Financial
Distress signals
Property profile

276 Kings Hwy Brooklyn, NY 11223

FOR SALE
Other investment properties
Property ID
US63-1558941
3,100 SF 0.03 ac lot Built 1931
Last sale Aug 2026 · $1,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is configured for a sushi restaurant use and includes dedicated storage space in the basement. It has an existing leased occupancy with approximately 4 years remaining under the current lease arrangement. The property is located in an area with a bike score of 80 and a walk score of 79, and it has a transit score of 90, indicating strong access to public transportation.

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?
$9k
Tax billed · 2024
Assessed value$83k
Assessed land$21k
Assessed improvement$62k
Effective rate11.17%

Value estimate

· Sep 2026
$360k
$324k – $396k
Submarket $/SF estimate$1.14M
NOI build-up
Gross scheduled income$140k
Vacancy & credit loss−$17k
Operating expenses−$37k
NOI · 143.86% cap applied$86k

Realmo valuation models over county records and 10 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 comparables10

Cap rate analysis

How does the asset earn?
143.86%
$86k 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?
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 Firm74.1
Realty agency65.6
Parking Facility48.9

Location

276 Kings Hwy Brooklyn, NY 11223
County assessor Recorded deeds · 3 transfers 10 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
169 Ave U, Brooklyn, NY 11223-3739 $1,125,000 Nov 2025 3,000 SF
1956 Coney Is, Brooklyn, NY 11223-2329 $1,700,000 Oct 2024 3,300 SF
2370 Ww, Brooklyn, NY 11223-5229 $1,600,000 May 2024 3,384 SF
212 Kings, Brooklyn, NY 11223-1240 $1,580,000 May 2024 3,540 SF
361 Ave X, Brooklyn, NY 11223-5963 $1,402,500 May 2024 2,920 SF
314 Ave U, Brooklyn, NY 11223-3922 $999,999 Apr 2024 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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