987 3rd Ave
Midtown
New York, NY, 10022

Built in 1902 this 4,976 sq.ft. building is 56% Retail, 44% Residential and contains 2 residential units and 2 non-residential units.

This property is currently Off Market.

    Transit

    • Lexington Av Route NRoute QRoute RRoute 4Route 5Route 6 1 Minute walk, 0.1 Miles
    • Grand Central-42nd St Route GSRoute 4Route 5Route 6Route 7 17 Minute walk, 0.9 Miles
    • 59th St Route ARoute BRoute CRoute DRoute 1 19 Minute walk, 1.0 Miles
    • Lexington Av-53rd St Route ERoute MRoute 6 6 Minute walk, 0.3 Miles

    Schools

    • Elementary School

      • East Side Elementary School, PS 267
        • Grades: PK,0K,01,02,03,04,05,SE
        • Principal: Medea Mcevoy
        • Phone: 212-888-7848
        • Address: 213 East 63Rd Street
        • Website: schools.nyc.gov
    • Middle School

      • Warning: This property is located near the boundary of it's school zone.
      • 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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    • An Assignment of Leases and Rents was granted to Mipa 59/Third Owner LLC by New York Agency United Overseas Bank Limited or 2016-12-16 Show Details
    • Mipa 59/Third Owner LLC took a mortgage for $37,967,274.00 from New York Agency United Overseas Bank Limited on 2016-12-16. Show Details
    • An Assignment of Leases and Rents was granted to Mipa 59/Third Owner LLC by New York Agency United Overseas Bank Limited or 2016-12-16 Show Details
    • Mipa 59/Third Owner LLC took a mortgage for $78,707,726.00 from New York Agency United Overseas Bank Limited on 2016-12-16. Show Details
    • An Assignment of Leases and Rents was granted to Mipa 59/Third Owner LLC by New York Agency United Overseas Bank Limited or 2016-12-16 Show Details
    • Mortgage Agreement for $65,000,000.00 dated 2016-12-16 between Mipa 59/Third Owner LLC and New York Agency United Overseas Bank Limited Show Details
    • Mipa 59/Third Owner LLC granted an easement to Mipa 59/Third Owner LLC on 2015-07-15. Show Details
    • A Miscellaneous legal document filed on 2015-10-27. Parties: 981 Third Realty, LLC & 983 Third Avenue Holdings, LLC & Mipa/59 Third Owner LLC Show Details
    • A Miscellaneous legal document filed on 2015-10-27. Parties: United Overseas Bank Limited Show Details
    • Zoning Lot Description (Other Documents) was filed on 2015-10-27. Parties: Mipa 59/Third Owner LLC Show Details
    • Certificate (Other Documents) was filed on 2015-10-27. Parties: Commonwealth Land Title Insurance Company Show Details
    • Zoning Lot Description (Other Documents) was filed on 2015-08-06. Parties: Bruce Kimmelman Show Details
    • Certificate (Other Documents) was filed on 2015-08-06. Parties: Commonwealth Land Title Insurnce Company Show Details
    • An Assignment of Leases and Rents was granted to Mipa59/Third Owner LLC by New York Agency United Overseas Bank Limited or 2014-09-22 Show Details
    • Mortgage Agreement for $65,000,000.00 dated 2014-09-22 between Mipa59/Third Owner LLC and New York Agency United Overseas Bank Limited Show Details
    • On 2014-09-22 a mortgage on this property was transferred from Domenico Pte Ltd. to New York Agency United Overseas Bank Limited. Show Details
    • Mipa 59/Third Owner LLC took a mortgage for $65,000,000.00 from Domenico Pte Ltd. on 2014-07-22. Show Details
    • 985 Third Development LLC sold this property to Mipa 59/Third Owner LLC for $55,526,317.60 on 2014-07-23. Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2014-04-29. Parties: 985 Third Development LLC, D&D Building Company, LLC Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 2013-10-02. Parties: 983 Third Avenue Associates LLC, 985 Third Development LLC Show Details
    • Mortgage Agreement for $0.00 dated 2013-07-18 between 983 Third Avenue Associates LLC and 985 Third Development LLC Show Details
    • Zoning Lot Description (Other Documents) was filed on 2013-10-02. Parties: New York Community Bank Show Details
    • Zoning Lot Description (Other Documents) was filed on 2013-10-02. Parties: 985 Third Development LLC Show Details
    • Certificate (Other Documents) was filed on 2013-10-02. Parties: Fidelity National Title Insurance Company Show Details
    • 983 Third Avenue Associates LLC sold this property to 985 Third Development LLC for $3,635,280.00 on 2013-07-18. Show Details
    • 985 Third Avenue Associates sold this property to 985 Third Development LLC for $12,301,200.00 on 2012-12-14. Show Details
    • As Trustee Augusta G. Bloom & U/A/G Date 7/7/1992 Augusta G. Bloom Trust sold this property to 985 Third Avenue Associates for $0.00 on 2012-12-14. Show Details
    • Elizabeth Bloom Albert Self Declaration Of Trust & As Trustee Elizabeth Bloom Albert sold this property to 985 Third Avenue Associates for $0.00 on 2012-12-14. Show Details
    • The Ralph A. Kupler Trust & As Trustee Alice Kupler Barnett sold this property to 985 Third Avenue Associates for $0.00 on 2012-12-14. Show Details
    • Jonathan G Bloom sold this property to 985 Third Avenue Associates for $0.00 on 2012-12-14. Show Details
    • Christopher A Bloom sold this property to 985 Third Avenue Associates for $0.00 on 2012-12-14. Show Details
