685 3rd Ave
Turtle Bay
New York, NY, 10017

Built in 1960 this 559,755 sq.ft. building is 95% Office Space, 5% Retail and contains 0 residential units and 57 non-residential units.

This property is currently Off Market.

    Transit

    • Grand Central-42nd St Route GSRoute 4Route 5Route 6Route 7 3 Minute walk, 0.1 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 16 Minute walk, 0.8 Miles
    • 51st St Route ERoute MRoute 6 8 Minute walk, 0.4 Miles
    • 5th Av Route BRoute DRoute FRoute MRoute 7 10 Minute walk, 0.5 Miles

    Schools

    • Elementary School

      • 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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    • An Assignment of Leases and Rents was granted to T-C 685 Third Avenue Owner LLC by Metropolitan Life Insurance Company or 2015-03-18 Show Details
    • T-C 685 Third Avenue Owner LLC took a mortgage for $40,000,000.00 from Metropolitan Life Insurance Company on 2015-03-18. Show Details
    • T-C 685 Third Avenue LLC sold this property to T-C 685 Third Avenue Owner LLC for $0.00 on 2015-03-18. Show Details
    • Initial UCC1 dated 2015-03-24, Debtor: T-C 685 Third Avenue Owner LLC, Secured Party: Metropolitan Life Insurance Company, Assignee: Show Details
    • T-C 685 Third Avenue Member LLC & T-C 685 Third Avenue LLC sold this property to 125 Separate Unit Holders Under Poa & Future Fund Board Of Guardians for $100,332,536.13 on 2011-01-25. Show Details
    • UCC3 Termination dated 2010-09-27, Debtor: Pfizer Inc., Secured Party: New York City Industrial Development Agency, Assignee: Show Details
    • Termination Of Lease Or Memo (Other Documents) was filed on 2010-09-27. Parties: New York City Industrial Development Agency, Pfizer Inc. Show Details
    • Termination Of Lease Or Memo (Other Documents) was filed on 2010-09-27. Parties: Pfizer Inc., New York City Industrial Development Agency Show Details
    • Pfizer Inc. Satisfied their Mortgage with New York City Industrial Development Agency on 2008-06-24. Show Details
    • Pfizer Inc. sold this property to T-C 685 Third Avenue LLC for $190,000,000.00 on 2010-07-30. Show Details
    • Initial UCC1 dated 2008-05-20, Debtor: Isabel Russell, Secured Party: Peguero & Associates M.G. Inc., Assignee: Show Details
    • Llp Greenberg Traurig & P.A. Greenberg Traurig & P.C. Greenberg Traurig Of New York sold this property to Pfizer Inc. for $300,000.00 on 2005-04-30. Show Details
    • Llp Greenberg Traurig & P.A. Greenberg Traurig & P.C. Greenberg Traurig Of New York sold this property to Pfizer Inc. for $1,410,000.00 on 2004-09-24. Show Details
    • Houlihan Lokey Howard & Zukin Financial Advisors sold this property to Pfizer Inc. for $3,000,000.00 on 2004-11-10. Show Details
    • Competitive Media Reporting LLC sold this property to Pfizer Inc. for $3,600,000.00 on 2004-10-12. Show Details
    • sold this property to for $75,000.00 on 2004-09-30. Show Details
    • Pfizer Inc. took a mortgage for $0.00 from New York City Industrial Development Agency on 2003-12-01. Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2004-11-08. Parties: Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2004-11-08. Parties: New York City Industrial Development Agency, Pfizer Inc. Show Details
    • Edward G Petraglia & Stephen J Fearson & Christopher Calrsen & Desmond R Barry & Frank A Silane & Jennifer J Johnston & Evelyn D Sahr & Andrew T Houghton & Steven C Rickman & Stephen R Stegich & Michael J Holland & Andrew Harakas & Thomas J Whalen & Diane W Wilson & Katherine B Posner & Rod D Margo & Marshall S Turner & Kevin Sutherland & Llp Condon & Forsyth & Chris R Christensen sold this property to Inc. Pfizer for $4,000,000.00 on 2004-07-30. Show Details
    • Llp Pitney Hardin /Limited Liability Partnership sold this property to Inc Pfizer for $1,500,000.00 on 2004-07-29. Show Details
    • Solomon And Weinberg Llp, LLC sold this property to Pfizer Inc. for $2,060,500.00 on 2004-06-16. Show Details
    • Liddle & Robinson Llp sold this property to Pfizer Inc. for $3,050,000.00 on 2004-06-28. Show Details
    • Initial Coop UCC1 dated 2004-02-02, Debtor: Pfizer Inc., Secured Party: New York City Industrial Development Agency, Assignee: Show Details
    • California State Teachers' Retirement System sold this property to Inc. Pfizer for $250,000,000.00 on 2003-06-05. Show Details
