765 1st Ave
Turtle Bay
New York, NY, 10017

Built in 1926 this 15,455 sq.ft. building is 78% Residential, 22% Retail and contains 32 residential units and 1 non-residential units.

This property is currently Off Market.

    Transit

    • Grand Central-42nd St Route GSRoute 4Route 5Route 6Route 7 7 Minute walk, 0.4 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 20 Minute walk, 1.0 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 21 Minute walk, 1.1 Miles
    • 51st St Route ERoute MRoute 6 14 Minute walk, 0.7 Miles

    Schools

    • Elementary School

      • For 2015-2016: Grades K-2 are zoned to PS 281 and Grades 3-5 are zoned to PS 59.
      • The River School
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Jessica Orleans
        • Phone: 212-251-6640
        • Address: 425 East 35Th Street
        • Website: schools.nyc.gov
      • P.S. 059 Beekman Hill International
        • Grades: 0K,01,02,03,04,05,SE
        • Principal: Adele Schroeter
        • Phone: 212-888-7870
        • Address: 231-249 East 56 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 Termination dated 2007-09-11, Debtor: Far East Realty Group LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • UCC3 Termination dated 2007-08-29, Debtor: Far East Realty Group LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • Far East Realty Group LLC Satisfied their Mortgage with New York Community Bank on 2007-06-01. Show Details
    • Far East Realty Group LLC sold this property to 765 First Avenue Property Corporation for $13,000,000.00 on 2006-10-12. Show Details
    • Mortgage Agreement for $2,800,000.00 dated 2004-05-19 between New York Community Bank and Far East Realty Group LLC Show Details
    • Far East Realty Group LLC took a mortgage for $825,900.67 from New York Community Bank on 2004-05-19. Show Details
    • UCC3 Amendment dated 2004-10-13, Debtor: Far East Realty Group LLC, Secured Party: Queens County Savings Bank, Assignee: Show Details
    • Initial UCC1 dated 2004-10-13, Debtor: Far East Realty Group LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • Far East Realty Group LLC. took a mortgage for $2,100,000.00 from Queens County Savings Bank on 1999-09-21. Show Details
    • City Of New York sold this property to Nyc Economic Development Corp. for $0.00 on 1999-04-19. Show Details
    • Nyc Economic Development Corp. sold this property to Far East Realty Group LLC for $0.00 on 1999-04-19. Show Details
    • Initial UCC1 dated 1999-04-30, Debtor: Far East Realty Cgoup LLC., Secured Party: Queens County Savings Bank, Assignee: Show Details
    • UCC3 Termination dated 1992-12-18, Debtor: United Nations Development Corporation, Secured Party: Chemical Bank, Assignee: Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1991-07-24. Parties: United Nations Development Corporation, Chemical Bank Show Details
    • United Nations Dev'Lcp Satisfied their Mortgage with N.A. Citibank on 1986-10-31. Show Details
    • United Nations Dev'Lcp Satisfied their Mortgage with Chemical Bank on 1986-10-31. Show Details
    • United Nations Dev'Lcp Satisfied their Mortgage with Chemical Bank on 1986-10-31. Show Details
    • United Nations Dev'Lcp Satisfied their Mortgage with Chemical Bank on 1986-10-31. Show Details
    • United Nations Deve'L Cp Satisfied their Mortgage with N.A. Citibank on 1986-08-05. Show Details
    • Initial UCC1 dated 1986-07-24, Debtor: United Nations Development Corporation, Secured Party: Chemical Bank, Assignee: Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1986-07-24. Parties: United Nations Dvmtcorp, Chemical Bank Tr. Show Details
    • United Nations Dvlptcp. took a mortgage for $142,072,000.00 from Chemical Bank on 1985-05-22. Show Details
    • Mortgage Agreement for $0.00 dated 1985-03-11 between Chemical Bank and N.A. Citibank Show Details
    • United Nations Dvlpcorp took a mortgage for $7,000,000.00 from Chemical Bank on 1985-03-11. Show Details
    • United Nations Etc. took a mortgage for $133,000,000.00 from N.A. Citibank on 1985-03-11. Show Details
    • Declaration (Other Documents) was filed on 1974-01-18. Parties: United Nations Dvlpmt Show Details
    • United Nations Dvlpmt leased this property from City Of New York on 1973-01-03 Show Details
    • Natchez Inc took a mortgage for $0.00 from Grapel Edward Etal on 1967-05-03. Show Details
    • Grapel Edward sold this property to Natchez Inc for $0.00 on 1967-05-03. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Nov. 29, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: 765 First Avenue Property Corporation, 765 1St Avenue #1A, New York, NY 10017
    • Managing Agent: Muhammad Ismail, 765 1St Avenue #1A, New York, NY 10017
    • Head Officer: Muhammad Ismail, 765 1St Avenue #1A, New York, NY 10017
    • Officer: Ghanim Al-Kuwari, 809 1St Avenue #4TH FI, New York, NY 10017
    • Shareholder: Alya Al Thani, 809 1St Avenue #4TH FL, New York, NY 10017
    • Site Manager: Muhammad Ismail,

    Lot

    Address
    765 1st Ave, 10017
    Square Footage
    3,687
    Lot Type
    Inside
    Dimensions
    50.0ft x 73.75ft
    BBL
    1013360024

    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
    C5-2
    Commercial Overlay
    N/A
    Special Purpose
    U
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    2
    MV Land
    $1,740,000
    MV Total
    $3,090,000
    AV Land
    $783,000
    AV Total
    $1,390,500

    Floor Area Ratio

    Built FAR
    4.19

    Residential
    Zoned FAR 10.0
    Max 36,870.0 sq. ft.
    Remaining 21,415.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 36,870.0 sq. ft.
    Remaining 21,415.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 36,870.0 sq. ft.
    Remaining 21,415.0 sq. ft.

    Building

    Category
    Elevator Apartments
    Class
    Elevator Apt; Miscellaneous
    Land Use
    Multi-Family Elevator Buildings
    Buildings
    1
    Year Built
    1926
    Alterations
    N/A
    Floors
    5.0
    Residential Units
    32
    Total Units
    33
    Floor Area
    15455
    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