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Property profile & analytics
FOR SALE
Office buildings
2270 Kimball St Brooklyn, NY 11234
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US63-0789584
For Sale
1 / 2
$9,500,000
2270 Kimball St, Brooklyn, NY 11234
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
PROFESSIONAL BUILDING
Year built
1980
Total area
36,000 SF
Lot
0.89 ac (38,960 SF)
Zoning code
R4
APN
08556-0080
UPID
US63-0789584
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
-
Echo Laboratories Medical Laboratory
-
Yafit Azizian, PA Physician
-
Jing Zhao Dental Office
-
Degano Robert a DDS Dental Office
-
Dr. Marvin H. Wertentheil, MD Ophthalmologist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$14.74M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.16M
Owner & transaction history
2270 Kimball LLC · 1 yrs held
2270 Kimball LLC
since 2025
4 recorded transactions
Zoning & alternative use
R4 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$19.9M
+0.7%
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%
$15,965,000
6.5%
$14,740,000
7%
$13,685,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$19,815,000
Current use
RETAIL STORES
$19,945,000
Change: +1% · Conversion: Moderate
WAREHOUSE, STORAGE
$18,040,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$12.16M
Range $10.94M – $13.37M · ±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
$338 / 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
$395,973
Tax year 2024
Assessed value
$3,887,550
Assessed 2024
Previous assessed
$4,068,450
-4.4% YoY
Effective rate
10.19%
On assessed value
Assessed land
$623,700
Assessed improvement
$3,263,850
Land market value
$1,386,000
Improvement market value
$7,253,000
Total market value
$8,639,000
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
Office buildings
Use group
PROFESSIONAL BUILDING
Status
For Sale
Year built
1980
Heating
NONE
Buildings
1
Stories
2
Total area
36,000 SF
Lot
0.89 ac (38,960 SF)
Zoning code
R4
APN
08556-0080
UPID
US63-0789584
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R4 · Brooklyn, NY
Zoning R4 · permitted uses
R4 · 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
OFFICE BUILDING Current
Est. value
$19.8M
RETAIL STORES
Est. value
$19.9M
WAREHOUSE, STORAGE
Est. value
$18.0M
OFFICE BUILDING Current
RETAIL STORES
WAREHOUSE, STORAGE
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
1980
Heating
NONE
Stories
2
Buildings
1
Lot
0.89 ac
Current owner
From public records · entity-resolved
2270 Kimball LLC
Entity
Mailing address
2270 KIMBALL ST, BROOKLYN, NY 11234-5139
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2025
—
2270 Kimball LLC
—
Deed
related
$800,000 · Dime Community Bank
May 17, 2017
—
2270 Kimball LLC
—
Loan Modification, Consolidation And Extension
related
$7,000,000 · Td Bk NA
Aug 3, 2007
—
2270 Kimball LLC
—
Deed Of Trust
related
$7,600,000 · Capmark Bank
—
—
2270 Kimball LLC
—
Deed Of Trust
related
$4,532,163 · Capmark 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.
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?”
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