Financial
Distress signals
Property profile

550 5th Avecom Brooklyn, NY 11215

OFF-MARKET
Retail space
Property ID
US63-3846940
36,509 SF
Last sale Sep 2003 · $3,675,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

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?
$311k
Tax billed · 2024
Assessed value$3.28M
Assessed land$113k
Assessed improvement$3.17M
Effective rate9.48%

Value estimate

· Sep 2026
$13.33M
$11.99M – $14.66M

Realmo valuation models over county records.

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

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?
R6B
This district focuses on medium density housing in areas with higher accessibility to transportation and community services, allowing for...
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 Firm49.8
Accounting Firm19.1
Nursing Home15.3

Location

550 5th Avecom Brooklyn, NY 11215-7373
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file 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
712 5th, Brooklyn, NY 11215-6508 $1,900,000 Feb 2026 2,500 SF
369 7th Stcom, Brooklyn, NY 11215-4558 $6,625,000 Jan 2025 3,029 SF
190-192 Prospect W, Brooklyn, NY 11215 $7,000,000 Mar 2024 4,200 SF
514 Un, Brooklyn, NY 11215-1021 $75,969,072 May 2023 17,201 SF
16-20 Whitwell, Brooklyn, NY 11215 $2,700,000 Aug 2022 3,600 SF
501 5th Avec1, Brooklyn, NY 11215-4818 $5,200,000 Mar 2022 3,236 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 550 5th Avecom?
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