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Property profile & analytics
OFF-MARKET
Estimated value
$4,305,000
Banks
19 Kent Ave 33 Brooklyn, NY 11249-1033
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-1165581
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2017
Total area
485,034 SF
Lot
1.84 ac (80,020 SF)
Zoning code
M1-2
APN
02282-0001
UPID
US63-1165581
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.31M
Blend (final)
Blend
$4.31M
Owner & transaction history
19 Kent Acquisition LLC · 10 yrs held
19 Kent Acquisition LLC
since 2015
7 recorded transactions
Zoning & alternative use
M1-2 · 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$4,500,000
Current use
Blend value · Realmo final
$4.31M
Range $3.87M – $4.74M · ±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
$9 / 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
$3,962,003
Tax year 2024
Assessed value
$39,734,100
Assessed 2024
Previous assessed
$36,823,500
+7.9% YoY
Effective rate
9.97%
On assessed value
Assessed land
$3,600,000
Assessed improvement
$36,134,100
Land market value
$8,000,000
Improvement market value
$80,298,000
Total market value
$88,298,000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2017
Heating
NONE
Buildings
1
Stories
10
Units
32
Total area
485,034 SF
Lot
1.84 ac (80,020 SF)
Zoning code
M1-2
APN
02282-0001
UPID
US63-1165581
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-2 · Brooklyn, NY
Zoning M1-2 · permitted uses
M1-2 · 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
FINANCIAL BUILDING Current
Est. value
$4.5M
FINANCIAL BUILDING 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
2017
Heating
NONE
Stories
10
Buildings
1
Units
32
Lot
1.84 ac
Current owner
From public records · entity-resolved
19 Kent Acquisition LLC
Entity
Mailing address
2929 ARCH ST, PHILADELPHIA, PA 19104-2857
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
19 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2023
—
19 Kent Acquisition LLC
—
Deed
related
$10,330,000 · Acrefi Holdings Db-series Xxi,
Mar 17, 2022
—
19 Kent Acquisition LLC
—
Deed
related
$67,234,257 · Acrefi Mortgage Lending, LLC
Mar 2, 2018
—
19 Kent Acquisition LLC
—
Loan Modification
related
$23,722,314 · Wells Fargo Bk Nw NA
Sep 19, 2016
—
19 Kent Acquisition LLC
—
Grant Deed
related
$98,585,753 · Wells Fargo Bk
Dec 31, 2015
$132,400,000
19 Kent Acquisition LLC
19 Kent Dev LLC
Grant Deed
—
Dec 31, 2015
—
19 Kent Dev LLC
19 Kent Dev LLC
Quit Claim Deed
—
Jul 15, 2014
—
19 Kent Dev LLC
—
Loan Modification, Consolidation And Extension
related
$28,750,000 · Er Kent Ave LLC
Jan 11, 2013
$31,750,000
19 Kent Dev LLC
Prigozen,todd J & Sage S
Quit Claim Deed
$21,750,000 · Er Kent Ave LLC
Jul 17, 2012
—
Evp LLC
Sylvan Holdings LLC
Grant Deed
—
Oct 18, 2010
—
Sylvan Holdings LLC
Greenbaum Joanne B 1 Trust
Grant Deed
—
Dec 18, 2009
—
Sylvan Holdings LLC
Greenbaum,carol
Grant Deed
—
—
—
19 Kent Dev LLC
—
Loan Modification
related
$23,750,000 · Er Kent Ave LLC
—
—
19 Kent Dev LLC
—
Deed Of Trust
related
$5,000,000 · Er Kent Ave LLC
—
—
19 Kent Acquisition LLC
—
Loan Modification, Consolidation And Extension
related
$45,000,000 · Wells Fargo Bk
—
—
19 Kent Dev LLC
—
Deed Of Trust
related
$2,000,000 · Er Kent Ave LLC
—
—
19 Kent Dev LLC
—
Deed Of Trust
related
$20,000,000 · 19 Kent Avenue 1 LLC
—
—
19 Kent Dev LLC
—
Loan Modification, Consolidation And Extension
related
$40,500,000 · 19 Kent Avenue 1 LLC
—
—
19 Kent Dev LLC
—
Deed Of Trust
related
$11,750,000 · 19 Kent Avenue 1 LLC
—
—
19 Kent Dev LLC
—
Deed Of Trust
related
$4,500,000 · 19 Kent Avenue 2 LLC
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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