825 2nd Ave
Turtle Bay
New York, NY, 10017

Built in 1964 this 210,810 sq.ft. building is 94% Residential, 6% Retail and contains 240 residential units and 9 non-residential units.

This property is currently Off Market.

    Transit

    • Grand Central-42nd St Route GSRoute 4Route 5Route 6Route 7 5 Minute walk, 0.3 Miles
    • Lexington Av Route NRoute QRoute RRoute 4Route 5Route 6 18 Minute walk, 0.9 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 19 Minute walk, 1.0 Miles
    • 51st St Route ERoute MRoute 6 10 Minute walk, 0.5 Miles
    • 5th Av Route BRoute DRoute FRoute MRoute 7 13 Minute walk, 0.7 Miles

    Schools

    • Elementary School

      • Warning: This property is located near the boundary of it's school zone.
      • P.S. 116 Mary Lindley Murray
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Jane Hsu
        • Phone: 212-685-4366
        • Address: 210 East 33 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

    Units at this Address

    PriceUnitLast UpdateStatusPublic Records
    10MOff Market0
    2AOff Market0
    18COff Market0
    11DOff Market0
    3JOff Market2
    6LOff Market0
    9DOff Market0
    5EOff Market0
    11HOff Market0
    19EOff Market0

    Public Records

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

    • On 2012-10-11 a mortgage on this property was transferred from Prudential Multifamily Mortgage , LLC to Fannie Mae, C/O PRUDENTIAL MULTIFAMILY, LLC. Show Details
    • Initial UCC1 dated 2012-11-14, Debtor: Olympia House Delaware Lp, Secured Party: Prudential Multifamily Mortgage, LLC, Assignee: Fannie Mae Show Details
    • Mortgage Agreement for $0.00 dated 2012-09-25 between Prudential Multifamily Mortgage, LLC and 45Th Street Parking Corp. & Olympia House Delaware Lp Show Details
    • A Miscellaneous legal document filed on 2012-11-14. Parties: Axa Equitable Life Insurance Company Show Details
    • Mortgage Agreement for $71,000,000.00 dated 2012-10-11 between Olympia House Delaware Lp and Prudential Multifamily Mortgage, LLC Show Details
    • Olympia House Delaware Lp took a mortgage for $6,000,000.00 from Prudential Multifamily Mortgage, LLC on 2012-10-11. Show Details
    • On 2012-10-11 a mortgage on this property was transferred from Axa Equitable Life Insurance Company to Prudential Multifamily Mortgage, LLC. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2012-10-31. Parties: Axa Equitable Life Insurance Company, Olympia House LLC Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2012-08-29. Parties: Olympia House LLC, Axa Equitable Life Insurance Company F/K/A The Equ Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2008-10-22. Parties: Olympia House LLC, Axa Equitable Life Insurance Company, Axa Equitable Life Insurance Company Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-12-27. Parties: Olympia House LLC, Axa Equitable Life Insurance Company & The Equitable Life Assurance Society Of The U.S. Show Details
    • An Assignment of Leases and Rents was granted to Olympia House LLC by Axa Equitable Life Insurance Company & The Equitable Life Assurance Society Of The U.S. or 2007-12-20 Show Details
    • Mortgage Agreement for $65,000,000.00 dated 2007-12-20 between Olympia House LLC and Axa Equitable Life Insurance Company & The Equitable Life Assurance Society Of The U.S. Show Details
    • Olympia House LLC took a mortgage for $20,000,000.00 from Axa Equitable Life Insurance Company & The Equitable Life Assurance Society Of The U.S. on 2007-12-20. Show Details
    • UCC3 Termination dated 2007-04-02, Debtor: Maria C Zanca, Secured Party: United Nations Federal Credit Union, Assignee: Show Details
    • sold this property to for $362,419,501.00 on 2006-02-03. Show Details
    • Release Of Federal Lien (Ucc And Federal Liens) was filed on 2004-08-02. Parties: Claudine Dematos, United States Of America Show Details
    • Initial Coop UCC1 dated 2003-10-31, Debtor: Maria C Zanca, Secured Party: United Nations Federal Credit Union, Assignee: Show Details
