53 E 54th St
Midtown
New York, NY, 10022

Built in 1981 this 444,293 sq.ft. building is 98% Office Space, 2% Retail and contains 0 residential units and 37 non-residential units.

This property is currently Off Market.

    Transit

    • 5th Av-53rd St Route ERoute M 2 Minute walk, 0.1 Miles
    • Lexington Av-53rd St Route ERoute MRoute 6 5 Minute walk, 0.2 Miles
    • 57th St Route F 8 Minute walk, 0.4 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute M 10 Minute walk, 0.5 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute MRoute 7 11 Minute walk, 0.6 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 13 Minute walk, 0.7 Miles
    • 59th St Route ARoute BRoute CRoute DRoute 1 15 Minute walk, 0.8 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 20 Minute walk, 1.0 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 21 Minute walk, 1.1 Miles

    Schools

    • Elementary School

      • P.S. 059 Beekman Hill International
        • Grades: 0K,01,02,03,04,05,SE
        • Principal: Adele Schroeter
        • Phone: 212-888-7870
        • Address: 231-249 East 56 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

    Public Records

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    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2015-03-24. Parties: Madison Tower Associates Limited Partnership, Northwestern Mutual Life Insurance Company Show Details
    • Ursamine Credit Advisors, LLC sold this property to Madison Tower Associates Limited Partnership for $250,000.00 on 2014-09-03. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2012-01-09. Parties: Madison Tower Associates Limited Partnership, The Northwestern Mutual Life Insurance Company Show Details
    • Ucc 5 Correction Statement (Ucc And Federal Liens) was filed on 2012-01-09. Parties: Madison Tower Associates Limited Partnership, The Northwestern Mutual Life Insurance Company Show Details
    • Mortgage Agreement for $0.00 dated 2011-10-05 between Madison Tower Associates Limited Partnership & Pacific Global Advisors LLC and The Northwestern Mutual Life Insurance Company Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2010-03-11. Parties: Madison Tower Associates Limited Partnership, The Northwestern Mutual Life Insurance Company Show Details
    • A Miscellaneous legal document filed on 2009-04-28. Parties: Madison Tower Associates Limited Partnership Show Details
    • Inc. Gscp & Gscp, LLC sold this property to Madison Tower Associates Limited Partnership & Madison Tower Corp. for $0.00 on 2008-03-31. Show Details
    • Mortgage Agreement for $0.00 dated 2008-03-27 between The Northwestern Mutual Life Insurance Company and Madison Tower Associates Limited Partnership & Monarch Alternative Capital Lp Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2008-01-25. Parties: Madison Tower Associates Limited Partnership, The Northwestern Mutual Life Insurance Co. Show Details
    • Initial UCC1 dated 2007-02-26, Debtor: Madison Tower Associates Limited Partnership, Secured Party: The Northwestern Mutual Life Insurance Company, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Madison Tower Associates Limited Partnership by The Northwestern Mutual Life Insurance Company or 2007-01-24 Show Details
    • Madison Tower Associates Limited Partnership took a mortgage for $45,000,000.00 from The Northwestern Mutual Life Insurance Company on 2007-01-24. Show Details
    • An Assignment of Leases and Rents was granted to Madison Tower Associates Limited Partnership by The Northwestern Mutual Life Insurance Company or 2007-01-24 Show Details
    • Madison Tower Associates Limited Partnership took a mortgage for $30,000,000.00 from The Northwestern Mutual Life Insurance Company on 2007-01-24. Show Details
    • Mortgage Agreement for $95,000,000.00 dated 2007-01-24 between Madison Tower Associates Limited Partnership and The Northwestern Mutual Life Insurance Company Show Details
    • An Assignment of Leases and Rents was granted to Madison Tower Associates Limited Partnership by The Northwestern Mutual Life Insurance Company or 2007-01-24 Show Details
    • Shareholders Of Mci Inc & Mci, Inc, On Behalf Of Its Former Shareholders sold this property to Eli Acquisition LLC for $15,792,259.42 on 2006-01-06. Show Details
