Property profile

554 Wortman Ave Brooklyn, NY 11208

OFF-MARKET
Investment properties
Property ID
US63-1557381
2,440 SF 0.03 ac lot Built 1958
Entity Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1958
Total area 2,440 SF
Lot 0.03 ac (1,220 SF)
Zoning code M1-1
APN 04542-0001
UPID US63-1557381

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

554 Wortman Ave Brooklyn, NY 11208
Brooklyn metro Census 107800 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$395k
CAP Approach CAP
$780k
Comparable Approach Comparable
by Request
Blend (final) Blend
$605k

Owner & transaction history

since 2022
2 recorded transactions
2022
Price N/A
2010
Price N/A

Zoning & alternative use

M1-1 · Brooklyn, NY

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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