Property profile

24 Reed St Brooklyn, NY 11231

OFF-MARKET
Drive through restaurants
Property ID
US63-4838305
3,735 SF 0.37 ac lot Built 2012
Entity Owned 16-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2012
Total area 3,735 SF
Lot 0.37 ac (16,000 SF)
Zoning code M11R5
APN 00610-0014
UPID US63-4838305

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Tour Operator Travel Agency
  • Restaurant

Location

24 Reed St Brooklyn, NY 11231-1006
Brooklyn metro Census 5301 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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$760k

Owner & transaction history

Zoning & alternative use

M11R5 · Brooklyn, NY
Top alternative use upside
Retail stores $900,000 +31.7%
Auto repair, garage $730,000 +7.4%

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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