Entity Owned
$3,499,000
6326 New Utrecht Ave, Brooklyn, NY 11219
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Property summary
AI-generated overview
This exceptional 2,205 square foot commercial land parcel, located at 6326 New Utrecht Avenue in Brooklyn, New York (zip code 11214), presents a compelling investment opportunity for developers, end-users, and investors alike. The property boasts a completely renovated, solid brick corner building, completed in 2022. The building currently features six commercial office spaces, strategically positioned for high visibility and accessibility. One retail space will be vacant upon closing, offering immediate potential for lease or redevelopment. The property's prime location is a significant advantage, situated just one block from the D and N subway lines, ensuring convenient public transportation access. Its proximity to a house of worship further enhances its appeal. The high-traffic location, directly off 65th Street, a major intersection, guarantees substantial foot traffic and visibility. Individual utility meters and separate hot water tanks for each unit provide efficient management and cost control. This turnkey property offers a rare blend of immediate income potential and significant long-term growth prospects in a thriving Brooklyn neighborhood. The asking price is $3,499,000.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1920
Total area
5,250 SF
Lot
0.05 ac (2,205 SF)
Zoning code
M1-1
APN
05741-0027
UPID
US63-0049139
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Home Appliance Store Hardware & Home Improvement
-
Grocery & Convenience Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.02M
CAP Approach
CAP
$1.89M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.06M
Owner & transaction history
since 2022
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
M1-1 · Brooklyn, NY
Top alternative use upside
Industrial (general)
$3.0M
+16.4%
Office building
$2.9M
+12.9%
Warehouse, storage
$2.6M
+2.8%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 16 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.06M
Value range
$1.85M – $2.26M
±10% around blend
Estimated value / SF
$391 / SF
Confidence
High
16 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
$1.85M
blend $2.06M
$2.26M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,250 SF
Lot area
0.05 ac
Year built
1920
Stories
3
APN
05741-0027
Zoning
M1-1
Assessed value
$427,680
Annual tax
$21,266
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.89M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$2.05M
@ 6.5% CAP return
$1.89M
@ 7% CAP return
$1.75M
4
Sales comparison
Partial preview
Sales approach indication
$2.36M
Weighted, 16 comps · high confidence
Evidence
16 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
0.5 mi away · 4,320 SF
0.8 mi away · 5,580 SF
1.2 mi away · 4,160 SF
1.2 mi away · 4,800 SF
1.6 mi away · 3,947 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.06M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 132 sales
$488
-20%
Submarket 3044 sales
$491
-20%
County 3044 sales
$491
-20%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $391/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Industrial (general)
Gross theoretical uplift
+16%
vs current-use indication
Office Building
Warehouse, Storage
Commercial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 16 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
5.90%
Implied, in-place cap rate for this investment properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.90%
9.0%
NOI (est.)
$133k *
Last sale · May 2022
$1.90M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.25M
Move the market yield to see immediate price impact.
Value / SF
$429
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.40%5.90%6.40%
$120k
$2.22M
$2.03M
$1.87M
$133k
$2.46M
$2.25M
$2.08M
$146k
$2.71M
$2.48M
$2.29M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
16 found
High confidence · county-verified
Closest comparable
$1.45M
0.4 mi · Feb 2026 · $324/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$21,266
Tax year 2024
Assessed value
$427,680
Assessed 2024
Previous assessed
$356,400
+20.0% YoY
Effective rate
4.97%
On assessed value
Assessed land
$132,750
Assessed improvement
$294,930
Land market value
$295,000
Improvement market value
$655,400
Total market value
$950,400
Applied tax rate
2.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1920
Heating
NONE
Buildings
1
Stories
3
Units
5
Total area
5,250 SF
Lot
0.05 ac (2,205 SF)
Zoning code
M1-1
APN
05741-0027
UPID
US63-0049139
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-1 · Brooklyn, NYZoning M1-1 · permitted uses
M1-1 · Brooklyn, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1920
Heating
NONE
Stories
3
Buildings
1
Units
5
Lot
0.05 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
M1-1
Jurisdiction
Brooklyn, NY
Recorded code
M1-1
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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