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Property profile & analytics
OFF-MARKET
Estimated value
$9,730,000
Office buildings
340 Livingston St Brooklyn, NY 11217-1008
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US63-1116325
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1920
Total area
16,570 SF
Lot
0.08 ac (3,529 SF)
Zoning code
C6-4
APN
00167-0003
UPID
US63-1116325
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
-
340 Livingston Association / Organization
-
AHRC NYC Brooklyn Day Services Social Service Agency Charitable Organization
-
Metro Feast Restaurant Buffet
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.33M
CAP Approach
CAP
$6.79M
Comparable Approach
Comparable
$9.39M
Blend (final)
Blend
$9.73M
Owner & transaction history
340 Livingston Development LLC · 3 yrs held
340 Livingston Development LLC
since 2023
Last sale
$11.3M
7 recorded transactions
Zoning & alternative use
C6-4 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$13.7M
+50.7%
Auto repair, garage
$13.2M
+44.3%
Retail stores
$12.8M
+39.9%
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
$11,275,000
ML approach
$8,330,000
CAP Approach
CAP Return
Estimation
6%
$7,350,000
6.5%
$6,785,000
7%
$6,300,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$9,120,000
Current use
COMMERCIAL (GENERAL)
$13,745,000
Change: +51% · Conversion: Easy
AUTO REPAIR, GARAGE
$13,165,000
Change: +44% · Conversion: Difficult
RETAIL STORES
$12,760,000
Change: +40% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$9,405,000
Change: +3% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$8,750,000
Change: -4% · Conversion: Easy
WAREHOUSE, STORAGE
$8,305,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$9.73M
Range $8.76M – $10.70M · ±10% · vs last sale $11.30M (Apr 4 2023)
Last sale anchor
$11.30M
Apr 4 2023
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
$587 / 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
$161,438
Tax year 2024
Assessed value
$1,547,550
Assessed 2024
Previous assessed
$1,415,700
+9.3% YoY
Effective rate
10.43%
On assessed value
Assessed land
$211,500
Assessed improvement
$1,336,050
Land market value
$470,000
Improvement market value
$2,969,000
Total market value
$3,439,000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1920
Heating
NONE
Buildings
1
Stories
4
Units
2
Total area
16,570 SF
Lot
0.08 ac (3,529 SF)
Zoning code
C6-4
APN
00167-0003
UPID
US63-1116325
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C6-4 · Brooklyn, NY
Zoning C6-4 · permitted uses
C6-4 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$9.1M
COMMERCIAL (GENERAL)
Est. value
$13.7M
AUTO REPAIR, GARAGE
Est. value
$13.2M
RETAIL STORES
Est. value
$12.8M
INDUSTRIAL (GENERAL)
Est. value
$9.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.8M
WAREHOUSE, STORAGE
Est. value
$8.3M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
INDUSTRIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1920
Heating
NONE
Stories
4
Buildings
1
Units
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
340 Livingston Development LLC
Entity
Mailing address
111 GREAT NCK RD STE #514, GREAT NECK, NY 11021-5405
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2023
$11,300,000
340 Livingston Development LLC
340 Livingston Group LLC
Deed
—
Jun 22, 2017
—
Kp Livingston LLC
Parpar Holdings, LP
Deed
$1,105,000 · Td Bank, N.a.
Jan 13, 2014
$8,300,000
Mm Livingston LLC
Livingston Equities LLC
Grant Deed
$3,935,760 · Lispenard Group LLC
Jul 13, 2004
—
Livingston Equities LLC
Patchogue Equities LLC
Grant Deed
related
—
—
—
340 Livingston Group LLC
—
Loan Modification
related
$5,000,000 · Lispenard Group LLC
—
—
340 Livingston Group LLC
—
Loan Modification
related
$5,395,000 · Bethpage FCU
—
—
Livingston Equities LLC
—
Deed Of Trust
related
$1,100,000 · Sovereign Bank
—
—
Livingston Equities LLC
—
Deed Of Trust
related
$86,115 · Independence Community Bank
—
—
Livingston Equities LLC
—
Deed Of Trust
related
$9,809 · Sovereign Bank
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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