500 8th Ave
Midtown South
New York, NY, 10018

Built in 1922 this 243,350 sq.ft. building is 94% Office Space, 6% Retail and contains 0 residential units and 28 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 4 Minute walk, 0.2 Miles
    • 42nd St Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 5 Minute walk, 0.2 Miles
    • 34th St Route BRoute DRoute FRoute MRoute NRoute QRoute R 6 Minute walk, 0.3 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 11 Minute walk, 0.6 Miles
    • 33rd St Route 6 16 Minute walk, 0.8 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 19 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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    • Initial UCC1 dated 2016-12-19, Debtor: 500 Eighth Avenue Limited Liability Company, Secured Party: N.A. Citibank, Assignee: Show Details
    • Collateral Mortgage (Mortgages & Instruments) was filed on 2016-12-19. Parties: 500 Eighth Avenue Limited Liability Company, N.A. Citibank Show Details
    • Initial UCC1 dated 2015-08-06, Debtor: 500 Eighth Avenue Limited Liability Company, Secured Party: N.A. Citibank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 500 Eighth Avenue Limited Liability Company by N.A. Citibank or 2015-07-21 Show Details
    • Mortgage Agreement for $60,000,000.00 dated 2015-07-21 between 500 Eighth Avenue Limited Liability Company and N.A. Citibank Show Details
    • 500 Eighth Avenue Limited Liability Company took a mortgage for $28,665,331.15 from N.A. Citibank on 2015-07-21. Show Details
    • On 2015-07-21 a mortgage on this property was transferred from Manufacturers And Traders Trust Company to N.A. Citibank. Show Details
    • On 2015-07-21 a mortgage on this property was transferred from Manufacturers And Traders Trust Company to N.A. Citibank. Show Details
    • On 2015-07-21 a mortgage on this property was transferred from Manufacturers And Traders Trust Company to N.A. Citibank. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2015-08-06. Parties: Manufacturers And Traders Trust Company, 500 Eighth Avenue Limited Liability Company Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2015-08-06. Parties: Manufacturers And Traders Trust Company, 500 Eighth Avenue Limited Liability Company Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2015-08-06. Parties: Manufacturers And Traders Trust Company, 500 Eighth Avenue Limited Liability Company Show Details
    • UCC3 Termination dated 2015-07-31, Debtor: 500 Eighth Avenue Limited Liability Company, Secured Party: Manufactures And Traders Trust Company, Assignee: Show Details
    • UCC3 Termination dated 2015-07-31, Debtor: 500 Eighth Avenue Limited Liability Company, Secured Party: Manufactures And Traders Trust Company, Assignee: Show Details
    • UCC3 Termination dated 2015-07-31, Debtor: David I Berley, Secured Party: Millman LLC, Assignee: Show Details
    • Initial UCC1 dated 2014-08-08, Debtor: 500 Eighth Avenue Limited Liability Company, Secured Party: Manufactures And Traders Trust Company, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 500 Eighth Avenue Limited Liability Company by Manufactures And Traders Trust Company or 2014-07-23 Show Details
    • 500 Eighth Avenue Limited Liability Company took a mortgage for $4,200,000.00 from Manufactures And Traders Trust Company on 2014-07-23. Show Details
    • Initial UCC1 dated 2011-11-23, Debtor: David I Berley, Secured Party: Millman LLC, Assignee: Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2010-11-05. Parties: 500 Eighth Avenue Limited Liability Company, Manufacturers And Traders Trust Company Show Details
    • An Assignment of Leases and Rents was granted to Manufacturers And Traders Trust Company by 500 Eighth Avenue Limited Liability Company or 2006-03-10 Show Details
    • 500 Eighth Avenue Limited Liability Company took a mortgage for $1,500,000.00 from Manufacturers And Traders Trust Company on 2006-03-10. Show Details
    • An Assignment of Leases and Rents was granted to Manufacturers And Traders Trust Company by 500 Eighth Avenue Limited Liability Company or 2006-03-10 Show Details
    • Mortgage Agreement for $28,500,000.00 dated 2006-03-10 between 500 Eighth Avenue Limited Liability Company and Manufacturers And Traders Trust Company Show Details
    • 500 Eighth Avenue Limited Liability Company took a mortgage for $9,646,700.02 from Manufacturers And Traders Trust Company on 2006-03-10. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-03-30. Parties: North Fork Bank, 500 Eighth Avenue Limited Liability Company Show Details
    • On 2006-03-09 a mortgage on this property was transferred from North Fork Bank to Manufacturers And Traders Trust Company. Show Details
