516 8th Ave
Midtown South
New York, NY, 10018

Built in 1931 this 7,500 sq.ft. building is 73% Storage, 27% Retail and contains 0 residential units and 8 non-residential units.

This property is currently Off Market.

    Transit

    • 34th St Route ARoute CRoute E 1 Minute walk, 0.1 Miles
    • 42nd St Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 4 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, 0.5 Miles
    • 33rd St Route 6 16 Minute walk, 0.8 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 18 Minute walk, 0.9 Miles
    • 14th St Route ARoute CRoute ERoute L 20 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, Secured Party: N.A. Citibank Show Details
    • An Assignment of Leases and Rents was filed on 2016-12-14 Show Details
    • A mortgage agreement for $20,000,000.00 was filed on 2016-12-14 Show Details
    • A $1,416,666.64 mortgage was taken from N.A. Citibank on 2016-12-14. Show Details
    • On 2016-12-14 a mortgage on this property was transferred from N.A. Bank Of America to N.A. Citibank. Show Details
    • On 2016-12-14 a mortgage on this property was transferred from N.A. Bank Of America to N.A. Citibank. Show Details
    • A $3,750,000.00 mortgage was taken from N.A. Bank Of America on 2016-03-30. Show Details
    • A $15,000,000.00 mortgage was taken from N.A. Bank Of America on 2016-03-30. Show Details
    • This property was sold for $25,000,000.00 on 2016-03-30. Show Details
    • UCC3 Termination dated 2015-11-24, Secured Party: Approved Oil Co, Assignee: Show Details
    • Initial UCC1 dated 2014-04-22, Secured Party: Approved Oil Co Show Details
    • Correct Index/Deed-Office Use (Deeds And Other Conveyances) was filed on 2008-10-20. Show Details
    • A mortgage with Morgan Guranty Trustcompany Of New York was satisfied on 1998-09-02. Show Details
    • This property was sold for $0.00 on 1977-01-20. Show Details
    • This property was sold for $0.00 on 1977-01-03. Show Details
    • On 1973-05-11 a mortgage on this property was transferred from Alice G Miller to Alice G Miller & Leonard Miller. Show Details
    • A $0.00 mortgage was taken from Rio Equities Inc on 1971-03-23. Show Details
    • This property was sold for $0.00 on 1971-03-23. Show Details
    • A mortgage agreement for $0.00 was filed on 1968-03-01 Show Details
    • On 1968-01-19 a mortgage on this property was transferred from Kmp Realty Corp to Alice G Miller. Show Details
    • A $0.00 mortgage was taken from Kmp Realty Corp on 1967-10-17. Show Details
    • This property was sold for $0.00 on 1967-10-17. Show Details

    Lot

    Address
    516 8th Ave, 10018
    Square Footage
    2,500
    Lot Type
    Corner
    Dimensions
    25.0ft x 100.0ft
    BBL
    1007850082

    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
    $500,000
    MV Total
    $1,616,000
    AV Land
    $225,000
    AV Total
    $727,200

    Floor Area Ratio

    Built FAR
    3.0

    Residential
    Zoned FAR 0.0
    Max 0.0 sq. ft.
    Remaining -7,500.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 25,000.0 sq. ft.
    Remaining 17,500.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 25,000.0 sq. ft.
    Remaining 17,500.0 sq. ft.

    Building

    Category
    Loft Buildings
    Class
    Loft; With Retail Stores Other Than Type One
    Land Use
    Industrial & Manufacturing Buildings
    Buildings
    1
    Year Built
    1931
    Alterations
    N/A
    Floors
    3.0
    Residential Units
    0
    Total Units
    8
    Floor Area
    7500
    Basement
    Full Basement Below Grade
    Proximity
    Semi-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