Financial
Distress signals
Property profile

247 Kings Hwy Brooklyn, NY 11223

OFF-MARKET
Investment properties
Property ID
US63-4223682
1,860 SF 0.02 ac lot Built 1931
Last sale Jun 2023 · $2,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. 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?
$7k
Tax billed · 2024
Assessed value$64k
Assessed land$13k
Assessed improvement$51k
Effective rate10.45%

Value estimate

· Sep 2026
$2.52M
$2.26M – $2.77M
AI approach$2.50M

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

Recently sold

What actually traded nearby?
$496/SF
ZIP average, outlier-cleaned · 104 recorded sales of this use type
Observed band · Q1–Q3$366 – $642
Qualifying comparables7

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm79.9
Realty agency59.4
Parking Facility48.5

Location

247 Kings Hwy Brooklyn, NY 11223-1241
County assessor Recorded deeds · 3 transfers 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
541 Kings, Brooklyn, NY 11223-1919 $1,900,000 Jan 2025 1,792 SF
357 Ave X, Brooklyn, NY 11223-5915 $1,040,000 Sep 2024 2,400 SF
2851 86th, Brooklyn, NY 11223-4634 $999,000 Sep 2024 1,600 SF
2587 Stillwell, Brooklyn, NY 11223-5828 $800,000 Apr 2024 1,400 SF
519 Kings, Brooklyn, NY 11223-2970 $1,575,000 Jan 2024 2,196 SF
160 Ave U, Brooklyn, NY 11223-3740 $1,300,000 Oct 2023 2,200 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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