Financial
Distress signals
Property profile

370 Cres St Brooklyn, NY 11208

OFF-MARKET
Other investment properties
Property ID
US63-0235472
2,000 SF 0.06 ac lot Built 1930
Last sale Feb 2026 · $899,999
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

The property is a mixed-use building on the border of Woodhaven, Queens, and Brooklyn, situated on a 25 x 100 lot (2,500 sq ft). The building footprint measures 25 x 40 (1,000 sq ft) and provides approximately 2,000 sq ft of interior space excluding the basement; the basement is used for storage and laundromat equipment. The property is zoned R5. The first floor, backyard area, and basement are configured for a laundromat, and the second floor is configured as residential space with three

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?
$5k
Tax billed · 2024
Assessed value$37k
Assessed land$9k
Assessed improvement$29k
Effective rate13.08%

Value estimate

· Sep 2026
$330k
$297k – $363k

Realmo valuation models over county records and 12 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 comparables12

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?
R5
This district is designed to permits moderate density residential neighborhoods with a mix of housing types except zero lot line buildings
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 Firm111.3
Realty agency76.5
Dental Office55.1

Location

370 Cres St Brooklyn, NY 11208-2832
County assessor Recorded deeds · 2 transfers 12 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
158 Cres, Brooklyn, NY 11208-1645 $700,000 Jan 2026 2,720 SF
1224 Liberty, Brooklyn, NY 11208-3433 $1,250,000 Dec 2025 2,000 SF
2768 Pitkin, Brooklyn, NY 11208-3239 $860,000 Oct 2024 2,320 SF
718 Lincoln, Brooklyn, NY 11208-4102 $999,999 Apr 2024 2,266 SF
487 Ridgewood, Brooklyn, NY 11208-1615 $875,000 Feb 2024 2,600 SF
383 Pne, Brooklyn, NY 11208-2808 $491,000 Feb 2024 1,798 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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