987 8th Ave
Clinton
New York, NY, 10019

Built in 1987 this 102,720 sq.ft. building is 86% Office Space, 14% Retail.

This property is currently Off Market.

    Transit

    • 59th St Route ARoute BRoute CRoute DRoute 1 1 Minute walk, 0.0 Miles
    • 57th St Route NRoute QRoute R 5 Minute walk, 0.2 Miles
    • 7th Av Route BRoute DRoute E 7 Minute walk, 0.4 Miles
    • 57th St Route F 8 Minute walk, 0.4 Miles
    • 47-50th Sts Rockefeller Center Route BRoute DRoute FRoute M 13 Minute walk, 0.7 Miles
    • 42nd St Route ARoute CRoute ERoute NRoute QRoute RRoute SRoute 1Route 2Route 3Route 7 15 Minute walk, 0.8 Miles
    • Times Square Route ARoute CRoute ERoute NRoute QRoute RRoute GSRoute 1Route 2Route 3Route 7 17 Minute walk, 0.9 Miles

    Schools

    • Elementary School

      • P.S. 111 Adolph S. Ochs
        • Grades: PK,0K,01,02,03,04,05,08,SE
        • Principal: Edward Gilligan
        • Phone: 212-582-7420
        • Address: 440 West 53 Street
        • 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

    Get a free price estimate for this property to determine how much it should sell for. Start Now

