558 7th Ave
Midtown South
New York, NY, 10018

Built in 1925 this 7,259 sq.ft. building is 100% Retail and contains 0 residential units and 7 non-residential units.

This property is currently Off Market.

    Transit

    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 0 Minute walk, 0.0 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 11 Minute walk, 0.6 Miles
    • 42nd St Route BRoute DRoute FRoute MRoute 7 4 Minute walk, 0.2 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

    Public Records

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    • Termination Of Lease Or Memo (Other Documents) was filed on 2017-02-17. Parties: Tap Tap, LLC, Co-Trustee Morwin Schmookler & The Basil Shmookler & Jane Upton Revocable Trust & 558 Seventh Ave Corp. & The Morwin Schmookler Irrevocable Trust Show Details
    • The Basil Schmookler And Jane Upton Revocable & As Trustee Jane Upton & As Trustee Morwin Schmookler sold this property to 200 West 40 LLC for $0.00 on 2017-01-05. Show Details
    • The Morwin Schmookler Irrevocable Trust Dated & As Sole Trustee Jane Upton sold this property to Two Lions Capital LLC for $0.00 on 2017-01-05. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2013-08-12. Parties: New York Community Bank Show Details
    • Initial UCC1 dated 2013-08-12, Debtor: 558 Seventh Ave. Corp. & Schmookler, Trustee, Morwin & Upton, Trustee, Jane, Secured Party: Apple Bank For Savings, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Basil Schmookler And Jane Upton Revocable Trust & Morwin Schmookler Irrevocable Trust & Upton, Trustee, Jane & 558 Seventh Ave. Corp. & Schmookler, Trustee, Morwin & Upton, Sole Trustee, Jane by Apple Bank For Savings or 2013-06-11 Show Details
    • Mortgage Agreement for $4,000,000.00 dated 2013-06-11 between Basil Schmookler And Jane Upton Revocable Trust & Upton, Trustee, Jane & Morwin Schmookler Irrevocable Trust & 558 Seventh Ave. Corp. & Schmookler, Trustee, Morwin & Upton, Sole Trustee, Jane and Apple Bank For Savings Show Details
    • Basil Schmookler And Jane Upton Revocable Trust & Morwin Schmookler Irrevocable Trust & Upton, Trustee, Jane & 558 Seventh Ave. Corp. & Schmookler, Trustee, Morwin & Upton, Sole Trustee, Jane took a mortgage for $1,470,416.03 from Apple Bank For Savings on 2013-06-11. Show Details
    • On 2013-06-11 a mortgage on this property was transferred from New York Community Bank to Apple Bank For Savings. Show Details
    • UCC3 Termination dated 2013-07-25, Debtor: 558 Seventh Ave. Corp. & The Morwin Schmookler Irrevocable Trust & The Basil Schmookler And Jane Upton Revocabletrust, Secured Party: New York Community Bank, Assignee: Show Details
    • As Trustee Jane Upton & Basil Schmookler & Jane Upton Revocable Trust & As Trustee Morwin Schmookler sold this property to As Trustee Jane Upton & Morwin Schmookler Irrevocable Trust for $0.00 on 2012-12-28. Show Details
    • Initial UCC1 dated 2011-07-05, Debtor: 558 Seventh Ave. Corp. & The Basil Schmookler And Jane Upton Revocabletrust & The Morwin Schmookler Irrevocable Trust, Secured Party: New York Community Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to The Morwin Schmookler Irrevocable Trust & The Basil Schmookler And Jane Upton Revocabletrust & Upton, Trustee, Jane & 558 Seventh Ave. Corp. & Schmookler, Trustee, Morwin & Upton, Sole Trustee, Jane by New York Community Bank or 2011-05-23 Show Details
    • The Morwin Schmookler Irrevocable Trust & The Basil Schmookler And Jane Upton Revocabletrust & Upton, Trustee, Jane & 558 Seventh Ave. Corp. & Schmookler, Trustee, Morwin & Upton, Sole Trustee, Jane took a mortgage for $2,600,000.00 from New York Community Bank on 2011-05-23. Show Details
    • Tap Tap, LLC Satisfied their Mortgage with Carver Federal Savings Bank on 2009-02-09. Show Details
    • As Trustee Jane Upton & As Trustee Morwin Schmookler & Basil Schmookler & Jane Upton Revocable Trust sold this property to As Trustee Jane Upton & Morwin Schmookler Irrevocable Trust for $0.00 on 2004-12-16. Show Details
    • Mortgage Agreement for $417,579.04 dated 2004-02-01 between Tap Tap, LLC, A New York Limited Liability Company and Carver Federal Savings Bank Show Details
    • Abraham Rad Satisfied their Mortgage with Nouredin Bakhshi on 1999-11-10. Show Details
    • Tap Tap LLC leased this property from Public Administrator/The County Of N.Y. As Admin. & Abraham Estateof Deceased Rad on 1999-10-06 Show Details
