Financial
Distress signals
Property profile

224 Brighton Bch Ave Brooklyn, NY 11235

OFF-MARKET
Retail space
Property ID
US63-3443154
12,713 SF 0.29 ac lot Built 1927
Last sale Jan 2021 · $8,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail space located on Brighton Beach Avenue. It has frontage on Brighton Beach Avenue and is positioned in an area with substantial street-level activity, with reported vehicle traffic of over 14,000 vehicles passing daily. The site is within walking distance of Brighton Beach and Coney Island and is surrounded by retail and dining uses, including Dunkin', Chase Bank, Ocean View Cafe, Tatiana, German Doner Kebab, Carvel, and Starbucks. The space was renovated, reflecting retail-ready improvements intended for contemporary occupancy.

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?
$155k
Tax billed · 2024
Assessed value$1.53M
Assessed land$211k
Assessed improvement$1.32M
Effective rate10.08%

Value estimate

· Sep 2026
$9.66M
$8.69M – $10.63M
AI approach$9.12M
CAP approach$9.38M
Sales comparison$10.90M

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$755/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$418 – $895
Qualifying comparables11

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency60.8
Furniture Store13.6
Electrical Service13.6

Location

224 Brighton Bch Ave Brooklyn, NY 11235-7426
County assessor Recorded deeds · 2 transfers 11 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
2837 Coney Is, Brooklyn, NY 11235-5109 $16,000,000 Jun 2024 10,000 SF
231 Neptune, Brooklyn, NY 11235-5983 $4,000,000 Dec 2022 7,096 SF
3202 Emmons, Brooklyn, NY 11235-1106 $3,700,000 Jan 2022 6,900 SF
50 Oceana Dr Wret, Brooklyn, NY 11235-7058 $5,133,000 Jan 2022 8,297 SF
2818 Coney Is, Brooklyn, NY 11235-5045 $22,000,000 Mar 2021 14,604 SF
2870 Ocean, Brooklyn, NY 11235-3106 $15,500,000 Sep 2020 22,714 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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