Financial
Distress signals
Property profile

609 5th Aveouo New York, NY 10017

OFF-MARKET
Flex space
Property ID
US63-2034763
98,039 SF
Last sale Jun 2022 · $100,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$1.54M
Tax billed · 2024
Assessed value$14.91M
Assessed land$5.22M
Assessed improvement$9.69M
Effective rate10.33%

Value estimate

· Sep 2026
$102.28M
$92.05M – $112.51M
Sales comparison$95.79M

Realmo valuation models over county records and 3 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 comparables3

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?
C5-3
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: Pet Grooming Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pet Grooming Service6.3
Laundromat5.3
Butcher4.9

Location

609 5th Aveouo New York, NY 10017-1021
County assessor Recorded deeds · 5 transfers 3 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
130 42nd Stdec8, New York, NY 10017 $9,032,817 Dec 2025 30,519 SF
237 Park Avecu1, New York, NY 10017-3140 $15,475,897 Oct 2024 21,475 SF
309 49th Stcom, New York, NY 10017-1634 $1,305,720 Nov 2022 4,350 SF
110 42nd Stc, New York, NY 10017-5611 $10,000,000 Jan 2022 19,031 SF
866 2nd Ave Fl 10a, New York, NY 10017-2905 $1,600,000 Nov 2021 5,127 SF
227 44th Stcomm, New York, NY 10017-4369 $13,000,000 Apr 2020 10,096 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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