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Property profile & analytics
FOR SALE
Schools

1458 E 14Th St Brooklyn, NY 11230

10,000 SF 0.09 ac lot Built 2005
Entity Owned 18-yr Hold Free & Clear
Property ID
US63-0694690
Property summary
AI-generated overview

This exceptional 10,000 square foot private school building, constructed in 2005, presents a unique investment opportunity. The four-story structure, situated on a 40' x 100' lot (40' x 62' built), boasts a thoughtfully designed layout. Features include a welcoming reception and security area, numerous classrooms, dedicated office spaces, and a sizable gymnasium. An outdoor play area complements the indoor facilities, providing ample space for recreational activities. The property benefits from an R4-1 zoning designation. Located in the vibrant Midwood neighborhood of Brooklyn, New York (1458 E 14th St, zip code 11230, Block 6751, Lot 32), this prime location offers convenient access to essential amenities. It's situated just 0.6 miles from Midwood Medical Center and 1 mile from NYU Langone, ensuring proximity to healthcare services. Public transportation is readily available, with the B and Q subway lines at 15th Street and Avenue M only 0.279 miles away. The property's tax assessment is $982,000, and it offers a FAR of 2.50 and a floor area ratio of 2. This turnkey school building presents a compelling opportunity for educational institutions or investors seeking a well-established property in a desirable location. The asking price is $5,900,000.

Property profile
Verified
Property type Schools
Use group COLLEGE, UNIVERSITY, VOC SCHOOL
Year built 2005
Total area 10,000 SF
Lot 0.09 ac (4,000 SF)
Zoning code R4-1
APN 06751-0032
UPID US63-0694690
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
  • Imagine Academy Special Education Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$610k
CAP Approach CAP
by Request
Comparable Approach Comparable
$707k
Blend (final) Blend
$660k
Owner & transaction history
Imagine Foundation INC · 18 yrs held
Imagine Foundation INC
since 2008
4 recorded transactions
2008
$3.6M
2005
$970,500
1969
Price N/A
1969
Price N/A
Zoning & alternative use
R4-1 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $895,000 +69.9%
Warehouse, storage $875,000 +66.4%
Office building $785,000 +49.5%
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