521 7th Ave
Midtown South
New York, NY, 10018

Built in 1925 this 411,074 sq.ft. building is 91% Office Space, 4% Retail, 5% Other and contains 0 residential units and 70 non-residential units.

This property is currently Off Market.

    Transit

    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 2 Minute walk, 0.1 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 13 Minute walk, 0.7 Miles
    • 42nd St Route BRoute DRoute FRoute MRoute 7 5 Minute walk, 0.2 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 6 Minute walk, 0.3 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
    707Off Market1

    Public Records

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    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2016-02-03. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2016-02-03. Show Details
    • On 2015-12-18 a mortgage on this property was transferred from Ubs Real Estate Securities Inc. to Wells Fargo Bank, National Association, As Trustee. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2015-10-19. Show Details
    • Initial UCC1 dated 2015-10-19, Secured Party: Ubs Real Estate Securities Inc. Show Details
    • An Assignment of Leases and Rents was filed on 2015-10-09 Show Details
    • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2015-10-19. Show Details
    • On 2015-10-09 a mortgage on this property was transferred from National Association Wells Fargo Bank to Ubs Real Estate Securities Inc.. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2011-08-29. Show Details
    • This property was sold for $73,123,490.50 on 2010-04-09. Show Details
    • Initial UCC1 dated 2007-11-16, Secured Party: Nicholas G Petras Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2007-04-25. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2007-04-25. Show Details
    • On 2007-02-28 a mortgage on this property was transferred from Morgan Stanley Mortgage Capital Inc. to Wells Fargo Bank, N.A., As Trustee. Show Details
    • UCC3 Termination dated 2007-02-12, Secured Party: F/K/A Ausa Life Insurance Company Inc & Transamerica Finanical Life Insurance Company, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-02-12. Show Details
    • Initial UCC1 dated 2007-02-12, Secured Party: Morgan Stanley Mortgage Capital Inc Show Details
    • An Assignment of Leases and Rents was filed on 2007-01-18 Show Details
    • A mortgage agreement for $172,000,000.00 was filed on 2007-01-18 Show Details
    • A $101,039,387.96 mortgage was taken from Morgan Stanley Mortgage Capital Inc on 2007-01-18. Show Details
    • On 2007-01-18 a mortgage on this property was transferred from F/K/A Ausa Life Insurance Company, INC & Transamerica Financial Life Insurance Company to Morgan Stanley Mortgage Capital, INC. Show Details
    • This property was sold for $0.00 on 2007-01-18. Show Details
    • This property was sold for $48,808,700.00 on 2006-01-18. Show Details
    • This property was sold for $60,125,388.00 on 2007-01-18. Show Details
    • UCC3 Amendment dated 2003-07-11, Secured Party: Inc. Ausa Life Insurance Company Show Details
    • Initial Coop UCC1 dated 2003-02-13, Secured Party: Chinatrust Bank (U.S.A.) Show Details
    • Initial UCC1 dated 2002-11-07, Secured Party: Inc. Ausa Life Insurancecompany Show Details
    • On 2002-10-17 a mortgage on this property was transferred from 525 Building Co, LLC to Inc. Ausa Life Insurancecompany. Show Details
    • On 2002-10-17 a mortgage on this property was transferred from Bank Of New York to Ausa Life Insurancecompany. Show Details
    • On 2002-10-17 a mortgage on this property was transferred from Bank Of New York to Ausa Life Insurancecompany. Show Details
    • On 2002-10-17 a mortgage on this property was transferred from Bank Of New York to Ausa Life Insurancecompany. Show Details
    • A Miscellaneous legal document filed on 2002-10-17. Show Details
    • A mortgage agreement for $0.00 was filed on 2002-10-17 Show Details
    • A $37,000,000.00 mortgage was taken from Inc. Ausa Life Insurancecompany on 2002-10-17. Show Details
    • UCC3 Termination dated 2002-09-18, Secured Party: Asagent The Bank Of New York, Assignee: Show Details
    • UCC3 Termination dated 2002-09-18, Secured Party: Asagent The Bank Of New York, Assignee: Show Details
    • UCC3 Termination dated 2002-09-18, Secured Party: Asagent The Bank Of New York, Assignee: Show Details
    • Initial UCC1 dated 1998-01-02, Secured Party: Asagent The Bank Of New York Show Details
    • Initial UCC1 dated 1998-01-02, Secured Party: Asagent The Bank Of New York Show Details
    • Initial UCC1 dated 1998-01-02, Secured Party: Asagent The Bank Of New York Show Details
    • A $2,000,000.00 mortgage was taken from Bank Of New York on 1997-12-24. Show Details
    • A $6,000,000.00 mortgage was taken from Bank Of New York on 1997-12-24. Show Details
    • On 1997-12-24 a mortgage on this property was transferred from Llc. 525 Building Co. to Bank Of New York. Show Details
    • A $30,000,000.00 mortgage was taken from Bank Of New York on 1997-12-24. Show Details
    • This property was sold for $0.00 on 1997-12-12. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1989-03-01. Show Details
    • This property was sold for $0.00 on 1986-12-30. Show Details
    • A mortgage with Franklin Svgs Bank N.Y. was satisfied on 1986-12-31. Show Details
    • This property was sold for $0.00 on 1986-12-30. Show Details
    • On 1985-12-04 a mortgage on this property was transferred from American Savings Bank to Fashion Center Svc Corp. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1985-08-23. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1983-04-27. Show Details
    • On 1980-12-15 a mortgage on this property was transferred from Fashion Center Bldgcorp to Franklin Svngs Bnk Ny. Show Details
    • A mortgage agreement for $0.00 was filed on 1980-12-15 Show Details
    • A $0.00 mortgage was taken from Franklin Svngs Bnk Ny on 1980-11-14. Show Details
    • On 1980-08-07 a mortgage on this property was transferred from Fashion Center Bldgcorp to Franklin Svngs Bnk Ny. Show Details
    • A $0.00 mortgage was taken from Franklin Svngs Bnk Ny on 1980-08-07. Show Details

    Lot

    Address
    521 7th Ave, 10018
    Square Footage
    19,750
    Lot Type
    Corner
    Dimensions
    98.75ft x 200.0ft
    BBL
    1008140001

    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
    113

    Zoning

    Zoning District
    C5-3
    Commercial Overlay
    N/A
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $46,200,000
    MV Total
    $126,030,000
    AV Land
    $20,790,000
    AV Total
    $56,713,500

    Floor Area Ratio

    Built FAR
    20.81

    Residential
    Zoned FAR 10.0
    Max 197,500.0 sq. ft.
    Remaining -213,574.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 296,250.0 sq. ft.
    Remaining -114,824.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 296,250.0 sq. ft.
    Remaining -114,824.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Tower Type
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1925
    Alterations
    N/A
    Floors
    22.0
    Residential Units
    0
    Total Units
    70
    Floor Area
    411074
    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