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

Built in 1920 this 10,971 sq.ft. building is 79% Residential, 21% Retail and contains 16 residential units and 5 non-residential units.

This property is currently Off Market.

    Transit

    • 2nd Av Route F 10 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
    5Off Market0

    Public Records

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    • Mortgage Agreement for $1,940,523.09 dated 2012-03-29 between The Dime Savings Bank Of Williamsburgh and 545-7 East 5Th Street Associates Show Details
    • Initial UCC1 dated 2012-08-15, Debtor: 545-7 East 5Th Street, Secured Party: The Dime Savings Bank Of Williamsburgh, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to The Dime Savings Bank Of Williamsburgh by 545-7 East 5Th Street Associates or 2004-08-05 Show Details
    • Mortgage Agreement for $2,212,500.00 dated 2004-08-05 between The Dime Savings Bank Of Williamsburgh and 545-7 East 5Th Street Associates Show Details
    • took a mortgage for $863,906.66 from on 2004-08-05. Show Details
    • UCC3 Termination dated 2004-08-18, Debtor: 545-7 East 5Th Street Associates, Secured Party: The Dime Savings Bank Of Williamsburgh, Assignee: Show Details
    • Initial UCC1 dated 2004-08-18, Debtor: 545-7 East 5Th Street Associates, Secured Party: The Dime Savings Bank Of Williamsburgh, Assignee: Show Details
    • Initial UCC1 dated 2001-12-04, Debtor: 545-7 East 5Th Street Associates, Secured Party: Dime Savings Bank Ofwilliamsburgh, Assignee: Show Details
    • 545-7 East 5Th Street Associates took a mortgage for $752,677.28 from Dime Savings Bank Ofwilliamsburgh on 2001-11-28. Show Details
    • Mortgage Agreement for $0.00 dated 2001-11-28 between 545-7 East 5Th Street Associates and Dime Savings Bank Ofwilliamsburgh Show Details
    • On 2001-11-28 a mortgage on this property was transferred from Fourth Federal Savings Bank to Dime Savings Bank Ofwilliamsburgh. Show Details
    • UCC3 Termination dated 2001-11-21, Debtor: 545-7 East 5Th Street Associates, Secured Party: Fourth Federal Savings Bank, Assignee: Show Details
    • 545-7 East 5Th Street Associates Satisfied their Mortgage with Joseph Cohen & Morris Cohen on 1997-05-23. Show Details
    • 545-7 East 5Th Street Associates took a mortgage for $408,345.21 from Fourth Federal Savings Bank on 1997-05-23. Show Details
    • Mortgage Agreement for $0.00 dated 1997-05-23 between 545-7 East 5Th Street Associates and Fourth Federal Savings Bank Show Details
    • On 1997-05-23 a mortgage on this property was transferred from State Street Bank &Trust Company As Trustee to Fourth Federal Savings Bank. Show Details
    • Initial UCC1 dated 1997-05-05, Debtor: 545-7 East 5Th Street Associates, Secured Party: Fourth Federal Savings Bank, Assignee: Show Details
    • UCC3 Termination dated 1997-05-02, Debtor: 545-7 E. 5Th Associates, Secured Party: As Trustee State Street Bank &Trust Company, Assignee: Show Details
    • On 1996-06-17 a mortgage on this property was transferred from Crossland Federal Savings Bank to State Street Bank And Trust Company As Trustee. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1996-06-07. Parties: 545-7 E. 5Th Associates, Crossland Federal Savings Bank, As Trustee State Street Bank &Trust Company Show Details
    • Initial UCC1 dated 1994-11-03, Debtor: 545-7 E. 5Th Associates, Secured Party: Crossland Federal Savings Bank, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1994-08-03 between 545-7 East 5Th Street Associates and Crossland Federal Savings Bank Show Details
    • 545-7 East 5 St Assoc took a mortgage for $345,047.73 from Crossland Savings FSB on 1988-08-25. Show Details
    • Mortgage Agreement for $0.00 dated 1988-08-25 between Crossland Svgs FSB and 28 East 21St Assocs & 241 East 14Th St Assoc & Rafael Indv Sassouni & 456 West 57Th St Assoc & 545-7 East 5Th St Assoc Show Details
