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    1263 Broadway Brooklyn, NY 11221-6160
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    Property profile & analytics

    1263 Broadway, Brooklyn, NY 11221-6160

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    • Investment properties
    • 9,000 SF
    • 0.08 lot acres
    Off-Market
    Last Sale Jan 15, 2021
    $3,650,000
    Property ID
    US63-5250057
    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.

    Value Estimations
    $3,910,000
    Show details
    Cap Rate Potential
    8.1%
    Investment properties
    Location Intelligence

    Current Use by Public Records

    • King Of Broadway Furniture / Furniture & Home Goods / Home Decor Store

    Property Details for 1263 Broadway

    Year built
    1931
    Lot size
    0.08 lot acres
    Zone code
    C4-3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    03293-0067
    APU
    32930067

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 4, 2023 — 1263 Broadway Bk, LLC — Deed · related $8.2M · Fs Rialto 2021-fl2 Issuer, Ltd.
    Jun 9, 2023 — 1263 Broadway Bk, LLC — Deed · related $7.9M · Fs Rialto 2021-fl2 Issuer, Ltd
    Jan 26, 2021 — 1260 Broadway Bk LLC — Deed · related $25.8M · Fs Creit Originator LLC
    Jan 15, 2021 $3,627,000 1263 Broadway Bk LLC 1263 Broadway Associates LLC Grant Deed $4.5M · Fs Creit Originator LLC
    Nov 16, 2015 $3,650,000 1263 Broadway Associates LLC 1263 Broadway Partners LLC Deed $416k · Peoples United Bank, National Assoc
    Nov 12, 2013 $2,725,000 1263 Broadway Partners LLC 1263 Kings LLC Deed $2.1M · Peoples United Bank
    Jan 31, 2011 $680,000 1263 Kings LLC Rozenstein,alex Grant Deed $712k · Foo-lu Co
    — — 1263 Broadway Associates LLC — Loan Modification, Consolidation And Extension · related $2.4M · People's United Bk
    — — 1263 Kings LLC — Deed Of Trust · related $712k · Foo-lu Co
    — — Alexander Rozenstein — Deed Of Trust · related $100k · Emigrant Funding Corp
    — — 1260 Broadway Bk LLC — Loan Modification · related $25.8M · Fs Creit Originator LLC

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $4,045,000
      ML approach
      $4,000,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $5,445,000
      6.5%
      $5,025,000
      7%
      $4,665,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,206,000
      Market price range: $2.21M - $4.21M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $3,240,000
      Current use
      INDUSTRIAL (GENERAL)
      $5,110,000
      Change: +58% Conversion: Moderate
      OFFICE BUILDING
      $4,955,000
      Change: +53% Conversion: Easy
      WAREHOUSE, STORAGE
      $4,510,000
      Change: +39% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9248
    Latitude
    40.6914
    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
    $68,646
    $47,250
    $718,650
    $765,900
    -
    $105,000
    $1,597,000
    $1,702,000
    More about this property
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