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Financial
Distress signals
Property profile

71 Montrose Ave Brooklyn, NY 11206

FOR SALE
Other warehouses
Property ID
US63-3744010
7,000 SF 0.06 ac lot Built 1920
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A four-story industrial building dating to at least the 1920s, containing approximately 8,200 square feet. The site is about 25 feet wide and includes a 13-foot roll-up gate, parking for two trucks, ceiling heights of roughly 12 to 14 feet, a double-wide truck parking/loading dock, and a stainless steel freight elevator. The property has industrial use status that is grandfathered, while the current zoning permits conversion to residential and also allows mixed-use and industrial commercial…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$32k
Tax billed · 2024
Assessed value$397k
Assessed land$45k
Assessed improvement$352k
Effective rate7.98%

Value estimate

· Oct 2026
$430k
$387k – $473k
NOI build-up
Gross scheduled income$541k
Vacancy & credit loss−$65k
Operating expenses−$179k
NOI · 5.41% cap applied$298k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$371/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$301 – $500
Qualifying comparables16

Cap rate analysis

How does the asset earn?
5.41%
$298k 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?
R6
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 Firm114.8
Nursing Home12.7
Assisted Living Facility12.6

Location

71 Montrose Ave Brooklyn, NY 11206
County assessor Recorded deeds · not on file 16 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
185 Moore, Brooklyn, NY 11206-3707 $4,650,000 Dec 2024 8,000 SF
377 Johnson, Brooklyn, NY 11206-2805 $3,571,555 Apr 2024 7,700 SF
291 Wallabout, Brooklyn, NY 11206-4325 $6,700,000 Mar 2024 5,000 SF
17 Ingraham, Brooklyn, NY 11206-3506 $2,300,000 Jan 2024 6,510 SF
246 Seigel, Brooklyn, NY 11206-3779 $6,100,000 Aug 2023 10,000 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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