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Financial
Distress signals
Property profile

509 Lexington Ave 515 New York, NY 10017

OFF-MARKET
Hotels
Property ID
US63-3306197
314,568 SF 0.4 ac lot Built 1929
Last sale Feb 2026 · $29,348,470
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$5.76M
Tax billed · 2024
Assessed value$54.40M
Assessed land$15.80M
Assessed improvement$38.60M
Effective rate10.59%

Value estimate

· Oct 2026
$165.05M
$148.55M – $181.56M
Submarket $/SF estimate$138.92M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$1,469/SF
Submarket average, outlier-cleaned · 239 recorded sales of this use type
Observed band · Q1–Q3$374 – $3,864

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?
C6-6
This district is designed to provide for the wide range of retail, office, amusement and recreation, service, production and related uses...
General categoryCOMMERCIAL
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
Butcher9.7
Laundromat8.9
Pet Grooming Service6.4

Location

509 Lexington Ave, Unit 515 New York, NY 10017-2008
County assessor Recorded deeds · 12 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

3 recorded sales · 11 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
234 46th, New York, NY 10017-2932 $13,150,573 Apr 2023 82,829 SF
12 48th Sttimeb, New York, NY 10017-1008 $135,635,000 Feb 2023 47,642 SF
145-149 49th, New York, NY 10017 $23,500,000 Sep 2020 37,371 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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