542 E 5th St
East Village
New York, NY, 10009

Built in 1970 this 71,334 sq.ft. building is 93% Residential, 7% Retail and contains 81 residential units and 2 non-residential units.

This property is currently Off Market.

    Transit

    • 2nd Av Route F 9 Minute walk, 0.5 Miles
    • Essex St Route FRoute JRoute MRoute Z 11 Minute walk, 0.6 Miles
    • 1st Av Route L 13 Minute walk, 0.7 Miles
    • Astor Place Route 6 14 Minute walk, 0.7 Miles
    • 8th St Route NRoute R 15 Minute walk, 0.8 Miles
    • Bleecker St Route BRoute DRoute FRoute MRoute 6 16 Minute walk, 0.8 Miles
    • 14th St-Union Square Route LRoute NRoute QRoute RRoute 4Route 5Route 6 20 Minute walk, 1.0 Miles

    Schools

    • Elementary School

      • Elementary School Choice in District 1. Contact 718-935-2003 for more information.
    • Middle School

      • Zoned to District 1. No zoned school. Contact 718-935-2383 for more information.
    • High School

      • Citywide High School Choice

    Units at this Address

    PriceUnitLast UpdateStatusPublic Records
    VAR1BOff Market0
    6MOff Market0
    5LOff Market0
    6LOff Market0
    2BOff Market0
    VAR3BOff Market0
    3NOff Market0
    2COff Market0
    1COff Market0
    1BOff Market0
    1FOff Market0
    1EOff Market0
    1DOff Market0
    5HOff Market0
    3MOff Market0
    2NOff Market0
    6COff Market0
    4JOff Market0
    2MOff Market0
    2JOff Market0
    6GOff Market0
    6DOff Market0
    6EOff Market0
    6JOff Market0
    6KOff Market0
    6HOff Market0
    2EOff Market0
    4DOff Market0
    1D2Off Market0
    4FOff Market0
    2AOff Market0
    6ROff Market0
    1D1Off Market0
    6POff Market0
    5DOff Market0
    4ROff Market0
    4NOff Market0
    2ROff Market0
    3HOff Market0
    2POff Market0
    6BOff Market0
    5FOff Market0
    4GOff Market0
    6NOff Market0
    VAR2BOff Market0
    2LOff Market0
    4KOff Market0
    4COff Market0
    6AOff Market0
    4AOff Market0
    2DOff Market0
    4LOff Market0
    6FOff Market0
    5JOff Market0
    5BOff Market0
    5GOff Market0
    3LOff Market0
    5EOff Market0
    2AAOff Market0
    5COff Market0
    2HOff Market0
    3KOff Market0
    3JOff Market0
    3EOff Market0
    5NOff Market0
    3FOff Market0
    3AOff Market0
    3BOff Market0
    5ROff Market0
    3DOff Market0
    4BOff Market0
    3ROff Market0

    Public Records

    Get a free price estimate for this property to determine how much it should sell for. Start Now