    • Federal Lien-Irs (Ucc And Federal Liens) was filed on 2003-08-11. Parties: Claudine Dematos, United States Of America Show Details
    • Mortgage Agreement for $0.00 dated 2002-12-30 between The Equitable Life Assurance Society Of The United and Olympia House LLC & 45Th Street Parking Corp. Show Details
    • Cancellation of Assignment of Leases and Rents was filed on 2003-01-31 Show Details
    • An Assignment of Leases and Rents was granted to The Equitable Life Assurance Society Of The U.S. by Olympia House LLC or 2002-12-30 Show Details
    • Mortgage Agreement for $45,000,000.00 dated 2002-12-30 between and Show Details
    • On 2002-12-30 a mortgage on this property was transferred from Lasalle National Bank to The Equitable Life Assurance Society Of The U.S.. Show Details
    • Olympia House L.L.C. took a mortgage for $30,859,647.53 from The Equitable Life Assurance Society Of The U.S. on 2002-12-30. Show Details
    • Farhad I Hakim & Steven B Elghanayan & Shirley Elghanian-Krayem sold this property to Olympia House L.L.C. for $0.00 on 2002-12-30. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2000-05-09. Parties: Stephenb. Elghanayan & Shirley Elghanian-Krayem & Farhad Isaac Hakim, Lasalle National Bank Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2000-05-09. Parties: Stephenb. Elghanayan & Shirley Elghanian-Krayem & Farhad Isaac Hakim, Lasalle National Bank Show Details
    • Initial UCC1 dated 2000-03-10, Debtor: Gee Youn, INC, Secured Party: Ltd Baker'S World, Assignee: Show Details
    • On 1999-08-11 a mortgage on this property was transferred from German American Capital Corporation to Lasalle National Bank As Trustee. Show Details
    • On 1999-07-19 a mortgage on this property was transferred from German American Capital Corporation to La Salle National Bank. Show Details
    • On 1999-07-19 a mortgage on this property was transferred from Paul Revere Variableannuity Insurance Co. & Paul Revere Life Insurance Co. to German American Capital Corporation. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1999-06-04. Parties: Stephenb. Elghanayan & Shirley Elghanian-Krayem & Farhad Isaac Hakim, German American Capital Corporation, Lasalle National Bank Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1999-06-04. Parties: Stephenb. Elghanayan & Shirley Elghanian-Krayem & Farhad Isaac Hakim, Paul Revere Life Insurance Company & Paul Revere Variableannuity Insurance Company, German American Capital Corporation Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1999-06-04. Parties: Stephenb. Elghanayan & Shirley Elghanian-Krayem & Farhad Isaac Hakim, German American Capital Corporation, Lasalle National Bank Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 1999-06-04. Parties: Stephenb. Elghanayan & Shirley Elghanian-Krayem & Farhad Isaac Hakim, Paul Revere Life Insurance Company & Paul Revere Variableannuity Insurance Co., German American Capital Corporation Show Details
    • On 1999-04-16 a mortgage on this property was transferred from Paul Revere Life Insurance Company & Paul Revere Variableannuity Insurance Company to German American Capital Corporation. Show Details
    • Initial UCC1 dated 1995-06-08, Debtor: Stephenb. Elghanayan & Shirley Elghanian-Krayem & Farhad Isaac Hakim, Secured Party: Paul Revere Life Insurance Company & Paul Revere Variableannuity Insurance Company, Assignee: Show Details
    • Initial UCC1 dated 1995-06-08, Debtor: Stephenb. Elghanayan & Shirley Elghanian-Krayem & Farhad Isaac Hakim, Secured Party: Paul Revere Life Insurance Company & Paul Revere Variableannuity Insurance Co., Assignee: Show Details
    • Release dated 1995-05-11 between John Hancock Mutuallife Insurance Company and Rober Nominee/ Handler & Olympic Estates Inc. Show Details
