Financial
Distress signals
Property profile

1618 Sheepshead Bay Rd 1624 Brooklyn, NY 11235

OFF-MARKET
Retail residential properties
Property ID
US63-2535005
7,000 SF 0.11 ac lot Built 1927
Last sale Feb 2024 · $3,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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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 · 2024

What does the county charge?
$49k
Tax billed · 2024
Assessed value$519k
Assessed land$78k
Assessed improvement$441k
Effective rate9.43%

Value estimate

· Sep 2026
$3.10M
$2.79M – $3.41M
AI approach$3.10M
CAP approach$3.91M
Sales comparison$3.47M

Realmo valuation models over county records and 39 qualifying comparable sales.

Recently sold

What actually traded nearby?
$421/SF
ZIP average, outlier-cleaned · 82 recorded sales of this use type
Observed band · Q1–Q3$322 – $556
Qualifying comparables39

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?
C4-2
This district comprise the City major and secondary shopping and business centers, which provide for shopping needs and services over a w...
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 agency34.2
Parking Facility32.6
Hotel & Motel15.6

Location

1618 Sheepshead Bay Rd, Unit 1624 Brooklyn, NY 11235-3850
County assessor Recorded deeds · 3 transfers 39 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
410 Brighton Bch, Brooklyn, NY 11235-6482 $3,300,000 Apr 2024 4,334 SF
3145 Coney Is, Brooklyn, NY 11235-5369 $1,700,000 Nov 2023 4,800 SF
509 Brighton Bch, Brooklyn, NY 11235-6403 $1,900,000 Mar 2023 4,000 SF
3160 Coney Is, Brooklyn, NY 11235-6577 $3,200,000 Oct 2022 12,160 SF
227 Brighton Bch, Brooklyn, NY 11235-7406 $2,000,000 May 2022 3,856 SF
221 Brighton Bch, Brooklyn, NY 11235-7406 $2,050,000 Jan 2022 3,880 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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