721 7th Ave
Midtown
New York, NY, 10019

Built in 1920 this 47,124 sq.ft. building is 95% Office Space, 5% Retail and contains 0 residential units and 2 non-residential units.

This property is currently Off Market.

    Transit

    • 49th St Route NRoute QRoute R 1 Minute walk, 0.1 Miles
    • 50th St Route 1 2 Minute walk, 0.1 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute M 3 Minute walk, 0.2 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute MRoute 7 4 Minute walk, 0.2 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 5 Minute walk, 0.3 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 7 Minute walk, 0.3 Miles
    • 51st St Route ERoute MRoute 6 14 Minute walk, 0.7 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 15 Minute walk, 0.8 Miles

    Schools

    • Elementary School

      • Warning: This property is located near the boundary of it's school zone.
      • P.S. 111 Adolph S. Ochs
        • Grades: PK,0K,01,02,03,04,05,08,SE
        • Principal: Edward Gilligan
        • Phone: 212-582-7420
        • Address: 440 West 53 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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    • This property was sold for $35,658,069.00 on 2014-10-01. Show Details
    • Initial UCC1 dated 2014-12-03, Secured Party: Aareal Capital Corporation Show Details
    • An Assignment of Leases and Rents was filed on 2014-10-20 Show Details
    • A mortgage agreement for $60,000,000.00 was filed on 2014-10-20 Show Details
    • A $28,619,710.36 mortgage was taken from Aareal Capital Corporation on 2014-10-20. Show Details
    • UCC3 Termination dated 2014-11-14, Secured Party: Oritani Finance Company, Assignee: Show Details
    • UCC3 Termination dated 2014-11-14, Secured Party: Oritani Finance Company, Assignee: Show Details
    • UCC3 Termination dated 2014-11-14, Secured Party: Oritani Finance Company, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2014-11-14. Show Details
    • A mortgage with 721 Media Associates LLC & 721 Realty Associates LLC was satisfied on 2014-10-08. Show Details
    • On 2014-10-08 a mortgage on this property was transferred from Oritani Finance Company to Aareal Capital Corporation. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2014-11-14. Show Details
    • This property was sold for $0.00 on 2014-10-20. Show Details
    • Initial UCC1 dated 2013-11-04, Secured Party: Oritani Finance Company Show Details
    • An Assignment of Leases and Rents was filed on 2013-10-23 Show Details
    • A mortgage agreement for $26,000,000.00 was filed on 2013-10-23 Show Details
    • A $6,000,000.00 mortgage was taken from Oritani Finance Company on 2013-10-23. Show Details
    • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2013-09-17. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2012-01-12. Show Details
    • Initial UCC1 dated 2011-07-11, Secured Party: Oritani Finance Company Show Details
    • Initial UCC1 dated 2011-07-11, Secured Party: Oritani Finance Company Show Details
    • An Assignment of Leases and Rents was filed on 2011-06-30 Show Details
    • A mortgage agreement for $15,500,000.00 was filed on 2011-06-30 Show Details
    • A $1,253,724.37 mortgage was taken from Oritani Finance Company on 2011-06-30. Show Details
    • On 2011-06-30 a mortgage on this property was transferred from Inc. Rock-Seventh Ave. to Oritani Finance Company. Show Details
    • UCC3 Termination dated 2011-07-07, Secured Party: Inc. Rock-Seventh Ave., Assignee: Show Details
    • Initial UCC1 dated 2009-12-30, Secured Party: Inc. Rock-Seventh Ave. Show Details
    • A $14,490,000.00 mortgage was taken from Inc. Rock-Seventh Ave. on 2009-12-16. Show Details
    • This property was sold for $22,950,000.00 on 2009-12-16. Show Details
