Financial
Distress signals
Property profile

108 Flushing Ave Brooklyn, NY 11205

FOR LEASE
Investment properties
Property ID
US63-2874197
6,126 SF 0.04 ac lot Built 1905
Last sale Feb 2026 · $1,450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

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?
$15k
Tax billed · 2024
Assessed value$711k
Assessed land$73k
Assessed improvement$639k
Effective rate2.10%

Value estimate

· Sep 2026
$455k
$410k – $501k
Sales comparison$1.05M
NOI build-up
Gross scheduled income$62k
Vacancy & credit loss−$1k
Operating expenses−$27k
NOI · 799.57% cap applied$34k

Realmo valuation models over county records and 22 qualifying comparable sales.

Recently sold

What actually traded nearby?
$679/SF
ZIP average, outlier-cleaned · 79 recorded sales of this use type
Observed band · Q1–Q3$353 – $945
Qualifying comparables22

Cap rate analysis

How does the asset earn?
799.57%
$34k 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?
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: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat12.3
Assisted Living Facility10.4
Pet Grooming Service9.8

Location

108 Flushing Ave Brooklyn, NY 11205
County assessor Recorded deeds · 5 transfers 22 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
381 Myrtle, Brooklyn, NY 11205-3475 $2,650,000 Dec 2025 4,151 SF
653 Myrtle, Brooklyn, NY 11205-3922 $2,200,000 Dec 2024 7,911 SF
332 Myrtle, Brooklyn, NY 11205-3277 $2,465,000 Sep 2024 4,320 SF
455 Dekalb, Brooklyn, NY 11205-4444 $2,585,000 Aug 2024 9,352 SF
908 Kent, Brooklyn, NY 11205-2706 $5,200,000 Apr 2023 5,000 SF
525 Flushing, Brooklyn, NY 11205-1698 $885,000 Jan 2023 4,500 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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