Kings County, New York · Wholesaling

Wholesaling Real Estate in Kings County, New York

Wholesaling real estate in Kings County, New York lets you profit from property deals without buying, renovating, or holding a home. You find a distressed property, sign a purchase contract with a motivated seller, and assign that contract to a cash buyer for a fee.

Assign contractsCash buyersProbate leadsPre-foreclosureAbsentee owners

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Kings County, New York areas and ZIP codes map for real estate investors
$795,000
Median listing price (down 3.6%)
5,896
Active listings in Kings County
74 days
Average time on market
$4,095
Median rent (up 1.1%)

Market data: Realtor.com Kings County housing market, October 2026. Zillow Home Value Index for Kings County: $959,075 (up 5% from a year earlier), August 2026. View homes on Zillow.

Carolynn Castillo, ForeclosuresDaily.com customer

Customer review 1 of 8Featured success story

Listed and sold 25 properties and personally bought and sold four fix-and-flip properties, all generated from probate leads.

Carolynn Castillo
Realtor & Broker · eXp Realty

Local market snapshot

Why wholesale real estate in Kings County?

Wholesaling needs little capital because you control a property with a contract and an earnest money deposit, not a mortgage. In addition, your buyer handles the repairs, so you never manage contractors, and many assignments close in weeks rather than months.

Kings County is the borough of Brooklyn, home to about 2.7 million residents as of the 2020 census, making it the most populous of New York City’s five boroughs. Its housing ranges from brownstones and row houses to small multifamily buildings, and inherited homes, tired rentals, and pre-foreclosures appear in neighborhoods across the borough.

With a population of this size, Kings County produces a steady flow of probate filings, divorces, and foreclosure notices every year. Investors who track these records and reach owners early tend to find the best off-market deals.

Kings County wholesale real estate investors finding off-market deals
Shannon Thompson, ForeclosuresDaily.com customer

Customer review 2 of 8

Shannon Thompson
Investor · Joe Homebuyer of Atlanta

Watch Shannon Thompson share their experience using ForeclosuresDaily.com.

Step-by-step

How does wholesaling real estate work in Kings County?

Every wholesale deal follows the same path, from the first lead to the assignment fee:

Find a distressed property

Initially, use targeted lead generation to find owners with a reason to sell, such as heirs, tired landlords, or owners facing foreclosure.

Run the numbers

Next, estimate the after-repair value (ARV) from nearby sales, because your offer depends on it.

Sign a purchase contract

Then agree on a price that leaves room for your buyer’s profit as well as your assignment fee.

Find a cash buyer

After that, match the deal with a flipper, landlord, or other cash buyer from your list.

Assign the contract

In addition, transfer your rights under the contract to the buyer in exchange for your fee.

Collect your fee

Finally, the title company or closing attorney usually pays your assignment fee at closing.

Andrew Litchfield, ForeclosuresDaily.com customer

Customer review 3 of 8

Andrew Litchfield
Webinar host

Andrew Litchfield hosted a ForeclosuresDaily.com monthly webinar for real estate investors.

Anthony Coletti, ForeclosuresDaily.com customer

Customer review 4 of 8

Anthony Coletti
Real estate investor

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Find a deal

How do you calculate a wholesale offer in Kings County?

Every offer starts with the ARV, which is what the home will be worth once it is fixed. For example, the 70% Rule says your buyer should pay no more than 70% of ARV minus repairs. Because your assignment fee comes out of that number, your contract price must be even lower.

For instance, here is the math using the Kings County median listing price as the ARV, an 8% repair budget, and a typical assignment fee.

Wholesale offer example

ARV$795,000
70% of ARV − repairs ($64,000)$492,500
Your assignment fee− $24,000
Your contract price$468,500
Jeremy Resmer, ForeclosuresDaily.com customer

Customer review 5 of 8

Jeremy Resmer
Webinar host

Jeremy Resmer hosted a ForeclosuresDaily.com monthly webinar for real estate investors.

Zip codes

Kings County ZIP codes to watch

Start your search in these Kings County ZIP codes, and then expand as you learn which areas your buyers want. Next, choose a ZIP code from the menu to open its investing data.

BrooklynZIP 11201$1,425,000Negotiate

Brooklyn (11201) market snapshot

$1,425,000 ▼ 8.1%Median listing price
$1,487Price per sq ft
71 days ▼ 22%Days on market
$5,150 ▲ 7.4%Median rent
319 ▼ 17.9%Active listings
4.3%Gross rent yield

In addition, the Zillow Home Value Index is $1,372,722 (up 4.3% from a year earlier) as of August 2026.

Brooklyn, coextensive with Kings County, is the most populous of the five boroughs and counties of New York City, New York. Located at the westernmost end of Long Island and formerly an independent city, Brooklyn shares a land border with the borough and county of Queens. Population: 2,736,074. ZIP 11201 covers the northwestern part of Brooklyn, about 3 miles from the center of the city.

Investor note: Has its own local government, so check its code-violation, vacant-property, and rental-registration lists. Large market: high deal volume and plenty of comps for pricing. Pull probate, pre-foreclosure, and absentee-owner leads for 11201 to find motivated sellers here.

