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Property profile

12 Commerce St 18 Brooklyn, NY 11231

OFF-MARKET
Warehouses
Property ID
US63-1978912
View Sample
8,555 SF 0.21 ac lot Built 1931
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1931
Total area 8,555 SF
Lot 0.21 ac (9,000 SF)
Zoning code M1-1
APN 00512-0001
UPID US63-1978912

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.85M
Comparable Approach Comparable
by Request
Blend (final) Blend
$465k

Owner & transaction history

since 2014
2 recorded transactions
2014
$1.9M
1969
Price N/A

Zoning & alternative use

M1-1 · Brooklyn, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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