Realmo Analytics

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

Property profile

31 Spencer St 2 Brooklyn, NY 11205

OFF-MARKET
Office Spaces
Property ID
US63-0810464
21,764 SF Built 2020
Last sale Mar 2024 · $12,958,781
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

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?
$190k
Tax billed · 2024
Assessed value$1.82M
Assessed land$117k
Assessed improvement$1.70M
Effective rate10.42%

Value estimate

· Nov 2026
$12.96M
$11.66M – $14.26M
AI approach$12.96M
CAP approach$12.16M
Submarket $/SF estimate$17.97M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$679/SF
ZIP average, outlier-cleaned · 79 recorded sales of this use type
Observed band · Q1–Q3$353 – $945
Qualifying comparables7

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm124.7
Realty agency23.4
Parking Facility17.6

Location

31 Spencer St, Unit 2 Brooklyn, NY 11205-5289
County assessor Recorded deeds · not on file 7 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
470-472 Flushing, Brooklyn, NY 11205 $10,700,000 Dec 2022 22,695 SF
16 Spencer, Brooklyn, NY 11205-1605 $1,200,000 Dec 2021 10,938 SF
801 Bedford, Brooklyn, NY 11205-1979 $4,529,250 Nov 2021 13,976 SF
431 Willoughby, Brooklyn, NY 11205-4764 $2,150,000 Nov 2021 5,710 SF
210 Flushing, Brooklyn, NY 11205-1205 $700,000 Oct 2021 9,600 SF
99 Walworth, Brooklyn, NY 11205-2807 $4,000,000 Apr 2021 11,460 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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