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Property profile & analytics
OFF-MARKET
Estimated value
$20,000,000
Warehouses
1690 New York Ave Brooklyn, NY 11212-8019
Entity Owned
~
Est. High Equity
Property ID
US63-4635351
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2019
Total area
61,951 SF
Lot
0.36 ac (15,825 SF)
Zoning code
M1-4
APN
03677-0015
UPID
US63-4635351
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
$20.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$20.00M
Owner & transaction history
163 Sackman Property Owner, L.l.c.
163 Sackman Property Owner, L.l.c.
since 2026
Last sale
$20.0M
7 recorded transactions
Zoning & alternative use
M1-4 · 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
Method
Estimation
Statistic approach
$20,000,000
ML approach
$20,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$31,050,000
Current use
Blend value · Realmo final
$20.00M
Range $18.00M – $22.00M · ±10% · vs last sale $20.00M (Apr 24 2024)
Last sale anchor
$20.00M
Apr 24 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
$323 / 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
$292,857
Tax year 2024
Assessed value
$3,131,550
Assessed 2024
Previous assessed
$3,068,100
+2.1% YoY
Effective rate
9.35%
On assessed value
Assessed land
$569,700
Assessed improvement
$2,561,850
Land market value
$1,266,000
Improvement market value
$5,693,000
Total market value
$6,959,000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2019
Heating
NONE
Buildings
1
Stories
4
Units
1
Total area
61,951 SF
Lot
0.36 ac (15,825 SF)
Zoning code
M1-4
APN
03677-0015
UPID
US63-4635351
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-4 · Brooklyn, NYZoning M1-4 · permitted uses
M1-4 · Brooklyn, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$31.1M
WAREHOUSE, STORAGE Current
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
2019
Heating
NONE
Stories
4
Buildings
1
Units
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
163 Sackman Property Owner, L.l.c.
Entity
Mailing address
1001 PENNSYLVANIA AVE NW #200, WASHINGTON, DC 20004-2505
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 26, 2026
$30,184,181
163 Sackman Property Owner, L.l.c.
Ss Nyc Eny, L.l.c.
Deed
$215,716,472 · New York Self Storage Portfolio Kcd, LLC
Apr 24, 2024
$20,000,000
Ss Nyc Eny, L.l.c.
Snl Orix Eny Avenue, LLC
Deed
$9,930,399 · The Prudential Insurance Company Of Amer
Feb 20, 2019
—
Snl 1690 Eny Ave LLC
Snl 1690 Eny Ave LLC
Quit Claim Deed
related
—
Jan 10, 2018
—
Snl Orix Eny Avenue LLC
—
Loan Modification, Consolidation And Extension
related
$3,002,940 · Tcf Nat'l Bk
Nov 16, 2017
—
Snl Orix Eny Avenue LLC
—
Grant Deed
related
$10,000,000 · Orix Re Holdings LLC
Jul 21, 2017
—
Snl Orix Eny Avenue LLC
—
Grant Deed
related
$10,000,000 · Orix Re Holdings LLC
Feb 10, 2017
$2,650,000
Snl 1690 Eny Ave LLC
Eny Sackman Associates LLC
Grant Deed
related
—
Sep 14, 2007
$1,485,000
Eny Sackman Associates LLC
Az Properties LLC
Grant Deed
$1,000,000 · Si Bank & Trust
Dec 28, 2004
$810,000
Az Properties LLC
Reinhardt,william J
Grant Deed
—
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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