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Property profile & analytics
OFF-MARKET
Estimated value
$5,830,000
Hotels
636 86th St, Brooklyn, NY 11228-3218
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US63-2720284
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1966
Total area
26,852 SF
Lot
0.21 ac (9,005 SF)
Zoning code
C42A
APN
06055-0021
UPID
US63-2720284
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
-
avid Hotels Brooklyn Dyker Heights, an IHG Hotel Hotel & Motel
-
avid hotel Brooklyn - Dyker Heights, an IHG Hotel Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.30M
CAP Approach
CAP
$5.30M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.83M
Owner & transaction history
Sunshine Brooklyn LLC · 4 yrs held
Sunshine Brooklyn LLC
since 2021
Last sale
$5.7M
7 recorded transactions
Zoning & alternative use
C42A · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.9M
+329.0%
Restaurant
$4.9M
+325.5%
Retail stores
$4.3M
+277.1%
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
$6,260,000
ML approach
$6,295,000
CAP Approach
CAP Return
Estimation
6%
$5,740,000
6.5%
$5,300,000
7%
$4,920,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$4,940,000
Change: +329% · Conversion: Difficult
RESTAURANT
$4,900,000
Change: +325% · Conversion: Difficult
RETAIL STORES
$4,345,000
Change: +277% · Conversion: Difficult
Blend value · Realmo final
$5.83M
Range $5.25M – $6.41M · ±10% · vs last sale $5.65M (Dec 20 2021)
Last sale anchor
$5.65M
Dec 20 2021
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
$217 / 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
$378,700
Tax year 2024
Assessed value
$3,603,600
Assessed 2024
Previous assessed
$233,100
+1,445.9% YoY
Effective rate
10.51%
On assessed value
Assessed land
$233,100
Assessed improvement
$3,370,500
Land market value
$518,000
Improvement market value
$7,490,000
Total market value
$8,008,000
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
1966
Heating
NONE
Buildings
1
Stories
6
Units
62
Total area
26,852 SF
Lot
0.21 ac (9,005 SF)
Zoning code
C42A
APN
06055-0021
UPID
US63-2720284
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
C42A · Brooklyn, NY
Zoning C42A · permitted uses
C42A · 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
Est. value
$4.9M
RESTAURANT
Est. value
$4.9M
RETAIL STORES
Est. value
$4.3M
AUTO REPAIR, GARAGE
RESTAURANT
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
1966
Heating
NONE
Stories
6
Buildings
1
Units
62
Lot
0.21 ac
Current owner
From public records · entity-resolved
Sunshine Brooklyn LLC
Entity
Mailing address
776 MONTAUK HWY, BAYPORT, NY 11705-1694
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2025
—
Sunshine Brooklyn LLC
—
Deed
related
$3,000,000 · Cathay Bank
Oct 25, 2023
—
Sunshine Brooklyn LLC
—
Deed
related
$950,000 · Cathay Bank
Dec 20, 2021
—
Sunshine Brooklyn LLC
Sunshine Brooklyn LLC
Deed
related
$9,050,000 · Cathay Bank
May 15, 2019
$5,650,000
Sunshine Brooklyn LLC
Dige Associates LLC
Grant Deed
—
Dec 9, 2005
—
Dige Associates LLC
Panou,dimitrios
Grant Deed
related
—
—
—
Dimitrios Panou
—
Deed Of Trust
related
$36,922 · Independent Credit Union
—
—
Dige Associates LLC
—
Deed Of Trust
related
$400,000 · New York Mortgage Co LLC
—
—
Dimitrios Panou
—
Deed Of Trust
related
$145,000 · Interbank Of New York
—
—
Dimitrios Panou
—
Deed Of Trust
related
$80,122 · Independent FCU
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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