Financial
Distress signals
Property profile

811 Kings Hwy Brooklyn, NY 11223

OFF-MARKET
Retail residential properties
Property ID
US63-3436260
2,550 SF 0.03 ac lot Built 1931
Last sale Aug 1997 · $90,000
Individually Owned Owner of record is an individual. 29-yr Hold Held for 29 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

This exceptional opportunity presents a newly renovated 2,000 square foot restaurant and lounge located at 811 Kings Highway in the vibrant Midwood neighborhood of Brooklyn, New York. Priced at $200,000, this turnkey operation is situated on a 1,327 square foot lot and features an inviting atmosphere perfect for events and gatherings. The space boasts an 8-10 foot ceiling height and includes all modern furniture, top-of-the-line appliances, a walk-in refrigerator, and dishware, ensuring a

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.

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?
$25k
Tax billed · 2024
Assessed value$241k
Assessed land$55k
Assessed improvement$186k
Effective rate10.48%

Value estimate

· Sep 2026
$460k
$414k – $506k

Realmo valuation models over county records and 22 qualifying comparable sales.

Recently sold

What actually traded nearby?
$496/SF
ZIP average, outlier-cleaned · 104 recorded sales of this use type
Observed band · Q1–Q3$366 – $642
Qualifying comparables22

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?
C4-2
This district comprise the City major and secondary shopping and business centers, which provide for shopping needs and services over a w...
General categoryCOMMERCIAL
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility43.9
Realty agency42.6
Hotel & Motel20.0

Location

811 Kings Hwy Brooklyn, NY 11223-2239
County assessor Recorded deeds · 5 transfers 22 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
353 Ave X, Brooklyn, NY 11223-5915 $800,000 Sep 2023 3,000 SF
151 Ave U, Brooklyn, NY 11223-3606 $1,000,000 Mar 2023 2,139 SF
251 Ave W, Brooklyn, NY 11223-5202 $2,000,000 Mar 2023 3,088 SF
708 Kings, Brooklyn, NY 11223-2238 $1,900,000 Jan 2023 2,584 SF
365 Ave U, Brooklyn, NY 11223-3937 $1,600,000 Aug 2022 2,800 SF
223 Ave U, Brooklyn, NY 11223-3826 $1,150,000 Aug 2022 2,428 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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