Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

2988 Nostrand Ave 5 Brooklyn, NY 11229

OFF-MARKET
Other investment properties
Property ID
US63-0862592
5,100 SF 0.05 ac lot Built 1925
Last sale Jun 2026 · $1,425,000
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

This mixed-use brick building is located in Brooklyn, New York and contains one ground-floor retail store and five residential units. The building has a total property size of approximately 5,100 square feet and sits on a lot listed at approximately 0 acres. Zoning is classified as 900.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$27k
Tax billed · 2024
Assessed value$217k
Assessed land$13k
Assessed improvement$204k
Effective rate12.50%

Value estimate

· Nov 2026
$1.42M
$1.28M – $1.56M
Submarket $/SF estimate$1.87M

Realmo valuation models over county records and 46 qualifying comparable sales.

Recently sold

What actually traded nearby?
$464/SF
ZIP average, outlier-cleaned · 79 recorded sales of this use type
Observed band · Q1–Q3$367 – $630
Qualifying comparables46

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?
R3-2
This district is designed to supports low density residential development, allowing various housing types except zero lot line buildings,...
General categoryRESIDENTIAL
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 agency44.8
Parking Facility33.7
Hotel & Motel18.9

Location

2988 Nostrand Ave, Unit 5 Brooklyn, NY 11229-1884
County assessor Recorded deeds · 4 transfers 46 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
1215 Ave U, Brooklyn, NY 11229-4108 $1,960,000 Feb 2026 4,100 SF
1605 Ave U, Brooklyn, NY 11229-3858 $1,480,000 Dec 2025 3,930 SF
1416 Kings, Brooklyn, NY 11229-2004 $278,000 Dec 2024 5,650 SF
1414 Ave P, Brooklyn, NY 11229-1110 $2,350,000 Oct 2024 4,300 SF
1305 Ave U, Brooklyn, NY 11229-3305 $1,687,500 Sep 2024 3,760 SF
1247 Ave U, Brooklyn, NY 11229-4101 $1,600,000 Oct 2023 3,900 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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