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Financial
Distress signals
Property profile

221 Glenmore Ave Brooklyn, NY 11207

OFF-MARKET
Other commercial real estate
Property ID
US63-1777426
28,830 SF 0.82 ac lot Built 1922
Last sale Aug 2023 · $6,900,000
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

The property portfolio includes two adjacent industrial manufacturing facilities at 221–241 Glenmore Avenue in Brooklyn, totaling 38,380 square feet, including approximately 5,000 square feet of second-floor office space within that total. The buildings provide primarily open, mostly uninterrupted factory/warehouse area totaling approximately 33,830 square feet, with ceiling clearance of about 16–18 feet throughout, and slabbed floors that were recently completed. There is minimal reported…

Ownership intelligence

Who controls the opportunity?

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

Debts

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?
$34k
Tax billed · 2024
Assessed value$323k
Assessed land$323k
Effective rate10.49%

Value estimate

· Oct 2026
$8.51M
$7.65M – $9.36M
AI approach$8.59M
Submarket $/SF estimate$5.96M

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$290/SF
ZIP average, outlier-cleaned · 92 recorded sales of this use type
Observed band · Q1–Q3$207 – $440
Qualifying comparables16

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?
M1-4
This district is designed for a wide range of manufacturing and related uses which can conform to a high level of performance standards
General categoryINDUSTRIAL
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency90.3
Law Firm77.2
Dental Office49.8

Location

221 Glenmore Ave Brooklyn, NY 11207-3307
County assessor Recorded deeds · 2 transfers 16 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
2669 Atlantic, Brooklyn, NY 11207 $1,800,000 Jun 2025 7,575 SF
2863 Atlantic, Brooklyn, NY 11207-3184 $3,200,000 Aug 2024 6,640 SF
651 Liberty, Brooklyn, NY 11207-3222 $1,700,000 Jun 2024 2,550 SF
603 Jerome, Brooklyn, NY 11207-6007 $500,000 Apr 2024 2,800 SF
Hinsdale, Brooklyn, NY 11207 $14,980,000 Mar 2024 3,650 SF
124 Jamaica, Brooklyn, NY 11207-2006 $1,700,000 Jul 2022 4,000 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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