517 2nd Ave
Kips Bay
New York, NY, 10016

Built in 1910 this 5,624 sq.ft. building is 61% Residential, 39% Retail and contains 1 residential units and 1 non-residential units.

This property is currently Sold. View Listing

  • SQFT: 5624

Transit

  • 28th St Route 6 7 Minute walk, 0.3 Miles
  • 28th St Route NRoute R 12 Minute walk, 0.6 Miles
  • 34th St Route BRoute DRoute FRoute MRoute NRoute QRoute R 16 Minute walk, 0.8 Miles
  • 28th St Route 1 18 Minute walk, 0.9 Miles
  • 34th St Route 1Route 2Route 3 19 Minute walk, 1.0 Miles
  • Times Square-42nd St Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 25 Minute walk, 1.3 Miles

Schools

  • Elementary School

    • Warning: This property is located near the boundary of it's school zone.
    • P.S. 116 Mary Lindley Murray
      • Grades: PK,0K,01,02,03,04,05,SE
      • Principal: Jane Hsu
      • Phone: 212-685-4366
      • Address: 210 East 33 Street
      • Website: schools.nyc.gov
  • Middle School

    • J.H.S. 104 Simon Baruch
      • Grades: 06,07,08,SE
      • Principal: Rocco Macri
      • Phone: 212-674-4545
      • Address: 330 East 21 Street
      • Website: schools.nyc.gov
  • High School

    • Citywide High School Choice

Units at this Address

PriceUnitLast UpdateStatusPublic Records
2Off Market0
3Off Market0
1Off Market0

Public Records

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  • On 2014-07-30 a mortgage on this property was transferred from Flushing Bank to Flushing Preferred Funding Corp. Show Details
  • Rana Associates, LLC Satisfied their Mortgage with U.S. Bank National Association on 2014-08-06. Show Details
  • Initial UCC1 dated 2014-05-30, Debtor: Gramercy Enterprise, LLC, Secured Party: Flushing Bank, Assignee: Show Details
  • An Assignment of Leases and Rents was granted to Gramercy Enterprise, LLC by Flushing Bank or 2014-05-20 Show Details
  • Gramercy Enterprise, LLC took a mortgage for $3,000,000.00 from Flushing Bank on 2014-05-20. Show Details
  • Rana Associates, LLC sold this property to Gramercy Enterprise, LLC for $5,100,000.00 on 2014-05-20. Show Details
  • On 2010-09-20 a mortgage on this property was transferred from Fdic Rcvr For Park National Bank Oak Park to Us Bank National Association. Show Details
  • On 2009-06-14 a mortgage on this property was transferred from Inc. Greenpoint Mortgage Funding to Park National Bank. Show Details
  • Roya Rejai & Farshad Rajaei & Fahimeh Rajaei & Sheryin Naderipour Satisfied their Mortgage with Greenpoint Mortgage Funding, INC on 2007-07-02. Show Details
  • Termination Of Assign Of L&R (Other Documents) was filed on 2007-08-09. Parties: Roya Rejai & Farshad Rajaei & Fahimeh Rajaei & Sheryin Naderipour, Greenpoint Mortgage Funding, INC Show Details
  • An Assignment of Leases and Rents was granted to Rana Associates, LLC by Inc. Greenpoint Mortgage Funding or 2007-06-07 Show Details
  • Mortgage Agreement for $1,496,000.00 dated 2007-06-07 between Rana Associates, LLC and Inc. Greenpoint Mortgage Funding Show Details
  • Rana Associates, LLC took a mortgage for $766,655.06 from Inc. Greenpoint Mortgage Funding on 2007-06-07. Show Details
  • Roya Rejai & Farshad Rajaei & Fahimeh Rajaei & Shervin Naderipour sold this property to Rana Associates, LLC for $0.00 on 2007-06-07. Show Details
  • An Assignment of Leases and Rents was granted to Roya Rejai & Farshad Rajaei & Fahimeh Rajaei & Sheryin Naderipour & Inc. Greenpoint Mortgage Funding by Inc. Greenpoint Mortgage Funding or 2002-10-09 Show Details
  • Mortgage Agreement for $0.00 dated 2002-10-09 between Roya Rejai & Farshad Rajaei & Fahimeh Rajaei & Sheryin Naderipour & Inc. Greenpoint Mortgage Funding and Inc. Greenpoint Mortgage Funding Show Details
  • Roya Rejai & Farshad Rajaei & Fahimeh Rajaei & Sheryin Naderipour took a mortgage for $229,038.12 from Inc. Greenpoint Mortgage Funding on 2002-10-09. Show Details
  • Shervin Naderipour & Farshad Rajaei & Fahimeh Rajaei & Roya Rejai took a mortgage for $900,000.00 from Inc. Greenpoint Mortgagefunding on 2000-03-29. Show Details
  • On 2000-03-29 a mortgage on this property was transferred from Shervin Naderipour & Farshad Rajaei & Fahimeh Rajaei & Roya Rejai to Inc. Greenpoint Mortgagefunding. Show Details
  • Continental Antiquescorp. sold this property to Shervin Naderipour & Farshad Rajaei & Fahimeh Rajaei & Roya Rejai for $0.00 on 2000-03-22. Show Details
  • On 1967-11-03 a mortgage on this property was transferred from Gragio Associates to M.P.J Associates Inc. Show Details
  • On 1967-05-23 a mortgage on this property was transferred from Guerra Anna to Gragio Associates. Show Details

