502 12th Ave
Clinton
New York, NY, 10036

Built in 1999 this 887,879 sq.ft. building is 89% Residential, 5% Garage Space, 5% Retail, 2% Other and contains 921 residential units and 6 non-residential units.

This property is currently Off Market.

    Transit

    • 42nd St Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 12 Minute walk, 0.6 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 17 Minute walk, 0.9 Miles
    • 42nd St Route BRoute DRoute FRoute MRoute 7 18 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

    Units at this Address

    PriceUnitLast UpdateStatusPublic Records
    3006Off Market0
    2415Off Market0
    2414Off Market0
    1914Off Market0
    1814Off Market0
    202Off Market0
    2413Off Market0
    2414Off Market0
    3006Off Market0
    3126Off Market0
    2704Off Market0
    2526Off Market0
    10Off Market0
    PH109Off Market0
    2604Off Market0
    1012Off Market0
    3613Off Market0
    3202Off Market0
    1306Off Market0
    2406Off Market0
    2411Off Market0
    PH113Off Market0
    1201Off Market0
    2428Off Market0
    2023Off Market0
    1508Off Market0
    2120Off Market0
    1403Off Market0
    2109Off Market0
    3907Off Market0
    2601Off Market0
    3501Off Market1
    1914Off Market0
    1911Off Market0
    2510Off Market0

