Property profile

1206 Decatur St Brooklyn, NY 11207

OFF-MARKET
Apartment buildings
Property ID
US63-1064185
5,716 SF 0.06 ac lot Built 2015
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 2015
Total area 5,716 SF
Lot 0.06 ac (2,600 SF)
Zoning code R6
APN 03435-0017
UPID US63-1064185

Cap rate & NOI

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

Location

1206 Decatur St Brooklyn, NY 11207-2156
Brooklyn metro Census 41100 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.59M
CAP Approach CAP
$2.69M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.61M

Owner & transaction history

since 2020
Last sale
$2.7M
5 recorded transactions
2020
$2.7M
2015
Price N/A
2013
$350,000
2005
$235,000
2005
$180,000

Zoning & alternative use

R6 · Brooklyn, NY
Top alternative use upside
Retail stores $4.4M +292.6%
Industrial (general) $3.2M +189.4%
Office building $3.1M +180.7%

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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