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Property profile & analytics
OFF-MARKET
Estimated value
$2,750,000
Office buildings
15 Bay 29th St, Brooklyn, NY 11214-4013
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US63-6076187
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2002
Total area
11,616 SF
Lot
0.13 ac (5,800 SF)
Zoning code
C4-2
APN
06380-0034
UPID
US63-6076187
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
-
Gentle Personal Care Adult Day Care
-
A Plus Adult Daycare Center Adult Day Care
-
Quest Diagnostics Medical Clinic
-
Anjelika G. Kuvaldina, RN Registered General Nurse
-
Jerome Pasion Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.75M
Owner & transaction history
Mydl Gci LLC · 1 yrs held
Mydl Gci LLC
since 2025
7 recorded transactions
Zoning & alternative use
C4-2 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$237 / 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
$65,919
Tax year 2024
Assessed value
$622,350
Assessed 2024
Previous assessed
$735,300
-15.4% YoY
Effective rate
10.59%
On assessed value
Assessed land
$136,800
Assessed improvement
$485,550
Land market value
$304,000
Improvement market value
$1,079,000
Total market value
$1,383,000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2002
Heating
NONE
Buildings
1
Stories
4
Units
3
Total area
11,616 SF
Lot
0.13 ac (5,800 SF)
Zoning code
C4-2
APN
06380-0034
UPID
US63-6076187
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C4-2 · Brooklyn, NY
Zoning C4-2 · permitted uses
C4-2 · 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
2002
Heating
NONE
Stories
4
Buildings
1
Units
3
Lot
0.13 ac
Current owner
From public records · entity-resolved
Mydl Gci LLC
Entity
Mailing address
15 BAY 29TH ST, BROOKLYN, NY 11214-4013
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2025
$1,500,000
Mydl Gci LLC
Stony Run Equities INC
Deed
$1,200,000 · Bank Of America, N.a.
Feb 3, 2022
—
Signature Bank
—
Deed
related
$8,150,000 · Stony Run Equities INC.
Dec 8, 2016
—
Stony Run Equites INC
—
Deed
related
$1,488,858 · Td Bank, N A
Dec 17, 2013
$11,300,000
Stony Run Equities INC
8622 Bay LLC
Deed
—
Jul 18, 2007
—
8622 Bay LLC
—
Deed Of Trust
related
$7,400,000 · Morgan Stanley Mtg Capital INC
Apr 30, 2007
$9,700,000
8622 Bay LLC
8622 Bay Pkwy Developers
Grant Deed
—
Nov 18, 2004
—
Bensonhurst Realty LLC
15 Bay 29th Street Realty Corp
Grant Deed
$250,000 · Northfield Savings
Mar 19, 2001
$350,000
15 Bay 29th Street Realty Corp
Dyker Builders Corp
Grant Deed
—
—
—
Stony Run Equities INC
—
Loan Modification, Consolidation And Extension
related
$8,400,000 · 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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