Wholesaling Real Estate in Kings County, New York
In Kings County, a wholesaler can earn from Brooklyn property without buying, gutting, or holding a single building. Also, you put a distressed house or small multifamily under contract with a motivated owner, then assign that contract to a cash investor for a fee.
Every Brooklyn foreclosure goes through the courts, so a wholesaler who reaches the owner long before a referee auction has time to build trust and sign a fair contract.
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Kings County, New York housing market at a glance
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.
What makes Brooklyn a strong wholesaling market?
A Brooklyn contract and a modest good-faith deposit give you control of a property without a bank loan. In addition, repairs, permits, and contractors stay with your end buyer, and a straightforward assignment can close within a few weeks.
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.
A borough of this size feeds a constant stream of estate cases, divorces, and foreclosure filings into the Kings County courts. In general, investors who track those cases and reach owners before anyone else usually secure the Brooklyn deals that never get listed.
How a Brooklyn wholesale deal moves from lead to fee
Each Kings County contract travels the same road from first contact to payday:
- Find a distressed property
Assemble lists of Brooklyn owners with pressure to sell, such as heirs to a brownstone, tired small landlords, and borrowers who received a 90-day pre-foreclosure notice. - Run the numbers
Calculate the after-repair value (ARV) from recent sales on the same and nearby blocks, since the whole offer rests on it. - Sign a purchase contract
Overall, settle on a purchase price that covers your assignment fee and still gives the cash buyer room to profit. - Find a cash buyer
Bring the contract to a rehabber, landlord, or other cash buyer already on your Brooklyn list. - Assign the contract
Transfer your purchase rights to that buyer through an assignment agreement, in return for your fee. - Collect your fee
So, get paid from the buyer's closing funds when the Brooklyn sale is completed.
Motivated sellers who want to liquidate fast
For this reason, ForeclosuresDaily.com’s off-market real estate platform covers every major distress signal in Kings County, cross-referenced with tax rolls and property appraiser records.
Working out a Kings County offer
Brooklyn underwriting starts with the ARV, meaning the value of the property once renovation is complete.
Brooklyn cash buyers tend to follow the 70% Rule and stop at 70% of ARV once repairs are deducted. Because your fee also comes from that figure, your contract with the owner needs to land beneath it.
Wholesale offer example
| Step | Amount |
|---|---|
| ARV | $795,000 |
| 70% of ARV − repairs ($64,000) | $492,500 |
| Your assignment fee | − $24,000 |
| Your contract price |
Brooklyn ZIP codes to put on your list
Begin with these Brooklyn ZIP codes and widen your search once you learn which blocks your buyers want. Each ZIP code below expands to show its Brooklyn numbers.
ZIP 11201 · Brooklyn · $1,425,000 · Negotiate
Market snapshot: Brooklyn (11201)
| Metric | Value |
|---|---|
| Median listing price | $1,425,000 ▼ 8.1% |
| Price per sq ft | $1,487 |
| Days on market | 71 days ▼ 22% |
| Median rent | $5,150 ▲ 7.4% |
| Active listings | 319 ▼ 17.9% |
| Gross rent yield | 4.3% |
Brooklyn's 11201 shows a Zillow Home Value Index of $1,372,722 for August 2026, up 4.3% over the previous year.
Generally, 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: 11201 carries the highest median on this page at $1,425,000, and Brooklyn's sheer size means plenty of comps. Buildings and lots fall under New York City rules, so check city violation records before you commit. A contract near the $883,500 max offer can still produce a large fee.
Max offer when the ARV equals the median price: $1,425,000 × 70% − $114,000 repairs = $883,500 max offer
ZIP 11205 · Brooklyn · $972,000 · Negotiate
Market snapshot: Brooklyn (11205)
| Metric | Value |
|---|---|
| Median listing price | $972,000 ▼ 7% |
| Price per sq ft | $1,100 |
| Days on market | 66 days ▼ 8% |
| Median rent | $4,350 ▲ 8.8% |
| Active listings | 73 ▼ 27.3% |
| Gross rent yield | 5.4% |
In 11205, the Zillow Home Value Index reached $1,058,558 as of August 2026, a 4.9% increase from a year earlier.
Also, ZIP 11205 covers the northern part of Brooklyn, about 3 miles from the center of the city.
Investor note: 11205 lies about 3 miles from the borough's center, where older buildings and rentals are common. Its Zillow value of $1,058,558 exceeds the $972,000 median, so a contract at or below the $602,400 max offer leaves a cushion.
Max offer when the ARV equals the median price: $972,000 × 70% − $78,000 repairs = $602,400 max offer
ZIP 11209 · Brooklyn · $450,000 · Buy & hold
Market snapshot: Brooklyn (11209)
| Metric | Value |
|---|---|
| Median listing price | $450,000 ▲ 13.3% |
| Price per sq ft | $522 |
| Days on market | 61 days ▼ 25.4% |
| Median rent | $2,847 ▼ 2.7% |
| Active listings | 292 ▲ 1.3% |
| Gross rent yield | 7.6% |
Brooklyn ZIP 11209 posted a Zillow Home Value Index of $837,454 in August 2026, up 3.1% in a year.
ZIP 11209 covers the southwestern part of Brooklyn, about 4 miles from the center of the city.
Investor note: The $450,000 median in 11209 is far below its $837,454 Zillow value, so check the property type behind every comp before you price a deal here.
