Financial
Distress signals
Property profile

Broadway Broadway New York, NY 10036

OFF-MARKET
Banks
Property ID
US63-3824211
236,119 SF 0.39 ac lot Built 1925
Last sale May 2021 · $1,696,842
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

1560 Broadway is a historic 17-story office building constructed in 1925 and designed by the Bethlehem Engineering Corporation, located in the Times Square/Theater District area of Midtown Manhattan. The building was substantially redeveloped in 2014, including a physical connection to the landmarked I. Miller Building, and the addition of a new office entrance with a 100-foot-long fourth-floor sky lobby served by shuttle elevators as well as dedicated dispatch elevators to upper floors. The

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$5.18M
Tax billed · 2024
Assessed value$48.90M
Assessed land$8.13M
Assessed improvement$40.77M
Effective rate10.59%

Value estimate

· Sep 2026
$1.71M
$1.53M – $1.88M
AI approach$1.16M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$446/SF
Submarket average, outlier-cleaned · 124 recorded sales of this use type
Observed band · Q1–Q3$90 – $783

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C67T
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Pet Grooming Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pet Grooming Service6.3
Adult Day Care Center2.7
Assisted Living Facility1.6

Location

Broadway Broadway New York, NY 10036
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
653 11th, New York, NY 10036-2004 $57,789,019 Dec 2024 153,363 SF
315 44th, New York, NY 10036-5402 $40,500,000 Sep 2024 181,021 SF
25 45th, New York, NY 10036-4902 $64,169,887 Apr 2022 187,567 SF
630 9th, New York, NY 10036-3708 $1,696,842 May 2021 236,280 SF
15-19 47th, New York, NY 10036 $110,000,000 Dec 2020 120,790 SF
45-47 45th, New York, NY 10036 $126,000,000 Nov 2019 108,929 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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