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    248 5th Ave Brooklyn, NY 11215-1201
    Property profile & analytics

    248 5th Ave, Brooklyn, NY 11215-1201

    View on Map

    • Retail residential properties
    • 5,440 SF
    • 0.04 lot acres
    Off-Market
    Property ID
    US63-3061158
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,340,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • al di la Trattoria / Restaurant

    Property Details for 248 5th Ave

    Year built
    1920
    Lot size
    0.04 lot acres
    Zone code
    R6A
    Property type
    Retail residential properties
    APN
    00958-0050
    APU
    9580050

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Nov 16, 2022 — 248 5th Avenue Realty Corp. — Deed · related $400k · Alma Bank
    Jun 22, 2018 — 695 Union Street LLC — Loan Modification · related $6.2M · Dime Cmnty Bk
    — — 695 Union Street LLC — Loan Modification · related $3.3M · Investors Bank & Trust
    — — 21 Sterling Place LLC — Loan Modification · related $6.9M · Investors Bank & Trust
    — — 248 5th Avenue Realty Corp — Deed Of Trust · related $814k · Dime Cmnty Bk
    — — 248 5th Avenue Realty Corp — Deed Of Trust · related $6.9M · Dime Cmnty Bk
    — — 248 5th Avenue Realty Corp — Loan Modification · related $4M · Dime Cmnty Bk
    — — 248 5th Avenue Realty Corp — Deed Of Trust · related $1.4M · Washington Mutual Fsb
    — — 248 5th Avenue Realty Corp — Deed Of Trust · related $783k · Washington Mutual Fsb
    — — 248 5th Avenue Realty Corp — Deed Of Trust · related $743k · Capital One
    — — 248 5th Avenue Realty Corp — Deed Of Trust · related $2M · Capital One

    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $3,290,000
      6.5%
      $3,040,000
      7%
      $2,820,000
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $3,730,000
      Current use
      INDUSTRIAL (GENERAL)
      $3,090,000
      Change: -17% Conversion: Moderate
      OFFICE BUILDING
      $2,995,000
      Change: -20% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9815
    Latitude
    40.6753
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $20,036
    $27,900
    $914,850
    $942,750
    -
    $62,000
    $2,033,000
    $2,095,000
    More about this property
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