Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,025,000
Investment properties
1313 Kings Hwy 1325 Brooklyn, NY 11229-1903
Entity Owned
27-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-2033561
Property summary
AI-generated overview
This exceptional 3,600-square-foot retail space is ideally situated at 1313 Kings Highway in Brooklyn, New York, between East 13th and East 14th Streets. Boasting a prominent 30-foot frontage on Kings Highway, this single-tenant property benefits from high visibility and significant foot traffic. The space features high ceilings and heavy power, making it suitable for a wide range of retail uses. Its C4-4A zoning allows for diverse business applications. The location offers excellent branding opportunities, capitalizing on the high volume of passersby. Furthermore, its proximity to the B and Q subway lines ensures easy accessibility for customers and employees. A 3-D virtual tour is available for a comprehensive view of the property's layout and features. This is a rare opportunity to secure a prime retail location in a thriving Brooklyn neighborhood. The zip code is 11229.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1949
Total area
14,500 SF
Lot
0.3 ac (12,932 SF)
Zoning code
C44A
APN
06776-0035
UPID
US63-2033561
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.03M
Owner & transaction history
1315 KINGS REALTY LLC
1315 KINGS REALTY LLC
Zoning & alternative use
C44A · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$8.2M
+22.3%
Office building
$8.0M
+18.6%
Warehouse, storage
$7.3M
+8.0%
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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$6,730,000
Current use
INDUSTRIAL (GENERAL)
$8,230,000
Change: +22% · Conversion: Moderate
OFFICE BUILDING
$7,980,000
Change: +19% · Conversion: Easy
WAREHOUSE, STORAGE
$7,265,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$5.03M
Range $4.52M – $5.53M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$347 / SF
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
$397,041
Tax year 2024
Assessed value
$4,082,850
Assessed 2024
Previous assessed
$3,975,300
+2.7% YoY
Effective rate
9.72%
On assessed value
Assessed land
$508,500
Assessed improvement
$3,574,350
Land market value
$1,130,000
Improvement market value
$7,943,000
Total market value
$9,073,000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1949
Heating
NONE
Buildings
1
Stories
2
Units
3
Total area
14,500 SF
Lot
0.3 ac (12,932 SF)
Zoning code
C44A
APN
06776-0035
UPID
US63-2033561
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C44A · Brooklyn, NY
Zoning C44A · permitted uses
C44A · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$6.7M
INDUSTRIAL (GENERAL)
Est. value
$8.2M
OFFICE BUILDING
Est. value
$8.0M
WAREHOUSE, STORAGE
Est. value
$7.3M
COMMERCIAL (GENERAL) Current
INDUSTRIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1949
Heating
NONE
Stories
2
Buildings
1
Units
3
Lot
0.3 ac
Current owner
From public records · entity-resolved
1315 KINGS REALTY LLC
Entity
Free & Clear · 0 yrs held
Mailing address
178 COLUMBUS AVE UNIT #230940, NEW YORK, NY 10023-9637
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1313 Kings Hwy, Unit 1325?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