    • A Miscellaneous legal document filed on 2001-10-23. Parties: Commissioner Of Finance Of The City Of New York Show Details
    • Release dated 2001-01-05 between Landesbank Hessen-Thuringen Girozentrale and 685 Acquisition LLC Show Details
    • Release dated 2001-01-05 between Landesbank Hessen-Thuringen Girozentrale and 685 Acquisition LLC Show Details
    • Release dated 2001-01-05 between Landesbank Hessen-Thuringen Girozentrale and 685 Acquisition LLC Show Details
    • 685 Acquisition LLC sold this property to California State Teachers Retirement System for $0.00 on 2000-12-14. Show Details
    • Mortgage Agreement for $0.00 dated 2001-01-04 between 375 Park Avenue LLC & 685 Acquisition LLC and Landesbank Hessen-Thuringen Girozentrale Show Details
    • Mortgage Agreement for $0.00 dated 2001-01-04 between 375 Park Avenue LLC & 685 Acquisition LLC and Landesbank Hessen-Thuringen Girozentrale Show Details
    • Mortgage Agreement for $0.00 dated 2001-01-04 between 375 Park Avenue LLC & 685 Acquisition LLC and Landesbank Hessen-Thuringen Girozentrale Show Details
    • A Miscellaneous legal document filed on 2001-01-04. Parties: Fleet National Bank Show Details
    • On 2001-01-04 a mortgage on this property was transferred from Fleet National Bank to Landesbank Hessen-Thuringen Girozentrale. Show Details
    • On 2001-01-04 a mortgage on this property was transferred from Fleet National Bank to Landesbank Hessen-Thuringen Girozentrale. Show Details
    • On 2001-01-04 a mortgage on this property was transferred from Nationalassociation Fleet Bank to Landesbank Hessen-Thuringen Girozentrale. Show Details
    • Mortgage Agreement for $0.00 dated 1999-09-10 between Inc. Winstar Communications and Fleet Bank Show Details
    • Initial UCC1 dated 1999-08-30, Debtor: 685 Acquisition LLC, Secured Party: Nationalassociation Fleet Bank, Assignee: Show Details
    • Initial UCC1 dated 1999-08-11, Debtor: 685 Acquisition LLC, Secured Party: Nationalassociation Fleet Bank, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1999-08-03 between Inc. Winstar Communications and Lehman Capital & Lehman Brothers Holdings Inc. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1999-07-30. Parties: 685 Acquisition LLC, Lehman Brothers Holdings Inc., Nat'L Association As Admin. Agent Fleet Bank Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1999-07-30. Parties: 685 Acquisition LLC, Lehman Brothers Holdings Inc., Nat'L Association As Admin. Agent Fleet Bank Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1999-07-30. Parties: 685 Acquisition LLC, Lehman Brothers Holdings Inc., Nat'L Association As Admin. Agent Fleet Bank Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1999-07-30. Parties: 685 Acquisiton LLC, Lehman Brothers Holdings Inc., Nat'L Association As Admin. Agent Fleet Bank Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1999-07-30. Parties: 685 Acquisition LLC, Lehman Brothers Holdings Inc, Nat'L Association As Admin. Agent Fleet Bank Show Details
    • 685 Acquisition LLC. took a mortgage for $21,896,800.31 from N.A. Fleet Bank on 1999-07-13. Show Details
    • On 1999-07-13 a mortgage on this property was transferred from Lehman Bros. Holdings Inc. to Fleet Bank. Show Details
    • On 1999-07-13 a mortgage on this property was transferred from Lehman Bros. Holdings Inc. to Nationalassociation Fleet Bank. Show Details
    • On 1999-07-13 a mortgage on this property was transferred from Lehman Brothers Holdings Inc. to Fleet Bank. Show Details
    • 685 Acquisition LLC. took a mortgage for $28,385,105.00 from N.A. Fleet Bank on 1999-07-13. Show Details
    • On 1999-07-13 a mortgage on this property was transferred from Lehman Bros. Holdings Inc. to Nationalassociation Fleet Bank. Show Details
    • On 1999-07-13 a mortgage on this property was transferred from Lehman Bros. Holdings Inc. to Mationalassociation Fleet Bank. Show Details
    • On 1999-07-13 a mortgage on this property was transferred from Lehman Bros. Holdings Inc. to Nationalassoiation Fleet Bank. Show Details
    • Mortgage Agreement for $0.00 dated 1999-07-13 between Nationalassociation Fleet Bank and 685 Acquisition LLC Show Details
    • Initial UCC1 dated 1999-04-16, Debtor: 685 Acquisiton LLC, Secured Party: Lehman Brothers Holdings Inc., Assignee: Show Details
    • On 1999-04-12 a mortgage on this property was transferred from 685 Acquisition LLC to Lehman Capital & Lehman Brothers Holdings Inc.. Show Details
