Property profile

88-90 Schermerhorn St Brooklyn, NY 11201

OFF-MARKET
Commercial real estate
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Property ID
US63-5578595
10,570 SF 0.08 ac Built 1920
Last sale Oct 2014·$11,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 12-yr Hold Held for 12 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$16k
Tax billed · 2024
Assessed value$304k
Assessed land$304k
Effective rate5.16%

Value estimate

· Nov 2026
$11.64M
$10.47M – $12.80M
AI approach$9.58M
CAP approach$5.91M
Submarket $/SF estimate$5.97M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$969/SF
ZIP average, outlier-cleaned · 79 recorded sales of this use type
Observed band · Q1–Q3$565 – $1,552
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C5-4
This district is designed to provide for office buildings and the great variety of large retail stores and related activities in the cent...
General categoryCOMMERCIAL
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Assisted Living Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Assisted Living Facility10.8
Auto Parts Store9.4
Nursing Home8.6

Location

88-90 Schermerhorn St Brooklyn, NY 11201
County assessor Recorded deeds · 4 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
96 Boerum, Brooklyn, NY 11201-7186 $20,100,000 Jul 2023 6,400 SF
150 Lawrence, Brooklyn, NY 11201-5209 $22,500,000 Feb 2023 19,437 SF
Fulton, Brooklyn, NY 11201 $144,374,697 Aug 2022 5,520 SF
360 Fulton, Brooklyn, NY 11201-5104 $32,800,000 Jan 2022 11,208 SF
362-364 Fulton, Brooklyn, NY 11201 $32,800,000 Jan 2022 4,736 SF
356-358 Fulton, Brooklyn, NY 11201 $19,500,000 Jan 2022 27,972 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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