Financial
Distress signals
Property profile

489 Myrtle Ave Brooklyn, NY 11205

OFF-MARKET
Investment properties
Property ID
US63-1229717
2,804 SF 0.04 ac lot Built 1958
Last sale Feb 2026 · $2,250,000
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?
$22k
Tax billed · 2024
Assessed value$502k
Assessed land$41k
Assessed improvement$462k
Effective rate4.31%

Value estimate

· Sep 2026
$490k
$441k – $539k
CAP approach$1.57M
Sales comparison$2.65M

Realmo valuation models over county records and 5 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 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 Firm71.6
Assisted Living Facility15.3
Nursing Home11.7

Location

489 Myrtle Ave Brooklyn, NY 11205-2508
County assessor Recorded deeds · 2 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
728 Myrtle, Brooklyn, NY 11205-3925 $1,800,000 Feb 2026 2,800 SF
585 Myrtle, Brooklyn, NY 11205-1436 $1,800,000 Jul 2025 2,772 SF
1000 Bedford, Brooklyn, NY 11205-4806 $387,000 Jan 2025 2,957 SF
349 Myrtle, Brooklyn, NY 11205-3216 $1,980,026 Oct 2024 2,717 SF
642 Myrtle, Brooklyn, NY 11205-2734 $999,000 Jan 2024 2,700 SF
463 Dekalb, Brooklyn, NY 11205-4407 $2,005,000 Oct 2023 2,720 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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