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Financial
Distress signals
Property profile

1380 Coney Island Ave Brooklyn, NY 11230

FOR SALE
Retail space
Property ID
US63-0933137
6,000 SF 0.14 ac lot Built 1930
Last sale Jul 2022 · $3,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 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

1380 Coney Island Avenue is a mixed office-and-retail building constructed in 1930. It contains an existing build-out featuring cashier stations and display windows, along with office cubicles and workstation areas for day-to-day use, plus storage racks for additional capacity. The space is served by split-unit HVAC systems. The property is located at 1380 Coney Island Ave in Brooklyn, NY 11230, in the Midwood neighborhood along a commercial corridor. Its interior configuration supports…

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.

Debts

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?
$40k
Tax billed · 2024
Assessed value$376k
Assessed land$136k
Assessed improvement$240k
Effective rate10.59%

Value estimate

· Oct 2026
$3.35M
$3.02M – $3.69M
AI approach$3.46M
CAP approach$4.43M
Submarket $/SF estimate$3.13M
NOI build-up
Gross scheduled income$467k
Vacancy & credit loss−$56k
Operating expenses−$123k
NOI · 6.00% cap applied$288k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$770/SF
Submarket average, outlier-cleaned · 291 recorded sales of this use type
Observed band · Q1–Q3$457 – $1,224
Qualifying comparables6

Cap rate analysis

How does the asset earn?
6.00%
$288k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 agency76.3
Law Firm54.4
Parking Facility47.0

Location

1380 Coney Island Ave Brooklyn, NY 11230
County assessor Recorded deeds · 2 transfers 6 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

3 recorded sales · 18 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1520-1522 Ave J, Brooklyn, NY 11230 $4,100,000 Apr 2024 4,540 SF
1814 Coney Is, Brooklyn, NY 11230-6502 $2,600,000 Jul 2022 4,000 SF
1140 Mcdonald, Brooklyn, NY 11230-3321 $3,800,000 Dec 2021 5,114 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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