    • Mmjv LLC & Meadow Real Estate Fund I Lp sold this property to Magnum/Tp Jv LLC for $67,464,288.16 on 2015-07-17. Show Details
    • Initial UCC1 dated 2015-08-05, Debtor: 62-74 Avenue B Retail Owner LLC & Mm 62-74 Avenue B Owner, LLC, Secured Party: N.A. Santander Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 62-74 Avenue B Retail Owner LLC & Mm 62-74 Avenue B Owner, LLC by N.A. Santander Bank or 2015-07-20 Show Details
    • Mortgage Agreement for $44,000,000.00 dated 2015-07-20 between 62-74 Avenue B Retail Owner LLC & Mm 62-74 Avenue B Owner, LLC and N.A. Santander Bank Show Details
    • 62-74 Avenue B Retail Owner LLC & Mm 62-74 Avenue B Owner, LLC took a mortgage for $1,000,000.00 from N.A. Santander Bank on 2015-07-20. Show Details
    • Mm 62-74 Avenue B Owner, LLC sold this property to 62-74 Avenue B Retail Owner LLC & Mm 62-74 Avenue B Owner, LLC for $6,588,183.83 on 2015-07-17. Show Details
    • UCC3 Termination dated 2014-01-06, Debtor: Mm 62-74 Avenue B Owner, LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2014-01-06. Parties: New York Community Bank Show Details
    • Initial UCC1 dated 2014-01-06, Debtor: Mm 62-74 Avenue B Owner, LLC, Secured Party: N.A. Santander Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Mm 62-74 Avenue B Owner, LLC by N.A. Santander Bank or 2013-11-21 Show Details
    • Mortgage Agreement for $43,000,000.00 dated 2013-11-21 between N.A. Santander Bank and Mm 62-74 Avenue B Owner, LLC Show Details
    • Mm 62-74 Avenue B Owner, LLC took a mortgage for $19,000,000.00 from N.A. Santander Bank on 2013-11-21. Show Details
    • On 2013-10-30 a mortgage on this property was transferred from New York Community Bank to N.A. Santander Bank. Show Details
    • On 2013-10-30 a mortgage on this property was transferred from New York Community Bank to N.A. Santander Bank. Show Details
    • Initial UCC1 dated 2012-01-11, Debtor: Mm 62-74 Avenue B Owner, LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Mm 62-74 Avenue B Owner, LLC by New York Community Bank or 2011-11-15 Show Details
    • Mm 62-74 Avenue B Owner, LLC took a mortgage for $14,500,000.00 from New York Community Bank on 2011-11-15. Show Details
    • Mm 62-74 Avenue B Owner, LLC took a mortgage for $9,500,000.00 from New York Community Bank on 2011-11-15. Show Details
    • 64 B Venture sold this property to Mm 62-74 Avenue B Owner, LLC for $25,500,000.00 on 2011-11-15. Show Details
    • On 1997-07-07 a mortgage on this property was transferred from European American Bank to Sol Henkind. Show Details
    • 64 B Venture Satisfied their Mortgage with Sol Henkind on 1997-07-07. Show Details
    • Jacob W. Friedman & Sol Henkind sold this property to 64 B Venture for $0.00 on 1996-06-14. Show Details
    • On 1992-09-02 a mortgage on this property was transferred from Jacob W. Friedman & 64 B Venture D/B/A & Sol Henkind to European American Bank. Show Details
    • Benjamin Coleman sold this property to Jacob W. Friedman for $0.00 on 1991-01-02. Show Details
    • Gabriel Leventhal sold this property to Jacob W. Friedman for $0.00 on 1991-01-02. Show Details
    • European American Bank took a mortgage for $995,000.00 from Benjamin Coleman & 64B Venture Dba & Sol Henkind & Gabriel Leventhal & Jacob W Friedman on 1987-06-12. Show Details
    • On 1987-06-12 a mortgage on this property was transferred from East Ny Savings Bk to European American Bank. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1984-11-07. Parties: American Nursing Home Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1984-03-09. Parties: American Nursing Home Show Details
    • American Realty Co took a mortgage for $0.00 from Sidney Engel & Irving Weissman & Herman Salamonovitz & Sol Henkind on 1970-05-05. Show Details
    • American Realty Co leased this property from 64 Ave B Realty Corp on 1970-05-05 Show Details
    • American Realty Co leased this property from Samuel Guterman & Friedman, Jacob, W & Guterman & Friedmandba on 1970-05-05 Show Details
    • Parkview Operating Corp sold this property to 6413 Venture Dba & Benjamin Coleman & Friedman, Jacob, W & Gabriel Leventhal & Sol Henkind for $0.00 on 1970-05-05. Show Details
    • Mortgage Agreement for $0.00 dated 1970-04-29 between Parkview Operating Corp and East Ny Savings Bank Show Details
    • East Ny Savings Bank leased this property from 64 Ave B Realty Corp on 1970-04-28 Show Details
    • Parkview Operating Corp took a mortgage for $0.00 from East Ny Savings Bank on 1970-04-28. Show Details
    • On 1970-04-28 a mortgage on this property was transferred from Franklin National Bank to East Ny Savings Bank. Show Details
    • Jacob Freidman & Samuel Guterman sold this property to Parkview Operating Corp for $0.00 on 1970-04-28. Show Details
    • Mortgage Agreement for $0.00 dated 1968-12-03 between 64 Avenue B Realty Corp and Franklin National Bank Show Details
    • Samuel Guterman & Friedman, Jacob, W Dba & Guterman & Friedman took a mortgage for $0.00 from Franklin National Bank on 1968-12-03. Show Details
    • On 1968-04-23 a mortgage on this property was transferred from Fraydun Manocherian to 64 Ave B Realty Corp. Show Details
    • 64 Avenue B Realty Corp leased this property from Samuel Guterman & Friedman, Jacob, W Dba & Guterman & Friedman on 1968-03-22 Show Details
    • 64 Ave B Realty Corp sold this property to Samuel Guterman & Friedman, Jacob, W Dba & & Friedman Guterman for $0.00 on 1968-03-22. Show Details
    • On 1966-09-27 a mortgage on this property was transferred from Lawrence Kalik to Fraydun Manocherian. Show Details
    • On 1966-09-27 a mortgage on this property was transferred from Juru Realty Corp to Laurence Kalik. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on July 26, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: Mm 62-74 Avenue B Owner Llc, 594 Broadway #1010, New York, NY 10012
    • Managing Agent: Fortune East Llc, Yulisa Gracia, 594 Broadway #1010, New York, NY 10012
    • Head Officer: Josh Evans, 594 Broadway #1010, New York, NY 10012
    • Officer: Yulisa Garcia, 594 Broadway #1010, New York, NY 10012
    • Site Manager: Wayne Finch,

    Building Tips

    Lot

    Address
    542 E 5th St, 10009
    Square Footage
    14,076
    Lot Type
    Island
    Dimensions
    120.0ft x 143.83ft
    BBL
    1004000031

    Neighborhood

    Historic District
    N/A
    Community District
    03
    City Council
    2
    Police Precinct
    9
    Fire Company
    E028
    School District
    1
    Census Tract
    32

    Zoning

    Zoning District
    R7A
    Commercial Overlay
    C1-5
    Split Zoning
    Yes
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    2
    MV Land
    $2,000,000
    MV Total
    $22,022,000
    AV Land
    $900,000
    AV Total
    $9,909,900

    Floor Area Ratio

    Built FAR
    5.07

    Residential
    Zoned FAR 4.0
    Max 56,304.0 sq. ft.
    Remaining -15,030.0 sq. ft.

    Commercial
    Zoned FAR 0.0
    Max 0.0 sq. ft.
    Remaining 0 sq. ft.

    Facility
    Zoned FAR 4.0
    Max 56,304.0 sq. ft.
    Remaining -15,030.0 sq. ft.

    Building

    Category
    Elevator Apartments
    Class
    Elevator Apt; Fireproof With Stores
    Land Use
    Mixed Residential & Commercial Buildings
    Buildings
    1
    Year Built
    1970
    Alterations
    N/A
    Floors
    6.0
    Residential Units
    81
    Total Units
    83
    Floor Area
    71334
    Basement
    Full Basement Below Grade
    Proximity
    Semi-Attached

    Crime

    This property is located in the 9th Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the 9th Precinct saw 1340 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 9th Precinct saw 361 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