Financial
Distress signals
Property profile

1115 Broadway Brooklyn, NY 11221

OFF-MARKET
Retail space
Property ID
US63-6242419
2,250 SF 0.05 ac lot Built 1931
Last sale Nov 2025 · $1,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 2,250 square foot retail property at 1115 Broadway in Brooklyn, NY 11221, presents a unique investment and redevelopment opportunity. The vacant, single-story building, constructed in 1931, boasts two storefronts and recently renovated interiors. Its prime corner location offers high visibility and significant foot traffic. The property is zoned R6, C2-3, allowing for diverse development possibilities. With a lot size of 2,250 square feet and substantial air rights (3,128

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?
$11k
Tax billed · 2024
Assessed value$111k
Assessed land$41k
Assessed improvement$70k
Effective rate9.55%

Value estimate

· Sep 2026
$445k
$401k – $490k
CAP approach$1.66M
Sales comparison$1.17M

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$770/SF
Submarket average, outlier-cleaned · 291 recorded sales of this use type
Observed band · Q1–Q3$457 – $1,224
Qualifying comparables13

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?
R6
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 Firm141.6
Realty agency64.4
Parking Facility32.6

Location

1115 Broadway Brooklyn, NY 11221-3015
County assessor Recorded deeds · 2 transfers 13 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
512 Throop, Brooklyn, NY 11221-1134 $300,000 May 2023 460 SF
510 Throop, Brooklyn, NY 11221-1134 $300,000 May 2023 460 SF
1275 Broadway, Brooklyn, NY 11221-2908 $6,000,000 May 2022 10,000 SF
2 Ralph, Brooklyn, NY 11221-3614 $750,000 Dec 2019 3,000 SF
85 Suydam, Brooklyn, NY 11221-2707 $900,000 Aug 2019 1,607 SF
1189 Gates, Brooklyn, NY 11221-4601 $900,000 Nov 2018 1,500 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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