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Property profile & analytics

1155 Sutter Ave Brooklyn, NY 11208-3727

This is a commercial space located in the East New York section of Brooklyn. The space features renovations and is within walking distance of the A & C Trains. It was previously used as a restaurant and includes a fully installed exhaust system. A gas meter is installed. The property is zoned 900 and may be suitable for a variety of commercial uses.
  • Restaurants
  • 2,400 SF
  • 0.04 lot acres
OFF-MARKET
Value Estimation
$750,000
Last Sale
Jun 10, 2024
$740,000
Location Intelligence
Property ID
US63-5990536
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • New Ming Fat / Restaurant / Chinese Restaurant

Property Details for 1155 Sutter Ave

Year built
1910
Lot size
0.04 lot acres
Property size
2,400 SF
Zone code
R5
Property type
Restaurants
APN
04246-0046
APU
42460046

Property Overview

This is a commercial space located in the East New York section of Brooklyn. The space features renovations and is within walking distance of the A & C Trains. It was previously used as a restaurant and includes a fully installed exhaust system. A gas meter is installed. The property is zoned 900 and may be suitable for a variety of commercial uses.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $740,000
  • CAP approach

    CAP return
    Estimation
    6%
    $730,000
    6.5%
    $685,000
    7%
    $745,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $840,000
    Geo Method
    $640,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $885,000
    Retail
    $895,000
    Mixed-Use
    $720,000
    Hospitality
    $750,000
    Educational
    $905,000
    Residential Income
    $785,000
    Energy
    $885,000
    Income-Based Land
    $880,000
    Food Service
    $745,000

Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-73.8753
Latitude
40.6725
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,599
$8,220
$29,100
$37,320
-
$137,000
$485,000
$622,000
More about this property
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