Financial
Distress signals
Property profile

849 Park Pl Brooklyn, NY 11216

OFF-MARKET
Other apartment buildings
Property ID
US63-5399720
4,410 SF 0.06 ac lot Built 1931
Last sale Mar 2025 · $20,000
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. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This semi-detached apartment building in Brooklyn, New York contains five residential units across three stories in a walk-up configuration. The building was constructed in 1931 and has an estimated total building area of 2,640 square feet; it is presented in as-is condition and requires extensive renovation. The property sits on a lot measuring 25 feet by 105.58 feet at 849 Park Place. It is located in an R6 zoning district, with redevelopment potential that may support an improved total

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?
$14k
Tax billed · 2024
Assessed value$489k
Assessed land$6k
Assessed improvement$483k
Effective rate2.91%

Value estimate

· Sep 2026
$1.10M
$990k – $1.21M

Realmo valuation models over county records and 24 qualifying comparable sales.

Recently sold

What actually traded nearby?
$364/SF
ZIP average, outlier-cleaned · 86 recorded sales of this use type
Observed band · Q1–Q3$198 – $555
Qualifying comparables24

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?
R6
This district focuses on medium density housing in areas with higher accessibility to transportation and community services, allowing for...
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 Firm167.5
Dental Office59.9
Parking Facility41.4

Location

849 Park Pl Brooklyn, NY 11216-4003
County assessor Recorded deeds · 7 transfers 24 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
786 Park, Brooklyn, NY 11216-3908 $950,000 Feb 2026 5,304 SF
155 Hancock, Brooklyn, NY 11216-2169 $60,000 Jan 2026 4,500 SF
338 Clifton, Brooklyn, NY 11216-1073 $2,900,000 Mar 2025 4,840 SF
338 Tompkins, Brooklyn, NY 11216 $2,425,000 Dec 2024 5,280 SF
130 Jefferson, Brooklyn, NY 11216-2393 $800,000 Nov 2024 4,400 SF
1216 Pacific, Brooklyn, NY 11216-3083 $3,838,048 Oct 2024 3,840 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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