Property profile

388-390 Cres St Brooklyn, NY 11208

OFF-MARKET
Retail residential properties
Property ID
US63-0302412
13,000 SF 0.09 ac lot Built 1910
Entity Owned 17-yr Hold Free & Clear
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Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1910
Total area 13,000 SF
Lot 0.09 ac (4,000 SF)
Zoning code R5
APN 04165-0031
UPID US63-0302412

Cap rate & NOI

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

Location

388-390 Cres St Brooklyn, NY 11208
Brooklyn metro Census 119000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.98M
Blend (final) Blend
$520k

Owner & transaction history

since 2009
3 recorded transactions
2009
$1.0M
2005
$905,000
2005
$20,000

Zoning & alternative use

R5 · 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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