    • Initial UCC1 dated 2005-08-01, Debtor: Madison Tower Associates Limited Partnership, Secured Party: The Northwestern Mutual Life Insurance Company, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 2005-06-28 between Inc. Charterhouse Group and The Northwestern Mutual Life Insurance Company Show Details
    • Mortgage Agreement for $95,000,000.00 dated 2005-05-27 between Madison Tower Associates Limited Partnership. and The Northwestern Mutual Life Insurance Company Show Details
    • An Assignment of Leases and Rents was granted to The Northwestern Mutual Life Insurance Company by Madison Tower Associates Limited Partnership. or 2005-05-27 Show Details
    • Madison Tower Associates Limited Partnership. took a mortgage for $30,000,000.00 from The Northwestern Mutual Life Insurance Company on 2005-05-27. Show Details
    • Mortgage Agreement for $0.00 dated 2003-02-27 between Madison Tower Associates L.P. (''Borrower'') and The Northwestern Mutual Life Insurance Co.(Lender) Show Details
    • Mortgage Agreement for $0.00 dated 2003-02-27 between Madison Tower Associates L.P. (''Borrower'') & Ubs Warburg LLC (Tenant) and The Northwestern Mutual Life Insurance Co.(Lender) Show Details
    • Mortgage Agreement for $0.00 dated 2002-12-31 between Madison Tower Associates L.P. (Borrower) & (Tenant) Gannett Co. Inc and The Northwestern Mutual Life Insurance Co.(Lender) Show Details
    • An Assignment of Leases and Rents was granted to Madison Tower Associates Limited Partnership by The Northwestern Mutual Life Insurance Company or 2003-02-27 Show Details
    • Madison Tower Associates Limited Partnership took a mortgage for $6,735,398.13 from The Northwestern Mutual Life Insurance Company on 2003-02-27. Show Details
    • On 2003-02-21 a mortgage on this property was transferred from Aetna Life Insurance Company Company to The Northwestern Mutual Life Insurance Company. Show Details
    • Initial UCC1 dated 2003-03-19, Debtor: Madison Tower Associates Limited Partnership, Secured Party: The Northwestern Mutual Life Insurance Co., Assignee: Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2001-08-07. Parties: Madison Tower Associates Limited Partnership, Aetna Life Insurancecompany Show Details
    • Mortgage Agreement for $0.00 dated 2001-01-19 between Madison Tower Associates Limited Partnership and Aetna Life Insurancecompany Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1998-09-30. Parties: Madison Tower Associates, Aetna Life Insurancecompany Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1998-09-30. Parties: Madison Tower Associates, Aetna Life Insurancecompany Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1998-09-30. Parties: Madison Tower Associates, Aetna Life Insurancecompany Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1998-09-30. Parties: 535 Madison Avenue Associates & Madison Towers Associates, Aetna Life Insurancecompany Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1998-09-16. Parties: 535 Madison Avenue Associates & Madison Towers Associates, Aetna Life Insurancecompany Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1998-09-16. Parties: Madison Tower Associates, Aetna Life Insurancecompany Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1998-09-16. Parties: Madison Tower Associates, Aetna Life Insurancecompany Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1998-09-16. Parties: Madison Tower Associates, Aetna Life Insurancecompany Show Details
    • Mortgage Agreement for $0.00 dated 1997-09-19 between Inc. Bp America and Aetna Life Insurancecompany Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 1997-05-30. Parties: Aetna Life Insurancecompany, New York City Industrial Development Agency Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 1997-05-28. Parties: Ltd. Madison Tower Associates, 535 Madison Avenue Condo. Show Details
    • Mortgage Agreement for $0.00 dated 1997-02-27 between Tiedemann Investmentgroup and Aetna Life Insurancecompany Show Details
    • Mortgage Agreement for $0.00 dated 1997-02-07 between Aetna Life Insurancecompany and New York City Industrial Development Agency Show Details
    • Declaration (Other Documents) was filed on 1997-01-02. Parties: Ltd. Madison Tower Associates Show Details
    • Maps filed 1997-01-02 Show Details
    • Madison Tower Associates L.P. granted an easement to L.P. Madison And 54Th Street Associates on 1996-09-01. Show Details
