Financial
Distress signals
Property profile

229 Cook St Brooklyn, NY 11206

OFF-MARKET
Manufacturing properties
Property ID
US63-3091747
2,475 SF 0.06 ac lot Built 1931
Last sale Dec 2022 · $7,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This bright, open-plan studio retail space is located in the Bushwick neighborhood of Brooklyn. The interior is configured for a straightforward studio-style layout with an open, flexible floor plan. The property is situated near the Morgan Ave subway station, with the L train and nearby B57 and B60 bus lines providing public transit access, and it lies within a dense retail and services corridor supported by surrounding neighborhood businesses such as fitness, dining, and other local retail.

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?
$17k
Tax billed · 2024
Assessed value$177k
Assessed land$42k
Assessed improvement$135k
Effective rate9.37%

Value estimate

· Sep 2026
$6.93M
$6.23M – $7.62M
AI approach$7.08M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$568/SF
Submarket average, outlier-cleaned · 170 recorded sales of this use type
Observed band · Q1–Q3$327 – $821
Qualifying comparables9

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?
M1-2
Where the designated district is an M1-2/R5B District, the provisions of paragraph (c) of Section 25-631 (Location and width of curb cuts...
General categoryINDUSTRIAL
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 Firm75.2
Realty agency33.5
Assisted Living Facility13.6

Location

229 Cook St Brooklyn, NY 11206-3825
County assessor Recorded deeds · 3 transfers 9 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
310 Johnson, Brooklyn, NY 11206-2801 $3,400,000 Dec 2025 8,225 SF
377 Johnson, Brooklyn, NY 11206-2805 $3,571,555 Apr 2024 7,700 SF
291 Wallabout, Brooklyn, NY 11206-4325 $6,700,000 Mar 2024 5,000 SF
48 Bogart, Brooklyn, NY 11206-3818 $600,000 Sep 2023 1,375 SF
31 Belvidere, Brooklyn, NY 11206-4501 $3,500,000 Apr 2021 3,550 SF
126 Throop, Brooklyn, NY 11206-4414 $1,537,500 Mar 2019 2,200 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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