Financial
Distress signals
Property profile

116 3rd St Brooklyn, NY 11231

OFF-MARKET
Warehouses
Property ID
US63-4194531
27,405 SF 0.49 ac lot Built 1976
Last sale Feb 1998 · $400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

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

What does the county charge?
Assessed value · 2024$1.36M
Assessed land$172k
Assessed improvement$1.19M

Value estimate

· Sep 2026
$705k
$635k – $776k
CAP approach$9.11M

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$752/SF
ZIP average, outlier-cleaned · 19 recorded sales of this use type
Observed band · Q1–Q3$269 – $1,289
Qualifying comparables9

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?
M1-4
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: Nursing Home
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nursing Home22.5
Assisted Living Facility21.6
Accounting Firm20.6

Location

116 3rd St Brooklyn, NY 11231
County assessor Recorded deeds · 2 transfers 9 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
30-34 Richards, Brooklyn, NY 11231 $5,650,000 Feb 2026 11,082 SF
130 3rd, Brooklyn, NY 11231 $19,500,000 Sep 2023 60,375 SF
238 Conover, Brooklyn, NY 11231-1020 $8,000,000 Sep 2022 17,900 SF
587 Ct, Brooklyn, NY 11231-3817 $5,825,468 Sep 2022 10,000 SF
202-204 Van Dyke, Brooklyn, NY 11231 $10,230,000 Jul 2022 36,000 SF
42 President, Brooklyn, NY 11231-1324 $22,000,000 Jul 2022 14,739 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 116 3rd St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message