570 2nd Ave
Kips Bay
New York, NY, 10016

Built in 1998 this 173,364 sq.ft. building is 48% Retail, 52% Other and contains 0 residential units and 6 non-residential units.

This property is currently Off Market.

    Transit

    • 33rd St Route 6 7 Minute walk, 0.4 Miles
    • Grand Central-42nd St Route GSRoute 4Route 5Route 6Route 7 14 Minute walk, 0.7 Miles
    • 34th St Route 1Route 2Route 3 18 Minute walk, 0.9 Miles
    • 51st St Route ERoute MRoute 6 23 Minute walk, 1.2 Miles
    • 1st Av Route L 19 Minute walk, 1.0 Miles

    Schools

    • Elementary School

      • For 2015-2016: Grades K-2 are zoned to PS 281 and Grades 2-5 are zoned to PS 116.
      • The River School
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Jessica Orleans
        • Phone: 212-251-6640
        • Address: 425 East 35Th Street
        • Website: schools.nyc.gov
      • P.S. 116 Mary Lindley Murray
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Jane Hsu
        • Phone: 212-685-4366
        • Address: 210 East 33 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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    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2017-05-11. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2017-05-11. Show Details
    • Mortgage Spreader Agreement (Mortgages & Instruments) was filed on 2016-06-16. Show Details
    • A mortgage agreement for $0.00 was filed on 2012-07-18 Show Details
    • A mortgage agreement for $0.00 was filed on 2012-05-08 Show Details
    • Mortgage Spreader Agreement (Mortgages & Instruments) was filed on 2013-04-01. Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2013-04-01. Show Details
    • A mortgage agreement for $0.00 was filed on 2012-09-26 Show Details
    • UCC3 Termination dated 2012-10-26, Secured Party: Westdeutsche Immobilienbank Ag, Assignee: Show Details
    • On 2012-09-26 a mortgage on this property was transferred from Westdeutsche Immobilienbank Ag to Jade 2Nd Ave LLC. Show Details
    • On 2012-09-26 a mortgage on this property was transferred from Westdeutsche Immobilienbank Ag to Jade 2Nd Ave LLC. Show Details
    • An Assignment of Leases and Rents was filed on 2012-09-26 Show Details
    • An Assignment of Leases and Rents was filed on 2012-09-26 Show Details
    • A $18,700,000.00 mortgage was taken from The Prudential Insurance Company Of America on 2012-09-26. Show Details
    • A $66,300,000.00 mortgage was taken from The Prudential Insurance Company Of America on 2012-09-26. Show Details
    • An Assignment of Leases and Rents was filed on 2012-09-26 Show Details
    • An Assignment of Leases and Rents was filed on 2012-09-26 Show Details
    • A mortgage agreement for $66,300,000.00 was filed on 2012-09-26 Show Details
    • A $15,600,000.00 mortgage was taken from The Prudential Insurance Company Of America on 2012-09-26. Show Details
    • A mortgage agreement for $18,700,000.00 was filed on 2012-09-26 Show Details
    • A $4,400,000.00 mortgage was taken from The Prudential Insurance Company Of America on 2012-09-26. Show Details
    • A $50,700,000.00 mortgage was taken from The Prudential Insurance Company Of America on 2012-09-26. Show Details
    • A $14,300,000.00 mortgage was taken from The Prudential Insurance Company Of America on 2012-09-26. Show Details
    • A mortgage agreement for $65,000,000.00 was filed on 2012-09-26 Show Details
    • On 2012-09-26 a mortgage on this property was transferred from Westdeutsche Immobilienbank Ag to The Prudential Insurance Company Of America. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2012-10-26. Show Details
    • Initial UCC1 dated 2012-10-05, Secured Party: The Prudential Insurance Company Of America Show Details
    • Initial UCC1 dated 2012-10-05, Secured Party: The Prudential Insurance Company Of America Show Details
    • This property was sold for $1,150,000.00 on 2012-04-18. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-09-13. Show Details
    • Subordination Of Mortgage (Mortgages & Instruments) was filed on 2012-06-28. Show Details
    • A mortgage agreement for $0.00 was filed on 2009-11-06 Show Details
    • A mortgage agreement for $0.00 was filed on 2009-11-06 Show Details
    • A mortgage agreement for $0.00 was filed on 2009-11-06 Show Details
    • A mortgage agreement for $0.00 was filed on 2009-11-06 Show Details
    • A mortgage agreement for $0.00 was filed on 2009-11-06 Show Details
    • A mortgage agreement for $0.00 was filed on 2009-11-06 Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2010-01-11. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2010-01-11. Show Details
    • On 2009-11-06 a mortgage on this property was transferred from The Union Labor Life Insurance Company to Easy 30Th St LLC. Show Details
    • A $4,994,000.00 mortgage was taken from The Union Labor Life Insurance Company on 2009-11-06. Show Details
    • On 2009-11-06 a mortgage on this property was transferred from The Union Labor Life Insurance Company to Jade 2Nd Ave LLC. Show Details
    • A $5,006,000.00 mortgage was taken from The Union Labor Life Insurance Company on 2009-11-06. Show Details
    • A mortgage agreement for $10,000,000.00 was filed on 2009-11-06 Show Details
    • On 2009-11-06 a mortgage on this property was transferred from Easy 30Th St LLC to Westdeutsche Immobilienbank Ag. Show Details
