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Financial
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Property profile

43 W 54Th St New York Manhattan, NY 10019

FOR SALE
Other investment properties
Property ID
US63-1871208
5,802 SF 0.04 ac lot Built 1915
Last sale Mar 2023 · $5,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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43 W 54Th St,Unit New York, Manhattan, NY 10019 For Sale
$11,000,000 5,802 SF
43 W 54Th St,Unit New York, Manhattan, NY 10019
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Property summary

AI-generated overview

The property is a multi-unit commercial building with a total floor area of 5,802 square feet located in Midtown Manhattan. It contains six free-market units plus a dedicated restaurant space. The building features renovations, having been recently updated.

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?
$148k
Tax billed · 2024
Assessed value$1.19M
Assessed land$331k
Assessed improvement$856k
Effective rate12.50%

Value estimate

· Oct 2026
$4.70M
$4.23M – $5.17M
AI approach$4.71M
Submarket $/SF estimate$5.88M
NOI build-up
Gross scheduled income$1.53M
Vacancy & credit loss−$184k
Operating expenses−$337k
NOI · 9.19% cap applied$1.01M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$687/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$501 – $1,014
Qualifying comparables8

Cap rate analysis

How does the asset earn?
9.19%
$1.01M 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?
C5-P
This district is designed to provide for office buildings and the great variety of large retail stores and related activities in the cent...
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
Laundromat9.1
Pet Grooming Service7.0
Butcher6.4

Location

43 W 54Th St, Unit New York Manhattan, NY 10019
County assessor Recorded deeds · 2 transfers 8 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
734 10th, New York, NY 10019-7019 $7,700,000 Feb 2023 5,749 SF
160 54th, New York, NY 10019-5301 $6,000,000 Sep 2022 5,702 SF
819 9th, New York, NY 10019-4461 $8,500,000 May 2022 6,024 SF
817 9th, New York, NY 10019-4401 $8,500,000 May 2022 6,401 SF
359 52nd, New York, NY 10019-6205 $2,375,000 Mar 2021 4,750 SF
344 52nd, New York, NY 10019-6283 $40,000 Aug 2020 5,312 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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