Financial
Distress signals
Property profile

1600 W 5Th St Brooklyn, NY 11204

FOR LEASE
Investment properties
Property ID
US63-0870828
3,312 SF 0.03 ac lot Built 1930
Last sale Jun 2024 · $1,480,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years.
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Property summary

AI-generated overview

This 1,104 square foot office space in Bensonhurst, Brooklyn, is available for lease at $3,998 per month. Located at 1600 West 5th Street, this single-tenant property sits on a 1,460 square foot lot and was built in 1930. Previously used as a medical office, the space features five rooms and one and a half bathrooms. Heat and hot/cold water are included in the monthly rent. The property is situated in a vibrant neighborhood with a diverse range of amenities, including local shops,

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 · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$86k
Assessed land$10k
Assessed improvement$76k
Effective rate10.99%

Value estimate

· Sep 2026
$1.48M
$1.20M – $1.56M Model range
AI approach$1.48M
CAP approach$1.85M
Sales comparison$1.32M
NOI build-up
Gross scheduled income$46k
Vacancy & credit loss−$4k
Operating expenses−$17k
NOI · 799.84% cap applied$26k

Realmo valuation models over county records and 26 qualifying comparable sales.

Recently sold

What actually traded nearby?
$501/SF
ZIP average, outlier-cleaned · 98 recorded sales of this use type
Observed band · Q1–Q3$400 – $633
Qualifying comparables26

Cap rate analysis

How does the asset earn?
799.84%
$26k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R5B
Where the designated district is an M1-2/R5B District, the provisions of paragraph (c) of Section 25-631 (Location and width of curb cuts...
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 Firm58.7
Realty agency52.8
Parking Facility46.9

Location

1600 W 5Th St Brooklyn, NY 11204
County assessor Recorded deeds · 3 transfers 26 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2374 60th, Brooklyn, NY 11204-2655 $1,375,000 May 2025 3,600 SF
6423 20th, Brooklyn, NY 11204-3905 $4,500,000 Jan 2025 3,600 SF
7115 18th, Brooklyn, NY 11204-5204 $1,730,000 Oct 2024 3,420 SF
2261 65th, Brooklyn, NY 11204-4274 $1,705,000 Aug 2024 3,300 SF
7318 18th, Brooklyn, NY 11204-5635 $1,380,000 Aug 2024 3,534 SF
6521 20th, Brooklyn, NY 11204-3965 $1,620,000 Jan 2024 3,300 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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