    • Initial UCC1 dated 2006-03-29, Debtor: 500 Eighth Avenue Limited Liability Company, Secured Party: Manufacturers And Traders Trust Company, Assignee: Show Details
    • 500 Eighth Avenue Limited Liability Company took a mortgage for $11,310,336.86 from North Fork Bank on 2002-08-01. Show Details
    • Mortgage Agreement for $0.00 dated 2002-08-01 between 500 Eighth Avenue Limited Liability Company and North Fork Bank Show Details
    • General Electric Capital Corporation & General Electric Credit Corporation was granted Power of Attorney for Richard Engel on 2002-08-01 Show Details
    • On 2002-08-01 a mortgage on this property was transferred from General Electric Capital Corporation to North Fork Bank. Show Details
    • On 2002-08-01 a mortgage on this property was transferred from 500 Eighth Avenue Limited Liability Company to North Fork Bank. Show Details
    • Release dated 2002-08-01 between General Electric Capital Corporation and 500 Eighth Avenue Limited Liability Company Show Details
    • Initial UCC1 dated 1996-05-08, Debtor: 500 Eighth Avenue Limited Liability Company, Secured Party: General Electric Capital Corporation, Assignee: Show Details
    • On 1996-04-23 a mortgage on this property was transferred from 500 Eighth Avenue Limited Liability Company to General Electric Capital Corporation. Show Details
    • N.V. Def. Fabstell Company & Julia R. Corporationdef. & Learning Enhancementschool & R.H.E.A. Associates & Inc. Def. Contemporary Guidance Services & Finlay Fine Jewelrycorporation Def. & F.H.E.A. Associatesdef. & Joel B. Referee Mayer & Jacob Mr. Def. Feldman sold this property to 500 Eighth Avenue Limited Liability Company for $0.00 on 1996-04-01. Show Details
    • 500 Eighth Avenue Limited Liability Company took a mortgage for $10,250,000.00 from General Electric Capital Corporation on 1996-04-23. Show Details
    • Mortgage Agreement for $0.00 dated 1993-07-16 between F H E A Associates and General Electric Cptl Cp Show Details
    • F H E A Associates took a mortgage for $2,680,000.00 from General Electric Cptl Cp on 1993-07-16. Show Details
    • Mortgage Agreement for $0.00 dated 1993-07-16 between General Electric Etc. and F.H.E.A. Associates Show Details
    • F H E A Associates took a mortgage for $1,223,455.37 from General Electric Cptl Cp on 1993-07-16. Show Details
    • Initial UCC1 dated 1993-07-16, Debtor: F.H.E.A. Associates, Secured Party: General Electric Capital Corp., Assignee: Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1992-04-07. Parties: F.H.E.A. Associates, General Electric Credit Corporation, Class B Certificatecorp Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1991-09-03. Parties: F.H.E.A. Associates, General Electric Credit Corporation Show Details
    • Mortgage Agreement for $0.00 dated 1991-03-27 between General Electric Capcrp and F.H.E.A. Associates Show Details
    • F.H.E.A. Associates took a mortgage for $98,994.64 from General Electric Capcrp on 1991-03-27. Show Details
    • Mortgage Agreement for $0.00 dated 1989-11-22 between F.H.E.A. Associates and General Electral Capl Cp Show Details
    • Mortgage Agreement for $0.00 dated 1989-11-22 between General Electric Capcrp and F.H.E.A. Associates Show Details
    • F.H.E.A. Associates took a mortgage for $2,250,000.00 from General Electric Capeta on 1989-11-22. Show Details
    • Fabstell Company N.V. was granted Power of Attorney for Pincus Neiman on 1989-11-22 Show Details
    • B.S.P. Properties Inc & E.W.C. Inc & 500 Eight Ave Rlty Corp & Talso Rlty Corp Satisfied their Mortgage with Republic Nat'L Bankn.Y. & Republic Nat'L Bank & Republic Nat'L Bk & Curaca Rlty Corp on 1988-05-20. Show Details
    • On 1988-05-05 a mortgage on this property was transferred from D I D Assocs to General Elec Creditcp. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1986-09-29. Parties: F.H.E.A. Associates, 500 Eight Ave Asoc Show Details
    • On 1986-09-29 a mortgage on this property was transferred from E.H.E.A. Associates to General Elec Creditcorp. Show Details
    • Mortgage Agreement for $0.00 dated 1986-09-29 between F.H.E.A. Associates and General Electrc Crdtcp. Show Details
    • F.H.E.A. Associates took a mortgage for $2,690,000.00 from General Electric Crcp on 1986-09-29. Show Details
    • Company N.V. Fabstell was granted Power of Attorney for Pincus Neiman on 1986-09-29 Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1986-09-29. Parties: F.H.E.A. Assocs, General Electric Crcp Show Details
    • On 1986-09-29 a mortgage on this property was transferred from 500 Eight Ave Associates to General Elec Cr Corp. Show Details
    • Initial UCC1 dated 1986-09-29, Debtor: F.H.E.A. Associates, Secured Party: General Electric Credit Corporation, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1986-09-23 between D.I.D. Associates and F.H.E.A. Associates Show Details
