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Property profile & analytics
OFF-MARKET
Estimated value
$880,000
Investment properties
165 Smith St, Brooklyn, NY 11201-6337
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US63-2623593
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1930
Total area
2,615 SF
Lot
0.06 ac (2,500 SF)
Zoning code
R6A
APN
00385-0001
UPID
US63-2623593
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
Current use
Occupant on record · Public records
-
Dr. Elizabeth E. Schepker Pediatrician Physician
-
One Medical: Jessica Rosenberg, DO Medical Clinic
-
Alicia Campiglia Physician
-
Mayra Mercado Physician
-
One Medical: Cobble Hill Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$880k
Owner & transaction history
163 Smith Realty LLC · 17 yrs held
163 Smith Realty LLC
since 2009
7 recorded transactions
Zoning & alternative use
R6A · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$337 / 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
$21,017
Tax year 2024
Assessed value
$104,640
Assessed 2024
Previous assessed
$2,313,900
-95.5% YoY
Effective rate
20.09%
On assessed value
Assessed land
$18,000
Assessed improvement
$86,640
Land market value
$300,000
Improvement market value
$1,444,000
Total market value
$1,744,000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1930
Heating
NONE
Buildings
2
Stories
3
Units
3
Total area
2,615 SF
Lot
0.06 ac (2,500 SF)
Zoning code
R6A
APN
00385-0001
UPID
US63-2623593
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R6A · Brooklyn, NY
Zoning R6A · permitted uses
R6A · 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
1930
Heating
NONE
Stories
3
Buildings
2
Units
3
Lot
0.06 ac
Current owner
From public records · entity-resolved
163 Smith Realty LLC
Entity
Mailing address
PO BOX 369, ROSLYN HEIGHTS, NY 11577-0369
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2019
—
163 Smith Realty LLC
—
Deed
related
$549,681 · Investors Bank & Trust Co
Sep 28, 2016
—
163 Smith Realty LLC
—
Deed
related
$2,650,000 · Investors Bk
Apr 28, 2009
—
163 Smith Realty LLC
Affronti,anthony
Grant Deed
—
Apr 14, 2009
$164,400
Affronti,anthony
Affronti,joseph
Grant Deed
related
—
Jan 9, 2009
—
Anthony Affronti
Affronti Affronti & Affronti L
Quit Claim Deed
—
—
—
163 Smith Realty LLC
—
Deed Of Trust
related
$2,000,000 · Astoria Federal S&l Assn
—
—
163 Smith Realty LLC
—
Loan Modification, Consolidation And Extension
related
$2,650,000 · Investors Bk
—
—
Three Affronti Brothers LLC
—
Deed Of Trust
related
$1,276,779 · Independence Community Bank
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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