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Financial
Distress signals
Property profile

252 37th St 258 New York, NY 10018

OFF-MARKET
Banks
Property ID
US63-2153077
139,629 SF 0.21 ac lot Built 1924
Last sale Mar 2007 · $33,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A built-out office suite configured for workplace use and client meetings, featuring a 6-person conference room, four private windowed offices, 12 workstations, and two built-in phone booths. The suite includes a wet pantry/lounge and is designed to receive abundant natural light. Building access includes an attended lobby. The interior includes recently installed higher-end finishes and is maintained in a condition suitable for near-term occupancy.

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?
$1.45M
Tax billed · 2024
Assessed value$15.03M
Assessed land$1.08M
Assessed improvement$13.95M
Effective rate9.68%

Value estimate

· Oct 2026
$41.28M
$37.15M – $45.40M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$446/SF
Submarket average, outlier-cleaned · 124 recorded sales of this use type
Observed band · Q1–Q3$90 – $783
Qualifying comparables3

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?
M1-6
M1-6/R10 B M1-5/R9 C M1-5/R7-3 Map 2 (Ground Floor Use and Frontage) of the Queens Plaza Subdistrict Plan specifies locations where the s...
General categoryINDUSTRIAL
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 Service5.9
Laundromat4.1
Buffet2.6

Location

252 37th St, Unit 258 New York, NY 10018-6636
County assessor Recorded deeds · 4 transfers 3 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
333 39th, New York, NY 10018-1410 $3,979,631 May 2025 93,661 SF
132 36th, New York, NY 10018-6903 $194,749 Mar 2025 187,350 SF
209 38th, New York, NY 10018-4405 $150,000 May 2024 144,635 SF
263 38th, New York, NY 10018-4483 $2,572,131 Mar 2024 146,377 SF
246-250 38th, New York, NY 10018 $3,895,000 Apr 2023 96,275 SF
251-255 39th, New York, NY 10018 $29,844,876 Jan 2019 108,025 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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