Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    4701 13th Ave Brooklyn, NY 11219-2602
    Back to Search
    Property profile & analytics

    4701 13th Ave, Brooklyn, NY 11219-2602

    View on Map
    • Specialty properties
    • 2,508 SF
    • 0.04 lot acres
    Off-Market
    Property ID
    US63-1150348
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Bank of America ATM / Atm / Financial Consultant
    • Bank of America (Lobby Service Only) / Bank / Loan Service

    Property Details for 4701 13th Ave

    Year built
    2009
    Lot size
    0.04 lot acres
    Zone code
    C4-3
    Property type
    Specialty properties
    APN
    05629-0009
    APU
    56290009

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    May 26, 2021 — 4701 LLC — Deed · related $1M · Investors Bank
    Nov 5, 2012 — 4701 LLC — Grant Deed · related $8.4M · Investors Bank & Trust
    May 18, 2010 $12,000,000 4701 LLC 4701 13th Avenue Realty LLC Trustees Deed · related $1.4M · Investors Savings Bank Fsb
    May 18, 2010 — 4701 LLC — Deed Of Trust · related $8.4M · Investors Savings Bank Fsb
    Jun 5, 2008 $3,400,000 4701 13th Avenue Realty LLC Mirav Realty LLC Deed $6.6M · Manufacturers And Traders Trust Com
    — — 4701 LLC — Deed Of Trust · related $402k · Investors Bank & Trust

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Brooklyn
    County
    Kings
    State
    New York
    Longitude
    -73.9908
    Latitude
    40.6359
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $31,649
    $67,500
    $231,300
    $298,800
    -
    $150,000
    $514,000
    $664,000

    Comparable in this City

    • Value Estimation
      $570,000
      3,870 SF

      1301 65th St

      FUNERAL HOME
      1301 65th St, Brooklyn, NY 11219-5617
      View Details
    • Value Estimation
      $4,325,000
      6,360 SF

      5424 New Utrecht Ave

      FUNERAL HOME
      5424 New Utrecht Ave, Brooklyn, NY 11219
      View Details
    • Value Estimation
      $1,290,000
      22,050 SF

      4920 14th Ave

      PROFESSIONAL CLUBS/ASSOCIATIONS
      4920 14th Ave, Brooklyn, NY 11219
      View Details
    • Value Estimation
      $1,030,000
      10,866 SF

      4612 13th Ave

      FUNERAL HOME
      4612 13th Ave, Brooklyn, NY 11219-2630
      View Details
    • Value Estimation
      $570,000
      8,275 SF

      4522-4526 13th Ave

      FUNERAL HOME
      4522-4526 13th Ave, Brooklyn, NY 11219
      View Details
    • Value Estimation
      $610,000
      3,937 SF

      6501 Ft Hamilton Pkwy, Unit 6507

      FUNERAL HOME
      6501 Ft Hamilton Pkwy, Brooklyn, NY 11219-5524
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,000 SF

      Brooklyn Specialty Property For Sale

      4,000 SF Brooklyn property with development potential.
      1556 62Nd St, Brooklyn, NY 11219
      View Details
    • $1,999,000
      4,512 SF

      Brooklyn Commercial Space For Sale

      New 4,512 SF community space in Dyker Gardens.
      1238 63Rd St, Brooklyn, NY 11219
      View Details
    • $6,800,000

      Dyker Garden Community Space ForSale

      13,615 sq ft mixed-use space in Dyker Heights, Brooklyn.
      1238 63Rd St, Brooklyn, NY 11219
      View Details
    • $1,299,000
      1,471 SF

      Brooklyn Commercial Condo with Terrace

      Spacious condo with terrace, ideal for various commercial uses.
      943 60Th St, Brooklyn, NY 11219
      View Details
    • Contact for pricing
      4,512 SF

      Dyker Garden Community Space ForSale

      New 4,512 SF mixed-use space in Dyker Heights, Brooklyn.
      1238 63Rd St, Brooklyn, NY 11219
      View Details
    • $859,000
      1,230 SF

      Sunset Park Commercial Condo

      1,230 SF Office, Prime Location
      928 57Th St, Brooklyn, NY 11219
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      650 SF

      Brooklyn Retail Space Available

      Retail space available for rent in Brooklyn, New York.
      5115 13Th Ave, Brooklyn, NY 11219
      View Details
    • Contact for pricing
      3,124 SF

      Brooklyn Retail Space For Rent

      Retail space available in Brooklyn with 100' wraparound frontage.
      5101 13Th Ave, Brooklyn, NY 11219
      View Details
    • Contact for pricing
      6,250 SF

      New Office Building For Rent

      Brand new office building with professional tenants and magnificent views.
      1528 60Th St, Brooklyn, NY 11219
      View Details
    • Contact for pricing

      Brooklyn Office Spaces Available

      Office spaces for rent in Brooklyn, ranging from 2,064-8,337 SqFt.
      1021-1023 38Th St, Brooklyn, NY 11219
      View Details
    • Contact for pricing
      1,300 SF

      Renovated Retail/Office Space Available

      Renovated retail/office space in high-traffic Brooklyn location.
      5003 13Th Ave, Brooklyn, NY 11219
      View Details
    • $33 SF/Yr
      5,300 SF

      Brooklyn Warehouse - 5,300 SF

      Spacious Brooklyn warehouse, ideal for various uses.
      1229 60Th St, Brooklyn, NY 11219
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4701 13th Ave
    Brooklyn, NY 11219-2602
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    4701 13th Ave, Brooklyn, NY, 11219
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!