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Property profile & analytics
OFF-MARKET
Estimated value
$3,745,000
Manufacturing properties
1827 Pacific St 29 Brooklyn, NY 11233-3505
Entity Owned
17-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-2176772
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1964
Total area
15,000 SF
Lot
0.34 ac (15,000 SF)
Zoning code
M1-1
APN
01337-0062
UPID
US63-2176772
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
-
Brooklyn Spirits LLC Brewery & Distillery Big Box & Wholesale Store
-
ET Air Solution Inc Restaurant hood duct & equipment supply & stainless/metal sheet Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.11M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.75M
Owner & transaction history
Atlantic Properties II LLC · 17 yrs held
Atlantic Properties II LLC
since 2009
7 recorded transactions
Zoning & alternative use
M1-1 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$4,450,000
6.5%
$4,105,000
7%
$3,810,000
Blend value · Realmo final
$3.75M
Range $3.37M – $4.12M · ±10%
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
$250 / 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
$65,713
Tax year 2024
Assessed value
$780,300
Assessed 2024
Previous assessed
$701,550
+11.2% YoY
Effective rate
8.42%
On assessed value
Assessed land
$135,000
Assessed improvement
$645,300
Land market value
$300,000
Improvement market value
$1,434,000
Total market value
$1,734,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1964
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
15,000 SF
Lot
0.34 ac (15,000 SF)
Zoning code
M1-1
APN
01337-0062
UPID
US63-2176772
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.
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Atlantic Properties II LLC
Entity
Free & Clear · 17 yrs held
Mailing address
101 RICHARDSON ST, BROOKLYN, NY 11211-1344
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 10, 2009
—
Atlantic Properties II LLC
Atlantic Properties II LLC
Quit Claim Deed
related
—
Dec 7, 2004
—
Ackerman Sue Tr
Ackerman,barbara & Milton
Quit Claim Deed
related
—
Nov 5, 2004
—
Atlantic Properties II LLC
Jobar Family Limited Partnersh
Grant Deed
related
—
Oct 27, 2004
—
Atlantic Properties II LLC
Ackerman
Grant Deed
related
—
Oct 20, 2004
—
Ackerman Doris S Tr
Ackerman Sue
Quit Claim Deed
related
—
Sep 13, 2004
—
Atlantic Properties II LLC
Hinderstein,toby
Grant Deed
related
—
Aug 6, 2004
—
Ackerman Sue Tr
Ackerman,milton & Barbara
Quit Claim Deed
related
—
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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