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Property profile & analytics
OFF-MARKET
Estimated value
$2,450,000
Retail residential properties
1190 Bedford Ave Brooklyn, NY 11216-4878
Entity Owned
1-yr Hold
Free & Clear
Property ID
US63-6288407
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
2013
Total area
5,708 SF
Lot
0.04 ac (1,800 SF)
Zoning code
R6A
APN
01996-0029
UPID
US63-6288407
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
-
BTM Charitable Organization Social Service Agency
-
Black Trans Media Newspaper & Magazine Television Studio
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.45M
CAP Approach
CAP
$3.19M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.45M
Owner & transaction history
Meeyo Group LLC · 1 yrs held
Meeyo Group LLC
since 2024
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
R6A · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$3.2M
+28.0%
Office building
$3.1M
+24.1%
Warehouse, storage
$2.9M
+13.0%
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
$2,450,000
ML approach
$2,450,000
CAP Approach
CAP Return
Estimation
6%
$3,455,000
6.5%
$3,190,000
7%
$2,960,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,530,000
Current use
INDUSTRIAL (GENERAL)
$3,240,000
Change: +28% · Conversion: Moderate
OFFICE BUILDING
$3,140,000
Change: +24% · Conversion: Easy
WAREHOUSE, STORAGE
$2,860,000
Change: +13% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,075,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$2.45M
Range $2.21M – $2.70M · ±10% · vs last sale $2.45M (Jul 30 2024)
Last sale anchor
$2.45M
Jul 30 2024
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
$429 / 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
$72,511
Tax year 2024
Assessed value
$883,800
Assessed 2024
Previous assessed
$919,800
-3.9% YoY
Effective rate
8.20%
On assessed value
Assessed land
$64,800
Assessed improvement
$819,000
Land market value
$144,000
Improvement market value
$1,820,000
Total market value
$1,964,000
Applied tax rate
2.0000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
2013
Heating
NONE
Buildings
1
Stories
5
Units
7
Total area
5,708 SF
Lot
0.04 ac (1,800 SF)
Zoning code
R6A
APN
01996-0029
UPID
US63-6288407
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R6A · Brooklyn, NY
Zoning R6A · permitted uses
R6A · 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
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$3.2M
OFFICE BUILDING
Est. value
$3.1M
WAREHOUSE, STORAGE
Est. value
$2.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
COMMERCIAL (GENERAL) Current
INDUSTRIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
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
2013
Heating
NONE
Stories
5
Buildings
1
Units
7
Lot
0.04 ac
Current owner
From public records · entity-resolved
Meeyo Group LLC
Entity
Free & Clear · 1 yrs held
Mailing address
1190 BEDFORD AVE, BROOKLYN, NY 11216-4878
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2024
$2,450,000
Meeyo Group LLC
En Blanc 1190 LLC
Deed
—
Mar 22, 2024
—
En Blanc 1190 LLC
—
Deed
related
$100,000 · Mortgage Electronic Registration Systems
Apr 20, 2023
—
En Blance 1190 LLC
—
Deed
related
$1,400,000 · Ny Tower Capital LLC
Jun 13, 2019
—
En Blanc 1190 LLC
Curtis,wilfred R
Grant Deed
related
—
Jun 30, 2016
—
W Robert Curtis
En Blanc 1190 LLC
Quit Claim Deed
—
Mar 14, 2016
$3,605,875
Wilfred R Curtis
1190 B LLC
Grant Deed
—
Mar 14, 2016
—
1190 B LLC
Rivka LLC
Grant Deed
—
Sep 11, 2013
—
1190 B LLC
Rivka LLC
Grant Deed
—
Nov 8, 2004
—
Rivka LLC
M Fund INC
Grant Deed
related
—
May 3, 2004
$142,000
M Fund INC
Schmulker,sara R Est
Trustees Deed
related
—
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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