    Public Records

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

    • This property was sold for $1,670,403.00 on 2015-10-30. Show Details
    • UCC3 Termination dated 2014-09-18, Secured Party: As Trustee U.S. Bank National Association, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2014-08-27. Show Details
    • UCC3 Termination dated 2014-08-27, Secured Party: Nomura Credit & Capital Inc., Assignee: Show Details
    • Initial UCC1 dated 2014-08-27, Secured Party: National Association Wells Fargo Bank Show Details
    • On 2014-08-11 a mortgage on this property was transferred from National Association Wells Fargo Bank to Fannie Mae. Show Details
    • A mortgage agreement for $230,000,000.00 was filed on 2014-08-11 Show Details
    • A $53,493,656.99 mortgage was taken from National Association Wells Fargo Bank on 2014-08-11. Show Details
    • On 2014-08-11 a mortgage on this property was transferred from U.S. Bank National Association to National Association Wells Fargo Bank. Show Details
    • Certificate (Other Documents) was filed on 2011-03-01. Show Details
    • Zoning Lot Description (Other Documents) was filed on 2011-03-01. Show Details
    • Zoning Lot Description (Other Documents) was filed on 2011-03-01. Show Details
    • Zoning Lot Description (Other Documents) was filed on 2011-03-01. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2010-03-16. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2010-03-16. Show Details
    • On 2009-06-30 a mortgage on this property was transferred from Wells Fargo Bank, N.A., As Trustee to As Trustee U.S. Bank National Association. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2009-10-09. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2008-03-31. Show Details
    • Certificate (Other Documents) was filed on 2007-12-13. Show Details
    • A Miscellaneous legal document filed on 2007-12-13. Show Details
    • A Miscellaneous legal document filed on 2007-12-13. Show Details
    • A Miscellaneous legal document filed on 2007-12-13. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2007-12-13. Show Details
    • A mortgage agreement for $0.00 was filed on 2007-07-19 Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2007-06-28. Show Details
    • A Miscellaneous legal document filed on 2007-02-02. Show Details
    • A Miscellaneous legal document filed on 2007-02-02. Show Details
    • Certificate (Other Documents) was filed on 2007-02-02. Show Details
    • Amended Condo Declaration (Other Documents) was filed on 2007-02-02. Show Details
    • An easement was granted on 2006-11-08. Show Details
    • Initial UCC1 dated 2006-08-01, Secured Party: John Stevens Show Details
    • Initial UCC1 dated 2006-08-01, Secured Party: Robert Charles Wellen Show Details
    • Initial UCC1 dated 2006-08-01, Secured Party: Max David Leifer Show Details
    • Initial UCC1 dated 2006-08-01, Secured Party: Thomas Michael Courtney Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2006-06-01. Show Details
    • UCC3 Amendment dated 2006-05-26, Secured Party: Inc. Nomura Credit & Capital Show Details
    • UCC3 Amendment dated 2006-05-03, Secured Party: Inc. Nomura Credit & Capital & Inc. American Property Financing Show Details
    • UCC3 Termination dated 2006-04-19, Secured Party: Morgan Stanley Mortgage Capital Inc., Assignee: Show Details
    • Ucc 5 Correction Statement (Ucc And Federal Liens) was filed on 2005-11-14. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2005-08-02. Show Details
    • On 2005-03-11 a mortgage on this property was transferred from Inc. Nomura Credit & Capital to Wells Fargo Bank, N.A., As Trustee. Show Details
    • On 2005-01-06 a mortgage on this property was transferred from Inc. American Property Financing to Inc. Nomura Credit & Capital. Show Details
    • A mortgage agreement for $200,000,000.00 was filed on 2005-01-06 Show Details
    • A $80,000,000.00 mortgage was taken from Inc. American Property Financing on 2005-01-06. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2005-04-18. Show Details
    • An Assignment of Leases and Rents was filed on 2005-01-06 Show Details
    • On 2004-12-17 a mortgage on this property was transferred from N.A. - Successor By Merger Wells Fargo Bank to Inc. American Property Financing. Show Details
    • On 2004-12-16 a mortgage on this property was transferred from Morgan Stanley Mortgage Capital Inc. to N.A. - Successor By Merger To Wells Fargo Bank. Show Details
    • Release dated 2004-12-16. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2005-04-18. Show Details
    • Initial UCC1 dated 2005-03-08, Secured Party: Nomura Credit & Capital, INC Show Details
    • Declaration (Other Documents) was filed on 2004-09-21. Show Details
    • Zoning Lot Description (Other Documents) was filed on 2004-09-21. Show Details
    • UCC3 Termination dated 2004-03-12, Secured Party: Metropolitan Life Insurance Company, Assignee: Show Details
    • An Assignment of Leases and Rents was filed on 2003-06-11 Show Details
    • A mortgage agreement for $0.00 was filed on 2003-06-11 Show Details
    • A mortgage agreement for $120,000,000.00 was filed on 2003-06-11 Show Details
    • On 2003-06-11 a mortgage on this property was transferred from The Bank Of New York to Morgan Stanley Mortgage Capital Inc.. Show Details
    • On 2003-06-11 a mortgage on this property was transferred from The Bank Of New York to Morgan Stanley Mortgage Capital Inc.. Show Details
    • On 2003-06-11 a mortgage on this property was transferred from The Bank Of New York to Morgan Stanley Mortgage Capital Inc.. Show Details
    • On 2003-06-11 a mortgage on this property was transferred from The Bank Of New York to Morgan Stanley Mortgage Capital Inc.. Show Details
    • On 2003-06-11 a mortgage on this property was transferred from The Bank Of New York to Morgan Stanley Mortgage Capital Inc.. Show Details
    • On 2003-06-11 a mortgage on this property was transferred from The Bank Of New York to Morgan Stanley Mortgage Capital Inc.. Show Details
    • On 2003-06-11 a mortgage on this property was transferred from The Bank Of New York to Morgan Stanley Mortgage Capital Inc.. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2003-07-25. Show Details
    • This property was sold for $0.00 on 2003-06-11. Show Details
    • UCC3 Termination dated 2003-06-30, Secured Party: The Bank Of New York, Assignee: Show Details
    • UCC3 Termination dated 2003-06-30, Secured Party: The Bank Of New York, Assignee: Show Details
    • UCC3 Termination dated 2003-06-30, Secured Party: Metropolitanlife Insurance Co., Assignee: Show Details
    • Initial UCC1 dated 2003-06-30, Secured Party: Morgan Stanley Mortgage Capital Inc. Show Details
    • Initial UCC1 dated 2003-05-02, Secured Party: N.A. Commerce Bank Show Details
    • UCC3 Amendment dated 2003-03-06, Secured Party: Key Bank Show Details
    • Initial UCC1 dated 2002-07-18, Secured Party: Metropolitan Life Insurance Company Show Details
    • A $24,300,000.00 mortgage was taken from Bank Of New York on 2001-01-04. Show Details
    • A $20,000,000.00 mortgage was taken from Bank Of New York on 2000-09-14. Show Details
    • A mortgage agreement for $0.00 was filed on 2000-07-18 Show Details
    • A $20,000,000.00 mortgage was taken from Bank Of New York on 2000-06-02. Show Details
    • A $20,000,000.00 mortgage was taken from Bank Of New York on 2000-04-03. Show Details
    • A $18,518,532.00 mortgage was taken from Bank Of New York on 2000-02-04. Show Details
    • On 1999-07-08 a mortgage on this property was transferred from Bankers Trust Co. to Asagent Bank Of New York. Show Details
    • On 1999-07-08 a mortgage on this property was transferred from Bankers Trust Co. to Asagent Bank Of New York. Show Details
    • On 1999-07-08 a mortgage on this property was transferred from Bankers Trust Co. to Bank Of New York Asagent. Show Details
    • A $2,983,468.00 mortgage was taken from Bankers Trust Company on 1999-07-08. Show Details
    • On 1999-07-08 a mortgage on this property was transferred from Bankers Trust Co. to Bank Of New York. Show Details
    • This property was sold for $0.00 on 1999-06-14. Show Details
    • On 1999-07-08 a mortgage on this property was transferred from Bankers Trust Co. to Bank Of New York Asagent. Show Details
    • A mortgage with Bankers Trust Company was satisfied on 1999-07-08. Show Details
    • On 1999-07-08 a mortgage on this property was transferred from Bankers Trust Co. to Asagent Bank Of New York. Show Details
    • On 1999-07-08 a mortgage on this property was transferred from Bankers Trust Company to Bank Of New York Asagent. Show Details
    • A mortgage with Bankers Trust Company was satisfied on 1999-07-08. Show Details
    • A $31,481,468.00 mortgage was taken from Bank Of New York on 1999-07-08. Show Details
    • A mortgage with Bankers Trust Company was satisfied on 1999-07-08. Show Details
    • An easement was granted on 1999-06-14. Show Details
    • An easement was granted on 1999-06-14. Show Details
    • A $5,700,000.00 mortgage was taken from Bank Of New York on 1999-07-08. Show Details
    • On 1999-07-08 a mortgage on this property was transferred from Bankers Trust Co. to Asagent Bank Of New York. Show Details
    • A Miscellaneous legal document filed on 1999-07-08. Show Details
    • On 1999-07-08 a mortgage on this property was transferred from Bankers Trust Co. to Asagent Bank Of New York. Show Details
    • A Miscellaneous legal document filed on 1999-07-08. Show Details
    • On 1999-07-08 a mortgage on this property was transferred from Bankers Trust Co. to Asagent Bank Of New York. Show Details
    • ... and 55 older documents.

