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Property profile & analytics
OFF-MARKET
Estimated value
$3,110,000
Retail residential properties
2777 Atlantic Ave, Brooklyn, NY 11207-2812
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-0848831
Property profile
Verified
Property type
Retail residential properties
Use group
STORES & APARTMENTS
Year built
2022
Total area
36,323 SF
Lot
0.15 ac (6,384 SF)
Zoning code
R8A
APN
03946-0042
UPID
US63-0848831
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
-
Life Church Church
-
Four boro enterprise Apartment Complex
-
Successful Food Service Equipment Inc. Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.34M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.05M
Blend (final)
Blend
$3.11M
Owner & transaction history
Yc Atlantic 2 LLC · 4 yrs held
Yc Atlantic 2 LLC
since 2021
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
R8A · 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
$3,265,000
ML approach
$3,340,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.11M
Range $2.80M – $3.42M · ±10% · vs last sale $2.95M (Sep 9 2021)
Last sale anchor
$2.95M
Sep 9 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
$86 / 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
$69,311
Tax year 2024
Assessed value
$642,150
Assessed 2024
Previous assessed
$232,650
+176.0% YoY
Effective rate
10.79%
On assessed value
Assessed land
$232,650
Assessed improvement
$409,500
Land market value
$517,000
Improvement market value
$910,000
Total market value
$1,427,000
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
Retail residential properties
Use group
STORES & APARTMENTS
Status
Off-Market
Year built
2022
Heating
NONE
Stories
8
Units
64
Total area
36,323 SF
Lot
0.15 ac (6,384 SF)
Zoning code
R8A
APN
03946-0042
UPID
US63-0848831
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R8A · Brooklyn, NY
Zoning R8A · permitted uses
R8A · 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
2022
Heating
NONE
Stories
8
Units
64
Lot
0.15 ac
Current owner
From public records · entity-resolved
Yc Atlantic 2 LLC
Entity
Mailing address
5314 16TH AVE, BROOKLYN, NY 11204-1425
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 22, 2024
—
Yc Atlantic 2 LLC
—
Deed
related
$10,210,038 · Citi Real Estate Funding INC.
May 31, 2023
—
Yc Atlantic 2 LLC
—
Deed
related
$3,384,692 · Popular Bank
Feb 1, 2023
—
Levon Ny Cxxiii LLC
—
Deed
related
—
Jan 31, 2023
—
Yc Atlantic 2 LLC
—
Deed
related
$800,000 · Levon Ny Cxxiii LLC
Dec 19, 2022
—
Yc Atlantic 2 LLC
—
Deed
related
$2,200,000 · Auschwitz Memorial House Of Prayer
Oct 22, 2021
—
Yc Atlantic 2 LLC
—
Deed
related
$2,000,000 · Clddj LLC
Sep 9, 2021
$2,950,000
Yc Atlantic 2 LLC
2771 Atlantic Realty LLC
Deed
—
Feb 18, 2020
—
2771 Atlantic Realty LLC
—
Deed
related
$2,000,000 · Metropolitan Com'l Bk
Jun 2, 2015
$1,610,000
2771 Atlantic Realty LLC
Brintauch,batia
Trustees Deed
$1,100,000 · Michael Taubenblat
—
—
Josef Brintauch
—
Deed Of Trust
related
$24,960 · Independence Community Bank
—
—
2771 Atlantic Realty LLC
—
Loan Modification, Consolidation And Extension
related
$1,900,000 · Fieldpoint Pvt Bk & Tr
—
—
2771 Atlantic Realty LLC
—
Loan Modification
related
$2,000,000 · Metropolitan Com'l Bk
—
—
Batia Brintauch
—
Deed Of Trust
related
$994,500 · Bay Ridge FCU
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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