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Property profile & analytics
OFF-MARKET
Estimated value
$4,205,000
Warehouses
1534 Atlantic Ave 1540 Brooklyn, NY 11213-1008
Individually Owned
13-yr Hold
~
Est. High Equity
Property ID
US63-2828158
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2006
Total area
45,080 SF
Lot
0.39 ac (17,080 SF)
Zoning code
C8-2
APN
01204-0008
UPID
US63-2828158
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.70M
Blend (final)
Blend
$4.21M
Owner & transaction history
Extra Space Props Seventy Eigh · 13 yrs held
Extra Space Props Seventy Eigh
since 2012
7 recorded transactions
Zoning & alternative use
C8-2 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.21M
Range $3.78M – $4.63M · ±10%
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
$93 / 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
$38,579
Tax year 2024
Assessed value
$3,679,200
Assessed 2024
Previous assessed
$3,554,100
+3.5% YoY
Effective rate
1.05%
On assessed value
Assessed land
$230,400
Assessed improvement
$3,448,800
Land market value
$512,000
Improvement market value
$7,664,000
Total market value
$8,176,000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Heating
NONE
Buildings
1
Stories
3
Units
1
Total area
45,080 SF
Lot
0.39 ac (17,080 SF)
Zoning code
C8-2
APN
01204-0008
UPID
US63-2828158
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C8-2 · Brooklyn, NY
Zoning C8-2 · permitted uses
C8-2 · 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
2006
Heating
NONE
Stories
3
Buildings
1
Units
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Extra Space Props Seventy Eigh
Individual
Mailing address
PO BOX 800729, DALLAS, TX 75380-0729
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2012
—
Extra Space Props Seventy Eigh
Extra Space Of Brooklyn-atlantic
Quit Claim Deed
related
$8,392,057 · Sovereign Bank
Jun 8, 2010
$9,600,000
Extra Space Of Brooklyn-atlant
Premier Storage Solutions Of A
Grant Deed
—
Mar 18, 2010
—
Premier Storage Solutions Of A
—
Deed Of Trust
related
$5,617,612 · Magna Bank NA
Jun 22, 2005
$1,850,000
Premier Storage Solutions Of A
1526 LLC
Grant Deed
—
Jan 10, 2005
$1,200,000
1526 LLC
Newman,marvin
Grant Deed
related
$900,000 · Intervest National Bank
—
—
Premier Storage Solutions Of Atla
—
Deed Of Trust
related
$5,617,612 · Anglo Irish Bank Corp Plc
—
—
Premier Storage Solutions Of Atla
—
Deed Of Trust
related
$683,188 · Anglo Irish Bank Corp Plc
—
—
Premier Storage Solutions Of A
—
Deed Of Trust
related
$5,617,612 · Magna Bank NA
—
—
Premier Storage Solutions Of A
—
Deed Of Trust
related
$74,899 · Magna Bank NA
—
—
Premier Storage Solutions Of A
—
Deed Of Trust
related
$783,188 · Anglo Irish Bank Corp
—
—
Premier Storage Solutions Of A
—
Deed Of Trust
related
$782,488 · Magna Bank 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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