787 1st Ave #HOTL
Turtle Bay
New York, NY, 10017

Built in 1977 this 378,202 sq.ft. building is 99% Office Space, 1% Retail and contains 0 residential units and 40 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, 1.1 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 13 Minute walk, 0.7 Miles
    • 5th Av Route BRoute DRoute FRoute MRoute 7 14 Minute walk, 0.8 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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    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-03-01. Show Details
    • Termination Of Agreement (Other Documents) was filed on 2006-03-01. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2001-04-25. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2001-04-25. Show Details
    • On 2001-03-26 a mortgage on this property was transferred from M&C Nevada Hotel Corporation to Hsbc Realty Credit Corporation(Usa). Show Details
    • On 2001-03-26 a mortgage on this property was transferred from M&C Nevada Hotel Corporation to Hsbc Realty Credit Corporation (Usa). Show Details
    • On 2001-03-26 a mortgage on this property was transferred from Rhm-88 LLC to M&C Nevada Hotel Corporation. Show Details
    • A $82,550,000.00 mortgage was taken from M&C Nevada Hotel Corporation on 2001-03-26. Show Details
    • On 2001-03-26 a mortgage on this property was transferred from Inc. Cdl Hotels Usa to M&C Nevada Hotel Corporation. Show Details
    • On 2001-03-26 a mortgage on this property was transferred from Inc. Cdl Hotels Usa to M&C Nevada Hotel Corporation. Show Details
    • On 2001-03-26 a mortgage on this property was transferred from Hsbc Bank Usa to Inc. Cdl Hotels Usa. Show Details
    • On 2001-03-26 a mortgage on this property was transferred from Hsbc Bank Usa to Inc. Cdl Hotels Usa. Show Details
    • On 2000-07-19 a mortgage on this property was transferred from Bank Of East Asia to Cdl Hotels Usa Inc. Show Details
    • On 2000-07-19 a mortgage on this property was transferred from Limited Bank Of East Asia to Inc. Cdl Hotels Usa. Show Details
    • On 2000-07-19 a mortgage on this property was transferred from Inc. Cdl Hotels Usa to Hsbc Bank Usa. Show Details
    • A $27,760,000.00 mortgage was taken from Cdl Hotels Usa Inc on 1999-12-17. Show Details
    • A mortgage agreement for $0.00 was filed on 2000-07-19 Show Details
    • On 1998-08-26 a mortgage on this property was transferred from Rhm-88, LLC to Bank Of East Asia Nybranch. Show Details
    • A $55,000,000.00 mortgage was taken from Bank Of East Asia on 1998-05-27. Show Details
    • This property was sold for $0.00 on 1997-07-23. Show Details
    • This property was sold for $0.00 on 1997-07-23. Show Details
    • A Power of Attorney associated with this address was filed on 1997-10-29 Show Details
    • Maps filed 1997-07-14 Show Details
    • Declaration (Other Documents) was filed on 1997-07-14. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Aug. 29, 2015 and the registration expires Sept. 1, 2016.

    • Corporate Owner: Rhm-88, Llc, 1 Un Plaza, New York, NY 10017
    • Managing Agent: M & C Hotel Interests, Inc, Wah Onn Wong, 1 Un Plaza, New York, NY 10017
    • Head Officer: Wah Onn Wong, 1 Un Plaza, New York, NY 10017
    • Officer: Colin Wang, 7600 E Orchard Rd #230S, Greenwood Villa, CO 80011
    • Site Manager: Arturo Valverde,

    Lot

    Address
    787 1st Ave #HOTL, 10017
    Square Footage
    17,556
    Lot Type
    Dimensions
    100.42ft x 174.83ft
    BBL
    1013377502
    Condo Number
    984

    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
    90

    Zoning

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

    Assessment

    Tax Class
    4
    MV Land
    $16,000,000
    MV Total
    $65,570,000
    AV Land
    $7,200,000
    AV Total
    $29,506,500

    Floor Area Ratio

    Built FAR
    21.54

    Residential
    Zoned FAR 10.0
    Max 175,560.0 sq. ft.
    Remaining -202,642.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 175,560.0 sq. ft.
    Remaining -202,642.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 175,560.0 sq. ft.
    Remaining -202,642.0 sq. ft.

    Building

    Condo Number
    984
    Category
    Condominiums
    Class
    Hotel/Board
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1977
    Alterations
    N/A
    Floors
    39.0
    Residential Units
    0
    Total Units
    40
    Floor Area
    378202
    Basement
    Unknown
    Proximity
    Unknown

    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