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Financial
Distress signals
Property profile

400 59th St 428 New York, NY 10019

OFF-MARKET
Retail residential properties
Property ID
US63-3790869
919,877 SF 1.15 ac lot Built 1997
Last sale Mar 2026
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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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.

Debts

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?
$5.98M
Tax billed · 2024
Assessed value$92.87M
Assessed land$9.68M
Assessed improvement$83.20M
Effective rate6.44%

Value estimate

· Oct 2026
$10.22M
$9.20M – $11.24M

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

Recently sold

What actually traded nearby?
$687/SF
ZIP average, outlier-cleaned · 39 recorded sales of this use type
Observed band · Q1–Q3$501 – $1,014
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?
C4-7
This district comprise the City major and secondary shopping and business centers, which provide for shopping needs and services over a w...
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 Facility11.6
Nursing Home11.3
Laundromat10.6

Location

400 59th St, Unit 428 New York, NY 10019-8023
County assessor Recorded deeds · 5 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1752 Broadway, New York, NY 10019-3207 $2,481,446 Dec 2025 311,689 SF
841 7th, New York, NY 10019-5229 $2,501,584 Sep 2024 85,309 SF
240 54th, New York, NY 10019-5502 $21,000,000 May 2024 28,325 SF
57-67 55th, New York, NY 10019 $36,000,000 Mar 2024 112,000 SF
51-55 55th, New York, NY 10019 $64,950,000 Jan 2024 38,704 SF
105 55th, New York, NY 10019-5303 $32,000,000 Mar 2022 54,838 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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