Property profile

1602 Shr Pkwy Brooklyn, NY 11214

OFF-MARKET
Drive through restaurants
Property ID
US63-2037506
3,968 SF 0.18 ac lot Built 1970
Entity Owned 24-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1970
Total area 3,968 SF
Lot 0.18 ac (7,873 SF)
Zoning code M3-1
APN 06491-0050
UPID US63-2037506

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant Take-out & Catering

Location

1602 Shr Pkwy Brooklyn, NY 11214-6404
Brooklyn metro Census 29400 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$560k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.10M
Blend (final) Blend
$830k

Owner & transaction history

Zoning & alternative use

M3-1 · Brooklyn, NY
Top alternative use upside
Retail stores $855,000 +17.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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