    • Farhad Issaac Hakim & Steven B. Elqhanayan & Elghanian-Krayem Shirley took a mortgage for $5,107,441.95 from Paul Revere Life Insurance Company & Paul Revere Variableannuity Insurance Comoany on 1995-05-11. Show Details
    • On 1995-05-11 a mortgage on this property was transferred from John Hancock Mutuallife Insurance Company to Paul Revere Life Insurance Company & Paul Revere Variableannuity Insurance Company. Show Details
    • Mortgage Agreement for $0.00 dated 1995-05-11 between Farhad Isaac Hakim & Shirley Elghanian-Krayem & Steven B. Elghanayan and Paul Revere Life Insurance Company & Paul Revere Variableannuity Insurance Company Show Details
    • On 1995-05-11 a mortgage on this property was transferred from Farhad Isaac Hakim & Stevenb. Elighanayan & Shirley Elghanian-Krayem to Paul Revere Life Insurance Company & Paul Revere Variableannuity Insurance Company. Show Details
    • Release dated 1995-05-11 between John Hancock Mutuallife Insurane Company and Robert Nominee/ Handler & Inc. Olympic Estates Show Details
    • On 1995-05-11 a mortgage on this property was transferred from L.P. 44Th Street Associates to Paul Revere Life Insurance Company & Paul Revere Variableannuity Insurance Company. Show Details
    • UCC3 Termination dated 1992-10-09, Debtor: Farhad Isaac Hakim & Steven B Elghanayan & Shirley Krayem Elghanian, Secured Party: Kamran Kakim, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1992-10-09 between 44Th Street Assoc Lp and Farhad Isaac Hakim & Steven B. Elghanayan & Elghanian-Krayem Shirley Show Details
    • Farhad Isaac Hakim & Steven B. Elghanayan & Eighanian-Krayem Shirley took a mortgage for $900,001.00 from 44Th Street Assoc Lp on 1992-10-09. Show Details
    • Elghanian-Krayem Shirley was granted Power of Attorney for Nourollah Elghanayan on 1992-10-09 Show Details
    • On 1992-10-09 a mortgage on this property was transferred from Kamran Hakim to 44Th Street Assoc Lp. Show Details
    • A Miscellaneous legal document filed on 1992-10-09. Parties: Kamran Hakim Show Details
    • A Miscellaneous legal document filed on 1992-03-27. Parties: Farhad Isaac Hakim & Steven Eighanayan & Shirley Eighanayan Show Details
    • On 1991-04-11 a mortgage on this property was transferred from Farhad Isaac Hakim & Steven B. Elghanayan & Elghanian-Krayem Shirley to Kamran Hakim. Show Details
    • Farhad Isaac Hakim & Steven B. Elghanayan & Elghanian-Krayem Shirley took a mortgage for $499,999.00 from Kamran Hakim on 1991-04-11. Show Details
    • Shirley Krayem-Elghanian was granted Power of Attorney for Nourollah Elghanayan on 1991-04-11 Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1991-04-11. Parties: Farhad Hakim & Steven B Elghanayan & Shirley Elghanian-Krayem, Kamran Hakim Show Details
    • Initial UCC1 dated 1991-04-11, Debtor: Farhad Isaac Hakim & Steven B Elghanayan & Shirley Krayem Elghanian, Secured Party: Kamran Kakim, Assignee: Show Details
    • Robert Nom Handler sold this property to Farhad Isaac Hakim & Elghanian-Krayem Shirley & Steven B. Elghanavan for $0.00 on 1990-11-14. Show Details
    • Declaration (Other Documents) was filed on 1990-01-12. Parties: S. Krayem-Elghaninan Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1988-10-04. Parties: Handerl Robert, Dai-Ichi Kangyo Bank Show Details
    • On 1988-06-14 a mortgage on this property was transferred from Dai-Ichi Kangyo Bk to John Hancock Mtl Etal. Show Details
    • Mortgage Agreement for $0.00 dated 1988-06-14 between Dai-Ichi Kangyo Bk and William Lerner & Robert Ull Show Details
    • Mortgage Agreement for $0.00 dated 1988-06-14 between Dai-Ichi Kangyo Bk and William Lerner & Robert Ull Show Details
    • On 1988-06-14 a mortgage on this property was transferred from Dai-Ichi Kangyo Bk to Robert Handler. Show Details
    • On 1988-06-14 a mortgage on this property was transferred from Robert Nom Handler to John Hancock Mutualetal. Show Details
    • On 1988-06-14 a mortgage on this property was transferred from Robert Handler to John Hancock Mtl Etal. Show Details
