Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Retail space
560 Remsen Ave Brooklyn, NY 11236-1010
Entity Owned
16-yr Hold
Free & Clear
Property ID
US63-1355296
Property summary
AI-generated overview
This exceptional retail space, located at 560 Remsen Avenue in the vibrant Canarsie neighborhood of Brooklyn, New York, offers 1,500 square feet of prime commercial real estate. Situated in Kings County, this property is ideally suited for a variety of retail businesses. The space is currently available for lease as a single unit, presenting a fantastic opportunity for a business seeking a well-located and spacious storefront. The asking rent is $5,000 per month. The property's address is 560 Remsen Avenue, Brooklyn, NY 11236. Its convenient location within the bustling Canarsie community ensures high visibility and accessibility for potential customers. The property type is retail, offering a versatile space adaptable to various retail concepts. This is a multiple tenancy property, although only one unit of 1,500 square feet is currently available. The property's geographic coordinates are latitude 40.6528564 and longitude -73.920505. This presents a unique opportunity to establish or expand a retail business in a thriving Brooklyn neighborhood. Serious inquiries are encouraged to explore this promising retail space.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2010
Total area
5,130 SF
Lot
0.14 ac (5,998 SF)
Zoning code
C8-1
APN
04686-0001
UPID
US63-1355296
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
Current use
Occupant on record · Public records
-
Metro by T-Mobile Mobile Phone Store Electronics & Wireless Store
-
Ken Ken Cuisine Restaurant
-
Pawn Rite Discount Store (Bike/Boat/Book/etc) Store
-
Andrew Nail Spa Inc Nail Salon
-
560 Deli Grocery Corporation Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$640k
Owner & transaction history
6001 Church LLC · 16 yrs held
6001 Church LLC
since 2010
7 recorded transactions
Zoning & alternative use
C8-1 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$640k
Range $576k – $704k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$125 / 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
$36,511
Tax year 2024
Assessed value
$344,700
Assessed 2024
Previous assessed
$398,700
-13.5% YoY
Effective rate
10.59%
On assessed value
Assessed land
$121,500
Assessed improvement
$223,200
Land market value
$270,000
Improvement market value
$496,000
Total market value
$766,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2010
Heating
NONE
Buildings
1
Stories
1
Units
3
Total area
5,130 SF
Lot
0.14 ac (5,998 SF)
Zoning code
C8-1
APN
04686-0001
UPID
US63-1355296
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C8-1 · Brooklyn, NYZoning C8-1 · permitted uses
C8-1 · Brooklyn, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2010
Heating
NONE
Stories
1
Buildings
1
Units
3
Lot
0.14 ac
Current owner
From public records · entity-resolved
6001 Church LLC
Entity
Free & Clear · 16 yrs held
Mailing address
10210 METROPOLITAN AVE, FOREST HILLS, NY 11375-6732
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
22 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2015
—
6001 Church LLC
—
Loan Modification
related
$11,000,000 · * Other Institutional Lenders
Jun 18, 2014
—
6001 Church LLC
—
Loan Modification
related
$10,900,000 · Prime Pt Fndg LLC
Mar 21, 2013
—
102 Metro LLC
—
Grant Deed
related
$8,900,000 · Prime Point Fndg LLC
Feb 7, 2013
—
102 Metro LLC
—
Grant Deed
related
$6,900,000 · Prime Asset Funding LLC
Dec 18, 2012
—
102 Metro LLC
—
Grant Deed
related
$5,800,000 · Prime Asset Funding LLC
Sep 24, 2012
—
102 Metro LLC
—
Grant Deed
related
$4,300,000 · Prime Asset Funding LLC
May 2, 2012
—
102 Metro LLC
—
Grant Deed
related
$1,800,000 · Prime Asset Funding LLC
Oct 19, 2011
—
102 Metro LLC
—
Deed Of Trust
related
$1,200,000 · Prime Asset Funding LLC
Feb 19, 2010
$1,400,000
6001 Church LLC
Marc D Rosen Partner
Deed
—
—
—
6001 Church LLC
—
Loan Modification
related
$10,200,000 · Other Institutional Lenders
—
—
6001 Church LLC
—
Loan Modification
related
$4,400,000 · Other Institutional Lenders
—
—
1387 Boston Rd LLC
—
Deed Of Trust
related
$2,100,000 · Prime Asset Fndg LLC
—
—
102 Metro LLC
—
Loan Modification
related
$9,400,000 · Prime Pt Fndg LLC
—
—
6001 Church LLC
—
Loan Modification
related
$2,427,763 · Signature Bk
—
—
102 Metro LLC
—
Loan Modification
related
$8,500,000 · Prime Pt Fndg LLC
—
—
102 Metro LLC
—
Deed Of Trust
related
$4,000,000 · Prime Asset Funding LLC
—
—
102 Metro LLC
—
Loan Modification
related
$8,400,000 · Prime Pt Fndg LLC
—
—
102 Metro LLC
—
Loan Modification
related
$7,500,000 · Prime Pt Fndg LLC
—
—
102 Metro LLC
—
Loan Modification
related
$8,200,000 · Prime Point Fndg LLC
—
—
102 Metro LLC
—
Loan Modification
related
$9,700,000 · Prime Point Fndg LLC
—
—
126 Merrick Realty LLC
—
Deed Of Trust
related
$2,000,000 · Prime Asset Funding LLC
—
—
102 Metro LLC
—
Loan Modification, Consolidation And Extension
related
$15,500,000 · Prime Pt Fndg LLC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 560 Remsen Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
