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Property profile & analytics
OFF-MARKET
Estimated value
$3,210,000
Office buildings
2546 17th St Brooklyn, NY 11235-3560
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-5790872
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2010
Total area
6,485 SF
Lot
0.05 ac (2,304 SF)
Zoning code
C8-1
APN
07437-0025
UPID
US63-5790872
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
-
Future Care Internal Medicina - Brooklyn Medical Clinic
-
Allied Health Staffing Inc Employment Agency
-
Brainy Academy Tutoring and Enrichment Services Tutoring Service
-
All Around Trans Inc Ambulance Service
-
TDL Medical PC Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.26M
CAP Approach
CAP
$2.66M
Comparable Approach
Comparable
$3.23M
Blend (final)
Blend
$3.21M
Owner & transaction history
2546 Valgar Realty LLC · 4 yrs held
2546 Valgar Realty LLC
since 2021
Last sale
$3.1M
7 recorded transactions
Zoning & alternative use
C8-1 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.2M
+59.1%
Retail stores
$4.9M
+51.2%
Industrial (general)
$3.7M
+13.7%
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
$3,405,000
ML approach
$3,260,000
CAP Approach
CAP Return
Estimation
6%
$2,875,000
6.5%
$2,655,000
7%
$2,465,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,240,000
Current use
AUTO REPAIR, GARAGE
$5,155,000
Change: +59% · Conversion: Difficult
RETAIL STORES
$4,895,000
Change: +51% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$3,680,000
Change: +14% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,250,000
Change: +0% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,735,000
Change: -16% · Conversion: Easy
Blend value · Realmo final
$3.21M
Range $2.89M – $3.53M · ±10% · vs last sale $3.08M (Jul 20 2021)
Last sale anchor
$3.08M
Jul 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
$495 / 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
$51,725
Tax year 2024
Assessed value
$537,300
Assessed 2024
Previous assessed
$534,600
+0.5% YoY
Effective rate
9.63%
On assessed value
Assessed land
$61,650
Assessed improvement
$475,650
Land market value
$137,000
Improvement market value
$1,057,000
Total market value
$1,194,000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
2010
Heating
NONE
Buildings
1
Stories
3
Units
4
Total area
6,485 SF
Lot
0.05 ac (2,304 SF)
Zoning code
C8-1
APN
07437-0025
UPID
US63-5790872
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C8-1 · Brooklyn, NY
Zoning C8-1 · permitted uses
C8-1 · 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
OFFICE BUILDING Current
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$5.2M
RETAIL STORES
Est. value
$4.9M
INDUSTRIAL (GENERAL)
Est. value
$3.7M
WAREHOUSE, STORAGE
Est. value
$3.3M
COMMERCIAL (GENERAL)
Est. value
$2.7M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
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
2010
Heating
NONE
Stories
3
Buildings
1
Units
4
Lot
0.05 ac
Current owner
From public records · entity-resolved
2546 Valgar Realty LLC
Entity
Mailing address
2546 E 17TH ST, BROOKLYN, NY 11235-3560
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2021
$3,075,000
2546 Valgar Realty LLC
2546 E 17th Realty LLC
Deed
$3,615 · Webster Bank, N.a.
Oct 7, 2019
$2,650,000
2546 E 17th Street LLC
2546 East 17 Street Realty LLC
Deed
$693,592 · Webster Bank, N.a.
Jan 8, 2009
—
East 17th Street Realty L 2546
Kremerman,mikhail
Grant Deed
—
Mar 4, 2008
$620,000
Dmitry Tsepenyuk
Kogan,yevgeniy & Galina
Grant Deed
—
Mar 4, 2008
—
Mikhail Kremerman
Tsepenyuk,dmitry
Grant Deed
related
—
—
—
2546 East 17th St Realty LLC
—
Loan Modification
related
$1,365,000 · Cross County Savings Bank
—
—
2546 E 17th Realty LLC
—
Loan Modification
related
$1,855,000 · Webster Bk NA
—
—
2546 East 17th Street Rlty LLC
—
Deed Of Trust
related
$1,625,000 · Bethpage FCU
—
—
Mikhail Kremerman
—
Deed Of Trust
related
$417,000 · Phh Mortgage Services Corp
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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