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Property profile

402 Rockaway Ave Brooklyn, NY 11212

OFF-MARKET
Auto shops
Property ID
US63-0862014
0.11 ac lot
Last sale Apr 2026 · $3,070,000
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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Property summary

AI-generated overview

This exceptional 10,000 square foot double lot in Brooklyn, NY (11212), presents a prime redevelopment opportunity. Situated on Rockaway Avenue in Kings County, this property boasts a highly desirable C4-3/R6 zoning designation, allowing for flexible mixed-use development. Currently operating as a parking lot, it generates a consistent income stream with a 5.5% cap rate, offering immediate returns. The location is ideal, providing high visibility and foot traffic in a vibrant commercial and…

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?
$15k
Tax billed · 2024
Assessed value$216k
Assessed land$216k
Effective rate7.04%

Value estimate

· Nov 2026
$85k
$77k – $94k
AI approach$80k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$795/SF
Submarket average, outlier-cleaned · 209 recorded sales of this use type
Observed band · Q1–Q3$346 – $1,411

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?
C4-3
This district comprise the City major and secondary shopping and business centers, which provide for shopping needs and services over a w...
General categoryCOMMERCIAL
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 Firm143.6
Realty agency138.8
Dental Office89.0

Location

402 Rockaway Ave Brooklyn, NY 11212-5634
County assessor Recorded deeds · 3 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
382 Remsen, Brooklyn, NY 11212-1200 $200,000 Dec 2024 1,404 SF
248 Junius, Brooklyn, NY 11212-8131 $1,800,000 Sep 2024 4,100 SF
1645 New York, Brooklyn, NY 11212-8017 $567,000 Dec 2023 1,247 SF
238-242 Junius, Brooklyn, NY 11212 $2,500,000 Jan 2023 7,483 SF
212 Tapscott, Brooklyn, NY 11212-3935 $365,000 Jul 2022 2,600 SF
1638 New York, Brooklyn, NY 11212-7950 $1,999,999 Jun 2020 8,100 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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