86 Canal St
Chinatown
New York, NY, 10002

Built in 2012 this 55,740 sq.ft. building is 43% Office Space, 43% Residential, 13% Retail and contains 89 residential units and 2 non-residential units.

This property is currently Off Market.

    Transit

    • East Broadway Route F 4 Minute walk, 0.2 Miles
    • Grand St Route BRoute D 5 Minute walk, 0.2 Miles
    • Canal St Route JRoute NRoute QRoute RRoute ZRoute 6 8 Minute walk, 0.4 Miles
    • Delancey St Route FRoute JRoute MRoute Z 9 Minute walk, 0.5 Miles
    • Canal St Route ARoute CRoute E 13 Minute walk, 0.7 Miles
    • Chambers St Route JRoute ZRoute 4Route 5Route 6 14 Minute walk, 0.7 Miles
    • Franklin St Route 1 16 Minute walk, 0.8 Miles
    • Chambers St Route ARoute CRoute ERoute 2Route 3 19 Minute walk, 1.0 Miles

    Schools

    • Elementary School

      • Warning: This property is located near the boundary of it's school zone.
      • P.S. 002 Meyer London
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Bessie Ng
        • Phone: 212-964-0350
        • Address: 122 Henry Street
        • Website: schools.nyc.gov
    • Middle School

      • M.S. 131
        • Grades: 06,07,08,SE
        • Principal: Phyllis Tam
        • Phone: 212-219-1204
        • Address: 100 Hester Street
        • Website: schools.nyc.gov
    • High School

      • Citywide High School Choice, students receive priority to Millennium High School (02M418).

