Financial
Distress signals
Property profile

1177 Avenue Of The Americas Unit 5TH 5th New York, NY 10036

FOR LEASE
Office buildings
Property ID
US63-3387373
912,955 SF 0.74 ac lot Built 1988
Last sale Oct 2025 · $572,290,334
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This Class A office building, located at 1177 Avenue of the Americas, 5th Floor, New York, NY 10036, offers 33,628 square feet of flexible workspace. The property, renovated in 2019, features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet are vacant and available for lease. The building boasts a polished granite exterior, a 60-foot-high lobby, and a top-floor conference suite with stunning city

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?
$16.92M
Tax billed · 2024
Assessed value$159.74M
Assessed land$42.30M
Assessed improvement$117.44M
Effective rate10.59%

Value estimate

· Sep 2026
$616.67M
$555.00M – $678.34M
Sales comparison$705.43M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$639/SF
Submarket average, outlier-cleaned · 224 recorded sales of this use type
Observed band · Q1–Q3$152 – $1,228
Qualifying comparables5

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?
C6-6
This district is designed to provide for the wide range of retail, office, amusement and recreation, service, production and related uses...
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
Adult Day Care Center2.0
Assisted Living Facility1.6

Location

1177 Avenue Of The Americas Unit 5TH, Unit 5th New York, NY 10036
County assessor Recorded deeds · 6 transfers 5 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
300 43rd, New York, NY 10036-6582 $31,000,000 May 2025 57,932 SF
114 47th, New York, NY 10036-1510 $15,475,897 Oct 2024 646,995 SF
510-514 5th, New York, NY 10036 $50,000,000 Aug 2023 57,223 SF
221 41st, New York, NY 10036-7206 $161,109,000 Mar 2022 235,300 SF
330 42nd, New York, NY 10036-6902 $1,696,842 May 2021 552,775 SF
1120 Ave Of The Americas, New York, NY 10036-6708 $2,790,000 Feb 2019 615,000 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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