Financial
Distress signals
Property profile

348 Metropolitan Ave Brooklyn, NY 11211

FOR LEASE
Auto shops
Property ID
US63-5999221
3,375 SF 0.08 ac lot Built 1927
Last sale May 2018
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 4,400 square foot single-tenant property is ideally situated at 348 Metropolitan Avenue in the vibrant Williamsburg neighborhood of Brooklyn, New York. The property is classified as both retail and industrial, offering versatile usage options for a variety of businesses. Its prime location between Havemeyer Street and Roebling Street provides excellent visibility and accessibility. The building benefits from proximity to the Bedford Avenue L train station, ensuring convenient

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?
$20k
Tax billed · 2024
Assessed value$238k
Assessed land$62k
Assessed improvement$176k
Effective rate8.59%

Value estimate

· Sep 2026
$425k
$383k – $468k
AI approach$425k
Submarket $/SF estimate$730k

Realmo valuation models over county records and 6 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 comparables6

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?
M12R6A
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 Firm76.7
Nursing Home13.8
Auto Parts Store13.4

Location

348 Metropolitan Ave Brooklyn, NY 11211
County assessor Recorded deeds · 2 transfers 6 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
182 9th, Brooklyn, NY 11211-6113 $2,205,000 Jan 2025 No data
196 3rd, Brooklyn, NY 11211-5602 $9,573,800 Jan 2025 No data
Keap, Brooklyn, NY 11211 $1,015,000 Dec 2024 No data
402 Manhattan, Brooklyn, NY 11211-1419 $4,180,000 Jan 2024 No data
333 Bedford Ave, Brooklyn, NY 11211 $3,500,000 Nov 2023 No data
31 Skillman, Brooklyn, NY 11211-2203 $4,200,000 Dec 2021 2,500 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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