    Units at this Address

    PriceUnitLast UpdateStatusPublic Records
    3BOff Market1

    Public Records

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    • Judgment (Other Documents) was filed on 2016-11-22. Parties: Aaron Drazin, Chaim Miller & Shimi Sprei & Sam Sprei & 11-45 Ryerson Holdings LLC & 97 Grand Avenue LLC & Harry Miller Show Details
    • Judgment (Other Documents) was filed on 2016-11-22. Parties: Aaron Drazin, Shimi Sprei & Sam Sprei Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2016-02-25. Parties: 262 West 115 LLC & 234-262 West 122 LLC & Monroe Henry LLC & 437 Manhattan LLC & 2500 Frederick Douglass Blvd LLC & 54 Canal LLC & 85 Delancey Corp. & 2363 Adam Clayton LLC & 86-98 Canal LLC & 5401 Flatlands LLC & 5005-5009 13 LLC & West 161 LLC & 98 Morningside LLC & 95 Delancey LLC & 1987-1993 Coney LLC, Nyc Commons LLC Show Details
    • Judgment (Other Documents) was filed on 2015-12-14. Parties: Aaron Drazin, Shimi Sprei Aka & Sam Sprei Show Details
    • Court Order (Other Documents) was filed on 2015-12-14. Parties: Aaron Drazin, Sam Sprei & 11-45 Ryerson Holdings LLC & Shimi Sprei Aka & Chaim Miller & Harry Miller Aka & 97 Grand Avenue LLC Show Details
    • On 2015-03-17 a mortgage on this property was transferred from New York Community Bank to Nyc Commons LLC. Show Details
    • On 2015-03-17 a mortgage on this property was transferred from New York Community Bank to Nyc Commons LLC. Show Details
    • UCC3 Termination dated 2015-03-23, Debtor: 88 Canal Realty LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • UCC3 Termination dated 2015-03-23, Debtor: 86-98 Canal LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2015-03-23. Parties: New York Community Bank, 88 Canal Realty Inc Show Details
    • An Assignment of Leases and Rents was granted to 88 Canal Realty Inc by Cathay Bank or 2015-03-11 Show Details
    • 88 Canal Realty Inc took a mortgage for $11,000,000.00 from Cathay Bank on 2015-03-11. Show Details
    • Mortgage Agreement for $9,000,000.00 dated 2015-03-11 between 88 Canal Realty Inc and Cathay Bank Show Details
    • On 2015-03-11 a mortgage on this property was transferred from New York Community Bank to Cathay Bank. Show Details
    • Initial UCC1 dated 2015-03-16, Debtor: 88 Canal Realty Inc, Secured Party: Cathay Bank, Assignee: Show Details
    • 88 Canal Realty Inc. sold this property to 88 Canal Realty Inc. for $0.00 on 2014-04-28. Show Details
    • On 2013-10-10 a mortgage on this property was transferred from Nyc Commons LLC to New York Community Bank. Show Details
    • On 2013-10-03 a mortgage on this property was transferred from New York Community Bank to Nyc Commons LLC. Show Details
    • On 2013-06-25 a mortgage on this property was transferred from Nyc Commons LLC to New York Community Bank. Show Details
    • On 2013-06-25 a mortgage on this property was transferred from New York Community Bank to Nyc Commons LLC. Show Details
    • Apprt Breakdwn Office Use Only (Mortgages & Instruments) was filed on 2011-07-25. Parties: Llc. S.B. Interstate Group & 5005-5009 LLC & 234-262 West 122 LLC & 5401 Flatlands LLC & 54 Canal Street LLC & 31 Franklin Avenue LLC & Monroe Henry LLC & 437 Manhattan, LLC & 2263 Adam Clayto LLC & Route 42 Irvington Jr. LLC & 98 Morningside Inc. & 1150 Broadway LLC & 262 West 115 LLC & 86-98 Canal LLC & 1987-1993 Coney LLC & West 161 LLC & Llc. 2500 Frederick Douglas Blvd & 95 Delancey LLC & 1135 Railroad Avenue LLC, New York Community Bank Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2010-07-15. Parties: New York Community Bank, 86-98 Canal LLC. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2010-07-15. Parties: New York Community Bank, 86-98 Canal LLC & 262 West 115 LLC & 1987-1993 Coney LLC. & 234-262 West 122 LLC & 437 Manhattan, LLC & Llc. Route 42 Irvington Jr & 5005-5009 13 LLC & 54 Canal LLC & Inc. 98 Morningside & 2363 Adam Clayton LLC. & 85 Delancey Corp. & Monroe Henry LLC. & 1135 Railroad Avenue LLC & 5401 Flatlands LLC & Llc. S.B. Interstate Group & West 161 LLC & Llc. 2500 Frederick Douglass Blvd & 31 Franklin Avenue LLC. & 95 Delancey LLC & 1150 Broadway LLC. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2010-07-15. Parties: New York Community Bank, 262 West 115 LLC & Llc. 2500 Frederick Douglass Blvd & 1987-1993 Coney LLC. & 234-262 West 122 LLC & 437 Manhattan, LLC & 5005-5009 13 LLC & Inc. 98 Morningside & 2363 Adam Clayton LLC. & 85 Delancey Corp. & Monroe Henry LLC. & 86-98 Canal LLC & 5401 Flatlands LLC & West 161 LLC & 95 Delancey LLC & 54 Canal LLC Show Details
    • Initial UCC1 dated 2010-07-15, Debtor: 88 Canal Realty Inc., Secured Party: New York Community Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 88 Canal Realty Inc. by New York Community Bank or 2010-06-24 Show Details
    • Mortgage Agreement for $9,000,000.00 dated 2010-06-24 between 88 Canal Realty Inc. and New York Community Bank Show Details
    • 86-98 Canal LLC. sold this property to 88 Canal Realty Inc. for $16,500,000.00 on 2010-06-24. Show Details
    • 262 West 115 LLC & 1987-1993 Coney LLC & 437 Manhattan, LLC & Monroe Henry LLC & 5005-5009 13 LLC & 234-262 West 122 LLC & Inc. 98 Morningside & 54 Canal LLC & 85 Delancey Corp. & 2363 Adam Clayton LLC & 5401 Flatlands LLC & West 161 LLC & 2500 Frederick Douglas Blvd, LLC & 95 Delancey LLC & 86-98 Canal LLC took a mortgage for $92,192,184.03 from New York Community Bank on 2010-05-28. Show Details
    • 1150 Broadway LLC & 262 West 115 LLC & 234-262 West 122 LLC & 5401 Flatlands LLC & 437 Manhattan, LLC & 31 Franklin Avenue LLC & Monroe Henry LLC & S.B. Interstate Group, LLC & 5005-5009 13 LLC & 2363 Adam Clayton LLC & Route 42 Irvington Jr. LLC & Inc. 98 Morningside & 54 Canal LLC & 85 Delancey Corp. & 1135 Railroad Avenue LLC & 1987-1993 Coney LLC & West 161 LLC & 2500 Frederick Douglas Blvd, LLC & 95 Delancey LLC & 86-98 Canal LLC took a mortgage for $20,000,000.00 from New York Community Bank on 2010-05-28. Show Details
    • Initial UCC1 dated 2009-04-30, Debtor: 86-98 Canal LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • Certificate (Other Documents) was filed on 2007-09-10. Parties: Old Republic National Title Insurance Company Show Details
    • Zoning Lot Description (Other Documents) was filed on 2007-09-10. Parties: 86-98 Canal LLC Show Details
    • UCC3 Termination dated 2007-04-04, Debtor: Inc. Landmark Property Management, Secured Party: New York Region Cathay Bank, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2007-04-04. Parties: New York Region Cathay Bank, Landmark Property Management Inc. Show Details
    • Initial UCC1 dated 2007-04-02, Debtor: 86-98 Canal LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 86-98 Canal LLC by New York Community Bank or 2007-03-15 Show Details
    • Mortgage Agreement for $16,800,000.00 dated 2007-03-15 between New York Community Bank and 86-98 Canal LLC Show Details
    • 86-98 Canal LLC took a mortgage for $11,378,649.73 from New York Community Bank on 2007-03-15. Show Details
    • On 2007-01-12 a mortgage on this property was transferred from New York Region Cathay Bank to New York Community Bank. Show Details
    • Landmark Realty LLC sold this property to 86-98 Canal LLC for $20,540,000.00 on 2007-03-15. Show Details
    • Landmark Property Management Inc. sold this property to Landmark Realty LLC for $0.00 on 2006-02-28. Show Details
    • Lai Wa G Chen & Bel Chi Satisfied their Mortgage with N.Y. Limited Partnership Canal Realty Associates on 1995-04-15. Show Details
    • An Assignment of Leases and Rents was granted to Cathay Bank by Landmark Property Management Inc. or 2004-08-05 Show Details
    • Landmark Property Management Inc. took a mortgage for $5,600,000.00 from Cathay Bank on 2004-08-05. Show Details
    • Bei Chi To & Lai Wa Cheng sold this property to Landmark Property Management Inc. for $10,200,000.00 on 2004-08-05. Show Details
    • Initial UCC1 dated 2004-08-20, Debtor: Landmark Property Management , INC, Secured Party: Cathay Bank, Assignee: Show Details
    • UCC3 Termination dated 2004-05-06, Debtor: Burt Goldberg, Secured Party: Inc. Wells Fargo Home Mortgage, Assignee: Show Details
    • Canal Realty Associates sold this property to Bei Chi To & Lai Wa Cheng for $0.00 on 1979-12-24. Show Details
    • Bei Chi To & Lai Wa Cheng took a mortgage for $0.00 from Canal Realty Associates on 1979-12-24. Show Details
    • On 1979-08-07 a mortgage on this property was transferred from 86 Canal St Corp to Alfred Tr Levinson. Show Details
    • Poppa Realty Inc sold this property to Canal Realty Associates for $0.00 on 1979-01-19. Show Details
    • Poppa Realty Inc took a mortgage for $0.00 from 86 Canal St Corp on 1978-07-11. Show Details
    • 86 Canal St Corp sold this property to Poppa Realty Inc for $0.00 on 1978-07-11. Show Details

