Financial
Distress signals
Property profile

1982 Fulton St Brooklyn, NY 11233

OFF-MARKET
Commercial real estate
Property ID
US63-5980538
3,595 SF 0.07 ac lot Built 1899
Last sale Mar 2025 · $1,830,000
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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Property summary

AI-generated overview

This exceptional bank-owned foreclosure presents a unique investment opportunity in the vibrant Bedford-Stuyvesant neighborhood of Brooklyn. Located at 1982 Fulton Street, this 3,126 square foot lot (29.5 x 100 feet) offers significant development potential. The property boasts dual zoning designations: R7D and C2-4, allowing for a diverse range of commercial and residential projects. With a generous Floor Area Ratio (FAR) of 5.6, the total buildable square footage reaches an impressive

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?
$13k
Tax billed · 2024
Assessed value$170k
Assessed land$170k
Effective rate7.70%

Value estimate

· Sep 2026
$1.74M
$1.56M – $1.91M
CAP approach$2.01M
Sales comparison$1.26M

Realmo valuation models over county records and 32 qualifying comparable sales.

Recently sold

What actually traded nearby?
$332/SF
ZIP average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$212 – $472
Qualifying comparables32

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?
R7D
M1-5/R7D 5.6 M1-5/R7X 6.0 M1-5/R9A 8.5 M1-5/R9X, south of East Houston Street 9.7 M1-5/R10 and M1-6/R10 12.0 the floor area ratio for com...
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 Firm131.7
Realty agency102.1
Dental Office75.6

Location

1982 Fulton St Brooklyn, NY 11233-3104
County assessor Recorded deeds · 4 transfers 32 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1905 Atlantic, Brooklyn, NY 11233-3161 $480,000 Jan 2026 1,020 SF
149 Rockaway, Brooklyn, NY 11233-3219 $436,375 Nov 2025 4,800 SF
1905 Fulton, Brooklyn, NY 11233-3103 $680,000 Aug 2025 2,324 SF
48 Somers, Brooklyn, NY 11233-2824 $3,750,000 May 2025 6,000 SF
2075 Fulton, Brooklyn, NY 11233-3331 $375,000 Apr 2024 3,000 SF
52 Buffalo, Brooklyn, NY 11233-3036 $235,001 Apr 2023 2,406 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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