Financial
Distress signals
Property profile

216 47th Stcomm New York, NY 10017

OFF-MARKET
Flex space
Property ID
US63-3518574
2,171 SF 0.1 ac lot Built 1985
Last sale Dec 2021 · $1,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$24k
Tax billed · 2024
Assessed value$229k
Assessed land$135k
Assessed improvement$94k
Effective rate10.59%

Value estimate

· Sep 2026
$1.37M
$1.23M – $1.51M
AI approach$1.37M
Sales comparison$1.56M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,157/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$721 – $1,618
Qualifying comparables9

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?
R10
In M1 Districts without a letter suffix paired with an R9 or R10 District, the sign regulations applicable to the Queens Plaza Subdistric...
General categoryRESIDENTIAL
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
Butcher9.1
Laundromat4.9
Buffet4.0

Location

216 47th Stcomm New York, NY 10017-2185
County assessor Recorded deeds · 1 transfer 9 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
820 2nd Ave, New York, NY 10017-4502 $1,100,000 Jul 2025 2,578 SF
800 2nd Ave, New York, NY 10017-9221 $1,603,200 Dec 2024 2,179 SF
360 Madison Ave, New York, NY 10017-7111 $15,475,897 Oct 2024 4,086 SF
309 49th Stcom, New York, NY 10017-1634 $1,305,720 Nov 2022 4,350 SF
210 47th St1dp, New York, NY 10017-2108 $1,383,334 Jan 2019 1,100 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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