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Property profile & analytics
OFF-MARKET
Estimated value
$6,330,000
Warehouses
111 Dinsmore Pl Brooklyn, NY 11208
Entity Owned
4-yr Hold
Free & Clear
Property ID
US63-5206968
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1920
Total area
7,050 SF
Lot
0.18 ac (7,990 SF)
Zoning code
M14R7A
APN
04141-0035
UPID
US63-5206968
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
-
Isalis (Bike/Boat/Book/etc) Store
-
Party City Party Supply Store (Bike/Boat/Book/etc) Store
-
Skunk Funk Big Box & Wholesale Store
-
Carl's Trading Co Hat Shop
-
Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.27M
Blend (final)
Blend
$6.33M
Owner & transaction history
Dinsmore Associates LLC · 4 yrs held
Dinsmore Associates LLC
since 2021
Last sale
$6.0M
7 recorded transactions
Zoning & alternative use
M14R7A · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.6M
+58.5%
Retail stores
$5.4M
+53.7%
Industrial (general)
$4.0M
+13.3%
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
$6,745,000
ML approach
$6,570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$5,600,000
Change: +59% · Conversion: Easy
RETAIL STORES
$5,430,000
Change: +54% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$4,000,000
Change: +13% · Conversion: Easy
OFFICE BUILDING
$3,880,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$6.33M
Range $5.70M – $6.96M · ±10% · vs last sale $6.00M (Oct 13 2021)
Last sale anchor
$6.00M
Oct 13 2021
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
$898 / 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
$34,194
Tax year 2024
Assessed value
$376,200
Assessed 2024
Previous assessed
$355,050
+6.0% YoY
Effective rate
9.09%
On assessed value
Assessed land
$92,250
Assessed improvement
$283,950
Land market value
$205,000
Improvement market value
$631,000
Total market value
$836,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1920
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
7,050 SF
Lot
0.18 ac (7,990 SF)
Zoning code
M14R7A
APN
04141-0035
UPID
US63-5206968
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M14R7A · Brooklyn, NYZoning M14R7A · permitted uses
M14R7A · Brooklyn, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$5.6M
RETAIL STORES
Est. value
$5.4M
INDUSTRIAL (GENERAL)
Est. value
$4.0M
OFFICE BUILDING
Est. value
$3.9M
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
1920
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Dinsmore Associates LLC
Entity
Free & Clear · 4 yrs held
Mailing address
902 BROADWAY FL #13, NEW YORK, NY 10010-6033
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 13, 2021
$6,000,000
Dinsmore Associates LLC
Chestnut Blue Realty, LLC
Deed
—
Sep 13, 2021
—
2020 Agostino Vona Irrevocable Trus
Vona Capital Group LLC
Deed
—
Aug 12, 2021
—
Chestnut Blue Realty, LLC
Chestnut Realty Group, LLC
Deed
—
Nov 10, 2016
—
Richmond Realty Group LLC
—
Deed
related
$4,200,000 · Capital One NA
Nov 19, 2009
—
3301 Atlantic Avenue LLC
—
Deed Of Trust
related
$4,410,210 · Bank Of America
Nov 5, 2009
$2,300,000
Chestnut Realty Grp LLC
3301 Atlantic Avenue LLC
Grant Deed
—
Jul 4, 2004
$5,000,000
3301 Atlantic Avenue LLC
Blue Ridge Farms INC
Grant Deed
—
—
—
Richmond Realty Group LLC
—
Loan Modification, Consolidation And Extension
related
$4,200,000 · Capital One NA
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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