Property profile

340 Melrose St Brooklyn, NY 11237

OFF-MARKET
Auto shops
Property ID
US63-4572292
0.06 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Lot 0.06 ac (2,500 SF)
Zoning code R6
APN 03165-0021
UPID US63-4572292

Cap rate & NOI

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

Location

340 Melrose St Brooklyn, NY 11237-1904
Brooklyn metro Census 42700 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.25M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.25M

Owner & transaction history

since 2024
Last sale
$1.3M
4 recorded transactions
2024
Price N/A
2024
$1.3M
2014
Price N/A
2005
Price N/A

Zoning & alternative use

R6 · 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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