NY Property Records
437 West 16 Street
437 West 16 Street
Manhattan · New York County · 10011
05 · Commercial & OfficeSold $44,400,000 · Jun 2015 ↗
Owner of record
OwnerSalmir Realty, LLC
Assessment · 2025 roll
Land assessed$427,950
Total assessed$5,687,550
Est. annual tax$612,094 (2027, excl. special districts)
Building
StyleTen Stories & Over (Side Street Type)
Year built1920
Lot
Size0.11 acres (GIS)
Frontage × depth51 × 92 ft
Lot sq ft4,707
Zoning
DistrictC6-3
Special districtWCh
FAR5.83 built · 7.52 max residential · 6.0 max commercial · 10.0 max facility
Zoning map8b
Recorded documents · 94
DEED
$44,400,000
Jul 2, 2015
grantor/seller 437 West 16th Street, LLC
grantee/buyer Henya Realty LLC; Salmir Realty, LLC
View on ACRIS ↗
AGREEMENT
$3,750,000
Jul 2, 2015
party 1 Henya Realty LLC; Salmir Realty, LLC
party 2 Jpmorgan Chase Bank, N.A.
View on ACRIS ↗Show all 94
ASSIGNMENT, MORTGAGE
Jul 2, 2015
assignor/old lender Transamerica Life Insurance Company
assignee/new lender Jpmorgan Chase Bank, N.A.
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Jul 2, 2015
party one Transamerica Life Insurance Company
party two 437 West 16th Street, LLC
View on ACRIS ↗
MEMORANDUM OF LEASE
Apr 30, 2014
lessor 437 West 16th Street LLC
lessee Restoration Hardware, Inc.
View on ACRIS ↗
AGREEMENT
Sep 24, 2013
party 1 Transamerica Life Insurance Company
party 2 437 West 16th Street LLC; Restoration Hardware, Inc.
View on ACRIS ↗
MORTGAGE
$4,609,483
Sep 13, 2013
mortgagor/borrower 437 West 16th Street, LLC
mortgagee/lender Transamerica Life Insurance Company
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$10,000,000
Sep 13, 2013
assignor 437 West 16th Street, LLC
assignee Transamerica Life Insurance Company
View on ACRIS ↗
AGREEMENT
$10,000,000
Sep 13, 2013
party 1 437 West 16th Street, LLC
party 2 Transamerica Life Insurance Company
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Sep 13, 2013
assignor/old lender Sovereign Bank
assignee/new lender Transamerica Life Insurance Company
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Sep 12, 2013
party one Sovereign Bank Na, F/K/A; Soveriegn Bank
party two 437 West 16th Street, LLC
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Sep 12, 2013
mortgager/borrower 437 West 16th Street, LLC
mortgagee/lender Sovereign Bank; Sovereign Bank Na, F/K/A
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Sep 12, 2013
mortgager/borrower 437 West 16th Street, LLC
mortgagee/lender Sovereign Bank; Sovereign Bank Na, F/K/A
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Sep 12, 2013
mortgager/borrower 437 West 16th Street, LLC
mortgagee/lender Sovereign Bank; Sovereign Bank Na, F/K/A
View on ACRIS ↗
AGREEMENT
May 10, 2013
party 1 Restoration Hardware Inc.; Sovereign Bank, N.A.
party 2 437 West 16th Street LLC
View on ACRIS ↗
AGREEMENT
$5,755,000
Dec 13, 2011
party 1 437 West 16th Street LLC
party 2 Sovereign Bank
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
$5,755,000
Dec 13, 2011
assignor 437 West 16th Street LLC
assignee Sovereign Bank
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Mar 2, 2010
assignor/old lender Jpmorgan Chase Bank, N.A.
