Financial
Distress signals
Property profile

230 44th St 238 New York, NY 10017

OFF-MARKET
Retail residential properties
Property ID
US63-2211800
135,315 SF 0.3 ac lot Built 1963
Last sale Sep 2024 · $2,501,584
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A 14-story elevator-served multifamily building located on the south side of the street between 3rd and 2nd Avenue in the Turtle Bay area, with approximately 130 feet of street frontage and 135,315 gross square feet. The property is zoned C5-2 (Block 1217, Lot 30) and contains 164 residential apartments and 3 commercial units. The residential unit mix consists of 42 one-bedroom, 90 two-bedroom, 23 three-bedroom, 6 four-bedroom, and 3 five-bedroom apartments. The residential units are mostly

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?
$2.18M
Tax billed · 2024
Assessed value$17.46M
Assessed land$2.95M
Assessed improvement$14.52M
Effective rate12.50%

Value estimate

· Sep 2026
$2.50M
$2.25M – $2.75M
AI approach$2.50M
Submarket $/SF estimate$3.32M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$725/SF
Submarket average, outlier-cleaned · 1320 recorded sales of this use type
Observed band · Q1–Q3$337 – $1,205
Qualifying comparables3

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?
C5-2
This district is designed to provide for office buildings and the great variety of large retail stores and related activities in the cent...
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
Butcher8.2
Laundromat4.9
Buffet4.8

Location

230 44th St, Unit 238 New York, NY 10017-4335
County assessor Recorded deeds · 11 transfers 3 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
765 United Nations, New York, NY 10017-3501 $33,335,000 Aug 2025 15,455 SF
300 46th, New York, NY 10017-3000 $2,501,584 Sep 2024 191,613 SF
603 5th, New York, NY 10017-1006 $16,250,000 Mar 2023 9,446 SF
245 44th, New York, NY 10017-4337 $50,100,000 Oct 2022 169,828 SF
131-135 47th, New York, NY 10017 $42,874,315 Dec 2019 166,036 SF
601 5th, New York, NY 10017-1024 $40,807,488 Mar 2019 12,420 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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