    • On 2009-11-06 a mortgage on this property was transferred from The Union Labor Life Insurance Company to Easy 30Th St LLC. Show Details
    • A $10,892,350.90 mortgage was taken from The Union Labor Life Insurance Company on 2009-11-06. Show Details
    • On 2009-11-06 a mortgage on this property was transferred from Jade 2Nd Ave LLC to Westdeutsche Immobilienbank Ag. Show Details
    • On 2009-11-06 a mortgage on this property was transferred from The Union Labor Life Insurance Company to Jade 2Nd Ave LLC. Show Details
    • A $10,918,523.94 mortgage was taken from The Union Labor Life Insurance Company on 2009-11-06. Show Details
    • Initial UCC1 dated 2009-11-13, Secured Party: Westdeutsche Immobilienbank Ag Show Details
    • An Assignment of Leases and Rents was filed on 2009-11-06 Show Details
    • A mortgage agreement for $65,000,000.00 was filed on 2009-11-06 Show Details
    • On 2009-11-06 a mortgage on this property was transferred from The Union Labor Life Insurance Company to Westdeutsche Immobilienbank Ag. Show Details
    • A $65,000,000.00 mortgage was taken from The Union Labor Life Insurance Company on 2009-11-06. Show Details
    • A mortgage agreement for $86,810,874.84 was filed on 2009-11-06 Show Details
    • Initial UCC1 dated 2008-03-04, Secured Party: The Union Labor Life Insurance Company Show Details
    • A $10,000,000.00 mortgage was taken from The Union Labor Life Insurance Company on 2008-02-15. Show Details
    • A mortgage with Citicorp North America, INC was satisfied on 2006-01-26. Show Details
    • UCC3 Termination dated 2006-02-07, Secured Party: Inc. Citicorp North America, Assignee: Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2005-08-16. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2005-08-16. Show Details
    • An Assignment of Leases and Rents was filed on 2005-07-22 Show Details
    • A mortgage agreement for $90,000,000.00 was filed on 2005-07-22 Show Details
    • A $36,295,577.41 mortgage was taken from The Union Labor Life Insurance Company on 2005-07-22. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2005-08-16. Show Details
    • On 2005-07-22 a mortgage on this property was transferred from F/K/A The New York State Common Retirement Fund & The Common Retirement Fund to The Union Labor Life Insurance Company. Show Details
    • This property was sold for $13,795,329.00 on 2004-07-30. Show Details
    • A mortgage agreement for $39,754,096.00 was filed on 2004-07-30 Show Details
    • On 2004-07-30 a mortgage on this property was transferred from Deutsche Bank Trust Company Americas to Inc. Citicorp North America. Show Details
    • Initial UCC1 dated 2004-08-19, Secured Party: Inc. Citicorp North America Show Details
    • A $820,126,000.00 mortgage was taken from Bankers Trust Company on 2002-05-29. Show Details
    • A Miscellaneous legal document filed on 2001-12-26. Show Details
    • A mortgage agreement for $0.00 was filed on 2000-05-12 Show Details
    • On 2000-05-12 a mortgage on this property was transferred from Inc. Cibc to Union Labor Life Insurance Company & The New York State Common Retirement Fund. Show Details
    • A Miscellaneous legal document filed on 2000-05-12. Show Details
    • A mortgage agreement for $0.00 was filed on 2000-05-12 Show Details
    • A $9,608,172.00 mortgage was taken from Union Labor Life Insurance Company on 2000-05-12. Show Details
    • On 2000-05-12 a mortgage on this property was transferred from Dfd Development Limited Partnership & Kips Bay Developmentlimited Partnership to Union Labor Life Insurance Company & New York State Common Retirement Fund. Show Details
    • A $391,828.00 mortgage was taken from Union Labor Life Insurance Company on 2000-05-12. Show Details
    • A mortgage agreement for $0.00 was filed on 2000-05-12 Show Details
    • A mortgage agreement for $0.00 was filed on 2000-05-12 Show Details
    • A mortgage agreement for $0.00 was filed on 2000-05-12 Show Details
    • A mortgage agreement for $0.00 was filed on 2000-05-12 Show Details
    • A mortgage agreement for $0.00 was filed on 2000-05-12 Show Details
    • Initial UCC1 dated 2000-05-04, Secured Party: Union Labor Life Insurance Company Show Details
    • Initial UCC1 dated 2000-05-04, Secured Party: Union Labor Life Insurance Company Show Details
    • UCC3 Termination dated 2000-05-04, Secured Party: Inc. Cibc, Assignee: Show Details
    • UCC3 Termination dated 2000-05-04, Secured Party: Inc. Cibc, Assignee: Show Details
    • This property was leased on 1999-05-21 Show Details
    • A mortgage agreement for $0.00 was filed on 1999-05-21 Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1999-04-19. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1999-04-19. Show Details
    • A mortgage agreement for $0.00 was filed on 1999-03-31 Show Details
    • A mortgage agreement for $0.00 was filed on 1999-03-31 Show Details
    • This property was leased on 1997-11-05 Show Details
    • On 1998-11-30 a mortgage on this property was transferred from Ltd. Royalton to Inc. Cibc. Show Details
    • A Miscellaneous legal document filed on 1998-11-30. Show Details
    • A Miscellaneous legal document filed on 1998-11-30. Show Details
    • A $26,536,330.00 mortgage was taken from Inc. Cibc on 1998-11-30. Show Details
    • ... and 51 older documents.

