592 7th Ave
Midtown
New York, NY, 10036

Built in 2000 this 1,100,000 sq.ft. building is 96% Office Space, 4% Retail and contains 0 residential units and 3 non-residential units.

This property is currently Off Market.

    Transit

    • Times Square 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 10 Minute walk, 0.5 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 2 Minute walk, 0.1 Miles
    • 42nd St Route BRoute DRoute FRoute MRoute 7 3 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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    • 5Ts Acquisition LLC sold this property to 5Ts Acquisition Uo Holdco LLC & 5Ts Acquisition Lo Holdco LLC & 5Ts Acquisition Retail Holdco LLC for $0.00 on 2016-01-21. Show Details
    • 5Ts Acquisition LLC sold this property to Rxr 5Ts Holdings Jv LLC for $0.00 on 2016-01-21. Show Details
    • UCC3 Amendment dated 2016-01-21, Debtor: Rxr 5Ts Owner LLC, Secured Party: Commercial Wachovia Bank Commercial Mortgage Trust & U.S Bank National Association As Trustee, Assignee: Show Details
    • Initial UCC1 dated 2014-06-20, Debtor: Square Acquisition LLC, Secured Party: Commercial Wachovia Bank Commercial Mortgage Trust & As Trustee U.S. Bank National Association, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Square Acquisition LLC by As Trustee U.S. Bank National Association & Wachovia Bank Commercial Mortgage Trust or 2014-06-17 Show Details
    • Mortgage Agreement for $1,139,000,000.00 dated 2014-06-17 between Square Acquisition LLC and Commercial Wachovia Bank Commercial Mortgage Trust & As Trustee U.S. Bank National Association Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2014-06-20. Parties: Commercial Wachovia Bank Commercial Mortgage Trust & Bank Of America, N.A., As Trustee, Commercial Wachovia Bank Commercial Mortgage Trust & As Trustee U.S. Bank National Association Show Details
    • On 2014-04-10 a mortgage on this property was transferred from Commercial Wachovia Bank Commercial Mortgage Trust & Bank Of America, N.A., As Trustee to Commercial Wachovia Bank Commercial Mortgage Trust & As Trustee U.S. Bank National Association. Show Details
    • Mortgage Agreement for $1,391,094,246.00 dated 2014-06-17 between Avr Crossroads, LLC and Square Acquisition LLC Show Details
    • Inc. 42Nd St. Development Project sold this property to The City Of New York for $0.00 on 2012-09-14. Show Details
    • Mortgage Agreement for $0.00 dated 2011-04-29 between Concessions & Consents Nycdot Div. Of Franchises and Metropolitan Transportation Authority Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2009-08-21. Parties: Wells Fargo Bank, N.A., As Trustee, Bank Of America, N.A., As Trustee Show Details
    • On 2009-07-06 a mortgage on this property was transferred from Wells Fargo Bank, N.A., As Trustee to Bank Of America, N.A., As Trustee. Show Details
    • Mortgage Agreement for $0.00 dated 2008-11-25 between 42Nd St. Developement Project, INC and Avr Crossroads, LLC & Sephora Usa, INC Show Details
    • Mortgage Agreement for $0.00 dated 2008-06-23 between N.A. Wells Fargo Bank and Avr Crossroads, LLC & Sephora Usa, INC Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2008-09-30. Parties: National Association Wachovia Bank, As Trustee Wells Fargo Bank N.A. Show Details
    • On 2007-02-23 a mortgage on this property was transferred from National Association Wachovia Bank to Wells Fargo Bank, N.A., As Trustee. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2007-02-23. Parties: Bank Of America Show Details
    • An Assignment of Leases and Rents was granted to Avr Crossroads, LLC by National Association Wachovia Bank or 2007-02-15 Show Details
    • On 2007-02-15 a mortgage on this property was transferred from New York State Urban Development Corporation to National Association Wachovia Bank. Show Details
    • Avr Crossroads, LLC took a mortgage for $1,139,000,000.00 from New York State Urban Development Corporation & National Association Wachovia Bank on 2007-02-15. Show Details
    • Mortgage Agreement for $0.00 dated 2007-02-15 between No. 5 Times Square Development LLC and Avr Crossroads, LLC Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2004-09-21. Parties: As Administrative Agent Fleet National Bank, No. 5 Times Square Development LLC Show Details
    • Mortgage Spreader Agreement (Mortgages & Instruments) was filed on 2004-09-21. Parties: Hines 499 Park LLC & Hines 425 Lexington Avenue LLC & No. 5 Times Square Development LLC, As Administrative Agent Fleet National Bank Show Details
    • Declaration (Other Documents) was filed on 2004-05-24. Parties: No.5 Times Square Development LLC & Inc. 42Nd St. Development Project Show Details
