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Financial
Distress signals
Property profile

211 48th St New York, NY 10017

OFF-MARKET
Office buildings
Property ID
US63-3009132
4,483 SF 0.04 ac lot Built 1920
Last sale Mar 2020 · $3,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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.

Debts

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?
$72k
Tax billed · 2024
Assessed value$684k
Assessed land$150k
Assessed improvement$534k
Effective rate10.59%

Value estimate

· Oct 2026
$3.47M
$3.12M – $3.82M
AI approach$3.58M
CAP approach$2.31M
Submarket $/SF estimate$2.98M

Realmo valuation models over county records and 11 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 comparables11

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?
R8B
In R8B Districts, within the boundaries of Community District 8 in the Borough of Manhattan, the maximum floor area ratio on a zoning lot...
General categoryRESIDENTIAL
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
Butcher10.6
Laundromat8.9
Auto Parts Store7.0

Location

211 48th St New York, NY 10017-1538
County assessor Recorded deeds · 4 transfers 11 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
630 3rd, New York, NY 10017-6705 $66,244,841 Jul 2025 210,777 SF
354 Lexington, New York, NY 10017-6501 $65,500,000 Aug 2024 238,294 SF
216 49th, New York, NY 10017-1546 $9,050,000 Mar 2024 14,976 SF
473-477 5th, New York, NY 10017 $291,000,000 May 2022 220,413 SF
461 5th, New York, NY 10017-6234 $28,353,438 Jul 2021 201,387 SF
3 44th, New York, NY 10017-3600 $15,300,000 Aug 2019 14,446 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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