587 1st Ave
Kips Bay
New York, NY, 10016

Built in 1930 this 4,138 sq.ft. building is 75% Residential, 25% Office Space and contains 6 residential units and 1 non-residential units.

This property is currently Off Market.

    Transit

    • 33rd St Route 6 9 Minute walk, 0.5 Miles
    • Grand Central-42nd St Route GSRoute 4Route 5Route 6Route 7 14 Minute walk, 0.7 Miles
    • 34th St Route BRoute DRoute FRoute MRoute NRoute QRoute R 17 Minute walk, 0.9 Miles
    • 1st Av Route L 19 Minute walk, 1.0 Miles
    • 34th St Route 1Route 2Route 3 20 Minute walk, 1.1 Miles
    • 51st St Route ERoute MRoute 6 24 Minute walk, 1.2 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

    Units at this Address

    PriceUnitLast UpdateStatusPublic Records
    4FOff Market0
    RESOff Market1

    Public Records

    Get a free price estimate for this property to determine how much it should sell for. Start Now

    • An Assignment of Leases and Rents was filed on 2016-01-14 Show Details
    • A mortgage agreement for $17,000,000.00 was filed on 2016-01-14 Show Details
    • A $6,669,323.70 mortgage was taken from The Dime Savings Bank Of Williamsburgh on 2016-01-14. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-02-01. Show Details
    • Initial UCC1 dated 2016-01-25, Secured Party: The Dime Savings Bank Of Williamsburgh Show Details
    • UCC3 Termination dated 2016-01-25, Secured Party: The Dime Savings Bank Of Williamsburgh, Assignee: Show Details
    • This property was sold for $0.00 on 2013-12-31. Show Details
    • Initial UCC1 dated 2013-01-22, Secured Party: The Dime Savings Bank Of Williamsburgh Show Details
    • UCC3 Termination dated 2013-01-22, Secured Party: The Dime Savings Bank Of Williamsburgh, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2013-01-22. Show Details
    • An Assignment of Leases and Rents was filed on 2012-12-28 Show Details
    • A mortgage agreement for $11,000,000.00 was filed on 2012-12-28 Show Details
    • A $1,993,182.46 mortgage was taken from The Dime Savings Bank Of Williamsburgh on 2012-12-28. Show Details
    • Initial UCC1 dated 2011-09-06, Secured Party: The Dime Savings Bank Of Williamsburgh Show Details
    • A mortgage agreement for $0.00 was filed on 2011-08-04 Show Details
    • UCC3 Termination dated 2009-04-28, Secured Party: Citibank, NA, Assignee: Show Details
    • UCC3 Termination dated 2009-04-28, Secured Party: N.A. Citibank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2009-01-29. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2009-01-29. Show Details
    • An Assignment of Leases and Rents was filed on 2008-12-30 Show Details
    • A mortgage agreement for $9,500,000.00 was filed on 2008-12-30 Show Details
    • A $1,006,716.81 mortgage was taken from The Dime Savings Bank Of Williamsburgh on 2008-12-30. Show Details
    • On 2008-12-24 a mortgage on this property was transferred from L.P. First Avenue At 34Th Street Partners to The Dime Savings Bank Of Williamsburgh. Show Details
    • On 2008-12-23 a mortgage on this property was transferred from N.A. Citibank to The Dime Savings Bank Of Williamsburgh. Show Details
    • On 2008-12-23 a mortgage on this property was transferred from N.A. Citibank to The Dime Savings Bank Of Williamsburgh. Show Details
    • Initial UCC1 dated 2009-01-09, Secured Party: The Dime Savings Bank Of Williamsburgh Show Details
    • UCC3 Termination dated 2007-01-16, Secured Party: Inc. Column Financial, Assignee: Show Details
    • Release dated 2006-12-27. Show Details
    • Initial UCC1 dated 2006-02-08, Secured Party: Citibank, NA Show Details
    • An Assignment of Leases and Rents was filed on 2005-09-07 Show Details
    • A mortgage agreement for $1,320,799.18 was filed on 2005-09-07 Show Details
    • On 2005-09-07 the mortgage granted by Citibank, NA was assumed by a new party. Show Details
    • A $1,320,799.18 mortgage was taken from Citibank, NA on 2005-09-07. Show Details
    • A $1,400,000.00 mortgage was taken from L.P First Avenue At 34Th Street Partners on 2005-09-07. Show Details
    • This property was sold for $11,400,000.00 on 2005-09-07. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2005-02-07. Show Details
    • On 2003-07-18 a mortgage on this property was transferred from Inc. Column Financial to Wells Fargo Bank Minnesota, N.A., As Trustee. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2004-08-26. Show Details
    • An Assignment of Leases and Rents was filed on 2004-05-07 Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2004-08-12. Show Details
    • A mortgage agreement for $6,300,000.00 was filed on 2004-05-07 Show Details
    • A $2,636,447.73 mortgage was taken from N.A. Citibank on 2004-05-07. Show Details
    • On 2004-04-05 a mortgage on this property was transferred from Lasalle National Bank to N.A. Citibank. Show Details
    • UCC3 Termination dated 2004-06-24, Secured Party: Lasalle Bank National Association, Assignee: Show Details
    • Initial UCC1 dated 2004-05-26, Secured Party: N.A. Citibank Show Details
    • Tax Lien Sale Certificate (Other Documents) was filed on 2003-08-27. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2003-08-07. Show Details
    • On 2003-07-23 a mortgage on this property was transferred from The Union Labor Life Insurance Company to Inc. Column Financial. Show Details
    • Initial UCC1 dated 2003-07-24, Secured Party: The Union Labor Life Insurance Company Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2002-10-23. Show Details
