Financial
Distress signals
Property profile

342 Ridgewood Ave Brooklyn, NY 11208

OFF-MARKET
Other investment properties
Property ID
US63-1080299
4,095 SF 0.07 ac lot Built 1915
Last sale Aug 2026 · $1,250,000
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 1,600-square-foot corner retail space in the Cypress Hills area is configured for restaurant use. The interior includes seating for approximately 25 guests, a private office with built-in security cameras, full basement access, and a staff break room. The property features a new kitchen installation with a 16-foot hood and updated exhaust, along with refreshed interior elements such as new floors, walls, windows, a roll-up door, televisions, and lighting with multiple dimming functions.…

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?
$19k
Tax billed · 2024
Assessed value$221k
Assessed land$5k
Assessed improvement$216k
Effective rate8.68%

Value estimate

· Sep 2026
$975k
$878k – $1.07M
CAP approach$1.31M
Submarket $/SF estimate$623k

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

Recently sold

What actually traded nearby?
$283/SF
ZIP average, outlier-cleaned · 87 recorded sales of this use type
Observed band · Q1–Q3$212 – $374
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?
R4
This district is designed to provides for moderate density housing with a mix of residential building types, except for zero lot line bui...
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 Firm100.4
Realty agency66.0
Dental Office45.4

Location

342 Ridgewood Ave Brooklyn, NY 11208-1400
County assessor Recorded deeds · 7 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3043 Fulton, Brooklyn, NY 11208-1494 $1,420,000 Mar 2025 4,340 SF
2685 Pitkin, Brooklyn, NY 11208-3892 $1,300,000 Jan 2025 3,952 SF
1165 Liberty, Brooklyn, NY 11208 $1,400,000 Sep 2024 4,209 SF
352 Ridgewood, Brooklyn, NY 11208-1424 $855,000 Apr 2024 4,000 SF
3492 Atlantic, Brooklyn, NY 11208-1731 $1,275,000 Apr 2024 4,200 SF
1175 Sutter, Brooklyn, NY 11208-3800 $1,315,000 Apr 2024 3,779 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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