Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

106 Melrose St Brooklyn, NY 11206

FOR SALE
Warehouses
Property ID
US63-2403987
4,375 SF 0.06 ac lot Built 2002
Last sale Apr 2022 · $2,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 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. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$25k
Tax billed · 2024
Assessed value$275k
Assessed land$34k
Assessed improvement$241k
Effective rate9.28%

Value estimate

· Nov 2026
$2.56M
$2.30M – $2.81M
AI approach$2.71M
Submarket $/SF estimate$1.76M
NOI build-up
Gross scheduled income$368k
Vacancy & credit loss−$29k
Operating expenses−$85k
NOI · 3.62% cap applied$254k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$371/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$301 – $500
Qualifying comparables6

Cap rate analysis

How does the asset earn?
3.62%
$254k 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?
M1-1
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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm134.6
Realty agency65.0
Parking Facility28.0

Location

106 Melrose St Brooklyn, NY 11206
County assessor Recorded deeds · 5 transfers 6 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
170 Moore, Brooklyn, NY 11206-3708 $1,025,000 Oct 2024 3,296 SF
291 Wallabout, Brooklyn, NY 11206-4325 $6,700,000 Mar 2024 5,000 SF
17 Ingraham, Brooklyn, NY 11206-3506 $2,300,000 Jan 2024 6,510 SF
18 Grattan, Brooklyn, NY 11206-3808 $600,000 Sep 2023 2,500 SF
108 Melrose, Brooklyn, NY 11206 $2,700,000 Apr 2022 4,375 SF
188 Varet, Brooklyn, NY 11206-3703 $4,200,000 Mar 2022 6,972 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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Includes: Price & PSF · Cap rate · Location · Zoning

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