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Property profile

928 2nd Ave New York, NY 10022

OFF-MARKET
Retail residential properties
Property ID
US63-1847617
10,375 SF 0.06 ac lot Built 1901
Last sale Jan 2025 · $8,176,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. 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

Located at 928 Second Avenue, this restaurant space is a ground-floor commercial unit with an approximately 2,000 SF dining/prep footprint and a full basement, with interior ceiling heights up to 12 feet. The space is delivered with a completed restaurant concept and includes full kitchen/preparation infrastructure suitable for restaurant operations, combining street-level dining area with additional basement capacity. The property is situated in Midtown East’s Turtle Bay corridor in a…

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?
$144k
Tax billed · 2024
Assessed value$1.20M
Assessed land$315k
Assessed improvement$886k
Effective rate11.96%

Value estimate

· Nov 2026
$5.48M
$4.93M – $6.02M

Realmo valuation models over county records and 25 qualifying comparable sales.

Recently sold

What actually traded nearby?
$774/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$552 – $1,315
Qualifying comparables25

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
Butcher10.9
Laundromat8.3
Auto Parts Store6.8

Location

928 2nd Ave New York, NY 10022-7860
County assessor Recorded deeds · 7 transfers 25 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
971-973 1st, New York, NY 10022 $7,325,000 Jan 2026 14,875 SF
924 3rd, New York, NY 10022-3606 $4,945,000 Jan 2026 8,325 SF
1061 2nd, New York, NY 10022-4004 $32,550,000 Dec 2025 10,000 SF
204-206 58th, New York, NY 10022 $5,000,000 Mar 2025 9,840 SF
246-248 53rd, New York, NY 10022 $7,700,000 Mar 2025 12,915 SF
936 1st, New York, NY 10022-6470 $12,294,135 Jun 2023 7,500 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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Includes: Price & PSF · Cap rate · Location · Zoning

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