505 8th Ave
Clinton
New York, NY, 10018

Built in 1930 this 266,912 sq.ft. building is 96% Office Space, 4% Retail and contains 0 residential units and 59 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, 0.3 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 12 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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    • Termination Of Assign Of L&R (Other Documents) was filed on 2011-03-07. Parties: F/K/A The Bank Of New York & The Bank Of New York Mellon Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2011-03-07. Parties: F/K/A The Bank Of New York & The Bank Of New York Mellon, 505 Eighth Corp. Show Details
    • 505 Eighth Corp. Satisfied their Mortgage with F/K/A The Bank Of New York & The Bank Of New York Mellon on 2010-02-15. Show Details
    • 505 Eighth Corp. Satisfied their Mortgage with F/K/A The Bank Of New York & The Bank Of New York Mellon on 2011-02-15. Show Details
    • UCC3 Termination dated 2011-03-04, Debtor: 505 Eighth Corp, Secured Party: Bank Of New York, Assignee: Show Details
    • UCC3 Termination dated 2011-03-04, Debtor: 505 Eighth Corp, Secured Party: Bank Of New York, Assignee: Show Details
    • Duane Reade Shareholders LLC sold this property to Walgreen Co for $73,123,490.50 on 2010-04-09. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2008-10-30. Parties: 505 Eighth Corp C/O Newmark & Company, The Bank Of New York One Wall Street & The Bank Of New York Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2008-10-30. Parties: 505 Eighth Corp., The Bank Of New York Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2004-04-20. Parties: 505 Eighth Corp C/O Newmark & Company, The Bank Of New York Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2004-02-03. Parties: 505 Eighth Corp., The Bank Of New York Show Details
    • Initial UCC1 dated 1999-03-12, Debtor: 505 Eighth Corp, Secured Party: Bank Of New York, Assignee: Show Details
    • Initial UCC1 dated 1999-03-12, Debtor: 505 Eighth Corp, Secured Party: Bank Of New York, Assignee: Show Details
    • On 1999-02-03 a mortgage on this property was transferred from Ocwen Federal Bank FSB to Bank Of New York. Show Details
    • 505 Eighth Corp. took a mortgage for $3,820,000.00 from Bank Of New York on 1999-01-26. Show Details
    • On 1999-01-26 a mortgage on this property was transferred from 505 Eighth Corp. to Bank Of New York. Show Details
    • On 1999-01-26 a mortgage on this property was transferred from 505 Eighth Corp. to Bank Of New York. Show Details
    • On 1999-01-26 a mortgage on this property was transferred from Ocwen Federal Bank FSB to Bank Of New York. Show Details
    • On 1997-09-24 a mortgage on this property was transferred from Fleet Bank to Ocwen Federal Bank. Show Details
    • On 1997-09-24 a mortgage on this property was transferred from Fleet Bank to Ocwen Federal Bank. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1997-09-17. Parties: 505 Eighth Corp., National Westminsterbank Usa, Fsb Ocwen Federal Bank Show Details
    • Declaration (Other Documents) was filed on 1993-11-17. Parties: 505 Eighth Corp. & Goldie-Anna Charitable T Show Details
    • On 1993-03-30 a mortgage on this property was transferred from 505 Eighth Corp to National Wstmnstr Bkusa. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 1993-03-29. Parties: 505 Eighth Corp, National Westminsterbk Show Details
    • On 1993-03-29 a mortgage on this property was transferred from Goldie-Anna Etc to National Wstmnstr Bkusa. Show Details
    • Initial UCC1 dated 1993-03-23, Debtor: 505 Eighth Corp., Secured Party: National Westminsterbank Usa, Assignee: Show Details
    • 505 Eighth Corp took a mortgage for $4,500,000.00 from Goldie-Anna Chartbletr on 1988-12-15. Show Details
    • A Miscellaneous legal document filed on 1988-06-02. Parties: 505 Eighth Corp Show Details
    • On 1984-05-29 a mortgage on this property was transferred from 505 Eighth Ave Corp. to 505 Eighth Corp.. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1984-03-01. Parties: Criterion Casting Co. & Paul Hoffner & David Officers Hoffner & Arthur V.P. Klein Show Details
    • Mortgage Agreement for $0.00 dated 1971-08-31 between Libshap Realty Corp and 505 Eighth Ave Corp Show Details

    Lot

    Address
    505 8th Ave, 10018
    Square Footage
    11,275
    Lot Type
    Corner
    Dimensions
    78.75ft x 130.5ft
    BBL
    1007590037

    Neighborhood

    Neighborhood
    Clinton
    Historic District
    N/A
    Community District
    04
    City Council
    3
    Police Precinct
    14
    Fire Company
    L021
    School District
    2
    Census Tract
    111

    Zoning

    Zoning District
    M1-6
    Commercial Overlay
    N/A
    Split Zoning
    Yes
    Special Purpose
    G
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $5,820,000
    MV Total
    $43,661,000
    AV Land
    $2,619,000
    AV Total
    $19,647,450

    Floor Area Ratio

    Built FAR
    23.67

    Residential
    Zoned FAR 0.0
    Max 0.0 sq. ft.
    Remaining -266,912.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 112,750.0 sq. ft.
    Remaining -154,162.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 112,750.0 sq. ft.
    Remaining -154,162.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Tower Type
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1930
    Alterations
    N/A
    Floors
    25.0
    Residential Units
    0
    Total Units
    59
    Floor Area
    266912
    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