Financial
Distress signals
Property profile

985 Nostrand Ave Brooklyn, NY 11225

OFF-MARKET
Retail residential properties
Property ID
US63-3405401
24,300 SF 0.21 ac lot Built 1908
Last sale Feb 2024
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$105k
Tax billed · 2024
Assessed value$867k
Assessed land$81k
Assessed improvement$786k
Effective rate12.09%

Value estimate

· Sep 2026
$870k
$783k – $957k
Submarket $/SF estimate$7.44M

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$421/SF
ZIP average, outlier-cleaned · 65 recorded sales of this use type
Observed band · Q1–Q3$216 – $575
Qualifying comparables20

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?
R7-1
C1 or C2 mapped in R7-1 3.5 1.0 (b) For buildings containing residential and community facility uses , where such buildings have a ratio ...
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 Firm153.6
Realty agency90.1
Parking Facility43.0

Location

985 Nostrand Ave Brooklyn, NY 11225-2977
County assessor Recorded deeds · 9 transfers 20 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
295 Maple, Brooklyn, NY 11225-5156 $4,800,000 May 2023 43,662 SF
1016 Un, Brooklyn, NY 11225-1158 $3,250,000 Mar 2023 26,278 SF
951 Carroll, Brooklyn, NY 11225-1963 $400,000 Mar 2023 30,642 SF
236 Montgomery, Brooklyn, NY 11225-2743 $4,000,000 Sep 2022 20,880 SF
215 Sterling, Brooklyn, NY 11225-3462 $6,100,000 Dec 2020 34,370 SF
537 Brooklyn, Brooklyn, NY 11225-5215 $1,100,000 Apr 2019 14,961 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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