Financial
Distress signals
Property profile

408 Rogers Ave Brooklyn, NY 11225

FOR SALE
Other investment properties
Property ID
US63-4204789
4,000 SF 0.04 ac lot Built 1899
Last sale Mar 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This mixed-use property includes commercial space configured as a restaurant, lounge, and music venue, along with two identical residential units located above the retail area in Prospect Lefferts Gardens. The residential portion consists of two-bedroom, one-bathroom apartments with bright, floor-through layouts, including separate dining and living areas and multiple upgrades such as new flooring, appliances, lighting, split-system heating and cooling, and radiators; one unit also includes a

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?
$9k
Tax billed · 2024
Assessed value$153k
Assessed land$22k
Assessed improvement$131k
Effective rate6.06%

Value estimate

· Sep 2026
$360k
$324k – $396k
Sales comparison$1.31M
NOI build-up
Gross scheduled income$126k
Vacancy & credit loss−$10k
Operating expenses−$29k
NOI · 4.70% cap applied$87k

Realmo valuation models over county records and 40 qualifying comparable sales.

Recently sold

What actually traded nearby?
$421/SF
ZIP average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$216 – $575
Qualifying comparables40

Cap rate analysis

How does the asset earn?
4.70%
$87k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

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 Firm162.7
Realty agency101.3
Parking Facility44.0

Location

408 Rogers Ave Brooklyn, NY 11225
County assessor Recorded deeds · 4 transfers 40 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
426 Rogers, Brooklyn, NY 11225-3428 $1,785,000 Jul 2025 4,000 SF
604th Flatbush, Brooklyn, NY 11225-5063 $2,710,968 Apr 2025 4,055 SF
604 Flatbush, Brooklyn, NY 11225-4901 $2,710,968 Apr 2025 4,087 SF
406 Rogers, Brooklyn, NY 11225-3589 $1,950,000 Jan 2025 3,745 SF
568 Rogers, Brooklyn, NY 11225-5953 $1,200,000 Sep 2024 4,028 SF
1201 Nostrand, Brooklyn, NY 11225-5911 $541,875 Feb 2023 4,200 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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