886 Avenue Of The Americas
Midtown South
New York, NY, 10001

Built in 1904 this 62,612 sq.ft. building is 78% Residential, 22% Retail and contains 70 residential units and 2 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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    • Initial UCC1 dated 2014-07-29, Debtor: 1265 Broadway LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • Mortgage And Consolidation (Mortgages & Instruments) was filed on 2014-07-29. Parties: 1265 Broadway LLC, New York Community Bank Show Details
    • 1265 Broadway LLC took a mortgage for $11,317,389.54 from New York Community Bank on 2014-07-09. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2014-07-29. Parties: 1265 Broadway LLC, New York Community Bank Show Details
    • Mortgage Agreement for $26,599,438.72 dated 2010-08-30 between 1265 Broadway LLC and New York Community Bank Show Details
    • Release dated 2008-08-26 between 1265 Broadway LLC & 182 Fifth Avenue LLC and M&T Real Estate Trust Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2008-10-06. Parties: M&T Real Estate Trust, 1265 Broadway LLC & 182 Fifth Avenue LLC Show Details
    • Release dated 2008-08-26 between 123 5Th Avenue LLC & 1265 Broadway LLC and M&T Real Estate Trust Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2008-10-06. Parties: M&T Real Estate Trust, 123 5Th Avenue LLC & 1265 Broadway LLC Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2008-10-06. Parties: Manufacturers And Traders Trust Company Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2008-10-06. Parties: M&T Real Estate Trust Show Details
    • UCC3 Release / UCC Amendment dated 2008-10-02, Debtor: 123 5Th Avenue LLC & 1265 Broadway LLC, Secured Party: M&T Real Estate Trust, Assignee: Show Details
    • UCC3 Release / UCC Amendment dated 2008-10-02, Debtor: 1265 Broadway LLC & 182 Fifth Avenue LLC, Secured Party: M&T Real Estate Trust, Assignee: Show Details
    • UCC3 Termination dated 2008-10-02, Debtor: 1265 Broadway LLC, Secured Party: Manufacturers And Traders Trust Company, Assignee: Show Details
    • UCC3 Termination dated 2008-10-02, Debtor: 1265 Broadway LLC, Secured Party: M&T Real Estate Trust, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 1265 Broadway LLC by New York Community Bank or 2008-08-28 Show Details
    • Mortgage Agreement for $27,200,000.00 dated 2008-08-28 between New York Community Bank and 1265 Broadway LLC Show Details
    • 1265 Broadway LLC took a mortgage for $9,960,889.70 from New York Community Bank on 2008-08-28. Show Details
    • On 2008-08-26 a mortgage on this property was transferred from Manufacturers And Traders Trust Company to New York Community Bank. Show Details
    • On 2008-08-28 a mortgage on this property was transferred from M&T Real Estate Trust to New York Community Bank. Show Details
    • Initial UCC1 dated 2008-09-22, Debtor: 1265 Broadway LLC, Secured Party: New York Community Bank, Assignee: Show Details
    • Initial UCC1 dated 2007-04-17, Debtor: 123 5Th Avenue LLC & 1265 Broadway LLC, Secured Party: M&T Real Estate Trust, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 123 5Th Avenue LLC & 1265 Broadway LLC by M&T Real Estate Trust or 2007-03-28 Show Details
    • Mortgage Agreement for $4,300,000.00 dated 2007-03-28 between 123 5Th Avenue LLC & 1265 Broadway LLC and M&T Real Estate Trust Show Details
    • 123 5Th Avenue LLC & 1265 Broadway LLC took a mortgage for $2,020,160.07 from M&T Real Estate Trust on 2007-03-28. Show Details
    • Initial UCC1 dated 2007-04-12, Debtor: 1265 Broadway LLC & 182 Fifth Avenue LLC, Secured Party: M&T Real Estate Trust, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to 1265 Broadway LLC & 182 Fifth Avenue LLC by M&T Real Estate Trust or 2007-03-28 Show Details
    • Mortgage Agreement for $4,000,000.00 dated 2007-03-28 between 1265 Broadway LLC & 182 Fifth Avenue LLC and M&T Real Estate Trust Show Details
    • 1265 Broadway LLC & 182 Fifth Avenue LLC took a mortgage for $1,583,275.21 from M&T Real Estate Trust on 2007-03-28. Show Details
    • Initial UCC1 dated 2006-09-29, Debtor: 1265 Broadway LLC, Secured Party: Manufacturers And Traders Trust Company, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Manufacturers And Traders Trust Company by 1265 Broadway LLC or 2006-09-20 Show Details
    • 1265 Broadway LLC took a mortgage for $7,500,000.00 from Manufacturers And Traders Trust Company on 2006-09-20. Show Details
    • Initial UCC1 dated 2005-02-24, Debtor: 1265 Broadway LLC, Secured Party: M&T Real Estate Trust, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to by or 2004-07-01 Show Details
    • 123 5Th Avenue LLC & 1265 Broadway LLC & 182 Fifth Avenue LLC took a mortgage for $12,000,000.00 from M&T Real Estate Trust on 2004-07-01. Show Details
    • sold this property to for $15,200,000.00 on 2004-07-01. Show Details
    • Mortgage Agreement for $0.00 dated 1988-10-31 between Garment Textile Etal and 1265 Broadway Assoc Show Details
    • On 1979-02-07 a mortgage on this property was transferred from Dry Dock Savings Bank to Martin Krugman. Show Details
    • Garment Txtl Bsnss Serv took a mortgage for $0.00 from Dry Dock Savings Bank on 1969-01-15. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Sept. 19, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: 1265 Broadway Llc, 1650 Broadway #910, New York, NY 10019
    • Managing Agent: 1265 Broadway Llc, Hersel Torkian, 1650 Broadway #910, New York, NY 10019
    • Head Officer: Hersel Torkian, 1650 Broadway #910, New York, NY 10019
    • Officer: Behrooz Torkian, 1650 Broadway #910, New York, NY 10019
    • Shareholder: Hersel Torkian, 1650 Broadway #910, New York, NY 10019
    • Shareholder: Behrooz Torkian, 1650 Broadway #910, New York, NY 10019
    • Site Manager: John Chu,

    Lot

    Address
    886 Avenue Of The Americas, 10001
    Square Footage
    7,075
    Lot Type
    Through
    Dimensions
    63.42ft x 130.58ft
    BBL
    1008330075

    Neighborhood

    Historic District
    N/A
    Community District
    05
    City Council
    3
    Police Precinct
    14
    Fire Company
    L024
    School District
    2
    Census Tract
    76

    Zoning

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

    Assessment

    Tax Class
    2
    MV Land
    $10,600,000
    MV Total
    $23,457,000
    AV Land
    $4,770,000
    AV Total
    $10,555,650

    Floor Area Ratio

    Built FAR
    8.85

    Residential
    Zoned FAR 10.0
    Max 70,750.0 sq. ft.
    Remaining 8,138.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 106,125.0 sq. ft.
    Remaining 43,513.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 106,125.0 sq. ft.
    Remaining 43,513.0 sq. ft.

    Building

    Category
    Elevator Apartments
    Class
    Elevator Apt; Fireproof With Stores
    Land Use
    Mixed Residential & Commercial Buildings
    Buildings
    1
    Year Built
    1904
    Alterations
    N/A
    Floors
    10.0
    Residential Units
    70
    Total Units
    72
    Floor Area
    62612
    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