975 1st Ave #COM1
Midtown East
New York, NY, 10022

Built in 1941 this 45,871 sq.ft. building is 80% Residential, 17% Retail, 3% Office Space and contains 59 residential units and 2 non-residential units.

This property is currently Off Market.

    Transit

    • Lexington Av-53rd St Route ERoute MRoute 6 6 Minute walk, 0.3 Miles
    • Lexington Av Route F 17 Minute walk, 0.9 Miles
    • Lexington Av Route NRoute QRoute RRoute 4Route 5Route 6 12 Minute walk, 0.6 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute M 20 Minute walk, 1.0 Miles

    Schools

    • Elementary School

      • P.S. 059 Beekman Hill International
        • Grades: 0K,01,02,03,04,05,SE
        • Principal: Adele Schroeter
        • Phone: 212-888-7870
        • Address: 231-249 East 56 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

    Public Records

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    • Initial UCC1 dated 2004-04-12, Debtor: 54 Satellite Co. LLC, Secured Party: Emigrant Savings Bank, Assignee: Show Details
    • On 2000-05-10 a mortgage on this property was transferred from State Street Bank And Trust Company As Trustee to Emigrant Savings Bank. Show Details
    • A Miscellaneous legal document filed on 2000-05-10. Parties: State Street Bank And Trust Company As Trustee Show Details
    • On 2000-04-26 a mortgage on this property was transferred from Satellite Co. to Emigrant Savings Bank. Show Details
    • Mortgage Agreement for $0.00 dated 2000-04-26 between 54 Satellite Co. and Emigrant Savings Bank Show Details
    • 54 Satellite Co. took a mortgage for $15,564.97 from Emigrant Savings Bank on 2000-04-26. Show Details
    • A Miscellaneous legal document filed on 2000-03-08. Parties: Fifty Fourth Streetcondominium Show Details
    • Declaration (Other Documents) was filed on 1998-12-30. Parties: Fifty Fourth Streetcondominium Show Details
    • On 1994-12-13 a mortgage on this property was transferred from Federal Deposit Insurance Corporation to State Street Bank &Trust Company. Show Details
    • On 1994-12-01 a mortgage on this property was transferred from Federal Deposit Insurance Corp to State Street Bank And Trust Company Trtee. Show Details
    • Mortgage Agreement for $0.00 dated 1989-11-24 between 54 Satellite Co. and American Savings Bank Fs Show Details
    • On 1989-11-06 a mortgage on this property was transferred from 54 Satellite Co to American Saving Bank. Show Details
    • 54 Satellite Company took a mortgage for $675,000.00 from American Savings Bank Fs on 1989-11-06. Show Details
    • On 1987-11-04 a mortgage on this property was transferred from 54 Satellite Holdingcp to Bank Leumi Tr Co. Show Details
    • Mortgage Agreement for $0.00 dated 1987-11-04 between 54 Satellite Holdingcp and 54 Satellite Co Show Details
    • On 1987-11-04 a mortgage on this property was transferred from Bank Leumi Tr Co Ofny to 54 Satellite Hldg Cp. Show Details
    • On 1987-11-04 a mortgage on this property was transferred from Bank Leumi Tr Co Ofny to 54 Satellite Hldg Co. Show Details
    • Maps filed 1987-10-21 Show Details
    • Declaration (Other Documents) was filed on 1987-10-21. Parties: 54 Satellite Co. Show Details

    HPD Registration

    This building was last registered at the Department of Housing Preservation and Development on Sept. 26, 2016 and the registration expires Sept. 1, 2017.

    • Corporate Owner: The Fifty Fourth St. Condo, ONE Union Square West, New York, NY 10003
    • Managing Agent: Buchbinder & Warren Llc, Rosemary Paparo, ONE Union Square West #4FL, New York, NY 10003
    • Head Officer: Hagay Smilovich, 350 East 54Th St #6D, New York, NY 10021
    • Officer: Joanne Zervos, 350 East 54Th St, New York, NY 10021
    • Site Manager: Dawn Harris,

    Building Tips

    Lot

    Address
    975 1st Ave #COM1, 10022
    Square Footage
    10,700
    Lot Type
    Inside
    Dimensions
    75.33ft x 125.0ft
    BBL
    1013467503
    Condo Number
    475

    Neighborhood

    Neighborhood
    Midtown East
    Historic District
    N/A
    Community District
    06
    City Council
    4
    Police Precinct
    17
    Fire Company
    E008
    School District
    2
    Census Tract
    98

    Zoning

    Zoning District
    R10
    Commercial Overlay
    C1-5
    Split Zoning
    Yes
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $200,000
    MV Total
    $309,000
    AV Land
    $90,000
    AV Total
    $139,050

    Floor Area Ratio

    Built FAR
    4.29

    Residential
    Zoned FAR 10.0
    Max 107,000.0 sq. ft.
    Remaining 61,129.0 sq. ft.

    Commercial
    Zoned FAR 0.0
    Max 0.0 sq. ft.
    Remaining 0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 107,000.0 sq. ft.
    Remaining 61,129.0 sq. ft.

    Building

    Condo Number
    475
    Category
    Condominiums
    Class
    Office Space
    Land Use
    Mixed Residential & Commercial Buildings
    Buildings
    1
    Year Built
    1941
    Alterations
    N/A
    Floors
    6.0
    Residential Units
    59
    Total Units
    61
    Floor Area
    45871
    Basement
    Unknown
    Proximity
    Unknown

    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