Financial
Distress signals
Property profile

70 Lorimer St Brooklyn, NY 11206

OFF-MARKET
Manufacturing properties
Property ID
US63-4070748
14,094 SF 0.43 ac lot Built 1959
Last sale Oct 2014
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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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?
$64k
Tax billed · 2024
Assessed value$660k
Assessed land$151k
Assessed improvement$509k
Effective rate9.65%

Value estimate

· Sep 2026
$640k
$576k – $704k
CAP approach$3.86M

Realmo valuation models over county records and 8 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 comparables8

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?
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 Firm120.3
Realty agency16.5
Acupuncture14.7

Location

70 Lorimer St Brooklyn, NY 11206-4808
County assessor Recorded deeds · 2 transfers 8 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
310 Johnson, Brooklyn, NY 11206-2801 $3,400,000 Dec 2025 8,225 SF
132 Bogart, Brooklyn, NY 11206 $3,571,555 Apr 2024 11,137 SF
375 Johnson, Brooklyn, NY 11206-2805 $3,571,555 Apr 2024 10,172 SF
306 Stagg, Brooklyn, NY 11206-1702 $7,100,000 Oct 2023 15,000 SF
225-227 Cook, Brooklyn, NY 11206 $7,000,000 Dec 2022 15,520 SF
342-346 10th Eyck, Brooklyn, NY 11206 $4,000,000 Apr 2020 8,600 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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