Financial
Distress signals
Property profile

245 124th St New York, NY 10035

OFF-MARKET
Retail residential properties
Property ID
US63-3492216
208,526 SF 0.57 ac lot Built 2009
Last sale Nov 2022 · $29,920
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a retail space located in New York, NY, with an interior area of approximately 1,500 square feet. It is configured for retail use.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$58k
Tax billed · 2024
Assessed value$12.24M
Assessed land$1.59M
Assessed improvement$10.64M
Effective rate0.47%

Value estimate

· Sep 2026
$50.75M
$45.67M – $55.82M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$343/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$112 – $566

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?
C44D
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm102.5
Realty agency72.4
Acupuncture23.6

Location

245 124th St New York, NY 10035-2093
County assessor Recorded deeds · 6 transfers 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
2162 3rd, New York, NY 10035-4003 $15,000,000 Dec 2025 29,607 SF
156-158 117th, New York, NY 10035 $11,800,000 Jan 2025 29,975 SF
1911 Madison, New York, NY 10035-2711 $680,000 Dec 2024 194,030 SF
1844 Park, New York, NY 10035-1301 $36,182,921 Jan 2024 138,086 SF
1429 5th, New York, NY 10035-4546 $3,361,376 Nov 2023 53,681 SF
2096-2098 5th, New York, NY 10035 $3,182,595 Sep 2021 35,952 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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