    • Initial UCC1 dated 2000-10-16, Secured Party: Lasalle Bank National Association Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2000-10-16. Show Details
    • UCC3 Amendment dated 2000-10-16, Secured Party: As Trustee Lasalle Bank National Association Show Details
    • A mortgage agreement for $0.00 was filed on 2000-10-12 Show Details
    • On 2000-10-12 a mortgage on this property was transferred from Lehman Brothers Holdigns Inc. & Lehman Capital Capital to Lasalle Bank National Association. Show Details
    • This property was sold for $0.00 on 2000-09-22. Show Details
    • Release dated 2000-06-15. Show Details
    • On 2000-04-25 a mortgage on this property was transferred from Union Labor Life Insurance Company to Handesdank Bvny LLC. Show Details
    • A $26,975,839.81 mortgage was taken from Union Labor Life Insurance Company on 2000-04-25. Show Details
    • A Miscellaneous legal document filed on 2000-04-25. Show Details
    • A mortgage agreement for $0.00 was filed on 2000-04-25 Show Details
    • A mortgage agreement for $0.00 was filed on 2000-04-25 Show Details
    • A mortgage agreement for $0.00 was filed on 2000-04-25 Show Details
    • On 2000-04-25 a mortgage on this property was transferred from Eastbridge Landing Associates LLC to Union Labor Life Insurance Company. Show Details
    • A Miscellaneous legal document filed on 2000-04-25. Show Details
    • On 1999-02-08 a mortgage on this property was transferred from Lehman Capital & Lehman Brothers Holdings Inc. to Lasalle National Bank As Trustee. Show Details
    • On 1999-02-08 a mortgage on this property was transferred from Lehman Capital & Lehman Brothers Holdings Inc. to Lasalle National Bank As Trustee. Show Details
    • On 1999-02-01 a mortgage on this property was transferred from Keybank National Association to Union Labor Life Insurance Company. Show Details
    • On 1999-02-01 a mortgage on this property was transferred from Keybank National Association to Union Labor Life Insurance Company. Show Details
    • A Miscellaneous legal document filed on 1999-02-01. Show Details
    • A mortgage agreement for $0.00 was filed on 1999-02-01 Show Details
    • On 1999-02-01 a mortgage on this property was transferred from Eastridge Landing Associates L.P. & Envoy Club LLC to Union Labor Life Insurance Company. Show Details
    • A $2,500,000.00 mortgage was taken from Union Labor Life Insurance Company on 1999-02-01. Show Details
    • A mortgage agreement for $0.00 was filed on 1999-02-01 Show Details
    • A $10,000,000.00 mortgage was taken from Union Labor Life Insurance Company on 1999-02-01. Show Details
    • A $10,000,000.00 mortgage was taken from Keybank National Association on 1999-02-01. Show Details
    • On 1999-02-01 a mortgage on this property was transferred from Keybank National Association to Union Labor Life Insurance Company. Show Details
    • On 1999-02-01 a mortgage on this property was transferred from Keybank National Association to Union Labor Life Insurance Company. Show Details
    • On 1999-02-01 a mortgage on this property was transferred from Keybank National Association to Union Labor Life Insurance Company. Show Details
    • A $550,000.00 mortgage was taken from Lehman Capital Div/Lehman Brothers Holdings Inc. & Lehman Brothers Holdings Inc. on 1998-03-26. Show Details
    • A mortgage agreement for $0.00 was filed on 1998-03-26 Show Details
    • A $15,000,000.00 mortgage was taken from Keybank National Association on 1998-01-16. Show Details
    • UCC3 Termination dated 1997-10-23, Secured Party: Arbor National Commercial Mortgage, LLC, Assignee: Show Details
    • Initial UCC1 dated 1997-10-23, Secured Party: Lehman Capital & Lehman Brothers Holdings Inc. Show Details
    • A mortgage agreement for $0.00 was filed on 1997-10-14 Show Details
    • On 1997-10-14 a mortgage on this property was transferred from Arbor National Commercial Mortgage, LLC to Lehman Capital & Inc. Lehman Brothers Holdings. Show Details
    • A Miscellaneous legal document filed on 1997-10-14. Show Details
    • A $700,000.00 mortgage was taken from Lehman Capital & Inc. Lehman Brothers Holdings on 1997-10-14. Show Details
    • On 1997-10-14 a mortgage on this property was transferred from Midparc Associates LLC to Lehman Capital & Lehman Brothers Holdings Inc.. Show Details
    • A $39,626,488.00 mortgage was taken from Keybank National Association on 1997-07-31. Show Details
    • A $7,573,512.00 mortgage was taken from Keybank National Association on 1997-07-31. Show Details
    • On 1997-07-31 a mortgage on this property was transferred from L.P. Eastbridge Landing Associates to Keybank National Association. Show Details
    • A mortgage agreement for $0.00 was filed on 1997-07-31 Show Details
    • On 1997-07-31 a mortgage on this property was transferred from Inc. M & T Real Estate to Keybank National Association. Show Details
    • A Miscellaneous legal document filed on 1997-07-30. Show Details
    • Declaration (Other Documents) was filed on 1997-07-30. Show Details
    • Certificate (Other Documents) was filed on 1997-07-30. Show Details
    • Certificate (Other Documents) was filed on 1997-07-30. Show Details
    • A $2,650,000.00 mortgage was taken from Arbor National Commercial Mortgage, LLC on 1997-07-21. Show Details
    • On 1997-07-21 a mortgage on this property was transferred from Midparc Associates LLC to Arbor National Commercial Mortgage, LLC. Show Details
    • ... and 7 older documents.

