-20, Secured Party: North Fork Bank Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1996-06-20. Show Details
    • UCC3 Termination dated 1994-03-18, Secured Party: N.A. Chase Manhattan Bank, Assignee: Show Details
    • UCC3 Termination dated 1994-03-18, Secured Party: N.A. Chase Manhattan Bank, Assignee: Show Details
    • A $771,426.00 mortgage was taken from Orix Usa Corporation on 1994-02-10. Show Details
    • On 1994-02-10 a mortgage on this property was transferred from Chase Manhattan Bank to Orix Usa Corporation. Show Details
    • A mortgage agreement for $0.00 was filed on 1994-02-10 Show Details
    • On 1994-02-10 a mortgage on this property was transferred from Inc. Gsl Enterprises to Orix Usa Corporation. Show Details
    • Initial UCC1 dated 1994-02-08, Secured Party: Orix Usa Corporation Show Details
    • Initial UCC1 dated 1991-12-06, Secured Party: N.A. Chase Manhattan Bank Show Details
    • Initial UCC1 dated 1991-10-15, Secured Party: N.A. Marine Midland Bank Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1991-03-18. Show Details
    • Initial UCC1 dated 1991-03-18, Secured Party: N.A. Chase Manhattan Bank Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1990-10-15. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1990-10-15. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1990-10-15. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1990-10-15. Show Details
    • An easement was granted on 1988-04-22. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1985-12-16. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1985-12-16. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1983-03-08. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1983-03-02. Show Details
    • A $4,000,000.00 mortgage was taken from Chase Manhattan Bank, NA on 1983-03-02. Show Details
    • This property was sold for $0.00 on 1982-05-04. Show Details
    • ... and 2 older documents.

    Lot

    Address
    500 7th Ave, 10018
    Square Footage
    36,260
    Lot Type
    Corner
    Dimensions
    74.67ft x 275.0ft
    BBL
    1007870040

    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
    $15,700,000
    MV Total
    $128,985,000
    AV Land
    $7,065,000
    AV Total
    $58,043,250

    Floor Area Ratio

    Built FAR
    16.71

    Residential
    Zoned FAR 0.0
    Max 0.0 sq. ft.
    Remaining -606,078.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 362,600.0 sq. ft.
    Remaining -243,478.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 362,600.0 sq. ft.
    Remaining -243,478.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Bank Building - Designed Exclusively For Banking
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1921
    Alterations
    N/A
    Floors
    17.0
    Residential Units
    0
    Total Units
    17
    Floor Area
    606078
    Basement
    Full Basement Below Grade
    Proximity
    Unknown

    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