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Financial
Distress signals
Property profile

234-240 45th St New York, NY 10036

OFF-MARKET
Theaters & concert halls
Property ID
US63-1313954
25,000 SF 0.22 ac lot Built 1917
Last sale Apr 2014
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$242k
Tax billed · 2024
Assessed value$2.29M
Assessed land$1.49M
Assessed improvement$802k
Effective rate10.59%

Value estimate

· Oct 2026
$410k
$369k – $451k
AI approach$490k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
C6-5
In C1, C5, C6-5 or C6-7 Districts Last Amended 2/24/2022 History Print Section Copy Link https://zr.planning.nyc.gov/article-iii/chapter-...
General categoryCOMMERCIAL
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Pet Grooming Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pet Grooming Service12.1
Assisted Living Facility3.8
Nursing Home3.2

Location

234-240 45th St New York, NY 10036
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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
240 44th, New York, NY 10036-3906 $105,171,185 Feb 2024 24,423 SF
219 48th, New York, NY 10036-1423 $308,400,000 Jul 2023 7,200 SF
302 45th, New York, NY 10036-3802 $308,400,000 Jul 2023 39,762 SF
214 43rd, New York, NY 10036-3912 $97,700,000 Jul 2023 85,092 SF
246 44th, New York, NY 10036-3910 $308,400,000 Jul 2023 31,244 SF
258 42nd, New York, NY 10036 $74,214,732 Jan 2019 170,744 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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