Financial
Distress signals
Property profile

2430 Stillwell Ave Brooklyn, NY 11223

FOR SALE
Retail space
Property ID
US63-4252791
1,168 SF 0.03 ac lot Built 1930
Last sale Oct 2004 · $325,000
Individually Owned Owner of record is an individual. 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

In the Bath Beach section of Brooklyn, the property is a 1,360 sq ft commercial space positioned directly by a D train entrance. It is currently configured for retail use and includes an open layout with high ceilings, two bathrooms, and additional lower-level space that can be used for storage. The site is approximately 0.0315 acres and features unused air rights that may support future expansion or redevelopment. The property is located near major commercial corridors and public

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?
$10k
Tax billed · 2024
Assessed value$96k
Assessed land$40k
Assessed improvement$57k
Effective rate10.59%

Value estimate

· Sep 2026
$415k
$374k – $457k
AI approach$415k
Sales comparison$760k
NOI build-up
Gross scheduled income$106k
Vacancy & credit loss−$13k
Operating expenses−$28k
NOI · 6.53% cap applied$65k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$770/SF
Submarket average, outlier-cleaned · 291 recorded sales of this use type
Observed band · Q1–Q3$457 – $1,224
Qualifying comparables16

Cap rate analysis

How does the asset earn?
6.53%
$65k 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?
R5
This district is designed to permits moderate density residential neighborhoods with a mix of housing types except zero lot line buildings
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 Firm67.8
Realty agency62.0
Acupuncture14.1

Location

2430 Stillwell Ave Brooklyn, NY 11223
County assessor Recorded deeds · 1 transfer 16 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
1790 Stillwell, Brooklyn, NY 11223-1009 $500,000 Apr 2025 787 SF
117 Ave U, Brooklyn, NY 11223-3605 $915,000 Dec 2024 1,100 SF
2436 Stillwell, Brooklyn, NY 11223-5803 $1,100,000 Feb 2024 990 SF
2801 86th, Brooklyn, NY 11223-4433 $675,000 Apr 2023 1,400 SF
300 Kings, Brooklyn, NY 11223-1349 $1,200,000 Apr 2022 1,800 SF
325 Ave X, Brooklyn, NY 11223-5913 $510,000 Oct 2019 1,100 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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