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Property profile

2823 Mermaid Ave Brooklyn, NY 11224

OFF-MARKET
Investment properties
Property ID
US63-2596058
View Sample
3,541 SF 0.04 ac lot Built 1935
Entity Owned 9-yr Hold ~ Est. High Equity

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1935
Total area 3,541 SF
Lot 0.04 ac (1,573 SF)
Zoning code R7A
APN 07011-0052
UPID US63-2596058

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
  • Take-out & Catering Butcher

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2016
6 recorded transactions
2016
$1.2M
2013
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R7A · 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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