Financial
Distress signals
Property profile

1071 1st Ave New York, NY 10022

OFF-MARKET
Investment properties
Property ID
US63-4031668
6,300 SF 0.04 ac lot Built 1900
Last sale Feb 2005 · $3,325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 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?
$119k
Tax billed · 2024
Assessed value$951k
Assessed land$452k
Assessed improvement$499k
Effective rate12.50%

Value estimate

· Sep 2026
$1.95M
$1.75M – $2.14M

Realmo valuation models over county records and 13 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 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?
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 Store19.4
Butcher12.1
Daycare Center11.4

Location

1071 1st Ave New York, NY 10022-2207
County assessor Recorded deeds · 6 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
39 60th, New York, NY 10022-1022 $103,275,000 Mar 2025 6,740 SF
37 60th, New York, NY 10022-1021 $103,275,000 Mar 2025 6,980 SF
7 53rd, New York, NY 10022-4201 $3,050,000 Jan 2024 5,460 SF
243 60th, New York, NY 10022-1450 $3,000,000 May 2023 4,732 SF
58 56th, New York, NY 10022-3218 $8,000,000 May 2021 6,750 SF
108 60th, New York, NY 10022-1103 $7,040,000 May 2021 6,554 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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