Financial
Distress signals
Property profile

251 East 33Rd St New York, NY 10016

FOR LEASE
Office buildings
Property ID
US63-2608924
14,700 SF 0.06 ac lot Built 1920
Last sale May 2017 · $8,250,000
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional retail property at 251 East 33rd Street in New York, NY 10016 offers three available commercial spaces totaling 8,638 square feet. Located in New York County, this multi-tenant building presents a unique opportunity for businesses seeking high-visibility locations in a vibrant urban setting. Each suite offers a minimum of 2,720 square feet, with the largest contiguous space measuring 2,959 square feet. The entire building is currently vacant, providing a blank canvas for a

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?
$183k
Tax billed · 2024
Assessed value$1.73M
Assessed land$450k
Assessed improvement$1.28M
Effective rate10.59%

Value estimate

· Sep 2026
$4.18M
$3.76M – $4.59M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$639/SF
Submarket average, outlier-cleaned · 224 recorded sales of this use type
Observed band · Q1–Q3$152 – $1,228
Qualifying comparables5

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?
C18A
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
Laundromat11.5
Butcher6.8
Buffet6.3

Location

251 East 33Rd St New York, NY 10016
County assessor Recorded deeds · 2 transfers 5 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
218 Madison, New York, NY 10016-3466 $12,000,000 Dec 2023 11,362 SF
739 2nd, New York, NY 10016-2113 $11,400,000 Jul 2022 7,781 SF
8 36th, New York, NY 10016-3329 $10,000,000 Jun 2022 11,000 SF
567 3rd, New York, NY 10016-3169 $6,800,000 Apr 2022 9,300 SF
265 Madison, New York, NY 10016-0971 $516,367 Feb 2020 15,746 SF
109 31st, New York, NY 10016-6803 $10,750,000 Sep 2019 14,053 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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