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Property profile & analytics

536 39Th St Brooklyn, NY 11232

  • Motels
  • 6,709 SF
  • 0.06 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US63-6279933
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • The Vue Express @ 39th Street / Hotel & Motel / Bed & Breakfast

Property Details for 536 39Th St

Year built
2009
Lot size
0.06 lot acres
Property size
6,709 SF
Zone code
M1-2
Property type
Motels
APN
00913-0019
APU
9130019

Description

This exceptional five-story commercial building, constructed in 2012, presents a compelling investment opportunity in Brooklyn's vibrant Sunset Park neighborhood. Currently operating as a 16-room motel, the property boasts 6,709 square feet on a 2,504 square foot lot. The building features a convenient on-site parking lot, catering to the needs of its guests. An elevator efficiently services all five floors, enhancing guest convenience. The cellar connects directly to the reception area, providing a seamless flow for operations. Its strategic location offers easy access to essential amenities, including supermarkets, restaurants, pharmacies, and banks. The proximity to the 5th Avenue Commercial District further enhances its appeal. Public transportation is readily available, with the D train and B35, B63, and B70 bus routes nearby. This property represents a blend of established income generation and significant potential for future appreciation, situated in a high-demand area experiencing robust growth. The asking price is $4,380,000. This is a rare chance to acquire a well-established hospitality business in a thriving Brooklyn location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Brooklyn
County
Kings
State
New York
Longitude
-74.0032
Latitude
40.6505
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$15,929
$84,600
$844,200
$928,800
-
$188,000
$1,876,000
$2,064,000
More about this property
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