    • Declaration (Other Documents) was filed on 1996-09-24. Parties: Madison Tower Associates Limited Partnership Show Details
    • A Miscellaneous legal document filed on 1996-09-24. Parties: 535 Madison L.L.C. Show Details
    • 235 Madison Avenue Assocates L.P. & Madison Tower Associates Limited Partnership & 535 Madison Avenue Associates & Madison Tower Associates & 535 Madison Avenue Associates L.P. & 535 Madson Avenue Associates L.P. Satisfied their Mortgage with Swiss Bank Corporation on 1996-09-24. Show Details
    • Mortgage Agreement for $0.00 dated 1996-09-24 between Madison Tower Associates Limited Partnership and Aetna Life Insurancecompany Show Details
    • L.P. 535 Madison Avenue Associates sold this property to Madison Tower Associates L.P. for $0.00 on 1996-09-01. Show Details
    • Initial UCC1 dated 1996-09-16, Debtor: Madison Tower Associates Limited Partnership, Secured Party: Aetna Life Insurancecompany, Assignee: Show Details
    • UCC3 Termination dated 1996-09-16, Debtor: Madison Tower Associates Limited Partnership, Secured Party: 535 Madison L.L.C., Assignee: Show Details
    • UCC3 Termination dated 1996-09-16, Debtor: 535 Madison Avenue Associates L.P., Secured Party: 535 Madison L.L.C., Assignee: Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1996-09-12. Parties: Madison Tower Associates Limited Partnership, Swiss Bank Corporation, 535 Madison L.L.C. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1996-09-12. Parties: 535 Madison Avenue Associates L.P., Swiss Bank Corporation, 535 Madison L.L.C. Show Details
    • On 1996-09-03 a mortgage on this property was transferred from Swiss Bank Corporation to 535 Madison L.L.C.. Show Details
    • On 1996-09-03 a mortgage on this property was transferred from Swiss Bank Corporation to 535 Madison L.L.C.. Show Details
    • Inc. Gannett Co. leased this property from Madison Tower Associates L.P. & Madison Tower Associates on 1996-01-01 Show Details
    • Mortgage Agreement for $0.00 dated 1996-08-02 between Inc. Gannett Co. and Swiss Bank Corporation Show Details
    • A Miscellaneous legal document filed on 1996-06-28. Parties: Madison & 54Th Street Associates L.P. Show Details
    • Mortgage Agreement for $0.00 dated 1996-05-09 between L.P. 535 Madison Avenue Associates and Gannett Co. Inc. Show Details
    • Mortgage Agreement for $0.00 dated 1996-05-09 between Madison Tower Associates L.P. & Gannett Co. Inc. and Aetna Life Insuranceco. Show Details
    • Mortgage Agreement for $0.00 dated 1996-04-11 between Dillon, Read & Co.,Inc. and L.P. 535 Madison Avenue Associates Show Details
    • Mortgage Agreement for $0.00 dated 1996-04-11 between Dillon, Read & Co.,Inc. and Madison Tower Associates Limited Partnership & Aetna Life Insurancecompany Show Details
    • Mortgage Agreement for $0.00 dated 1996-04-11 between Dillon, Read & Co.,Inc. and Swiss Bank Corporation Show Details
    • Madison Tower Associates Limited Partnership leased this property from Inc. Dillon Read & Co. on 1996-01-01 Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1995-10-23. Parties: 535 Madison Avenue Associates & Madison Tower Associates, Etna Life Insurancecompany Show Details
    • UCC3 Amendment dated 1994-10-20, Debtor: Madison Tower Associates Limited Partnership, Secured Party: Swiss Bank Corporation, Assignee: Show Details
    • UCC3 Amendment dated 1994-10-20, Debtor: 535 Madison Avenue Associates L.P., Secured Party: Swiss Bank Corporation, Assignee: Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1993-10-15. Parties: Madison Tower Associates, Aetna Life Insurancecompany Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1993-10-15. Parties: Madison Tower Associates, Aetna Life Insurancecompany Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1993-10-15. Parties: Madison Tower Associates, Aetna Life Insurancecompany Show Details
    • 535 Madison Ave Assoc granted an easement to Madison &54 St Assoclp on 1993-08-16. Show Details
    • 535 Madison Ave Assocs & Madison Tower Assocs granted an easement to Madison & 54Th St Assocs on 1993-08-16. Show Details
    • Madison & 54Th St Assocs granted an easement to 535 Madison Ave Assocs & Madison Twr Assocs on 1993-08-16. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1993-08-03. Parties: 535 Madison Avenue Associates & Madison Towers Associates, Aetna Life Insurancecompany Show Details
