Financial
Distress signals
Property profile

297 Norman Ave Brooklyn, NY 11222

OFF-MARKET
Auto shops
Property ID
US63-4126416
10,720 SF 2.19 ac lot Built 1968
Last sale Jan 2011 · $6,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 15-yr Hold Held for 15 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$208k
Tax billed · 2024
Assessed value$2.23M
Assessed land$337k
Assessed improvement$1.89M
Effective rate9.34%

Value estimate

· Sep 2026
$1.78M
$1.60M – $1.96M

Realmo valuation models over county records and 3 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 comparables3

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?
M3-1
This district is designed to accommodate the essential heavy industrial uses which involve more objectionable influences and hazards, and...
General categoryINDUSTRIAL
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency90.7
Law Firm68.2
Auto Parts Store53.3

Location

297 Norman Ave Brooklyn, NY 11222-3734
County assessor Recorded deeds · 1 transfer 3 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
1200 Manhattan, Brooklyn, NY 11222 $200,000 Nov 2024 3,725 SF
81 Clay, Brooklyn, NY 11222-1103 $2,700,000 Sep 2024 2,500 SF
249 Kent, Brooklyn, NY 11222-1807 $1,825,000 Sep 2023 1,650 SF
19 Division, Brooklyn, NY 11222-5610 $1,335,000 May 2022 1,890 SF
212 Russell, Brooklyn, NY 11222-3005 $3,378,700 Feb 2020 4,500 SF
302 Mcguinness, Brooklyn, NY 11222-1821 $1,311,486 Jan 2019 7,500 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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