    • An Assignment of Leases and Rents was granted to Gll Bvk Columbus Circle LLC by Bayerische Landesbank or 2014-10-01 Show Details
    • Mortgage Agreement for $49,500,000.00 dated 2014-10-01 between Gll Bvk Columbus Circle LLC and Bayerische Landesbank Show Details
    • UCC3 Amendment dated 2014-10-27, Debtor: Gll Bvk Columbus Circle LLC, Secured Party: Bayerische Landesbank, Assignee: Show Details
    • Initial UCC1 dated 2011-12-23, Debtor: Gll Bvk Columbus Circle LLC, Secured Party: Bayerische Landesbank, Assignee: Show Details
    • An Assignment of Leases and Rents was granted to Gll Bvk Columbus Circle LLC by Bayerische Landesbank or 2011-11-21 Show Details
    • Mortgage Agreement for $49,500,000.00 dated 2011-11-21 between Gll Bvk Columbus Circle LLC and Bayerische Landesbank Show Details
    • Gll Bvk Columbus Circle LLC took a mortgage for $5,620,539.77 from Bayerische Landesbank on 2011-11-21. Show Details
    • On 2011-11-21 a mortgage on this property was transferred from National Association Wells Fargo Bank Northwest & National Association First Security Bank to Bayerische Landesbank. Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2011-12-23. Parties: National Association Wells Fargo Bank Northwest & National Association First Security Bank Show Details
    • Prefco Xxiv Limited Partnership sold this property to Gll Bvk Columbus Circle, LLC for $96,500,000.00 on 2011-07-07. Show Details
    • Assignment Of Lease (Other Documents) was filed on 2010-05-25. Parties: Algm Leasehold Ix LLC, 987 Eighth Avenue, LLC Show Details
    • Duane Reade Shareholders LLC sold this property to Walgreen Co for $73,123,490.50 on 2010-04-09. Show Details
    • Correct Index/Deed-Office Use (Deeds And Other Conveyances) was filed on 2008-03-05. Parties: Columbus Circle Realty Corp, Prefco Xxiv Limited Partnership Show Details
    • Pitney Bowes Inc. sold this property to Jcc Management LLC for $82,861,335.00 on 2006-07-14. Show Details
    • Partial Release Of Mortgage (Mortgages & Instruments) was filed on 2006-02-03. Parties: Lasalle Bank Na Assoc. Trustee Regist.Hol., 1552 Lonsdale LLC & Algm Leasehold Ii LLC & Algm Leasehold Viii LLC & Algm Leasehold Ix LLC & Algm Leasehold Xii LLC & 729 Demi-Tasse LLC & Algm Leasehold Vi LLC & Algm Leasehold Iii LLC & Algm Leasehold X LLC Show Details
    • Termination Of Assign Of L&R (Other Documents) was filed on 2006-02-02. Parties: As Trustee Regist. Hol. Lasalle Bank Na, Algm Leasehold Ix LLC Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2006-02-02. Parties: Greenwich Capital Financial Products, INC, Commercial Mortgage Trust 2003-Fl1 & Lasalle Bank National Association. As Trustee & Greenwich Capital Commercial Funding Corp. Show Details
    • UCC3 Termination dated 2006-01-27, Debtor: Algm Leasehold Ix LLC, Secured Party: Lasalle Bank National Association, Assignee: Show Details
    • Asgn Of Asgn Of L&R (Mortgages & Instruments) was filed on 2005-11-17. Parties: Inc. Greenwich Capital Financial Products, Lasalle Bank N.A. Show Details
    • Mortgage Agreement for $43,000,000.00 dated 2005-06-30 between N.A. Wachovia Bank & Commercial Mortgage Trust 2003-Fl1 & N.A. As Servicer Of Lasalle Bank & As Trustree For The Registered Holders Of and 1552 Lonsdale LLC & Algm Leasehold Ii LLC & Algm Leasehold Viii LLC & Algm Leasehold Ix LLC & Algm Leasehold Xii LLC & Algm Leasehold Vi LLC & Algm Leasehold Iii LLC & Algm Leasehold X LLC & 729 Demi-Tasse Show Details
    • Lp Northstar Realty Finance & Algm I Equity, LLC & Lp Northstar Partnership & Nrfc Sub-Reit Corp & Northstar Capital Investment Corp sold this property to Lp Northstar Realty Finance & Nrfc Sub-Reit Corp & Nrfc Nnn Holdings, LLC for $74,119,171.00 on 2004-10-29. Show Details
    • On 2004-08-03 a mortgage on this property was transferred from Greenwich Capital Financial Products, INC to As Trustee For The Registered Hol Lasalle Bank Na. Show Details
    • Ucc3 Assignment (Ucc And Federal Liens) was filed on 2004-05-11. Parties: Algm Leasehold Ix LLC, Greenwich Capital Financial Products, INC, Lasalle Bank National Association Show Details
    • An Assignment of Leases and Rents was granted to Algm Leasehold Ix LLC by Inc. Greenwich Capital Financial Products or 2002-12-04 Show Details
    • Mortgage Agreement for $0.00 dated 2002-12-04 between 1552 Lonsdale LLC & Algm Leasehold Ii LLC & Algm Leasehold Viii LLC & Algm Leasehold Ix LLC & Algm Leasehold Xii LLC & 729 Demi-Tasse LLC & Algm Leasehold Vi LLC & Algm Leasehold Iii LLC & Algm Leasehold X LLC and Inc. Greenwich Capital Financial Products Show Details
    • 1552 Lonsdale LLC & Algm Leasehold Ii LLC & Algm Leasehold Viii LLC & Algm Leasehold Ix LLC & Algm Leasehold Xii LLC & 729 Demi-Tasse LLC & Algm Leasehold Vi LLC & Algm Leasehold Iii LLC & Algm Leasehold X LLC took a mortgage for $12,728,557.22 from Inc. Greenwich Capital Financial Products on 2002-12-04. Show Details
    • On 2002-11-22 a mortgage on this property was transferred from Salomon Brothers Realty Corp. to Inc. Greenwich Capital Financial Products. Show Details
    • On 2002-11-22 a mortgage on this property was transferred from Salomon Brothers Realty Corp. to Inc. Greenwich Capital Financial Products. Show Details
