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Financial
Distress signals
Property profile

2862 W 17Th St Brooklyn, NY 11224

FOR SALE
Other apartment buildings
Property ID
US63-0224073
4,294 SF 0.06 ac lot Built 1920
Last sale Jun 2020 · $1,230,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This 5-family apartment property consists of two separate buildings on a 20' by 119' lot. The front building is three stories with a partial basement that includes a utility room and is configured for four units, while the rear building is two stories with a finished basement and is configured for one unit. The property was built in 1920 and is zoned R6. Recent upgrades include electrical and plumbing system replacements throughout both buildings. Each unit has its own heating system and…

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?
$9k
Tax billed · 2024
Assessed value$348k
Assessed land$157k
Assessed improvement$191k
Effective rate2.46%

Value estimate

· Oct 2026
$1.18M
$1.06M – $1.30M
AI approach$1.18M
NOI build-up
Gross scheduled income$243k
Vacancy & credit loss−$5k
Operating expenses−$107k
NOI · 5.83% cap applied$131k

Realmo valuation models over county records and 41 qualifying comparable sales.

Recently sold

What actually traded nearby?
$283/SF
Submarket average, outlier-cleaned · 1780 recorded sales of this use type
Observed band · Q1–Q3$147 – $467
Qualifying comparables41

Cap rate analysis

How does the asset earn?
5.83%
$131k 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?
R6
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 Firm73.6
Realty agency69.5
Hair Salon31.8

Location

2862 W 17Th St Brooklyn, NY 11224
County assessor Recorded deeds · 9 transfers 41 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2764 15th, Brooklyn, NY 11224-2706 $700,000 Jan 2025 3,480 SF
2869 17th, Brooklyn, NY 11224-2629 $1,100,000 Oct 2023 5,280 SF
4215 Atlantic, Brooklyn, NY 11224-1074 $590,000 May 2022 4,540 SF
2815 17th, Brooklyn, NY 11224-2611 $825,000 Jan 2021 5,547 SF
2846 36th, Brooklyn, NY 11224-1531 $1,200,000 Dec 2020 4,740 SF
2828 17th, Brooklyn, NY 11224-2612 $507,000 Jan 2019 5,239 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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