Financial
Distress signals
Property profile

656-662 1st Ave New York, NY 10016

OFF-MARKET
Office buildings
Property ID
US63-3428111
98,940 SF 0.3 ac lot Built 1948
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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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

What does the county charge?
Assessed value · 2024$12.13M
Assessed land$5.40M
Assessed improvement$6.73M

Value estimate

· Sep 2026
$1.39M
$1.25M – $1.53M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$639/SF
Submarket average, outlier-cleaned · 224 recorded sales of this use type
Observed band · Q1–Q3$152 – $1,228

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?
C1-9
This district is designed to provide for local shopping and include a wide range of retail stores and personal service establishments whi...
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
Butcher8.2
Laundromat5.6
Buffet5.5

Location

656-662 1st Ave New York, NY 10016
County assessor Recorded deeds · not on file 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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
99 Park, New York, NY 10016-1601 $2,481,446 Dec 2025 654,168 SF
218 Madison, New York, NY 10016-3466 $12,000,000 Dec 2023 11,362 SF
8 36th, New York, NY 10016-3329 $10,000,000 Jun 2022 11,000 SF
44 30th, New York, NY 10016-7604 $48,800,000 Aug 2021 75,655 SF
265 Madison, New York, NY 10016-0971 $516,367 Feb 2020 15,746 SF
109 31st, New York, NY 10016-6803 $10,750,000 Sep 2019 14,053 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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