Property profile

485-489 New Lots Ave Brooklyn, NY 11207

OFF-MARKET
Investment properties
Property ID
US63-5879006
4,838 SF 0.04 ac lot Built 1930
Entity Owned 9-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1930
Total area 4,838 SF
Lot 0.04 ac (1,750 SF)
Zoning code R6
APN 03843-0014
UPID US63-5879006

Cap rate & NOI

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

Location

485-489 New Lots Ave Brooklyn, NY 11207
Brooklyn metro Census 112800 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
$406k
Blend (final) Blend
$340k

Owner & transaction history

since 2016
7 recorded transactions
2020
Price N/A
2019
Price N/A
2016
Price N/A
2016
Price N/A
2015
Price N/A
2014
$440,000
2007
Price N/A

Zoning & alternative use

R6 · 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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