Financial
Distress signals
Property profile

242 Broome St RTL1 New York, NY 10002

OFF-MARKET
Retail space
Property ID
US63-0006590
10,543 SF 0.5 ac lot Built 2016
Last sale Apr 2023 · $9,088,766
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A street-level retail storefront space located at 242 Broome St, New York, NY 10002, configured for retail use and designed to provide direct street presence. The provided information does not specify the building’s interior layout, square footage, frontage, or any additional structural or amenity details, which should be verified to confirm current conditions and specific space characteristics.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$147k
Tax billed · 2024
Assessed value$2.95M
Assessed land$587k
Assessed improvement$2.36M
Effective rate4.99%

Value estimate

· Sep 2026
$8.34M
$7.50M – $9.17M
AI approach$8.83M
Submarket $/SF estimate$9.09M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$732/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$530 – $862
Qualifying comparables10

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?
C6-1
This district is designed to provide for the wide range of retail, office, amusement and recreation, service, production and related uses...
General categoryCOMMERCIAL
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Assisted Living Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Assisted Living Facility21.4
Nursing Home20.7
Pet Grooming Service9.5

Location

242 Broome St, Unit RTL1 New York, NY 10002-5085
County assessor Recorded deeds · 1 transfer 10 qualifying comp sales 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21 Ludlow, New York, NY 10002-6392 $1,300,000 Mar 2025 3,404 SF
133 Norfolk St, New York, NY 10002-2378 $1,860,000 Aug 2023 6,441 SF
240-242 Houston St, New York, NY 10002 $1,080,563 Jan 2023 7,340 SF
136 Broadwayc-2, New York, NY 10002-6393 $2,800,000 Jan 2023 3,170 SF
119 Orch, New York, NY 10002-3103 $8,500,000 Apr 2021 16,579 SF
187 Houston St, New York, NY 10002-1051 $88,750,000 Jul 2019 10,096 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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