Financial
Distress signals
Property profile

115 East 61St St New York, NY 10065

FOR SALE
Office buildings
Property ID
US63-1962154
58,298 SF 0.13 ac lot Built 1930
Last sale Nov 2025 · $700,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Situated in Lenox Hill at 115 East 61st Street between Park and Lexington Avenue, this medical office suite is located on the 9th floor of a pre-war medical co-op building. The suite comprises approximately 4,200 square feet and is configured as a full-floor layout with direct elevator access via two passenger cars. Internally, the horseshoe-style plan includes two offices/consults (one with a private restroom), three procedure rooms each with a dedicated dressing room, four additional exam…

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.

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?
$849k
Tax billed · 2024
Assessed value$8.02M
Assessed land$2.38M
Assessed improvement$5.64M
Effective rate10.59%

Value estimate

· Sep 2026
$1.20M
$1.08M – $1.32M
AI approach$1.20M
Submarket $/SF estimate$958k
NOI build-up
Gross scheduled income$31k
Vacancy & credit loss−$6k
Operating expenses−$6k
NOI · 4.33% cap applied$19k

Realmo valuation models over county records and 3 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 comparables3

Cap rate analysis

How does the asset earn?
4.33%
$19k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R8B
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 Store24.8
Auto Repair Shop16.9
Daycare Center15.3

Location

115 East 61St St New York, NY 10065
County assessor Recorded deeds · 8 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

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
653 Madison, New York, NY 10065-8041 $159,433,333 Oct 2024 198,347 SF
35-37 62nd, New York, NY 10065 $25,000,000 Apr 2021 19,200 SF
39-41 62nd, New York, NY 10065 $10,000,000 Apr 2021 15,270 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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