Property profile

517 39th St Brooklyn, NY 11232

OFF-MARKET
Residential income homes
Property ID
US63-5777461
20,640 SF 0.17 ac lot Built 2008
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Residential income homes
Use group BOARDING/ROOMING HOUSE
Year built 2008
Total area 20,640 SF
Lot 0.17 ac (7,512 SF)
Zoning code M1-2
APN 00903-0164
UPID US63-5777461

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
  • Corporate Office
  • Hotel & Motel
  • Hotel & Motel

Location

517 39th St Brooklyn, NY 11232-3001
Brooklyn metro Census 8800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.72M
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.34M
Blend (final) Blend
$5.48M

Owner & transaction history

since 2022
Last sale
$5.3M
6 recorded transactions
2022
$5.3M
2008
$1.8M
2006
$1.6M
2005
$1.1M
2004
$700,000
1969
Price N/A

Zoning & alternative use

M1-2 · Brooklyn, NY
Top alternative use upside
Commercial (general) $8.1M +59.1%

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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