Financial
Distress signals
Property profile

59 Paidge Ave 81 Brooklyn, NY 11222

OFF-MARKET
Warehouses
Property ID
US63-2664858
248,850 SF 5.55 ac lot Built 1958
Last sale Apr 2024 · $40,755,918
Trust Owned Owner of record is a trust. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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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?
$1.94M
Tax billed · 2024
Assessed value$20.37M
Assessed land$3.43M
Assessed improvement$16.94M
Effective rate9.50%

Value estimate

· Sep 2026
$40.76M
$36.68M – $44.83M
AI approach$40.76M
Sales comparison$30.44M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$553/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$295 – $796

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?
M3-1
This district is designed to accommodate the essential heavy industrial uses which involve more objectionable influences and hazards, and...
General categoryINDUSTRIAL
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Nursing Home
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nursing Home11.6
Pet Grooming Service9.5
Assisted Living Facility9.5

Location

59 Paidge Ave, Unit 81 Brooklyn, NY 11222-1205
County assessor Recorded deeds · 5 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
97 Ww, Brooklyn, NY 11222 $130,000,000 Dec 2025 67,000 SF
274 Russell, Brooklyn, NY 11222 $30,000,000 Sep 2024 55,500 SF
100 Apollo, Brooklyn, NY 11222 $11,886,720 Apr 2024 86,140 SF
120 Apollo, Brooklyn, NY 11222 $11,886,720 Apr 2024 32,771 SF
99 Paidge, Brooklyn, NY 11222-1205 $2,844,480 Apr 2024 13,833 SF
249 Huron, Brooklyn, NY 11222-7175 $7,500,000 Jan 2024 15,000 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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