    Lot

    Address
    86 Canal St, 10002
    Square Footage
    5,742
    Lot Type
    Corner
    Dimensions
    100.75ft x 75.0ft
    BBL
    1002920016

    Neighborhood

    Neighborhood
    Chinatown
    Historic District
    N/A
    Community District
    03
    City Council
    1
    Police Precinct
    5
    Fire Company
    L006
    School District
    2
    Census Tract
    16

    Zoning

    Zoning District
    C6-1G
    Commercial Overlay
    N/A
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    2
    MV Land
    $3,434,000
    MV Total
    $6,724,000
    AV Land
    $1,545,300
    AV Total
    $3,025,800

    Floor Area Ratio

    Built FAR
    9.71

    Residential
    Zoned FAR 3.44
    Max 19,752.48 sq. ft.
    Remaining -35,987.52 sq. ft.

    Commercial
    Zoned FAR 6.0
    Max 34,452.0 sq. ft.
    Remaining -21,288.0 sq. ft.

    Facility
    Zoned FAR 6.5
    Max 37,323.0 sq. ft.
    Remaining -18,417.0 sq. ft.

    Building

    Category
    Elevator Apartments
    Class
    Elevator Apt; Semi-Fireproof With Stores
    Land Use
    Mixed Residential & Commercial Buildings
    Buildings
    1
    Year Built
    2012
    Alterations
    N/A
    Floors
    12.0
    Residential Units
    89
    Total Units
    91
    Floor Area
    55740
    Basement
    No Basement
    Proximity
    Attached

    Crime

    This property is located in the 5th Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the 5th Precinct saw 1206 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

    Average
    In 2015 the 5th Precinct saw 517 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