Financial
Distress signals
Property profile

551 Smith St 557 Brooklyn, NY 11231

OFF-MARKET
Manufacturing properties
Property ID
US63-2989744
500 SF 0.37 ac lot Built 1901
Last sale Dec 2022 · $18,091,475
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$19k
Tax billed · 2024
Assessed value$207k
Assessed land$144k
Assessed improvement$63k
Effective rate9.36%

Value estimate

· Sep 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

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?
M3-1
This district is designed to accommodate the essential heavy industrial uses which involve more objectionable influences and hazards, and...
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 Firm34.7
Accounting Firm19.1
Nursing Home18.4

Location

551 Smith St, Unit 557 Brooklyn, NY 11231-3937
County assessor Recorded deeds · 7 transfers 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
62 Richards, Brooklyn, NY 11231 $1,200,000 Oct 2024 4,083 SF
144 Ctr, Brooklyn, NY 11231-3202 $2,300,000 Sep 2024 5,032 SF
501 Smith, Brooklyn, NY 11231 $1,757,000 Feb 2024 2,000 SF
85-87 Coffey, Brooklyn, NY 11231 $2,250,000 Aug 2023 4,400 SF
381 Hamilton, Brooklyn, NY 11231-3943 $18,091,475 Dec 2022 2,500 SF
75 Van Brunt, Brooklyn, NY 11231-1428 $5,200,000 Sep 2021 2,190 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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