940 Madison Ave

Built in 1922 this 12,580 sq.ft. building is 38% Retail, 38% Office Space, 24% Other and contains 0 residential units and 1 non-residential units.

This property is currently Off Market.

    Transit

    • 77th St Route 6 6 Minute walk, 0.3 Miles
    • Lexington Av Route F 15 Minute walk, 0.8 Miles
    • 72nd St Route BRoute C 16 Minute walk, 0.8 Miles
    • 59th St Route ARoute BRoute CRoute DRoute 1 23 Minute walk, 1.2 Miles
    • 72nd St Route 1Route 2Route 3 22 Minute walk, 1.2 Miles

    Schools

    • Elementary School

      • P.S. 006 Lillie D. Blake
        • Grades: 0K,01,02,03,04,05,SE
        • Principal: Lauren Fontana
        • Phone: 212-737-9774
        • Address: 45 East 81 Street
        • Website: schools.nyc.gov
    • Middle School

      • J.H.S. 167 Robert F. Wagner
        • Grades: 06,07,08,SE
        • Principal: Jennifer Rehn
        • Phone: 212-535-8610
        • Address: 220 East 76 Street
        • Website: schools.nyc.gov
    • High School

      • Citywide High School Choice

    Public Records

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    • Initial UCC1 dated 2017-06-02, Secured Party: Manufacturers And Traders Trust Company Show Details
    • Collateral Mortgage (Mortgages & Instruments) was filed on 2017-06-02. Show Details
    • A mortgage with Manufacturers And Traders Trust Company was satisfied on 2017-02-23. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2017-03-01. Show Details
    • Initial UCC1 dated 2015-07-10, Secured Party: Manufacturers And Traders Trust Company Show Details
    • A mortgage agreement for $7,000,000.00 was filed on 2015-06-17 Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2014-09-25. Show Details
    • A mortgage agreement for $0.00 was filed on 2014-05-09 Show Details
    • Initial UCC1 dated 2014-04-11, Secured Party: Manufacturers And Traders Trust Company Show Details
    • A mortgage agreement for $2,600,000.00 was filed on 2014-03-27 Show Details
    • A mortgage agreement for $2,600,000.00 was filed on 2014-03-27 Show Details
    • Initial UCC1 dated 2014-04-11, Secured Party: Manufacturers And Traders Trust Company Show Details
    • An Assignment of Leases and Rents was filed on 2014-03-27 Show Details
    • A mortgage agreement for $12,500,000.00 was filed on 2014-03-27 Show Details
    • On 2014-03-27 a mortgage on this property was transferred from M&T Real Estate Trust to Manufacturers And Traders Trust Company. Show Details
    • A mortgage agreement for $9,798,245.83 was filed on 2011-11-01 Show Details
    • Initial UCC1 dated 2010-05-28, Secured Party: M&T Real Estate Trust Show Details
    • This property was leased on 2000-11-07 Show Details
    • This property was sold for $0.00 on 2001-01-17. Show Details
    • On 2001-02-12 a mortgage on this property was transferred from Khedouri Ezair Corp. & 940 Madison Associates, LLC to Inc. M&T Real Estate. Show Details
    • A $12,500,000.00 mortgage was taken from Inc. M&T Real Estate on 2001-02-12. Show Details
    • Initial UCC1 dated 2001-02-01, Secured Party: Inc. M & T Real Estate Show Details
    • This property was leased on 1998-09-30 Show Details
    • Landmark Designation (Other Documents) was filed on 1982-07-02. Show Details

    Lot

    Address
    940 Madison Ave, 10021
    Square Footage
    5,108
    Lot Type
    Corner
    Dimensions
    102.17ft x 50.0ft
    BBL
    1013890017

    Neighborhood

    Neighborhood
    Upper East Side
    Historic District
    Upper East Side
    Community District
    08
    City Council
    4
    Police Precinct
    19
    Fire Company
    E044
    School District
    2
    Census Tract
    130

    Zoning

    Zoning District
    C5-1
    Commercial Overlay
    N/A
    Special Purpose
    M
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $4,000,000
    MV Total
    $18,968,000
    AV Land
    $1,800,000
    AV Total
    $8,535,600

    Floor Area Ratio

    Built FAR
    2.46

    Residential
    Zoned FAR 10.0
    Max 51,080.0 sq. ft.
    Remaining 38,500.0 sq. ft.

    Commercial
    Zoned FAR 4.0
    Max 20,432.0 sq. ft.
    Remaining 7,852.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 51,080.0 sq. ft.
    Remaining 38,500.0 sq. ft.

    Building

    Category
    Store Buildings
    Class
    Store Building; Two-Story Or Store/Office
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1922
    Alterations
    N/A
    Floors
    2.0
    Residential Units
    0
    Total Units
    1
    Floor Area
    12580
    Basement
    Full Basement Below Grade
    Proximity
    Semi-Attached

    Crime

    This property is located in the 19th Precinct of Manhattan.

    Property Crime

    Average
    In 2015 the 19th Precinct saw 768 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 19th Precinct saw 115 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).