Property profile

70 8th St Brooklyn, NY 11249

OFF-MARKET
Office buildings
Property ID
US63-5918438
2,500 SF 0.06 ac lot Built 1950
Entity Owned 19-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1950
Total area 2,500 SF
Lot 0.06 ac (2,500 SF)
Zoning code M12R6B
APN 02317-0015
UPID US63-5918438

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
  • Marketing & Advertising Advertising Agency

Location

70 8th St Brooklyn, NY 11249-2816
Brooklyn metro Census 55700 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$560k
CAP Approach CAP
by Request
Comparable Approach Comparable
$475k
Blend (final) Blend
$560k

Owner & transaction history

since 2007
4 recorded transactions
2016
Price N/A
2007
Price N/A
2007
Price N/A
1969
Price N/A

Zoning & alternative use

M12R6B · Brooklyn, NY

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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