Property profile

37-39 Grand Ave Brooklyn, NY 11205

OFF-MARKET
Industrial properties
Property ID
US63-5827711
11,600 SF 0.19 ac lot Built 1925
Entity Owned 22-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Industrial properties
Use group PRINTING, PUBLISHING (LIGHT INDUSTRIAL)
Year built 1925
Total area 11,600 SF
Lot 0.19 ac (8,291 SF)
Zoning code M1-2
APN 01878-0006
UPID US63-5827711

Cap rate & NOI

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

Location

37-39 Grand Ave Brooklyn, NY 11205
Brooklyn metro Census 21100 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$580k
CAP Approach CAP
by Request
Comparable Approach Comparable
$604k
Blend (final) Blend
$580k

Owner & transaction history

since 2004
1 recorded transaction
2004
Price N/A

Zoning & alternative use

M1-2 · Brooklyn, NY
Top alternative use upside
Warehouse, storage $855,000 +69.4%
Industrial (general) $835,000 +66.0%

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 37-39 Grand 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