Financial
Distress signals
Property profile

97 Grand St Brooklyn, NY 11249

OFF-MARKET
Apartment buildings
Property ID
US63-1977498
60,210 SF 0.34 ac lot Built 2007
Last sale Mar 2024 · $27,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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.

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?
$286k
Tax billed · 2024
Assessed value$6.23M
Assessed land$798k
Assessed improvement$5.43M
Effective rate4.59%

Value estimate

· Sep 2026
$27.50M
$24.75M – $30.25M
AI approach$27.50M
CAP approach$28.28M
Submarket $/SF estimate$21.14M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$2,973/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$419 – $6,131
Qualifying comparables5

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?
R7A
This district is designed to supports medium to high density housing, particularly in areas well served by public transportation and comm...
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 Firm87.0
Hair Salon18.1
Assisted Living Facility16.0

Location

97 Grand St Brooklyn, NY 11249-4123
County assessor Recorded deeds · 11 transfers 5 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
34 Berry, Brooklyn, NY 11249-1025 $53,000,000 Mar 2024 149,425 SF
84 9th, Brooklyn, NY 11249-1900 $22,030,178 Jan 2024 48,980 SF
117 4th, Brooklyn, NY 11249-3217 $9,750,000 Sep 2023 6,541 SF
52 1st, Brooklyn, NY 11249 $34,926,000 Feb 2023 54,698 SF
137-141 10th, Brooklyn, NY 11249 $27,815,000 Feb 2023 42,500 SF
144-148 10th, Brooklyn, NY 11249 $18,500,000 Jun 2022 36,760 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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