assignee/new lender Chase Home Finance, LLC
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Aug 6, 2009
mortgager/borrower 17th And 10th Associates LLC
mortgagee/lender New York State Housing Finance Agency
View on ACRIS ↗
SUNDRY AGREEMENT
Jul 31, 2009
party 1 17th And 10th Associates LLC; New York State Housing Finance Agency
View on ACRIS ↗
SUNDRY AGREEMENT
Jul 31, 2009
party 1 Landesbank Baden-Wurttemberg, New York Branch; New York State Housing Finance Agency +1
View on ACRIS ↗
MORTGAGE
$3,500,000
Dec 3, 2008
mortgagor/borrower 437 West 16th Street LLC
mortgagee/lender Sovereign Bank
View on ACRIS ↗
MORTGAGE AND CONSOLIDATION
$4,000,000
Jul 17, 2008
mortgagor 437 West 16th Street LLC
mortgagee Sovereign Bank
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jul 17, 2008
assignor/old lender Brooklyn Federal Savings Bank
assignee/new lender Sovereign Bank
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Jul 17, 2008
party one Brooklyn Federal Savings Bank
party two 437 West 16th Street LLC
View on ACRIS ↗
AGREEMENT
Nov 30, 2007
party 1 17th And 10th Associates LLC
party 2 Department Of Housing Preservation And Development
View on ACRIS ↗
AGREEMENT
Nov 30, 2007
party 1 Landesbank Baden-Wurttemberg; New York State Housing Finance Agency +1
party 2 Pb Capital Corporation; The City Of New York Department Of Housing
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Jul 7, 2006
party one Hypo Real Estate Capital Corporation
View on ACRIS ↗
AGREEMENT
Jul 7, 2006
party 1 17th And 10th Associates LLC
party 2 New York State Housing Finance Agency
View on ACRIS ↗
AGREEMENT
Jul 7, 2006
party 1 New York State Housing Finance Agency
party 2 Landesbank Baden-Wuttenberg, New York Branch; Pb Capital Corporation
View on ACRIS ↗
RELEASE
Jul 7, 2006
party 1 17th And 10th Associates LLC; Pb Capital Corporaton
party 2 Hypo Real Estate Capital Corporation
View on ACRIS ↗
MORTGAGE
$277,500,000
Jul 7, 2006
mortgagor/borrower 17th And 10th Associates LLC
mortgagee/lender New York State Housing Finance Agency
View on ACRIS ↗
DECLARATION
Mar 16, 2006
party 1 437 West 16th Street LLC
party 2 17th And 10th Assocites LLC
View on ACRIS ↗
TERMINATION OF AGREEMENT
Mar 16, 2006
party 1 437 West 16th Street LLC
party 2 17th And 10th Associates LLC
View on ACRIS ↗
DEVELOPMENT RIGHTS
$1,731,299
Mar 16, 2006
party one 437 West 16th Street LLC
party two 17th And 10th Associates LLC
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Dec 15, 2005
mortgager/borrower 437 West 16th Street LLC
mortgagee/lender Business Loan Center LLC
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Dec 15, 2005
party one 437 West 16th Street LLC
party two Business Loan Center Inc
View on ACRIS ↗
MEMORANDUM OF CONTRACT
Oct 26, 2005
party one 437 West 16th Street LLC
party two 17th And 10th Associates LLC
View on ACRIS ↗
TERMINATION OF ASSIGN OF L&R
Dec 1, 2003
party one 437 West 16th Street LLC
party two Independence Community Bank
View on ACRIS ↗
AGREEMENT
Dec 1, 2003
party 1 Business Loan Center, LLC
party 2 Brooklyn Federal Savings Bank
View on ACRIS ↗
ASSIGNMENT OF LEASES AND RENTS
Dec 1, 2003
assignor Brooklyn Federal Savings Bank
assignee 437 West 16th Street LLC
View on ACRIS ↗
MORTGAGE
$73,688
Dec 1, 2003
mortgagor/borrower 437 West 16th Street LLC
mortgagee/lender Brooklyn Federal Savings Bank
View on ACRIS ↗
AGREEMENT
$2,000,000
Dec 1, 2003
party 1 437 West 16th Street LLC
party 2 Brooklyn Federal Savings Bank
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Dec 1, 2003
assignor/old lender Independence Community Bank
assignee/new lender Brooklyn Federal Savings Bank
View on ACRIS ↗
MORTGAGE
$750,000
Mar 26, 2001
mortgagor/borrower 437 West 16th Streetllc
mortgagee/lender Business Loan Center, Inc.
