Realmo Analytics

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Financial
Distress signals
Property profile

218 48Th St Brooklyn, NY 11220

FOR SALE
Auto shops
Property ID
US63-3375328
5,200 SF 0.12 ac lot Built 1978
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon
218 48Th St, Brooklyn, NY 11220 For Sale
$440,000 5,200 SF
218 48Th St, Brooklyn, NY 11220
View Listing

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?
$24k
Tax billed · 2024
Assessed value$284k
Assessed land$95k
Assessed improvement$189k
Effective rate8.33%

Value estimate

· Oct 2026
$440k
$396k – $484k
AI approach$440k
NOI build-up
Gross scheduled income$175k
Vacancy & credit loss−$9k
Operating expenses−$50k
NOI · 1,160.66% cap applied$116k

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

Recently sold

What actually traded nearby?
$795/SF
Submarket average, outlier-cleaned · 209 recorded sales of this use type
Observed band · Q1–Q3$346 – $1,411
Qualifying comparables7

Cap rate analysis

How does the asset earn?
1,160.66%
$116k 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?
M12D
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 agency44.3
Law Firm31.3
Nursing Home13.9

Location

218 48Th St Brooklyn, NY 11220
County assessor Recorded deeds · not on file 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
6128 8th, Brooklyn, NY 11220-4339 $5,644,750 Mar 2025 5,600 SF
251-253 47th, Brooklyn, NY 11220 $1,100,000 Mar 2023 1,980 SF
522 65th, Brooklyn, NY 11220-4919 $1,999,000 Oct 2022 6,560 SF
819 66th, Brooklyn, NY 11220-5705 $1,750,000 Nov 2021 2,635 SF
201 62nd, Brooklyn, NY 11220-4409 $3,200,000 Oct 2020 11,200 SF
342-346 63rd, Brooklyn, NY 11220 $1,350,000 Jan 2020 2,800 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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