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Property profile & analytics
OFF-MARKET
Estimated value
$2,115,000
Hotels
561 President St 567, Brooklyn, NY 11215-1018
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US63-5576628
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2018
Total area
52,500 SF
Lot
0.46 ac (19,831 SF)
Zoning code
M1-2
APN
00441-0042
UPID
US63-5576628
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
-
TownePlace Suites New York Brooklyn Hotel & Motel
-
American Print Solutions Marketing & Advertising Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.12M
Owner & transaction history
President Sai II LLC · 18 yrs held
President Sai II LLC
since 2008
7 recorded transactions
Zoning & alternative use
M1-2 · 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
Alternative Use
Use
Estimation
HOTEL/MOTEL
$2,250,000
Current use
Blend value · Realmo final
$2.12M
Range $1.90M – $2.33M · ±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
$40 / 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
$1,023,918
Tax year 2024
Assessed value
$10,985,850
Assessed 2024
Previous assessed
$9,689,850
+13.4% YoY
Effective rate
9.32%
On assessed value
Assessed land
$671,850
Assessed improvement
$10,314,000
Land market value
$1,493,000
Improvement market value
$22,920,000
Total market value
$24,413,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2018
Heating
NONE
Buildings
1
Stories
5
Units
1
Total area
52,500 SF
Lot
0.46 ac (19,831 SF)
Zoning code
M1-2
APN
00441-0042
UPID
US63-5576628
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-2 · Brooklyn, NY
Zoning M1-2 · permitted uses
M1-2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$2.3M
HOTEL/MOTEL Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Heating
NONE
Stories
5
Buildings
1
Units
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
President Sai II LLC
Entity
Mailing address
277 DURHAM AVE, SOUTH PLAINFIELD, NJ 07080-2504
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2022
—
President Sai LLC
—
Deed
related
$3,981,000 · State Bank Of Texas
Jun 9, 2021
—
President Sai II, LLC
—
Deed
related
$1,501,832 · State Bank Of Texas
Jul 15, 2020
—
President Sai II LLC
—
Deed Of Trust
related
$2,488,517 · State Bk/tx
Nov 25, 2019
—
President Sai II LLC
—
Loan Modification
related
$8,825,000 · State Bk/tx
Apr 11, 2019
—
President Sai II LLC
—
Loan Modification
related
$8,825,000 · State Bk/tx
Nov 29, 2016
—
President Sai II LLC
—
Deed Of Trust
related
$8,825,000 · State Bk/tx
Jan 4, 2008
$6,200,000
President Sai II LLC
President Developers LLC
Grant Deed
$1,610,459 · Mutual Bank
Aug 10, 2005
$4,200,000
President Developers LLC
561 President Realty LLC
Grant Deed
related
$3,150,000 · Brooklyn Fsb
—
—
President Sai II LLC
—
Deed Of Trust
related
$3,653,167 · State Bk/tx
—
—
President Sai II LLC
—
Loan Modification
related
$4,000,000 · State Bk/tx
—
—
President Sai II LLC
—
Deed Of Trust
related
$3,086,483 · State Bk/tx
—
—
President Sai LLC
—
Deed Of Trust
related
$3,086,483 · State Bk/tx
—
—
President Sai LLC
—
Deed Of Trust
related
$2,488,517 · State Bk/tx
—
—
President Sai II LLC
—
Loan Modification
related
$8,825,000 · State Bk/tx
—
—
President Sai II LLC
—
Loan Modification
related
$3,653,167 · State Bk/tx
—
—
President Sai II LLC
—
Loan Modification
related
$1,900,000 · State Bk/tx
—
—
President Sai II LLC
—
Loan Modification
related
$3,653,167 · State Bk/tx
—
—
President Sat II LLC
—
Loan Modification
related
$3,653,167 · State Bk/tx
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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