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Mar 26, 2001
assignor/old lender 437 West 16th Streetllc
assignee/new lender Business Loan Center, Inc.
View on ACRIS ↗
MORTGAGE
$958,000
Nov 21, 2000
mortgagor/borrower 437 West 16th Streetllc
mortgagee/lender Independence Community Bank
View on ACRIS ↗
RELEASE
Nov 21, 2000
party 1 National Bank Of Newyork City
party 2 437 West 16th Street, LLC
View on ACRIS ↗
AGREEMENT
Nov 21, 2000
party 1 437 West 16th Streetllc
party 2 Independence Community Bank
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Nov 21, 2000
assignor/old lender National Bank Of Newyork City
assignee/new lender Independence Community Bank
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Nov 21, 2000
assignor/old lender 437 West 16th Streetllc
assignee/new lender Independence Community Bank
View on ACRIS ↗
DEED
Jul 17, 1998
grantor/seller Kleinberg, Carol; Kleinberg, Paul
grantee/buyer Kleinrg, Carol
View on ACRIS ↗
DEED
Jul 17, 1998
grantor/seller Kleinberg, Carol
grantee/buyer 437 West 16th Streetllc
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jul 17, 1998
assignor/old lender Mortgage Recovery Fund-Kws, L.P.
assignee/new lender National Bank Of Newyork City
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jul 17, 1998
assignor/old lender Textron Financial Corporation
assignee/new lender Mortgage Recovery Fund-Kws, L.P.
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Jul 17, 1998
assignor/old lender 437 West 16th Streetllc
assignee/new lender National Bank Of Newyork City
View on ACRIS ↗
AGREEMENT
Jul 17, 1998
party 1 437 West 16th Streetllc
party 2 National Bank Of Newyork City
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Jul 17, 1998
mortgager/borrower Kleinberg, Carol L.; Klienberg, Paul C.
mortgagee/lender Citytrust
View on ACRIS ↗
EASEMENT
Dec 28, 1995
grantor/seller Kleinberg, Paul
grantee/buyer New York Telephone Company
View on ACRIS ↗
AGREEMENT
Aug 25, 1995
party 1 Kleinberg, Carol L.; Kleinberg, Paul
party 2 Textron Financial Corporation
View on ACRIS ↗
AGREEMENT
Aug 25, 1995
party 1 Kleinberg, Carol L.; Kleinberg, Paul
party 2 Textron Financial Corporation
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Apr 13, 1990
assignor/old lender Signal Capital Corp
assignee/new lender Textron Financial Corp
View on ACRIS ↗
MORTGAGE
$1,075,000
Sep 15, 1987
mortgagor/borrower Kleinberg, Carol L.; Kleinberg, Paul C.
mortgagee/lender Citytrust
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Mar 27, 1987
assignor/old lender Security Pacific Bsnetc
assignee/new lender Signal Capital Corpa
View on ACRIS ↗
MORTGAGE
$656,592
Mar 27, 1987
mortgagor/borrower Kleinberg, Carol L.; Kleinberg, Paul
mortgagee/lender Signal Capital Corp
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Sep 25, 1985
assignor/old lender Beneficial Commercial Cp
assignee/new lender Security Pacifc Busietc
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Sep 25, 1985
assignor/old lender Kleinberg, Carol; Kleinberg, Paul
assignee/new lender Security Pacifc Busietc
View on ACRIS ↗
AGREEMENT
Sep 25, 1985
party 1 Kleinberg, Carol; Kleinberg, Paul
party 2 Security Pacifc Busietc
View on ACRIS ↗
MORTGAGE
$271,413
Sep 25, 1985
mortgagor/borrower Kleinberg, Carol; Kleinberg, Paul
mortgagee/lender Security Pacfc Businetc
View on ACRIS ↗
SATISFACTION OF MORTGAGE
Dec 15, 1983
mortgager/borrower Kleinberg, Paul & Ano
mortgagee/lender 437 West 16th St. Assoc.