    • Consent (Other Documents) was filed on 2004-05-24. Parties: The City Of New York Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2004-01-20. Parties: Fleet National Bank, No. 5 Times Square Development LLC Show Details
    • Mortgage Spreader Agreement (Mortgages & Instruments) was filed on 2004-01-20. Parties: 731 Residential LLC & 731 Commercial LLC & No. 5 Times Square Development LLC, Fleet National Bank Show Details
    • No. 5 Times Square Development LLC took a mortgage for $265,000,000.00 from As Administrative Agent Fleet National Bank on 2003-06-20. Show Details
    • No. 5 Times Square Development LLC took a mortgage for $118,658,760.00 from As Administrative Agent Fleet National Bank on 2003-06-20. Show Details
    • Mortgage Agreement for $383,658,760.00 dated 2003-06-20 between No. 5 Times Square Development LLC and As Administrative Agent Fleet National Bank Show Details
    • Mortgage Agreement for $0.00 dated 2003-06-06 between No 5 Times Square Development & 770 Broadway Owner LLC and Fleet National Bank Show Details
    • No 5 Times Square Development took a mortgage for $383,658,760.00 from Fleet National Bank on 2003-06-06. Show Details
    • No 5 Times Square Development took a mortgage for $36,341,240.00 from Fleet National Bank on 2003-06-06. Show Details
    • Mortgage Agreement for $0.00 dated 2003-06-06 between No 5 Times Square Development and Fleet National Bank Show Details
    • Mortgage Agreement for $0.00 dated 2003-05-30 between No. 5 Times Square Development LLC and Fleet National Bank Show Details
    • On 2003-05-30 a mortgage on this property was transferred from Fleet National Bank to Fleet National Bank. Show Details
    • Mortgage Agreement for $0.00 dated 2003-04-14 between No. 5 Times Square Development LLC and Fleet National Bank Show Details
    • Mortgage Agreement for $0.00 dated 2003-04-14 between No. 5 Times Square Development LLC and Fleet National Bank Show Details
    • On 2003-04-14 a mortgage on this property was transferred from Fleet National Bank to Fleet National Bank. Show Details
    • No. 5 Time Square Development LLC took a mortgage for $179,164,612.58 from Fleet National Bank on 2003-04-14. Show Details
    • No. 5 Time Square Development LLC took a mortgage for $17,614,659.78 from Fleet National Bank on 2003-04-14. Show Details
    • Mortgage Agreement for $0.00 dated 2003-04-14 between No. 5 Time Square Development LLC and Fleet National Bank Show Details
    • On 2003-04-14 a mortgage on this property was transferred from The Bank Of New York to Fleet National Bank. Show Details
    • On 2003-04-14 a mortgage on this property was transferred from The Bank Of New York to Fleet National Bank. Show Details
    • On 2003-04-14 a mortgage on this property was transferred from The Bank Of New York to Fleet National Bank. Show Details
    • Mortgage Agreement for $0.00 dated 2001-01-30 between The Bank Of New York and No. 5 Times Square Development LLC Show Details
    • Mortgage Agreement for $0.00 dated 2001-01-30 between The Bank Of New York and No. 5 Times Square Development LLC Show Details
    • Mortgage Agreement for $0.00 dated 2001-01-30 between The Bank Of New York and No. 5 Times Square Development LLC Show Details
    • 42Nd St. Developmentproject Inc. granted an easement to New York City Transit Authority & No. 5 Times Square Development LLC on 2001-11-14. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2001-06-01. Parties: New York State Urbandevelopment & Empire State Development Corporation, New York State Urbandevelopment Corporation & Empire State Development Corporation Show Details
    • A Miscellaneous legal document filed on 2001-03-13. Parties: Empire State Development Corporation & New York State Urbandevelopment Corporation and New York State Urbandevelopment Corporation & Empire State Development Corporation Show Details
    • A Miscellaneous legal document filed on 2001-03-13. Parties: Empire State Development Corporation & New York State Urbandevelopment Corporation and New York State Urbandevelopment Corporation & Empire State Development Corporation Show Details
    • Mortgage Agreement for $0.00 dated 2000-12-01 between Times Square Centerassociates & Inc. 42Nd St. Developmentproject & Empire State Development Corporation & New York State Urbandevelopment Corporation and L.P. One Times Square Center Partners Show Details
    • On 2000-03-13 a mortgage on this property was transferred from Angle Ninety LLC to Bank Of New York. Show Details
    • A Miscellaneous legal document filed on 2000-03-13. Parties: Angle Ninety LLC Show Details
