Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

501 Smith St Brooklyn, NY 11231

FOR SALE
Manufacturing properties
Property ID
US63-3357970
2,000 SF 0.05 ac lot Built 1931
Last sale Feb 2024 · $1,757,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 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?

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?
$8k
Tax billed · 2024
Assessed value$79k
Assessed land$20k
Assessed improvement$59k
Effective rate10.59%

Value estimate

· Nov 2026
$1.76M
$1.58M – $1.93M
AI approach$1.76M
NOI build-up
Gross scheduled income$311k
Vacancy & credit loss−$37k
Operating expenses−$82k
NOI · 5.48% cap applied$192k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$568/SF
Submarket average, outlier-cleaned · 170 recorded sales of this use type
Observed band · Q1–Q3$327 – $821
Qualifying comparables7

Cap rate analysis

How does the asset earn?
5.48%
$192k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M2-3
This district is designed for manufacturing and related activities which can meet a medium level of performance standards with no new res...
General categoryINDUSTRIAL
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 Firm47.6
Accounting Firm22.7
Nursing Home20.1

Location

501 Smith St Brooklyn, NY 11231
County assessor Recorded deeds · 3 transfers 7 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
62 Richards, Brooklyn, NY 11231 $1,200,000 Oct 2024 4,083 SF
144 Ctr, Brooklyn, NY 11231-3202 $2,300,000 Sep 2024 5,032 SF
20 Coffey, Brooklyn, NY 11231-1519 $2,700,000 Apr 2024 5,903 SF
85-87 Coffey, Brooklyn, NY 11231 $2,250,000 Aug 2023 4,400 SF
381 Hamilton, Brooklyn, NY 11231-3943 $18,091,475 Dec 2022 2,500 SF
75 Van Brunt, Brooklyn, NY 11231-1428 $5,200,000 Sep 2021 2,190 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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