Financial
Distress signals
Property profile

1114 1st Ave New York, NY 10065

OFF-MARKET
Banks
Property ID
US63-5527953
41,300 SF 0.11 ac lot Built 1947
Last sale Sep 2024 · $19,939,582
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located at 1114 1st Ave. on the northeast corner of East 61st Street and First Avenue, this eight-story mixed-use building contains approximately 43,180 RSF. Floors 2 through 8 offer floor plates of about 5,500 RSF with 13-foot ceiling heights. Ground level is configured with street-facing retail space, and the building includes an enclosed private loading dock, an oversized freight elevator that serves every floor and the roof, and a curb cut on East 61st Street for vehicle access to the dock

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?
$516k
Tax billed · 2024
Assessed value$4.87M
Assessed land$1.50M
Assessed improvement$3.37M
Effective rate10.59%

Value estimate

· Sep 2026
$19.94M
$17.95M – $21.93M
AI approach$19.94M
Submarket $/SF estimate$20.11M

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?
C8-4
This district is designed to provide for necessary services for a wider area than is served by the Local Commercial Districts and often i...
General categoryCOMMERCIAL
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store22.1
Nursing Home15.1
Daycare Center15.0

Location

1114 1st Ave New York, NY 10065-8325
County assessor Recorded deeds · 6 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
200 62nd Stret, New York, NY 10065-8209 $22,000,000 Jul 2025 7,807 SF
188 64th Stcom, New York, NY 10065-7451 $16,259,020 Feb 2024 24,691 SF
140 63rd St Ofc, New York, NY 10065-7654 $16,200,660 Nov 2021 4,542 SF
40 66th Stcom, New York, NY 10065-6515 $30,000,000 Oct 2021 12,616 SF
27 62nd, New York, NY 10065-8014 $60,000,000 Jun 2021 50,068 SF
1156 3rd Avecomm, New York, NY 10065 $7,500,000 Jun 2020 15,105 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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