    • Bank Of New York & No. 5 Times Square Development LLC took a mortgage for $101,172,438.25 from New York State Urbandevelopment Corporation & Empire State Development Corporation on 2000-03-13. Show Details
    • Bank Of New York & No. 5 Times Square Development LLC took a mortgage for $196,779,272.36 from Empire State Development Corporation & New York State Urbandevelopment Corporation on 2000-03-13. Show Details
    • Bank Of New York & No. 5 Times Square Development LLC took a mortgage for $85,008,340.39 from New York State Urbandevelopment Corporation & Empire State Development Corporation on 2000-03-13. Show Details
    • Mortgage Agreement for $0.00 dated 2000-03-13 between Llp Ernst & Young Us and Bank Of New York Show Details
    • On 2000-03-13 a mortgage on this property was transferred from New York State Urbandevelopment Corporation & Empire State Development Corporation to Bank Of New York. Show Details
    • On 2000-03-13 a mortgage on this property was transferred from Empire State Development Corporation & New York State Urbandevelopment Corporation to Bank Of New York. Show Details
    • On 2000-03-13 a mortgage on this property was transferred from Empire State Development Corporation & New York State Urbandevelopment Corporation to Bank Of New York. Show Details
    • Initial UCC1 dated 2000-03-07, Debtor: No. 5 Times Square Development LLC, Secured Party: Bank Of New York, Assignee: Show Details
    • Initial UCC1 dated 2000-03-07, Debtor: No. 5 Times Square Development LLC, Secured Party: Bank Of New York, Assignee: Show Details
    • Initial UCC1 dated 2000-03-07, Debtor: No. 5 Times Square Development LLC, Secured Party: Bank Of New York, Assignee: Show Details
    • Initial UCC1 dated 2000-03-07, Debtor: No. 5 Times Square Development LLC, Secured Party: Bank Of New York, Assignee: Show Details
    • Initial UCC1 dated 2000-03-07, Debtor: No. 5 Times Square Development LLC, Secured Party: Bank Of New York, Assignee: Show Details
    • Inc. 42Nd St. Devlopmentproject leased this property from No. 5 Times Square Development LLC. on 1999-09-20 Show Details
    • On 1999-09-20 a mortgage on this property was transferred from Prudential Insurancecompany Of America to Chase Manhattan Bank. Show Details
    • Release dated 1999-09-20 between L.P. Four Times Square Center Partners and Prudential Insurancecompany Of America Show Details
    • On 1999-09-20 a mortgage on this property was transferred from Prudential Insuranceco. Of America to Chase Manhattan Bank. Show Details
    • Mortgage Agreement for $0.00 dated 1999-09-20 between L.P. One Times Square Center Partners & Times Square Centerassociates & City Of New York & 3 Times Square Associates, LLC & New York State Urbandevelopment Corporation & Fourt Times Square Associates L.L.C. & L.P. Four Times Square Center Partners and L.P. Six Times Square Center Partners Show Details
    • Four Times Square Center Partners & L.P. One Times Square Center Partners sold this property to Udc for $0.00 on 1999-08-11. Show Details
    • Inc. 42Nd St. Developmentproject leased this property from L.P. Four Times Square Center Partners on 1999-09-20 Show Details
    • Mortgage Agreement for $0.00 dated 1999-09-20 between New York City Transit Authority & No. 5 Times Square Development LLC & Inc. 42Nd St. Developmentproject and City Of New York Show Details
    • A Miscellaneous legal document filed on 1999-09-20. Parties: Times Square Centerassociates & New York State Urbandevelopment Corporation & Inc. 42Nd St. Developmentproject Show Details
    • Mortgage Agreement for $0.00 dated 1999-09-20 between No. 5 Times Square Development LLC & Llp Ernst & Young Us and Inc. 42Nd St. Developmentproject Show Details
    • Mortgage Agreement for $0.00 dated 1999-09-20 between No. 5 Times Square Development LLC and Angle Ninety LLC Show Details
    • On 1999-09-20 a mortgage on this property was transferred from L.P. Four Times Square Center Partners to No.5 Times Square Development LLC.. Show Details
    • On 1999-09-20 a mortgage on this property was transferred from Prudential Insuranceco. Of America to Chase Manhattan Bank. Show Details
    • Llp. Ernst & Young Us leased this property from No. 5 Times Square Development LLC. on 1999-09-20 Show Details
    • Mortgage Agreement for $0.00 dated 1999-09-20 between L.P. Four Times Square Center Partners and Chase Manhattan Bank Show Details
    • On 1999-09-20 a mortgage on this property was transferred from Chase Manhattan Bank to Angle Ninety LLC. Show Details
