Property profile

229 53rd St Brooklyn, NY 11220

OFF-MARKET
Auto shops
Property ID
US63-0181071
1,600 SF 0.05 ac lot Built 1931
Individually Owned 28-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1931
Total area 1,600 SF
Lot 0.05 ac (2,003 SF)
Zoning code M12D
APN 00805-0071
UPID US63-0181071

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

229 53rd St Brooklyn, NY 11220
Brooklyn metro Census 2000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

Zoning & alternative use

M12D · 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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