Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

937 51st St 943 Brooklyn, NY 11203

OFF-MARKET
Warehouses
Property ID
US63-5941081
7,200 SF 0.21 ac lot Built 1954
Last sale Jul 2020 · $585,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 22-yr Hold Held for 22 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 4,000 square foot industrial property, previously used as a church, presents a unique opportunity for a variety of businesses. Located on E 51st Street, with convenient access via Farragut Road, this single-tenant building sits on a 5,000 square foot lot and offers a 14-foot ceiling height. The property features one drive-in door, providing easy loading and unloading capabilities. A significant advantage is the 1,000 square foot driveway directly accessible to the building,…

Ownership intelligence

Who controls the opportunity?

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

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$34k
Tax billed · 2024
Assessed value$405k
Assessed land$122k
Assessed improvement$283k
Effective rate8.32%

Value estimate

· Oct 2026
$770k
$693k – $847k
AI approach$725k
Submarket $/SF estimate$636k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$501/SF
Submarket average, outlier-cleaned · 276 recorded sales of this use type
Observed band · Q1–Q3$306 – $773
Qualifying comparables11

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?
M1-1
This district is designed for a wide range of manufacturing and related uses which can conform to a high level of performance standards
General categoryINDUSTRIAL
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency293.4
Law Firm197.8
Building Supply181.2

Location

937 51st St, Unit 943 Brooklyn, NY 11203-6735
County assessor Recorded deeds · 1 transfer 11 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
5380 Kings, Brooklyn, NY 11203-6703 $1,287,812 Nov 2024 5,600 SF
1462 Schenectady, Brooklyn, NY 11203-6534 $1,770,000 Apr 2024 5,840 SF
4420-4424 Farragut, Brooklyn, NY 11203 $5,200,000 May 2023 7,484 SF
4415 Glenwood, Brooklyn, NY 11203-6527 $2,250,000 Apr 2023 7,600 SF
1005 46th, Brooklyn, NY 11203-6515 $1,100,000 Aug 2019 5,000 SF
1254 Utica, Brooklyn, NY 11203-5912 $3,166,000 Oct 2018 5,400 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 937 51st St, Unit 943?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again