Property profile

2623 16th St Brooklyn, NY 11235

OFF-MARKET
Retail space
Property ID
US63-0864183
2,250 SF 0.06 ac lot Built 1927
Entity Owned 15-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1927
Total area 2,250 SF
Lot 0.06 ac (2,525 SF)
Zoning code C4-2
APN 07460-0095
UPID US63-0864183

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
  • Physician
  • Physician
  • Restaurant
  • Law Firm

Location

2623 16th St Brooklyn, NY 11235-3805
Brooklyn metro Census 60600 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$460k

Owner & transaction history

since 2011
3 recorded transactions
2011
$1.1M
2009
Price N/A
2008
Price N/A

Zoning & alternative use

C4-2 · Brooklyn, NY

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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