Financial
Distress signals
Property profile

420 Kent Ave Brooklyn, NY 11249

FOR LEASE
Retail residential properties
Property ID
US63-2587579
543,250 SF 1.84 ac lot Built 2016
Last sale Dec 2025 · $556,167,832
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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Property summary

AI-generated overview

The property is a 3,500-square-foot retail space featuring wraparound frontage and an open interior layout. It is situated in Williamsburg’s waterfront area, near Domino Park and the New Domino Development, with frontage on Kent Avenue, a heavily trafficked corridor for vehicles and pedestrians. The retail space is located within an ODA-designed luxury residential building that contains 857 units.

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?
$277k
Tax billed · 2024
Assessed value$58.41M
Assessed land$3.60M
Assessed improvement$54.81M
Effective rate0.47%

Value estimate

· Sep 2026
$624.96M
$562.46M – $687.46M
Sales comparison$762.54M
NOI build-up
Gross scheduled income$84k
Vacancy & credit loss−$7k
Operating expenses−$31k
NOI · 471.55% cap applied$46k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$1,471/SF
ZIP average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$589 – $2,586

Cap rate analysis

How does the asset earn?
471.55%
$46k 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?
R7-3
M1-5/R7-3 Map 2 (Ground Floor Use and Frontage) of the Queens Plaza Subdistrict Plan specifies locations where the special ground floor u...
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 Firm69.6
Nursing Home16.5
Pet Grooming Service10.0

Location

420 Kent Ave Brooklyn, NY 11249
County assessor Recorded deeds · 14 transfers Qualifying comp sales · not on file 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
458 Bedford, Brooklyn, NY 11249 $5,500,000 Dec 2025 30,290 SF
92-94 6th, Brooklyn, NY 11249 $17,000,000 Nov 2024 32,669 SF
141 Berry, Brooklyn, NY 11249-3018 $35,000,000 Oct 2024 11,250 SF
102 6th, Brooklyn, NY 11249-3002 $28,627,561 Oct 2024 16,924 SF
101 6th, Brooklyn, NY 11249 $10,000,000 Feb 2024 20,150 SF
303 Wythe, Brooklyn, NY 11249-4125 $9,000,000 Jun 2022 26,987 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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