Financial
Distress signals
Property profile

23 Chatham Sq New York, NY 10038

OFF-MARKET
Office buildings
Property ID
US63-3169081
4,675 SF 0.02 ac lot Built 1900
Last sale May 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

23 Chatham Square is a four-story mixed-use building comprising a ground-level bank branch, usable basement area, and office space on the upper floors, with approximately 1,900 SF of unused commercial air rights included in the building’s development profile. The property is located at Kim Lau Square at the intersection of Bowery, East Broadway, and Oliver Street, and it sits in a C6-1G Commercial District and the TA Special Transit Land Use District; residential conversion would require a

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?
$49k
Tax billed · 2024
Assessed value$504k
Assessed land$205k
Assessed improvement$300k
Effective rate9.65%

Value estimate

· Sep 2026
$275k
$248k – $303k

Realmo valuation models over county records and 9 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 comparables9

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?
C61G
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Assisted Living Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Assisted Living Facility11.3
Nursing Home10.3
Pet Grooming Service9.9

Location

23 Chatham Sq New York, NY 10038-1059
County assessor Recorded deeds · 1 transfer 9 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

5 recorded sales · 18 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
222 Broadway, New York, NY 10038-2510 $2,481,446 Dec 2025 756,138 SF
180 Maiden, New York, NY 10038-4925 $297,000,000 Jul 2024 1,079,361 SF
80 Maiden, New York, NY 10038-4811 $28,050,000 Jul 2024 527,605 SF
15 Maiden Ln, New York, NY 10038-5108 $218,880 Sep 2023 124,910 SF
40 Fulton, New York, NY 10038-1850 $101,000,000 Dec 2022 234,553 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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