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Financial
Distress signals
Property profile

249 49th St New York, NY 10019

OFF-MARKET
Drive through restaurants
Property ID
US63-0776801
4,515 SF 0.06 ac lot Built 1910
Last sale Apr 2023 · $5,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

In New York’s Turtle Bay neighborhood, this historic four-story mixed-use commercial building contains approximately 4,344 square feet of gross leasable area. Built in 1900, it has approximately 21 feet of frontage on an approximately 1,808-square-foot (0.04-acre) lot and is situated on East 49th Street between Second Avenue and Third Avenue, in an area characterized by surrounding residential townhouses and near Grand Central Station. The building includes a renovated ground floor and…

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?
$159k
Tax billed · 2024
Assessed value$1.50M
Assessed land$339k
Assessed improvement$1.16M
Effective rate10.59%

Value estimate

· Oct 2026
$5.51M
$4.95M – $6.06M
AI approach$5.65M

Realmo valuation models over county records and 6 qualifying comparable sales.

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: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat13.1
Pet Grooming Service9.2
Butcher2.7

Location

249 49th St New York, NY 10019-7404
County assessor Recorded deeds · 9 transfers 6 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
171 57th St Ph 1a, New York, NY 10019-2222 $25,000,000 Feb 2025 9,975 SF
525 52nd Stretlu, New York, NY 10019-5074 $202,199,100 Feb 2025 1,678 SF
730 5th Aveannex, New York, NY 10019-4105 $12,605,000 Apr 2024 4,406 SF
1600 Broadwayretl3, New York, NY 10019-7413 $13,000,000 Oct 2023 3,433 SF
421 54th Stc2, New York, NY 10019-4412 $4,500,000 Oct 2023 12,380 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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