Financial
Distress signals
Property profile

49 39th St New York, NY 10018

OFF-MARKET
Other investment properties
Property ID
US63-0774971
9,660 SF 0.05 ac lot Built 1910
Last sale Mar 2020 · $18,500,000
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

The property at 49 W 39th St contains former spa space configured for flexible office and retail use. The available suite is approximately 1,700 SF and supports a range of concepts aligned with the prior interior layout, including boutique retail, café, salon, gallery, creative office, or wellness-oriented operations. The space is located in Midtown Manhattan near Bryant Park, with proximity to 5th Avenue and Times Square. Public transit access is strong, with nearby subway service including

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?
$122k
Tax billed · 2024
Assessed value$973k
Assessed land$308k
Assessed improvement$665k
Effective rate12.50%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$725/SF
Submarket average, outlier-cleaned · 1320 recorded sales of this use type
Observed band · Q1–Q3$337 – $1,205
Qualifying comparables24

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 Service6.3
Assisted Living Facility1.6
Buffet1.0

Location

49 39th St New York, NY 10018-3887
County assessor Recorded deeds · 9 transfers 24 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
356 37th, New York, NY 10018-4295 $4,005,500 Nov 2022 3,250 SF
478 9th, New York, NY 10018-5621 $4,005,500 Nov 2022 5,100 SF
472 9th, New York, NY 10018-5616 $1,600,000 Nov 2022 5,913 SF
520 9th, New York, NY 10018-2832 $2,500,000 Jul 2021 3,610 SF
45 39th, New York, NY 10018-3883 $17,932,500 Jul 2020 6,211 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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