Financial
Distress signals
Property profile

977 2nd Ave New York, NY 10022

OFF-MARKET
Investment properties
Property ID
US63-3177863
4,460 SF 0.03 ac lot Built 1900
Last sale Oct 2024 · $4,800,000
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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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 · 2024

What does the county charge?
$153k
Tax billed · 2024
Assessed value$1.22M
Assessed land$490k
Assessed improvement$734k
Effective rate12.50%

Value estimate

· Sep 2026
$4.80M
$4.32M – $5.28M
AI approach$4.80M
Sales comparison$5.53M

Realmo valuation models over county records and 6 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 comparables6

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
Butcher11.2
Auto Parts Store7.4
Laundromat5.3

Location

977 2nd Ave New York, NY 10022-6303
County assessor Recorded deeds · 2 transfers 6 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
211 59th, New York, NY 10022-1403 $3,150,000 Aug 2025 4,509 SF
243 60th, New York, NY 10022-1450 $3,000,000 May 2023 4,732 SF
954 2nd, New York, NY 10022-7833 $3,200,000 Sep 2022 4,030 SF
407 Park, New York, NY 10022-4404 $1,540,000 Sep 2022 4,300 SF
218 52nd, New York, NY 10022-6201 $2,600,000 Mar 2021 4,185 SF
1024 2nd, New York, NY 10022-4006 $7,100,000 Apr 2020 4,900 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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