Property profile

503-505 Flatbush Ave Brooklyn, NY 11225

OFF-MARKET
Car washes
Property ID
US63-5570087
13,994 SF 0.17 ac lot Built 1930
Entity Owned 9-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Car washes
Use group CAR WASH
Year built 1930
Total area 13,994 SF
Lot 0.17 ac (7,618 SF)
Zoning code C8-2
APN 01197-0004
UPID US63-5570087

Cap rate & NOI

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

Location

503-505 Flatbush Ave Brooklyn, NY 11225
Brooklyn metro Census 32700 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$640k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.39M
Blend (final) Blend
$640k

Owner & transaction history

since 2017
4 recorded transactions
2017
$1.6M
2006
$2.2M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C8-2 · 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 503-505 Flatbush Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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