Financial
Distress signals
Property profile

399 Park Ave Frnt 2 New York, NY 10022

OFF-MARKET
Flex space
Property ID
US63-3890426
1,033,031 SF 1.87 ac lot Built 1969
Last sale Aug 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$25.19M
Tax billed · 2024
Assessed value$237.80M
Assessed land$49.50M
Assessed improvement$188.30M
Effective rate10.59%

Value estimate

· Sep 2026
$84.26M
$75.83M – $92.69M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$10,251/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$1,230 – $13,906

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?
C52.5
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Butcher
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Butcher10.6
Auto Parts Store6.1
Laundromat5.5

Location

399 Park Ave Frnt, Unit 2 New York, NY 10022-4693
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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
55 59th, New York, NY 10022-1112 $5,500,000 Feb 2026 2,658 SF
611 5th Aveb, New York, NY 10022-6813 $43,600,000 Jun 2025 377,775 SF
500 Park Avec1, New York, NY 10022-1606 $61,204,826 Oct 2024 68,974 SF
601 Lexington Ave, New York, NY 10022-4611 $15,475,897 Oct 2024 22,342 SF
885 3rd Avemsk6, New York, NY 10022-4834 $166,909,245 Dec 2022 18,147 SF
245 50th Stprof, New York, NY 10022-7752 $1,175,000 Aug 2022 2,500 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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