Property profile

1421 Locust Ave Brooklyn, NY 11230

OFF-MARKET
Auto shops
Property ID
US63-0818360
9,154 SF 0.22 ac lot Built 1957
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1957
Total area 9,154 SF
Lot 0.22 ac (9,735 SF)
Zoning code M1-1
APN 06734-0023
UPID US63-0818360

Cap rate & NOI

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

Location

1421 Locust Ave Brooklyn, NY 11230-5220
Brooklyn metro Census 76800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$460k
CAP Approach CAP
by Request
Comparable Approach Comparable
$677k
Blend (final) Blend
$570k

Owner & transaction history

since 2018
5 recorded transactions
2018
Price N/A
2015
Price N/A
2013
$1.3M
1969
Price N/A
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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