701 7th Ave
Midtown
New York, NY, 10036

Built in 1909 this 40,000 sq.ft. building is 69% Office Space, 31% Retail and contains 0 residential units and 4 non-residential units.

This property is currently Off Market.

    Transit

    • 49th St Route NRoute QRoute R 0 Minute walk, 0.0 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 4 Minute walk, 0.2 Miles
    • 50th St Route 1 3 Minute walk, 0.1 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 14 Minute walk, 0.7 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 6 Minute walk, 0.3 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

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

    • A mortgage agreement for $0.00 was filed on 2016-11-01 Show Details
    • Initial UCC1 dated 2016-11-14, Secured Party: National Association Jpmorgan Chase Bank Show Details
    • Initial UCC1 dated 2016-11-14, Secured Party: National Association Jpmorgan Chase Bank Show Details
    • Initial UCC1 dated 2016-11-14, Secured Party: National Association Jpmorgan Chase Bank Show Details
    • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2016-11-14. Show Details
    • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2016-11-14. Show Details
    • A mortgage agreement for $237,500,000.00 was filed on 2016-11-01 Show Details
    • UCC3 Termination dated 2016-11-14, Secured Party: L.L.C. Starwood Property Mortgage, Assignee: Show Details
    • UCC3 Termination dated 2016-11-14, Secured Party: L.L.C. Starwood Property Mortgage, Assignee: Show Details
    • UCC3 Termination dated 2016-11-14, Secured Party: L.L.C. Starwood Property Mortgage, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2016-11-14. Show Details
    • On 2016-11-01 a mortgage on this property was transferred from L.L.C. Starwood Property Mortgage to National Assocation Jpmorgan Chase Bank. Show Details
    • On 2016-11-01 a mortgage on this property was transferred from L.L.C. Starwood Property Mortgage to National Assocation Jpmorgan Chase Bank. Show Details
    • On 2016-11-01 a mortgage on this property was transferred from L.L.C. Starwood Property Mortgage to National Assocation Jpmorgan Chase Bank. Show Details
    • Initial UCC1 dated 2014-08-28, Secured Party: L.L.C. Starwood Property Mortgage Show Details
    • An Assignment of Leases and Rents was filed on 2014-08-15 Show Details
    • A $27,500,000.00 mortgage was taken from L.L.C. Starwood Property Mortgage on 2014-08-15. Show Details
    • Initial UCC1 dated 2014-08-28, Secured Party: L.L.C. Starwood Property Mortgage Show Details
    • An Assignment of Leases and Rents was filed on 2014-08-15 Show Details
    • A $50,000,000.00 mortgage was taken from L.L.C. Starwood Property Mortgage on 2014-08-15. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2014-04-09. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2014-04-09. Show Details
    • UCC3 Termination dated 2014-03-04, Secured Party: Berkadia Proprietary LLC, Assignee: Show Details
    • UCC3 Termination dated 2014-01-28, Secured Party: Berkadia Proprietary LLC, Assignee: Show Details
    • Initial UCC1 dated 2014-01-27, Secured Party: L.L.C. Starwood Property Mortgage Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2014-01-27. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2014-01-27. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2014-01-27. Show Details
    • An Assignment of Leases and Rents was filed on 2014-01-14 Show Details
    • A mortgage agreement for $237,500,000.00 was filed on 2014-01-14 Show Details
    • On 2014-01-14 a mortgage on this property was transferred from Berkadia Proprietary LLC to L.L.C. Starwood Property Mortgage. Show Details
    • This property was sold for $6,750,000.00 on 2013-03-25. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2013-04-23. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2013-04-17. Show Details
    • On 2013-03-27 a mortgage on this property was transferred from L.P. Spt-Ix 701 Loan Holdings to Berkadia Proprietary LLC. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2013-03-11. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2013-03-05. Show Details
    • On 2013-02-08 a mortgage on this property was transferred from L.P. Spt-Ix 701 Lender to L.P. Spt-Ix 701 Loan Holdings. Show Details
    • Zoning Lot Description (Other Documents) was filed on 2012-11-01. Show Details
    • Certificate (Other Documents) was filed on 2012-11-01. Show Details
    • This property was sold for $48,218,437.50 on 2012-10-17. Show Details
    • This property was sold for $6,001,206.25 on 2012-10-16. Show Details
    • Initial UCC1 dated 2012-11-01, Secured Party: L.P. Spt-Ix 701 Lender Show Details
    • An Assignment of Leases and Rents was filed on 2012-10-16 Show Details
    • A mortgage agreement for $237,500,000.00 was filed on 2012-10-16 Show Details
    • A $231,284,217.20 mortgage was taken from L.P. Spt-Ix 701 Lender on 2012-10-16. Show Details
    • On 2012-10-15 a mortgage on this property was transferred from Safra National Bank Of New York to L.P. Spt-Ix 701 Lender. Show Details
    • Termination Of Lease Or Memo (Other Documents) was filed on 2012-11-01. Show Details
