Financial
Distress signals
Property profile

389 Ave Of The Americas New York, NY 10014

OFF-MARKET
Retail residential properties
Property ID
US63-3161651
5,720 SF 0.04 ac lot Built 1900
Last sale Apr 2025 · $7,549,728
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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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?
$87k
Tax billed · 2024
Assessed value$882k
Assessed land$360k
Assessed improvement$523k
Effective rate9.88%

Value estimate

· Sep 2026
$5.06M
$4.55M – $5.56M

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,331/SF
ZIP average, outlier-cleaned · 62 recorded sales of this use type
Observed band · Q1–Q3$740 – $1,822
Qualifying comparables13

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?
C4-5
This district comprise the City major and secondary shopping and business centers, which provide for shopping needs and services over a w...
General categoryCOMMERCIAL
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Nursing Home
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nursing Home17.8
Assisted Living Facility15.4
Auto Parts Store13.3

Location

389 Ave Of The Americas New York, NY 10014-3503
County assessor Recorded deeds · 7 transfers 13 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
399-401 Ave Of The Amer, New York, NY 10014 $16,700,271 Apr 2025 4,306 SF
289 Bleecker, New York, NY 10014-4106 $3,200,000 Oct 2024 7,505 SF
309 Ave Of The Americas, New York, NY 10014 $13,500,000 Oct 2023 5,400 SF
307 Ave Of The Americas, New York, NY 10014-4403 $13,500,000 Oct 2023 4,550 SF
42 Commerce, New York, NY 10014-3711 $10,026,428 Jul 2023 8,401 SF
16 Barrow, New York, NY 10014-6800 $6,430,000 Nov 2022 7,397 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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