Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

940 Atlantic Ave Brooklyn, NY 11238

OFF-MARKET
Investment properties
Property ID
US63-3705646
2,940 SF 0.05 ac lot Built 1930
Last sale Nov 2025 · $2,250,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This 1,000-square-foot commercial space at 940 Atlantic Avenue in Brooklyn, New York, offers a prime location in the heart of Clinton Hill, a vibrant neighborhood in Downtown Brooklyn. The property is situated in Kings County, New York (zip code 11238) and is easily accessible via public transportation and major roadways. Currently configured as a single-tenant traditional office space, this turnkey property is in immaculate condition and requires no renovations, allowing for immediate…

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?
$2k
Tax billed · 2024
Assessed value$65k
Assessed land$5k
Assessed improvement$60k
Effective rate3.76%

Value estimate

· Nov 2026
$350k
$315k – $385k

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

Recently sold

What actually traded nearby?
$638/SF
ZIP average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$500 – $1,006
Qualifying comparables17

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: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm112.4
Auto Parts Store22.9
Assisted Living Facility19.1

Location

940 Atlantic Ave Brooklyn, NY 11238-3101
County assessor Recorded deeds · 5 transfers 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
942 Atlantic, Brooklyn, NY 11238-3101 $3,700,000 Feb 2026 3,150 SF
981 Fulton, Brooklyn, NY 11238-2346 $830,000 Jan 2026 3,000 SF
451 Classon, Brooklyn, NY 11238-1910 $14,212,447 Jan 2025 2,946 SF
556 Vanderbilt, Brooklyn, NY 11238-6661 $2,520,000 May 2024 3,000 SF
747 Franklin, Brooklyn, NY 11238-4868 $1,476,014 Oct 2023 3,150 SF
913 Fulton, Brooklyn, NY 11238-1752 $2,125,000 Jun 2023 2,910 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 940 Atlantic Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?
Saved