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

Built in 1926 this 5,000 sq.ft. building is 100% Retail and contains 0 residential units and 2 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 4 Minute walk, 0.2 Miles
    • 59th St Route NRoute QRoute RRoute 4Route 5Route 6 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 12 Minute walk, 0.6 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 13 Minute walk, 0.7 Miles
    • 50th St Route 1 14 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, 1.1 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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    • A mortgage agreement for $0.00 was filed on 2016-07-20 Show Details
    • An Assignment of Leases and Rents was filed on 2016-07-20 Show Details
    • A mortgage agreement for $42,000,000.00 was filed on 2016-07-20 Show Details
    • A $37,068,000.00 mortgage was taken from Bankunited, N.A., on 2016-07-20. Show Details
    • Termination Of Lease Or Memo (Other Documents) was filed on 2016-10-13. Show Details
    • Termination Of Lease Or Memo (Other Documents) was filed on 2016-10-13. Show Details
    • Termination Of Lease Or Memo (Other Documents) was filed on 2016-10-13. Show Details
    • On 2016-07-20 a mortgage on this property was transferred from National Association Wells Fargo Bank to N.A. Bankunited. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2016-10-13. Show Details
    • Initial UCC1 dated 2016-07-25, Secured Party: N.A. Bankunited Show Details
    • Mortgage Spreader Agreement (Mortgages & Instruments) was filed on 2016-07-06. Show Details
    • A mortgage agreement for $4,932,000.00 was filed on 2016-02-01 Show Details
    • This property was sold for $55,000,000.00 on 2016-02-01. Show Details
    • UCC3 Termination dated 2016-02-10, Secured Party: Hsbc Bank Usa, Assignee: Show Details
    • UCC3 Termination dated 2016-02-10, Secured Party: Hsbc Bank Usa, Assignee: Show Details
    • UCC3 Termination dated 2016-02-10, Secured Party: Hsbc Bank Usa, Assignee: Show Details
    • UCC3 Termination dated 2016-02-10, Secured Party: Hsbc Bank Usa, Assignee: Show Details
    • UCC3 Termination dated 2016-02-10, Secured Party: Hsbc Bank Usa, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-02-10. Show Details
    • On 2016-02-01 a mortgage on this property was transferred from Hsbc Bank Usa to National Association Wells Fargo Bank. Show Details
    • A mortgage agreement for $5,170,000.00 was filed on 2012-11-08 Show Details
    • Initial UCC1 dated 2013-03-25, Secured Party: Hsbc Bank Usa, National Association, Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2012-12-03. Show Details
    • Termination Of Lease Or Memo (Other Documents) was filed on 2012-12-03. Show Details
    • Initial UCC1 dated 2012-01-19, Secured Party: National Association Hsbc Bank Usa Show Details
    • Initial UCC1 dated 2012-01-19, Secured Party: National Association Hsbc Bank Usa Show Details
    • Initial UCC1 dated 2012-01-19, Secured Party: National Association Hsbc Bank Usa Show Details
    • A Miscellaneous legal document filed on 2011-12-30. Show Details
    • An Assignment of Leases and Rents was filed on 2011-12-01 Show Details
    • A mortgage agreement for $5,275,000.00 was filed on 2011-12-01 Show Details
    • A $126,666.69 mortgage was taken from National Association Hsbc Bank Usa on 2011-12-01. Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2011-12-30. Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2011-12-30. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2011-04-18. Show Details
    • Initial UCC1 dated 2006-08-17, Secured Party: National Association Hsbc Bank Usa Show Details
    • An Assignment of Leases and Rents was filed on 2006-06-29 Show Details
    • A mortgage agreement for $5,538,333.31 was filed on 2006-06-29 Show Details
    • A $75,000.00 mortgage was taken from National Association Hsbc Bank Usa on 2006-06-29. Show Details
    • On 1999-12-20 a mortgage on this property was transferred from 60 East 54 Corporation to Republic National Bank Of New York. Show Details
    • A $6,000,000.00 mortgage was taken from Republic National Bank Of New York on 1999-12-20. Show Details
    • A Miscellaneous legal document filed on 1999-12-20. Show Details
    • A mortgage with Chemical Bank was satisfied on 1999-12-20. Show Details
    • Initial UCC1 dated 1999-12-15, Secured Party: Republic National Bank Of New York Show Details
    • A mortgage agreement for $0.00 was filed on 1993-12-09 Show Details
    • On 1993-12-09 a mortgage on this property was transferred from 60 East 54 Corporation to Chemical Bank. Show Details
    • A $2,500,000.00 mortgage was taken from Chemical Bank on 1993-12-09. Show Details
    • Initial UCC1 dated 1993-12-08, Secured Party: Chemical Bank Show Details
    • This property was leased on 1992-06-11 Show Details
    • A $0.00 mortgage was taken from Untd Mut Sav Bnk on 1970-12-10. Show Details
    • A $0.00 mortgage was taken from Brown J. Jack Etal on 1966-03-04. Show Details
    • A $0.00 mortgage was taken from Emil Allan D. Etal on 1966-03-04. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Jan. 25, 2016 and the registration expires Sept. 1, 2016.

    • Corporate Owner: Elysee Operating Corp, 56-60 E 54 St, New York, NY 10022
    • Managing Agent: Henry Kallan, 56 E 54Th Street, New York, NY 10022
    • Head Officer: Richard Pinto, 56 E 54Th St, New York, NY 10022
    • Site Manager: Jarek Wasilewski,
    • Lessee: 60 E 54Th Corporation, Richard Born, 56-60 E 54Th Street, New York, NY 10022

    Building Tips

    Lot

    Address
    56 E 54th St, 10022
    Square Footage
    6,025
    Lot Type
    Inside
    Dimensions
    60.0ft x 100.42ft
    BBL
    1012890045

    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
    C5-2.5
    Commercial Overlay
    N/A
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $8,260,000
    MV Total
    $36,903,000
    AV Land
    $3,717,000
    AV Total
    $16,606,350

    Floor Area Ratio

    Built FAR
    0.83

    Residential
    Zoned FAR 10.0
    Max 60,250.0 sq. ft.
    Remaining 55,250.0 sq. ft.

    Commercial
    Zoned FAR 12.0
    Max 72,300.0 sq. ft.
    Remaining 67,300.0 sq. ft.

    Facility
    Zoned FAR 12.0
    Max 72,300.0 sq. ft.
    Remaining 67,300.0 sq. ft.

    Building

    Category
    Hotels
    Class
    Hotel; Luxury Type Built Prior To 1960
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1926
    Alterations
    N/A
    Floors
    15.0
    Residential Units
    0
    Total Units
    2
    Floor Area
    5000
    Basement
    Full Basement Below Grade
    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