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Property profile & analytics
OFF-MARKET
Estimated value
$4,425,000
Office buildings
5216-5220 4th Ave, Brooklyn, NY 11220
Individually Owned
8-yr Hold
~
Est. High Equity
Property ID
US63-3142047
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1931
Total area
11,559 SF
Lot
0.12 ac (5,108 SF)
Zoning code
R7A
APN
00806-0043
UPID
US63-3142047
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.67M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.43M
Owner & transaction history
Temple Xi Fang · 8 yrs held
Temple Xi Fang
since 2018
7 recorded transactions
Zoning & alternative use
R7A · 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
by Request
CAP Approach
CAP Return
Estimation
6%
$6,135,000
6.5%
$5,665,000
7%
$5,260,000
Blend value · Realmo final
$4.43M
Range $3.98M – $4.87M · ±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
$383 / 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
$51,096
Tax year 2024
Assessed value
$526,050
Assessed 2024
Previous assessed
$502,200
+4.7% YoY
Effective rate
9.71%
On assessed value
Assessed land
$114,750
Assessed improvement
$411,300
Land market value
$255,000
Improvement market value
$914,000
Total market value
$1,169,000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1931
Heating
NONE
Buildings
1
Stories
3
Units
1
Total area
11,559 SF
Lot
0.12 ac (5,108 SF)
Zoning code
R7A
APN
00806-0043
UPID
US63-3142047
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R7A · Brooklyn, NY
Zoning R7A · permitted uses
R7A · 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.
Building & site characteristics
From public records
Year built
1931
Heating
NONE
Stories
3
Buildings
1
Units
1
Lot
0.12 ac
Current owner
From public records · entity-resolved
Temple Xi Fang
Individual
Mailing address
5101 8TH AVE, BROOKLYN, NY 11220-2802
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 10, 2018
$5,300,000
Temple Xi Fang
5216 4th Avenue LLC
Grant Deed
—
Apr 10, 2018
—
Xi F Temple
—
Deed
related
$1,977,530 · Icross Fund 4 LLC
Nov 9, 2017
—
5216 4th Avenue LLC
—
Deed
related
$425,000 · Michael Taubenblat
Sep 3, 2014
$2,500,000
5216 4th Avenue LLC
Discipleship Outreach Ministri
Grant Deed
—
Apr 19, 1996
$403,000
Discipleship Outreach Ministri
Zaharopoulos,theodore
Grant Deed
related
$330,000 · Seller
—
—
5216 4th Avenue LLC
—
Loan Modification
related
$425,000 · Michael Taubenblat
—
—
Brooklyn Police Castle INC
—
Loan Modification
related
$425,000 · Michael Taubenblat
—
—
Xi F Temple
—
Loan Modification
related
$1,977,530 · Icross Fund 4 LLC
—
—
Discipleship Outreach Ministri
—
Deed Of Trust
related
$2,000,000 · Citibank NA
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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