Financial
Distress signals
Property profile

681 5Th Ave New York, NY 10022

FOR LEASE
Banks
Property ID
US63-6011390
58,824 SF 0.12 ac lot Built 1913
Last sale Jun 2026 · $1,910,753
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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Market Trends Soon
681 5Th Ave, New York, NY 10022 For Lease
$5,835/Mo 5,877 SF available
681 5Th Ave, New York, NY 10022
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Property summary

AI-generated overview

The property at 681 5th Ave, New York, NY, is configured as a retail space with approximately 42 feet of street frontage along a retail corridor. The interior area totals more than 20,000 square feet distributed across six levels. The listed property size is 4,311 square feet.

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?
$5.91M
Tax billed · 2024
Assessed value$55.78M
Assessed land$3.78M
Assessed improvement$52.00M
Effective rate10.59%

Value estimate

· Oct 2026
$23.52M
$21.16M – $25.87M
NOI build-up
Gross scheduled income$303k
Vacancy & credit loss−$57k
Operating expenses−$61k
NOI · 3,153.81% cap applied$184k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$446/SF
Submarket average, outlier-cleaned · 124 recorded sales of this use type
Observed band · Q1–Q3$90 – $783
Qualifying comparables4

Cap rate analysis

How does the asset earn?
3,153.81%
$184k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C5-3
This district is designed to provide for office buildings and the great variety of large retail stores and related activities in the cent...
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
Pet Grooming Service7.0
Laundromat6.6

Location

681 5Th Ave New York, NY 10022
County assessor Recorded deeds · 8 transfers 4 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
717 5th Averetl, New York, NY 10022-8101 $900,000,000 Dec 2025 80,834 SF
57 59th, New York, NY 10022 $26,682,500 Feb 2024 38,052 SF
401 60th Stretl1, New York, NY 10022-1555 $150,500,000 Jan 2024 93,139 SF
60 56th, New York, NY 10022-3204 $936,206 May 2022 57,312 SF
655-657 5th, New York, NY 10022 $7,496,775 May 2019 52,400 SF
689-691 5th, New York, NY 10022 $68,308,939 May 2019 91,210 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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