Financial
Distress signals
Property profile

175 Park Ave Brooklyn, NY 11205

FOR LEASE
Investment properties
Property ID
US63-3833463
2,052 SF 0.03 ac lot Built 1957
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. 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?
$5k
Tax billed · 2024
Assessed value$106k
Assessed land$4k
Assessed improvement$102k
Effective rate5.18%

Value estimate

· Sep 2026
$360k
$324k – $396k
NOI build-up
Gross scheduled income$62k
Vacancy & credit loss−$7k
Operating expenses−$16k
NOI · 1,097.68% cap applied$38k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$679/SF
ZIP average, outlier-cleaned · 79 recorded sales of this use type
Observed band · Q1–Q3$353 – $945
Qualifying comparables6

Cap rate analysis

How does the asset earn?
1,097.68%
$38k 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?
M1-2
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 categoryINDUSTRIAL
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat13.7
Assisted Living Facility12.2
Pet Grooming Service11.1

Location

175 Park Ave Brooklyn, NY 11205
County assessor Recorded deeds · not on file 6 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
606 Myrtle, Brooklyn, NY 11205-1480 $2,600,000 Jan 2026 2,430 SF
750 Myrtle, Brooklyn, NY 11205-4367 $1,900,000 Feb 2025 2,329 SF
984 Bedford, Brooklyn, NY 11205-4502 $1,825,000 Jun 2024 2,016 SF
167 Park, Brooklyn, NY 11205-2278 $1,160,500 May 2024 2,652 SF
483 Dekalb, Brooklyn, NY 11205-4410 $4,625,000 Apr 2023 2,400 SF
819 Bedford, Brooklyn, NY 11205-2801 $3,100,000 Feb 2023 2,300 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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