Financial
Distress signals
Property profile

1662 1st Ave New York, NY 10028

OFF-MARKET
Other investment properties
Property ID
US63-3472445
6,000 SF 0.04 ac lot Built 1910
Last sale Mar 2012 · $2,600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Retail space totaling 1,300 square feet includes a full storage basement. The property is located in Yorkville within a dense residential area, with access to major transit via an M15 bus stop directly in front of the site and a short walk to the 4/5/6 subway line at 86th Street, with nearby activity influenced by the 2nd Avenue subway.

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?
$105k
Tax billed · 2024
Assessed value$844k
Assessed land$325k
Assessed improvement$518k
Effective rate12.50%

Value estimate

· Oct 2026
$2.39M
$2.15M – $2.63M
CAP approach$2.94M

Realmo valuation models over county records and 20 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 comparables20

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?
R10A
In the districts indicated, and in C1 and C2 Districts mapped within R9A, R9D, R9X, R10A, R10X or R11A Districts, no floor area bonuses a...
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 Firm87.9
Realty agency51.5
Accounting Firm33.2

Location

1662 1st Ave New York, NY 10028-4770
County assessor Recorded deeds · 5 transfers 20 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
1410 3rd, New York, NY 10028-1801 $16,666,666 May 2025 5,170 SF
1631 2nd, New York, NY 10028-4464 $55,020,001 Jan 2024 6,400 SF
1260 Lexington, New York, NY 10028-2006 $13,084,250 Dec 2022 5,960 SF
249 82nd, New York, NY 10028-2701 $12,909,375 Aug 2021 5,218 SF
1065 Madison, New York, NY 10028-0238 $10,200,000 Jul 2021 5,880 SF
1609 2nd, New York, NY 10028-4153 $6,525,000 Oct 2018 5,996 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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