Financial
Distress signals
Property profile

954 2Nd Ave New York City, NY 10022

FOR SALE
Investment properties
Property ID
US63-0792306
4,030 SF 0.03 ac lot Built 1900
Last sale Sep 2022 · $3,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional mixed-use property at 954 2nd Avenue in New York City presents a compelling investment opportunity. The building encompasses a total of 4,030 square feet and comprises one building with five units. The commercial space is currently occupied by Chubby Cattle, a newly renovated restaurant. Four residential units are also included, providing a diverse income stream. The property is zoned C1-9, allowing for a variety of potential uses. Located in the vibrant heart of New York

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?
$125k
Tax billed · 2024
Assessed value$997k
Assessed land$449k
Assessed improvement$549k
Effective rate12.50%

Value estimate

· Sep 2026
$2.73M
$2.46M – $3.00M
AI approach$2.77M
CAP approach$1.98M
NOI build-up
Gross scheduled income$950k
Vacancy & credit loss−$140k
Operating expenses−$243k
NOI · 9.61% cap applied$567k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$774/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$552 – $1,315
Qualifying comparables5

Cap rate analysis

How does the asset earn?
9.61%
$567k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C1-9
This district is designed to provide for local shopping and include a wide range of retail stores and personal service establishments whi...
General categoryCOMMERCIAL
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Butcher
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Butcher11.2
Laundromat8.7
Auto Parts Store7.4

Location

954 2Nd Ave New York City, NY 10022
County assessor Recorded deeds · 2 transfers 5 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
211 59th, New York, NY 10022-1403 $3,150,000 Aug 2025 4,509 SF
977 2nd, New York, NY 10022-6303 $4,800,000 Oct 2024 4,460 SF
975 2nd, New York, NY 10022-6353 $5,000,000 Jun 2023 4,000 SF
413 53rd, New York, NY 10022-5122 $2,443,654 Jun 2023 3,520 SF
407 Park, New York, NY 10022-4404 $1,540,000 Sep 2022 4,300 SF
218 52nd, New York, NY 10022-6201 $2,600,000 Mar 2021 4,185 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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