Navigating Kings County Surrogate Court
A Professional Roadmap to Brooklyn Probate & Asset Liquidation (2026 Edition).
Mendy Lipsker
Broker of Record
Me***@*********ty.com
The Fiduciary Responsibility at 2 Johnson Street
When a loved one passes away owning real estate in Brooklyn, the path to legal authority begins at the Kings County Surrogate Court. In the current 2025-2026 market, fiduciaries face unprecedented administrative backlogs. At Mendy Realty, we specialize in bridging the gap between legal filing and asset disposition.
The "Letters" Barrier
Whether you require Letters Testamentary or Letters of Administration, the process is rarely instantaneous. Systemic backlogs mean obtaining these documents can take up to one year. During this time, property taxes and maintenance costs continue to accrue.
Asset Preservation Strategy
A vacant Brooklyn property is an at-risk asset. From HPD violations to water damage, the estate's value can erode quickly. We provide immediate security, property management, and Date of Death appraisals to satisfy court requirements.
2026 Probate Market Intelligence
Fiduciaries who act within the first 30 days realize significantly higher net proceeds for heirs:
- Early Valuation: Locked-in Date of Death appraisals prevent IRS disputes.
- Violation Clearance: Clearing DOB/HPD liens before listing adds 12% to final sale price.
- Market Velocity: Commercial assets on corridors like Bedford Ave currently trade at a 15% premium.
