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Property profile & analytics
OFF-MARKET
Estimated value
$2,410,000
Office buildings
634 Dean St Brooklyn, NY 11238-3009
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US63-2697504
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1930
Total area
6,600 SF
Lot
0.08 ac (3,300 SF)
Zoning code
M1-1
APN
01137-0035
UPID
US63-2697504
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
-
TerraCRG Real Estate Agency
-
Sweetbee Cafe & Coffee Shop
-
B & N Roofing & Sheet Metal Roofing Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.70M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.41M
Owner & transaction history
Brooklyn Dean LLC · 11 yrs held
Brooklyn Dean LLC
since 2014
6 recorded transactions
Zoning & alternative use
M1-1 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$3.7M
+3.1%
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%
$2,925,000
6.5%
$2,700,000
7%
$2,510,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,635,000
Current use
INDUSTRIAL (GENERAL)
$3,745,000
Change: +3% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,310,000
Change: -9% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,115,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$2.41M
Range $2.17M – $2.65M · ±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
$365 / 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
$68,722
Tax year 2024
Assessed value
$826,200
Assessed 2024
Previous assessed
$744,300
+11.0% YoY
Effective rate
8.32%
On assessed value
Assessed land
$29,700
Assessed improvement
$796,500
Land market value
$66,000
Improvement market value
$1,770,000
Total market value
$1,836,000
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
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
Off-Market
Year built
1930
Heating
NONE
Buildings
1
Stories
2
Units
2
Total area
6,600 SF
Lot
0.08 ac (3,300 SF)
Zoning code
M1-1
APN
01137-0035
UPID
US63-2697504
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
M1-1 · Brooklyn, NY
Zoning 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
Brooklyn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.6M
INDUSTRIAL (GENERAL)
Est. value
$3.7M
WAREHOUSE, STORAGE
Est. value
$3.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.1M
OFFICE BUILDING Current
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
APARTMENT HOUSE (5+ UNITS)
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
1930
Heating
NONE
Stories
2
Buildings
1
Units
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
Brooklyn Dean LLC
Entity
Mailing address
634 DEAN ST #1, BROOKLYN, NY 11238-3009
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2025
—
Brooklyn Dean, LLC
—
Deed
related
$18,705 · Webster Bank, National Association
Jan 21, 2021
—
Brooklyn Dean LLC
—
Deed
related
$4,290,724 · Signature Bk
May 16, 2019
—
Brooklyn Dean LLC
—
Deed
related
$499,999 · Signature Bank
Jul 24, 2014
$2,650,000
Brooklyn Dean LLC
Jesy Corp
Trustees Deed
related
$2,385,000 · Celtic Bk
—
—
Brooklyn Dean LLC
—
Loan Modification, Consolidation And Extension
related
$3,875,000 · Signature Bk
—
—
Brooklyn Dean LLC
—
Loan Modification
related
$4,290,724 · Signature Bk
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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