Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    293 Ct St Brooklyn, NY 11231-0939
    Back to Search
    Property profile & analytics

    293 Ct St, Brooklyn, NY 11231-0939

    View on Map
    • Investment properties
    • 2,100 SF
    • 0.04 lot acres
    Off-Market
    Property ID
    US63-4169874
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $720,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Dr. Keith Heller / Dental Office
    • Dr. Danielle Bokhour / Dental Office
    • Midtown Dental Group Cobble Hill / Dental Office

    Property Details for 293 Ct St

    Year built
    1931
    Lot size
    0.04 lot acres
    Zone code
    R6A
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    00414-0006
    APU
    4140006

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jun 5, 2023 — 293 Court Street LLC — Deed · related $828k · Cross River Bank
    Mar 12, 2018 — 293 Court Street LLC — Loan Modification, Consolidation And Extension · related $700k · Cross River Bk
    Sep 17, 2008 — 293 Court Street LLC Anthony J Carone Intrafamily Transfer · related $450k · Flushing Savings Bank
    Jun 21, 2007 $483,000 Anthony J Carone Ianno,angelina B Grant Deed —
    — — Angelina B Ianno — Deed Of Trust · related $300k · Lawrence Stagno
    — — 293 Court Street LLC — Loan Modification · related $650k · Flushing Savings Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9948
    Latitude
    40.684
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $10,120
    $18,780
    $130,260
    $149,040
    -
    $313,000
    $2,171,000
    $2,484,000

    Comparable in this City

    • Value Estimation
      $3,005,000
      6,000 SF

      229 Smith St, Unit 5

      OFFICE/RESIDENTIAL (MIXED USE)
      229 Smith St, Brooklyn, NY 11231-5388
      View Details
    • Value Estimation
      $2,995,000
      5,958 SF

      283 Ct St

      OFFICE/RESIDENTIAL (MIXED USE)
      283 Ct St, Brooklyn, NY 11231
      View Details
    • Value Estimation
      $2,870,000
      5,700 SF

      420 Clinton St

      OFFICE/RESIDENTIAL (MIXED USE)
      420 Clinton St, Brooklyn, NY 11231-4280
      View Details
    • Value Estimation
      $2,655,000
      5,300 SF

      481 Ct St

      OFFICE/RESIDENTIAL (MIXED USE)
      481 Ct St, Brooklyn, NY 11231-4001
      View Details
    • Value Estimation
      $2,535,000
      5,000 SF

      100 1st Pl

      OFFICE/RESIDENTIAL (MIXED USE)
      100 1st Pl, Brooklyn, NY 11231-1492
      View Details
    • Value Estimation
      $2,880,000
      5,750 SF

      63 1st Pl, Unit 4

      OFFICE/RESIDENTIAL (MIXED USE)
      63 1st Pl, Brooklyn, NY 11231-4235
      View Details

    Similar Nearby for Sale

    • $3,100,000
      2,640 SF

      Brooklyn Multi-Unit Retail Opportunity

      Multi-family property with potential retail use in Brooklyn, NY.
      297 Smith St, Brooklyn, NY 11231
      View Details
    • $2,500,000
      0.04 Acres

      Gowanus Mixed-Use Development Opportunity

      Land in Brooklyn's rapidly transforming Gowanus neighborhood.
      123 3Rd St, Brooklyn, NY 11231
      View Details
    • Contact for pricing
      7,390 SF

      Iconic Bakery Turnkey Business Opportunity

      Two adjacent mixed-use buildings with a historic bakery business.
      212 Union St, Brooklyn, NY 11231
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,000 SF

      Retail Space in Brooklyn

      6,000 SF retail space available for rent.
      381 Van Brunt St, Brooklyn, NY 11231
      View Details
    • Contact for pricing
      20,901 SF

      Creative Office Space in Brooklyn

      20,901 SF creative office space with excellent natural light.
      92 3Rd St, Brooklyn, NY 11231
      View Details
    • Contact for pricing
      4,522 SF

      Red Hook Office with Parking

      Renovated office space with parking and optional warehouse space.
      170 Van Brunt St, Brooklyn, NY 11231
      View Details
    • Contact for pricing

      Red Hook Industrial Zoned Lot

      3.7 acre industrial lot in Red Hook available for lease.
      688 Court St, Brooklyn, NY 11231
      View Details
    • Contact for pricing
      1,600 SF

      Prime Retail Space in Brooklyn

      Located in Carroll Gardens with high foot and driving traffic.
      554 Court St, Brooklyn, NY 11231
      View Details
    • $9,500 /Mo
      1,559 SF

      Prime Retail Space on Court

      1,800 SF retail space with high visibility in Brooklyn.
      534 Court St, Brooklyn, NY 11231
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    293 Ct St
    Brooklyn, NY 11231-0939
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    293 Ct St, Brooklyn, NY, 11231
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!