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Property profile & analytics
OFF-MARKET
Estimated value
$9,460,000
Warehouses
5701 Foster Ave 5717 Brooklyn, NY 11234-1001
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US63-5976746
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1960
Total area
31,800 SF
Lot
0.76 ac (33,000 SF)
Zoning code
M1-1
APN
07932-0266
UPID
US63-5976746
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
-
Greenhill Trading Inc (Bike/Boat/Book/etc) Store Cosmetic Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.30M
CAP Approach
CAP
$10.57M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.46M
Owner & transaction history
Greenmount Holdings LLC · 6 yrs held
Greenmount Holdings LLC
since 2020
Last sale
$7.2M
7 recorded transactions
Zoning & alternative use
M1-1 · 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
$9,460,000
ML approach
$9,295,000
CAP Approach
CAP Return
Estimation
6%
$11,450,000
6.5%
$10,570,000
7%
$9,815,000
Blend value · Realmo final
$9.46M
Range $8.51M – $10.41M · ±10% · vs last sale $7.20M (Jul 7 2020)
Last sale anchor
$7.20M
Jul 7 2020
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
$297 / 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
$189,954
Tax year 2024
Assessed value
$2,173,500
Assessed 2024
Previous assessed
$1,948,500
+11.5% YoY
Effective rate
8.74%
On assessed value
Assessed land
$270,000
Assessed improvement
$1,903,500
Land market value
$600,000
Improvement market value
$4,230,000
Total market value
$4,830,000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1960
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
31,800 SF
Lot
0.76 ac (33,000 SF)
Zoning code
M1-1
APN
07932-0266
UPID
US63-5976746
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-1 · Brooklyn, NYZoning M1-1 · permitted uses
M1-1 · 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
1960
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.76 ac
Current owner
From public records · entity-resolved
Greenmount Holdings LLC
Entity
Mailing address
597 LEFFERTS AVE, BROOKLYN, NY 11203-1007
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 13, 2022
—
Greenmount Holdings LLC
—
Deed
related
$102,800 · Rbac
Mar 24, 2022
—
Greenmount Holdings LLC
—
Deed
related
$976,050 · Cross River Bank
Jul 7, 2020
$7,200,000
Greenmount Holdings LLC
Autoparts Realty, LLC
Deed
$4,695,250 · Cross River Bank
Aug 18, 2006
$1
5701 Foster Ave Realty Corp
New York City Industrial Devel
Grant Deed
—
Aug 18, 2006
$2,500,000
Autoparts Realty LLC
5701 Foster Ave Realty Corp
Grant Deed
$925,000 · Hsbc Bank USA
—
—
Fms Queens Realty LLC
—
Deed Of Trust
related
$2,275,000 · Hsbc Bank USA
—
—
Autoparts Realty LLC
—
Loan Modification
related
$12,225,000 · Signature Bank
—
—
Lkm Ents Ltd
—
Deed Of Trust
related
$2,225,000 · Signature Bank
—
—
Lkm Ents Ltd
—
Deed Of Trust
related
$2,999,000 · Signature Bank
—
—
Autoparts Realty LLC
—
Deed Of Trust
related
$2,275,000 · Hsbc Bank USA
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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