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Property profile & analytics
OFF-MARKET
Estimated value
$5,145,000
Warehouses
1249 Coney Is Ave Brooklyn, NY 11230-2911
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US63-2164830
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2019
Total area
51,869 SF
Lot
0.32 ac (14,000 SF)
Zoning code
C8-2
APN
06695-0048
UPID
US63-2164830
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
-
Life Storage Storage Facility
-
Package Delivery Solutions, LLC Shipping Company Freight Service
-
Gas Station Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.89M
Blend (final)
Blend
$5.15M
Owner & transaction history
Snl Xi LLC · 8 yrs held
Snl Xi LLC
since 2017
7 recorded transactions
Zoning & alternative use
C8-2 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.15M
Range $4.63M – $5.66M · ±10%
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
$99 / 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
$333,476
Tax year 2024
Assessed value
$3,506,400
Assessed 2024
Previous assessed
$3,387,150
+3.5% YoY
Effective rate
9.51%
On assessed value
Assessed land
$403,200
Assessed improvement
$3,103,200
Land market value
$896,000
Improvement market value
$6,896,000
Total market value
$7,792,000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2019
Heating
NONE
Buildings
1
Stories
4
Units
1
Total area
51,869 SF
Lot
0.32 ac (14,000 SF)
Zoning code
C8-2
APN
06695-0048
UPID
US63-2164830
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C8-2 · Brooklyn, NY
Zoning C8-2 · permitted uses
C8-2 · 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.
Building & site characteristics
From public records
Year built
2019
Heating
NONE
Stories
4
Buildings
1
Units
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Snl Xi LLC
Entity
Mailing address
3333 NEW HYDE PARK RD STE #200, NEW HYDE PARK, NY 11042-1205
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2018
—
Snl Xi LLC
—
Grant Deed
related
$8,899,544 · Santander Bk NA
Nov 29, 2017
$6,000,000
Snl Xi LLC
Bolla Em Realty LLC
Trustees Deed
$10,000,000 · Orix Re Holdings LLC
Aug 7, 2014
—
Bolla Em Realty LLC
—
Grant Deed
related
$10,751,298 · Td Bk NA
Apr 4, 2011
—
Bolla Em Rlty LLC
—
Deed Of Trust
related
$16,095,000 · Td Bank NA
Feb 11, 2011
$932,741
Bolla Em Realty LLC
Exxonmobil Oil Corp
Grant Deed
—
—
—
Bolla Em Realty LLC
—
Deed Of Trust
related
$11,218,746 · Td Bk NA
—
—
Bolla Em Realty LLC
—
Deed Of Trust
related
$19,400,047 · Td Bk 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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