Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$10,570,000
Warehouses
1675 63rd St 1683 Brooklyn, NY 11204-2714
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-1406037
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1931
Total area
16,480 SF
Lot
0.37 ac (16,000 SF)
Zoning code
M1-1
APN
05531-0038
UPID
US63-1406037
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.89M
Blend (final)
Blend
$10.57M
Owner & transaction history
1675 63 St Holding LLC · 1 yrs held
1675 63 St Holding LLC
since 2024
Last sale
$10.6M
4 recorded transactions
Zoning & alternative use
M1-1 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$13.1M
+58.5%
Retail stores
$12.7M
+53.7%
Industrial (general)
$9.4M
+13.3%
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
Method
Estimation
Statistic approach
$10,570,000
ML approach
$10,570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,260,000
Current use
AUTO REPAIR, GARAGE
$13,095,000
Change: +59% · Conversion: Easy
RETAIL STORES
$12,690,000
Change: +54% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$9,355,000
Change: +13% · Conversion: Easy
OFFICE BUILDING
$9,070,000
Change: +10% · Conversion: Difficult
COMMERCIAL (GENERAL)
$8,250,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$10.57M
Range $9.51M – $11.63M · ±10% · vs last sale $10.57M (Oct 28 2024)
Last sale anchor
$10.57M
Oct 28 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$641 / 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
$75,357
Tax year 2024
Assessed value
$711,450
Assessed 2024
Previous assessed
$711,450
+0.0% YoY
Effective rate
10.59%
On assessed value
Assessed land
$252,000
Assessed improvement
$459,450
Land market value
$560,000
Improvement market value
$1,021,000
Total market value
$1,581,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1931
Heating
NONE
Buildings
1
Stories
1
Units
2
Total area
16,480 SF
Lot
0.37 ac (16,000 SF)
Zoning code
M1-1
APN
05531-0038
UPID
US63-1406037
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-1 · Brooklyn, NY
Zoning M1-1 · permitted uses
M1-1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$8.3M
AUTO REPAIR, GARAGE
Est. value
$13.1M
RETAIL STORES
Est. value
$12.7M
INDUSTRIAL (GENERAL)
Est. value
$9.4M
OFFICE BUILDING
Est. value
$9.1M
COMMERCIAL (GENERAL)
Est. value
$8.3M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1931
Heating
NONE
Stories
1
Buildings
1
Units
2
Lot
0.37 ac
Current owner
From public records · entity-resolved
1675 63 St Holding LLC
Entity
Mailing address
1461 60TH ST, BROOKLYN, NY 11219-5021
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2024
$10,570,375
1675 63 St Holding LLC
1675 LLC
Deed
$6,900,000 · Broadview Capital LLC
May 14, 2004
$2,625,000
1675 LLC
Santemma Enterprises INC
Grant Deed
—
Jun 28, 1999
—
Santemma Enterprises INC
Santemma,jon N
Quit Claim Deed
related
$300,000 · Staten Island Savings Bank
—
—
1675 LLC
—
Deed Of Trust
related
$1,742,226 · Wachovia Bank NA
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.
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 1675 63rd St, Unit 1683?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
