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Property profile & analytics
OFF-MARKET
Estimated value
$3,665,000
Investment properties
147 Thames St Brooklyn, NY 11237-1703
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-4170237
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1931
Total area
6,500 SF
Lot
0.06 ac (2,500 SF)
Zoning code
M1-1
APN
03010-0024
UPID
US63-4170237
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
-
Velvet Tattoo Removal Tattoo & Piercing Shop Skin Care Clinic
-
Fuchs Projects Theater & Performing Art Venue
-
Rafael Fuchs Photography Service (Bike/Boat/Book/etc) Store
-
Brooklyn Picture Framing (Bike/Boat/Book/etc) Store Home Decor Store
-
San Miguel Grocery Food Market Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.67M
CAP Approach
CAP
$3.63M
Comparable Approach
Comparable
$2.86M
Blend (final)
Blend
$3.67M
Owner & transaction history
Bto Nitro Buyer LLC · 1 yrs held
Bto Nitro Buyer LLC
since 2024
Last sale
$3.7M
6 recorded transactions
Zoning & alternative use
M1-1 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.2M
+97.6%
Retail stores
$5.0M
+91.5%
Industrial (general)
$3.7M
+41.2%
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
$3,665,000
ML approach
$3,665,000
CAP Approach
CAP Return
Estimation
6%
$3,935,000
6.5%
$3,630,000
7%
$3,370,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,615,000
Current use
AUTO REPAIR, GARAGE
$5,165,000
Change: +98% · Conversion: Difficult
RETAIL STORES
$5,005,000
Change: +92% · Conversion: Easy
INDUSTRIAL (GENERAL)
$3,690,000
Change: +41% · Conversion: Moderate
OFFICE BUILDING
$3,580,000
Change: +37% · Conversion: Easy
WAREHOUSE, STORAGE
$3,260,000
Change: +25% · Conversion: Difficult
Blend value · Realmo final
$3.67M
Range $3.30M – $4.03M · ±10% · vs last sale $3.66M (Sep 4 2024)
Last sale anchor
$3.66M
Sep 4 2024
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
$564 / 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
$13,328
Tax year 2024
Assessed value
$553,050
Assessed 2024
Previous assessed
$553,050
+0.0% YoY
Effective rate
2.41%
On assessed value
Assessed land
$7,200
Assessed improvement
$545,850
Land market value
$16,000
Improvement market value
$1,213,000
Total market value
$1,229,000
Applied tax rate
2.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1931
Heating
NONE
Buildings
1
Stories
4
Units
7
Total area
6,500 SF
Lot
0.06 ac (2,500 SF)
Zoning code
M1-1
APN
03010-0024
UPID
US63-4170237
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-1 · Brooklyn, NY
Zoning M1-1 · permitted uses
M1-1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$5.2M
RETAIL STORES
Est. value
$5.0M
INDUSTRIAL (GENERAL)
Est. value
$3.7M
OFFICE BUILDING
Est. value
$3.6M
WAREHOUSE, STORAGE
Est. value
$3.3M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1931
Heating
NONE
Stories
4
Buildings
1
Units
7
Lot
0.06 ac
Current owner
From public records · entity-resolved
Bto Nitro Buyer LLC
Entity
Mailing address
345 E PARK AVE, NEW YORK, NY 10154-0004
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2024
$3,664,558
Bto Nitro Buyer LLC
Members Of New Tradition Holdings L
Deed
—
Dec 28, 2006
$1,000,000
Tsh Trade Group LLC
Alcj Corp
Grant Deed
—
—
—
Tsh Trade Group LLC
—
Deed Of Trust
related
$162,356 · Washington Mutual Fsb
—
—
Tsh Trade Group LLC
—
Deed Of Trust
related
$333,424 · Northfield Bank Fsb
—
—
Alcj Corp
—
Deed Of Trust
related
$340,000 · Approved Financial
—
—
Tsh Trade Group LLC
—
Deed Of Trust
related
$1,000,000 · Northfield Bank Fsb
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.
Try Rey
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