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Financial
Distress signals
Property profile

1881 Broadway New York, NY 10023

OFF-MARKET
Office buildings
Property ID
US63-1475529
19,653 SF 0.12 ac lot Built 1930
Last sale Dec 2004 · $9,031,000
Individually Owned Owner of record is an individual. 21-yr Hold Held for 21 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A recently built office property configured across floors 3 and 4, with a total of 6,060 square feet, and designed to be leased either together or separately by floor. The interior features wide-plank hardwood flooring, exposed ceiling elements, and abundant window openings for daylight. It includes glass-walled meeting rooms and private office space, along with four furnished lounge areas. The layout provides three private bathrooms and is described as furnished and pre-wired for office use. The building also supports lobby signage.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$544k
Tax billed · 2024
Assessed value$5.18M
Assessed land$2.14M
Assessed improvement$3.04M
Effective rate10.51%

Value estimate

· Oct 2026
$495k
$446k – $545k

Realmo valuation models over county records and 6 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 comparables6

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?
C4-7
This district comprise the City major and secondary shopping and business centers, which provide for shopping needs and services over a w...
General categoryCOMMERCIAL
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Butcher
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Butcher11.9
Nursing Home10.6
Assisted Living Facility9.5

Location

1881 Broadway New York, NY 10023-7035
County assessor Recorded deeds · 2 transfers 6 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

18 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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