Technical
Financial
Distress signals
Property profile

1938 Coney Is Ave Brooklyn, NY 11230

OFF-MARKET
Banks
Property ID
US63-6104937
41,564 SF 0.18 ac lot Built 2018
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2018
Total area 41,564 SF
Lot 0.18 ac (8,000 SF)
Zoning code C8-2
APN 06617-0045
UPID US63-6104937

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nail Salon
  • Corporate Office
  • Furniture & Home Goods Home Decor Store
  • Furniture & Home Goods

Location

1938 Coney Is Ave Brooklyn, NY 11230-6513
Brooklyn metro Census 42000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$725k
CAP Approach CAP
by Request
Comparable Approach Comparable
$415k
Blend (final) Blend
$570k

Owner & transaction history

since 2015
6 recorded transactions
2023
Price N/A
2021
Price N/A
2020
Price N/A
2015
$4.0M
2004
$330,283
1969
Price N/A

Zoning & alternative use

C8-2 · Brooklyn, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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