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Property profile & analytics
OFF-MARKET
Estimated value
$2,750,000
Commercial real estate
229 Hawthorne St Brooklyn, NY 11225-3954
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-3454338
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1899
Total area
3,270 SF
Lot
0.14 ac (6,012 SF)
Zoning code
R6
APN
05044-0079
UPID
US63-3454338
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
-
Home in Brooklyn Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.92M
CAP Approach
CAP
$1.83M
Comparable Approach
Comparable
$1.88M
Blend (final)
Blend
$2.75M
Owner & transaction history
Jackson Camara · 1 yrs held
Jackson Camara
since 2025
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
R6 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.6M
+88.5%
Retail stores
$2.5M
+82.7%
Office building
$1.8M
+30.6%
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
$2,880,000
ML approach
$2,915,000
CAP Approach
CAP Return
Estimation
6%
$1,980,000
6.5%
$1,825,000
7%
$1,695,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,600,000
Change: +89% · Conversion: Difficult
RETAIL STORES
$2,520,000
Change: +83% · Conversion: Easy
OFFICE BUILDING
$1,800,000
Change: +31% · Conversion: Easy
Blend value · Realmo final
$2.75M
Range $2.48M – $3.03M · ±10% · vs last sale $2.60M (Aug 20 2021)
Last sale anchor
$2.60M
Aug 20 2021
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
$841 / 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
$28,560
Tax year 2024
Assessed value
$357,300
Assessed 2024
Previous assessed
$291,150
+22.7% YoY
Effective rate
7.99%
On assessed value
Assessed land
$357,300
Land market value
$794,000
Total market value
$794,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1899
Heating
NONE
Stories
3
Total area
3,270 SF
Lot
0.14 ac (6,012 SF)
Zoning code
R6
APN
05044-0079
UPID
US63-3454338
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
AUTO REPAIR, GARAGE
Est. value
$2.6M
RETAIL STORES
Est. value
$2.5M
OFFICE BUILDING
Est. value
$1.8M
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
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
1899
Heating
NONE
Stories
3
Lot
0.14 ac
Current owner
From public records · entity-resolved
Jackson Camara
Individual
Mailing address
543 DEKALB AVE APT 2A, BROOKLYN, NY 11205-5104
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2025
$1,085,000
Jackson Camara
Aha Hawthorne LLC
Deed
$759,500 · East Coast Capital Corp.
Aug 22, 2024
$745,000
Brittany Mccarrick Clark
Aha Hawthorne LLC
Deed
$707,750 · Mers
Jun 4, 2024
$1,045,000
Corey Greenblatt
Aha Hawthorne LLC
Deed
$815,000 · Valley National Bank
May 3, 2024
$1,600,000
Eric Cavanaugh
Aha Hawthorne LLC
Deed
—
Apr 30, 2024
$1,111,000
Phyllis B Brower
Aha Hawthorne LLC
Deed
$715,000 · Jpmorgan Chase Bank, N.a.
Apr 19, 2024
$712,775
Jackson Camara
Aha Hawthorne LLC
Deed
$525,000 · Mers
Apr 13, 2022
—
Aha Hawthorne LLC
—
Deed
related
$1,171,049 · Popular Bank
Aug 20, 2021
$2,600,000
Aha Hawthorne LLC
229 Hawthorne Plaza LLC
Deed
$1,400,000 · Melk Holding LLC
Jan 13, 2017
$1,650,000
229 Hawthorne Plaza LLC
Gabriel,phoebe
Grant Deed
—
—
—
Phoebe Gabriel
—
Deed Of Trust
related
$215,000 · Apple Bank For Savings
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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