    • UCC3 Amendment dated 1993-04-16, Debtor: Inc. Charterhouse Group International, Secured Party: Inc. Cit Group/Equipmentfinancing, Assignee: Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1992-07-24. Parties: Madison Tower Assoc.C/O Kaye Scholer & Hays And Handler, Aetna Life Inshurance Company Show Details
    • Initial UCC1 dated 1992-07-17, Debtor: 535 Madison Avenue Associates, Secured Party: Swiss Bank Corporation, Assignee: Show Details
    • Initial UCC1 dated 1992-07-17, Debtor: Madison Tower Associates, Secured Party: Swiss Bank Corporation, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1992-07-08 between Swiss Bank Corporation and Morrell & Co. Wine Etc Show Details
    • Mortgage Agreement for $0.00 dated 1992-07-08 between Swiss Bank Corporation and Dillon, Read, Co., Inc. Show Details
    • Mortgage Agreement for $0.00 dated 1992-07-08 between Swiss Bank Corporation and Read & Co Inc Dillon Show Details
    • On 1992-07-08 a mortgage on this property was transferred from 515 Madison Ave Assoc & Madison Tower Associates to Swiss Bank Corp. Show Details
    • 535 Madison Ave Assoc & Madison Tower Associates took a mortgage for $40,000,000.00 from Swiss Bank Corp on 1992-07-07. Show Details
    • Mortgage Agreement for $0.00 dated 1992-07-07 between Madison Tower Assoc and Madison Tower Associates Show Details
    • Street Procedure (Other Documents) was filed on 1991-08-08. Parties: Madison Tower Associates Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1991-02-19. Parties: 535 Madison Avenue Associates & Madison Tower Associates, Etna Life Insurancecompany Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1991-02-19. Parties: 535 Madison Ave Assoc & Madison Tower Assoc, Aetnalifeins Co Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1990-08-07. Parties: Secondary Mtge Resurinc, New England Capitalcorp Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1990-08-07. Parties: Secondary Mortgage Resources, INC, New England Capitalcorp Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1989-07-17. Parties: Charterhouse Group Int''L, Manufacturers Hanover Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1989-07-17. Parties: Inc. Charterhouse Group International, Manufacturers Hanover Leasing Corp, Inc. Cit Group/Equipmentfinancing Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1989-07-17. Parties: Inc. Charterhouse Group International, Manufacturers Hanover Leasing Corp Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1989-07-17. Parties: Charterhouse Group Int'L, Manufacturers Hanover Show Details
    • Initial UCC1 dated 1988-12-16, Debtor: Madison Tower Associates, Secured Party: Aetna Life Insurancecompany, Assignee: Show Details
    • Initial UCC1 dated 1988-12-16, Debtor: Madison Tower Associates, Secured Party: Aetna Life Insurancecompany, Assignee: Show Details
    • ... and 99 older documents.

    Lot

    Address
    53 E 54th St, 10022
    Square Footage
    16,972
    Lot Type
    Dimensions
    100.5ft x 144.0ft
    BBL
    1012900021

    Neighborhood

    Neighborhood
    Midtown
    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    18
    Fire Company
    E008
    School District
    2
    Census Tract
    102

    Zoning

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

    Assessment

    Tax Class
    4
    MV Land
    $43,100,000
    MV Total
    $249,157,000
    AV Land
    $19,395,000
    AV Total
    $112,120,650

    Floor Area Ratio

    Built FAR
    26.18

    Residential
    Zoned FAR 10.0
    Max 169,720.0 sq. ft.
    Remaining -274,573.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 254,580.0 sq. ft.
    Remaining -189,713.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 254,580.0 sq. ft.
    Remaining -189,713.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Tower Type
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1981
    Alterations
    N/A
    Floors
    36.0
    Residential Units
    0
    Total Units
    37
    Floor Area
    444293
    Basement
    Unknown
    Proximity
    Unknown

    Crime

    This property is located in the Midtown North Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the Midtown North Precinct saw 3618 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

    High
    In 2015 the Midtown North Precinct saw 603 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