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Property profile & analytics
OFF-MARKET
Estimated value
$1,550,000
Investment properties
70 Hull St, Brooklyn, NY 11233
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US63-4306506
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1899
Total area
2,494 SF
Lot
0.04 ac (1,823 SF)
Zoning code
R6
APN
01537-0066
UPID
US63-4306506
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.55M
CAP Approach
CAP
$1.40M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.55M
Owner & transaction history
Matthew C O'dowd · 2 yrs held
Matthew C O'dowd
since 2024
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
R6 · Brooklyn, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.0M
+139.4%
Retail stores
$1.9M
+132.0%
Office building
$1.4M
+65.9%
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
$1,550,000
ML approach
$1,550,000
CAP Approach
CAP Return
Estimation
6%
$1,510,000
6.5%
$1,395,000
7%
$1,295,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,980,000
Change: +139% · Conversion: Difficult
RETAIL STORES
$1,920,000
Change: +132% · Conversion: Easy
OFFICE BUILDING
$1,375,000
Change: +66% · Conversion: Easy
WAREHOUSE, STORAGE
$1,250,000
Change: +51% · Conversion: Difficult
Blend value · Realmo final
$1.55M
Range $1.40M – $1.71M · ±10% · vs last sale $1.55M (Jun 13 2024)
Last sale anchor
$1.55M
Jun 13 2024
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
$621 / 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
$3,216
Tax year 2024
Assessed value
$56,040
Assessed 2024
Previous assessed
$56,040
+0.0% YoY
Effective rate
5.74%
On assessed value
Assessed land
$9,720
Assessed improvement
$46,320
Land market value
$162,000
Improvement market value
$772,000
Total market value
$934,000
Applied tax rate
1.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1899
Heating
NONE
Buildings
1
Stories
3
Units
3
Total area
2,494 SF
Lot
0.04 ac (1,823 SF)
Zoning code
R6
APN
01537-0066
UPID
US63-4306506
Jurisdiction
KINGS(BROOKLYN)
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
R6 · Brooklyn, NY
Zoning R6 · permitted uses
R6 · 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
$2.0M
RETAIL STORES
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.3M
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1899
Heating
NONE
Stories
3
Buildings
1
Units
3
Lot
0.04 ac
Current owner
From public records · entity-resolved
Matthew C O'dowd
Individual
Mailing address
70 HULL ST, BROOKLYN, NY 11233
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 13, 2024
$1,550,000
Matthew C O'dowd
Moonbow Realty And Builders INC
Deed
$1,498,014 · Mers
Jan 27, 2023
—
Sll Npl LLC
Referee Gregory M. Lpina Esq.
Correction Deed
related
—
Jan 3, 2023
—
Sll Npl LLC
Nyc Reo LLC
Deed
—
Jan 3, 2023
$895,000
Moonbow Realty And Builders INC
Sll Npl LLC
Deed
—
Jul 25, 2022
$1,000
Sll Npl LLC
Referee Gregory M Lpina Esq.
Deed
—
May 10, 2018
$550,000
Sll Funding LLC
Nyc Reo LLC
Grant Deed
—
Aug 7, 2017
$30,000
Nyc Reo LLC
Miller,darryl A
Grant Deed
—
Jan 17, 2006
$385,000
Darryl A Miller
George Whittingham
Deed
—
Apr 26, 2004
$250,000
William Morgan
Franjomar Realty INC
Grant Deed
—
Apr 26, 2004
$350,000
George Whittingham
Morgan,william
Grant Deed
$272,000 · Olympia Mortgage Corp
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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