Financial
Distress signals
Property profile

1970 Flatbush Ave Brooklyn, NY 11234

OFF-MARKET
Retail residential properties
Property ID
US63-6263608
3,240 SF 0.04 ac lot Built 1949
Last sale Jul 2025 · $830,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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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?
$25k
Tax billed · 2024
Assessed value$239k
Assessed land$28k
Assessed improvement$210k
Effective rate10.59%

Value estimate

· Sep 2026
$455k
$410k – $501k
AI approach$455k
Sales comparison$661k

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$384/SF
ZIP average, outlier-cleaned · 92 recorded sales of this use type
Observed band · Q1–Q3$280 – $498
Qualifying comparables20

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm60.5
Realty agency46.9
Parking Facility29.4

Location

1970 Flatbush Ave Brooklyn, NY 11234-2818
County assessor Recorded deeds · 4 transfers 20 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
3223 Quentin, Brooklyn, NY 11234-4236 $1,250,000 Nov 2025 2,780 SF
1959 Flatbush, Brooklyn, NY 11234-2819 $950,000 Nov 2024 2,916 SF
2082 Flatbush, Brooklyn, NY 11234-4314 $900,000 Feb 2024 3,080 SF
4717 Ave N, Brooklyn, NY 11234-3709 $800,000 Nov 2022 2,800 SF
2274 Flatbush, Brooklyn, NY 11234-4518 $750,000 Feb 2022 3,440 SF
5801 Ave N, Brooklyn, NY 11234-4127 $995,000 Aug 2021 3,100 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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