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Property profile & analytics
OFF-MARKET
Estimated value
$9,575,000
Warehouses
2727 Knapp St Brooklyn, NY 11235-1011
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US63-0802061
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2015
Total area
102,932 SF
Lot
2.29 ac (99,665 SF)
Zoning code
C8-1
APN
08839-0053
UPID
US63-0802061
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
-
Metro Self Storage - Brooklyn Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.15M
Blend (final)
Blend
$9.58M
Owner & transaction history
Knapp Storage Spe LLC · 7 yrs held
Knapp Storage Spe LLC
since 2019
7 recorded transactions
Zoning & alternative use
C8-1 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.58M
Range $8.62M – $10.53M · ±10%
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
$93 / 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
$601,217
Tax year 2024
Assessed value
$6,050,700
Assessed 2024
Previous assessed
$6,813,450
-11.2% YoY
Effective rate
9.94%
On assessed value
Assessed land
$1,166,400
Assessed improvement
$4,884,300
Land market value
$2,592,000
Improvement market value
$10,854,000
Total market value
$13,446,000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2015
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
102,932 SF
Lot
2.29 ac (99,665 SF)
Zoning code
C8-1
APN
08839-0053
UPID
US63-0802061
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C8-1 · Brooklyn, NYZoning 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
Building & site characteristics
From public records
Year built
2015
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
2.29 ac
Current owner
From public records · entity-resolved
Knapp Storage Spe LLC
Entity
Mailing address
13528 W BOULTON BLVD, METTAWA, IL 60045-4501
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2021
—
Knapp Storage Spe, LLC
—
Deed
related
$687,000 · Fs Creit Originator LLC
Jan 4, 2019
—
Knapp Storage Spe LLC
2727 Knapp Street Storage LLC
Quit Claim Deed
$11,259,083 · Rcc R/e
Apr 16, 2014
—
2727 Knapp Street Storage LLC
—
Trustees Deed
related
$9,983,853 · Wells Fargo Bk
Sep 30, 2013
$5,275,000
2727 Knapp Street Storage LLC
Knapp Street Dev LLC
Grant Deed
related
—
Jun 19, 2012
—
Knapp Street Dev LLC
Super Knapp Dev Corp
Quit Claim Deed
related
—
Jul 16, 2010
—
Knapp Street Dev LLC
Super Knapp Dev Corp
Quit Claim Deed
related
—
Nov 4, 2009
—
Knapp Street Dev LLC
Super Knapp Dev Corp
Quit Claim Deed
related
—
—
—
Knapp Storage Spe LLC
—
Loan Modification
related
$26,700,000 · Rcc R/e
—
—
2727 Knapp Street Storage LLC
—
Deed Of Trust
related
$5,926,147 · Wells Fargo 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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