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Financial
Distress signals
Property profile

5601 1st Ave 5611 Brooklyn, NY 11220

OFF-MARKET
Manufacturing properties
Property ID
US63-6088917
39,432 SF 0.47 ac lot Built 1917
Last sale Apr 2012 · $5,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 35,000 square foot executive office space is available for lease in the vibrant Sunset Park neighborhood of Brooklyn, New York. Located at 5601 1st Avenue, this single-tenant property boasts a total building size of 39,432 square feet, situated on a 20,600 square foot lot. The property is zoned M3-1 and is ideally suited for businesses seeking a prominent presence in a thriving commercial area. The fully built-out office space is ready for immediate occupancy, eliminating the…

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?
$266k
Tax billed · 2024
Assessed value$2.94M
Assessed land$371k
Assessed improvement$2.57M
Effective rate9.04%

Value estimate

· Oct 2026
$12.04M
$10.84M – $13.24M
CAP approach$13.54M

Realmo valuation models over county records and 6 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 comparables6

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: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency88.7
Law Firm68.5
Gym & Fitness20.4

Location

5601 1st Ave, Unit 5611 Brooklyn, NY 11220-2517
County assessor Recorded deeds · 5 transfers 6 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
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