Financial
Distress signals
Property profile

1640 Park Ave New York, NY 10035

OFF-MARKET
Retail residential properties
Property ID
US63-1919218
21,025 SF 0.05 ac lot Built 2022
Last sale Dec 2021 · $2,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 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?
$143k
Tax billed · 2024
Assessed value$1.15M
Assessed land$61k
Assessed improvement$1.09M
Effective rate12.50%

Value estimate

· Sep 2026
$2.01M
$1.81M – $2.21M
AI approach$2.00M

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

Recently sold

What actually traded nearby?
$343/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$112 – $566
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?
R9
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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm189.2
Realty agency115.6
Acupuncture33.0

Location

1640 Park Ave New York, NY 10035-4629
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 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2338 2nd, New York, NY 10035-4203 $73,611 Feb 2026 23,913 SF
2162 3rd, New York, NY 10035-4003 $15,000,000 Dec 2025 29,607 SF
1661 Park, New York, NY 10035-4635 $2,501,584 Sep 2024 22,434 SF
322-324 126th, New York, NY 10035 $7,550,000 Aug 2022 17,454 SF
1664-1666 Park, New York, NY 10035 $12,157,050 Apr 2022 19,445 SF
147 118th, New York, NY 10035-4012 $4,000,000 May 2021 17,035 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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