Financial
Distress signals
Property profile

656 Nostrand Ave Brooklyn, NY 11216

OFF-MARKET
Retail residential properties
Property ID
US63-0849142
4,970 SF 0.08 ac lot Built 1910
Last sale May 2022 · $3,460,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$54k
Tax billed · 2024
Assessed value$563k
Assessed land$56k
Assessed improvement$507k
Effective rate9.62%

Value estimate

· Sep 2026
$3.62M
$3.26M – $3.98M
AI approach$3.59M
CAP approach$2.78M
Sales comparison$3.00M

Realmo valuation models over county records and 32 qualifying comparable sales.

Recently sold

What actually traded nearby?
$444/SF
ZIP average, outlier-cleaned · 72 recorded sales of this use type
Observed band · Q1–Q3$355 – $604
Qualifying comparables32

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?
R6A
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 Firm168.2
Dental Office64.1
Realty agency32.8

Location

656 Nostrand Ave Brooklyn, NY 11216-5640
County assessor Recorded deeds · 5 transfers 32 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1190 Bedford, Brooklyn, NY 11216-4878 $2,450,000 Jul 2024 5,708 SF
1236 Bedford, Brooklyn, NY 11216-6768 $1,980,000 Apr 2024 5,029 SF
689 Saint Marks, Brooklyn, NY 11216-5647 $2,600,000 Dec 2023 4,760 SF
1547 Fulton, Brooklyn, NY 11216-5380 $2,700,000 Sep 2020 6,000 SF
1512 Fulton, Brooklyn, NY 11216-2514 $4,400,000 Jun 2020 4,344 SF
115 Rogers, Brooklyn, NY 11216-3913 $2,140,000 Feb 2020 5,244 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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