Flatiron Real Estate
How we got $500K
Based on its 1 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Likely to sell
- In business 28 years (since 1998)
- Founder still runs it after 28 years
From public records and the company's website, not a statement that it's for sale.
What they do
Flat Iron Real Estate is a New York City real estate brokerage offering buying, selling and renting services, described as a respected leader in the NYC market for over 35 years.
From the company's website. Industry: Offices of Real Estate Agents and Brokers.
Estimated value over time
▲ 40% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| FLATIRON REAL ESTATE this business | $782K | — |
| Appraisal Company Tulsa | $959K | 0.1 mi |
| Metro Title Inc Tulsa | $959K | 0.4 mi |
| Ashley Wozniak Real Estate Tulsa | $959K | 0.4 mi |
| Coldwell Banker Select - Midtown Tulsa | $959K | 0.4 mi |
| Lexie Johnson, Realtor - Coldwell Banker Select Tulsa | $959K | 0.4 mi |
| Irina Yungus-Coldwell Banker Select Tulsa | $959K | 0.4 mi |
The full calculation
| Employees reported to the SBA | 1 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $468K |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $1.0M |
| Estimate: the two combined (geometric mean) | $782K |
| EBITDA margin (industry, adjusted for size) | 32% |
| EBITDA = revenue × margin | $250K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $500K |
| Multiple for this size and industry | 2× |
| Value range | $263K – $684K |
| Revenue range | $515K – $892K |
| EBITDA range | $164K – $285K |
| Industry (NAICS) | Offices of Real Estate Agents and Brokers (531210) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- BankingWeStreet Federal Credit UnionPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| WeStreet Federal Credit Union PPP 2020 | All 31 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/15/2020 | first | $18K | 1 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Flatiron Real Estate
Flatiron Real Estate is an offices of real estate agents and brokers company in Tulsa, Oklahoma, in business since 1998. It is owned by Suzanne Stern (Founder). Its estimated annual revenue is about $782K, with roughly $250K of EBITDA. It has about 1 employees. Its estimated business value is $500K (likely range $263K–$684K).
Common questions
- Who owns Flatiron Real Estate?
- Flatiron Real Estate is owned by Suzanne Stern (Founder), according to public sources such as the company's website or filings.
- How much revenue does Flatiron Real Estate make?
- SeeBITDA estimates Flatiron Real Estate's annual revenue at about $782K (likely between $515K and $892K), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Flatiron Real Estate worth?
- About $500K, roughly 2× its estimated EBITDA of $250K, typical for a offices of real estate agents and brokers company its size. Likely range: $263K–$684K.
- How many employees does Flatiron Real Estate have?
- About 1, as reported on its PPP loan.
- When was Flatiron Real Estate founded?
- Flatiron Real Estate has been in business since 1998.
- Is Flatiron Real Estate for sale?
- There's no public listing, but it shows signs that often come before a sale: in business 28 years (since 1998); founder still runs it after 28 years.