Financial
Distress signals
Property profile

560 Lexington Ave New York, NY 10022

FOR LEASE
Office buildings
Property ID
US63-1232305
345,743 SF 0.4 ac lot Built 1980
Last sale Oct 2023 · $25,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

560 Lexington Avenue is an office tower designed by The Eggers Group and opened in 1981. It has typical floor plates ranging from approximately 18,000 to 21,000 square feet. Skidmore, Owings & Merrill redesigned the building’s lobby, plaza, elevators, and subway entrance using materials including limestone, white granite, and stainless steel. The tower is located in the Plaza District of Manhattan and is positioned between two National Historic Landmarks: the General Electric Building and St.

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?
$5.17M
Tax billed · 2024
Assessed value$48.82M
Assessed land$8.82M
Assessed improvement$40.00M
Effective rate10.59%

Value estimate

· Sep 2026
$23.74M
$21.36M – $26.11M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$442/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$25 – $784
Qualifying comparables5

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: Auto Repair Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Repair Shop94.9
Auto Parts Store72.1
Pet Grooming Service22.7

Location

560 Lexington Ave New York, NY 10022
County assessor Recorded deeds · 3 transfers 5 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
460 Park, New York, NY 10022-1906 $11,153,700 Dec 2025 254,185 SF
477 Madison, New York, NY 10022-5802 $5,000,000 Dec 2024 262,287 SF
450 Park, New York, NY 10022-2605 $445,000,000 Jun 2022 296,915 SF
390 Park, New York, NY 10022-4608 $5,995,126 May 2020 262,945 SF
10 53rd, New York, NY 10022-5244 $550,847 Apr 2019 366,879 SF
600 Lexington, New York, NY 10022-6000 $847,066 Nov 2018 268,106 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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