Financial
Distress signals
Property profile

2148 Ocean Ave Brooklyn, NY 11229

FOR LEASE
Office buildings
Property ID
US63-4005528
46,988 SF 0.24 ac lot Built 2015
Last sale Nov 2004 · $2,450,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 3,500 square foot office space is located at 2148 Ocean Avenue, situated between Kings Highway and Quentin Road. The property is part of a single, six-story building constructed in 2015, offering a total of 46,988 square feet on a 10,605 square foot lot. The building features a modern design and is conveniently located near public transportation, ensuring easy access for employees and clients. This single-tenant occupancy space is on the third floor and benefits from

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.

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?
$328k
Tax billed · 2024
Assessed value$3.95M
Assessed land$602k
Assessed improvement$3.34M
Effective rate8.32%

Value estimate

· Sep 2026
$14.23M
$12.80M – $15.65M
CAP approach$19.24M
Submarket $/SF estimate$8.93M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$550/SF
Submarket average, outlier-cleaned · 228 recorded sales of this use type
Observed band · Q1–Q3$362 – $913
Qualifying comparables3

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?
R7A
This district is designed to supports medium to high density housing, particularly in areas well served by public transportation and comm...
General categoryRESIDENTIAL
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility36.8
Realty agency30.3
Hotel & Motel20.8

Location

2148 Ocean Ave Brooklyn, NY 11229
County assessor Recorded deeds · 10 transfers 3 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
1600 Kings, Brooklyn, NY 11229 $12,850,000 Oct 2024 32,838 SF
3030 Nostrand, Brooklyn, NY 11229-1821 $6,800,000 May 2024 15,000 SF
1636 14th, Brooklyn, NY 11229-1190 $3,800,000 Nov 2021 13,920 SF
1717-1719 12th, Brooklyn, NY 11229 $9,750,000 Jul 2019 22,161 SF
1623 Kings, Brooklyn, NY 11229-1209 $18,000,000 Apr 2019 17,725 SF
1302 Kings, Brooklyn, NY 11229-1970 $13,500,000 Oct 2018 16,600 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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