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, Secured Party: Principal Life Insurance Company, Assignee: Show Details
    • Initial UCC1 dated 2015-07-28, Secured Party: New York Community Bank Show Details
    • A mortgage agreement for $25,000,000.00 was filed on 2015-06-22 Show Details
    • A $15,000,000.00 mortgage was taken 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
    • This property was sold for $7,113,521.00 on 2002-12-13. Show Details
    • This property was sold for $2,542,105.00 on 2007-11-21. Show Details
    • UCC3 Termination dated 2012-12-05, 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, Secured Party: Principal Life Insurance Company Show Details
    • A mortgage agreement for $10,000,000.00 was filed on 2012-11-21 Show Details
    • A $5,791,585.98 mortgage was taken 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. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2012-11-26. Show Details
    • This property was sold for $0.00 on 2009-07-15. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2008-02-11. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2004-02-19. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2004-02-19. Show Details
    • On 2002-12-23 a mortgage on this property was transferred from Washington Mutual Bank Fa to N.A. Wells Fargo Bank Minnesota. Show Details
    • An Assignment of Leases and Rents was filed on 2002-12-20 Show Details
    • A mortgage agreement for $5,000,000.00 was filed on 2002-12-20 Show Details
    • A $1,269,249.52 mortgage was taken from Washington Mutual Bank Fa 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, Secured Party: Washington Mutual Bank Fa Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2002-08-02. 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
    • A $229,550.33 mortgage was taken from Sun Life Assurance Company Of Canada on 1997-08-28. Show Details
    • A Miscellaneous legal document filed on 1997-08-28. Show Details
    • A mortgage agreement for $0.00 was filed on 1997-08-28 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, Secured Party: Sun Life Assurance Company Of Canada Show Details
    • This property was sold for $0.00 on 1996-10-01. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1997-03-05. 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. Show Details
    • A mortgage agreement for $0.00 was filed on 1992-03-10 Show Details
    • Initial UCC1 dated 1992-03-10, Secured Party: River Bank America Show Details
    • On 1986-09-23 a mortgage on this property was transferred from 151 West Associates to East River Savings Bk. Show Details
    • A $4,500,000.00 mortgage was taken from East River Savings Bk on 1986-09-23. Show Details
    • A $3,738,159.36 mortgage was taken 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. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1986-02-03. Show Details
    • A Miscellaneous legal document filed on 1983-03-04. Show Details
    • A mortgage with Central Fdl Sv/Ln Etc. & Sterling Ntl Bk/Tr.Co.Ny & Seventh Associates was satisfied on 1983-03-04. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1983-02-07. Show Details
    • A mortgage agreement for $0.00 was filed on 1980-09-09 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
    • A $0.00 mortgage was taken 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
    • A mortgage agreement for $0.00 was filed on 1976-10-20 Show Details
    • A $0.00 mortgage was taken 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
    • A mortgage agreement for $0.00 was filed on 1976-07-21 Show Details
    • Sundry Mortgage (Mortgages & Instruments) was filed on 1976-06-18. Show Details
    • A $0.00 mortgage was taken 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
    • This property was sold for $0.00 on 1976-06-18. Show Details
    • This property was sold for $0.00 on 1976-06-18. Show Details
    • A mortgage agreement for $0.00 was filed on 1974-06-12 Show Details
    • This property was sold for $0.00 on 1974-06-05. Show Details
    • This property was sold for $0.00 on 1974-05-23. Show Details
    • A $0.00 mortgage was taken from 7Th Assoc on 1969-04-02. Show Details
    • This property was sold 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
    Midtown
    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