Financial
Distress signals
Property profile

1402 Coney Is Ave Brooklyn, NY 11230

OFF-MARKET
Retail residential properties
Property ID
US63-2211842
10,800 SF 0.14 ac lot Built 1930
Last sale Dec 2021 · $3,550,000
Individually Owned Owner of record is an individual. 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

The property is a two-story mixed-use building totaling 10,800 square feet on a 6,000-square-foot lot, located on Coney Island Avenue between Avenue J and Avenue K in Brooklyn’s Midwood section. The ground-floor retail level is renovated and includes 5,100 square feet with 15-foot ceilings, a 1,000-square-foot mezzanine, and three offices positioned above the sales floor; the storefront has approximately 60 feet of frontage. Below grade, the building includes a lower-level space with 10-foot

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

What does the county charge?
Assessed value · 2024$762k
Assessed land$138k
Assessed improvement$624k

Value estimate

· Sep 2026
$3.93M
$3.54M – $4.32M
AI approach$3.95M

Realmo valuation models over county records and 26 qualifying comparable sales.

Recently sold

What actually traded nearby?
$434/SF
ZIP average, outlier-cleaned · 74 recorded sales of this use type
Observed band · Q1–Q3$334 – $614
Qualifying comparables26

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency77.1
Law Firm51.6
Parking Facility47.0

Location

1402 Coney Is Ave Brooklyn, NY 11230-4120
County assessor Recorded deeds · 6 transfers 26 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
1151 Mcdonald, Brooklyn, NY 11230-3320 $2,500,000 Apr 2024 6,600 SF
1781 Ocean, Brooklyn, NY 11230-6204 $3,450,000 Feb 2023 6,720 SF
615 Ave L, Brooklyn, NY 11230-5121 $1,980,000 May 2022 6,426 SF
649 Argyle, Brooklyn, NY 11230-1657 $4,750,000 May 2022 18,150 SF
1502 14th, Brooklyn, NY 11230-7283 $2,950,000 Apr 2022 10,612 SF
1258 Mcdonald, Brooklyn, NY 11230-3323 $7,000,000 May 2020 4,800 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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