Financial
Distress signals
Property profile

29 Wythe Ave Brooklyn, NY 11249

OFF-MARKET
Commercial real estate
Property ID
US63-2576484
21,000 SF 0.65 ac lot Built 1925
Last sale Apr 1995 · $640,000
Individually Owned Owner of record is an individual. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional office property at 29 Wythe Avenue in Brooklyn, NY, 11249 offers a unique opportunity to lease multiple, flexible office spaces. The building features a variety of suite sizes, catering to businesses of all scales. Currently, six distinct office spaces are available for lease, ranging from 24,064 square feet to 31,693 square feet. The available spaces are located on the second, third, fourth, fifth, sixth, and seventh floors. Specific floor plans include: 30,348 square feet on the second floor

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?
$75k
Tax billed · 2024
Assessed value$883k
Assessed land$883k
Effective rate8.51%

Value estimate

· Sep 2026
$795k
$716k – $875k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,471/SF
ZIP average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$589 – $2,586
Qualifying comparables10

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?
M1-2
Where the designated district is an M1-2/R5B District, the provisions of paragraph (c) of Section 25-631 (Location and width of curb cuts...
General categoryINDUSTRIAL
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply174.4
Law Firm173.1
Realty agency164.4

Location

29 Wythe Ave Brooklyn, NY 11249-1031
County assessor Recorded deeds · 10 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
204-206 Bedford, Brooklyn, NY 11249 $8,500,000 Jun 2025 5,275 SF
12 Berry, Brooklyn, NY 11249-1034 $3,664,558 Sep 2024 No data
374 Berry, Brooklyn, NY 11249-6099 $2,900,000 Sep 2023 No data
79 2nd, Brooklyn, NY 11249-5120 $1,900,000 Mar 2022 1,800 SF
184 Bedford, Brooklyn, NY 11249-3227 $145,000,000 Jan 2021 15,368 SF
105 Riv, Brooklyn, NY 11249 $150,000,000 Dec 2019 3,800 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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