561 7th Ave
Midtown
New York, NY, 10018

Built in 1925 this 71,741 sq.ft. building is 94% Office Space, 6% Retail and contains 0 residential units and 26 non-residential units.

This property is currently Off Market.

    Transit

    • Times Square-42nd St 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 3 Minute walk, 0.2 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 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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    • UCC3 Termination dated 2015-07-28, Debtor: 151 West Associates LLC, Secured Party: Principal Life Insurance Company, Assignee: Show Details
    • Initial UCC1 dated 2015-07-28, Debtor: 151 West Associates LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • Mortgage Agreement for $25,000,000.00 dated 2015-06-22 between 151 West Associates LLC and New York Community Bank Show Details
    • 151 West Associates LLC took a mortgage for $15,000,000.00 from New York Community Bank on 2015-06-22. Show Details
    • On 2015-06-22 a mortgage on this property was transferred from Principal Life Insurance Company to New York Community Bank. Show Details
    • Gramet Holding Corporation (C/O Bkh) sold this property to Buurger King Acquisition & King A Buurger for $7,113,521.00 on 2002-12-13. Show Details
    • Burger King Holdings Inc sold this property to Public Shareholders (C/O Bkh) for $2,542,105.00 on 2007-11-21. Show Details
    • UCC3 Termination dated 2012-12-05, Debtor: 151 West Associates LLC, Secured Party: Registered Holders Of Gs Mortgage Securities Corp & N.A. As Trustee Wells Fargo Bank Minnesota & N.A. Wells Fargo, Assignee: Show Details
    • Initial UCC1 dated 2012-12-05, Debtor: 151 West Associates LLC, Secured Party: Principal Life Insurance Company, Assignee: Show Details
    • Mortgage Agreement for $10,000,000.00 dated 2012-11-21 between 151 West Associates LLC and Principal Life Insurance Company Show Details
    • 151 West Associates LLC took a mortgage for $5,791,585.98 from Principal Life Insurance Company on 2012-11-21. Show Details
    • On 2012-11-21 a mortgage on this property was transferred from Wells Fargo Bank Minnesota, N.A., As Trustee & Registered Holders Of Gs Mortgage Securities Corp & N.A. Wells Fargo Bank to Principal Life Insurance Company. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2012-12-05. Parties: Wells Fargo Bank Minnesota, N.A., As Trustee & Registered Holders Of Gs Mortgage Securities Corp & N.A. Wells Fargo Bank, 15 West Associates LLC Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2012-11-26. Parties: 151 West Associates LLC, Wells Fargo Bank N.A. Show Details
    • Starcut Usa Inc. sold this property to 151 West Associates LLC for $0.00 on 2009-07-15. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2008-02-11. Parties: 151 West Associates LLC, N.A As Trustee For The Registere Wells Fargo Bank Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2004-02-19. Parties: 151 West Associates LLC, Washington Mutual Bank Fa, N.A. As Trustee Wells Fargo Bank Minnesota Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2004-02-19. Parties: Washington Mutual Bank Fa, N.A. Wells Fargo Bank Minnesota Show Details
    • On 2002-12-23 a mortgage on this property was transferred from to . Show Details
    • An Assignment of Leases and Rents was granted to by or 2002-12-20 Show Details
    • Mortgage Agreement for $5,000,000.00 dated 2002-12-20 between 151 West Associates LLC and Washington Mutual Bank Fa Show Details
    • took a mortgage for $1,269,249.52 from on 2002-12-20. Show Details
    • On 2002-12-20 a mortgage on this property was transferred from Sun Life Assurance Company Of Canada to Washington Mutual Bank Fa. Show Details
    • Initial UCC1 dated 2003-05-01, Debtor: 151 West Associates LLC, Secured Party: Washington Mutual Bank Fa, Assignee: Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2002-08-02. Parties: 151 West Associatesllc, Sun Life Assurance Company Of Canada Show Details
    • On 2000-07-28 a mortgage on this property was transferred from Sun Life Assurance Company Of Canada to Sun Life Assurance Company Of Canada (U.S.). Show Details
    • 151 West Associatesllc took a mortgage for $229,550.33 from Sun Life Assurance Company Of Canada on 1997-08-28. Show Details
    • A Miscellaneous legal document filed on 1997-08-28. Parties: Marine Midland Bank Show Details
    • Mortgage Agreement for $0.00 dated 1997-08-28 between 151 West Associatesllc and Sun Life Assurance Company Of Canada Show Details
    • On 1997-08-28 a mortgage on this property was transferred from Marine Midland Bank to Sun Life Assurance Company Of Canada. Show Details
    • Initial UCC1 dated 1997-07-23, Debtor: 151 West Associatesllc, Secured Party: Sun Life Assurance Company Of Canada, Assignee: Show Details
