Entity Owned Property summary
AI-generated overview
The property is a commercial building located along Brooklyn’s 4th Avenue corridor. The existing structure contains approximately 2,560 square feet and features approximately 13-foot ceilings, situated on a 2,654 square foot lot. It is zoned R8A / C2-4 / EC-1, which supports a broad range of potential uses. As-of-right zoning provides an estimated total of 15,977 buildable square feet, with potential to increase to approximately 19,109 buildable square feet through the UAP bonus. The zoning yield reflects a 2.0 commercial FAR and up to approximately 5,308 square feet of potential retail space. The site configuration includes curb frontage and street visibility, and the layout can accommodate owner-user or mixed-use development concepts consistent with the zoning framework, including potential retail, medical, community facility, or showroom-type uses subject to applicable approvals.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1963
Total area
2,560 SF
Lot
0.06 ac (2,654 SF)
Zoning code
R8A
APN
00637-0005
UPID
US63-2527179
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
-
(Bike/Boat/Book/etc) Store Auto Parts Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.07M
Blend (final)
Blend
$2.63M
Owner & transaction history
since 2017
Last sale
$2.9M
1 recorded transaction
Zoning & alternative use
R8A · Brooklyn, NY
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 10 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.63M
Value range
$2.36M – $2.89M
±10% around blend
Estimated value / SF
$1,025 / SF
Confidence
High
10 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
$2.36M
blend $2.63M
$2.89M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,560 SF
Lot area
0.06 ac
Year built
1963
Stories
1
APN
00637-0005
Zoning
R8A
Assessed value
$178,650
Annual tax
$15,910
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.65M
Weighted, 10 comps · high confidence
Evidence
10 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
2.8 mi away · 1,920 SF
3.9 mi away · 2,275 SF
3.9 mi away · 1,850 SF
4.0 mi away · 2,226 SF
5.2 mi away · 1,875 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.63M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 209 sales
$795
+29%
County 209 sales
$795
+29%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $1,025/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 10 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.90M
Move the market yield to see immediate price impact.
Value / SF
$1,133
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$183k
$3.65M
$2.61M
$2.03M
$203k
$4.06M
$2.90M
$2.26M
$223k
$4.47M
$3.19M
$2.48M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
10 found
High confidence · county-verified
Closest comparable
$1.10M
0.3 mi · Jan 2026 · $440/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$15,910
Tax year 2024
Assessed value
$178,650
Assessed 2024
Previous assessed
$152,100
+17.5% YoY
Effective rate
8.91%
On assessed value
Assessed land
$38,250
Assessed improvement
$140,400
Land market value
$85,000
Improvement market value
$312,000
Total market value
$397,000
Applied tax rate
4.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1963
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
2,560 SF
Lot
0.06 ac (2,654 SF)
Zoning code
R8A
APN
00637-0005
UPID
US63-2527179
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R8A · Brooklyn, NYZoning R8A · permitted uses
R8A · Brooklyn, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1963
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.06 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R8A
Jurisdiction
Brooklyn, NY
Recorded code
R8A
Ownership Intelligence
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Owner identityResolved entity and name variants
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Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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