Listing History

HPD Registration

This building was last registered at the Department of Housing Preservation and Development on Sept. 9, 2016 and the registration expires Sept. 1, 2017.

  • Corporate Owner: Gramercy Enterprise Llc, 143-08 Roosevelt Avenue #L3, Flushing, NY 11354
  • Managing Agent: Kaled Management Corp., Jordan Platt, 143-08 Roosevelt Avenue #L3, Flushing, NY 11354
  • Head Officer: Peter Lehr, 143-08 Roosevelt Avenue #L3, Flushing, NY 11354
  • Officer: Edward Kalikow, 143-08 Roosevelt Ave #L3, Flushing, NY 11354
  • Site Manager: Joe Rrukaj,

Building Tips

Lot

Address
517 2nd Ave, 10016
Square Footage
2,225
Lot Type
Inside
Dimensions
24.67ft x 95.0ft
BBL
1009090033

Neighborhood

Neighborhood
Kips Bay
Historic District
N/A
Community District
06
City Council
2
Police Precinct
13
Fire Company
E016
School District
2
Census Tract
66

Zoning

Zoning District
C1-8A
Commercial Overlay
N/A
Special Purpose
N/A
Limited Height
N/A
Landmark
N/A

Assessment

Tax Class
1
MV Land
$4,580,000
MV Total
$6,179,000
AV Land
$153,699
AV Total
$207,360

Floor Area Ratio

Built FAR
2.53

Residential
Zoned FAR 7.52
Max 16,732.0 sq. ft.
Remaining 11,108.0 sq. ft.

Commercial
Zoned FAR 2.0
Max 4,450.0 sq. ft.
Remaining -1,174.0 sq. ft.

Facility
Zoned FAR 7.5
Max 16,687.5 sq. ft.
Remaining 11,063.5 sq. ft.

Building

Category
Residence - Multiple Use
Class
Primarily 1 Family With 1 Store Or Office
Land Use
Mixed Residential & Commercial Buildings
Buildings
1
Year Built
1910
Alterations
N/A
Floors
4.0
Residential Units
1
Total Units
2
Floor Area
5624
Basement
Full Basement Below Grade
Proximity
Attached

Crime

This property is located in the 13th Precinct of Manhattan.

Property Crime

Very high
In 2015 the 13th Precinct saw 1756 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

Low
In 2015 the 13th Precinct saw 390 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