Property profile

32 4th Ave Brooklyn, NY 11217

OFF-MARKET
Office buildings
Property ID
US63-5851959
7,200 SF 0.06 ac lot Built 1935
Entity Owned 17-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1935
Total area 7,200 SF
Lot 0.06 ac (2,400 SF)
Zoning code C44D
APN 00192-0034
UPID US63-5851959

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

32 4th Ave Brooklyn, NY 11217-1927
Brooklyn metro Census 3900 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.95M
Comparable Approach Comparable
$4.47M
Blend (final) Blend
$385k

Owner & transaction history

since 2009
Last sale
$6.0M
3 recorded transactions
2009
$1.5M
2008
$1.8M
1969
Price N/A

Zoning & alternative use

C44D · Brooklyn, NY
Top alternative use upside
Commercial (general) $6.0M +50.7%
Auto repair, garage $5.7M +44.3%
Retail stores $5.5M +39.9%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 32 4th Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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