Financial
Distress signals
Property profile

1659-1661 55th St Brooklyn, NY 11204

OFF-MARKET
Investment properties
Property ID
US63-0848199
4,467 SF 0.07 ac lot Built 1930
Last sale Jul 2024 · $2,100,000
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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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?
$13k
Tax billed · 2024
Assessed value$135k
Assessed land$30k
Assessed improvement$105k
Effective rate9.45%

Value estimate

· Sep 2026
$2.10M
$1.89M – $2.31M
AI approach$2.10M
CAP approach$2.50M
Sales comparison$1.79M

Realmo valuation models over county records and 24 qualifying comparable sales.

Recently sold

What actually traded nearby?
$501/SF
ZIP average, outlier-cleaned · 98 recorded sales of this use type
Observed band · Q1–Q3$400 – $633
Qualifying comparables24

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?
R5
This district is designed to permits moderate density residential neighborhoods with a mix of housing types except zero lot line buildings
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 Firm84.1
Realty agency47.2
Parking Facility46.9

Location

1659-1661 55th St Brooklyn, NY 11204
County assessor Recorded deeds · 1 transfer 24 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
6602 17th, Brooklyn, NY 11204-4303 $1,450,000 Feb 2026 4,480 SF
154 Ave O, Brooklyn, NY 11204-4965 $1,750,000 Apr 2025 4,000 SF
176 Ave O, Brooklyn, NY 11204-4922 $1,700,000 Mar 2024 5,200 SF
6203 20th, Brooklyn, NY 11204-3024 $1,647,000 Mar 2024 4,000 SF
5516 16th, Brooklyn, NY 11204-1855 $2,000,000 Jan 2024 3,960 SF
6024 20th, Brooklyn, NY 11204-2450 $2,420,000 Jan 2024 4,920 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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