71 5th Ave
Flatiron
New York, NY, 10003

Built in 1907 this 132,121 sq.ft. building is 8% Retail, 92% Other and contains 0 residential units and 33 non-residential units.

This property is currently Off Market.

    Transit

    • Union Square Route LRoute NRoute QRoute RRoute 4Route 5Route 6 3 Minute walk, 0.2 Miles
    • West 4th St Route ARoute BRoute CRoute DRoute ERoute FRoute M 11 Minute walk, 0.6 Miles
    • 14th St Route FRoute LRoute MRoute 1Route 2Route 3 4 Minute walk, 0.2 Miles

    Schools

    • Elementary School

      • Warning: This property is located near the boundary of it's school zone.
      • For 2015-2016: Grades K-1 are zoned to PS 340 and. Grades 2-5 are zoned to PS 40.
      • Sixth Avenue Elementary School
        • Grades: PK,0K,01,02,03,04,05
        • Principal: Patricia Carney
        • Phone: 917-305-1000
        • Address: 590 Sixth Avenue
        • Website: schools.nyc.gov
      • P.S. 040 Augustus Saint-Gaudens
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Susan Felder
        • Phone: 212-475-5500
        • Address: 319 East 19 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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    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2017-04-11. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2017-04-11. Show Details
    • On 2017-03-20 a mortgage on this property was transferred from Bspcc Sub-Lender Iii LLC to Bspcc Sub-Lender I LLC. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2017-03-02. Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2017-03-02. Show Details
    • On 2017-02-21 a mortgage on this property was transferred from Benefit Street Partners Crefinance LLC to Bspcc Sub-Lender Iii LLC. Show Details
    • A mortgage agreement for $0.00 was filed on 2017-02-03 Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2017-03-01. Show Details
    • Initial UCC1 dated 2017-03-01, Secured Party: Mesa West Real Estate Income Fund Iv, LLC Show Details
    • A $10,849,937.50 mortgage was taken from Mesa West Real Estate Income Fund Iv, LLC on 2017-02-03. Show Details
    • Initial UCC1 dated 2017-02-24, Secured Party: Mesa West Real Estate Income Fund Iv, LLC Show Details
    • A $51,400,062.50 mortgage was taken from Mesa West Real Estate Income Fund Iv, LLC on 2017-02-03. Show Details
    • Memorandum Of Lease (Deeds And Other Conveyances) was filed on 2017-02-24. Show Details
    • UCC3 Termination dated 2017-02-21, Secured Party: Commingled Pension Trust Fund Of Jpmorgan Chase, Assignee: Show Details
    • Initial UCC1 dated 2017-02-21, Secured Party: Benefit Street Partners Cre Finance LLC Show Details
    • An Assignment of Leases and Rents was filed on 2017-02-03 Show Details
    • A mortgage agreement for $25,000,000.00 was filed on 2017-02-03 Show Details
    • A $7,000,000.00 mortgage was taken from Benefit Street Partners Cre Finance LLC on 2017-02-03. Show Details
    • On 2017-02-03 a mortgage on this property was transferred from Commingled Pension Trust Fund (Mortgage Private & Trustee Morgan Guaranty Trust Company Of New York to Benefit Street Partners Cre Finance LLC. Show Details
    • This property was sold for $0.00 on 2017-02-03. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2017-02-21. Show Details
    • This property was sold for $125,000,000.00 on 2017-02-03. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2015-11-09. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2010-08-04. Show Details
    • Initial UCC1 dated 2005-12-28, Secured Party: Commingled Pension Trust Fund Show Details
    • An Assignment of Leases and Rents was filed on 2005-12-01 Show Details
    • A mortgage agreement for $18,000,000.00 was filed on 2005-12-01 Show Details
    • A $8,809,820.69 mortgage was taken from Commingled Pension Trust Fund on 2005-12-01. Show Details
    • This property was sold for $0.00 on 2005-11-30. Show Details
    • Initial UCC1 dated 2000-08-08, Secured Party: Morgan Guaranty Trust Company Of New York Show Details
    • On 2000-07-13 a mortgage on this property was transferred from 71 Fifth Avenue Co. to Morgan Guaranty Trust Company Of New York. Show Details
    • A $3,057,014.84 mortgage was taken from Morgan Guaranty Trust Company Of New York on 2000-07-13. Show Details
    • On 2000-07-13 a mortgage on this property was transferred from 71 Fifth Avenue Co. to Morgan Guaranty Trust Company Of New York. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1998-09-18. Show Details
    • A mortgage agreement for $0.00 was filed on 1996-08-07 Show Details
    • A $2,927,921.83 mortgage was taken from Morgan Guaranty Trust Company Of New York As Trste on 1996-08-07. Show Details
    • On 1996-02-15 a mortgage on this property was transferred from 71 Fifth Avenue Co. to Morgan Guaranty Trust Company Of New York. Show Details
    • A mortgage agreement for $0.00 was filed on 1996-02-15 Show Details
    • Initial UCC1 dated 1993-10-28, Secured Party: Morgan Guaranty Trust Company Of New York Show Details
    • A mortgage agreement for $0.00 was filed on 1992-01-22 Show Details
    • This property was leased on 1992-01-22 Show Details
    • A Miscellaneous legal document filed on 1989-10-13. Show Details
    • On 1987-03-17 a mortgage on this property was transferred from 71 Fifth Avenue Co. to Morgan Guaranty Tr.Co/Ny. Show Details
    • A $3,995,103.51 mortgage was taken from Morgan Guaranty Tr.Co/Ny on 1987-03-17. Show Details
    • On 1987-03-17 a mortgage on this property was transferred from Fsb American Savings Bk to Morgan Guaranty Tr Etal. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1987-03-16. Show Details
    • A mortgage agreement for $0.00 was filed on 1979-01-04 Show Details
    • On 1978-12-21 a mortgage on this property was transferred from Sterling Natl Bk & Tr Ny to Empire Savings Bank. Show Details
    • A $0.00 mortgage was taken from Empire Savings Bank on 1978-12-21. Show Details
    • A mortgage agreement for $0.00 was filed on 1977-09-29 Show Details
    • On 1975-08-01 a mortgage on this property was transferred from Roosevelt Savings Bknyc to Sterling Natl Bk & Tr Ny. Show Details
    • A $0.00 mortgage was taken from Sterling Natl Bk & Tr Ny on 1975-08-01. Show Details
    • A mortgage agreement for $0.00 was filed on 1975-08-01 Show Details

