Back to Search
Property profile & analytics
OFF-MARKET
Banks
2361 Nostrand Ave Brooklyn, NY 11210-3902
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US63-0995076
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2016
Total area
76,857 SF
Lot
0.24 ac (10,500 SF)
Zoning code
R6
APN
07594-0011
UPID
US63-0995076
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
-
Glazzio Tiles Carpet & Flooring Store Hardware & Home Improvement
-
Net Power Electric Corporation Electrical Service General Contractor
-
The Marcal Group Construction Company General Contractor
-
Dynamic Respiratory Services Home Health Care Service
-
Jacobowitz Newman Tversky LLP Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Nostrand Place 2 LLC · 4 yrs held
Nostrand Place 2 LLC
since 2021
5 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$567,947
Tax year 2024
Assessed value
$5,809,050
Assessed 2024
Previous assessed
$5,802,750
+0.1% YoY
Effective rate
9.78%
On assessed value
Assessed land
$556,200
Assessed improvement
$5,252,850
Land market value
$1,236,000
Improvement market value
$11,673,000
Total market value
$12,909,000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2016
Heating
NONE
Buildings
2
Stories
9
Units
1
Total area
76,857 SF
Lot
0.24 ac (10,500 SF)
Zoning code
R6
APN
07594-0011
UPID
US63-0995076
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.
Building & site characteristics
From public records
Year built
2016
Heating
NONE
Stories
9
Buildings
2
Units
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Nostrand Place 2 LLC
Entity
Mailing address
2674 WYNDSOR OAKS WAY, WINTER HAVEN, FL 33884-3079
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Sep 24, 2021
—
Nostrand Place 2 LLC
—
Deed
related
$2,289,242 · Valley National Bank
Jul 25, 2017
—
Nostrand Place 2 LLC
—
Deed
related
$1,900,000 · Bank Leumi USA
—
—
Nostrand Place 2 LLC
—
Deed Of Trust
related
$10,569,188 · Bank Leumi USA
—
—
Nostrand Place 2 LLC
—
Deed Of Trust
related
$1,930,812 · Bank Leumi USA
—
—
Nostrand Place 2 LLC
—
Deed Of Trust
related
$1,900,000 · Bank Leumi USA
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 2361 Nostrand Ave?
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.
