Financial
Distress signals
Property profile

401 Park S Ave New York, NY 10016

OFF-MARKET
Banks
Property ID
US63-0917184
248,566 SF 0.42 ac lot Built 1910
Last sale Apr 2024 · $3,098,250
Trust Owned Owner of record is a trust. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This prestigious Class A office building in New York County offers 10,435 square feet of versatile workspace. The property features a multitude of options, including traditional office suites, executive office suites, and coworking spaces, catering to diverse business needs. Units range from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet, with a total of 350 suites. Currently, 5,970 square feet are available. The building provides fully furnished and equipped…

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?
$3.18M
Tax billed · 2024
Assessed value$29.98M
Assessed land$8.22M
Assessed improvement$21.76M
Effective rate10.59%

Value estimate

· Sep 2026
$3.10M
$2.79M – $3.41M
AI approach$3.10M
Submarket $/SF estimate$1.77M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$446/SF
Submarket average, outlier-cleaned · 124 recorded sales of this use type
Observed band · Q1–Q3$90 – $783

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?
C64A
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Pet Grooming Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pet Grooming Service5.9
Buffet4.9
Laundromat3.2

Location

401 Park S Ave New York, NY 10016-8808
County assessor Recorded deeds · 24 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
389 5th, New York, NY 10016-3320 $2,481,446 Dec 2025 122,686 SF
89 Madison, New York, NY 10016-7803 $65,000,000 Jun 2024 146,161 SF
415 5th, New York, NY 10016-2200 $490,000,000 Nov 2023 309,346 SF
147-149 Madison, New York, NY 10016 $77,000,000 Feb 2023 119,006 SF
33 33rd, New York, NY 10016-5335 $80,000,000 Sep 2022 126,383 SF
303 Lexington, New York, NY 10016-3165 $89,792,308 May 2022 179,142 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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