Financial
Distress signals
Property profile

261 Bowery New York, NY 10002

OFF-MARKET
Retail residential properties
Property ID
US63-2814583
4,899 SF 0.06 ac lot Built 1910
Last sale Jun 2024 · $3,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail space comprising approximately 2,500 square feet. It is configured as a white-box interior at delivery, with provisions suited to a range of commercial retail uses. The building is set back from the street to facilitate venting. The space has natural gas service and is served by an electrical system rated at 400 amps.

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?
$47k
Tax billed · 2024
Assessed value$442k
Assessed land$180k
Assessed improvement$262k
Effective rate10.59%

Value estimate

· Sep 2026
$230k
$207k – $253k

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$602/SF
ZIP average, outlier-cleaned · 91 recorded sales of this use type
Observed band · Q1–Q3$330 – $900
Qualifying comparables13

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?
C6-1
This district is designed to provide for the wide range of retail, office, amusement and recreation, service, production and related uses...
General categoryCOMMERCIAL
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Assisted Living Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Assisted Living Facility20.2
Nursing Home18.5
Buffet5.7

Location

261 Bowery New York, NY 10002-1201
County assessor Recorded deeds · 2 transfers 13 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
176 Stanton, New York, NY 10002-1726 $4,500,000 Jan 2026 9,565 SF
13 Market, New York, NY 10002-6808 $2,100,000 Jul 2025 9,375 SF
164 Ludlow, New York, NY 10002-1535 $7,850,000 Oct 2024 9,735 SF
327 Broome, New York, NY 10002-2801 $4,500,000 Sep 2024 3,750 SF
221 Madison, New York, NY 10002-7559 $3,430,000 Aug 2024 11,430 SF
3 Essex, New York, NY 10002-4602 $5,325,000 Mar 2024 4,632 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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