Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

571 Ocean Pkwy Brooklyn, NY 11218

FOR LEASE
Retail residential properties
Property ID
US63-4258807
24,510 SF 0.13 ac lot Built 2021
Last sale May 2020 · $3,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years.
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Market Trends Soon

Property summary

AI-generated overview

A 2023-built, 30-unit mixed-use multifamily/commercial building located in Kensington between Church Avenue and Foster Avenue, near Prospect Park Lake. The property comprises 24,510 square feet and includes one medical office along with a total of 18 parking spaces. Architectural and building systems features include high 10-foot ceilings, an elevator, motion-sensor lighting, sprinkler fire protection, all new LED lighting, 3-phase electrical power, and central air conditioning. It is…

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?
$8k
Tax billed · 2024
Assessed value$1.94M
Assessed land$239k
Assessed improvement$1.70M
Effective rate0.39%

Value estimate

· Nov 2026
$505k
$455k – $556k
NOI build-up
Gross scheduled income$58k
Vacancy & credit loss−$7k
Operating expenses−$15k
NOI · 934.18% cap applied$36k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$455/SF
ZIP average, outlier-cleaned · 66 recorded sales of this use type
Observed band · Q1–Q3$332 – $562
Qualifying comparables15

Cap rate analysis

How does the asset earn?
934.18%
$36k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R7A
This district is designed to supports medium to high density housing, particularly in areas well served by public transportation and comm...
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 Firm105.7
Realty agency98.0
Parking Facility54.1

Location

571 Ocean Pkwy Brooklyn, NY 11218
County assessor Recorded deeds · 13 transfers 15 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4034 18th, Brooklyn, NY 11218-5708 $4,100,000 Jun 2025 7,496 SF
265 Ocean, Brooklyn, NY 11218-4104 $2,300,000 Nov 2024 26,321 SF
3823 13th, Brooklyn, NY 11218-3600 $1,300,000 Sep 2022 4,800 SF
432 9th, Brooklyn, NY 11218-5210 $2,955,000 Mar 2022 24,633 SF
424 9th, Brooklyn, NY 11218-5210 $1,600,000 Dec 2021 12,262 SF
4013-4015 13th, Brooklyn, NY 11218 $5,425,000 Jan 2021 18,600 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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