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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Assisted living facilities
50 Sheffield Ave, Brooklyn, NY 11207-2420
Entity Owned
Free & Clear
Property ID
US63-3832683
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1971
Total area
39,568 SF
Lot
0.45 ac (19,500 SF)
Zoning code
C4-1
APN
03668-0002
UPID
US63-3832683
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
-
Devendra Kumar Shrivastava Physician Medical Clinic
-
Peyman Younesi Physician
-
LESYA TARASCINA Physician
-
Adult Day Care at Bushwick Center Adult Day Care
-
Bushwick Center Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$701k
Blend (final)
Blend
$935k
Owner & transaction history
Centers Group Holdings 7 LLC
Centers Group Holdings 7 LLC
since 2026
7 recorded transactions
Zoning & alternative use
C4-1 · 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
Method
Estimation
Statistic approach
by Request
ML approach
$1,170,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
$915,000
Current use
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$24 / SF
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
$275,555
Tax year 2024
Assessed value
$2,712,600
Assessed 2024
Previous assessed
$2,657,700
+2.1% YoY
Effective rate
10.16%
On assessed value
Assessed land
$219,600
Assessed improvement
$2,493,000
Land market value
$488,000
Improvement market value
$5,540,000
Total market value
$6,028,000
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1971
Heating
NONE
Buildings
1
Stories
4
Total area
39,568 SF
Lot
0.45 ac (19,500 SF)
Zoning code
C4-1
APN
03668-0002
UPID
US63-3832683
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C4-1 · Brooklyn, NY
Zoning C4-1 · permitted uses
C4-1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Est. value
$915,000
HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1971
Heating
NONE
Stories
4
Buildings
1
Lot
0.45 ac
Current owner
From public records · entity-resolved
Centers Group Holdings 7 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
50 SHEFFIELD AVE, BROOKLYN, NY 11207-2420
Mailing matches property
Yes
Owner-occupied
Yes
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2026
$62,500,000
Centers Group Holdings 7 LLC
Hagler Daryl
Deed
—
Mar 25, 2026
$61,250,000
50 Sheffield Snf Realty LLC
Wart Realty LLC
Deed
$35,120,705 · The Huntington National Bank
Mar 25, 2026
—
Wart Realty LLC
Wart Realty LLC
Deed
related
—
Aug 31, 2016
—
Wart Realty LLC
—
Deed
related
$23,679,700 · Greystone Fndg
May 26, 2010
$10,250,000
Wart Realty LLC
Wartburg Lutheran Hm/the Agi
Trustees Deed
related
$6,109,700 · Greystone Servicing Corp
May 26, 2010
—
Wart Realty LLC
—
Deed Of Trust
related
$6,109,700 · Greystone Servicing Corp
Oct 6, 2008
—
Wartburg Lutheran Hm Of The Aging
—
Deed Of Trust
related
$1,000,000 · Amalgamated Bank
Sep 26, 2008
—
Wartburg Lutheran Hm Of The Aging
—
Deed Of Trust
related
$16,570,000 · Amalgamated Bank
—
—
Wart Realty LLC
—
Deed Of Trust
related
—
—
—
Wart Realty LLC
—
Loan Modification, Consolidation And Extension
related
$23,679,700 · Greystone Fndg
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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