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Property profile

1626 16th St Brooklyn, NY 11229

OFF-MARKET
Retail space
Property ID
US63-5928813
View Sample
1,195 SF 0.03 ac lot Built 1985
Entity Owned 18-yr Hold Free & Clear

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1985
Total area 1,195 SF
Lot 0.03 ac (1,198 SF)
Zoning code C44A
APN 06778-0015
UPID US63-5928813

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$350k
CAP Approach CAP
by Request
Comparable Approach Comparable
$757k
Blend (final) Blend
$555k

Owner & transaction history

since 2008
1 recorded transaction
2008
$500,000

Zoning & alternative use

C44A · Brooklyn, NY

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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