Property profile

2934 Gerritsen Ave 2938 Brooklyn, NY 11229

OFF-MARKET
Office buildings
Property ID
US63-2114415
2,738 SF 0.05 ac lot Built 1920
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1920
Total area 2,738 SF
Lot 0.05 ac (2,025 SF)
Zoning code R4
APN 08907-0524
UPID US63-2114415

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
  • Charitable Organization Social Service Agency
  • Daycare Center

Location

2934 Gerritsen Ave, Unit 2938 Brooklyn, NY 11229-6029
Brooklyn metro Census 62800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.15M
CAP Approach CAP
$1.12M
Comparable Approach Comparable
$991k
Blend (final) Blend
$1.15M

Owner & transaction history

since 2024
Last sale
$1.2M
3 recorded transactions
2024
$1.2M
2022
$600,000
2018
Price N/A

Zoning & alternative use

R4 · 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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