Financial
Distress signals
Property profile

187 State St Brooklyn, NY 11201

OFF-MARKET
Other investment properties
Property ID
US63-3923835
3,763 SF 0.02 ac lot Built 1910
Last sale Jan 2024 · $4,125,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This residential income property consists of a three-bedroom, two-bathroom apartment within a 1910-era building. The interior layout features a broad shared living area, hardwood flooring, exposed brick details, and substantial storage. The kitchen is arranged with an island and includes stainless steel appliances, a dishwasher, and ample countertop/work surfaces. The apartment is provided with central heat and air conditioning, and laundry facilities are available within the building. The

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?
$50k
Tax billed · 2024
Assessed value$786k
Assessed land$158k
Assessed improvement$629k
Effective rate6.40%

Value estimate

· Sep 2026
$4.13M
$3.71M – $4.54M
AI approach$4.13M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$969/SF
ZIP average, outlier-cleaned · 79 recorded sales of this use type
Observed band · Q1–Q3$565 – $1,552
Qualifying comparables6

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?
C62A
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Assisted Living Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Assisted Living Facility10.8
Nursing Home10.0
Auto Parts Store9.4

Location

187 State St Brooklyn, NY 11201-7296
County assessor Recorded deeds · 7 transfers 6 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
216 Smith, Brooklyn, NY 11201-6437 $2,750,000 May 2025 3,300 SF
142 Lawrence, Brooklyn, NY 11201-5209 $5,000,000 Dec 2024 3,860 SF
133 Smith, Brooklyn, NY 11201-6204 $3,150,000 Apr 2024 3,250 SF
150 Henry, Brooklyn, NY 11201-2504 $7,625,000 Jan 2024 4,312 SF
153 Clinton, Brooklyn, NY 11201-4601 $5,449,101 Dec 2023 3,466 SF
145 Smith, Brooklyn, NY 11201-7706 $2,900,000 May 2023 3,948 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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