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Financial
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Property profile

41 West 35Th St New York, NY 10001

FOR SALE
Retail residential properties
Property ID
US63-3485772
5,803 SF 0.04 ac lot Built 1920
Last sale Mar 2020 · $5,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This multi-level restaurant building combines a ground floor and basement into a contiguous operating area and includes a fully equipped commissary kitchen on the lower level. A separate entrance on the second floor provides the option to configure the upper level as a distinct space. The property is equipped with ventilation and is gas-ready, and it is supported by an electrical service of approximately 800 amps. The building is located at 41 West 35th Street in Midtown South, with proximity…

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.

Debts

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?
$56k
Tax billed · 2024
Assessed value$526k
Assessed land$313k
Assessed improvement$213k
Effective rate10.59%

Value estimate

· Oct 2026
$5.03M
$4.52M – $5.53M
AI approach$4.70M
NOI build-up
Gross scheduled income$360k
Vacancy & credit loss−$54k
Operating expenses−$115k
NOI · 1.76% cap applied$191k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$823/SF
ZIP average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$165 – $2,009
Qualifying comparables6

Cap rate analysis

How does the asset earn?
1.76%
$191k 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?
M1-6
M1-6/R10 B M1-5/R9 C M1-5/R7-3 Map 2 (Ground Floor Use and Frontage) of the Queens Plaza Subdistrict Plan specifies locations where the s...
General categoryINDUSTRIAL
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 Service5.0
Buffet3.4
Laundromat2.2

Location

41 West 35Th St New York, NY 10001
County assessor Recorded deeds · 13 transfers 6 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
341 7th, New York, NY 10001-5003 $73,000,000 Jan 2025 7,400 SF
1330 Broadway, New York, NY 10001 $9,700,000 Aug 2022 5,640 SF
50 27th, New York, NY 10001-7959 $4,000,000 Oct 2021 5,187 SF
247 29th, New York, NY 10001-5275 $800,000 Apr 2020 4,418 SF
425427 7th, New York, NY 10001-5012 $1,000,000 Dec 2019 4,373 SF
429 7th, New York, NY 10001-2001 $35,000,000 Dec 2019 5,829 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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