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Property profile & analytics
OFF-MARKET
Estimated value
$21,035,000
Office buildings
530 President St 554 Brooklyn, NY 11215-1019
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US63-0840520
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1923
Total area
101,395 SF
Lot
0.79 ac (34,231 SF)
Zoning code
M1-4
APN
00448-0013
UPID
US63-0840520
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.04M
Owner & transaction history
Pds Carroll Street LLC · 17 yrs held
Pds Carroll Street LLC
since 2008
7 recorded transactions
Zoning & alternative use
M1-4 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$207 / 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
$51,991
Tax year 2024
Assessed value
$5,081,400
Assessed 2024
Previous assessed
$4,652,550
+9.2% YoY
Effective rate
1.02%
On assessed value
Assessed land
$462,150
Assessed improvement
$4,619,250
Land market value
$1,027,000
Improvement market value
$10,265,000
Total market value
$11,292,000
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
1923
Heating
NONE
Buildings
3
Stories
3
Units
1
Total area
101,395 SF
Lot
0.79 ac (34,231 SF)
Zoning code
M1-4
APN
00448-0013
UPID
US63-0840520
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-4 · Brooklyn, NY
Zoning M1-4 · permitted uses
M1-4 · 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
1923
Heating
NONE
Stories
3
Buildings
3
Units
1
Lot
0.79 ac
Current owner
From public records · entity-resolved
Pds Carroll Street LLC
Entity
Mailing address
530 PRESIDENT ST, BROOKLYN, NY 11215-1019
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2019
—
Pds Carroll Street LLC
—
Loan Modification
related
$19,000,000 · Bnb Bank NA
Sep 5, 2017
—
Pds Carroll Street LLC
—
Deed
related
$1,564,251 · Investors Bank & Trust Co
Nov 10, 2014
—
Pds Carroll Street LLC
—
Loan Modification, Consolidation And Extension
related
$14,000,000 · Investors Bk
Jun 21, 2011
—
Pds Carroll Street LLC
—
Deed Of Trust
related
$13,612,559 · Td Bank NA
Aug 7, 2008
$14,500,000
Pds Carroll Street LLC
505 Carroll St Dev Grp LLC
Grant Deed
$9,860,000 · Td Bank NA
Jun 24, 2008
—
505 Carroll St Dev Group LLC
—
Deed Of Trust
related
$9,200,000 · Intervest National Bank
Jul 1, 2006
$9,500,000
505 Carroll St Dev Grp LLC
505 Carroll Street LLC
Deed Of Trust
related
$11,700,000 · Signature Bank
Jul 1, 2006
$1
505 Carroll Street LLC
New York City Industrial Devel
Grant Deed
related
—
—
—
Pds Carroll Street LLC
—
Loan Modification
related
$12,900,000 · Td Bk NA
—
—
New York Smsa LP
—
Loan Modification, Consolidation And Extension
related
—
—
—
Carroll Stdevelopment Grou 505
—
Deed Of Trust
related
$600,000 · Intervest National Bank
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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