    Lot

    Address
    71 5th Ave, 10003
    Square Footage
    12,250
    Lot Type
    Corner
    Dimensions
    77.42ft x 150.0ft
    BBL
    1008420042

    Neighborhood

    Neighborhood
    Flatiron
    Historic District
    Ladies' Mile
    Community District
    05
    City Council
    2
    Police Precinct
    13
    Fire Company
    L003
    School District
    2
    Census Tract
    52

    Zoning

    Zoning District
    C6-4M
    Commercial Overlay
    N/A
    Split Zoning
    Yes
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $13,000,000
    MV Total
    $40,723,000
    AV Land
    $5,850,000
    AV Total
    $18,325,350

    Floor Area Ratio

    Built FAR
    10.79

    Residential
    Zoned FAR 10.0
    Max 122,500.0 sq. ft.
    Remaining -9,621.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 122,500.0 sq. ft.
    Remaining -9,621.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 122,500.0 sq. ft.
    Remaining -9,621.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Bank Building - Designed Exclusively For Banking
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1907
    Alterations
    N/A
    Floors
    11.0
    Residential Units
    0
    Total Units
    33
    Floor Area
    132121
    Basement
    Full Basement Below Grade
    Proximity
    Attached

    Crime

    This property is located in the 13th Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the 13th Precinct saw 1756 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

    Low
    In 2015 the 13th Precinct saw 390 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