    • Olympia House Inc Satisfied their Mortgage with William Lerner & Robert Ull on 1988-06-14. Show Details
    • Mortgage Agreement for $0.00 dated 1988-06-14 between Robert Handler and John Hancock Mtl Etal Show Details
    • Robert Handler took a mortgage for $2,600,000.00 from John Hancock Mtl Etal on 1988-06-14. Show Details
    • Uniform Commercial Code 3 (Ucc And Federal Liens) was filed on 1988-06-02. Parties: Robert Nom Handler & Olympia Estates Inc, United States Tr Cony Show Details
    • On 1988-05-20 a mortgage on this property was transferred from United States Tr Cony to Dai-Ichi Kangyo Bk Ltd. Show Details
    • On 1988-05-16 a mortgage on this property was transferred from United States Tr Cony to Dai-Ichi Kangyo Bk. Show Details
    • On 1988-04-05 a mortgage on this property was transferred from United States Tr Cony to Dai-Ichi Kangyo Bk Ltd. Show Details
    • On 1988-04-05 a mortgage on this property was transferred from United States Tr Cony to Dai-Ichi Kangyo Bk. Show Details
    • Mortgage Agreement for $0.00 dated 1987-07-31 between United States Tr Cony and William Lerner & Robert Ull Show Details
    • Mortgage Agreement for $0.00 dated 1987-07-31 between William Lerner & Robert Ull and United States Tr Cony Show Details
    • On 1987-07-31 a mortgage on this property was transferred from Robert Nom Handler to United States Tr Cony. Show Details
    • Robert Nom Handler took a mortgage for $3,933,513.51 from United States Tr Cony on 1987-07-31. Show Details
    • On 1987-07-31 a mortgage on this property was transferred from Crossland Savings FSB to United States Tr Cony. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1987-07-31. Parties: Robert Nom Handler, United States Tr Cony Show Details
    • Olympic Estates Inc & Olympia House Inc Succes sold this property to Robert Handler for $0.00 on 1986-12-29. Show Details
    • William Lerner & Robert Ull leased this property from Olympia House, INC on 1983-08-22 Show Details
    • Inc. Olympia House took a mortgage for $400,000.00 from William Lerner & Robert Ull on 1983-02-15. Show Details
    • Mortgage Agreement for $0.00 dated 1972-07-03 between Olympia House Inc and Greenwich Svgs Bank Show Details
    • Olympia House Inc took a mortgage for $0.00 from Greenwich Svgs Bank on 1972-07-03. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Sept. 2, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: Olympia House Delaware Lp, 12 E 44Th St #6TH, New York, NY 10017
    • Managing Agent: Christopher Lee, 12 East 44 St #6TH FL, New York, NY 10017
    • Head Officer: Steven Elghanayan, 12 East 44 St #6TH FL, New York, NY 10017
    • Officer: Farhad Hakim, 12 East 44 St #6TH FL, New York, NY 10017
    • Site Manager: Edin Gutic,

    Building Tips

    Lot

    Address
    825 2nd Ave, 10017
    Square Footage
    16,000
    Lot Type
    Corner
    Dimensions
    151.0ft x 100.0ft
    BBL
    1013180022

    Neighborhood

    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
    C1-9
    Commercial Overlay
    N/A
    Special Purpose
    T
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    2
    MV Land
    $11,900,000
    MV Total
    $57,567,000
    AV Land
    $5,355,000
    AV Total
    $25,905,150

    Floor Area Ratio

    Built FAR
    13.18

    Residential
    Zoned FAR 10.0
    Max 160,000.0 sq. ft.
    Remaining -50,810.0 sq. ft.

    Commercial
    Zoned FAR 2.0
    Max 32,000.0 sq. ft.
    Remaining -178,810.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 160,000.0 sq. ft.
    Remaining -50,810.0 sq. ft.

    Building

    Category
    Elevator Apartments
    Class
    Elevator Apt; Fireproof With Stores
    Land Use
    Mixed Residential & Commercial Buildings
    Buildings
    2
    Year Built
    1964
    Alterations
    N/A
    Floors
    21.0
    Residential Units
    240
    Total Units
    249
    Floor Area
    210810
    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