Financial
Distress signals
Property profile

631 Franklin Ave Brooklyn, NY 11238

OFF-MARKET
Other investment properties
Property ID
US63-3059012
3,400 SF 0.04 ac lot Built 1905
Individually Owned Owner of record is an individual. 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

In Brooklyn’s Crown Heights neighborhood at the intersection of Crown Heights and Prospect Heights, this three-story mixed-use building includes a full basement, a ground-level commercial space, two upper rental apartments, and three garages. It is situated on a 20' x 80' lot and is zoned R7A; the property also includes approximately 3,000 square feet of buildable air rights, subject to confirmation. The basement has high ceilings and can serve as storage or workshop space. The ground floor is

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?
$13k
Tax billed · 2024
Assessed value$422k
Assessed land$118k
Assessed improvement$304k
Effective rate3.04%

Value estimate

· Sep 2026
$385k
$347k – $424k
CAP approach$1.90M

Realmo valuation models over county records and 39 qualifying comparable sales.

Recently sold

What actually traded nearby?
$638/SF
ZIP average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$500 – $1,006
Qualifying comparables39

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?
R7A
This district is designed to supports medium to high density housing, particularly in areas well served by public transportation and comm...
General categoryRESIDENTIAL
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm155.6
Realty agency30.5
Dental Office21.6

Location

631 Franklin Ave Brooklyn, NY 11238-3306
County assessor Recorded deeds · not on file 39 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
942 Atlantic, Brooklyn, NY 11238-3101 $3,700,000 Feb 2026 3,150 SF
981 Fulton, Brooklyn, NY 11238-2346 $830,000 Jan 2026 3,000 SF
955 Pacific, Brooklyn, NY 11238-3110 $2,983,500 Feb 2025 3,420 SF
451 Classon, Brooklyn, NY 11238-1910 $14,212,447 Jan 2025 2,946 SF
556 Vanderbilt, Brooklyn, NY 11238-6661 $2,520,000 May 2024 3,000 SF
747 Franklin, Brooklyn, NY 11238-4868 $1,476,014 Oct 2023 3,150 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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