Max offer when the ARV equals the median price$1,425,000 × 70% − $114,000 repairs = $883,500 max offer

Also see the full 11201 market report on Realtor.com →Then view 11201 homes on Zillow →

BrooklynZIP 11205$972,000Negotiate

Brooklyn (11205) market snapshot

$972,000 ▼ 7%Median listing price
$1,100Price per sq ft
66 days ▼ 8%Days on market
$4,350 ▲ 8.8%Median rent
73 ▼ 27.3%Active listings
5.4%Gross rent yield

In addition, the Zillow Home Value Index is $1,058,558 (up 4.9% from a year earlier) as of August 2026.

ZIP 11205 covers the northern part of Brooklyn, about 3 miles from the center of the city.

Investor note: Close to the city center, where older homes and rentals are common, so check rental-registration and code-violation records.

Max offer when the ARV equals the median price$972,000 × 70% − $78,000 repairs = $602,400 max offer

Also see the full 11205 market report on Realtor.com →Then view 11205 homes on Zillow →

BrooklynZIP 11209$450,000Buy & hold

Brooklyn (11209) market snapshot

$450,000 ▲ 13.3%Median listing price
$522Price per sq ft
61 days ▼ 25.4%Days on market
$2,847 ▼ 2.7%Median rent
292 ▲ 1.3%Active listings
7.6%Gross rent yield

In addition, the Zillow Home Value Index is $837,454 (up 3.1% from a year earlier) as of August 2026.

ZIP 11209 covers the southwestern part of Brooklyn, about 4 miles from the center of the city.

Investor note: Values vary across Brooklyn, so compare comps within this ZIP rather than citywide.

Max offer when the ARV equals the median price$450,000 × 70% − $36,000 repairs = $279,000 max offer

Also see the full 11209 market report on Realtor.com →Then view 11209 homes on Zillow →

BrooklynZIP 11213$687,500Wholesale

Brooklyn (11213) market snapshot

$687,500 ▲ 1.9%Median listing price
$588Price per sq ft
53 days ▼ 26.7%Days on market
$3,450 ▲ 11.3%Median rent
75 ▲ 1.5%Active listings
6.0%Gross rent yield

In addition, the Zillow Home Value Index is $1,155,010 (up 9% from a year earlier) as of August 2026.

ZIP 11213 covers the northeastern part of Brooklyn, about 2 miles from the center of the city.

Max offer when the ARV equals the median price$687,500 × 70% − $55,000 repairs = $426,250 max offer

Also see the full 11213 market report on Realtor.com →Then view 11213 homes on Zillow →

BrooklynZIP 11216$1,149,500Negotiate

Brooklyn (11216) market snapshot

$1,149,500 ▼ 17.3%Median listing price
$1,058Price per sq ft
68 days ▼ 29.1%Days on market
$3,700 ▲ 5.7%Median rent
100 ▼ 5%Active listings
3.9%Gross rent yield

In addition, the Zillow Home Value Index is $1,225,235 (up 3.6% from a year earlier) as of August 2026.

ZIP 11216 covers the northern part of Brooklyn, about 2 miles from the center of the city.

Max offer when the ARV equals the median price$1,149,500 × 70% − $92,000 repairs = $712,650 max offer

Also see the full 11216 market report on Realtor.com →Then view 11216 homes on Zillow →

BrooklynZIP 11220$649,500Flip & wholesale

Brooklyn (11220) market snapshot

$649,500Median listing price
$881Price per sq ft
98 days ▲ 13.9%Days on market
$2,925 ▼ 7.9%Median rent
194 ▼ 4.3%Active listings
5.4%Gross rent yield

In addition, the Zillow Home Value Index is $944,474 (up 4.6% from a year earlier) as of August 2026.

ZIP 11220 covers the western part of Brooklyn, about 3 miles from the center of the city.

Max offer when the ARV equals the median price$649,500 × 70% − $52,000 repairs = $402,650 max offer

Also see the full 11220 market report on Realtor.com →Then view 11220 homes on Zillow →

BrooklynZIP 11224$538,000Buy & hold

Brooklyn (11224) market snapshot

$538,000 ▲ 7.8%Median listing price
$473Price per sq ft
93 days ▲ 23.3%Days on market
$3,300 ▲ 3.3%Median rent
97 ▲ 24.1%Active listings
7.4%Gross rent yield

In addition, the Zillow Home Value Index is $560,159 (up 1.6% from a year earlier) as of August 2026.

ZIP 11224 covers the southern part of Brooklyn, about 6 miles from the center of the city.

Max offer when the ARV equals the median price$538,000 × 70% − $43,000 repairs = $333,600 max offer

Also see the full 11224 market report on Realtor.com →Then view 11224 homes on Zillow →

BrooklynZIP 11228$934,000Wholesale

Brooklyn (11228) market snapshot

$934,000 ▲ 27.7%Median listing price
$892Price per sq ft
73 days ▼ 37.5%Days on market
$2,800 ▼ 3.3%Median rent
155 ▲ 1.9%Active listings
3.6%Gross rent yield

In addition, the Zillow Home Value Index is $1,202,526 (up 4% from a year earlier) as of August 2026.

