Realmo Analytics

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Financial
Distress signals
Property profile

900 3Rd Ave New York, NY 10022

FOR LEASE
Office buildings
Property ID
US63-3596226
516,710 SF 0.39 ac lot Built 1983
Last sale Aug 2026
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is configured as a multi-unit retail building designed for leasing, offering 8 individual retail spaces with area sizes ranging from approximately 300 to 4,800 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. 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?
$7.09M
Tax billed · 2024
Assessed value$66.98M
Assessed land$25.92M
Assessed improvement$41.06M
Effective rate10.59%

Value estimate

· Oct 2026
$2.75M
$2.48M – $3.03M

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: Butcher
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Butcher11.5
Auto Parts Store8.8
Laundromat8.1

Location

900 3Rd Ave New York, NY 10022
County assessor Recorded deeds · 4 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
560 Lexington, New York, NY 10022-6828 $25,000,000 Oct 2023 345,743 SF
425 Park, New York, NY 10022-3506 $27,948,000 Apr 2023 666,996 SF
850 3rd, New York, NY 10022-6222 $265,934,183 Mar 2023 574,675 SF
885 3rd, New York, NY 10022-4834 $106,130,579 Dec 2022 554,180 SF
450 Park, New York, NY 10022-2605 $445,000,000 Jun 2022 296,915 SF
10 53rd, New York, NY 10022-5244 $550,847 Apr 2019 366,879 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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