58 Hester St
Chinatown
New York, NY, 10002

Built in 1900 this 22,722 sq.ft. building is 83% Residential, 17% Retail and contains 38 residential units and 2 non-residential units.

This property is currently Off Market.

    Transit

    • East Broadway Route F 3 Minute walk, 0.2 Miles
    • Delancey St Route FRoute JRoute MRoute Z 5 Minute walk, 0.3 Miles
    • Canal St Route JRoute NRoute QRoute RRoute ZRoute 6 12 Minute walk, 0.6 Miles
    • Chambers St Route JRoute ZRoute 4Route 5Route 6 16 Minute walk, 0.8 Miles
    • Canal St Route ARoute CRoute E 17 Minute walk, 0.9 Miles
    • Franklin St Route 1 20 Minute walk, 1.0 Miles
    • Chambers St Route ARoute CRoute ERoute 2Route 3 22 Minute walk, 1.1 Miles

    Schools

    • Elementary School

      • P.S. 042 Benjamin Altman
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: May Lee
        • Phone: 212-226-8410
        • Address: 71 Hester Street
        • Website: schools.nyc.gov
    • Middle School

      • Zoned to District 1. No zoned school. Contact 718-935-2383 for more information.
    • High School

      • Citywide High School Choice, students receive priority to Millennium High School (02M418).

    Public Records

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    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2018-01-18. Show Details
    • UCC3 Termination dated 2013-03-04, Secured Party: Cathay Bank, Assignee: Show Details
    • A mortgage with Cathay Bank was satisfied on 2013-02-21. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2013-02-11. Show Details
    • Subordination Of Mortgage (Mortgages & Instruments) was filed on 2013-02-11. Show Details
    • Initial UCC1 dated 2013-02-11, Secured Party: Bellwether Enterprise Real Estate Capital LLC Show Details
    • A Miscellaneous legal document filed on 2013-02-11. Show Details
    • A $14,900,000.00 mortgage was taken from Bellwether Enterprise Real Estate Capital LLC on 2013-01-25. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2012-05-09. Show Details
    • A $667,748.00 mortgage was taken from The City Of New York on 2009-06-24. Show Details
    • A mortgage agreement for $0.00 was filed on 2007-05-18 Show Details
    • A mortgage agreement for $0.00 was filed on 2007-05-18 Show Details
    • A $3,800,000.00 mortgage was taken from Department Of Housing Preservation And Development & City Of New York on 2007-05-18. Show Details
    • A mortgage with Inc. Enterprise Community Loan Fund was satisfied on 2007-05-18. Show Details
    • Initial UCC1 dated 2007-10-01, Secured Party: Cathay Bank Show Details
    • A $3,000,000.00 mortgage was taken from Inc. Enterprise Community Loan Fund on 2007-05-10. Show Details
    • A $4,700,000.00 mortgage was taken from Cathay Bank on 2007-05-10. Show Details
    • This property was sold for $8,600,000.00 on 2007-05-10. Show Details
    • A mortgage agreement for $0.00 was filed on 2002-04-02 Show Details
    • On 2002-04-02 a mortgage on this property was transferred from Federal Home Loan Mortgage Corporation to Dime Savings Bank Ofwilliamsburgh. Show Details
    • On 2002-04-02 a mortgage on this property was transferred from Elko Management Ltd. to Dime Savings Bank Ofwilliamsburgh. Show Details
    • A Miscellaneous legal document filed on 2002-04-02. Show Details
    • A $564,945.61 mortgage was taken from Dime Savings Bank Ofwilliamsburgh on 2002-04-02. Show Details
    • Initial UCC1 dated 2002-03-14, Secured Party: Dime Savings Bank Ofwilliamsburgh Show Details
    • UCC3 Termination dated 2002-03-07, Secured Party: Federal Home Loan Mortgage Corp, Assignee: Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1997-09-10. Show Details
    • Initial UCC1 dated 1992-09-15, Secured Party: Federal Home Loan Mortgage Corp Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1988-01-14. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1988-01-14. Show Details
    • On 1988-01-12 a mortgage on this property was transferred from N.A. Eastbank to Federal Home Ln Mtgecp. Show Details
    • On 1988-01-12 a mortgage on this property was transferred from Elm Associates to N.A. Eastbank. Show Details
    • On 1988-01-12 a mortgage on this property was transferred from Rachel Ostrowitz to N.A. Eastbank. Show Details
    • A mortgage agreement for $0.00 was filed on 1988-01-12 Show Details
    • A $374,121.45 mortgage was taken from Eastbank N.A. on 1988-01-12. Show Details
    • On 1985-02-28 a mortgage on this property was transferred from Abraham Margolis to Rachel Ostrowitz. Show Details
    • A $0.00 mortgage was taken from Abraham Margolis on 1981-05-04. Show Details
    • This property was sold for $0.00 on 1981-05-04. Show Details
    • This property was sold for $0.00 on 1972-10-31. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Aug. 16, 2018 and the registration expires Sept. 1, 2019.

    • Corporate Owner: Chinatown Preservation Hdfc Inc, 141 Norfolk St #G/FL, New York, NY 10002
    • Managing Agent: Stanton Norfolk Inc, Hsueh Lam Yan, 141 Norfolk St #G/FL, New York, NY 10002
    • Head Officer: Jennifer Sun, 2 Allen Street #7/FL, New York, NY 10002
    • Officer: Thomas Yu, 141 Norfolk Street #G/FL, New York, NY 10002
    • Site Manager: Nicolas Cosme,

    Lot

    Address
    58 Hester St, 10002
    Square Footage
    5,325
    Lot Type
    Inside
    Dimensions
    66.75ft x 80.0ft
    BBL
    1002980015

    Neighborhood

    Neighborhood
    Chinatown
    Historic District
    N/A
    Community District
    03
    City Council
    1
    Police Precinct
    7
    Fire Company
    E015
    School District
    2
    Census Tract
    16

    Zoning

    Zoning District
    C6-2
    Commercial Overlay
    N/A
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    2
    MV Land
    $805,000
    MV Total
    $3,134,000
    AV Land
    $362,250
    AV Total
    $1,410,300

    Floor Area Ratio

    Built FAR
    4.27

    Residential
    Zoned FAR 6.02
    Max 32,056.5 sq. ft.
    Remaining 9,334.5 sq. ft.

    Commercial
    Zoned FAR 6.0
    Max 31,950.0 sq. ft.
    Remaining 9,228.0 sq. ft.

    Facility
    Zoned FAR 6.5
    Max 34,612.5 sq. ft.
    Remaining 11,890.5 sq. ft.

    Building

    Category
    Walk Up Apartments
    Class
    Walk-Up Apt. Over Six Families With Stores
    Land Use
    Mixed Residential & Commercial Buildings
    Buildings
    1
    Year Built
    1900
    Alterations
    N/A
    Floors
    6.0
    Residential Units
    38
    Total Units
    40
    Floor Area
    22722
    Basement
    Full Basement Below Grade
    Proximity
    Semi-Attached

    Crime

    This property is located in the 7th Precinct of Manhattan.

    Property Crime

    High
    In 2015 the 7th Precinct saw 906 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

    Average
    In 2015 the 7th Precinct saw 457 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).