885 Avenue Of The Americas #ROU
Midtown South
New York, NY, 10001

Built in 2008 this 401,085 sq.ft. building is 82% Residential, 12% Retail, 6% Garage Space and contains 337 residential units and 1 non-residential units.

This property is currently Off Market.

    Transit

    • 34th St Route BRoute DRoute FRoute MRoute NRoute QRoute R 1 Minute walk, 0.0 Miles
    • 34th St Route 1Route 2Route 3 3 Minute walk, 0.2 Miles
    • 34th St Route ARoute CRoute E 8 Minute walk, 0.4 Miles
    • Times Square-42nd St Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 9 Minute walk, 0.5 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 12 Minute walk, 0.6 Miles
    • 14th St Route FRoute LRoute MRoute 1Route 2Route 3 15 Minute walk, 0.8 Miles
    • Grand Central Route GSRoute 4Route 5Route 6Route 7 16 Minute walk, 0.8 Miles

    Schools

    • Elementary School

      • P.S. 033 Chelsea Prep
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Chingchien Wang
        • Phone: 212-244-6426
        • Address: 281 9 Avenue
        • 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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    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 2016-04-29. Parties: Tower 111, LLC, A New York Limited Liability Compa, A New York Co Metropolitan Life Insurance Company Show Details
    • Mortgage Agreement for $0.00 dated 2013-03-18 between N.A. Td Bank and Metropolitan Life Insurance Company Show Details
    • Mortgage Agreement for $0.00 dated 2012-04-11 between Metropolitan Life Insurance Company and Golf & Body Nyc, LLC Show Details
    • UCC3 Termination dated 2011-08-05, Debtor: Tower 111, LLC, Secured Party: N.A. Bank Of America, Assignee: Show Details
    • UCC3 Termination dated 2011-08-05, Debtor: Tower 111, LLC, Secured Party: N.A. Bank Of America, Assignee: Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2011-08-05. Parties: Tower 111, LLC & Metropolitan Life Insurance Company, N.A. Bank Of America Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2011-08-05. Parties: The Board Of Managers Of The Tower Iii Condo, Metropolitan Life Insurance Company Show Details
    • Initial UCC1 dated 2011-08-05, Debtor: Tower 111, LLC, Secured Party: Metropolitan Life Insurance Company, Assignee: Show Details
    • Subordination Of Mortgage (Mortgages & Instruments) was filed on 2011-08-05. Parties: Metropolitan Life Insurance Company, Tower 111, LLC Show Details
    • An Assignment of Leases and Rents was granted to Tower 111, LLC by Metropolitan Life Insurance Company or 2011-08-01 Show Details
    • Mortgage Agreement for $185,000,000.00 dated 2011-08-01 between Tower 111, LLC and Metropolitan Life Insurance Company Show Details
    • Tower 111, LLC took a mortgage for $23,000,000.00 from Metropolitan Life Insurance Company on 2011-08-01. Show Details
    • On 2011-08-01 a mortgage on this property was transferred from N.A. Bank Of America to Metropolitan Life Insurance Company. Show Details
    • On 2011-08-01 a mortgage on this property was transferred from N.A. Bank Of America to Metropolitan Life Insurance Company. Show Details
    • On 2011-08-01 a mortgage on this property was transferred from N.A. Bank Of America to Metropolitan Life Insurance Company. Show Details
    • On 2011-08-01 a mortgage on this property was transferred from N.A. Bank Of America to Metropolitan Life Insurance Company. Show Details
    • On 2011-08-01 a mortgage on this property was transferred from N.A. Bank Of America to Metropolitan Life Insurance Company. Show Details
    • Maps filed 2011-04-28 Show Details
    • Amended Condo Declaration (Other Documents) was filed on 2011-04-28. Parties: Tower 111, LLC Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Sept. 10, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: Tower 111 Llc D/B/A The Continental, 90 Woodbridge Center Drive #6TH FL, Woodbridge, NJ 07095
    • Managing Agent: 885 Avenue Of Americas Management Company, Alan Schall, 885 6Th Ave, New York, NY 10001
    • Head Officer: Alan Schall, 90 Woodbridge Center Drive #6TH FL, Woodbridge, NJ 07095
    • Officer: Gonen Paradis, 90 Center Dr, Woodbridge, NJ 07095
    • Site Manager: Joseph Cervini,

    Building Tips

    Lot

    Address
    885 Avenue Of The Americas #ROU, 10001
    Square Footage
    18,104
    Lot Type
    Dimensions
    141.67ft x 197.5ft
    BBL
    1008077502
    Condo Number
    2199

    Neighborhood

    Neighborhood
    NeighborhoodContent object
    Historic District
    N/A
    Community District
    05
    City Council
    3
    Police Precinct
    14
    Fire Company
    L024
    School District
    2
    Census Tract
    101

    Zoning

    Zoning District
    C6-6
    Commercial Overlay
    N/A
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $1,108,085
    MV Total
    $16,000,000
    AV Land
    $498,638
    AV Total
    $7,200,000

    Floor Area Ratio

    Built FAR
    22.15

    Residential
    Zoned FAR 10.0
    Max 181,040.0 sq. ft.
    Remaining -220,045.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 271,560.0 sq. ft.
    Remaining -129,525.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 271,560.0 sq. ft.
    Remaining -129,525.0 sq. ft.

    Building

    Condo Number
    2199
    Category
    Condominiums
    Class
    Retail Space
    Land Use
    Mixed Residential & Commercial Buildings
    Buildings
    1
    Year Built
    2008
    Alterations
    N/A
    Floors
    53.0
    Residential Units
    337
    Total Units
    338
    Floor Area
    401085
    Basement
    Unknown
    Proximity
    Unknown

    Crime

    This property is located in the Midtown South Precinct of Manhattan.

    Property Crime

    Very high
    In 2015 the Midtown South Precinct saw 11196 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

    Very high
    In 2015 the Midtown South Precinct saw 2014 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