Financial
Distress signals
Property profile

1501 3Rd Ave New York City, NY 10028

FOR SALE
Investment properties
Property ID
US63-6289313
7,662 SF 0.06 ac lot Built 1910
Last sale May 2025 · $7,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
1501 3Rd Ave, New York City, NY 10028 For Sale
$5,225,000 7,662 SF
1501 3Rd Ave, New York City, NY 10028
View Listing

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?
$119k
Tax billed · 2024
Assessed value$1.25M
Assessed land$300k
Assessed improvement$950k
Effective rate9.56%

Value estimate

· Oct 2026
$5.23M
$4.70M – $5.75M
AI approach$5.45M
Submarket $/SF estimate$9.00M

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$942/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$365 – $1,351
Qualifying comparables14

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?
C1-9
This district is designed to provide for local shopping and include a wide range of retail stores and personal service establishments whi...
General categoryCOMMERCIAL
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm83.5
Auto Repair Shop36.8
Realty agency35.8

Location

1501 3Rd Ave New York City, NY 10028
County assessor Recorded deeds · 12 transfers 14 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
1412-1414 3rd, New York, NY 10028 $16,666,666 May 2025 8,180 SF
1220-1224 Lexington, New York, NY 10028 $13,000,000 Jan 2025 8,484 SF
1631 2nd, New York, NY 10028-4464 $55,020,001 Jan 2024 6,400 SF
1582 York, New York, NY 10028-6024 $5,800,000 Nov 2023 7,700 SF
1530 York, New York, NY 10028-7003 $10,400,000 Jul 2023 7,925 SF
501 12th E 83rd, New York, NY 10028-7205 $3,700,000 Jun 2023 7,200 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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