    • Jeffrey Robinson Pricher & Jeffrey Pricher sold this property to 985 Third Development LLC for $1,198,800.00 on 2012-12-14. Show Details
    • Andrew Schwarz sold this property to 985 Third Avenue Associates for $0.00 on 2012-12-14. Show Details
    • Philip S Schwarz sold this property to 985 Third Avenue Associates for $0.00 on 2012-12-14. Show Details
    • Walber 985 Co sold this property to 985 Third Development LLC for $4,500,000.00 on 2012-12-14. Show Details
    • Margaret S Rice sold this property to 985 Third Avenue Associates for $0.00 on 2012-12-14. Show Details
    • Jane E Schwarz & Jane E Binger sold this property to 985 Third Avenue Associates for $0.00 on 2012-12-14. Show Details
    • Jane E Binger was granted Power of Attorney for Andrew Schwarz on 2008-08-29 Show Details
    • David J Berley Satisfied their Mortgage with Herbert Jr. Schwarz on 2012-12-13. Show Details
    • Elizabeth G Bloom & Elizabeth Bloom Albert sold this property to Elizabeth Bloom Albert Self Declaration Of Trust & Trustee Elizabeth Bloom Alber for $0.00 on 2010-02-02. Show Details
    • Augusta G Bloom sold this property to Bloom, As Trustee, Augusta G & Augusta G. Bloom Trust U/A/G Dated 7/7/1992 for $0.00 on 2009-09-21. Show Details
    • Augusta G Bloom sold this property to Bloom, As Trustee, Augusta G & U/A/G Date 7/7/1992 Augusta G. Bloom Trust for $0.00 on 2009-09-21. Show Details
    • U/L/W/T Charles Bloom & Bloom, As Executrix, Augusta G sold this property to Augusta G Bloom for $0.00 on 2009-09-21. Show Details
    • Rice, As Executrix, Margaret S. & Decd. L/W/T Of Arthur A. Schwarz sold this property to Margaret S. Rice for $0.00 on 2008-10-06. Show Details
    • Carol S. L/W/T Kupler & Alice Kupler As Executrix Barnett sold this property to Ralph A. Trust Kupler & Alice Kupler As Trustee Barnett for $0.00 on 2000-07-13. Show Details
    • Mortgage Agreement for $0.00 dated 1997-11-03 between Herbert Jr. Schwarz and Walber 985 Co. Show Details
    • Mortgage Agreement for $0.00 dated 1994-09-22 between Herbert Jr. Schwarz and Walber 985 Co. Show Details
    • Jeffrey Robinson Pricher & As Guardian/ Hawaiian Trust Company Ltd. & Jeffrey Pricher sold this property to Jeffrey Robinson Pricher & Jeffrey Pricher for $0.00 on 1994-03-08. Show Details
    • Mortgage Agreement for $0.00 dated 1986-12-29 between Walber 985 Co and Herbert Jrindv Schwarz Show Details
    • A Miscellaneous legal document filed on 1986-07-14. Parties: Margaret S Rice Show Details
    • A Miscellaneous legal document filed on 1986-07-08. Parties: Herbert Jr. Schwarz Show Details
    • A Miscellaneous legal document filed on 1986-07-08. Parties: Augusta G. Bloom Show Details
    • A Miscellaneous legal document filed on 1986-07-08. Parties: Jonathan G. Bloom Show Details
    • A Miscellaneous legal document filed on 1986-07-08. Parties: Elizabeth G. Bloom Show Details
    • A Miscellaneous legal document filed on 1986-07-08. Parties: Carol S. Kupler Show Details
    • A Miscellaneous legal document filed on 1986-07-08. Parties: David I. Berley & Charles Bloom & Margaret S. Rice & Jane Schwarz Show Details
    • A Miscellaneous legal document filed on 1986-07-08. Parties: David I. Berley Show Details
    • A Miscellaneous legal document filed on 1986-07-08. Parties: Jane E. Schwarz Show Details
    • A Miscellaneous legal document filed on 1986-07-08. Parties: 985 Third Avenue Assoc. Show Details
    • A Miscellaneous legal document filed on 1986-07-08. Parties: Christopher A. Bloom Show Details
    • A Miscellaneous legal document filed on 1986-07-08. Parties: Charles G. Bloom Show Details
    • On 1986-01-28 a mortgage on this property was transferred from Philipin Lwt Schwarz & Philipine Aka Schwarz & Herbert Jrtr Schwarz & Philepin Aka Schwarz to Herbert Jrindv Schwarz. Show Details
    • Selma L/W/T Bloom & Jerome Exec Greene sold this property to Elizabeth G. Bloom & Carol S. Kupler & Charles G. Bloom & Christopher A. Bloom & Jonathan G. Bloom & Augusta G. Bloom for $0.00 on 1984-10-23. Show Details
    • Selma L/W/T Bloom & Jerome Exc Greene sold this property to Elizabeth G. Bloom & Augusta G. Bloom & Charles G. Bloom & Christopher A. Bloom & Jonathan G. Bloom & Carol S. Kupler for $0.00 on 1984-09-13. Show Details
    • Philipin Aka Schwarz & Philipine Aka Schwarz & Philepini Schwarz & Herbert Tr Schwarz sold this property to Charles G Bloom for $0.00 on 1981-12-09. Show Details
    • David I Berley sold this property to Walber 985 Co for $0.00 on 1981-04-30. Show Details
    • Philepen Tr Schwarz & Philipine Aka Schwarz & Philipin Traka Schwarz & Herbert Tr Schwarz sold this property to David I Berley for $0.00 on 1981-02-25. Show Details
    • Margaret M Schwarz sold this property to David I Berley for $0.00 on 1981-02-25. Show Details
    • David I Berley took a mortgage for $0.00 from Philepen Tr Schwarz & Philipine Aka Schwarz & Hergert Tr Schwarz & Philipin Traka Schwarz on 1981-02-25. Show Details
    • David I Berley was granted Power of Attorney for Warren M Light on 1981-02-25 Show Details
    • Philipin Schwarz & Herbert Tr Schwarz sold this property to Margaret S Rice for $0.00 on 1980-12-19. Show Details
    • On 1980-08-19 a mortgage on this property was transferred from Robert Ex Schwarz to Jane Schwarz. Show Details

