Financial
Distress signals
Property profile

407-409 39th St New York, NY 10018

OFF-MARKET
Retail residential properties
Property ID
US63-3090776
17,313 SF 0.11 ac lot Built 1900
Last sale Apr 2006
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$288k
Tax billed · 2024
Assessed value$2.30M
Assessed land$317k
Assessed improvement$1.99M
Effective rate12.50%

Value estimate

· Sep 2026
$5.61M
$5.04M – $6.17M

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$725/SF
Submarket average, outlier-cleaned · 1320 recorded sales of this use type
Observed band · Q1–Q3$337 – $1,205
Qualifying comparables13

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?
C17A
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 Service6.4
Laundromat4.8
Adult Day Care Center2.8

Location

407-409 39th St New York, NY 10018
County assessor Recorded deeds · 4 transfers 13 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
72 36th, New York, NY 10018-8002 $30,000,000 Nov 2024 16,000 SF
474 9th, New York, NY 10018-5608 $1,287,000 Nov 2022 10,743 SF
532 9th, New York, NY 10018-1305 $4,000,000 May 2021 9,575 SF
485 9th, New York, NY 10018 $25,000,000 Dec 2018 11,250 SF
541 9th, New York, NY 10018-1304 $3,987,331 Oct 2018 42,401 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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