Financial
Distress signals
Property profile

140 56th St New York, NY 10022

OFF-MARKET
Retail space
Property ID
US63-5692830
11,425 SF 0.33 ac lot Built 1956
Last sale Mar 2024 · $5,950,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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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.

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?
$340k
Tax billed · 2024
Assessed value$3.21M
Assessed land$1.22M
Assessed improvement$1.99M
Effective rate10.59%

Value estimate

· Sep 2026
$5.95M
$5.36M – $6.55M
AI approach$5.95M

Realmo valuation models over county records and 8 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 comparables8

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?
C52.5
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store14.7
Butcher12.4
Laundromat11.5

Location

140 56th St New York, NY 10022-3623
County assessor Recorded deeds · 4 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
205 59th Stc, New York, NY 10022-1495 $11,700,000 Sep 2024 13,430 SF
400 51st Stcomm, New York, NY 10022-8011 $2,882,225 Jan 2024 7,089 SF
152 55th, New York, NY 10022-4513 $17,500,000 Aug 2022 18,281 SF
866 3rd Ave, New York, NY 10022-6221 $93,375 May 2022 17,271 SF
252 57th Stret-d, New York, NY 10022-3452 $232,300,000 May 2021 15,788 SF
2 55th Stretal, New York, NY 10022-3103 $189,089,002 May 2019 12,869 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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