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on July 26, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: 326 East 85 Realty, Llc, 328 East 85 Realty, Llc, 419 Lafayette Street #5TH FL, New York, NY 10003
    • Managing Agent: Icon Realty Management Llc, Terrence Lowenberg, 419 Lafayette Street #5TH FL, New York, NY 10003
    • Head Officer: Terrence Lowenberg, 419 Lafayette Street #5TH FL, New York, NY 10003
    • Officer: Todd Cohen, 419 Lafayette Street #5TH FL, New York, NY 10003
    • Site Manager: Jovencio Mercado,

    Lot

    Address
    570 2nd Ave, 10016
    Square Footage
    54,162
    Lot Type
    Corner
    Dimensions
    429.75ft x 126.0ft
    BBL
    1009360001

    Neighborhood

    Neighborhood
    Kips Bay
    Historic District
    N/A
    Community District
    06
    City Council
    2
    Police Precinct
    17
    Fire Company
    L007
    School District
    2
    Census Tract
    70

    Zoning

    Zoning District
    R8
    Commercial Overlay
    C2-5
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $17,500,000
    MV Total
    $47,785,000
    AV Land
    $7,875,000
    AV Total
    $21,503,250

    Floor Area Ratio

    Built FAR
    3.2

    Residential
    Zoned FAR 6.02
    Max 326,055.24 sq. ft.
    Remaining 152,691.24 sq. ft.

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

    Facility
    Zoned FAR 6.5
    Max 352,053.0 sq. ft.
    Remaining 178,689.0 sq. ft.

    Building

    Category
    Theatres
    Class
    Theatre In Mixed-Use Building
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1998
    Alterations
    N/A
    Floors
    2.0
    Residential Units
    0
    Total Units
    6
    Floor Area
    173364
    Basement
    Unknown
    Proximity
    Unknown

    Crime

    This property is located in the 17th Precinct of Manhattan.

    Property Crime

    High
    In 2015 the 17th Precinct saw 1014 felony property crimes (Burglary, Grand Larceny and Grand Larceny of Motor Vehicle) committed per 100,000 residents**. This is lower then the borough's property crime rate, which was 1219 over the same period.

    Violent Crime

    Very low
    In 2015 the 17th Precinct saw 158 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