Financial
Distress signals
Property profile

551 Albany Ave Brooklyn, NY 11203

OFF-MARKET
Apartment buildings
Property ID
US63-5983248
5,985 SF 0.05 ac lot Built 1899
Last sale Apr 2023 · $1,964,171
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years.
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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?
$6k
Tax billed · 2024
Assessed value$312k
Assessed land$77k
Assessed improvement$234k
Effective rate1.94%

Value estimate

· Sep 2026
$1.65M
$1.48M – $1.81M
AI approach$1.68M

Realmo valuation models over county records and 19 qualifying comparable sales.

Recently sold

What actually traded nearby?
$130/SF
ZIP average, outlier-cleaned · 42 recorded sales of this use type
Observed band · Q1–Q3$94 – $186
Qualifying comparables19

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 Firm172.0
Realty agency136.3
Parking Facility52.3

Location

551 Albany Ave Brooklyn, NY 11203-1205
County assessor Recorded deeds · 10 transfers 19 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
307 54th, Brooklyn, NY 11203-4612 $950,000 Dec 2025 5,832 SF
166-168 Ee 51st, Brooklyn, NY 11203 $950,000 May 2024 5,796 SF
315 54th, Brooklyn, NY 11203-4614 $825,000 Mar 2024 5,710 SF
834 Schenectady, Brooklyn, NY 11203-3249 $1,000,000 Jun 2023 5,796 SF
562 Maple, Brooklyn, NY 11203-1180 $1,100,000 May 2023 6,000 SF
604 Maple, Brooklyn, NY 11203-1194 $600,000 May 2023 6,000 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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