View on ACRIS ↗
AGREEMENT
$292,477
Dec 15, 1983
party 1 Kleinberg, Carol; Kleinberg, Paul
party 2 Beneficial Commercial Cp
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Dec 15, 1983
assignor/old lender Corrado, Donata Dec'D; Mongiello, Angela Exectx
assignee/new lender Beneficial Commercial Cp
View on ACRIS ↗
MORTGAGE
$292,477
Dec 15, 1983
mortgagor/borrower Kleinberg, Carol; Kleinberg, Paul
mortgagee/lender Beneficial Commercial Cp
View on ACRIS ↗
DEED
Feb 1, 1983
grantor/seller 437 W 16 St. Associates
grantee/buyer Kleinberg, Carol; Kleinberg, Paul
View on ACRIS ↗
MORTGAGE
$35,000
Feb 1, 1983
mortgagor/borrower Kleinberg, Carol; Kleinberg, Paul
mortgagee/lender 437 W.16 St.Associates
View on ACRIS ↗
MORTGAGE
Nov 23, 1981
mortgagor/borrower 437 W 16th St Associates
mortgagee/lender Dorado Realty Co Inc
View on ACRIS ↗
ASSIGNMENT, MORTGAGE
Nov 23, 1981
assignor/old lender Dorado Realty Co Inc
assignee/new lender Corrado, Donata; Mongiello, Angela Ex
View on ACRIS ↗
DEED
Nov 23, 1981
grantor/seller Dorado Realty Co Inc
grantee/buyer 437 W 16th St Associates
View on ACRIS ↗DOB violations — total 34 · open 15 · dismissed 13
GHG Emissions - LL97
Active
Apr 20, 2026
BIS ↗Elevators
Active
Oct 11, 2024
BIS ↗Energy Grade - LL33
Active
Dec 1, 2023
FAILURE TO DISPLAY ENERGY EFFICIENCY SCORE AND ENERGY EFFICIENCY GRADE AS PER ADCODE SEC. 28-309.12.3
BIS ↗Show all 34
Elevators
Active
Oct 23, 2023
BIS ↗Elevators
Active
Oct 23, 2023
BIS ↗Elevators
Dismissed
Oct 2, 2023
BIS ↗Elevators
Active
Aug 11, 2023
BIS ↗Energy Grade - LL33
Active
Dec 1, 2022
FAILURE TO DISPLAY ENERGY EFFICIENCY SCORE AND ENERGY EFFICIENCY GRADE AS PER ADCODE SEC. 28-309.12.3
BIS ↗Energy Grade - LL33
Active
Apr 29, 2021
FAILURE TO DISPLAY ENERGY EFFICIENCY SCORE AND ENERGY EFFICIENCY GRADE AS PER ADCODE SEC. 28-309.12.3
BIS ↗Benchmarking - LL84
Active
Aug 2, 2020
FAILURE TO FILE BENCHMARKING REPORT OF ENERGY USE AS PER AD. CODE SEC. 28-309.4
BIS ↗Benchmarking - LL84
Active
May 2, 2020
FAILURE TO FILE BENCHMARKING REPORT OF ENERGY USE AS PER AD. CODE SEC. 28-309.4
BIS ↗Benchmarking - LL84
Dismissed
Nov 2, 2019
FAILURE TO FILE BENCHMARKING REPORT OF ENERGY USE AS PER AD. CODE SEC. 28-309.4
BIS ↗Benchmarking - LL84
Active
Aug 2, 2019
FAILURE TO FILE BENCHMARKING REPORT OF ENERGY USE AS PER AD. CODE SEC. 28-309.4
BIS ↗Elevators
Active
May 20, 2019
BIS ↗Benchmarking - LL84
Active
May 2, 2019
FAILURE TO FILE BENCHMARKING REPORT OF ENERGY USE AS PER AD. CODE SEC. 28-309.4
