589 8th Ave
Clinton
New York, NY, 10018

Built in 1927 this 112,700 sq.ft. building is 96% Office Space, 4% Retail and contains 0 residential units and 26 non-residential units.

This property is currently Off Market.

    Transit

    • 42nd St Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 1 Minute walk, 0.1 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 16 Minute walk, 0.8 Miles
    • 42nd St Route BRoute DRoute FRoute MRoute 7 8 Minute walk, 0.4 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 Assignment (Ucc And Federal Liens) was filed on 2013-12-17. Parties: Tower 39 Associates LLC, Keybank National Association, North American Company For Life And Heath Ins. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2013-12-17. Parties: Keybank National Association, North American Company For Life & Health Insurance Show Details
    • On 2013-10-18 a mortgage on this property was transferred from Keybank National Association to North American Company For Life & Health Insurance. Show Details
    • UCC3 Amendment dated 2013-10-03, Debtor: Tower 39 Associates LLC, Secured Party: Keybank National Association, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Tower 39 Associates LLC by Keybank National Association or 2013-09-19 Show Details
    • Mortgage Agreement for $20,000,000.00 dated 2013-09-19 between Tower 39 Associates LLC and Keybank National Association Show Details
    • Tower 39 Associates LLC took a mortgage for $13,700,000.00 from Keybank National Association on 2013-09-19. Show Details
    • Initial UCC1 dated 2013-08-06, Debtor: Tower 38 Associates LLC, Secured Party: Keybank National Association, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Tower 38 Associates LLC by Keybank National Association or 2013-06-28 Show Details
    • Mortgage Agreement for $6,300,000.00 dated 2013-06-28 between Tower 38 Associates LLC and Keybank National Association Show Details
    • Tower 38 Associates LLC took a mortgage for $295,180.94 from Keybank National Association on 2013-06-28. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2013-08-06. Parties: U.S. Bank National Association, Tower 39 Associates LLC Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2013-08-06. Parties: Bank Of America, N.A.,, U.S. Bank National Association Show Details
    • On 2013-06-27 a mortgage on this property was transferred from U.S. Bank National Association to Keybank National Association. Show Details
    • U.S. Bank National Association was granted Power of Attorney for National Association Wells Fargo Bank on 2013-04-10 Show Details
    • On 2013-06-28 a mortgage on this property was transferred from Bank Of America, N.A., to U.S. Bank National Association. Show Details
    • UCC3 Termination dated 2004-04-23, Debtor: Tower 39 Associates, LLC, Secured Party: Summit Bank, Assignee: Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2004-02-02. Parties: Inc. Bear Sterns Commercial Mortgage, As Trustee Lasalle Bank National Association Show Details
    • On 2003-10-14 a mortgage on this property was transferred from Inc. Bear Sterns Commercial Mortgage to As Trustee Lasalle Bank National Association. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2004-01-21. Parties: Tower 39 Associates LLC, Inc. Bear Stearns Commercial Mortgage, As Trustee Lasalle Bank National Association Show Details
    • Initial UCC1 dated 2003-07-28, Debtor: Tower 39 Associates LLC, Secured Party: Bear Stearns Commerical Morgage Inc, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2003-07-23. Parties: Fleet National Bank, Tower 39 Associates LLC Show Details
    • On 2003-06-18 a mortgage on this property was transferred from Fleet National Bank to Inc. Bear Stearns Commercial Mortgage. Show Details
    • An Assignment of Leases and Rents was granted to Inc. Bear Stearns Commercial Mortgage by Tower 39 Associates LLC or 2003-06-27 Show Details
    • Mortgage Agreement for $8,000,000.00 dated 2003-06-27 between Tower 39 Associates LLC and Inc. Bear Stearns Commercial Mortgage Show Details
    • Tower 39 Associates LLC took a mortgage for $1,738,876.44 from Inc. Bear Stearns Commercial Mortgage on 2003-06-27. Show Details
    • Tower 39 Associatesllc took a mortgage for $1,832,029.59 from Summit Bank on 2000-06-01. Show Details
    • On 2000-06-01 a mortgage on this property was transferred from Hsbc Bank Usa to Summit Bank. Show Details
    • Mortgage Agreement for $0.00 dated 2000-06-01 between Tower 39 Associatesllc and Summit Bank Show Details
    • Eighth Avenue Loft Associates sold this property to Tower 39 Associatesllc for $0.00 on 2000-05-12. Show Details
    • On 2000-06-01 a mortgage on this property was transferred from Tower 39 Associatesllc to Summit Bank. Show Details
    • A Miscellaneous legal document filed on 2000-06-01. Parties: Hsbc Bank Usa Show Details
    • Initial UCC1 dated 2000-05-31, Debtor: Tower 39 Associatesllc, Secured Party: Summit Bank, Assignee: Show Details
    • UCC3 Termination dated 2000-05-22, Debtor: Eighth Avenue Loft Associates, Secured Party: Marine Midland Bank, Assignee: Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1999-12-07. Parties: Eighth Avenue Loft Associates, Marine Midland Bank Show Details
