Financial
Distress signals
Property profile

5901 Flatlands Ave Brooklyn, NY 11234

OFF-MARKET
Office buildings
Property ID
US63-3880869
17,075 SF 0.6 ac lot Built 2021
Last sale Apr 2001 · $122,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 23-yr Hold Held for 23 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A two-story commercial building located in Flatlands, Brooklyn at/near the intersection of Georgetown, Flatlands, and Canarsie, providing over 17,000 square feet of interior space. The building’s two-story layout offers a versatile floor plan designed to support a range of commercial uses.

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?
$149k
Tax billed · 2024
Assessed value$1.56M
Assessed land$583k
Assessed improvement$981k
Effective rate9.51%

Value estimate

· Sep 2026
$5.23M
$4.71M – $5.75M
CAP approach$6.99M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$550/SF
Submarket average, outlier-cleaned · 228 recorded sales of this use type
Observed band · Q1–Q3$362 – $913
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?
R3-2
This district is designed to supports low density residential development, allowing various housing types except zero lot line buildings,...
General categoryRESIDENTIAL
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 agency209.9
Law Firm143.4
Building Supply127.2

Location

5901 Flatlands Ave Brooklyn, NY 11234-1807
County assessor Recorded deeds · not on file 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
1688-1690 Utica, Brooklyn, NY 11234 $1,400,000 Apr 2024 4,450 SF
2152-2154 Flatbush, Brooklyn, NY 11234 $1,600,000 Mar 2024 4,000 SF
2460 Flatbush, Brooklyn, NY 11234-5013 $3,300,000 Apr 2023 8,000 SF
2125 Utica, Brooklyn, NY 11234-3827 $1,400,000 Oct 2022 8,185 SF
2350-2352 Ralph, Brooklyn, NY 11234 $2,530,000 May 2022 3,304 SF
2040 Utica, Brooklyn, NY 11234-3216 $1,150,000 Nov 2019 3,844 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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