    • Cancellation of Assignment of Leases and Rents was filed on 2003-02-25 Show Details
    • UCC3 Termination dated 2003-02-03, Debtor: Algm Leasehold Ix LLC, Secured Party: Salomon Brothers Realty Corp., Assignee: Show Details
    • Initial UCC1 dated 2003-01-31, Debtor: Algm Leasehold Ix LLC, Secured Party: Inc. Greenwich Capital Financial Products, Assignee: Show Details
    • UCC3 Termination dated 2001-06-06, Debtor: 230 Operating, INC & 713 8Th Operating Inc & 58 Realopp Corp & 420 Operating Inc & 58 Realopp Corp. & 810 Operating Inc, Secured Party: Bank Of Tokyo Trustcompany, Assignee: Show Details
    • Initial UCC1 dated 2001-01-05, Debtor: Prefco Xxiv Limitedpartnership, Secured Party: N.A. As Trustee First Security Bank, Assignee: Show Details
    • On 2000-12-12 a mortgage on this property was transferred from Prefco Xxiv Limitedpartnership to National Association First Security Bank. Show Details
    • Columbus Circle Realty Corp. sold this property to Prefco Xxiv Limitedpartnership for $0.00 on 2000-11-27. Show Details
    • Mortgage Agreement for $0.00 dated 2000-11-27 between Prefco Xxiv Limitedpartnership and Columbus Circle Realty Corp. Show Details
    • Prefco Xxiv Limitedpartnership took a mortgage for $56,745,606.15 from National Association First Security Bank on 2000-12-12. Show Details
    • A Miscellaneous legal document filed on 2000-10-26. Parties: Inc. Natrest Funding I Show Details
    • A Miscellaneous legal document filed on 2000-10-26. Parties: Inc. Natrest Funding I Show Details
    • On 2000-03-03 a mortgage on this property was transferred from Algm Leasehold Viiillc & Algm Leasehold Ii LLC & Algm Leasehold Ix LLC & Algm Leasehold Iv LLC & Algm Leasehold Xii LLC & Algm Leasehold Vii LLC & Algm Leasehold Xi LLC & Algm Leasehold Vi LLC & Algm Leasehold X LLC to Salomon Brothers Realty Corp.. Show Details
    • Algm Leasehold Viiillc & Algm Leasehold Ii LLC & Algm Leasehold Ix LLC & Algm Leasehold Xii LLC & Algm Leasehold Vii LLC & Algm Leasehold Xi LLC & Algm Leasehold X LLC took a mortgage for $4,770,749.50 from Salomon Brothers Realty Corp. on 2000-03-03. Show Details
    • Mortgage Agreement for $0.00 dated 2000-03-03 between Algm Leasehold Viiillc & Algm Leasehold Ii LLC & Algm Leasehold Ix LLC & Algm Leasehold Xii LLC & Algm Leasehold Vii LLC & Algm Leasehold Xi LLC & Algm Leasehold X LLC and Salomon Brothers Realty Corp. Show Details
    • Algm Leasehold Xi LLC & Algm I LLC & Algm I Owners LLC & Algm I Equity LLC & Algm Leasehold Ix LLC took a mortgage for $44,000,000.00 from Salomon Brothers Realty Corp. on 2000-03-03. Show Details
    • A Miscellaneous legal document filed on 2000-03-03. Parties: Inc. Natrest Funding I Show Details
    • Algm Leasehold Viiillc & Algm Leasehold Ii LLC & Algm Leasehold Ix LLC & Algm Leasehold Xii LLC & Algm Leasehold Vii LLC & Algm Leasehold Xi LLC & Algm Leasehold X LLC took a mortgage for $33,450,000.00 from Salomon Brothers Realty Corp. on 2000-03-03. Show Details
    • Initial UCC1 dated 2000-01-18, Debtor: Algm Leasehold Ix LLC, Secured Party: Salomon Brothers Realty Corp., Assignee: Show Details
    • On 1999-10-18 a mortgage on this property was transferred from Algm Leasehold Ix LLC to Inc. Natrest Funding I. Show Details
    • Algm Leasehold Ix LLC leased this property from 58 Realopp Corp. on 1999-02-28 Show Details
    • Mortgage Agreement for $0.00 dated 1999-05-20 between Algm Leasehold Ix LLC and Algm I LLC Show Details
    • Release dated 1999-05-20 between Inc. Natrest Funding I and 58 Realopp Corp. F/B/O Show Details
    • On 1999-05-20 a mortgage on this property was transferred from Algm I LLC to Inc. Natrest Funding I. Show Details
    • On 1999-04-28 a mortgage on this property was transferred from Algm I LLC to Inc. Natrest Funding I. Show Details
    • On 1998-09-17 a mortgage on this property was transferred from Bank Of Tokyo-Mitsubishi Trust Comany to Algm I LLC. Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1997-03-12. Parties: 230 Operating, INC & 713 8Th Operating Inc & 58 Realopp Corp & 420 Operating Inc & 58 Realopp Corp. & 810 Operating Inc, Bank Of Tokyo Trustcompany Show Details
    • Initial UCC1 dated 1994-06-24, Debtor: Inc. Psny, Secured Party: 58 Realopp Corp., Assignee: Show Details
    • A Miscellaneous legal document filed on 1993-12-29. Parties: Manufacturers Hnvr Tr Co Show Details
    • Columbus Circle Dvlpt Co Satisfied their Mortgage with Manufactures Hnv Trco on 1993-12-20. Show Details
    • Columbus Circle Dvlpt Cp Satisfied their Mortgage with Manufactures Hv Tr Co on 1993-12-20. Show Details
    • Sogil 58Th Rlty Corp Satisfied their Mortgage with Manufacturers Hnv Trco on 1993-12-20. Show Details
    • 4Cc Limited Partnership sold this property to Columbus Circle Rltycrp for $0.00 on 1993-12-13. Show Details
    • UCC3 Termination dated 1993-12-16, Debtor: Columbus Circle Development Co, Secured Party: Manufacturers Hanover Trust Company, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1993-07-23 between 230 Operating Inc & 58 Realopp Corp & 810 Operating Inc & 420 Operating Corp & 713 8Th Operating Inc and Bank/Tokyo Trust Company Show Details
