Financial
Distress signals
Property profile

385 Vernon Ave Brooklyn, NY 11206

OFF-MARKET
Other apartment buildings
Property ID
US63-2775662
14,615 SF 0.15 ac lot Built 2007
Last sale Nov 2025 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

385 Vernon Avenue 2F is a renovated two-bedroom, one-bath corner condominium located in a boutique 16-residence building constructed in 2007. The unit has a bright interior with southeastern exposure and includes a covered outdoor balcony and access to a large shared backyard. The interior layout is designed for practical daily use with custom closets and extensive storage, and the stackable in-unit washer/dryer is enclosed within a custom closet. The kitchen features custom cabinetry, granite

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?
$116k
Tax billed · 2024
Assessed value$1.09M
Assessed land$117k
Assessed improvement$968k
Effective rate10.71%

Value estimate

· Sep 2026
$460k
$414k – $506k
AI approach$305k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$306/SF
ZIP average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$122 – $467
Qualifying comparables16

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?
R6B
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 Firm145.1
Realty agency52.4
Parking Facility28.6

Location

385 Vernon Ave Brooklyn, NY 11206-6789
County assessor Recorded deeds · 10 transfers 16 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
15 Humboldt, Brooklyn, NY 11206-4117 $950,000 Jan 2026 6,500 SF
11 10th Eyck, Brooklyn, NY 11206-1043 $635,000 Nov 2024 26,100 SF
19 Thames, Brooklyn, NY 11206-3844 $725,000 Jul 2024 10,500 SF
48 Meserole, Brooklyn, NY 11206-1983 $15,000,000 May 2024 25,777 SF
109 Troutman, Brooklyn, NY 11206-6105 $560,037 May 2024 6,282 SF
135 Heyward, Brooklyn, NY 11206-4836 $3,800,000 Jul 2023 8,400 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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