Financial
Distress signals
Property profile

345 Butler St Brooklyn, NY 11217

OFF-MARKET
Warehouses
Property ID
US63-2894425
54,040 SF 0.86 ac lot Built 1954
Last sale May 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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?
$221k
Tax billed · 2024
Assessed value$2.59M
Assessed land$266k
Assessed improvement$2.33M
Effective rate8.54%

Value estimate

· Sep 2026
$11.34M
$10.20M – $12.47M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$501/SF
Submarket average, outlier-cleaned · 276 recorded sales of this use type
Observed band · Q1–Q3$306 – $773
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?
M14R6A
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store17.8
Assisted Living Facility17.2
Nursing Home14.8

Location

345 Butler St Brooklyn, NY 11217
County assessor Recorded deeds · 6 transfers 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
522 Bergen, Brooklyn, NY 11217-2407 $203,650 Feb 2026 3,700 SF
219 Bond St, Brooklyn, NY 11217-2902 $1,175,000 Jan 2026 N/A
605 Degraw, Brooklyn, NY 11217-3120 $1,800,000 May 2024 4,900 SF
268 Bergen, Brooklyn, NY 11217-2307 $39,715,000 Apr 2024 49,293 SF
355-359 Butler, Brooklyn, NY 11217 $2,650,000 Jul 2023 5,857 SF
320-324 Dean, Brooklyn, NY 11217 $3,550,000 Mar 2022 8,144 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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