    • Mortgage Agreement for $0.00 dated 1993-07-23 between 420 Operating Corp & 58 Realopp Corp & 713 8Th Operating Inc & 810 Operating Inc & 230 Operating Inc and Bank/Tokyo Trust Company Show Details
    • On 1993-05-20 a mortgage on this property was transferred from 230 Operating Inc & 58 Realopp Corp & 810 Operating Inc & 420 Operating Inc & 713 8Th Operating Inc to Bank Yokyo Trust Co. Show Details
    • Mortgage Agreement for $0.00 dated 1993-05-20 between 420 Operating Inc. & 810 Operating Inc. & 58 Realopp Corp & 713 8Th Operating Inc. & 230 Operating Inc and Bank Of Tokyo Trustco. Show Details
    • UCC3 Termination dated 1993-05-14, Debtor: Columbus Circle Development Co., Secured Party: Inc. Daiso Usa, Assignee: Show Details
    • Columbus Circle Dvlpt Co Satisfied their Mortgage with Daiso Usa, INC on 1993-05-12. Show Details
    • Court Order (Other Documents) was filed on 1993-05-12. Parties: Columbus Circle Etcdbtr Show Details
    • Columbus Circle Dvlpco sold this property to 4Cc Limited Partnership for $0.00 on 1993-05-11. Show Details
    • A Miscellaneous legal document filed on 1993-05-12. Parties: Daiso Usa Inc Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 1993-05-12. Parties: Columbus Circle Dvlpco, Daiso Usa Inc Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 1993-05-12. Parties: Columbus Circle Dvlpcrp, Columbus Circle Dvlpco Show Details
    • Ucc3 Continuation (Ucc And Federal Liens) was filed on 1993-04-02. Parties: Columbus Circle Development Co, Manufacturers Hanover Trust Company Show Details
    • Mortgage Agreement for $0.00 dated 1992-06-19 between Manufacturers Hnvr Tr Co and Walter Dorwin Teagueetc Show Details
    • Mortgage Agreement for $0.00 dated 1992-06-16 between 58 Realopp Corp & 810 Operating Inc & 713 8Th Operating Inc & 420 Operating Inc & 230 Operating Inc and Bank/Tokyo Trust Company Show Details
    • Initial UCC1 dated 1992-06-16, Debtor: 230 Operating, INC & 713 8Th Operating Inc & 58 Realopp Corp & 420 Operating Inc & 58 Realopp Corp. & 810 Operating Inc, Secured Party: Bank Of Tokyo Trustcompany, Assignee: Show Details
    • Swanke H Connell Ltd leased this property from Columbus Circle Dvlco on 1992-01-08 Show Details
    • A Miscellaneous legal document filed on 1990-09-20. Parties: Manufacturers Hnvr Tr Co & Chase Manhattan Bank Show Details
    • Mortgage Agreement for $0.00 dated 1990-03-28 between Manufacturers Hano Tr Co and Daiso Usa Inc Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 1990-03-28. Parties: Manufacturers Hano Tr Co, Daiso Usa Inc Show Details
    • Sogil Rlty Co & Jaricam Rlty Corp & Wilhal Corporation & Purley Properties Inc & Sacoros Assoc & Columbus Circle Dev'L Cp & Sacoros Associates Satisfied their Mortgage with John Hancock Mtl Lfetc & Bankers Tr Co & Purley Properties Inc & Henral Equities Co & Jaricam Rlty Corp on 1990-02-13. Show Details
    • Columbus Circle Devco took a mortgage for $1,523,567.00 from Manufacturers Hanovertr on 1989-07-21. Show Details
    • Columbus Circle Devco took a mortgage for $3,476,433.00 from Manufacturers Hanover Tr on 1989-07-21. Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1988-07-21. Parties: Columbus Circle Dvlpco, Daiso Usa Inc Show Details
    • Uniform Commercial Code 1 (Ucc And Federal Liens) was filed on 1988-07-21. Parties: Columbus Circle Dvpco, Manufacturers Hano Tr Co Show Details
    • Initial UCC1 dated 1988-07-21, Debtor: Columbus Circle Development Co., Secured Party: Inc. Daiso Usa, Assignee: Show Details
    • Initial UCC1 dated 1988-07-21, Debtor: Columbus Circle Development Co, Secured Party: Manufacturers Hanover Trust Company, Assignee: Show Details
    • Mortgage Agreement for $0.00 dated 1988-07-18 between Daiso Usa Inc and Swanke Hayden Connell Ld Show Details
    • Mortgage Agreement for $0.00 dated 1988-07-18 between Manufacturers Hano Tr Co and Swanke Hayden Connell Show Details
    • On 1988-07-18 a mortgage on this property was transferred from Columbus Circel Etal to Daiso Usa Inc. Show Details
    • Columbus Circle Dvlco took a mortgage for $10,000,000.00 from Daiso Usa Inc on 1988-07-18. Show Details
    • On 1988-07-18 a mortgage on this property was transferred from Columbus Circle Dvlco to Manufacturers Han Trco. Show Details
    • Columbus Circle Dvlco took a mortgage for $5,999,263.00 from Manufacturers Han Trco on 1988-07-18. Show Details
    • Columbus Circle Dvlco took a mortgage for $16,378,862.00 from Manufacturers Han Trco on 1988-07-18. Show Details
    • Mortgage Agreement for $0.00 dated 1988-07-18 between Manufacturers Hano Tr Co and Daiso Usa Inc Show Details
    • Mortgage Agreement for $0.00 dated 1988-07-18 between Columbus Circle Etal and Manufacturers Hano Tr Co Show Details
    • Sundry Miscellaneous (Other Documents) was filed on 1988-07-18. Parties: Columbus Circle Etal, Daiso Usa Inc Show Details
    • Columbus Circle Etal leased this property from Swanke Hayden Connell Lt on 1988-07-18 Show Details
    • Sogil 58Th Rlty Corp sold this property to Columbus Circle Etal for $0.00 on 1987-12-23. Show Details
    • Sogil 58Th Rlty Corp & Columbus Circle Dev'L Co Satisfied their Mortgage with Manufactures Hnv Trco on 1988-07-14. Show Details
    • ... and 46 older documents.