    • This property was sold for $250,000,000.00 on 2012-10-16. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2012-11-01. Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2010-08-02. Show Details
    • Initial UCC1 dated 2007-08-13, Secured Party: Safra National Bank Of New York Show Details
    • UCC3 Termination dated 2007-08-13, Secured Party: N.A. As Trustee Lasalle Bank, Assignee: Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2007-06-29. Show Details
    • An Assignment of Leases and Rents was filed on 2007-06-01 Show Details
    • A mortgage agreement for $800,000.00 was filed on 2007-06-01 Show Details
    • A $3,160,488.89 mortgage was taken from Safra National Bank Of New York on 2007-06-01. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-06-29. Show Details
    • On 2007-05-24 a mortgage on this property was transferred from Capmark Finance Inc. & Gmac Commerical Mortgage Corporation & Lasalle Bank, NA & Registered Holder Of Citigroup Commerical Mortgage to Safra National Bank Of New York. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2006-03-10. Show Details
    • On 2004-04-15 a mortgage on this property was transferred from Emigrant Savings Bank to Lasalle Bank, N.A., As Trustee. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2006-02-03. Show Details
    • UCC3 Termination dated 2006-01-26, Secured Party: Lasalle Bank Na. Assoc. Trustee Regis. Hol., Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2005-12-16. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2005-11-15. Show Details
    • A mortgage agreement for $43,000,000.00 was filed on 2005-06-30 Show Details
    • This property was sold for $74,119,171.00 on 2004-10-29. Show Details
    • On 2004-08-03 a mortgage on this property was transferred from Greenwich Capital Financial Products, INC to As Trustee For The Registered Hol Lasalle Bank Na. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2004-09-01. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2004-05-11. Show Details
    • An Assignment of Leases and Rents was filed on 2003-01-28 Show Details
    • A mortgage agreement for $0.00 was filed on 2003-01-28 Show Details
    • A $4,326,819.32 mortgage was taken from Emigrant Savings Bank on 2003-01-28. Show Details
    • On 2003-01-28 a mortgage on this property was transferred from Emigrant Funding Corporation to Emigrant Savings Bank. Show Details
    • Cancellation of Assignment of Leases and Rents was filed on 2003-03-24 Show Details
    • UCC3 Termination dated 2003-03-07, Secured Party: Emigrant Funding Corp., Assignee: Show Details
    • Initial UCC1 dated 2003-03-06, Secured Party: Emigrant Savings Bank Show Details
    • An Assignment of Leases and Rents was filed on 2002-12-04 Show Details
    • A mortgage agreement for $0.00 was filed on 2002-12-04 Show Details
    • A $12,728,557.22 mortgage was taken from Inc. Greenwich Capital Financial Products on 2002-12-04. Show Details
    • Cancellation of Assignment of Leases and Rents was filed on 2003-02-25 Show Details
    • Cancellation of Assignment of Leases and Rents was filed on 2003-02-25 Show Details
    • Initial UCC1 dated 2003-01-31, Secured Party: Inc. Greenwich Capital Financial Products Show Details
    • On 2002-10-10 a mortgage on this property was transferred from Rockefeller Group, INC to Rockefeller Group International Inc.. Show Details
    • On 2002-10-10 a mortgage on this property was transferred from Rockefeller Group International Inc. to Emigrant Funding Corporation. Show Details
    • On 2002-10-10 a mortgage on this property was transferred from Rock-Forty-Ninth Inc. to Inc. Rockefeller Group. Show Details
    • On 2002-10-10 a mortgage on this property was transferred from Inc. Rockefeller Group to Rockefeller Group International Inc.. Show Details
    • A mortgage agreement for $0.00 was filed on 2002-10-10 Show Details
    • On 2002-10-10 a mortgage on this property was transferred from Rockefeller Group International Inc. to Emigrant Funding Corporation. Show Details
    • A mortgage agreement for $0.00 was filed on 2002-10-10 Show Details
    • A mortgage agreement for $0.00 was filed on 2002-10-10 Show Details
    • A mortgage agreement for $0.00 was filed on 2002-10-10 Show Details
    • On 2002-10-10 a mortgage on this property was transferred from Vimar Realty Corp to Emigrant Funding Corporation. Show Details
    • A mortgage agreement for $0.00 was filed on 2002-10-10 Show Details
    • A mortgage with Inc. Rockefeller Group was satisfied on 2002-10-10. Show Details
    • On 2002-10-10 a mortgage on this property was transferred from Rock-Forty-Ninth Inc. to Rockefeller Group Inc.. Show Details
    • Initial UCC1 dated 2002-08-21, Secured Party: Emigrant Funding Corp. Show Details
    • UCC3 Termination dated 2001-05-08, Secured Party: Bank Of Tokyo-Mitsubishi Trust Company & Bank Of Tokyo Trustcompany, Assignee: Show Details
    • This property was leased on 2000-04-19 Show Details
    • On 2000-03-03 a mortgage on this property was transferred from Algm Leasehold Viiillc & Algm Leasehold Ii LLC & Algm Leasehold Ix LLC & Algm Leasehold Iv LLC & Algm Leasehold Xii LLC & Algm Leasehold Vii LLC & Algm Leasehold Xi LLC & Algm Leasehold Vi LLC & Algm Leasehold X LLC to Salomon Brothers Realty Corp.. Show Details
    • ... and 37 older documents.

