Financial
Distress signals
Property profile

421 Troutman St Brooklyn, NY 11237

OFF-MARKET
Manufacturing properties
Property ID
US63-5211394
9,988 SF 0.23 ac lot Built 1931
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 10,000-square-foot retail space with 100 feet of street frontage and approximately 16-foot ceiling height. The interior includes large windows and 14 skylights to provide natural light, with windows facing Troutman Street. The main column span is 50 feet without columns. The space has two roll-up gates and a glass entry doorway, along with restroom facilities. It is housed in a brick building and is equipped with 600 amps of 3-phase electrical service.

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?
$52k
Tax billed · 2024
Assessed value$597k
Assessed land$90k
Assessed improvement$507k
Effective rate8.78%

Value estimate

· Sep 2026
$735k
$662k – $809k
CAP approach$2.74M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$568/SF
Submarket average, outlier-cleaned · 170 recorded sales of this use type
Observed band · Q1–Q3$327 – $821
Qualifying comparables5

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?
M1-1
This district is designed for a wide range of manufacturing and related uses which can conform to a high level of performance standards
General categoryINDUSTRIAL
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 Firm81.4
Realty agency41.6
Parking Facility24.8

Location

421 Troutman St Brooklyn, NY 11237-2601
County assessor Recorded deeds · not on file 5 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
400 Jefferson, Brooklyn, NY 11237-2312 $2,800,000 Feb 2026 7,500 SF
330 Melrose, Brooklyn, NY 11237-1937 $5,500,000 May 2024 13,500 SF
45-49 Morgan, Brooklyn, NY 11237 $3,250,000 Apr 2024 10,000 SF
1288 Willoughby, Brooklyn, NY 11237-2905 $6,750,000 Mar 2024 8,300 SF
190 Morgan, Brooklyn, NY 11237-1014 $4,450,000 Oct 2021 9,628 SF
501 Scholes, Brooklyn, NY 11237-1022 $4,316,500 Aug 2019 8,844 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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