Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$6,400,000
Apartment buildings
212 Crown St 220 Brooklyn, NY 11225-2360
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US63-2444113
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1927
Total area
38,500 SF
Lot
0.25 ac (10,775 SF)
Zoning code
R6
APN
01296-0008
UPID
US63-2444113
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
-
Related Management Property Management Company
-
Giovanni's Clean&Go LLC Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.46M
Blend (final)
Blend
$6.40M
Owner & transaction history
Hp Plaza Apartments Hsng Dev F · 11 yrs held
Hp Plaza Apartments Hsng Dev F
since 2015
7 recorded transactions
Zoning & alternative use
R6 · 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
APARTMENT HOUSE (5+ UNITS)
$7,015,000
Current use
Blend value · Realmo final
$6.40M
Range $5.76M – $7.04M · ±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
$166 / 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
Assessed value
$2,126,700
Assessed 2024
Previous assessed
$2,458,350
-13.5% YoY
Assessed land
$121,050
Assessed improvement
$2,005,650
Land market value
$269,000
Improvement market value
$4,457,000
Total market value
$4,726,000
Applied tax rate
2.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1927
Heating
NONE
Buildings
1
Stories
4
Units
35
Total area
38,500 SF
Lot
0.25 ac (10,775 SF)
Zoning code
R6
APN
01296-0008
UPID
US63-2444113
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R6 · Brooklyn, NY
Zoning R6 · permitted uses
R6 · 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
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$7.0M
APARTMENT HOUSE (5+ UNITS) 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
1927
Heating
NONE
Stories
4
Buildings
1
Units
35
Lot
0.25 ac
Current owner
From public records · entity-resolved
Hp Plaza Apartments Hsng Dev F
Individual
Mailing address
212 CROWN ST, BROOKLYN, NY 11225-2360
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2019
—
Plaza Apartments Owner LLC
—
Grant Deed
related
$27,448,000 · Capital One NA
Jun 9, 2015
$28,850,000
Hp Plaza Apartments Hsng Dev F
Htgg Realty Co LLC
Trustees Deed
$3,671,629 · Mercantil Commercebank
Jun 5, 2012
$12,400,000
Htgg Realty Co LLC
212 Crown Realty LLC
Grant Deed
$266,821 · New York Community Bank
Feb 27, 2008
—
212 Crown Realty LLC
—
Deed Of Trust
related
$1,100,000 · Ncc Funding Sp LLC
Feb 13, 2006
$8,850,000
212 Crown Realty LLC
Plaza Associates
Grant Deed
$7,380,000 · New York Community Bank
—
—
Plaza Apartment Owners LLC
—
Loan Modification, Consolidation And Extension
related
$14,900,000 · Mercantil Commercebank
—
—
Htgg Realty Co LLC
—
Deed Of Trust
related
$2,625,000 · New York Cmnty Bk
—
—
212 Crown Realty LLC
—
Deed Of Trust
related
$700,000 · Benzion Frankel PC
—
—
212 Crown Realty LLC
—
Deed Of Trust
related
$400,000 · Ncc Capital LLC
—
—
212 Crown Realty LLC
—
Deed Of Trust
related
$499,999 · Ncc Holdings LLC
—
—
212 Crown Realty LLC
—
Deed Of Trust
related
$570,000 · Citibank NA
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 212 Crown St, Unit 220?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
