Property profile

1606 Ave J J Brooklyn, NY 11230

OFF-MARKET
Schools
Property ID
US63-2405875
71,000 SF 0.46 ac lot Built 1993
Individually Owned 8-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Schools
Use group COLLEGE, UNIVERSITY, VOC SCHOOL
Year built 1993
Total area 71,000 SF
Lot 0.46 ac (20,000 SF)
Zoning code R4
APN 06718-0001
UPID US63-2405875

Cap rate & NOI

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

Location

1606 Ave J J Brooklyn, NY 11230
Brooklyn metro Census 53200 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.91M

Owner & transaction history

since 2017
6 recorded transactions
2017
Price N/A
2012
Price N/A
2012
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R4 · Brooklyn, NY
Top alternative use upside
Industrial (general) $6.4M +69.9%
Warehouse, storage $6.2M +66.4%
Office building $5.6M +49.5%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1606 Ave J J?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message