Individually Owned 
For Sale
1 / 9
$149,900
106 Battery Ave,Unit MS1, Brooklyn, NY 11209
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Property summary
AI-generated overview
This exceptional 804-square-foot office space in a well-maintained Brooklyn condo building presents a unique opportunity for single-tenant occupancy. Located at 106 Battery Avenue 1, Brooklyn, NY 11209, this property offers convenient access to public transportation and the vibrant Bay Ridge business district, known for its diverse shopping, dining, and entertainment options. The space features a ceiling height ranging from 8 to 10 feet and is situated on a 6,255-square-foot lot within Kings County. Ideal for various office uses, including medical practices, this property provides ample space for a business to thrive. Its single-suite configuration ensures privacy and control. The address is easily accessible, making it a convenient location for both employees and clients. This is a rare opportunity to secure a well-located, functional office space in a desirable Brooklyn neighborhood. The property's size and location make it an attractive option for businesses seeking a comfortable and productive work environment. Don't miss this chance to establish your business in a thriving community.
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Total area
804 SF
Lot
0.14 ac (6,255 SF)
Zoning code
R4B
APN
06092-1001
UPID
US63-3689259
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$345k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$425k
Owner & transaction history
since 2017
1 recorded transaction
Zoning & alternative use
R4B · Brooklyn, NY
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.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 28 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$425k
Value range
$383k – $468k
±10% around blend
Estimated value / SF
$529 / SF
Confidence
High
28 county-verified comps
Property data
88
Market benchmarks
100
Comparable evidence
100
Income certainty
100
$383k
blend $425k
$468k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
804 SF
Lot area
0.14 ac
Stories
3
APN
06092-1001
Zoning
R4B
Assessed value
$99,000
Annual tax
$9,847
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$9,847
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$866k
Weighted, 20 comps · high confidence
Evidence
28 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.3 mi away · 566 SF
6.8 mi away · 1,020 SF
11.6 mi away · 805 SF
12.2 mi away · 965 SF
13.8 mi away · 624 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$425k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 133 sales
$480
+10%
Submarket 3044 sales
$491
+8%
County 3044 sales
$491
+8%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $529/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
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
Market benchmark
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 · 28 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$266k
Move the market yield to see immediate price impact.
Value / SF
$331
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
5.00%7.00%9.00%
$17k
$336k
$240k
$186k
$19k
$373k
$266k
$207k
$21k
$410k
$293k
$228k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
28 found
High confidence · county-verified
Closest comparable
$782k
5.3 mi · Dec 2025 · $942/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$9,847
Tax year 2024
Assessed value
$99,000
Assessed 2024
Previous assessed
$95,400
+3.8% YoY
Effective rate
9.95%
On assessed value
Assessed land
$9,000
Assessed improvement
$90,000
Land market value
$20,000
Improvement market value
$200,000
Total market value
$220,000
Applied tax rate
4.0000
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
Office Spaces
Use group
OFFICE (GENERAL)
Status
For Sale
Heating
NONE
Buildings
1
Stories
3
Units
1
Total area
804 SF
Lot
0.14 ac (6,255 SF)
Zoning code
R4B
APN
06092-1001
UPID
US63-3689259
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R4B · Brooklyn, NYZoning R4B · permitted uses
R4B · Brooklyn, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Heating
NONE
Stories
3
Buildings
1
Units
1
Lot
0.14 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R4B
Jurisdiction
Brooklyn, NY
Recorded code
R4B
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
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
Private report access
See the ownership record for this address.
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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