Property profile

631 Gates Ave Brooklyn, NY 11221

OFF-MARKET
Retail space
Property ID
US63-3220548
8,000 SF 0.18 ac lot Built 1931
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1931
Total area 8,000 SF
Lot 0.18 ac (8,000 SF)
Zoning code R6A
APN 01811-0072
UPID US63-3220548

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Atm
  • Bank Credit Union
  • Specialty Food Shop Supermarket

Location

631 Gates Ave Brooklyn, NY 11221-1502
Brooklyn metro Census 27700 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
by Request
Blend (final) Blend
$545k

Owner & transaction history

since 2015
2 recorded transactions
2015
Price N/A
2014
Price N/A

Zoning & alternative use

R6A · Brooklyn, NY
Top alternative use upside
Auto repair, garage $6.4M +3.2%

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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