Financial
Distress signals
Property profile

1556 2nd Ave New York, NY 10028

OFF-MARKET
Investment properties
Property ID
US63-3301299
5,383 SF 0.04 ac lot Built 1910
Last sale Feb 2014 · $7,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional Class A retail space, located at 1556 2nd Avenue in the vibrant heart of New York City (zip code 10028), presents a unique investment opportunity. The property boasts a prime location with high foot traffic, ideal for a discerning restaurant, bar, or food-related business. Spanning 2,000 square feet, this single-tenant space offers ample room for a variety of concepts. Its classification as a Class A property signifies superior construction, amenities, and location within a

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?
$78k
Tax billed · 2024
Assessed value$624k
Assessed land$71k
Assessed improvement$553k
Effective rate12.50%

Value estimate

· Sep 2026
$365k
$329k – $402k
CAP approach$2.64M

Realmo valuation models over county records and 5 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 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?
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 Firm64.6
Auto Repair Shop36.8
Kitchen & Bath30.0

Location

1556 2nd Ave New York, NY 10028-3906
County assessor Recorded deeds · 5 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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