Financial
Distress signals
Property profile

656 Vanderbilt Ave Brooklyn, NY 11238

OFF-MARKET
Investment properties
Property ID
US63-0211066
4,484 SF 0.05 ac lot Built 1910
Last sale May 2024 · $2,700,000
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 exceptional retail space at 656 Vanderbilt Avenue in Brooklyn's vibrant Prospect Heights neighborhood offers immediate occupancy in a high-traffic location. The ground floor boasts 1,887 square feet of newly white-boxed space, perfect for a variety of retail uses. A 944 square foot basement provides additional storage or expansion potential. The property features a desirable 15-foot frontage and a 10-foot ceiling height. Its strategic location on Vanderbilt Avenue, between Park Place

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?
$12k
Tax billed · 2024
Assessed value$266k
Assessed land$30k
Assessed improvement$237k
Effective rate4.34%

Value estimate

· Sep 2026
$2.70M
$2.43M – $2.97M
AI approach$2.70M
CAP approach$2.51M
Sales comparison$2.24M

Realmo valuation models over county records and 26 qualifying comparable sales.

Recently sold

What actually traded nearby?
$638/SF
ZIP average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$500 – $1,006
Qualifying comparables26

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?
R7A
This district is designed to supports medium to high density housing, particularly in areas well served by public transportation and comm...
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 Firm81.6
Assisted Living Facility18.9
Building Supply18.0

Location

656 Vanderbilt Ave Brooklyn, NY 11238-4406
County assessor Recorded deeds · 7 transfers 26 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
446 Franklin, Brooklyn, NY 11238-2664 $50,000 Jun 2025 5,457 SF
344 Franklin, Brooklyn, NY 11238-1474 $2,350,000 Jun 2025 5,250 SF
1112 Fulton, Brooklyn, NY 11238-2647 $2,275,000 Jan 2025 4,107 SF
581 Vanderbilt, Brooklyn, NY 11238-3028 $3,000,000 Aug 2023 4,864 SF
762 Classon, Brooklyn, NY 11238-2190 $1,500,000 Aug 2023 5,332 SF
325 Franklin, Brooklyn, NY 11238-1465 $3,000,000 Jun 2023 4,050 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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