Realmo Analytics

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Property profile

44 Decatur St Brooklyn, NY 11216

FOR LEASE
Other investment properties
Property ID
US63-2708028
5,589 SF 0.06 ac lot Built 1899
Last sale Oct 2024 · $2,377,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

44 Decatur Street is a Brooklyn brownstone townhome that has been renovated and contains two residential units. Both units are configured with a two-bedroom, one-bath layout and feature a consistent renovation standard. Unit 1 spans the main and lower levels and includes hardwood floors, tall ceilings, recessed lighting, and a living area that opens to a kitchen with stainless steel appliances, solid cabinetry, and a straightforward tile scheme; the bathroom has a soaking tub and a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$23k
Tax billed · 2024
Assessed value$496k
Assessed land$46k
Assessed improvement$450k
Effective rate4.66%

Value estimate

· Nov 2026
$2.38M
$2.14M – $2.61M
AI approach$2.38M
CAP approach$3.12M
NOI build-up
Gross scheduled income$44k
Vacancy & credit loss−$877
Operating expenses−$19k
NOI · 614.55% cap applied$24k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$444/SF
ZIP average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$355 – $604
Qualifying comparables7

Cap rate analysis

How does the asset earn?
614.55%
$24k 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?
R6A
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 Firm162.9
Dental Office67.2
Parking Facility44.1

Location

44 Decatur St Brooklyn, NY 11216
County assessor Recorded deeds · 5 transfers 7 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
756 Marcy, Brooklyn, NY 11216-1211 $2,300,000 Jun 2025 4,800 SF
175 Monroe, Brooklyn, NY 11216-6718 $1,775,000 May 2025 4,550 SF
1439-1443 Fulton, Brooklyn, NY 11216 $1,833,333 Feb 2025 4,860 SF
1175 Bedford, Brooklyn, NY 11216-6811 $330,000 Feb 2025 4,400 SF
543-545 Nostrand, Brooklyn, NY 11216 $1,950,000 Dec 2024 7,200 SF
1337 Fulton, Brooklyn, NY 11216-5242 $1,700,000 Nov 2024 5,200 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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