    • 151 West Associates sold this property to 151 West Associatesllc for $0.00 on 1996-10-01. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1997-03-05. Parties: 151 West Associates, Marine Midland Bank Show Details
    • On 1996-09-04 a mortgage on this property was transferred from River Bank America to Na Marine Midland Bank. Show Details
    • On 1996-09-04 a mortgage on this property was transferred from River Bank America to Na Marine Midland Bank. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1996-08-06. Parties: 151 West Associates, River Bank America, Marine Midland Bank Show Details
    • Mortgage Agreement for $0.00 dated 1992-03-10 between River Bank America and 151 West Associates Show Details
    • Initial UCC1 dated 1992-03-10, Debtor: 151 West Associates, Secured Party: River Bank America, Assignee: Show Details
    • On 1986-09-23 a mortgage on this property was transferred from 151 West Associates to East River Savings Bk. Show Details
    • 151 West Associates took a mortgage for $4,500,000.00 from East River Savings Bk on 1986-09-23. Show Details
    • 151 West Assocs took a mortgage for $3,738,159.36 from East River Savings Bank on 1986-09-23. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1986-09-23. Parties: 151 West Associates, East River Savings Bk Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1986-02-03. Parties: Straw Man Realty Corp, East River Savings Bank Show Details
    • A Miscellaneous legal document filed on 1983-03-04. Parties: Central Fed Sv&Ln Asc/Nc Show Details
    • 151 West Associates Satisfied their Mortgage with Central Fdl Sv/Ln Etc. & Sterling Ntl Bk/Tr.Co.Ny & Seventh Associates on 1983-03-04. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1983-02-07. Parties: 151 West Associates Show Details
    • Mortgage Agreement for $0.00 dated 1980-09-09 between 151 West Associates and Central Fedl S/La Nassau Show Details
    • On 1980-08-29 a mortgage on this property was transferred from 151 West Assoc to Central Fedl S/La Nassau. Show Details
    • 151 West Assoc took a mortgage for $0.00 from Central Fedl S/La Nassau on 1980-08-29. Show Details
    • On 1980-08-29 a mortgage on this property was transferred from Sterling Ntl Bk/Tr Co Ny to Central Fedl S/La Nassau. Show Details
    • Mortgage Agreement for $0.00 dated 1976-10-20 between 151 West Assoc and Sterling Natl Bk & Tr Ny Show Details
    • 151 West Assoc took a mortgage for $0.00 from Sterling Natl Bk & Tr Ny on 1976-10-20. Show Details
    • On 1976-10-18 a mortgage on this property was transferred from Seventh Assoc to Sterling Natl Bk & Tr Ny. Show Details
    • Mortgage Agreement for $0.00 dated 1976-07-21 between Straw Man Realty Corp and East River Savings Bank Show Details
    • Sundry Mortgage (Mortgages & Instruments) was filed on 1976-06-18. Parties: Seventh Assoc, East River Savings Bank Show Details
    • Straw Man Realty Corp took a mortgage for $0.00 from East River Savings Bank on 1976-06-18. Show Details
    • On 1976-06-18 a mortgage on this property was transferred from Franklin Savings Bkny to East River Savings Bank. Show Details
    • 151 West Assoc sold this property to Straw Man Realty Corp for $0.00 on 1976-06-18. Show Details
    • Straw Man Realty Corp sold this property to 151 West Assoc for $0.00 on 1976-06-18. Show Details
    • Mortgage Agreement for $0.00 dated 1974-06-12 between Straw Man Inc and Franklin Savings Bkny Show Details
    • Straw Man Inc sold this property to 151 West Assoc for $0.00 on 1974-06-05. Show Details
    • 151 West Assoc sold this property to Straw Man Inc for $0.00 on 1974-05-23. Show Details
    • 151 W. Assoc took a mortgage for $0.00 from 7Th Assoc on 1969-04-02. Show Details
    • 7Th Assoc sold this property to 151 W. Assoc for $0.00 on 1969-04-02. Show Details

    Lot

    Address
    561 7th Ave, 10018
    Square Footage
    3,555
    Lot Type
    Corner
    Dimensions
    59.25ft x 60.0ft
    BBL
    1009930001

    Neighborhood

    Neighborhood
    NeighborhoodContent object
    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
    C5-3
    Commercial Overlay
    N/A
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $6,600,000
    MV Total
    $16,153,000
    AV Land
    $2,970,000
    AV Total
    $7,268,850

    Floor Area Ratio

    Built FAR
    20.18

    Residential
    Zoned FAR 10.0
    Max 35,550.0 sq. ft.
    Remaining -36,191.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 53,325.0 sq. ft.
    Remaining -18,416.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 53,325.0 sq. ft.
    Remaining -18,416.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Tower Type
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1925
    Alterations
    N/A
    Floors
    21.0
    Residential Units
    0
    Total Units
    26
    Floor Area
    71741
    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