    Lot

    Address
    987 8th Ave, 10019
    Square Footage
    14,267
    Lot Type
    Inside
    Dimensions
    100.42ft x 142.0ft
    BBL
    1010480033

    Neighborhood

    Neighborhood
    Clinton
    Historic District
    N/A
    Community District
    04
    City Council
    3
    Police Precinct
    18
    Fire Company
    E040
    School District
    2
    Census Tract
    139

    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
    $12,800,000
    MV Total
    $61,887,000
    AV Land
    $5,760,000
    AV Total
    $27,849,150

    Floor Area Ratio

    Built FAR
    7.2

    Residential
    Zoned FAR 10.0
    Max 142,670.0 sq. ft.
    Remaining 39,950.0 sq. ft.

    Commercial
    Zoned FAR 15.0
    Max 214,005.0 sq. ft.
    Remaining 111,285.0 sq. ft.

    Facility
    Zoned FAR 15.0
    Max 214,005.0 sq. ft.
    Remaining 111,285.0 sq. ft.

    Building

    Category
    Office Buildings
    Class
    Bank Building - Designed Exclusively For Banking
    Land Use
    Commercial & Office Buildings
    Buildings
    1
    Year Built
    1987
    Alterations
    N/A
    Floors
    8.0
    Residential Units
    0
    Total Units
    0
    Floor Area
    102720
    Basement
    Full Basement Below Grade
    Proximity
    Unknown

    Crime

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

    Property Crime

    Very high
    In 2015 the Midtown North Precinct saw 3618 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

    High
    In 2015 the Midtown North Precinct saw 603 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