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Property profile & analytics
OFF-MARKET
Estimated value
$11,175,000
Manufacturing properties
222 44th St Brooklyn, NY 11232-2816
Individually Owned
3-yr Hold
Free & Clear
Property ID
US63-3395939
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1918
Total area
39,600 SF
Lot
0.32 ac (14,073 SF)
Zoning code
M1-2
APN
00736-0013
UPID
US63-3395939
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
-
Concept lab Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$10.84M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.18M
Owner & transaction history
Mesorah Publications Ltd · 3 yrs held
Mesorah Publications Ltd
since 2022
5 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%
$11,740,000
6.5%
$10,840,000
7%
$10,065,000
Blend value · Realmo final
$11.18M
Range $10.06M – $12.29M · ±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
$282 / 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
$166,929
Tax year 2024
Assessed value
$2,447,550
Assessed 2024
Previous assessed
$1,309,050
+87.0% YoY
Effective rate
6.82%
On assessed value
Assessed land
$253,350
Assessed improvement
$2,194,200
Land market value
$563,000
Improvement market value
$4,876,000
Total market value
$5,439,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1918
Heating
NONE
Buildings
1
Stories
4
Units
2
Total area
39,600 SF
Lot
0.32 ac (14,073 SF)
Zoning code
M1-2
APN
00736-0013
UPID
US63-3395939
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.
Building & site characteristics
From public records
Year built
1918
Heating
NONE
Stories
4
Buildings
1
Units
2
Lot
0.32 ac
Current owner
From public records · entity-resolved
Mesorah Publications Ltd
Individual
Free & Clear · 3 yrs held
Mailing address
313 REGINA AVE, RAHWAY, NJ 07065-4854
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2022
—
Mesorah Publications Ltd
Sefercraft Binding LLC
Deed
—
Jul 5, 2019
—
222 45 Vaeg LLC
—
Grant Deed
related
$15,000,000 · S3 Re Funding III LLC
Feb 22, 2019
—
Mesorah Publications Ltd
—
Deed
related
$5,350,000 · Cross River Bank
Aug 24, 2011
—
Mesorah Publications Ltd & Sef
Mesorah Publications Ltd
Quit Claim Deed
related
$6,654,230 · Bank Leumi USA
May 22, 1996
$385,000
Mesorah Publications Ltd
Migdal Realty Corp
Grant Deed
$350,000 · The National 1031 Exchange Cor
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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