Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

1199-1201 Atlantic Ave Brooklyn, NY 11216

OFF-MARKET
Retail space
Property ID
US63-5486567
19,816 SF 0.11 ac lot Built 1910
Last sale Feb 2006 · $3,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 20-yr Hold Held for 20 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?
$194k
Tax billed · 2024
Assessed value$2.05M
Assessed land$178k
Assessed improvement$1.87M
Effective rate9.47%

Value estimate

· Nov 2026
$7.28M
$6.55M – $8.00M
AI approach$7.00M

Realmo valuation models over county records and 28 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 comparables28

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 Firm163.2
Dental Office55.4
Realty agency28.8

Location

1199-1201 Atlantic Ave Brooklyn, NY 11216
County assessor Recorded deeds · 8 transfers 28 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
1288 Fulton, Brooklyn, NY 11216-2101 $5,000,000 Dec 2025 8,950 SF
484-486 Tompkins, Brooklyn, NY 11216 $1,833,333 Feb 2025 1,700 SF
113 Herkimer, Brooklyn, NY 11216 $4,600,000 Jul 2023 4,600 SF
1250 Fulton, Brooklyn, NY 11216-2003 $308,000 May 2023 12,500 SF
1122 Bedford Ave, Brooklyn, NY 11216-2396 $130,500 Sep 2021 1,788 SF
1191 Fulton, Brooklyn, NY 11216-1810 $862,500 Dec 2018 1,801 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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