Financial
Distress signals
Property profile

97 3rd St Brooklyn, NY 11249

OFF-MARKET
Retail residential properties
Property ID
US63-3634608
10,586 SF 0.06 ac lot Built 2001
Last sale Aug 2005
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. 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 exceptional retail opportunity presents two renovated spaces located at 97-99 South 3rd Street in the vibrant Williamsburg neighborhood of Kings County. Ideally situated, these spaces offer unparalleled access to the East River waterfront and the Williamsburg Bridge, ensuring high visibility and foot traffic. Each space boasts a generous layout, with options ranging from 1,855 to 2,177 square feet. The spaces are suitable for a variety of retail uses, including community facilities and

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?
$29k
Tax billed · 2024
Assessed value$1.32M
Assessed land$16k
Assessed improvement$1.30M
Effective rate2.21%

Value estimate

· Sep 2026
$2.59M
$2.33M – $2.84M

Realmo valuation models over county records and 21 qualifying comparable sales.

Recently sold

What actually traded nearby?
$1,471/SF
ZIP average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$589 – $2,586
Qualifying comparables21

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?
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 Firm79.4
Nursing Home15.8
Assisted Living Facility15.3

Location

97 3rd St Brooklyn, NY 11249-8418
County assessor Recorded deeds · 3 transfers 21 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
66 6th, Brooklyn, NY 11249-6029 $980,000 May 2025 10,165 SF
109 6th, Brooklyn, NY 11249-3001 $18,899,325 Nov 2024 8,322 SF
141 Berry, Brooklyn, NY 11249-3018 $35,000,000 Oct 2024 11,250 SF
132 Bedford, Brooklyn, NY 11249-2038 $10,500,000 Sep 2024 9,180 SF
80 6th, Brooklyn, NY 11249-3009 $24,000,000 Sep 2023 8,000 SF
334 Bedford, Brooklyn, NY 11249-5204 $3,050,000 Dec 2022 9,769 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 97 3rd St?
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