Financial
Distress signals
Property profile

117 2nd St Brooklyn, NY 11231

OFF-MARKET
Investment properties
Property ID
US63-2757158
2,025 SF 0.03 ac lot Built 1901
Last sale Mar 2024 · $3,500,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$5k
Tax billed · 2024
Assessed value$120k
Assessed land$15k
Assessed improvement$105k
Effective rate3.83%

Value estimate

· Sep 2026
$3.50M
$3.15M – $3.85M
AI approach$3.50M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$798/SF
ZIP average, outlier-cleaned · 76 recorded sales of this use type
Observed band · Q1–Q3$455 – $1,185
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?
R6B
This district focuses on medium density housing in areas with higher accessibility to transportation and community services, allowing for...
General categoryRESIDENTIAL
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Accounting Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Accounting Firm17.7
Nursing Home17.1
Assisted Living Facility16.2

Location

117 2nd St Brooklyn, NY 11231-4803
County assessor Recorded deeds · 3 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
429 Columbia, Brooklyn, NY 11231-2201 $900,000 Mar 2025 2,045 SF
431 Columbia, Brooklyn, NY 11231-2201 $900,000 Mar 2025 2,400 SF
189 Columbia, Brooklyn, NY 11231-0975 $3,350,000 Dec 2024 2,520 SF
280 Smith, Brooklyn, NY 11231-4741 $630,000 Mar 2024 1,800 SF
259 Smith, Brooklyn, NY 11231-4740 $1,500,000 Aug 2023 2,340 SF
261 Smith, Brooklyn, NY 11231-4740 $1,500,000 Aug 2023 2,301 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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