Financial
Distress signals
Property profile

996 Ocean Pkwy 122 Brooklyn, NY 11230

OFF-MARKET
Retail residential properties
Property ID
US63-2304019
154,378 SF 0.9 ac lot Built 1964
Last sale Sep 2024 · $1,210,300
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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?
$652k
Tax billed · 2024
Assessed value$5.37M
Assessed land$744k
Assessed improvement$4.63M
Effective rate12.14%

Value estimate

· Sep 2026
$1.21M
$1.09M – $1.33M
AI approach$1.21M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$434/SF
ZIP average, outlier-cleaned · 74 recorded sales of this use type
Observed band · Q1–Q3$334 – $614

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?
R5
This district is designed to permits moderate density residential neighborhoods with a mix of housing types except zero lot line buildings
General categoryRESIDENTIAL
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 agency75.4
Law Firm67.5
Parking Facility50.2

Location

996 Ocean Pkwy, Unit 122 Brooklyn, NY 11230-3425
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
649 Argyle, Brooklyn, NY 11230-1657 $4,750,000 May 2022 18,150 SF
1402 Coney Is, Brooklyn, NY 11230-4120 $3,550,000 Dec 2021 10,800 SF
1769 Coney Is, Brooklyn, NY 11230-6501 $4,500,000 Dec 2020 70,775 SF
618 Ave H, Brooklyn, NY 11230-2294 $1,100,000 Aug 2020 47,632 SF
1351 Foster, Brooklyn, NY 11230-1511 $7,200,000 Jan 2020 54,278 SF
623 Ave H, Brooklyn, NY 11230-3352 $3,950,000 Jun 2019 26,769 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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