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Financial
Distress signals
Property profile

201 46Th St Brooklyn, NY 11220

FOR LEASE
Other warehouses
Property ID
US63-2706478
52,000 SF 0.6 ac lot Built 1900
Last sale Nov 2021 · $23,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This multi-story industrial warehouse is configured with a combined warehouse, office, and commercial layout intended for uses such as manufacturing, distribution, showroom, logistics, storage, and related commercial operations. The building features 3 dock-high loading docks, 5 drive-in doors, and a freight elevator, with approximately 12-foot clear ceiling heights and on-site parking. The site has dual street frontage on 45th Street and 46th Street, providing access for deliveries and daily…

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?
$282k
Tax billed · 2024
Assessed value$3.14M
Assessed land$234k
Assessed improvement$2.90M
Effective rate8.99%

Value estimate

· Oct 2026
$23.02M
$20.71M – $25.32M
CAP approach$20.20M
Submarket $/SF estimate$29.41M
NOI build-up
Gross scheduled income$403k
Vacancy & credit loss−$85k
Operating expenses−$80k
NOI · 1,085,890.91% cap applied$239k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$501/SF
Submarket average, outlier-cleaned · 276 recorded sales of this use type
Observed band · Q1–Q3$306 – $773
Qualifying comparables10

Cap rate analysis

How does the asset earn?
1,085,890.91%
$239k 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?
M12D
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 Firm85.5
Realty agency78.8
Parking Facility24.5

Location

201 46Th St Brooklyn, NY 11220
County assessor Recorded deeds · 7 transfers 10 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
139 58th, Brooklyn, NY 11220-2515 $5,800,000 Jun 2024 14,698 SF
6201 6th, Brooklyn, NY 11220 $21,400,000 May 2024 73,950 SF
5714 1st, Brooklyn, NY 11220 $19,900,000 Jun 2022 90,080 SF
241 48th, Brooklyn, NY 11220-1011 $4,100,000 Dec 2021 7,712 SF
132 54th, Brooklyn, NY 11220-2506 $15,250,000 Jan 2020 35,500 SF
246 52nd, Brooklyn, NY 11220-1715 $3,950,000 Jan 2020 8,500 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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