    • On 1986-09-23 a mortgage on this property was transferred from First Jersey Natl Bk to D.I.D. Associates. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1985-01-31. Parties: D.I.D. Associates Show Details
    • On 1985-01-31 a mortgage on this property was transferred from D.I.D. Associates to First Jersey Natl Bk. Show Details
    • On 1985-01-31 a mortgage on this property was transferred from D.I.D. Associates to First Jersey Nat'L Bank. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1984-07-16. Parties: F.H.E.A. Associates Show Details
    • F.H.E.A. Associates took a mortgage for $3,500,000.00 from 500 Eighth Ave Assoc. on 1984-07-16. Show Details
    • 500 Eighth Av Assoc sold this property to F.H.E.A. Associates for $0.00 on 1984-07-10. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1982-01-21. Parties: Inc. S. E. Nichols Show Details
    • On 1981-07-28 a mortgage on this property was transferred from Republic National Etal to D I D Asscts. Show Details
    • Mortgage Agreement for $0.00 dated 1981-07-28 between 500 Eighth Ave Asscts and D I D Asscts Show Details
    • 500 Eighth Ave Asscts took a mortgage for $0.00 from D I D Asscts on 1981-07-28. Show Details
    • D I D Associates sold this property to 500 Eighth Ave Asscts for $0.00 on 1981-07-22. Show Details
    • Mortgage Agreement for $0.00 dated 1979-02-26 between 500 Eighth Ave Rltycorp and Republic Natl Bank Ny Show Details
    • 500 Eighth Ave Realty sold this property to D I D Associates for $0.00 on 1979-02-26. Show Details
    • D I D Associates sold this property to 500 Eighth Ave Realty for $0.00 on 1979-02-26. Show Details
    • 500 Eight Ave Rlty Corp sold this property to D I D Associates for $0.00 on 1978-01-26. Show Details
    • Mortgage Agreement for $0.00 dated 1977-04-01 between 500 Eighth Ave Rltycorp and Republic Natl Bk Ny Show Details
    • 500 Eighth Ave Rltycorp took a mortgage for $0.00 from Republic Natl Bk Ny on 1977-04-01. Show Details
    • Republic Natl Bk Ny sold this property to 500 Eighth Ave Rltycorp for $0.00 on 1977-04-01. Show Details
    • 508 Associates Etal & Sol L Neuhaus sold this property to Republic National Bkny for $0.00 on 1974-05-24. Show Details
    • Declaration (Other Documents) was filed on 1971-12-22. Parties: Chase Manhattan Banktr & Ford Motor Co & Uaw-Cio Retirement Plan Show Details
    • Mortgage Agreement for $0.00 dated 1971-12-22 between Summer Holding Corp and Republic Natl Bank Of Ny Show Details
    • Summer Holding Corp sold this property to 508 Associates for $0.00 on 1971-12-22. Show Details
    • 508 Associates sold this property to Summer Holding Corp for $0.00 on 1971-12-22. Show Details
    • On 1971-12-22 a mortgage on this property was transferred from Cousins Mtge & Eqtyinvs to Republic Natl Bank Of Ny. Show Details
    • On 1970-08-21 a mortgage on this property was transferred from Chase Manhattan Banktr & Ford Motor Co & Ford Retirement Plan to Cousins Mtge & Eqtyinvs. Show Details
    • 35Th & 8Th Corp sold this property to 508 Associates for $0.00 on 1970-08-21. Show Details
    • Mortgage Agreement for $0.00 dated 1970-08-21 between 35Th & 8Th Corp and Chase Manhattan Banktr & Ford Motor Co & Ford Retirement Plan Show Details
    • 508 Associates sold this property to 35Th & 8Th Corp for $0.00 on 1970-08-21. Show Details
    • 508 Associates Inc sold this property to 508 Associates for $0.00 on 1967-11-20. Show Details
    • 508 Associates Inc took a mortgage for $0.00 from 500 Eighth Ave Assoc on 1967-11-20. Show Details
    • 500 Eighth Ave Assoc sold this property to 508 Associates Inc for $0.00 on 1967-11-20. Show Details

    Lot

    Address
    500 8th Ave, 10018
    Square Footage
    19,027
    Lot Type
    Corner
    Dimensions
    172.5ft x 94.0ft
    BBL
    1007850001

    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
    $8,160,000
    MV Total
    $40,555,000
    AV Land
    $3,672,000
    AV Total
    $18,249,750

    Floor Area Ratio

    Built FAR
    12.79

    Residential
    Zoned FAR 0.0
    Max 0.0 sq. ft.
    Remaining -243,350.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 190,270.0 sq. ft.
    Remaining -53,080.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 190,270.0 sq. ft.
    Remaining -53,080.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Bank Building - Designed Exclusively For Banking
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1922
    Alterations
    N/A
    Floors
    12.0
    Residential Units
    0
    Total Units
    28
    Floor Area
    243350
    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