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Financial
Distress signals
Property profile

1408 Neptune Ave Brooklyn, NY 11224

OFF-MARKET
Investment properties
Property ID
US63-2377812
1,760 SF 0.03 ac lot Built 1935
Last sale Dec 2008
Entity Owned Owner of record is a legal entity (LLC / corporation). 17-yr Hold Held for 17 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$4k
Tax billed · 2024
Assessed value$42k
Assessed land$8k
Assessed improvement$34k
Effective rate10.19%

Value estimate

· Oct 2026
$325k
$293k – $358k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$236/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$116 – $338
Qualifying comparables7

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?
C8-1
This district is designed to provide for necessary services for a wider area than is served by the Local Commercial Districts and often i...
General categoryCOMMERCIAL
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency67.3
Law Firm61.7
Accounting Firm18.9

Location

1408 Neptune Ave Brooklyn, NY 11224-2715
County assessor Recorded deeds · 1 transfer 7 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1514 Mermaid, Brooklyn, NY 11224 $1,225,000 Aug 2025 3,000 SF
1413 Neptune, Brooklyn, NY 11224-2761 $618,150 Jan 2025 2,340 SF
3514 Neptune, Brooklyn, NY 11224-1504 $400,000 Aug 2024 1,690 SF
1511 Neptune, Brooklyn, NY 11224-2725 $811,000 Aug 2023 2,054 SF
2803 20th, Brooklyn, NY 11224-2515 $515,000 Nov 2019 2,250 SF
2114 Mermaid, Brooklyn, NY 11224-2598 $875,000 Dec 2018 3,135 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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