Financial
Distress signals
Property profile

505-507 23rd St New York, NY 10011

OFF-MARKET
Investment properties
Property ID
US63-4317709
9,600 SF 0.07 ac lot Built 1946
Last sale Dec 1995 · $720,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 28-yr Hold Held for 28 years. 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.

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?
$173k
Tax billed · 2024
Assessed value$1.39M
Assessed land$509k
Assessed improvement$877k
Effective rate12.50%

Value estimate

· Sep 2026
$4.56M
$4.10M – $5.01M
CAP approach$4.71M

Realmo valuation models over county records and 24 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,167/SF
ZIP average, outlier-cleaned · 74 recorded sales of this use type
Observed band · Q1–Q3$603 – $2,116
Qualifying comparables24

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?
C63A
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 Service8.5
Nursing Home6.4
Buffet5.5

Location

505-507 23rd St New York, NY 10011
County assessor Recorded deeds · not on file 24 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
158 13th, New York, NY 10011-7816 $900,000 Apr 2024 6,172 SF
43 8th, New York, NY 10011-9028 $4,125,000 Mar 2024 6,729 SF
527-533 19th, New York, NY 10011 $11,747,531 Feb 2023 13,800 SF
28 12th, New York, NY 10011-8645 $7,200,000 Nov 2022 6,000 SF
17 9th, New York, NY 10011-8936 $11,500,000 Oct 2022 8,646 SF
130-132 18th, New York, NY 10011 $9,400,000 Apr 2022 7,912 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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