Financial
Distress signals
Property profile

585 Albany Ave Brooklyn, NY 11203

OFF-MARKET
Retail residential properties
Property ID
US63-0868046
45,337 SF 0.23 ac lot Built 2022
Last sale Sep 2025 · $995,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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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?
$331k
Tax billed · 2024
Assessed value$2.69M
Assessed land$328k
Assessed improvement$2.36M
Effective rate12.31%

Value estimate

· Sep 2026
$120k
$108k – $132k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$294/SF
ZIP average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$202 – $399
Qualifying comparables5

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?
R6
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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm170.6
Realty agency140.8
Parking Facility55.3

Location

585 Albany Ave Brooklyn, NY 11203-1207
County assessor Recorded deeds · 7 transfers 5 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
842 Lefferts, Brooklyn, NY 11203-1301 $224,806 Jan 2024 24,631 SF
916 Brooklyn, Brooklyn, NY 11203-2850 $5,150,000 May 2023 39,000 SF
210 51st, Brooklyn, NY 11203-2307 $5,400,000 Mar 2022 31,812 SF
3715 Church, Brooklyn, NY 11203-2815 $4,725,000 Jul 2021 38,264 SF
906 New York, Brooklyn, NY 11203-1311 $1,900,000 Jun 2020 66,424 SF
3524 Church, Brooklyn, NY 11203-2804 $1,600,000 Apr 2020 5,500 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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