Realmo Analytics

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Property profile

115 Banker St Brooklyn, NY 11222

FOR LEASE
Manufacturing properties
Property ID
US63-1868288
15,450 SF 0.28 ac lot Built 1928
Last sale Mar 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 7,600-square-foot industrial building presents a unique leasing opportunity in the heart of Williamsburg, Brooklyn. Located on Banker Street, this single-tenant property boasts a highly desirable M1-1 zoning designation, offering unparalleled flexibility for a variety of commercial uses. The space features a 13-foot ceiling height, one drive-in door, and is fully air-conditioned, complemented by abundant skylights for natural light. The building is in excellent condition and…

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?
$75k
Tax billed · 2024
Assessed value$805k
Assessed land$99k
Assessed improvement$707k
Effective rate9.34%

Value estimate

· Oct 2026
$810k
$729k – $891k
CAP approach$4.23M

Realmo valuation models over county records and 5 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 comparables5

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?
M1-1
This district is designed for a wide range of manufacturing and related uses which can conform to a high level of performance standards
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 Firm58.4
Nursing Home12.5
Assisted Living Facility11.5

Location

115 Banker St Brooklyn, NY 11222
County assessor Recorded deeds · 1 transfer 5 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
273 Russell, Brooklyn, NY 11222-1919 $9,170 Nov 2024 9,033 SF
249 Huron, Brooklyn, NY 11222-7175 $7,500,000 Jan 2024 15,000 SF
259 Monitor, Brooklyn, NY 11222-1912 $3,585,000 Sep 2022 20,113 SF
16 Norman, Brooklyn, NY 11222-2811 $4,705,000 Sep 2021 8,304 SF
193 Banker, Brooklyn, NY 11222-7543 $3,700,000 Jan 2021 19,756 SF
394 Mcguinness, Brooklyn, NY 11222-1204 $6,800,000 May 2020 21,000 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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