    • A Miscellaneous legal document filed on 1999-09-20. Parties: Times Square Centerassocaites & City Of New York & 3 Times Square Assocaites, LLC & New York State Urbandevelopment Corporation & L.P. One Times Square Cneter Partners & L.P. Four Times Square Center Partners Show Details
    • L.P. Four Times Square Center Partners took a mortgage for $5,139,949.00 from Prudential Insurancecompany Of America on 1999-09-20. Show Details
    • On 1999-09-20 a mortgage on this property was transferred from Chase Manhattan Bank to Angle Ninety LLC. Show Details
    • L.P. Four Times Square Cneter Partners & L.P. One Times Square Center Partners took a mortgage for $10,991,266.00 from Prudential Insurancecompany Of America on 1999-09-20. Show Details
    • UCC3 Termination dated 1999-09-03, Debtor: L.P. Four Times Square Center Partners, Secured Party: Prudential Insurancecompany Of America, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1999-01-21 between Boston Properties Limited Partnership and L.P. Fourt Times Square Center Partners Show Details
    • A Miscellaneous legal document filed on 1998-11-04. Parties: New York State Urbandevelopment Corporation & Empire State Development Corporation Show Details
    • Mortgage Agreement for $0.00 dated 1998-11-04 between L.P. One Times Square Center Partners & Times Square Centerassociates & City Of New York & New York State Urbandevelopment Corporation & 3 Times Square Associates LLC & Empire State Development Corporation and Four Times Square Center Partners L.P. Show Details
    • Mortgage Agreement for $0.00 dated 1998-11-04 between L.P. One Times Square Center Partners & Inc. 42Nd St. Developmentproject & Times Square Centerassociates & Empire State Development Corporation & New York State Urbandevelopment Corporation & L.P. Four Times Square Center Partners and 3 Times Square Associates, LLC Show Details
    • Mortgage Agreement for $0.00 dated 1996-08-08 between L.P. One Times Square Center Partners & Times Square Centerassociates & City Of New York & New York State Urbandevelopment Corporation & L.P. Three Times Square Cneter Partners & L.P. Four Times Square Center Partners and Four Times Square Associates L.L.C. Show Details
    • Mortgage Agreement for $0.00 dated 1996-08-08 between Inc. 42Nd St. Developmentproject & New York State Urbandevelopment Corporation and Times Square Centerassociates Show Details
    • Declaration (Other Documents) was filed on 1996-08-08. Parties: Empire State Development Corporation & New York State Urbandevelopment Corporation Show Details
    • L.P. Four Times Square Center Partners & L.P. One Times Square Center Partners & L.P. Twelve Times Squarecenter Partners & L.P. Three Times Square Center Partners took a mortgage for $58,800,000.00 from Prudential Insurancecompany Of America on 1996-07-29. Show Details
    • Mortgage Agreement for $0.00 dated 1996-07-29 between New York State Urbandevelopment Corporation & Empire State Development Corporation and L.P. One Times Square Center Partners & Times Square Centerassociates & L.P. Three Times Square Center Partners & L.L.C. Four Times Square Associates & L.P. Four Times Square Center Partners & L.P. Six Times Square Cneter Partners Show Details
    • Mortgage Agreement for $0.00 dated 1996-07-29 between New York State Urbandevelopment Corporation and Inc. 42Nd St. Developmentproject Show Details
    • A Miscellaneous legal document filed on 1996-07-29. Parties: Times Square Centerassociates & Inc. 42Nd St. Developmentproject & New York State Urbandevelopment Corporation & Empire State Development Corporation Show Details
    • ... and 79 older documents.

    Lot

    Address
    592 7th Ave, 10036
    Square Footage
    27,156
    Lot Type
    Corner
    Dimensions
    197.6ft x 150.0ft
    BBL
    1010130029

    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
    C6-7
    Commercial Overlay
    N/A
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $12,792,000
    MV Total
    $555,891,000
    AV Land
    $5,756,400
    AV Total
    $250,150,950

    Floor Area Ratio

    Built FAR
    40.51

    Residential
    Zoned FAR 10.0
    Max 271,560.0 sq. ft.
    Remaining -828,440.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 407,340.0 sq. ft.
    Remaining -692,660.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 407,340.0 sq. ft.
    Remaining -692,660.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Tower Type
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    2000
    Alterations
    N/A
    Floors
    38.0
    Residential Units
    0
    Total Units
    3
    Floor Area
    1100000
    Basement
    Full Basement Below Grade
    Proximity
    Unknown

    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