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Property profile & analytics
OFF-MARKET
Office Spaces
6402 8th Ave 305 Brooklyn, NY 11220-5564
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US63-3659469
Property summary
AI-generated overview
This exceptional 500-square-foot office space is ideally situated in Brooklyn's vibrant 8th Avenue business district. Located within a well-maintained elevator building constructed in 2012, this single-tenant unit offers a move-in ready environment. The space boasts an impressive 8-10 foot ceiling height and abundant natural light from numerous windows. This is a single-suite office within a larger building, providing a private and efficient workspace. Building amenities include a doorman, a significant convenience for both clients and staff. Property taxes and common charges are included in the lease, minimizing operational expenses for the tenant. The only utility responsibility for the tenant is electricity. The unit is in excellent condition, requiring no immediate renovations or upgrades. Its location in Kings County (Brooklyn), New York,
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Total area
778 SF
Zoning code
M1-1
APN
05821-1115
UPID
US63-3659469
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Wu & Chu CPA PLLC Accounting Firm
-
意外事故，交通意外律师楼-哥博顶级犹太律师团 布鲁克林8大道律师 Law Firm
-
Dr Huang Dental Care 锦龙牙科 Dental Office
-
Foon Ming L. Young, RPh Pharmacy
-
Royal Express UTS Group Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
305 Holding LLC · 7 yrs held
305 Holding LLC
since 2018
4 recorded transactions
Zoning & alternative use
M1-1 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Brooklyn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brooklyn submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$5,532
Tax year 2024
Assessed value
$131,520
Assessed 2024
Previous assessed
$94,635
+39.0% YoY
Effective rate
4.21%
On assessed value
Assessed land
$5,152
Assessed improvement
$126,368
Land market value
$11,448
Improvement market value
$280,817
Total market value
$292,265
Applied tax rate
4.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Heating
NONE
Buildings
1
Stories
6
Units
1
Total area
778 SF
Zoning code
M1-1
APN
05821-1115
UPID
US63-3659469
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-1 · Brooklyn, NY
Zoning M1-1 · permitted uses
M1-1 · Brooklyn, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brooklyn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Stories
6
Buildings
1
Units
1
Current owner
From public records · entity-resolved
305 Holding LLC
Entity
Mailing address
6402 8TH AVE #305, BROOKLYN, NY 11220-5564
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 4, 2018
$768,566
305 Holding LLC
6402 8th Avenue Corp
Deed
$630,000 · New Millennium Bank
Jan 9, 2012
—
6402 8th Avenue Corp
—
Grant Deed
related
$4,250,000 · East Bank
—
—
6402 8th Avenue Corp
—
Deed Of Trust
related
$290,965 · East Bank
—
—
6402 8th Avenue Corp
—
Deed Of Trust
related
$7,000,000 · Investors Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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