Financial
Distress signals
Property profile

400 51st Stcomm New York, NY 10022

OFF-MARKET
Retail space
Property ID
US63-3660889
7,089 SF Built 2002
Last sale Jan 2024 · $2,882,225
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$224k
Tax billed · 2024
Assessed value$2.11M
Assessed land$286k
Assessed improvement$1.83M
Effective rate10.59%

Value estimate

· Sep 2026
$2.88M
$2.59M – $3.17M
AI approach$2.88M

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,315/SF
Submarket average, outlier-cleaned · 294 recorded sales of this use type
Observed band · Q1–Q3$531 – $2,800
Qualifying comparables14

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?
R10
In M1 Districts without a letter suffix paired with an R9 or R10 District, the sign regulations applicable to the Queens Plaza Subdistric...
General categoryRESIDENTIAL
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
Butcher9.8
Auto Parts Store9.5
Laundromat5.9

Location

400 51st Stcomm New York, NY 10022-8011
County assessor Recorded deeds · 10 transfers 14 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
12 52nd, New York, NY 10022-5312 $14,825,000 Apr 2025 20,210 SF
205 59th Stc, New York, NY 10022-1495 $11,700,000 Sep 2024 13,430 SF
140 56th, New York, NY 10022-3623 $5,950,000 Mar 2024 11,425 SF
152 55th, New York, NY 10022-4513 $17,500,000 Aug 2022 18,281 SF
866 3rd Ave, New York, NY 10022-6221 $93,375 May 2022 17,271 SF
2 55th Stretal, New York, NY 10022-3103 $189,089,002 May 2019 12,869 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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