    • Mortgage Agreement for $0.00 dated 1988-08-25 between Crossland Svgs FSB and 241 East 14Th St Assocs & 456 West 57Th St Assocs & Rafael Indv Sassouni & 28 East 21St St Assoc & 545-7 East 5Th St Assocs Show Details
    • Release dated 1988-08-16 between Crossland Savings FSB and 545-7 East 5 St Assoc & 456 West 57 St Assoc & 28 East 21 St Assoc & Rafael Sassouni & 241 East 14 St Assoc Show Details
    • Mortgage Agreement for $0.00 dated 1987-02-25 between 545-7 East 5Th St Assoc and Crossland Savings FSB Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1987-01-30. Parties: 545-7 East 5 St Assocs, Crossland Savings, FSB Show Details
    • Mortgage Agreement for $0.00 dated 1987-01-30 between 545-7 East 5Th St Assocs and Crossland Savings Bk Show Details
    • 545-7 East 57Th St Assoc took a mortgage for $1,189,470.50 from Crossland Savings Bk on 1987-01-30. Show Details
    • 545-7 East 5 St Assocs took a mortgage for $260,000.00 from Joseph Cohen & Morris Cohen on 1987-01-30. Show Details
    • East Villiage Fifthetc Satisfied their Mortgage with Carlos Iglesias on 1987-01-30. Show Details
    • Joseph Cohen & Morris Cohen Satisfied their Mortgage with Jerry Blush on 1987-01-30. Show Details
    • Joseph Cohen & Morris Cohen sold this property to 545-7 East 5Th Street Associates for $0.00 on 1986-12-31. Show Details
    • Joseph Cohen & Morris Cohen took a mortgage for $200,000.00 from Jerry Blush on 1986-05-14. Show Details
    • Certificate (Other Documents) was filed on 1985-10-08. Parties: Carlos Iglesias Show Details
    • East Village 5Th Stasc sold this property to Joseph Cohen & Morris Cohen for $0.00 on 1985-08-22. Show Details
    • East Village 5Th Stass Satisfied their Mortgage with David Kuperberg on 1984-08-29. Show Details
    • Charles F.A.Etux Neumann & Jayess Realty Corp. Satisfied their Mortgage with Max Frankenheim & Metropolitan Sav'S Bank on 1982-05-28. Show Details
    • East Village Fifth St.Ac took a mortgage for $90,000.00 from Carlos Iglesias on 1982-04-02. Show Details
    • East Village Fifth St Ac took a mortgage for $1,685.00 from David Kuperberg on 1982-04-02. Show Details
    • Bik Management Corp. sold this property to East Village Fifth Etc. for $0.00 on 1982-03-31. Show Details
    • Jayess Realty Corp sold this property to Bik Management Corp for $0.00 on 1979-11-15. Show Details
    • Mortgage Agreement for $0.00 dated 1973-02-13 between Jayess Realty Corp and Manhattan Savings Bank Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on July 5, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: 545-7 East 5Th Street Associates, 9 Park Place #1E, Great Neck, NY 11021
    • Managing Agent: Rafael Sassouni, 9 Park Place #1E, Great Neck, NY 11021
    • Head Officer: Bita Sassouni, 9 Park Place #1E, Great Neck, NY 11021
    • Officer: David Harounian, 9 Park Place #1E, Great Neck, NY 11021
    • Site Manager: John Portelli,

    Building Tips

    Lot

    Address
    545 E 5th St, 10009
    Square Footage
    2,426
    Lot Type
    Corner
    Dimensions
    24.25ft x 100.0ft
    BBL
    1004010041

    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
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    2
    MV Land
    $400,000
    MV Total
    $2,533,000
    AV Land
    $180,000
    AV Total
    $1,139,850

    Floor Area Ratio

    Built FAR
    4.52

    Residential
    Zoned FAR 4.0
    Max 9,704.0 sq. ft.
    Remaining -1,267.0 sq. ft.

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

    Facility
    Zoned FAR 4.0
    Max 9,704.0 sq. ft.
    Remaining -1,267.0 sq. ft.

    Building

    Category
    Walk Up Apartments
    Class
    Walk-Up Apt. Over Six Families With Stores
    Land Use
    Mixed Residential & Commercial Buildings
    Buildings
    1
    Year Built
    1920
    Alterations
    N/A
    Floors
    5.0
    Residential Units
    16
    Total Units
    21
    Floor Area
    10971
    Basement
    Full Basement Below Grade
    Proximity
    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