Financial
Distress signals
Property profile

252-254 38th St New York, NY 10018

OFF-MARKET
Banks
Property ID
US63-1446305
66,073 SF 0.11 ac lot Built 1924
Last sale Feb 2005 · $11,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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?
$426k
Tax billed · 2024
Assessed value$4.80M
Assessed land$585k
Assessed improvement$4.21M
Effective rate8.88%

Value estimate

· Sep 2026
$305k
$275k – $336k
AI approach$275k

Realmo valuation models over county records and 3 qualifying comparable sales.

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
Qualifying comparables3

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?
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 Service5.9
Laundromat3.2
Buffet2.6

Location

252-254 38th St New York, NY 10018
County assessor Recorded deeds · 3 transfers 3 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
15-17 36th, New York, NY 10018 $21,500,000 Dec 2024 80,500 SF
152 36th, New York, NY 10018-6914 $23,800,000 Sep 2024 51,853 SF
16-18 39th, New York, NY 10018 $18,000,000 Jun 2024 51,273 SF
225-229 39th, New York, NY 10018 $22,200,000 Mar 2024 88,100 SF
234 39th, New York, NY 10018-4412 $31,000,000 Jun 2019 81,763 SF
22-24 38th, New York, NY 10018 $60,500,000 Jun 2019 60,000 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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