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Oct. 31, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: First 34 Realty Llc, 153 W 27Th St #STE 20, New York, NY 10001
    • Managing Agent: Triarch Management Inc, Brandon Goldgrub, 153 W 27Th St #STE 20, New York, NY 10001
    • Head Officer: Steve Tenedios, 153 West 27Th #206, New York, NY 10001
    • Officer: Chris Deangelis, 153 West 27Th Street #STE. 2, New York, NY 10001
    • Site Manager: Igor Khomenets,

    Building Tips

    Lot

    Address
    587 1st Ave, 10016
    Square Footage
    2,198
    Lot Type
    Inside
    Dimensions
    21.08ft x 100.0ft
    BBL
    1009390034

    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
    C1-9A
    Commercial Overlay
    N/A
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    2B
    MV Land
    $547,000
    MV Total
    $2,636,000
    AV Land
    $48,815
    AV Total
    $235,242

    Floor Area Ratio

    Built FAR
    1.88

    Residential
    Zoned FAR 10.0
    Max 21,980.0 sq. ft.
    Remaining 17,842.0 sq. ft.

    Commercial
    Zoned FAR 2.0
    Max 4,396.0 sq. ft.
    Remaining 258.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 21,980.0 sq. ft.
    Remaining 17,842.0 sq. ft.

    Building

    Category
    Walk Up Apartments
    Class
    Old Law Tenement
    Land Use
    Multi-Family Walk-Up Buildings
    Buildings
    1
    Year Built
    1930
    Alterations
    N/A
    Floors
    4.0
    Residential Units
    6
    Total Units
    7
    Floor Area
    4138
    Basement
    Full Basement Below Grade
    Proximity
    Attached

    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