Max offer when the ARV equals the median price: $450,000 × 70% − $36,000 repairs = $279,000 max offer
ZIP 11213 · Brooklyn · $687,500 · Wholesale
Market snapshot: Brooklyn (11213)
| Metric | Value |
|---|---|
| Median listing price | $687,500 ▲ 1.9% |
| Price per sq ft | $588 |
| Days on market | 53 days ▼ 26.7% |
| Median rent | $3,450 ▲ 11.3% |
| Active listings | 75 ▲ 1.5% |
| Gross rent yield | 6.0% |
ZIP 11213 recorded a Zillow Home Value Index of $1,155,010 for August 2026, a 9% jump that leads this page.
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
ZIP 11216 · Brooklyn · $1,149,500 · Negotiate
Market snapshot: Brooklyn (11216)
| Metric | Value |
|---|---|
| Median listing price | $1,149,500 ▼ 17.3% |
| Price per sq ft | $1,058 |
| Days on market | 68 days ▼ 29.1% |
| Median rent | $3,700 ▲ 5.7% |
| Active listings | 100 ▼ 5% |
| Gross rent yield | 3.9% |
Brooklyn's 11216 came in at a Zillow Home Value Index of $1,225,235 as of August 2026, 3.6% higher than the year before.
In addition, 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
ZIP 11220 · Brooklyn · $649,500 · Flip & wholesale
Market snapshot: Brooklyn (11220)
| Metric | Value |
|---|---|
| Median listing price | $649,500 |
| Price per sq ft | $881 |
| Days on market | 98 days ▲ 13.9% |
| Median rent | $2,925 ▼ 7.9% |
| Active listings | 194 ▼ 4.3% |
| Gross rent yield | 5.4% |
In 11220, the Zillow Home Value Index stood at $944,474 in August 2026, an annual gain of 4.6%.
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
ZIP 11224 · Brooklyn · $538,000 · Buy & hold
Market snapshot: Brooklyn (11224)
| Metric | Value |
|---|---|
| Median listing price | $538,000 ▲ 7.8% |
| Price per sq ft | $473 |
| Days on market | 93 days ▲ 23.3% |
| Median rent | $3,300 ▲ 3.3% |
| Active listings | 97 ▲ 24.1% |
| Gross rent yield | 7.4% |
ZIP 11224 logged a Zillow Home Value Index of $560,159 for August 2026, a smaller 1.6% rise over twelve months.
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
ZIP 11228 · Brooklyn · $934,000 · Wholesale
Market snapshot: Brooklyn (11228)
| Metric | Value |
|---|---|
| Median listing price | $934,000 ▲ 27.7% |
| Price per sq ft | $892 |
| Days on market | 73 days ▼ 37.5% |
| Median rent | $2,800 ▼ 3.3% |
| Active listings | 155 ▲ 1.9% |
| Gross rent yield | 3.6% |
Brooklyn's 11228 carried a Zillow Home Value Index of $1,202,526 in August 2026, up 4% from a year earlier.
Max offer when the ARV equals the median price: $934,000 × 70% − $75,000 repairs = $578,800 max offer
ZIP 11232 · Brooklyn · $975,000 · Negotiate
Market snapshot: Brooklyn (11232)
| Metric | Value |
|---|---|
| Median listing price | $975,000 ▲ 25.3% |
| Price per sq ft | $1,116 |
| Days on market | 54 days ▲ 14.6% |
| Median rent | $3,500 ▲ 5.9% |
| Active listings | 60 ▼ 14.6% |
| Gross rent yield | 4.3% |
ZIP 11232 showed a Zillow Home Value Index of $829,786 as of August 2026, a 3.8% increase over the year.
In general, 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
ZIP 11236 · Brooklyn · $725,000 · Wholesale
Market snapshot: Brooklyn (11236)
| Metric | Value |
|---|---|
| Median listing price | $725,000 ▼ 2.1% |
| Price per sq ft | $543 |
| Days on market | 75 days ▲ 4% |
| Median rent | $2,800 ▼ 5% |
| Active listings | 202 ▼ 11.6% |
| Gross rent yield | 4.6% |
In 11236, the Zillow Home Value Index was $689,900 for August 2026, matching 11228 with a 4% annual gain.
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
Gross rent yield is a year of median rent, or 12 months, divided by the median listing price; the max offers set aside 8% of the median price for repairs.
Building a Brooklyn cash buyer list
Line up buyers before you sign any Brooklyn seller. Generally, your strongest buyers close in cash and on short timelines, from flippers to landlords to small developers.
How do contract assignments work for Brooklyn wholesalers?
Also, wholesaling rules are not uniform across states, and some require disclosures or a license for certain activities. Review your contracts with a New York real estate attorney before you put your first Brooklyn property under contract.
ForeclosuresDaily off-market opportunities before your competition
Kings County at a glance
New York foreclosures always go through the state Supreme Court.
In addition, lenders must send a notice at least 90 days before filing, a court-appointed referee auctions the home after judgment, and there is no right to buy it back afterward. For Kings County wholesalers, the weeks before the sale are usually the best time to make an offer.
What changed recently: Under a 2024 state law (L.2024, ch. 55, Part BB), when a New York county or city forecloses for unpaid property taxes and sells the property, the former owner can claim the money left over after the taxes, interest and fees are paid. For homes, late claims are accepted for at least three years after the sale is confirmed.
Sources: U.S. Census Bureau QuickFacts, Kings County, New York (2020 to 2024 American Community Survey; population estimate for July 1, 2025) and state foreclosure law summary.
In fact, since 2004, ForeclosuresDaily.com has helped investors, wholesalers, flippers, and agents reach motivated sellers first.