Financial
Distress signals
Property profile

685 Rockaway Pkwy Brooklyn, NY 11236

FOR SALE
Investment properties
Property ID
US63-3477134
2,508 SF 0.07 ac lot Built 1963
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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685 Rockaway Pkwy, Brooklyn, NY 11236 For Sale
$999,000 2,508 SF
685 Rockaway Pkwy, Brooklyn, NY 11236
View Listing

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?
$7k
Tax billed · 2024
Assessed value$39k
Assessed land$13k
Assessed improvement$26k
Effective rate19.21%

Value estimate

· Sep 2026
$330k
$297k – $363k
AI approach$330k
NOI build-up
Gross scheduled income$128k
Vacancy & credit loss−$2k
Operating expenses−$38k
NOI · 8.79% cap applied$88k

Realmo valuation models over county records and 17 qualifying comparable sales.

Recently sold

What actually traded nearby?
$339/SF
ZIP average, outlier-cleaned · 48 recorded sales of this use type
Observed band · Q1–Q3$257 – $421
Qualifying comparables17

Cap rate analysis

How does the asset earn?
8.79%
$88k 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?
R5
This district is designed to permits moderate density residential neighborhoods with a mix of housing types except zero lot line buildings
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 Firm131.4
Realty agency115.6
Skin Care Clinic38.7

Location

685 Rockaway Pkwy Brooklyn, NY 11236
County assessor Recorded deeds · 1 transfer 17 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
8811 Flatlands, Brooklyn, NY 11236-3611 $1,325,000 Apr 2025 2,400 SF
1018 92nd, Brooklyn, NY 11236-1721 $333,900 Apr 2025 2,666 SF
1124 Remsen, Brooklyn, NY 11236-3481 $1,050,000 Jan 2025 2,837 SF
1008 92nd, Brooklyn, NY 11236-1721 $325,000 Dec 2024 2,400 SF
9730 Flatlands, Brooklyn, NY 11236-3730 $650,000 Oct 2023 2,394 SF
1519 Rockaway, Brooklyn, NY 11236-4001 $860,000 Sep 2023 2,500 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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