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Property profile & analytics
FOR LEASE
Office buildings
260 Broadway Brooklyn, NY 11211-8433
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US63-0789567
For Lease
1 / 10
$40 SF/Yr
260 Broadway, Brooklyn, NY 11211-8433
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1908
Total area
15,914 SF
Lot
0.1 ac (4,360 SF)
Zoning code
C4-3
APN
02140-0021
UPID
US63-0789567
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
-
Bridging Access to Care (formerly Brooklyn Aids Task Force) Social Service Agency Charitable Organization
-
Corinne Lawrence Physician Medical Clinic
-
Jeremy Boim Pharmacy
-
BATF Inc Social Service Agency Charitable Organization
-
Heather Bowman Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.87M
Owner & transaction history
Brooklyn Legal Services Corporation · 6 yrs held
Brooklyn Legal Services Corporation
since 2019
7 recorded transactions
Zoning & alternative use
C4-3 · 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
$243 / 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
$42,825
Tax year 2024
Assessed value
$918,900
Assessed 2024
Previous assessed
$768,600
+19.6% YoY
Effective rate
4.66%
On assessed value
Assessed land
$88,200
Assessed improvement
$830,700
Land market value
$196,000
Improvement market value
$1,846,000
Total market value
$2,042,000
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
For Lease
Year built
1908
Heating
NONE
Buildings
1
Stories
4
Units
6
Total area
15,914 SF
Lot
0.1 ac (4,360 SF)
Zoning code
C4-3
APN
02140-0021
UPID
US63-0789567
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C4-3 · Brooklyn, NY
Zoning C4-3 · permitted uses
C4-3 · 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
1908
Heating
NONE
Stories
4
Buildings
1
Units
6
Lot
0.1 ac
Current owner
From public records · entity-resolved
Brooklyn Legal Services Corporation
Entity
Mailing address
260 BROADWAY 2ND STE #2, BROOKLYN, NY 11211-6229
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2019
—
Brooklyn Legal Services Corporation
—
Deed
related
$350,000 · Citizens Bank, N A
Apr 16, 2019
—
Brooklyn Legal Services Corporation
—
Deed
related
$1,250,000 · Citizens Bank, N A
Oct 20, 2017
—
Brooklyn Legal Services Corp A
—
Deed
related
$1,250,000 · Santander Bk NA
Aug 10, 2016
—
Brooklyn Legal Services Corp A
—
Deed
related
$1,800,000 · Santander Bk NA
May 13, 2016
—
Brooklyn Legal Services Corp A
—
Deed
related
$1,000,000 · Santander Bk NA
—
—
Brooklyn Legal Services Corp
—
Deed Of Trust
related
$600,000 · Brooklyn Fsb
—
—
Brooklyn Legal Services Corp
—
Deed Of Trust
related
$120,804 · Brooklyn Fsb
—
—
Brooklyn Legal Services Corp
—
Loan Modification
related
$2,300,000 · Citizens Bk NA
—
—
Brooklyn Legal Services Corp
—
Deed Of Trust
related
$345,284 · Sovereign Bank
—
—
Brooklyn Legal Services Corp
—
Deed Of Trust
related
$1,500,000 · Sovereign Bank
—
—
Brooklyn Legal Services Corp
—
Deed Of Trust
related
$250,000 · Legal Svcs For New York City
—
—
Brooklyn Legal Services Corp
—
Deed Of Trust
related
$500,000 · Sovereign Bank
—
—
Brooklyn Legal Services Corp
—
Deed Of Trust
related
$600,000 · Brooklyn Fsb
—
—
Brooklyn Legal Services Corp A
—
Loan Modification
related
$1,000,000 · Santander Bk NA
—
—
Brooklyn Legal Services Corp A
—
Loan Modification, Consolidation And Extension
related
$1,800,000 · Santander Bk NA
—
—
Brooklyn Legal Services Corp A
—
Loan Modification
related
$1,250,000 · Santander Bk NA
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?”
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