Property profile

505 Utica Ave 517 Brooklyn, NY 11203

OFF-MARKET
Drive through restaurants
Property ID
US63-0824353
2,546 SF 0.44 ac lot Built 2005
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2005
Total area 2,546 SF
Lot 0.44 ac (19,001 SF)
Zoning code C8-2
APN 04591-0048
UPID US63-0824353

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
  • Restaurant Take-out & Catering
  • Dental Office

Location

505 Utica Ave, Unit 517 Brooklyn, NY 11203-1916
Brooklyn metro Census 88002 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
$725k
Blend (final) Blend
$485k

Owner & transaction history

since 2019
7 recorded transactions
2019
$5.0M
2019
Price N/A
2005
Price N/A
2005
Price N/A
1969
Price N/A
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
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