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Property profile

224 53rd St New York, NY 10022

OFF-MARKET
Other investment properties
Property ID
US63-3807213
4,210 SF 0.05 ac lot Built 1900
Last sale Nov 2025 · $619,238
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a full-floor, two-bedroom apartment located in a walk-up building in Turtle Bay. The layout includes two bedrooms, a living area, and a separate kitchen that provides space for a dining table. The unit features hardwood flooring. Each bedroom is sized to accommodate a large bed setup, with the first bedroom suitable for a king-sized bed and additional space for a desk and dresser, and the second bedroom suitable for a queen-sized bed with room for comparable furnishings. The building was constructed in 1900 and does not provide laundry facilities.

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?
$118k
Tax billed · 2024
Assessed value$945k
Assessed land$385k
Assessed improvement$560k
Effective rate12.50%

Value estimate

· Nov 2026
$1.71M
$1.54M – $1.88M
CAP approach$2.07M

Realmo valuation models over county records and 41 qualifying comparable sales.

Recently sold

What actually traded nearby?
$774/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$552 – $1,315
Qualifying comparables41

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
Butcher11.5
Auto Parts Store9.7
Laundromat6.4

Location

224 53rd St New York, NY 10022-5206
County assessor Recorded deeds · 10 transfers 41 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
211 59th, New York, NY 10022-1403 $3,150,000 Aug 2025 4,509 SF
977 2nd, New York, NY 10022-6303 $4,800,000 Oct 2024 4,460 SF
975 2nd, New York, NY 10022-6353 $5,000,000 Jun 2023 4,000 SF
954 2nd, New York, NY 10022-7833 $3,200,000 Sep 2022 4,030 SF
407 Park, New York, NY 10022-4404 $1,540,000 Sep 2022 4,300 SF
218 52nd, New York, NY 10022-6201 $2,600,000 Mar 2021 4,185 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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