Max offer when the ARV equals the median price$934,000 × 70% − $75,000 repairs = $578,800 max offer

Also see the full 11228 market report on Realtor.com →Then view 11228 homes on Zillow →

BrooklynZIP 11232$975,000Negotiate

Brooklyn (11232) market snapshot

$975,000 ▲ 25.3%Median listing price
$1,116Price per sq ft
54 days ▲ 14.6%Days on market
$3,500 ▲ 5.9%Median rent
60 ▼ 14.6%Active listings
4.3%Gross rent yield

In addition, the Zillow Home Value Index is $829,786 (up 3.8% from a year earlier) as of August 2026.

ZIP 11232 covers the western part of Brooklyn, about 2 miles from the center of the city.

Max offer when the ARV equals the median price$975,000 × 70% − $78,000 repairs = $604,500 max offer

Also see the full 11232 market report on Realtor.com →Then view 11232 homes on Zillow →

BrooklynZIP 11236$725,000Wholesale

Brooklyn (11236) market snapshot

$725,000 ▼ 2.1%Median listing price
$543Price per sq ft
75 days ▲ 4%Days on market
$2,800 ▼ 5%Median rent
202 ▼ 11.6%Active listings
4.6%Gross rent yield

In addition, the Zillow Home Value Index is $689,900 (up 4% from a year earlier) as of August 2026.

ZIP 11236 covers the eastern part of Brooklyn, about 3 miles from the center of the city.

Max offer when the ARV equals the median price$725,000 × 70% − $58,000 repairs = $449,500 max offer

Also see the full 11236 market report on Realtor.com →Then view 11236 homes on Zillow →

Choose a ZIP code from the menu to see its investing data, then compare markets. Market data: Realtor.com, October 2026, and Zillow Home Value Index, August 2026. Also, gross rent yield is 12 months of median rent divided by the median listing price; the max offer assumes repairs of 8% of the median price.

Antonio Stringfield, ForeclosuresDaily.com customer

Customer review 6 of 8

Antonio Stringfield
Probate investor · Los Angeles

Watch Antonio Stringfield share their experience using ForeclosuresDaily.com.

Cash buyers

How do you build your buyers list in Kings County?

Build your buyers list before you sign your first contract. Your best buyers are cash buyers who can close quickly, such as flippers, landlords, and small builders.

  • First of all, attend local real estate investor meetups.
  • Also, review recent cash sales in county records to find active buyers.
  • Then connect with title companies, hard money lenders, and property managers.
  • Finally, ask every buyer for their buy box: areas, price range, and rehab level.
Contracts

What does assigning contracts mean in New York?

Assigning contracts means transferring your rights as the buyer under a purchase agreement to another investor. Your contract should allow assignment, and your buyer typically pays your assignment fee at closing.

Wholesaling is legal in most states, but the rules differ. Some states require disclosures or a real estate license for certain activities, so review your contracts with a New York real estate attorney before you start.

Nancy Wallace-Laab, ForeclosuresDaily.com customer

Customer review 7 of 8

Nancy Wallace-Laab
Investor · nearly 20 years

Nancy focuses on the best outcome for both the seller and the investor, drawing on nearly 20 years of real estate investing experience.

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Phillip Warrick, ForeclosuresDaily.com customer

Customer review 8 of 8

Phillip Warrick
Full-time investor since 2003

Full-time real estate investor since 2003, with over 20 years of experience.

More guides

More wholesaling guides in New York

Compare nearby markets before you choose where to farm. For example, these local guides cover other New York cities and counties:

Albany County · Bronx County · Dutchess County · Erie County · Monroe County · Nassau County · New York County · Onondaga County · Orange County · Queens County

Also, see Wholesaling Real Estate for Profit for the profit math and guides in every state.

FAQ

Wholesaling questions for Kings County

How do you wholesale real estate in Kings County?

First of all, find a motivated seller through probate, pre-foreclosure, or absentee-owner leads. Then sign a contract at a discount, and finally assign it to a cash buyer for a fee.

Is wholesaling legal in New York?

Wholesaling is legal in most states, but the rules vary. For example, some states require disclosures or a license for certain activities, so have a New York real estate attorney review your contracts.

How much can you make wholesaling in Kings County?

Assignment fees vary by deal. For instance, a fee of about 3% on a home priced near the Kings County median of $795,000 would be roughly $24,000.

Which Kings County ZIP codes have the lowest entry prices?

Among the ZIP codes in this guide, the lowest median listing prices are in 11209 (Brooklyn) at $450,000, 11224 (Brooklyn) at $538,000, and 11220 (Brooklyn) at $649,500, based on Realtor.com data from October 2026.

Where do Kings County foreclosures come from?

Most start with missed mortgage payments, so pre-foreclosure filings appear months before an auction. As a result, investors who reach owners early can buy before the home is listed.

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