BIS ↗Elevators
Active
Jan 26, 2018
VIO ISSUED TO ELEVATOR - FAIL TO CORRECT DEFECTS ON 2016 CAT 1 INSP/TST
BIS ↗Elevators
Active
Nov 14, 2016
VIO ISSUED TO ELEVATOR - FAIL TO CORRECT DEFECTS ON 2014 CAT 1 INSP/TST
BIS ↗E-ELEVATOR ELEVATORREQUIRED
Resolved
Jan 12, 2016
BIS ↗EVCAT1-ELEVATOR ANNUAL INSPECTION / TEST ELEVATORREQUIRED
Dismissed
Jun 10, 2015
VIOLATION ISSUED TO ELEVATOR-FAILURE TO FILE CATEGORY 1 2014 INSPECTION/TEST
BIS ↗EVCAT1-ELEVATOR ANNUAL INSPECTION / TEST ELEVATORREQUIRED
Dismissed
Oct 31, 2014
VIOLATION ISSUED TO ELEVATOR-FAILURE TO FILE CATEGORY 1 2013 INSPECTION/TEST
BIS ↗E-ELEVATOR ELEVATORREQUIRED
Resolved
Jun 10, 2009
BIS ↗E-ELEVATOR ELEVATORREQUIRED
Resolved
May 12, 2008
BIS ↗E-ELEVATOR ELEVATORREQUIRED
Resolved
Mar 15, 2007
BIS ↗Photoluminescent
Dismissed
Nov 1, 2006
BIS ↗LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL
Dismissed
Apr 21, 2004
BIS ↗LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
Dismissed
Mar 19, 2003
BIS ↗E-ELEVATOR ELEVATORREQUIRED
Resolved
Feb 12, 2001
1P32769
BIS ↗LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
Dismissed
Mar 16, 1999
BIS ↗LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
Dismissed
Sep 16, 1997
BIS ↗LL1081-LOCAL LAW 10/81 - ELEVATOR ELEVATOROPTIONAL
Dismissed
Mar 8, 1996
BIS ↗LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
Dismissed
Mar 18, 1994
BIS ↗LL6291-LOCAL LAW 62/91 - BOILERS BOILER REQUIRED
Dismissed
Mar 18, 1993
BIS ↗B-BOILER BOILER OPTIONAL
Dismissed
Mar 13, 1991
BIS ↗E-ELEVATOR ELEVATORREQUIRED
Resolved
Feb 6, 1989
(51) PROVIDE GUARD RAILS FOR UPPER LEVEL OF MOTOR ROOM AND EXTEND HAND GRIFAN ON LADDER (52) PROVIDE SAFE AND CONVENIENT MEANS FOR ACCESS TO MOTOR ROO
BIS ↗DOB complaints — total 8 · open 0 · closed 8
Sidewalk shed/scaffold – none/inadequate/defective
Closed
Mar 1, 2008
Complaint 1216947
View on BIS ↗Show all 8
No HPD violations on file.
Deed & identifiers
SBL1007140014
SWIS620100
Parcel ID6201001007140014
Who owns 437 West 16 Street?
437 West 16 Street, Manhattan is owned by Salmir Realty, LLC per the 2025 NYS assessment roll. It last sold for $44,400,000 in Jun 2015.
Nearby on West 16 Street
Public record, NYS tax roll 2025. Values are the assessor's, not an appraisal. Provided for informational purposes only — accuracy and completeness are not warranted or guaranteed; verify against official sources before relying on it. Disclaimer · Request redaction
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