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Property profile & analytics
OFF-MARKET
Estimated value
$10,260,000
Office buildings
2701 Emmons Ave Brooklyn, NY 11235-2209
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US63-0210008
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1984
Total area
41,000 SF
Lot
0.57 ac (24,665 SF)
Zoning code
R5
APN
08790-0059
UPID
US63-0210008
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
-
New York Artificial Kidney Center Medical Clinic
-
Elena Frolova Physician
-
Dr. Winston Lee Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.26M
Owner & transaction history
2701 Emmons Avenue Project LLC · 9 yrs held
2701 Emmons Avenue Project LLC
since 2016
7 recorded transactions
Zoning & alternative use
R5 · 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
$250 / 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
$242,220
Tax year 2024
Assessed value
$3,046,050
Assessed 2024
Previous assessed
$2,806,650
+8.5% YoY
Effective rate
7.95%
On assessed value
Assessed land
$534,600
Assessed improvement
$2,511,450
Land market value
$1,188,000
Improvement market value
$5,581,000
Total market value
$6,769,000
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
1984
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
41,000 SF
Lot
0.57 ac (24,665 SF)
Zoning code
R5
APN
08790-0059
UPID
US63-0210008
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R5 · Brooklyn, NY
Zoning R5 · permitted uses
R5 · 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
1984
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.57 ac
Current owner
From public records · entity-resolved
2701 Emmons Avenue Project LLC
Entity
Mailing address
175 W CARVER ST STE #200, HUNTINGTON, NY 11743-3361
Ownership since
2016
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
Dec 26, 2024
—
2701 Emmons Avenue Project, LLC
—
Deed
related
$7,594,896 · Northfield Bank
Mar 18, 2019
—
2701 Emmons Avenue Project LLC
—
Grant Deed
related
$9,234,691 · M&t Bk
May 11, 2018
—
2701 Emmons Avenue Project LLC
—
Deed
related
$8,713,160 · M&t Bk
Oct 20, 2016
—
2701 Emmons Avenue Project LLC
—
Deed
related
$8,234,691 · M&t Bk
Sep 26, 2016
$12,000,000
2701 Emmons Avenue Project LLC
Emmons Associates LLC
Grant Deed
$4,230,309 · Private Individual
Aug 24, 2007
—
2701 Emmons Ave LLC
2701 Emmons LLC
Quit Claim Deed
related
—
—
—
2701 Emmons Avenue Project LLC
—
Deed Of Trust
related
$5,000,000 · Empire St Certified Dev
—
—
2701 Emmons Avenue Project LLC
—
Loan Modification, Consolidation And Extension
related
$8,234,691 · M&t Bk
—
—
2701 Emmons Avenue Project LLC
—
Loan Modification
related
$8,713,160 · M&t Bk
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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