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Property profile

1197 Fulton St Brooklyn, NY 11216

OFF-MARKET
Industrial properties
Property ID
US63-0825331
17,766 SF 0.14 ac lot Built 1930
Last sale Aug 2025 · $4,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$76k
Tax billed · 2024
Assessed value$807k
Assessed land$67k
Assessed improvement$741k
Effective rate9.41%

Value estimate

· Oct 2026
$1.33M
$1.20M – $1.46M
AI approach$1.43M
Submarket $/SF estimate$1.42M

Realmo valuation models over county records and 9 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 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?
R7D
M1-5/R7D 5.6 M1-5/R7X 6.0 M1-5/R9A 8.5 M1-5/R9X, south of East Houston Street 9.7 M1-5/R10 and M1-6/R10 12.0 the floor area ratio for com...
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 Firm159.0
Dental Office36.7
Auto Parts Store25.8

Location

1197 Fulton St Brooklyn, NY 11216-1810
County assessor Recorded deeds · 6 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
173 Lexington, Brooklyn, NY 11216-1114 $14,212,447 Oct 2024 3,750 SF
48 Herkimer, Brooklyn, NY 11216-2714 $1,470,000 Dec 2022 2,454 SF
59 Herkimer, Brooklyn, NY 11216 $2,600,000 May 2022 6,300 SF
27-29 Herkimer, Brooklyn, NY 11216 $1,410,000 Dec 2019 4,275 SF
15 Herkimer, Brooklyn, NY 11216-2713 $300,000 Mar 2019 2,000 SF
1260 Atlantic, Brooklyn, NY 11216-2710 $23,500,000 Feb 2019 92,191 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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