Financial
Distress signals
Property profile

231-233 Lexington Ave New York, NY 10016

OFF-MARKET
Apartment buildings
Property ID
US63-3455115
13,614 SF 0.07 ac lot Built 1920
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 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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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?
$147k
Tax billed · 2024
Assessed value$1.36M
Assessed land$259k
Assessed improvement$1.10M
Effective rate10.82%

Value estimate

· Sep 2026
$3.89M
$3.50M – $4.28M

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$768/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$499 – $1,004
Qualifying comparables16

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?
C1-9
This district is designed to provide for local shopping and include a wide range of retail stores and personal service establishments whi...
General categoryCOMMERCIAL
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat7.6
Pet Grooming Service4.3
Buffet4.1

Location

231-233 Lexington Ave New York, NY 10016
County assessor Recorded deeds · 5 transfers 16 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
457 Park S, New York, NY 10016 $14,825,624 Oct 2022 15,140 SF
111-113 38th, New York, NY 10016 $4,700,000 Oct 2022 15,035 SF
312 35th, New York, NY 10016-3772 $13,300,000 Jul 2022 19,025 SF
239-241 33rd, New York, NY 10016 $7,900,000 Mar 2022 9,999 SF
126 31st, New York, NY 10016-6900 $1,800,079 Dec 2021 12,266 SF
213-215 37th, New York, NY 10016 $24,800,000 Oct 2021 20,269 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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