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Property profile & analytics
OFF-MARKET
Estimated value
$2,910,000
Retail space
2007-2011 86th St Brooklyn, NY 11214
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US63-0163300
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1918
Total area
13,460 SF
Lot
0.33 ac (14,330 SF)
Zoning code
C4-2
APN
06346-0005
UPID
US63-0163300
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
$3.73M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.91M
Owner & transaction history
303-305 East 93 LLC · 10 yrs held
303-305 East 93 LLC
since 2015
7 recorded transactions
Zoning & alternative use
C4-2 · 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%
$4,035,000
6.5%
$3,725,000
7%
$3,460,000
Blend value · Realmo final
$2.91M
Range $2.62M – $3.20M · ±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
$216 / 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
$457,342
Tax year 2024
Assessed value
$4,447,800
Assessed 2024
Previous assessed
$4,205,700
+5.8% YoY
Effective rate
10.28%
On assessed value
Assessed land
$508,500
Assessed improvement
$3,939,300
Land market value
$1,130,000
Improvement market value
$8,754,000
Total market value
$9,884,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1918
Heating
NONE
Buildings
1
Stories
1
Units
2
Total area
13,460 SF
Lot
0.33 ac (14,330 SF)
Zoning code
C4-2
APN
06346-0005
UPID
US63-0163300
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C4-2 · Brooklyn, NY
Zoning C4-2 · permitted uses
C4-2 · 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.
Building & site characteristics
From public records
Year built
1918
Heating
NONE
Stories
1
Buildings
1
Units
2
Lot
0.33 ac
Current owner
From public records · entity-resolved
303-305 East 93 LLC
Entity
Mailing address
287 ABBEY RD, MANHASSET, NY 11030-2701
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2015
$20,250,000
303-305 East 93 LLC
2007 86th Street LLC
Grant Deed
—
Jan 6, 2014
$12,250,000
2007 86th Street LLC
Lido Realty LLC
Deed
$1,905,264 · New York Community Bank
Dec 23, 2008
—
Lido Realty LLC
—
Deed Of Trust
related
$9,790,000 · Intervest National Bank
Jul 18, 2007
$2,497,060
Lido Realty LLC
Benson1 LLC
Grant Deed
—
Sep 27, 2006
$3,233,576
Benson1 LLC
Lido Realty LLC
Grant Deed
—
Aug 14, 2006
$9,450,000
Lido Realty LLC
Benson Theatre LLC
Grant Deed
$6,500,000 · Intervest National Bank
—
—
2007 86th Street LLC
—
Loan Modification
related
$10,600,000 · New York Cmnty Bk
—
—
Rite Aid Of Ny INC
—
Deed Of Trust
related
—
—
—
Lido Realty LLC
—
Deed Of Trust
related
$9,185,761 · Intervest National Bank
—
—
Lido Realty LLC
—
Deed Of Trust
related
$3,382,088 · Intervest National Bank
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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