Property profile

373-377 Kings Hwy Brooklyn, NY 11223

OFF-MARKET
Drive through restaurants
Property ID
US63-0875485
2,400 SF 0.19 ac lot Built 1931
Entity Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1931
Total area 2,400 SF
Lot 0.19 ac (8,400 SF)
Zoning code R7A
APN 06653-0027
UPID US63-0875485

Cap rate & NOI

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

Location

373-377 Kings Hwy Brooklyn, NY 11223
Brooklyn metro Census 42400 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$525k
CAP Approach CAP
by Request
Comparable Approach Comparable
$497k
Blend (final) Blend
$525k

Owner & transaction history

since 2012
2 recorded transactions
2012
$1.3M
2006
Price N/A

Zoning & alternative use

R7A · Brooklyn, NY
Top alternative use upside
Retail stores $630,000 +43.6%
Auto repair, garage $465,000 +5.6%

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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