    Lot

    Address
    701 7th Ave, 10036
    Square Footage
    16,066
    Lot Type
    Corner
    Dimensions
    160.0ft x 100.42ft
    BBL
    1010000001

    Neighborhood

    Neighborhood
    Midtown
    Historic District
    N/A
    Community District
    05
    City Council
    4
    Police Precinct
    18
    Fire Company
    L004
    School District
    2
    Census Tract
    125

    Zoning

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

    Assessment

    Tax Class
    4
    MV Land
    $24,099,000
    MV Total
    $25,643,000
    AV Land
    $10,844,550
    AV Total
    $11,539,350

    Floor Area Ratio

    Built FAR
    2.49

    Residential
    Zoned FAR 10.0
    Max 160,660.0 sq. ft.
    Remaining 120,660.0 sq. ft.

    Commercial
    Zoned FAR 14.0
    Max 224,924.0 sq. ft.
    Remaining 184,924.0 sq. ft.

    Facility
    Zoned FAR 14.0
    Max 224,924.0 sq. ft.
    Remaining 184,924.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Bank Building - Designed Exclusively For Banking
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1909
    Alterations
    N/A
    Floors
    10.0
    Residential Units
    0
    Total Units
    4
    Floor Area
    40000
    Basement
    Full Basement Below Grade
    Proximity
    Attached

    Crime

    This property is located in the Midtown North Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the Midtown North Precinct saw 3618 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

    High
    In 2015 the Midtown North Precinct saw 603 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