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Financial
Distress signals
Property profile

297 7th Ave New York, NY 10001

OFF-MARKET
Hotels
Property ID
US63-5713343
4,800 SF 0.05 ac lot Built 1920
Last sale Nov 2023 · $5,000,000
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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Property summary

AI-generated overview

This exceptional Chelsea property at 297 7th Avenue offers three contiguous floors, each spanning 850 square feet, totaling 2,550 square feet of versatile space. Located in a prime Manhattan location, this building is ideal for a variety of uses, including traditional office, coworking, medical office, or creative office spaces. The building itself is a four-story, Class B structure, originally built in 1920 and extensively renovated in 2024. The property features a single building with no…

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?
$78k
Tax billed · 2024
Assessed value$732k
Assessed land$358k
Assessed improvement$375k
Effective rate10.59%

Value estimate

· Oct 2026
$4.75M
$4.27M – $5.22M
AI approach$4.83M
Submarket $/SF estimate$5.58M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$2,498/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$768 – $3,771

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?
M1-6
M1-6/R10 B M1-5/R9 C M1-5/R7-3 Map 2 (Ground Floor Use and Frontage) of the Queens Plaza Subdistrict Plan specifies locations where the s...
General categoryINDUSTRIAL
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 Service7.9
Buffet4.1
Laundromat4.1

Location

297 7th Ave New York, NY 10001-6013
County assessor Recorded deeds · 9 transfers Qualifying comp sales · not on file 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
35 28th Stph41d, New York, NY 10001 $7,000,000 Feb 2026 1,848 SF
250 5th Avecu-3, New York, NY 10001-6405 $76,367,916 Feb 2025 22,641 SF
444 10th, New York, NY 10001-1405 $1,701,000 Jan 2025 48,264 SF
121 28th, New York, NY 10001-6102 $49,910,000 Dec 2024 71,500 SF
121-125 26th, New York, NY 10001 $80,300,006 Jun 2022 64,764 SF
30 31st, New York, NY 10001-4403 $51,150,000 Oct 2019 60,270 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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