    • 685 Acquisition LLC took a mortgage for $5,000,000.00 from Lehman Capital & Lehman Brothers Holdings Inc. on 1999-04-12. Show Details
    • On 1999-03-24 a mortgage on this property was transferred from 685 Acquisition LLC to Lehman Capital & Lehman Brothers Holdings Inc.. Show Details
    • 685 Acquisition LLC took a mortgage for $5,000,000.00 from Lehman Capital & Lehman Brothers Holdings Inc. on 1999-03-24. Show Details
    • Initial UCC1 dated 1999-03-19, Debtor: 685 Acquisition LLC, Secured Party: Lehman Brothers Holdings Inc., Assignee: Show Details
    • Initial UCC1 dated 1999-02-19, Debtor: 685 Acquisition LLC, Secured Party: Lehman Brothers Holdings Inc., Assignee: Show Details
    • Initial UCC1 dated 1999-02-19, Debtor: 685 Acquisition LLC, Secured Party: Lehman Brothers Holdings Inc., Assignee: Show Details
    • 685 Acquisition LLC took a mortgage for $25,000,000.00 from Lehman Capital & Lehman Brothers Holdings Inc. on 1999-02-10. Show Details
    • On 1999-02-10 a mortgage on this property was transferred from 685 Acquisition LLC to Lehman Capital & Lehman Brothers Holdings Inc.. Show Details
    • On 1998-06-16 a mortgage on this property was transferred from 685 Acquisition LLC to Lehman Capital & Lehman Borthers Holdings Inc.. Show Details
    • 685 Acquisition LLC took a mortgage for $25,000,000.00 from Lehman Capital & Lehman Brothers Holdings Inc. on 1998-06-16. Show Details
    • A Miscellaneous legal document filed on 1998-04-21. Parties: Commissioner Of Finance Of The City Of New York Show Details
    • On 1997-08-21 a mortgage on this property was transferred from 685 Acquisition LLC to Lehman Capital & Lehman Brothers Holdings Inc.. Show Details
    • Inc. Professional Data Management & 685 Third Avenue Co. sold this property to 685 Acquisition LLC for $0.00 on 1997-06-30. Show Details
    • Initial UCC1 dated 1997-08-15, Debtor: 685 Acquisition LLC, Secured Party: Lehman Brothers Holdings Inc, Assignee: Show Details
    • 685 Acquisition LLC. took a mortgage for $52,000,000.00 from Lehman Capital & Lehman Brothers Holdings Inc. on 1997-08-14. Show Details
    • Mortgage Agreement for $0.00 dated 1996-04-25 between Grand Central District Management Association, INC and New York City Department Of Transportation Show Details
    • American Home Products Corporation sold this property to Inc. Professional Data Management for $0.00 on 1994-05-20. Show Details
    • A Miscellaneous legal document filed on 1994-05-11. Parties: Inc. Grand Central District Mgmt Assn Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 1990-01-30. Parties: American Home Prodcts Cp, Gruner & Jehr Publishg Show Details
    • On 1982-03-15 a mortgage on this property was transferred from Arnold Grossman & Martin Mark to Visual Images Ltd.. Show Details
    • Arnold Grossman & Martin Mark leased this property from Brucarla Bldg Corp Agent & American/Home/Produ/Corp on 1982-03-15 Show Details
    • Parents Mag Dv Gruner&Ja leased this property from American Home Prodscorp on 1980-05-05 Show Details

    Lot

    Address
    685 3rd Ave, 10017
    Square Footage
    31,129
    Lot Type
    Corner
    Dimensions
    201.0ft x 155.0ft
    BBL
    1013170001

    Neighborhood

    Neighborhood
    Turtle Bay
    Historic District
    N/A
    Community District
    06
    City Council
    4
    Police Precinct
    17
    Fire Company
    E021
    School District
    2
    Census Tract
    88

    Zoning

    Zoning District
    C5-3
    Commercial Overlay
    N/A
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $39,700,000
    MV Total
    $156,146,000
    AV Land
    $17,865,000
    AV Total
    $70,265,700

    Floor Area Ratio

    Built FAR
    17.98

    Residential
    Zoned FAR 10.0
    Max 311,290.0 sq. ft.
    Remaining -248,465.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 466,935.0 sq. ft.
    Remaining -92,820.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 466,935.0 sq. ft.
    Remaining -92,820.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Office Building; Tower Type
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1960
    Alterations
    N/A
    Floors
    27.0
    Residential Units
    0
    Total Units
    57
    Floor Area
    559755
    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