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Property profile & analytics
OFF-MARKET
Estimated value
$3,625,000
Apartment buildings
5407 Kings Hwy 225, Brooklyn, NY 11203-6721
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US63-5536741
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1952
Total area
195,000 SF
Lot
5.58 ac (243,108 SF)
Zoning code
R4
APN
07930-0001
UPID
US63-5536741
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
$3.63M
Owner & transaction history
Clarendon Gardens LLC · 11 yrs held
Clarendon Gardens LLC
since 2015
7 recorded transactions
Zoning & alternative use
R4 · 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
$19 / 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
$959,407
Tax year 2024
Assessed value
$8,570,250
Assessed 2024
Previous assessed
$7,285,950
+17.6% YoY
Effective rate
11.19%
On assessed value
Assessed land
$1,179,450
Assessed improvement
$7,390,800
Land market value
$2,621,000
Improvement market value
$16,424,000
Total market value
$19,045,000
Applied tax rate
2.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1952
Heating
NONE
Buildings
9
Stories
3
Units
225
Total area
195,000 SF
Lot
5.58 ac (243,108 SF)
Zoning code
R4
APN
07930-0001
UPID
US63-5536741
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R4 · Brooklyn, NY
Zoning R4 · permitted uses
R4 · 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
1952
Heating
NONE
Stories
3
Buildings
9
Units
225
Lot
5.58 ac
Current owner
From public records · entity-resolved
Clarendon Gardens LLC
Entity
Mailing address
PO BOX 340157, BROOKLYN, NY 11234-0157
Ownership since
2015
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
Mar 20, 2019
—
Clarendon Gardens LLC
—
Deed
related
$7,242,467 · New York Community Bank
Jul 14, 2017
—
Clarendon Gardens LLC
—
Deed
related
$2,000,000 · Capital One NA
Feb 27, 2015
$32,515,000
Clarendon Gardens LLC
Kmgh Clarendon LLC
Deed
$4,375,000 · Capital One Bank NA
Jul 9, 2009
—
Kmgh Clarendon LLC
Nyc Ptshp Hsng Dev Fund Co INC
Grant Deed
—
Sep 7, 2007
—
Kings Clarendon Assocs
King Clarendon Associates
Quit Claim Deed
related
—
Sep 7, 2007
$19,500,000
Nyc Ptshp Hsng Dev Fund Co INC
Kings Clarendon Assocs
Deed Of Trust
$14,306,375 · Petra Mortgage Capital Corp
—
—
Clarendon Gardens LLC
—
Loan Modification
related
$32,000,000 · New York Cmnty Bk
—
—
Clarendon Gardens LLC
—
Loan Modification, Consolidation And Extension
related
$24,375,000 · Capital One NA
—
—
Kmgh Clarendon LLC
—
Loan Modification
related
$20,000,000 · Pembrook Clarendon Cap LLC
—
—
Kmgh Clarendon LLC
—
Deed Of Trust
related
$4,395,577 · Pembrook Clarendon Capital LLC
—
—
Kmgh Clarendon LLC
—
Deed Of Trust
related
$16,000,000 · New York Community 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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