    Lot

    Address
    987 3rd Ave, 10022
    Square Footage
    2,109
    Lot Type
    Inside
    Dimensions
    20.08ft x 105.0ft
    BBL
    1013320046

    Neighborhood

    Neighborhood
    Midtown
    Historic District
    N/A
    Community District
    06
    City Council
    4
    Police Precinct
    17
    Fire Company
    E008
    School District
    2
    Census Tract
    108

    Zoning

    Zoning District
    C5-2
    Commercial Overlay
    N/A
    Special Purpose
    N/A
    Limited Height
    N/A
    Landmark
    N/A

    Assessment

    Tax Class
    4
    MV Land
    $1,280,000
    MV Total
    $3,023,000
    AV Land
    $576,000
    AV Total
    $1,360,350

    Floor Area Ratio

    Built FAR
    2.36

    Residential
    Zoned FAR 10.0
    Max 21,090.0 sq. ft.
    Remaining 16,114.0 sq. ft.

    Commercial
    Zoned FAR 10.0
    Max 21,090.0 sq. ft.
    Remaining 16,114.0 sq. ft.

    Facility
    Zoned FAR 10.0
    Max 21,090.0 sq. ft.
    Remaining 16,114.0 sq. ft.

    Building

    Category
    Vacant Land
    Class
    Zoned Commercial Or Manhattan Residential
    Land Use
    Mixed Residential & Commercial Buildings
    Buildings
    1
    Year Built
    1902
    Alterations
    N/A
    Floors
    4.0
    Residential Units
    2
    Total Units
    4
    Floor Area
    4976
    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