Financial
Distress signals
Property profile

421 54th Stc2 New York, NY 10019

OFF-MARKET
Retail space
Property ID
US63-3925386
12,380 SF
Last sale Oct 2023 · $4,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$170k
Tax billed · 2024
Assessed value$1.61M
Assessed land$205k
Assessed improvement$1.40M
Effective rate10.59%

Value estimate

· Sep 2026
$4.13M
$3.71M – $4.54M
AI approach$4.33M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,315/SF
Submarket average, outlier-cleaned · 294 recorded sales of this use type
Observed band · Q1–Q3$531 – $2,800
Qualifying comparables7

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?
C6-2
This district is designed to provide for the wide range of retail, office, amusement and recreation, service, production and related uses...
General categoryCOMMERCIAL
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat7.9
Pet Grooming Service7.2
Adult Day Care Center7.0

Location

421 54th Stc2 New York, NY 10019-4412
County assessor Recorded deeds · 3 transfers 7 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
540 53rd, New York, NY 10019-5010 $2,251,826 Apr 2025 12,419 SF
171 57th St Ph 1a, New York, NY 10019-2222 $25,000,000 Feb 2025 9,975 SF
724 5th Ave Lbby, New York, NY 10019-4106 $425,000,000 Jan 2024 13,648 SF
301 53rd Stretai, New York, NY 10019-5766 $27,000,000 Sep 2022 16,617 SF
1600 Broadwayretl1, New York, NY 10019-7413 $191,500,000 Mar 2022 21,312 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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