Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,600,000
Auto shops
6128 8th Ave 6224 Brooklyn, NY 11220-4339
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US63-1929356
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1918
Total area
5,600 SF
Lot
3.69 ac (160,693 SF)
Zoning code
C4-2
APN
05794-0075
UPID
US63-1929356
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.59M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.60M
Owner & transaction history
6208 8th Avenue Owner LLC · 1 yrs held
6208 8th Avenue Owner LLC
since 2025
Last sale
$5.6M
7 recorded transactions
Zoning & alternative use
C4-2 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$8.3M
+87.6%
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
$5,530,000
ML approach
$5,590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$4,450,000
Current use
OFFICE BUILDING
$8,345,000
Change: +88% · Conversion: Difficult
RETAIL STORES
$4,310,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$5.60M
Range $5.04M – $6.16M · ±10% · vs last sale $5.64M (Mar 19 2025)
Last sale anchor
$5.64M
Mar 19 2025
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
$1,000 / 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
$231,151
Tax year 2024
Assessed value
$3,283,650
Assessed 2024
Previous assessed
$2,525,850
+30.0% YoY
Effective rate
7.04%
On assessed value
Assessed land
$3,283,650
Land market value
$7,297,000
Total market value
$7,297,000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1918
Heating
NONE
Buildings
1
Stories
1
Units
2
Total area
5,600 SF
Lot
3.69 ac (160,693 SF)
Zoning code
C4-2
APN
05794-0075
UPID
US63-1929356
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C4-2 · Brooklyn, NY
Zoning C4-2 · permitted uses
C4-2 · 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
AUTO REPAIR, GARAGE Current
Est. value
$4.5M
OFFICE BUILDING
Est. value
$8.3M
RETAIL STORES
Est. value
$4.3M
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
RETAIL STORES
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
1918
Heating
NONE
Stories
1
Buildings
1
Units
2
Lot
3.69 ac
Current owner
From public records · entity-resolved
6208 8th Avenue Owner LLC
Entity
Mailing address
885 2ND AVE, NEW YORK, NY 10017-2201
Ownership since
2025
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
Feb 27, 2026
—
Twrlr Tower LLC
—
Deed
related
$7,500,000 · S3 Re Sunset Park Funding LLC
Mar 21, 2025
—
Twrlr Tower LLC
—
Deed
related
$37,000,000 · S3 Re Sunset Park Funding LLC
Mar 19, 2025
$5,644,750
6208 8th Avenue Owner LLC
Aa 8th Ave LLC
Deed
$2,000,000 · S3 Re Sunset Park Funding LLC
Mar 19, 2025
—
Twrlr Tower LLC
62-08 Realty LLC
Deed
$105,500,000 · S3 Re Sunset Park Funding LLC
Nov 22, 2024
—
62-08 Realty LLC
—
Deed
related
$20,200,000 · 6208 Cdk LLC
Jan 9, 2023
$10,989,978
Landau Wolfe
Sunset United LLC
Deed
$45,300,000 · Signature Bank
Dec 5, 2022
$4,012,909
Aa 8th Ave LLC
Wlgt Holdings LLC
Deed
—
Sep 12, 2022
$73,382,999
Rmds Kohen Partnership L.p.
Ask Partnership, L.p.
Deed
—
Dec 10, 2021
$11,462,694
Wlgt Holdings LLC
37-19 Realty INC.
Deed
—
Apr 26, 2019
—
62-08 Realty LLC
—
Deed
related
$300,000 · Crowdfunz 611 LLC
Sep 21, 2018
—
62-08 Realty LLC
—
Deed
related
$2,000,000 · Crowdfunz 611 LLC
Jun 18, 2018
—
62-08 Realty LLC
—
Trustees Deed
related
$1,200,000 · Crowdfunz 611 LLC
May 15, 2018
—
62-08 Realty LLC
—
Loan Modification
related
$9,000,000 · Icross Fund 4 LLC
Jul 12, 2017
—
62-08 Realty LLC
—
Deed
related
$3,000,000 · Crowdfunz 62-08 8th Ave LLC
Jan 20, 2017
—
62-08 Realty LLC
—
Grant Deed
related
$10,000,000 · Cathay Bk
May 28, 2014
$51,500,000
62-08 Realty LLC
Msk Properties LLC
Grant Deed
$10,000,000 · Cathay Bk
—
—
62-08 Realty LLC
—
Deed Of Trust
related
$300,000 · Crowdfunz 611 LLC
—
—
745 64th Realty Associates LLC
—
Loan Modification, Consolidation And Extension
related
$20,000,000 · Wells Fargo Bk
—
—
Msk Properties LLC
—
Deed Of Trust
related
—
—
—
62-08 Realty LLC
—
Deed Of Trust
related
$3,000,000 · Crowdfunz 62-08 8th Ave LLC
—
—
62-08 Realty LLC
—
Deed Of Trust
related
$1,500,000 · Icross Fund 4 LLC
—
—
62-08 Realty LLC
—
Deed Of Trust
related
$2,000,000 · Crowdfunz 611 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 6128 8th Ave, Unit 6224?
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.
