Property profile

557 Franklin Ave Brooklyn, NY 11238

OFF-MARKET
Apartment buildings
Property ID
US63-6034106
14,080 SF 0.09 ac lot Built 1930
Entity Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1930
Total area 14,080 SF
Lot 0.09 ac (4,000 SF)
Zoning code M1-1
APN 02021-0004
UPID US63-6034106

Cap rate & NOI

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

Location

557 Franklin Ave Brooklyn, NY 11238-2921
Brooklyn metro Census 24700 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.17M
Blend (final) Blend
$2.58M

Owner & transaction history

since 2012
7 recorded transactions
2017
Price N/A
2012
$2.3M
2012
Price N/A
2006
$1.4M
2001
$499,000
1969
Price N/A
1969
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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