Financial
Distress signals
Property profile

245 21st St Brooklyn, NY 11215

OFF-MARKET
Auto shops
Property ID
US63-1581068
1,700 SF 0.04 ac lot Built 1931
Last sale Dec 2020 · $999,999
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a single-story industrial building situated on a 20 ft by 85 ft lot in Brooklyn’s Greenwood Heights area. It contains approximately 1,700 square feet of existing industrial space and is built across the lot. Zoning classifications include R6A and C2-4, with a total of 5,109 buildable square feet permitted under the applicable zoning framework; in addition, there is 3,409 square feet of as-of-right buildable area associated with redevelopment potential alongside the existing

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?
$8k
Tax billed · 2024
Assessed value$94k
Assessed land$27k
Assessed improvement$67k
Effective rate8.98%

Value estimate

· Sep 2026
$1.21M
$1.09M – $1.33M
AI approach$1.30M
Submarket $/SF estimate$1.03M

Realmo valuation models over county records and 6 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 comparables6

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?
R6A
This district focuses on medium density housing in areas with higher accessibility to transportation and community services, allowing for...
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 Firm59.4
Realty agency33.5
Parking Facility15.7

Location

245 21st St Brooklyn, NY 11215-6303
County assessor Recorded deeds · 2 transfers 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
46 15th, Brooklyn, NY 11215-4610 $1,100,000 Jan 2026 2,500 SF
565-567 3rd, Brooklyn, NY 11215 $7,350,000 Sep 2023 2,310 SF
35 15th, Brooklyn, NY 11215-4609 $1,260,000 Dec 2021 2,640 SF
1708 10th, Brooklyn, NY 11215-6215 $6,000,000 Oct 2021 2,400 SF
440 3rd Avea, Brooklyn, NY 11215 $620,000 Mar 2020 2,133 SF
442 3rd, Brooklyn, NY 11215-3117 $620,000 Mar 2020 2,192 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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