Property profile

2002 Mermaid Ave Brooklyn, NY 11224

OFF-MARKET
Office buildings
Property ID
US63-2826305
3,537 SF 0.05 ac lot Built 2010
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2010
Total area 3,537 SF
Lot 0.05 ac (2,000 SF)
Zoning code R6
APN 07059-0012
UPID US63-2826305

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
  • Government Office

Location

2002 Mermaid Ave Brooklyn, NY 11224-2510
Brooklyn metro Census 32600 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$880k

Owner & transaction history

since 2018
6 recorded transactions
2020
Price N/A
2018
$962,500
2016
Price N/A
2016
$925,000
2010
Price N/A
2006
Price N/A

Zoning & alternative use

R6 · 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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