Realmo Analytics

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Financial
Distress signals
Property profile

631 51st St 637 New York, NY 10019

OFF-MARKET
Warehouses
Property ID
US63-1495143
36,184 SF 0.21 ac lot Built 1946
Last sale Apr 2025 · $44,562,109
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$467k
Tax billed · 2024
Assessed value$4.41M
Assessed land$794k
Assessed improvement$3.62M
Effective rate10.59%

Value estimate

· Oct 2026
$217.55M
$195.79M – $239.30M
AI approach$217.55M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$817/SF
Submarket average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$461 – $1,604
Qualifying comparables8

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?
M2-4
This district is designed for manufacturing and related activities which can meet a medium level of performance standards with no new res...
General categoryINDUSTRIAL
JurisdictionNEW YORK(MANHATTAN)

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply135.5
Auto Repair Shop110.8
Auto Parts Store99.9

Location

631 51st St, Unit 637 New York, NY 10019-5008
County assessor Recorded deeds · 9 transfers 8 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
146 57th Stcom, New York, NY 10019-3301 $82,620,000 Mar 2024 237,695 SF
724 5th Aveb, New York, NY 10019-4106 $425,000,000 Jan 2024 36,692 SF
353 57th, New York, NY 10019-3100 $1,029,999 Nov 2023 3,821 SF
159 53rd Stu1, New York, NY 10019-6005 $639,000 Jul 2023 4,251 SF
428 54th, New York, NY 10019-4406 $4,200,000 Dec 2022 4,559 SF
241 57th Styr, New York, NY 10019-2121 $215,600,000 Mar 2019 148,406 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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