Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

1600 West 5Th St Brooklyn, NY 11204

FOR LEASE
Other investment properties
Property ID
US63-0870828
3,312 SF 0.03 ac lot Built 1930
Last sale Jun 2024 · $1,480,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

The property is a commercial unit in Bensonhurst that was formerly configured as a medical office. It contains five rooms and 1.5 bathrooms. The space is served by plumbing and utilities for heating as well as hot and cold water. The unit is located in a neighborhood with nearby retail, dining, and park amenities, and it is close to public transportation options including the N and F subway lines and the B4, B6, and B82 bus routes.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$9k
Tax billed · 2024
Assessed value$86k
Assessed land$10k
Assessed improvement$76k
Effective rate10.99%

Value estimate

· Nov 2026
$1.48M
$1.20M – $1.56M Model range
AI approach$1.48M
CAP approach$1.85M
Submarket $/SF estimate$1.32M
NOI build-up
Gross scheduled income$48k
Vacancy & credit loss−$11k
Operating expenses−$9k
NOI · 860.72% cap applied$28k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$501/SF
ZIP average, outlier-cleaned · 98 recorded sales of this use type
Observed band · Q1–Q3$400 – $633
Qualifying comparables16

Cap rate analysis

How does the asset earn?
860.72%
$28k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R5B
Where the designated district is an M1-2/R5B District, the provisions of paragraph (c) of Section 25-631 (Location and width of curb cuts...
General categoryRESIDENTIAL
JurisdictionKINGS(BROOKLYN)

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm58.7
Realty agency52.8
Parking Facility46.9

Location

1600 West 5Th St Brooklyn, NY 11204
County assessor Recorded deeds · 3 transfers 16 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2374 60th, Brooklyn, NY 11204-2655 $1,375,000 May 2025 3,600 SF
6423 20th, Brooklyn, NY 11204-3905 $4,500,000 Jan 2025 3,600 SF
7115 18th, Brooklyn, NY 11204-5204 $1,730,000 Oct 2024 3,420 SF
2261 65th, Brooklyn, NY 11204-4274 $1,705,000 Aug 2024 3,300 SF
7318 18th, Brooklyn, NY 11204-5635 $1,380,000 Aug 2024 3,534 SF
6521 20th, Brooklyn, NY 11204-3965 $1,620,000 Jan 2024 3,300 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
Why this one?
Saved