Financial
Distress signals
Property profile

4516 3rd Ave Brooklyn, NY 11220

OFF-MARKET
Manufacturing properties
Property ID
US63-1169794
7,000 SF 0.09 ac lot Built 1989
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 6,000-square-foot warehouse property at 4516 3rd Ave in Brooklyn, NY, presents a unique opportunity for businesses seeking flexible industrial space. Located in Kings County, zip code 11220, this M1-2D zoned property offers multiple tenancy options, with a minimum divisible space of 2,000 square feet and a maximum contiguous space of 4,000 square feet. Currently, the entire 6,000 square feet is vacant, providing immediate occupancy for a single tenant or the ability to divide

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?
$22k
Tax billed · 2024
Assessed value$221k
Assessed land$72k
Assessed improvement$149k
Effective rate9.95%

Value estimate

· Sep 2026
$435k
$392k – $479k

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?
M12D
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 Firm76.4
Realty agency72.8
Parking Facility23.5

Location

4516 3rd Ave Brooklyn, NY 11220
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
139 58th, Brooklyn, NY 11220-2515 $5,800,000 Jun 2024 14,698 SF
244-246 53rd, Brooklyn, NY 11220 $1,700,000 Feb 2023 3,000 SF
5557 9th, Brooklyn, NY 11220 $4,894,375 Oct 2022 5,000 SF
265 45th, Brooklyn, NY 11220-1005 $1,388,000 Apr 2022 2,200 SF
241 48th, Brooklyn, NY 11220-1011 $4,100,000 Dec 2021 7,712 SF
250 46th, Brooklyn, NY 11220-1008 $5,550,000 Jan 2020 4,900 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4516 3rd Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message