Financial
Distress signals
Property profile

280 Houston St New York, NY 10002

OFF-MARKET
Retail residential properties
Property ID
US63-0811622
112,889 SF 0.36 ac lot Built 2023
Last sale Oct 2022 · $36,800,000
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

This exceptional retail property at 280 East Houston Street in New York City offers a rare opportunity for businesses seeking prime Manhattan location. The building encompasses a total of 6,283 square feet, currently entirely vacant and available for lease. The space is divisible, with a minimum leasable area of 590 square feet and a maximum contiguous space of 5,693 square feet. This flexibility allows for a variety of uses, accommodating both smaller businesses and larger retail

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?
$349k
Tax billed · 2024
Assessed value$2.79M
Assessed land$1.71M
Assessed improvement$1.09M
Effective rate12.50%

Value estimate

· Sep 2026
$36.80M
$33.12M – $40.48M
AI approach$36.80M
Sales comparison$37.26M

Realmo valuation models over county records and 5 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 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?
R8A
This district is designed to provides for high density housing, typically for urban neighborhoods with significant access to transportati...
General categoryRESIDENTIAL
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 Facility21.0
Nursing Home19.8
Auto Parts Store14.0

Location

280 Houston St New York, NY 10002-1101
County assessor Recorded deeds · 5 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
10 Rutgers, New York, NY 10002-7165 $56,250,000 Jul 2025 74,453 SF
135-137 Eldridge, New York, NY 10002 $13,500,000 Jun 2025 21,648 SF
55-59 Delancey, New York, NY 10002 $49,725,000 Mar 2025 21,865 SF
305 Broome, New York, NY 10002-3762 $11,826,000 Sep 2024 18,055 SF
119 Hester, New York, NY 10002-5289 $2,501,584 Sep 2024 17,025 SF
188 Forsyth, New York, NY 10002 $315,000 Jul 2024 69,800 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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