    • On 1996-09-12 a mortgage on this property was transferred from River Bank America to Na Marine Midland Bank. Show Details
    • On 1996-09-12 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: Eighth Avenue Loft Associates, River Bank America, Marine Midland Bank Show Details
    • Initial UCC1 dated 1995-02-14, Debtor: Eighth Avenue Loft Associates, Secured Party: River Bank America, Assignee: Show Details
    • On 1994-12-16 a mortgage on this property was transferred from Inc. Barclaysamerican/Business Credit to East River Savings Bank. Show Details
    • Eighth Ave Loft Assoc took a mortgage for $2,050,250.00 from East River Svgs Bk on 1988-11-29. Show Details
    • On 1988-11-29 a mortgage on this property was transferred from Eighth Ave Loft Assoc to East River Savings Bk. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1988-08-29. Parties: Eighth Ave Loft Assoc, Barclays American Etc Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1988-08-03. Parties: Eight Ave Loft Asoc, Barclays Amrc Busnssetc Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1988-08-01. Parties: Eight Ave Loft Assocs, East River Svgs Bk Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1986-12-30. Parties: Eighth Ave Loftassoc, Barclays American/ Etal Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1984-12-21. Parties: Eighth Ave Loft Assoc. Show Details
    • On 1984-12-21 a mortgage on this property was transferred from Emigrant Savings Bank to Barclaysamerican/Bus.Etc. Show Details
    • On 1984-12-21 a mortgage on this property was transferred from Eighth Ave Loft Assoc. to Barclaysamerican/Etc.. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1984-12-21. Parties: Eighth Ave Loft Assoc. Show Details
    • On 1984-12-21 a mortgage on this property was transferred from Eighth Ave Loft Assoc. to Barclays-Amer/Busnssetc. Show Details
    • Mortgage Agreement for $270,000.00 dated 1984-12-21 between Eighth Ave Loft Assoc. and Barclays Amercn/Bus.Etc Show Details
    • Mortgage Agreement for $0.00 dated 1984-12-21 between Eighth Ave Loft Assoc. and Barclays Americn/Bus.Etc Show Details
    • Eighth Ave Loft Assoc. took a mortgage for $1,904,996.66 from Barclays Amercn/Bus.Etc on 1984-12-21. Show Details
    • On 1983-09-26 a mortgage on this property was transferred from Eighth Ave. Loft Assoc. to Emigrant Savings Bank. Show Details
    • Mortgage Agreement for $0.00 dated 1983-09-19 between Eighth Ave Loft Assoc. and Emigrant Savings Bank Show Details
    • Eighth Ave Loft Assoc. took a mortgage for $510,655.95 from Emigrant Savings Bank on 1983-09-19. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1983-09-19. Parties: Eighth Ave Loft Assoc. Show Details
    • Mortgage Agreement for $0.00 dated 1981-12-11 between Eighth Avenue Loft Etal and Emigrant Savings Bkaka & Emigrant Industrialetal Show Details
    • Louis J Glickman sold this property to Eighth Ave Loft Assoc for $0.00 on 1977-12-02. Show Details
    • On 1977-12-02 a mortgage on this property was transferred from Louis J Glickman to Sheldon Farber. Show Details
    • Eighth Ave Loft Assoc took a mortgage for $0.00 from Louis J Glickman on 1977-12-02. Show Details
    • Louis J Glickman leased this property from Heidelberg Realty Corp on 1977-11-29 Show Details
    • 8Th Ave 39Th St Corp sold this property to Louis J Glickman for $0.00 on 1977-11-29. Show Details
    • Skinny Deli Corp leased this property from Heidelberg Realty Corp on 1976-08-17 Show Details
    • Mortgage Agreement for $0.00 dated 1971-05-04 between Heidelberg Realty Corp & 8Th Ave-39Th St Corp and Emigrant Savings Bank Show Details
    • On 1971-05-04 a mortgage on this property was transferred from Bowery Savings Bank to Emigrant Savings Bank. Show Details
    • 589 Pizza Corp leased this property from Heidelberg Realty Corp on 1966-07-11 Show Details

    Lot

    Address
    589 8th Ave, 10018
    Square Footage
    4,942
    Lot Type
    Corner
    Dimensions
    49.42ft x 100.0ft
    BBL
    1007620042

    Neighborhood

    Neighborhood
    Clinton
    Historic District
    N/A
    Community District
    04
    City Council
    3
    Police Precinct
    14
    Fire Company
    L021
    School District
    2
    Census Tract
    115

    Zoning

    Zoning District
    M1-6
    Commercial Overlay
    N/A
    Special Purpose
    G
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $3,040,000
    MV Total
    $19,995,000
    AV Land
    $1,368,000
    AV Total
    $8,997,750

    Floor Area Ratio

    Built FAR
    22.8

    Residential
    Zoned FAR 0.0
    Max 0.0 sq. ft.
    Remaining -112,700.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 49,420.0 sq. ft.
    Remaining -63,280.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 49,420.0 sq. ft.
    Remaining -63,280.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Tower Type
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1927
    Alterations
    N/A
    Floors
    23.0
    Residential Units
    0
    Total Units
    26
    Floor Area
    112700
    Basement
    Full Basement Below Grade
    Proximity
    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