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on July 6, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: River Place I Holdings,Llc, 250 Greenwich Street #38 FL, Ny, NY 10007
    • Managing Agent: Silverstein Properties, Inc, Jerome Resker, 1 River Place, Ny, NY 10036
    • Head Officer: Michael Levy, 250 Greenwich Street #38TH F, New York, NY 10007
    • Site Manager: Flavio Colella,

    Building Tips

    Lot

    Address
    502 12th Ave, 10036
    Square Footage
    110,080
    Lot Type
    Block Assemblage
    Dimensions
    585.5ft x 197.5ft
    BBL
    1010890001

    Neighborhood

    Neighborhood
    Clinton
    Historic District
    N/A
    Community District
    04
    City Council
    3
    Police Precinct
    10
    Fire Company
    E034
    School District
    2
    Census Tract
    117

    Zoning

    Zoning District
    C6-4
    Commercial Overlay
    N/A
    Special Purpose
    C
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    2
    MV Land
    $47,300,000
    MV Total
    $166,656,000
    AV Land
    $21,285,000
    AV Total
    $74,995,200

    Floor Area Ratio

    Built FAR
    8.07

    Residential
    Zoned FAR 10.0
    Max 1,100,800.0 sq. ft.
    Remaining 212,921.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 1,100,800.0 sq. ft.
    Remaining 212,921.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 1,100,800.0 sq. ft.
    Remaining 212,921.0 sq. ft.

    Building

    Category
    Elevator Apartments
    Class
    Elevator Apt; Luxury Type
    Land Use
    Multi-Family Elevator Buildings
    Buildings
    1
    Year Built
    1999
    Alterations
    N/A
    Floors
    40.0
    Residential Units
    921
    Total Units
    927
    Floor Area
    887879
    Basement
    Full Basement Below Grade
    Proximity
    Detached

    Crime

    This property is located in the 10th Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the 10th Precinct saw 1600 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

    Average
    In 2015 the 10th Precinct saw 436 felony violent crimes (Murder, Rape, Robbery and Felony Assault) committed per 100,000 residents**. This is lower 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