    • UCC3 Termination dated 2008-04-16, Secured Party: Louis Gonzales, Assignee: Show Details
    • Initial UCC1 dated 2005-12-14, Secured Party: Louis Gonzales Show Details
    • A $29,913,639.12 mortgage was taken from Inc. Natrest Funding I on 1999-05-20. Show Details
    • A mortgage with 721 7Th Ave Corp was satisfied on 1987-02-05. Show Details
    • A mortgage with F.R.J. Associates was satisfied on 1987-01-09. Show Details
    • This property was sold for $0.00 on 1986-12-29. Show Details
    • This property was leased on 1987-01-09 Show Details
    • A $0.00 mortgage was taken from F R J Associates on 1979-07-11. Show Details
    • This property was sold for $0.00 on 1979-06-20. Show Details
    • This property was leased on 1977-04-01 Show Details
    • Sundry Mortgage (Mortgages & Instruments) was filed on 1977-04-01. Show Details
    • On 1977-03-16 a mortgage on this property was transferred from 721 7Th Ave Corp to Greenwoch Savings Bank. Show Details
    • This property was sold for $0.00 on 1977-01-18. Show Details
    • A $0.00 mortgage was taken from 721 7Th Ave Corp on 1977-01-18. Show Details
    • This property was sold for $0.00 on 1977-01-18. Show Details
    • This property was sold for $0.00 on 1977-01-18. Show Details
    • This property was sold for $0.00 on 1976-09-21. Show Details
    • This property was sold for $0.00 on 1975-09-15. Show Details
    • This property was sold for $0.00 on 1972-06-20. Show Details
    • This property was leased on 1971-12-02 Show Details
    • A $0.00 mortgage was taken from Natl Bnk Of North Am on 1971-12-02. Show Details
    • On 1970-12-04 a mortgage on this property was transferred from East River Savings Bank to Goldman Sol. Show Details
    • A $0.00 mortgage was taken from Greenwich Savings Bnk on 1970-12-04. Show Details
    • A $0.00 mortgage was taken from Grenwich Savings Bnk on 1970-12-04. Show Details
    • A $0.00 mortgage was taken from Greenwich Savings Bnk on 1970-12-04. Show Details
    • A $0.00 mortgage was taken from Greenwich Sv Bnk on 1970-12-04. Show Details
    • On 1970-12-04 a mortgage on this property was transferred from Rudolph Robert & Marty Pinkwasser & Feinblum Solomon & Kruglin Meyer & William Feinblum & Seymour Feinblum to Greenwich Svng Bnk. Show Details
    • A $0.00 mortgage was taken from The Grenwich Savingsbn on 1970-12-04. Show Details
    • On 1970-12-04 a mortgage on this property was transferred from Goldman Sol to Greenwich Savings Bank. Show Details
    • This property was leased on 1969-12-18 Show Details
    • This property was leased on 1969-10-02 Show Details
    • A $0.00 mortgage was taken from Ammex Realty Co. on 1968-02-13. Show Details
    • This property was sold for $0.00 on 1968-02-13. Show Details

    Lot

    Address
    721 7th Ave, 10019
    Square Footage
    3,355
    Lot Type
    Corner
    Dimensions
    50.33ft x 66.67ft
    BBL
    1010010001

    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
    $5,100,000
    MV Total
    $10,501,000
    AV Land
    $2,295,000
    AV Total
    $4,725,450

    Floor Area Ratio

    Built FAR
    14.05

    Residential
    Zoned FAR 10.0
    Max 33,550.0 sq. ft.
    Remaining -13,574.0 sq. ft.

    Commercial
    Zoned FAR 14.0
    Max 46,970.0 sq. ft.
    Remaining -154.0 sq. ft.

    Facility
    Zoned FAR 14.0
    Max 46,970.0 sq. ft.
    Remaining -154.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Bank Building - Designed Exclusively For Banking
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1920
    Alterations
    N/A
    Floors
    13.0
    Residential Units
    0
    Total Units
    2
    Floor Area
    47124
    Basement
    Full Basement Below Grade
    Proximity
    Unknown

    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