Financial
Distress signals
Property profile

405 57th St New York, NY 10022

OFF-MARKET
Investment properties
Property ID
US63-0014870
2,500 SF 0.02 ac lot Built 1900
Last sale Apr 2023 · $4,000,000
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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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?
$41k
Tax billed · 2024
Assessed value$217k
Assessed land$55k
Assessed improvement$162k
Effective rate18.95%

Value estimate

· Sep 2026
$3.76M
$3.38M – $4.14M
AI approach$3.77M

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

Recently sold

What actually traded nearby?
$774/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$552 – $1,315
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?
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: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store13.7
Butcher11.2
Nursing Home7.5

Location

405 57th St New York, NY 10022-3140
County assessor Recorded deeds · 5 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
709 Lexington, New York, NY 10022-2053 $650,000 Jan 2025 1,960 SF
1083 2nd, New York, NY 10022-2004 $830,000 Aug 2024 2,400 SF
975 2nd, New York, NY 10022-6353 $5,000,000 Jun 2023 4,000 SF
413 53rd, New York, NY 10022-5122 $2,443,654 Jun 2023 3,520 SF
306 50th, New York, NY 10022-7907 $5,250,000 Dec 2022 3,404 SF
954 2nd, New York, NY 10022-7833 $3,200,000 Sep 2022 4,030 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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