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Property profile & analytics
OFF-MARKET
Office buildings
481 Wythe Ave Brooklyn, NY 11249-6183
Entity Owned
~
Est. High Equity
Property ID
US63-6195244
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1915
Total area
6,350 SF
Lot
0.1 ac (4,517 SF)
Zoning code
R6
APN
02156-0005
UPID
US63-6195244
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Treff & Lowy PLLC Law Firm
-
Friday Inc (Bike/Boat/Book/etc) Store Corporate Office
-
Liberty Paper & Plastic Inc (Bike/Boat/Book/etc) Store
-
Booksmart Accounting And Bookkeeping Services Accounting Firm
-
Highline Developers Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
481 Wythe LLC
481 Wythe LLC
since 2026
Last sale
$5.8M
7 recorded transactions
Zoning & alternative use
R6 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Brooklyn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brooklyn submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$42,373
Tax year 2024
Assessed value
$536,400
Assessed 2024
Previous assessed
$461,250
+16.3% YoY
Effective rate
7.90%
On assessed value
Assessed land
$61,200
Assessed improvement
$475,200
Land market value
$136,000
Improvement market value
$1,056,000
Total market value
$1,192,000
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1915
Heating
NONE
Buildings
1
Stories
2
Units
2
Total area
6,350 SF
Lot
0.1 ac (4,517 SF)
Zoning code
R6
APN
02156-0005
UPID
US63-6195244
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R6 · Brooklyn, NY
Zoning R6 · permitted uses
R6 · Brooklyn, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brooklyn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1915
Heating
NONE
Stories
2
Buildings
1
Units
2
Lot
0.1 ac
Current owner
From public records · entity-resolved
481 Wythe LLC
Entity
Mailing address
481 WYTHE AVE, BROOKLYN, NY 11249-6183
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 2, 2026
$5,800,000
481 Wythe LLC
Wythe Ave Prop, LLC
Deed
—
Apr 24, 2017
—
Wythe Ave Prop LLC
—
Deed
related
$3,500,000 · Provident Bk
May 3, 2011
—
Wythe Ave Prop LLC
1 & 5 Realty LLC
Warranty Deed
—
Aug 4, 2004
$100,000
1 & 5 Realty LLC
Lid-fla Realty Corp
Grant Deed
—
—
—
Wythe Ave Prop LLC
—
Deed Of Trust
related
$775,000 · Cross River Bank
—
—
Wythe Ave Prop LLC
—
Deed Of Trust
related
$500,000 · Tibor Hersko
—
—
Wythe Ave Prop LLC
—
Deed Of Trust
related
$275,000 · Cross River Bank
—
—
Wythe Ave Prop LLC
—
Deed Of Trust
related
$1,750,000 · Houtex LLC
—
—
Wythe Ave Prop LLC
—
Loan Modification, Consolidation And Extension
related
$3,500,000 · Provident Bk
—
—
1 & 5 Realty LLC
—
Deed Of Trust
related
$100,000 · Brooklyn Fsb
—
—
1 & 5 Realty LLC
—
Deed Of Trust
related
$650,000 · 1818 Brucha LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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