Realmo Analytics

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Property profile

451 Rockaway Ave Brooklyn, NY 11212

OFF-MARKET
Retail space
Property ID
US63-3372724
2,500 SF 0.06 ac lot Built 1996
Last sale Jan 2001 · $269,000
Individually Owned Owner of record is an individual. 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 2,200 square-foot first-floor commercial unit within a newly constructed mixed-use building in Brooklyn, consisting of one of four commercial spaces and a total of 23 residential units. The unit features a versatile interior layout with capacity for up to 75 people and is configured to support a range of uses such as retail, office, fitness-related uses, and event-based activities. As part of the mixed-use structure, it is positioned for public-facing commercial operation on the ground level.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$14k
Tax billed · 2024
Assessed value$147k
Assessed land$45k
Assessed improvement$102k
Effective rate9.59%

Value estimate

· Nov 2026
$1.04M
$932k – $1.14M

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$770/SF
Submarket average, outlier-cleaned · 291 recorded sales of this use type
Observed band · Q1–Q3$457 – $1,224
Qualifying comparables14

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?
C4-3
This district comprise the City major and secondary shopping and business centers, which provide for shopping needs and services over a w...
General categoryCOMMERCIAL
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 Firm144.3
Realty agency139.6
Dental Office75.4

Location

451 Rockaway Ave Brooklyn, NY 11212-5637
County assessor Recorded deeds · 7 transfers 14 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
150 Osborn, Brooklyn, NY 11212 $6,235,000 Jul 2025 2,500 SF
61 Belmont, Brooklyn, NY 11212 $950,000 May 2025 2,500 SF
84 Belmont, Brooklyn, NY 11212-6719 $1,300,000 Aug 2024 2,500 SF
82 Belmont, Brooklyn, NY 11212 $1,300,000 Aug 2024 2,500 SF
1712 Pitkin, Brooklyn, NY 11212-6602 $850,000 Jul 2023 2,500 SF
32 Belmont, Brooklyn, NY 11212-6404 $375,000 May 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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