    • Tap Tap LLC took a mortgage for $5,567.38 from Carver Federal Savings Bank on 1999-10-06. Show Details
    • On 1999-10-06 a mortgage on this property was transferred from Basil Revocable Trust Schmookler & Jane As The Sole Trustee Upton & Jane Revocable Trust Upton & 558 Seventh Ave Corp. & Morwin Irrevocable Trust Schmookler to Tap Tap, LLC. Show Details
    • Tap Tap, LLC leased this property from Basil Revocable Trust Schmookler & Jane Revocable Trust Upton & Jane As Soletrustee Upton & Public Administrator/The County Etc. & 558 Seventh Ave Corp. & Morwin Irrevocable Trust Schmookler on 1999-10-06 Show Details
    • Abraham Rad Satisfied their Mortgage with Arlet Jaklin Hahamyan on 1999-09-20. Show Details
    • Basil Schmookler sold this property to Basil Revocable Trust Schmookler & Jane Revocable Trust Upton & Jane As Trustee Upton & 558 Seventh Ave. Corp. & Morwin Irrevocable Trust Schmookler & Basil Astrustee Schmookler for $0.00 on 1998-03-04. Show Details
    • Mortgage Agreement for $0.00 dated 1996-02-08 between Basil Schmookler & Marshall E. Gerson and Eptas Equities & Michael Hirschfeld Show Details
    • On 1994-10-28 a mortgage on this property was transferred from Kent H. Villepigue to Estate Of Abraham Rad. Show Details
    • On 1994-10-28 a mortgage on this property was transferred from Nouredin Bakhshi to Kent H. Villepigue. Show Details
    • 558 Seventh Ave Corp. Satisfied their Mortgage with Eastwood & Holt Inc on 1990-01-17. Show Details
    • Abraham Rad took a mortgage for $160,000.00 from Nouredin Bakhshi on 1989-11-06. Show Details
    • Abraham Rad took a mortgage for $43,000.00 from Arlet Jaklen Hahamyan on 1989-11-06. Show Details
    • Abraham Rad leased this property from Nephets Ltd on 1988-02-16 Show Details
    • On 1987-03-18 a mortgage on this property was transferred from Eastwood & Holt Inc to Clara Applegate Pollard. Show Details
    • On 1987-01-23 a mortgage on this property was transferred from Norstar Bank Commerce to Marshall E. Gerson. Show Details
    • Basil Schmookler Satisfied their Mortgage with Marshall E. Gerson on 1987-01-23. Show Details
    • Certificate (Other Documents) was filed on 1984-12-17. Parties: Basil Schomookler Show Details
    • On 1984-12-10 a mortgage on this property was transferred from Marshall E Gerson to Bank Of Commerce. Show Details
    • Basil Schmookler took a mortgage for $385,000.00 from Marshall E. Gerson on 1984-02-08. Show Details
    • Marshall E. Gerson sold this property to Basil Schmookler for $0.00 on 1984-01-23. Show Details
    • On 1983-12-20 a mortgage on this property was transferred from Eptas Equities to Nehpets, Ltd.,. Show Details
    • On 1983-12-20 a mortgage on this property was transferred from Michaelnom. Hirschfeld to Eptas Equities. Show Details
    • 558 Seventh Ave Corp sold this property to Basil Schmookler & Marshall E Gerson for $0.00 on 1979-09-28. Show Details
    • 558 Seventh Ave Corp leased this property from Michael Hirshfield on 1979-08-02 Show Details
    • 558 Seventh Ave Corp took a mortgage for $0.00 from Eastwood & Holt Inc on 1977-10-13. Show Details
    • Eastwood & Holt Inc sold this property to 558 Seventh Ave Corp for $0.00 on 1977-10-13. Show Details

    Lot

    Address
    558 7th Ave, 10018
    Square Footage
    2,469
    Lot Type
    Corner
    Dimensions
    24.67ft x 100.0ft
    BBL
    1007890043

    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
    M1-6
    Commercial Overlay
    N/A
    Special Purpose
    G
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $2,160,000
    MV Total
    $11,089,000
    AV Land
    $972,000
    AV Total
    $4,990,050

    Floor Area Ratio

    Built FAR
    2.94

    Residential
    Zoned FAR 0.0
    Max 0.0 sq. ft.
    Remaining -7,259.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 24,690.0 sq. ft.
    Remaining 17,431.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 24,690.0 sq. ft.
    Remaining 17,431.0 sq. ft.

    Building

    Category
    Store Buildings
    Class
    Store Building; Two-Story Or Store/Office
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1925
    Alterations
    N/A
    Floors
    3.0
    Residential Units
    0
    Total Units
    7
    Floor Area
    7259
    Basement
    Full Basement Below Grade
    Proximity
    Semi-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