Technical
Financial
Distress signals
Property profile

490 Myrtle Ave RET2 Brooklyn, NY 11205

OFF-MARKET
Retail space
Property ID
US63-5035996
9,400 SF Built 2013
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2013
Total area 9,400 SF
Zoning code R7A
APN 01905-1102
UPID US63-5035996

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Bank Loan Service
  • Architect Service Establishment
  • Atm
  • Financial Advisor
  • Nail Salon

Location

490 Myrtle Ave, Unit RET2 Brooklyn, NY 11205-3067
Brooklyn metro Census 19300 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$6.94M
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.23M

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Zoning & alternative use

R7A · Brooklyn, NY
Top alternative use upside
Auto repair, garage $7.5M +3.2%

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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